The position issue we talked about before, sharing with everyone

Position management advice for everyone: For example, if you take out 30,000 USDT for contracts, my suggestion is to divide it into 3 parts, each part being 10,000 USDT. Each time you open a position, use one part to open the position, keeping it fixed at 10,000 USDT, with Bitcoin not exceeding 10x leverage and altcoins not exceeding 5x. If you lose money, for example, if you lose 1,000 USDT, you can supplement it with 1,000 USDT from outside. If you make 1,000 USDT, you can withdraw 1,000 USDT. Ensure that in the recent period, you can guarantee that each time you open a position, it remains at a fixed position of 10,000 USDT. Until you make 60,000 USDT with this 30,000 USDT approach, increase each part's position to 20,000 USDT and continue this way. The benefits are:

1. Diversifying positions + low leverage, avoiding losing all funds due to exchange spikes.

2. Avoiding issues with margin calls. If one day you get margin called and lose everything, you will only lose at most 1/3, leaving the rest as a buffer opportunity for you.

3. Maintaining a fixed position allows you to keep a relatively calm mindset during losses or profits, which can help stabilize your mentality.

My habit of opening positions is to hit full amounts at once. For example, one part of 10,000 USDT, a single market move for one coin, is a full position. Hitting full means using 1/3 of the funds for positions, with altcoins at 5x and Bitcoin at 10x, fully entering and exiting. My approach is that I have a more precise grasp of the entry points. If you have stop losses and use low leverage, it is impossible to get liquidated.

If funds are tight or if you are currently losing a lot or in debt, do not deposit too much money. Just deposit 1,000 or 2,000 yuan, divide it into 3 parts, and take your time. Don’t underestimate this; 1,000 yuan per part is only 300 yuan, and in this market, any amount can be significant, which is important.

Regarding how to reduce losses, here are 3 suggestions:

1. Avoid high leverage. Altcoins over 5x and Bitcoin over 10x are considered high leverage. Using high leverage is always a road to ruin.

2. Do not take positions against the trend. When prices rise, and you want to short, even though there are shorts available, you need to remind yourself that you can't trade this market. It’s better to miss the entire round than to try to catch the top or bottom against the trend.

3. Trading should be logical. Don’t just look at charts. #狂人谈币