Recently, some fans mentioned that when they first started playing, they didn't know how to operate.

When they first entered, the capital was only under 1000U, and they asked me for good strategies. Today, I will share my suggestions.

For example, if you have 1000U, divide it into 10 parts, and invest 100U each time, with a suggested leverage of 20X. Newcomers find it hard to control their mindset with too high a multiplier. The remaining 900U should be kept in a wealth management account. If you lose 100U, you must not think about adding more positions.

If you lose everything, the first thing you need to do is reflect and summarize, then take a break for 1-2 days. Don't be afraid of missing out on market trends; Bitcoin's volatility can happen at any time. There are big fluctuations every month, and opportunities abound, but it depends on whether you are lucky enough to play.

Once you're adjusted, divide the remaining 900U by 10 to get 90U per part, and invest it again. This time, be more cautious and aim to earn back the money. Suppose this time you earn 300U; you keep 100U and transfer the remaining 200U out. This way, you'll feel more at ease and your mindset will definitely improve a lot. Just don't invest everything; if a black swan event occurs in the market, you would lose everything at once and have to start over.

Objectively speaking, in contract trading, just open 10X. If you're wrong in your direction and it drops by 10%, you'll get liquidated. And for Bitcoin, a 20% fluctuation a year is very normal. If you go all in every time, it doesn't matter how much you earned before; in the end, everything goes back to zero. Walking by the river often, nobody can guarantee that you will be right every time. A great trader with a 60% success rate is already quite impressive.

Therefore, position management is extremely important. Even if you have a 90% win rate, one mistake can lead to irreparable consequences.