Getting into crypto investing, the first fundamental thing to learn is not which coin to choose for quick profits, but how to manage your existing funds properly. Position management is like troop deployment in warfare—how to arrange your forces to achieve both gains and avoid total loss in one wave.

What is a position? Simply put, it’s the percentage of your total assets that you invest in the market. If you use 30% of your assets to trade coins, your position is 30%; if you put everything in, that’s a 100% position, also called "all-in" or "going all-in."

Before starting operations, you need to understand a few basic concepts. Building a position means making your first purchase of a certain coin, which is like occupying a spot in the market. Having no position means holding all cash, with no coins, which is a wait-and-see stance, waiting for better opportunities.

In reality, there are several common position allocations. Light position means investing only 10%-30% of your funds, like scouts sent out to probe the market—low risk but highly flexible. Heavy position is the opposite, investing over 60% of your funds, putting all your main force in, which amplifies both gains and risks several times. The middle ground is called a half-position, a classic setup of 50% investment and 50% cash on hand, allowing both offense and defense. Full position means putting all your assets in, leaving no cash behind—this move is too risky for beginners to recommend.

After entering the market, you should master these operations. When the market rises, add to your position—that is, reinvest to expand your gains. When profits look good and you want to take some off the table, reduce your position by selling part of your holdings. If the coin price drops, buy again at a lower level—that’s called averaging down, which can dilute your overall cost. Finally, clearing the position means selling everything, which could be to exit and rest or to adjust your strategy.

A straightforward tip for newcomers: always start with a light position, never go all-in on your first try. Even mainstream coins like BTC and ETH, no matter how good the market is, you should leave yourself an exit route. Proper fund management is the key to truly increasing your chances of making money.