The insights on position management gained through hard-earned money; I didn't understand before, but now I do ❤️
Full Position = Foot on the Gas! It charges ahead fast, but can crash quickly, painfully tested personally 😭
Empty Position = Constantly braking; you feel safe, but the scenery is always outside the window. 😅
So the correct approach is: increase your position when the trend is good, and reduce it when the risk is high. 😆
Managing your position well has many benefits: in case of a sudden crash, you still have 'cash positions' to average down, while those with full positions can only watch their accounts shrink helplessly.
At the same time, when the market is in despair and others are panic selling, you have money in your pocket to pick up good bargains (bottom fishing).
Finally, watching the market with light positions allows for a calm mindset to analyze the current state of the market, determining whether to increase positions or cut losses; emotional exits can lead to rational entries! $BTC $ETH $SOL #卡尔达诺稳定币提案 #以色列伊朗冲突 #美国加征关税