Can’t hold spot, get liquidated on futures—at the end of the day, it just means you didn’t manage your position properly. I used to be like that too. When chasing small-cap shitcoins, I always felt like, “If I don’t get on this train, I’ll lose,” and then once I did, I got trapped. The moment I cut my loss, it would skyrocket.

Later I figured it out. Position management, in plain human language, is just one sentence: **Buy how much, hold for how long, and exit how fast.** Don’t mess around with all that fancy stuff.

Recently I’ve been seeing people talk up AI Agents and automated trading. There’s a lot of noise—on-chain interactions, automated order placement—but honestly, when I look at the security audits of those protocols, there aren’t many that seem reliable. Anyway, I’m not going to throw in big positions. Even lining up in the queue makes me worry about contract vulnerabilities, let alone all those rug-pull risks.

I have just one rule now: don’t chase, and don’t overleverage. Before placing any trade, I ask myself first: can this price withstand a 30% drawdown? If it can’t, reduce the position—don’t stubbornly hold on. After all, the money is yours. When you lose, nobody’s going to feel sorry for you.