I entered the market in 2017, witnessing Bitcoin's crazy rise from $3,000 to $60,000, and also experiencing the despair of some projects collapsing overnight. The most embarrassing moment was when my account only had $3,000 left, almost completely退出ing the market. But this year, the situation has changed—net assets have surpassed seven figures.

This is not luck. Ultimately, it comes down to learning one word: discipline.

**Position size is a lifeline; don’t go all-in gambling**

I’ve seen too many people come in and go all-in immediately, then can’t sleep when the market slightly fluctuates. What’s the real situation? Position management is not some advanced skill; it’s simply insurance for survival.

My approach is very stubborn: never exceed 40% of total position. No matter how attractive the market is, keep 60% in cash—this money isn’t for regretting missing out, but for bottom fishing. Remember that sudden sell-off in September? I used this reserve fund to add positions at the bottom, and when it rebounded, I made a 30% profit.

For a single coin, it’s even more strict—maximum 10%. Even the most promising project is limited to this amount. Last year, a hot coin tripled in value, but I didn’t reduce my position, resulting in the team跑路ing and the position going to zero. Luckily, it only accounted for 5% of my total portfolio, so the loss was within my tolerance.

I divide my funds into three parts:

30% for short-term trading—only focus on strong coins, take profit at 5%, and immediately exit, never greedy.

40% for swing trading—wait for weekly trend signals, such as moving averages aligning in a bullish pattern and volume breaking previous highs, then take action.

30% for the “bottom drawer”—no matter how extreme the market, I don’t touch this part. Even if Bitcoin hits $100,000, I won’t move a penny.

**Stop-loss is always more valuable than profit**

Losing 10% requires earning more than 11% to break even. The numbers are harsh, but that’s math. The more you lose, the higher the return needed to recover. So instead of waiting to make it back, it’s better to exit decisively when losing 5%.

My strict rule is: if it hits a 5% stop-loss, I must exit without exception. It sounds passive, but it’s the safest. Because only alive can you make money; if you’re dead, there’s no chance.

After坚持 this discipline for so many years, my simple conclusion is: the easiest way to die in crypto isn’t lack of ability, but dreaming of overnight riches. Managing your position and守住底线 are more important than anything else.