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
It takes a long time to realize that the strongest K-line indicator is not on the chart, but in your mindset.
Last winter, I owed 120,000 yuan, and the available credit card cash-out limit was only 97.8 yuan — at that time, I really wanted to give up. 78 days later, there were 860,000 yuan in my account. This is not a feel-good story; it’s a true record of ten years of struggle in the crypto world.
Looking back, the first million took 450 days, with the system overturning 7 times. Back then, I was anxious every day. The second million took 90 days, the third 40 days, and the fourth only 5 days. You will find that 75% of the wealth was accumulated within half a year. This is not luck; it’s because I finally understood what an elder once said: "90% of people in the market are a mob. Whoever can shut down their emotions first becomes a cash machine." — I only understood this after three margin calls.
**About Position Sizing: Don’t gamble your entire wealth**
The most fatal mistake for crypto beginners is going all-in at the start. Now, in any trade, I invest at most 35% of my capital in a single position, keeping the remaining 65% as vital oxygen. This ratio sounds conservative, but it’s this "conservatism" that has kept me alive until today.
Many people go all-in right away, and when a 10% fluctuation hits, they’re out. Those who truly survive in this market know that staying alive is far more important than making quick money. As long as the principal is still there, there’s always another round. Stop-loss should also be strict — my rule is to cut immediately after a 15% drawdown. No illusions, no regrets, no adding to the position.
**About Rhythm: Panic at low levels is a signal to get in**
There’s a repeatedly verified rule in the crypto world: when the price consolidates at a low and makes new lows, it’s often a good opportunity to buy heavily; when it consolidates at a high and pushes higher, it’s time to cash out and walk away.
The market is always counterintuitive. When most people are crying and selling at a loss, real opportunities are right in front of you. But this requires you to first detach your emotions from the trading system — look at the K-line, not at your account.