Position Management: Don't Let Your Position Determine Your Fate

The cryptocurrency market is highly volatile; trading without position rules is like swimming naked.

In a good market, being fully invested makes you feel euphoric; in a bad market, being fully invested can lead to immediate exit.

Position is like the water in a cup; it's easy to spill when full, but when it's too little, you end up thirsty.

Rational allocation, such as 30% observation, 30% swing trading, and 40% base position, can leave you room to breathe amid uncertainty.

Don't envy those who double their money in one go; they often also face the risk of losing everything once.

Staying alive gives you the chance to catch the next wave of the market. Reasonably allocate your position; don't pursue 'maximizing profits', but rather 'surviving longer'.