Common questions arise: With just a few thousand yuan, can you really turn it into a million-level amount?

The crypto world has indeed produced legendary stories, but upon closer inspection, winners never rely on bolder bets—they succeed through a genuine understanding of position sizing and risk management.

I know a few guys who turned a few hundred dollars into six figures. They share a common trait: they never go all-in, always prioritize preserving capital, and only then consider taking profits.

Many people get this wrong. They think that position sizing means adding more and more to their positions. In practice, the first step for knowledgeable traders is to clearly distinguish their account funds. Once obvious profits appear, they immediately withdraw the principal or part of the gains, leaving the rest as "risk capital" to continue trading. What's the benefit of this approach? Even if they make a huge mistake in judgment, they only lose the profits, not their principal.

Position sizing never equals reckless leverage. The operational logic is this: once a trend is established, follow with low leverage, gradually add to the position, and raise the stop-loss accordingly. During sideways markets, take profits when the opportunity arises—don't get caught in repeated shakeouts. In extreme downturns, only participate with very light positions during rebounds, and don't daydream about buying at the lowest point.

Why do many traders' careers end prematurely? Ultimately, two things go wrong: greed when making profits, and reluctance to cut losses when losing. A deep drawdown can wipe out all previous gains in one go.

Those who turn small funds into large ones never obsess over the success or failure of each trade. They focus on drawdown control, disciplined execution, and consistent replication.

Market opportunities are always there; the key is to survive until the real opportunity arrives.