Position management, to put it simply, is the homework you must do before entering the market. Too many people stumble in the crypto market because they ultimately don't understand how to place their bets.

I'm no exception. I’ve blown accounts early on and fallen into pits. It was only later that I realized a truth: instead of trying to gamble everything for a quick turnaround, it’s better to learn how to survive steadily.

In March this year, I started a small account with 5000U to test my strategy. Now, the account has grown to nearly 100,000U. I’m not a trading genius; reaching this point is purely because I stick to a bottom line — I’d rather miss a good opportunity than add to my position in the wrong direction.

**Phase One: Divide 5000U into five parts**

The most important thing at the beginning is to stay alive. I split the principal into 5 equal parts, strictly keeping each trade within 1000U. The only tasks at this stage are twofold: set stop-loss and set take-profit. No chasing after orders, no resisting orders, and definitely avoid those small coins you’ve never heard of.

Do you know why? Because 90% of new coins go to zero within a year—that’s a high probability event. But mainstream coins are different — even if BTC and ETH crash hard, they’re unlikely to go to zero. So I only focus on these two. Slow growth? No problem. Longevity is the key.

During that period, I watched the 4-hour K-line every day, waiting for opportunities to appear. When I couldn’t understand the signals, holding cash was fine — the idle money wouldn’t blow up the account anyway.

**Phase Two: When the account reaches 30,000U, start adjusting the pace**

Once I had more money, my strategy also needed an upgrade. I adjusted my single-position size to about a quarter of the total funds, roughly 25%. But there’s a principle I never break: I never chase high when adding to positions; I only build positions in batches when the price pulls back to key support levels.

Before Bitcoin broke out in May, I had already accumulated a base position. When it broke through and retreated, I took the opportunity to add more. The benefit of this approach is that I can steadily ride the safest part of the trend — I won’t chase to the top nor miss the move altogether.