In the cryptocurrency world, if you don't understand position management, losses are inevitable!

Do you often find yourself frequently trading in the crypto market, yet losses always linger?

It's not a matter of luck; you simply haven't grasped the core: position management.

It's not the surges and drops that make money, but how to survive through the waves of market fluctuations.

Many people dive into the crypto market with all their funds, not understanding how to control their positions, and as a result, a single bearish candle wipes them out.

If you still don’t believe it, you can only wait for your position to go to zero.

So, how should position management be done?

Being fully invested does not mean a bull market is about to break out.

Every time you go all in, you think about getting rich overnight.

This kind of play is always more wrong than right.

You should learn to allocate your positions; you don’t need to put all your money on one bet; a 20% position can be stable.

As for the rest, keep some liquidity and wait for the market to give you the opportunity to add to your position.

Being in cash is the best weapon to prevent losses.

When the market is uncertain, the safest approach is to stay in cash and not trade.

Many people blindly follow trends because they're afraid of missing opportunities, resulting in even greater losses.

If you stay in cash, at least you can preserve your principal.

That's right, the money comes from the market, but if you don't know how to stay calm, you will only be eliminated by the market.

You must quit emotional trading:

Just a little more drop, I’ll break even soon.

This time it will definitely go up; let’s take a gamble.

Everyone else is entering the market; I want to follow too...

These are all typical signs of emotional trading.

You initially didn’t lose much, but ended up losing everything due to a moment of impulse.

Staying calm and not letting emotions control your decisions is key to your survival.

When you’re in profit, learn to take some out.

When you have made profits, promptly withdraw a portion of your funds to lock in those profits.

Don’t wait until the market reverses and then regret not taking some out sooner.

Locking in profits is fundamental to better handle future fluctuations.

I have also made many mistakes, like many people, going all in, heavily investing, chasing highs and cutting losses, which ultimately led to losses.

Until I realized that the hardest part of the crypto market is not making money, but surviving.

Position management and mindset are the foundations of success.

Don't engage in emotional trading.

Lock in profits promptly when you're in the black, and don't make hasty additions when you're in the red.

Trading in the crypto market is like investing in any other market; profits come from strategy, and stability comes from execution.

No matter how many opportunities arise, if you can't keep yourself grounded, it will all be wasted.