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.
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1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
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Key new features and optimizations
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The cigarettes are almost gone, and the remaining 3,000 yuan in my account has become my last chip.
Old Wang from next door, smoking a cigarette, told me this with a bitter smile. He’s been in the crypto circle for over three years, experiencing countless liquidations. Every time, he would get carried away by the market, chasing highs and selling lows, only to be beaten down repeatedly. Until recently, with this 3,000 yuan, he turned it into 75,000 in just 7 weeks, and he never once got liquidated during the entire process.
Even more astonishing, several friends who followed his lead also turned their fortunes around. Some started with 500 yuan and reached 18,000 in 45 days; others entered with 800 yuan and rolled up to 34,000. These people aren’t technical geniuses, but they share one common trait — they finally learned to stop "messing around."
**The biggest scam in the crypto market is not the whales**
I used to think, like most in the crypto world, that the secret to making money was finding that hundredfold coin or precisely timing buy and sell points. Later, I realized this industry has never been about bravado but about brains.
The lessons from liquidations taught me a brutal truth: it’s not about courage, but about whether you can stay calm. Since the market can make you lose, it can also make you profit. The only difference is whether your method is right.
I’ve seen too many people, including myself once, get overly excited at the market charts, chasing rallies and selling dips, bottom-fishing at the middle of the move — it became routine. The most ridiculous part is, many truly believe they can get rich overnight with one good trade. The biggest scam in crypto isn’t the whales, but this obsession with "getting rich overnight." It’s like a drug, making you keep making stupid decisions.
**Two ironclad rules that helped me turn things around in 7 weeks**
My method to turn things around isn’t complicated at all — just two ironclad rules. The hard part is whether you can stick to them.
First: Strict risk control. I’ve calculated the maximum loss for every trade. No matter how tempting the market looks, the stop-loss is the stop-loss. Many say this is too conservative, but I tell you, just surviving in this market is already half the battle won.
Second: Plan your position increases. Not adding just because it feels good, nor greedily adding more, but acting only under preset conditions. The benefit of this approach is that you always know what you’re doing, rather than being driven by emotions.
Sounds simple, right? But very few people actually stick to these two iron rules. Most will give up at some point — chasing after gains when prices rise, trying to buy the dip when they fall, and eventually giving back everything in a correction. The reason I was able to turn things around this time is because I treated these two rules like a religion.