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've seen quite a few people feeling tangled up in this volatile market recently. A question that’s asked quite frequently is—why choose to add positions at high levels? I think it’s worth explaining this properly.
The logic isn’t that complicated: I always follow the trend direction, rather than focusing on specific price points. You’ll find that once a true trend is established, the actual level itself loses significance. During a strong upward move, any position within that range is essentially a bottom; during a strong downward move, everything within the range is a top. No exceptions.
More importantly, the speed at which a trend develops often exceeds expectations. If you miss the chance to get in early and keep waiting for a "lower entry point," it’s basically a lost cause—the market simply won’t wait for you. At this point, some start thinking about shorting at high levels to "pick up bargains." But honestly, that kind of thinking is not far from losing everything.
So stop worrying about what constitutes a high point or a low point. Once the true direction is confirmed, those who try to be clever and chase perfect entry points will ultimately get wiped out in this wave of market movement. This is an experience I’ve truly gained through hard knocks.