New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
I heard that some started with $3,000, used 100x leverage to trade small amounts, and achieved multiples through just 1% volatility, doubling their capital to reach tens of thousands — it really sounds exciting. But honestly, this is like winning the lottery, and most of the cases you promote are individual stories.
Look at the 2025 data to understand better. The total leveraged closing transactions during the year reached $150 billion. And on just one day in October, $19 billion disappeared from traders. When Bitcoin's price collapsed from $120,000 to below $100,000, many 100x leveraged positions were wiped out immediately. Leveraged stocks like MicroStrategy were even crazier, dropping by 55%. Think about it, hundreds of thousands of traders became zero in a moment during this market. This is not an uncommon event; it’s the law of the market.
Why are leverage and leveraged trading so dangerous? Simply put, with 100x leverage, a slight market fluctuation of 1% can wipe out your entire account. And if you make several wrong calls on the trend, your capital will disappear completely. Some people imagine that compound interest can multiply like a snowball rolling downhill — and that’s a huge mistake. When the market moves against your expectations, your losses also amplify through compound interest. And with continued trading, the rolling snowball becomes a grave for you.
There are many examples of this throughout history. Many "leverage legends" made huge profits during bull markets, but when the bear market arrives, they return to zero, and may even leave debts behind. This is not bad luck; it’s an unavoidable mathematical law.
And what about traders who truly change their fate? I’ve monitored market data and found that the common factor among them is very clear: either use low leverage or avoid leverage altogether. Invest wisely in major currencies, rely on trends, and use time to open larger positions. Data shows that 95% of traders who use high leverage eventually blow up their accounts. The survivors of this disaster? They control the risk of each trade to 1-2% and patiently wait with incredible discipline.
Do you want to get rich quickly? Don’t play with fire. Leveraged trading is not a shortcut; it’s Russian roulette on the highway. Keep progressing steadily, because compound interest may be slow, but it guarantees you’ll see that day. This is the real way for ordinary people to succeed.