#数字资产市场洞察 Recently, some friends asked me in the group, how exactly should I manage my positions? Honestly, this isn’t a mystery at all. To put it simply, it’s four words: control the size.

How much to trade per order? How to split into batches? What if I lose money—can I still walk away intact? These are the real skills.

I’ve been in the crypto world for many years and have seen many who make big money, but the ones who go the furthest are never those who hit a big jackpot on a single trade and then exit. They rely on one word—"survive." The longer they survive, the more they earn. And what really determines whether you can survive isn’t your market judgment ability, but whether your position management is effective.

Looking back, most of the guys who lost the most weren’t completely wrong about the direction. The real killers are usually these tactics: going all-in right away, getting caught on a slight market fluctuation; chasing after rises and falls, adding more on small gains, only to see profits wiped out during a correction, even ending up in debt; or even more heartbreaking, when a real opportunity appears, but because of reckless previous moves, you have no position and no courage, only able to watch helplessly.

Does this sound familiar? The root of these problems isn’t the market itself, but total loss of control over your positions.

My own approach is simple—divide into batches. Start small, test the waters with the smallest position. If the direction is correct, gradually add; if not, cut losses immediately. Even if you’re wrong, the damage is limited and you won’t get hurt badly.

Why do this? Because human emotions are as uncontrollable as the market. No one can buy at the lowest point and sell at the highest every time—that’s self-deception. The purpose of batching is to prevent emotions from taking over and to stay rational.

Regarding stop-losses, many people think they can’t do it. Actually, it’s not a skill issue but a psychological one. Refusing to admit mistakes when you should is a problem—markets aren’t that soft. The longer you hold on, the higher the cost.

There’s also a detail that’s often overlooked—don’t put all your assets into one strategy. Keep some powder dry for swing trading, some for short-term trades, or even do nothing at all. The key is to know in your heart that you have backup plans. When the market comes, you won’t panic; if you get caught, you won’t despair.

Ultimately, whether you can make money depends on luck. But whether you can survive and walk out intact? That depends entirely on your position size. Keep your positions stable, and your mind will stay calm. Many times, whether you go far or not is decided right at the start.