#TradersLeague

How to manage your positions well in the cryptocurrency world?

Don't go all-in, avoid risking it all! Use at most 20% of your spare money for total positions, as cryptocurrencies can drop significantly at any time. Leave yourself an escape route to survive longer.

Don't put all your eggs in one basket. Don't risk it all on a single coin! Major coins (BTC, ETH) should make up the bulk of your investment, and altcoins should not exceed 5%; treat them like lottery tickets.

Cut losses quickly, and take profits in stages. Set stop-loss orders in advance: set your stop-loss immediately after buying, don't wait until you're deeply trapped to regret it! Take profits in batches: withdraw your principal after a 20% rise, leave the profits to aim for doubling, and sell in batches when you reach your target—don't be greedy for that last bit!

If you don't handle leverage well, it can be a ticking time bomb; it's better for beginners to avoid it. Contracts and loans can lead to total loss in minutes, so it's safer to stick with mainstream altcoin spot trading; being able to sleep well is worth more than anything else.

Stock up during a bear market, and harvest during a bull market! Gradually buy the dip during big declines, and sell more as prices rise; don't chase after prices that are climbing, and don't hold on desperately when they fall!

Ultimately, use money you can afford to lose, separate your investments, act quickly, and don't get too excited! Surviving is the key to waiting for the bull market to turn things around.