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
Discipline and patience are the most valuable qualities in the crypto market.
Remember the winter of 2018. I was sitting in front of the screen, watching my account drop 80% from its peak. That sense of helplessness is still unforgettable — not just because I lost money, but because I couldn’t understand why it was happening.
When I first entered the market, I started with 800 dollars, stumbling along. Now, the assets I manage have reached eight figures. Over seven years, I’ve stepped on countless pitfalls, and every lesson is written into the curve of my account.
Today, I want to share not a get-rich-quick story, but a set of survival rules validated through market bloodbaths — this logic has helped me not only survive in the volatile crypto ocean but also achieve consistent profits.
**The first lesson in survival: Position Management**
In my early days, I made all the mistakes everyone makes. Going all-in, chasing rallies, selling on dips — the result was sleepless nights and sweaty palms during the day. Later, I realized that position management isn’t about tricks; it’s a craft.
The method I use is very simple — let’s call it the “Five-Share System.” Divide your total funds into five parts, and only use one part at a time for trading. As for stop-loss, strictly set it at 10%. Even if you make a wrong judgment on a single trade, the overall loss is only 2%.
Many people think losing 2% isn’t a big deal. But do the math: even if you’re wrong five times in a row, your total assets only decrease by 10%, leaving room for a comeback. In reality, the probability of five consecutive mistakes is negligible. The secret of this method is — only risking small, controllable losses each time, allowing the profits to run long enough.
When it comes to taking profits, I never rush to close positions. As long as the trend is still there, let it run.