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
Have you ever wondered why the coins in your account are decreasing, but the price chart itself hasn't made you "lose" money?
I've seen too many people pour heavy funds right after entering the market, their eyes glued to the screen. When the price fluctuates upward, they start imagining doubling their investment; when it dips slightly, their fingers tremble as they consider cutting losses. The entire person is pulled tightly by the price trend chart.
The most heartbreaking part is during consolidation phases—when the coin price swings up and down, and you just stand there watching, feeling increasingly uncertain. Eventually, unable to hold back, you press the sell button. The next day, it rebounds. Unwilling to accept this, you rush back in, only to get caught in a trap this time. After several cycles of this, the price returns to where it started, but your principal has already been scattered across various positions.
This is called "grinding loss," and the root cause isn't the market itself but your mind. There are three main psychological traps at play:
**Operation Addiction**—Frequent trades are just a way to numb uncertainty through action. It looks like trading, but in reality, it's avoiding anxiety.
**Short-sightedness**—Being led by minute-level fluctuations, unable to see the bigger picture, all drowned out by noise.
**Plan Breakdown**—When it’s time to cut losses, your mind is full of fantasies of a rebound; when it’s time to take profits, greed takes over, and ultimately, no plan is executed.
So how to break free? It’s actually simple:
Force yourself to make no more than three trades a day. Write down your stop-loss and take-profit levels before opening a position, and only act when the time comes. If it’s not time yet, put your phone away. During consolidation, just turn off the software—don’t let these fluctuations waste your energy meaninglessly.
Those who can hold onto their money are ultimately those who can stay out of the market and wait patiently. The market is always there, but the ability to resist emotional hijacking is the most scarce.