Position management in plain human terms: Don’t place bets with money that will keep you up at night. If you can’t hold spot, buy and sell in batches and lock your plan in. If you keep getting liquidated on futures, treat leverage as if it doesn’t exist—reduce each single loss to something you barely even feel, and don’t count on “I can ride out this wave.” Lately the argument over privacy coins/mixers and the compliance boundaries has been loud, but it’s the same logic as with position sizing: don’t go heavy on uncertain things—leave room. Staying calm is enough.