People who make big money in the crypto world are often not the ones who bet the most aggressively.

That night three years ago is still vivid in my memory. The phone screen showed $1200, which was all I had left after three consecutive margin calls. Half a year's living expenses vanished chasing so-called concept coins. At that time, I never thought I would have a chance to turn things around. I couldn’t even stomach instant noodles; all I had in my mind was regret.

Back then, I was a typical "all-in" gambler. Not long after entering the crypto space, I was wandering through various communities, listening to rumors. As soon as I heard a coin would "double by the end of the month," I would immediately go all-in without considering the risks. When the market slightly corrected, I watched helplessly as my account shrank. The most desperate moment was when I hit margin calls three times in one day.

I later realized that the most terrifying thing in the market isn’t the decline, but your own emotions. Greed when making money, panic when losing—most investors are chained by this invisible link of emotion.

The turning point came suddenly and simply. I stopped chasing trends, stopped believing in rumors, and even rarely stared at candlestick charts in the middle of the night. Instead, I focused on three words: position control.

Before every trade, I ask myself how much this order accounts for my total funds. Set a stop-loss and never be greedy. Always keep some reserve funds, so when the market reverses, I have bullets to add to my position. One month, two months, three months—my account steadily grew. No quick riches, but no fear of liquidation either.

Last Saturday, when I opened my trading app, my balance showed $21,800.56. No luck, no secret tricks—just strict position management, and I completed the process from despair to turning things around.

In these three years, I’ve seen too many stories in the crypto world. Some become overconfident after huge gains, only to be knocked back to the starting point by a sudden crash. Others chase every rise and sell every dip out of fear of missing out, ultimately dying before dawn. Those who truly survive and live comfortably are always those willing to give up aggressiveness and embrace stability.

Position control may seem boring; there’s no thrill in making ten times the money. But it ensures that in this volatile market, you won’t be knocked out by a single bad decision. Risk management is never about making the most money; it’s about staying in the game.