Many newcomers in the crypto world share the same dream—getting rich overnight. But those who truly survive know deep down that there is no such thing as a free lunch; real opportunities come from strict position management and execution.

Last year, I mentored a young guy who had just experienced a big loss, leaving his account with only 3,000 USDT. At that moment, he was almost on the verge of breaking down. I told him one thing: Your capital may seem small, but it’s actually the best testing ground. The key isn’t how much you have, but how you use that money.

In less than two months, this guy turned 3,000 USDT into 100,000 USDT, all withdrawn to his account. It’s not luck or some black technology; frankly, it’s because he followed a strict position management system and executed it.

**Position Management Is the Protector of Crypto Traders**

The cryptocurrency market is highly volatile. Technical analysis is important, but what really determines how long you can survive are often the most basic, boring things—like position management.

I’ve seen many people who are excellent at reading candlestick charts and writing analysis reports. But when it comes to position management, they completely fail. The result? Their accounts are wiped out, with no chance to break even. Position management won’t make you rich overnight, but it can help you survive the bull and bear markets, which already puts you ahead of 90% of traders.

Here are some of the most common ways people die in the crypto space:

**All-in HODL**—betting all chips on one direction. One wrong judgment, and you’re out, with no room for adjustment.

**Holding through losses**—some even borrow money to add to their position, trying to average down to recover. The result? Small losses gradually turn into huge losses, and there’s no way out.

**Lack of clear take-profit and stop-loss plans**—entering without knowing when to exit, lacking risk awareness. Usually, they make a little profit and then become greedy, eventually giving it all back.

I’ve seen too many people fall into these traps. It’s less about their intelligence and more about lacking a systematic methodology.

The core of position management is actually: clear risk awareness + disciplined execution. When you truly integrate these two into your trading, your account growth becomes a relatively controllable process. That’s why I always emphasize that the hardest part of trading crypto isn’t choosing the right coin, but managing your position well.