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
Let me pour some cold water on you guys: Is the money you lost in the crypto market really just because of poor market trends? Or is it because you couldn't resist the urge to chase gains, couldn't bear to cut losses in time, and kept muttering in your mind "It's about to rebound"? As a seasoned practitioner who once lost so much I wanted to smash my phone, but later turned things around by fighting with myself, I must honestly reveal a harsh truth: The profit and loss game in the crypto market is essentially a battle with your own desires—if you can control greed and fear, you can surpass 80% of the market.
Let me share a dark chapter from my past. During the 2019 bull market, I bought a coin that rose 50%. I initially planned to take profits at 50%, but greed took over, and I insisted on waiting for a double. What happened then? The market reversed, and not only did I not make money, but I also lost 20% when I was forced to cut my position. During that period, I couldn’t sleep every day, feeling worse and worse—the problem wasn’t the market, but my inability to resist greed. Later, I realized that in this market, the scariest thing isn’t price fluctuations, but the luck in your heart.
Below are three practical techniques, directly targeting human weaknesses, and they are not complicated to implement:
The first is called "Stepwise Closing Method." Whenever the held coin appreciates by more than 30%, sell half of your position first to lock in gains. The remaining half, even if it drops later, has already secured a 15% profit, preventing a total loss; if the price continues to rise, the remaining position can still share in the subsequent gains. Although this method may seem to earn less on the surface, it effectively breaks the vicious cycle of "earning money with difficulty only to lose it back." Every time I execute this strategy, I remind myself: small, stable profits are always better than paper unrealized gains.