Many people's position management issues, to put it simply, are too concentrated bets. Even when favoring a particular coin or asset, you should leave room for market uncertainties—black swans, sudden negative news, or your own misjudgments—all of which can wipe out a full-position order.

We need to shift our mindset from "individual stock rhythm" to "funding system." The core logic is simple: position management is strategic, while timing is tactical. Strategy determines your survival ceiling in the financial markets; no matter how good your tactics, they can't fix strategic flaws.

**This upgraded capital allocation framework is as follows:**

**Level One: Overall Strategic Position**
Decide the proportion of total funds to invest based on the market’s "energy cycle" position. This is the top-level asset allocation design, directly determining your overall combat strength. Adjust your capital input proportion according to the market stage.

**Level Two: Tactical Sub-Positions—Unbeatable Investment Portfolio (this is the key innovation)**
Distribute your total funds across different assets and sectors to prevent a single asset’s collapse from wiping out your entire portfolio. There are three iron rules:

**Iron Rule 1: Single Position Ceiling**
No single coin or asset should exceed 20% of your total liquid funds. Even if you believe it’s the next ten-bagger or a strong sector, stick to this limit. This is the greatest respect for black swans and your own cognitive blind spots.

**Iron Rule 2: Sector/Related Holdings Cap**
Within the same sector or concept (e.g., all AI-related coins or all NFT concept stocks), the total allocation should not exceed 30%-40%. Assets that seem similar actually carry compounded risks, which should be diluted through position sizing to mitigate correlation risk.

This system truly addresses the problem that most people only calculate "whether this asset can rise," but not "how much should I invest." Hope it helps with your capital management.