Ten years ago, when I first entered the cryptocurrency space, I had just turned 25.

Back then, I was holding onto the first sum of money I’d saved from working, and I jumped in without knowing anything. Over the years, I’ve witnessed the craziness of Bitcoin soaring above $60,000, and I’ve also experienced the despair of consecutive market crashes. Now, at 35, people often ask me out of curiosity: Did you actually make money?

I’ve never hidden the truth—during the bull market from 2020 to 2022, my account balance did surpass the tens of millions. Now, I don’t think twice about booking a $2,000 hotel while on a business trip. Compared to my peers who are stuck in fierce competition in traditional industries, my life is relatively easygoing.

Many people think I have talent or just got lucky. But honestly, surviving and making a profit in this market relies on a position management strategy I developed myself—the “343 Position Management Method.”

Take Bitcoin as an example. Let’s say you have $120,000 ready to invest. The first step is to start with only 30%, which is $36,000, to build an initial position.

What’s the biggest advantage of a small position? Peace of mind. When prices fluctuate wildly in the short term, you won’t lose sleep, and your risk always stays within a controllable range.

Next comes the core 40% for scaling in. The price goes up? Don’t chase. Wait for a pullback to a key support level before adding more. The price drops? Don’t panic. For every 10% drop, add another 10% of your position, gradually deploying this 40% of your capital. By operating this way, no matter how the market swings, your holding cost is smoothed and averaged down, and you won’t get trapped at a single price point.

The last step is the hardest—wait until the trend is completely clear, then decisively allocate the remaining 30%. The whole process is like building a house: lay a solid foundation before stacking up, with each step practical and tangible.

Does this method sound a bit “dumb”? There’s none of the thrill of chasing skyrocketing meme coins, nor the excitement of high-leverage contracts. But in crypto, the most reliable approach is often this seemingly clumsy way.

I’ve seen too many smart people rush in with dreams of overnight wealth, chase pumps and dumps, go all-in with heavy bets, and eventually get liquidated and leave the scene. I’ve always stuck to “calm, not greedy, phased entry”—when others panic, I’m laying out my plan; when others are frenzied, I’m reducing my position.

The logic behind making money in crypto isn’t complicated. The hard part is overcoming the greed and fear within human nature. If you want to survive in this market long-term, why not try this “dumb method”—slow is fast, and steady is real.