Why am I managing my position now? Because without management, I won't survive to see a bull market!
Have you ever had these moments? Eagerly expecting a '100x coin', buying more as it drops, only to see it cut in half; seeing others make money and buying impulsively, only to lose immediately and then watch it rise again; realizing that although my account had doubled, I'm now worse off than at the start…
Don't be afraid, I'm the same.
But when did the change begin?
This is when I truly understood—position management is the only active control retail investors have.
Five core principles of position management
1) Every position must have an expected 'take profit/stop loss' point.
Stop saying 'let's see later.' That's not being zen; that's just waiting for disaster. Even if you sell half after a 100% gain or retreat after a 30% loss, it's better than stubbornly holding on.
2) Never go all in, especially during FOMO.
If you think this opportunity is once in a lifetime, then take out the maximum amount you're willing to lose, and divide it into two or three buys. A full send usually leads to not doubling but crashing.
3) Even when not using leverage, you are still managing your position.
Many people think position management = contract positions, but that's not correct. Even with spot, it should be allocated proportionally, for example:
30% mainstream coins (BTC/ETH)
50% opportunity coins (focus on the sector and trends)
20% stablecoins (for quick buying/ emergencies)
This is the strategy that can survive multiple bull and bear cycles.
🌰 Position management tool recommendations
🚶♂ Beginner level: pure manual + spreadsheet bookkeeping
Suitable for newcomers with limited funds who want to develop good habits.
Excel / Notion / Airtable self-built spreadsheets
🧗♀ Advanced players: Use tools for asset + position tracking.
debank.com / Zerion / Apeboard / Instadapp
👉 Import wallet address with one click to see all your positions in DeFi
❗ Some tools do not support non-EVM chains or can be confusing with multiple wallets.
CoinMarketCap / CoinGecko's Portfolio feature
🧙♂ Expert-level position system: Modular accounts + strategy combinations.
Diversifying across multiple wallets or exchanges ('vault' system)
👉 Long-term vault (cold wallet), swing positions (Binance/OKX), farming-specific vault, spot sub-account, perpetual futures sub-account
⚠ Management costs are rising, suitable for high-frequency traders or those with large positions.
Position Visualization Tool (Dune, Nansen, Arkham
💡Debank / Zerion: Check your overall asset distribution and net worth changes in your on-chain wallet.
💡CoinMarketCap watchlist + alerts: Setting reminders is better than blindly chasing prices.
💡Notion / Excel spreadsheets: Manually record your buying/selling logic + real-time price changes for clearer reviews.
4) Set a 'maximum loss threshold'.
For example: I allow this position to lose a maximum of 20%, then execute at that point. Don't be trapped by fantasies like 'it might rebound.' Stop-loss is not a failure but a necessary cost to protect your principal.
5) Never engage in unprepared battles; write down the reason for each purchase.
—— What is the reason for entering the market?
—— Where are the expected returns and stop losses?
—— Are there alternative opportunities?
Many people only see 'it will go up' but forget to ask 'why is it worth holding onto?'
✅ If it gets cut in half tomorrow, what should I do?
✅ If it doubles tomorrow, will I regret not buying more?
✅ How long can my cash flow last?
In the crypto world, it's not about who makes money faster, but who survives longer.
The market won't reward you for being aggressive, but it will reward you for surviving with a plan.
The next bull market belongs only to those still at the poker table.
—— by CC, give a follow, so you don't get lost) 😊
