$JELLYJELLY We often encounter this problem when trading: just when it seems to be rising well, it suddenly crashes. Those who chase in with high leverage generally face instant liquidation. Or after your position gets liquidated, the price starts to rise again.

So I posted this morning to remind not to exhaust all bullets at one position. When bullish, enter with a small base position, and every time the price drops by 10 to 20 points, place buy orders to average down the cost. In case of a significant one-sided drop, directly switch to locking mode (open an equal amount of short positions for hedging) and wait until the next day to assess the situation!

The goal of this approach is that when the market is unstable, it's easiest to lose money. By managing your position well and opening positions in stages, you can increase your tolerance for errors! This way, you won't be wiped out in one go at a single position. In the cryptocurrency world, it's not about who makes money quickly, but rather about who lasts longer. Zhuge Liang was very capable, but Sima Yi outlasted him. Once Zhuge Liang was gone, Sima Yi became the top.