Many people have been losing money in the crypto space for a year or two, and finally blame the market for not giving opportunities. In fact, nine times out of ten, the problem lies in position management. There's a saying in the community: "Knowing how to buy is beginner level; knowing how to sell is passing; true experts know how to survive long-term." The secret to "surviving long-term" is hidden in position management.

Position management may sound profound, but it boils down to four things: how to allocate trading funds, when to enter in batches, when to exit, and how much cash to keep on hand for risk prevention. It doesn't require mystical prediction abilities; it's purely about disciplined execution.

Let's first look at some common losing strategies in the community. One is going all-in, which gets you stuck when the market fluctuates slightly. Another, even worse, is ignoring low positions and chasing high positions, adding more, only to be knocked back when the market pulls back. Some people sit on the sidelines every day, watching the market, and when they see a good opportunity, they hesitate to enter, missing out on big moves and regretting it. The most extreme is not setting stop-losses, gambling until they get wiped out. These losses, to put it plainly, are not because of wrong market judgment, but because of poor position management.

How can you improve your position management? Here are five practical methods. First, don't invest everything at once; start by using 30% of your capital as a "test order" to feel out the market's temperament. If the direction is correct, gradually add to your position. This way, you can seize opportunities without getting caught too badly. Second, entering and exiting in batches is essential. There's no need to obsess over perfect buy or sell points; being too greedy often leads to pitfalls.

The third point is crucial: always set a stop-loss. Trading without a stop is gambling. Instead of relying on luck, accept small losses to avoid the risk of liquidation. Fourth, divide your funds into several parts: for long-term holding, swing trading, and short-term operations. This makes your strategy clearer and your mindset more stable. The last point concerns leverage: small funds can be used moderately to improve efficiency, but never treat leverage as a tool for turning things around—that's the mindset of a gambler.

Ultimately, short-term price fluctuations depend on the market, but surviving long-term depends on position management. When your position is stable, your mindset is stable; with a stable mindset, you can earn money in the long run. Currently, Bitcoin shows signs of a rebound, which is the perfect time to test your position management skills. Stop losing aimlessly—adjust your approach, and this could be the opportunity to recover losses and increase your position.