In the crypto world, those who die quickly are not wrong about the market, but are lost because of this one thing.

You've been right before, I've been right before too.
But why do accounts always stay stagnant, or even keep shrinking?

The brutal and simple truth:
It's you who go all-in and get wiped out in meme coins, it's you who miss the bull market and get your legs broken, it's you who are fully invested in a bear market and can't move when deep in a trap.

It's not bad luck; it's your positions that are threatening your life. In this circle, there are no gods of guaranteed victory, only those who survive steadily.
And position management is your only protective charm to navigate through bull and bear markets and stay alive.

Remember these three iron rules, so your principal doesn't die before dawn:
1. Prioritize principal, profit comes second
Always keep single trade losses within 2%-4% of your principal. For example, with a 100,000 USD principal, stop trading if a single loss exceeds 4,000 USD. Preserving your principal gives you a chance to turn things around.

2. Respect volatility, refuse rigid rules
The annualized volatility in crypto is 2-3 times that of the stock market. Your positions should be at least 30% more conservative than stock trading. Using stock market logic to operate is like recklessly charging into stormy seas.

3. Adjust positions according to bull and bear cycles, adapt flexibly
In a bull market, hold 50%-70% positions to profit; in a bear market, reduce to below 30% to hold cash. Mainstream coins, altcoins, and leveraged positions should be planned separately.

Five secret tips for beginners to survive longer:
1. Three-stage position building: divide your principal into three parts—10% for testing the waters, 20% to add as the trend becomes clear, and 20% as emergency funds.

2. Allocate risk proportionally: no more than 25% of your main holdings in BTC/ETH, no more than 5% in a single altcoin, and leverage within 10x should not exceed 10% of your principal.

3. Use stop-loss to reverse engineer your position: set a stop-loss percentage, e.g., 6%, and calculate the maximum loss amount divided by the stop-loss percentage to leave buffer space for stop-loss execution.

4. Adjust according to cycle: in a bear market, try to limit losses with 5%-8% positions; in early bull markets, increase to 50%-70%; in late stages, reduce to 30% cash.

5. Abandon emotional trading: plan ahead with fixed entry points, stop-loss points, and position sizes. Keep single-coin positions under 20%. After three consecutive losses, stop trading and review.

The crypto market is never short of opportunities; what’s lacking is your principal when you see those opportunities.

Surviving is not just a choice; it’s a skill.