Six Basic Principles of Position Management:
First: Do not operate with a full position; always maintain a certain proportion of reserve funds:
Second: Buy and sell in batches to reduce risk, average costs, and amplify profits. The advantage of buying in batches when prices drop and selling in batches when prices rise is that your average price is lower than others, resulting in higher returns.
Third: When the market is weak, hold a light position; during a bear market, it's best not to exceed half a position.
Fourth: Adjust positions accordingly as market conditions change; appropriately increase or decrease positions.
Fifth: During sluggish market conditions, it is acceptable to hold a short position* and wait for opportunities to arise.
Sixth: Position swapping: retain strong cryptocurrencies and sell weak ones.
