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
Itchy hands are easy to suffer losses; this is the most profound lesson I’ve learned from over ten years of navigating this market.
The friends around me who consistently make money never boast about overnight riches. I know an older brother who entered the market with 100,000 yuan and now has assets exceeding 40 million. Once at a dinner, he candidly said: "Most people in the crypto world rely on emotional gambling; the ones who really make money are those who stay calm."
In contrast, those who get wiped out and exit often can’t sit still when looking at charts and end up trading frequently. The wrong turns I’ve taken were actually saved by these "stupid methods"—they may seem dumb, but they really work.
**Tip 1: Don’t be greedy for the last copper coin**
The most common mistake among beginners is obsessing over tiny profits. I used to do the same—selling after a 5% rise, only to miss out on the subsequent 300% rally. Later, I learned to be "smart": holding on tightly when prices go up, but when the market adjusts, all profits vanish and the principal is at risk.
This "small profit, big loss" trap is the real reason 99% of people can’t achieve stable profits.
The solution is simple: set stop-loss and take-profit levels in advance. For example, at key resistance levels, withdraw the principal first and let the profits run. When the principal is safe, the gains won’t be missed.
**Tip 2: Only trade mainstream coins that "drop to support," avoid gambling on new coins**
Every day, new concepts emerge in the crypto world. But upon closer inspection, 99% of new coins are just there to scam retail investors. Instead of chasing risky new coins, wait until mainstream coins drop significantly—at that point, the risk is actually more controllable.