Everyone still just set stop-losses and hold on. Don't hold large positions without stop-losses. Recently, due to low liquidity, the market is very prone to sudden volume surges and extreme small-range movements. Although the space isn't large, not using stop-losses can be very damaging.

Two methods: position splitting entry to improve fault tolerance, but you need to lower your profit rate, meaning on normal days, opening 100 dollars with 100x leverage, split into two positions near support and resistance levels in a 3/7 ratio.
Stop-loss should normally be placed about 10-15 points behind the last entry point.
Don't think about taking profits and fear getting hit.
Use fixed position size, fixed stop-loss, fixed risk-reward ratio.
Bet on probability.
Do not suddenly increase position size or add to positions arbitrarily.
Be patient and wait for the market to stabilize.
Then re-enter. Recently, everyone has also found that not using stop-losses and just topping up can definitely get out and even make money!
That's the main force feeding fish, waiting for you to develop the habit, and then they take you out in one wave.
When it soared from around 85k to 130k last August, it was in a long sideways range, sweeping up and down.
Not using stop-losses, you could eat it all.
A big surge took Bitcoin 20k points higher, Ethereum gained 700 points, and everything else died.
At this level, look at 70k to go up to 90k.
Few can withstand that.
As long as the risk-reward ratio is fixed and the win rate is above 50%, you can achieve stable profits, just slowly.
Alright, keep going.
Recently, some excellent class representatives reported good news, sticking to the strategy of going long.
They ate big gains.
Everyone should also seriously experience this.