Don't laugh, I'm the kind of person who can't hold onto spot holdings, keeps wanting to "hold on a bit longer" with contracts, and ends up getting liquidated as a lesson... To put it simply, position management boils down to one thing: don't let any single trade crush your mood for the entire day.

My current clumsy method is: treat spot as saving money, buy and assume it will drop 20%, only consider it a position if I can sleep peacefully; if I want to get stimulated, I take a small chunk to open a contract, losing it all doesn't affect my ability to keep eating—being ridiculously small actually makes it less likely to get emotional. The biggest fear is having no patience with spot, being greedy with contracts, getting hit from both sides.

Recently, the group has been talking about stablecoin regulation, reserve audits, and de-pegging rumors. When the atmosphere gets tense, it's easier to shake and add to positions... When I see this kind of news now, I do one thing first: turn down or turn off leverage, and then we can talk about the rest. I can be late for governance meetings, but I really don't want to be around for liquidation reviews.