In recent days, market sentiment has been high, and the number of people buying and short-selling has visibly increased, especially those signal callers who are enthusiastically shouting live slogans while occasionally packaging a few seemingly professional terms, such as: 30% position, 50% position—meaning trust me, there’s no risk, I’m talking about position control.
In fact, it’s all nonsense.
You have one hundred dollars; theoretically, you take thirty dollars to speculate once, hoping that thirty turns into fifty or even a hundred, which seems reasonable.
Now, would you take ten dollars and throw it in the river, betting that it will turn into a thousand and float back to you tomorrow? Would you take that bet?
There will still be people who bet; maybe they’ll succeed and continue to entice you? Would you take that bet? A thousand dollars can be thrown a hundred times… The people who initially bet would likely continue to bet, and then, there would be no further outcome; your original one hundred would also have drifted away.
What is position management? Building a position means you have calculated how much risk you can bear and what to do if you incur losses, whether there’s continuity.
All things actually have a rule of limits approaching zero, including risk. If you buy an Ethereum worth 800 USDT for 1000 USDT now, do you think you have risk? If so, then buy half or 0.1 and continue to wait. The ultimate goal of position management is to minimize your risk, regardless of how much you invest each time; it’s just temporarily overspending now, and it will eventually be corrected, ultimately keeping the risk at the lowest level! Not like what those signal callers say, either go to the moon or a 30% loss!
Speaking of which, those signal callers don’t understand anything, they know nothing, can’t study, can’t work, and can’t think; these kinds of people only have gambling in their minds, or they’re betting by latching onto others. Those who trust them are no different from those who believe in pyramid schemes.
