For investors who have not established a basic Bitcoin position and wish to increase their long positions, the market often does not provide ideal entry opportunities. Sometimes, one can only watch helplessly as prices continue to rise, struggling to find the right moment to enter.
Due to the absence of decent market pullbacks, the risk-reward ratio for entering midway is not ideal, making it easy to trigger stop-loss orders due to market fluctuations. Therefore, a good position management strategy becomes particularly crucial.
When reaching a phased target, it is unwise to close all positions at once. Instead, one should wait for the market to pull back to a level where it cannot fall further, or gradually increase positions when the price breaks through resistance again. This flexible and cautious position-adding strategy is the most reasonable operational mindset. Through this approach, one can control risks while fully utilizing market fluctuations to increase returns.
