What are the position management skills in the crypto world? Retweet

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First: Do not operate at full position, always maintain a certain proportion of reserve funds. Operating at full position is like fighting on the battlefield without reserve troops. Especially in unstable market conditions, if the full position operation falls, it will create a passive situation of difficulty in buying and selling. Selling will result in losses, and if not sold, there will be no extra funds to increase the position and dilute the cost. When another market condition comes again, there is no capital available or has already exited with losses. Holding a full position will cause a psychological imbalance due to market fluctuations. The greater probability of operating at full position is to get liquidated rather than the fantasy of getting rich overnight.
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Secondly: buy and sell in batches to reduce risks, dilute costs, and maximize profits. The advantage of buying in batches and selling in batches is that your average price is lower and your profit is higher than others.
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Thirdly, when the market is weak, it is recommended to hold a light position, and the bear market should not exceed half of the position. When the market is strong, it is appropriate to hold a heavy position, and it is suggested to limit the position to 8 levels during bull runs, with the remaining 20% for short-term trading or contingency funds in case of unexpected events.
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Fourth: With the change of the market, corresponding position adjustments should be made, and appropriate positions should be added or reduced. People are dynamic. When the market is strong, I can reduce positions to capture some profits; when the market is weak, I can replenish positions to lower costs. This is about making corresponding adjustments. After adding positions, even a small rebound in price will be close to or exceed the cost. For example, when the trend is clearly downward, positions should be reduced. When the trend begins to stabilize and rise, positions should be increased. When uncertain about the market and unable to understand it, do not hold heavy positions or easily add positions. Add positions when support is seen, and reduce positions when resistance is seen to realize profits.
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Fifth: When the market is in a downturn, you can wait for the opportunity to come in a short short position. At the end of the Bull Market, at the beginning of the Bear Market, or before the bottom stabilizes, you can wait for the opportunity in a short Short Position or a Light Position, but as long as you still want to fight in this market for a long time, do not Short Position for a long time, because if you do not participate for a long time, you will slowly lose the sensitivity to market change judgment, disk sense, etc. Or you can use the shorter market to operate with a small amount of money, summarize experience and skills, and exercise your sense of disk. Shorter market operations can be arranged accordingly at the end of the Bull Market and at the beginning of the Bear Market. This is important.
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Sixth: Position Adjustment: Keep the strong coins, sell the weak ones. No matter if it's a pump or a dump, as long as there's fluctuation, it's a good market. Fluctuation means money-making opportunity. If a coin remains sideways for a long time or has small fluctuations, be flexible in adjusting positions. Don't fall in love with a specific coin, be rational and seize other market opportunities.