Position allocation is crucial! Never go all-in; always keep a reserve of ammunition to respond promptly to market fluctuations.

Think about position management and your cryptocurrency trading mindset. Define your positioning and clearly understand what you want.

For short-term trading, consider selling near resistance levels. Don't regret it if the price rises; you're a short-term trader anyway; just move on. If the price rises, you're reluctant to sell and want to invest long-term, while if it falls, you want to invest short-term. This mindset can be very detrimental.

If you're a long-term investor who wants to invest long-term, don't be afraid of pullbacks. Focus on the results, not the process. Of course, you should be prepared for 50% or even 100% retracements. The entire bull market is a cycle of pullbacks, rises, and pullbacks, a volatile upward spiral. Swing traders can reduce their positions after gains, but be sure to buy back in after a price correction to avoid missing out on opportunities and then chasing higher prices. $BTC $ETH