In the cryptocurrency world! If you manage your positions well, you'll outperform the vast majority of people! All experts and newcomers, it might be worth taking two minutes to read this, it will be very helpful for you!!!

Next, I will introduce two methods of position management!

1. Left-side position management

1) Do not use all your bullets at once; buy in batches!!

(2) You can divide your funds into several parts. When you are unsure of the bottom, buying in batches is the most suitable method to average the cost price!!!

(3) Bottom-up purchases should be handled flexibly according to changes in the market; do not add to your position too frequently, as that will have a negative effect on averaging the coin price. An initial 20%, 30%, or 50% position is suitable for aggressive investors who are keen on bottom fishing!!!

(4) Start with a relatively small amount of capital, if the coin price does not rise and continues to fall, gradually increase your position, with the increasing proportion of the added position, thus averaging the cost. This method carries relatively low initial risk, the higher the funnel, the more considerable the profit!!

2. Right-side position management

(1) Buy 1: When the 5-day moving average crosses above the 10-day moving average, add 30% to your position.

(2) Buy 2: When the coin price effectively breaks through the lifeline, continue to add 30% to your position when it retraces to the lifeline, ensuring that the total position at the beginning of the upward trend reaches 60%.

(3) Buy 3: When it breaks through the neckline or other important resistance levels, and then retraces and stabilizes, it indicates that the reversal pattern has formed, so add 20% to your position again. The total position should reach 80%, holding coins in anticipation of an upward trend.

(4) Buy 4: When the coin price is above the lifeline and the 5-day moving average and 10-day moving average form a golden cross again, it is a typical signal to step on the gas and accelerate upward. At this time, the remaining 20% of the position should also be purchased in a timely manner to maximize profits!!!

The cryptocurrency market is full of uncertainty and challenges, but it also contains potential opportunities. Investors should fully understand the relevant risks when participating in cryptocurrency investments, remain calm and rational, and respond to market changes with a prudent strategy!!