Position management is quite crucial, as it is an essential tool for controlling risk and reducing drawdowns. So, how can we effectively manage positions?
First, one must analyze their trading model and see if the current market aligns with the trading conditions within that model. If there are more factors that do not match, then the position must be kept as small as possible. Especially when one cannot understand the market, it indicates that there are no trading opportunities within the model, and at this time, one must choose to stay out of the market and patiently wait for the right opportunity to arise.
If everything aligns with one’s model, then one can muster confidence and take a bold step.
If one has not even established their trading model yet, then it’s better not to talk about position management. Instead, one should explore and refine their skills using capital that does not significantly impact their daily life.
Never be impatient thinking about getting rich overnight; otherwise, gambling everything might lead to total ruin!$DOGE
Nowadays, everyone is discussing altcoin season, but very few teach you how to judge the arrival of altcoin season!
A key indicator is (Bitcoin market share):
Market share is rising: funds flow into Bitcoin, the main coin sucks blood, and altcoins are trapped in a bear market.
Market share is declining: funds are flowing out of Bitcoin or into altcoins, signaling the start of an altcoin bull market.
Historical data validates this rule:
In March 2017, Bitcoin's market share fell from 80% to 30%, ushering in a bull market for altcoins.
In January 2021, the market share dropped from 70% to 40%, and altcoins surged again.
In December 2024, the current market share is 56%, having fallen below the ascending channel.
The last significant drop in market share was in January 2021, after which altcoins strongly emerged. After June 2023, the market share continued to rise until November 2024, when altcoin performance declined. Many investors were trapped, and now the market share has fallen below a key channel, indicating that a new round of altcoin season may be about to begin!$BTC
The current sentiment of retail investors in the crypto market is overly sensitive
A slight rise in prices leads to cheers, while a slight drop brings lamentation
Such an investment mentality makes it difficult to truly make money
Now many people are hesitating whether to enter the market; my advice is to make a decision as soon as possible
There are only two weeks left this month; if you still can't see the direction now, when the real altcoin season arrives, you might completely miss the opportunity.$DOGE
Bitcoin is 75,000, you think the alt season is coming Bitcoin is 80,000, you still think the alt season is coming Bitcoin is 90,000, you continue to wait for the alt season Bitcoin is 100,000, you are still shouting that the alt season is coming Bitcoin is 110,000, the altcoin market is still deserted When Bitcoin breaks through 200,000, it hits another milestone, you still look forward to the arrival of the alt season Bitcoin will be 1 million in the future, but you are asking, why hasn't the alt season come?
Have you been comforting yourself with this idea? $BTC #加密用户突破1800万
Trump's sale of gold and establishment of a BTC reserve seems to be a done deal, an inevitability, with the arrow on the string, ready to act at any moment. This decision is absolutely certain, indisputable, and has been finalized, conforming to the trend of development and difficult to reverse.
Waking up in the morning, I feel a kind of driving force pushing me forward. Originally, I just wanted to change to a Xiaomi SU7, but now I have the confidence to step into a Land Rover 4S store without fear. #BTC再创新高 $BTC
The bull market has just begun It has just begun, it has just begun, and I will say it three times.
At present, the altcoins are in a wait-and-see state because Bitcoin has not yet broken through 120,000. Once this key point is conquered, the mid-term stage of the bull market will officially begin. Please remember that this is only the mid-term. #加密用户突破1800万 $BTC
These bloggers are saying every day based on past bull markets: A waterfall is about to happen, a major correction is about to happen, the bull market is about to end. How many rounds of bull markets have we experienced? Can you really find the patterns? Isn't this a typical case of carving a boat to seek a sword??? $BTC
Bitcoin performs strongly, rising again today to reach a new high. On Tuesday, Bitcoin surged directly to the 107793 level, making further progress toward the 110,000 mark. Currently, after consecutive upward movements, Bitcoin has slightly pulled back, temporarily adjusting around 106000, but the overall bullish trend remains evident. However, caution is needed for the possibility of a pullback after a spike early Wednesday morning, as there have been pullback phenomena after multiple previous rises. The key point for the market this week is early Thursday morning, as the final result of whether the Federal Reserve will cut interest rates will have a significant impact on the market. $BTC
#revox空投 @REVOX You can't afford to play, right? I signed in for more than a month and you actually sentenced me to be a witch🧙♀️ After all, I am also a blogger with nearly 1,000 followers Are you cheating me out of gas fees?
The current market for Ethereum has not yet seen a single-day increase of 30% or 40%, but once it starts, the surge could be very rapid. The process of Bitcoin rising from $60,000 to $100,000 could take only a week, with some days seeing single-day increases of even $10,000. Since Bitcoin whales can drive prices up so dramatically, the upward potential for Ethereum should not be underestimated.
At present, the whales need to accumulate enough low-priced chips first. In the past few months, whales have been more inclined to position themselves in Bitcoin, while recently, the inflow of ETF funds into Ethereum has significantly increased, providing support for future rises. Ethereum rising to $10,000 is just a starting point, but at the key point of doubling from the previous high of $4,800 to the current price, one should be mindful to reduce positions in a timely manner to guard against sudden pullbacks. $ETH
#VANA即将上线币安 The opening price will definitely not be lower than 8 USD It is estimated that it will fluctuate between 13-18 USD in the early stage, and it is recommended to sell it around 18 USD