Mastering position management is crucial for steady crypto profits. Here are 8 key skills to develop:

1. Limit losses: Cap single-trade losses at 10% of your capital and exit immediately if reached.

2. Use stop losses: Set stops at 5% or another suitable level to protect funds in volatile markets.

3. Avoid overtrading: Trade moderately, avoiding excessive risk-taking and poor decisions.

4. Secure profits: Set stop positions above entry prices to lock in gains.

5. Exit uncertain trades: Close positions when market trends are unclear to avoid blind holding.

6. Trade in high-volume markets: Active markets offer better liquidity, reducing price slippage.

7. Follow trends, not targets: Adapt to market flow instead of rigid price targets.

8. Exit with valid reasons: Make rational decisions based on market analysis and stop positions, not emotions.

Remember, trading success comes from discipline, strategy, and continuous improvement, not luck.