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
Many people only realize after entering the crypto world that making money isn't that easy. One wrong move could wipe out your entire investment. But do you know? Most losses can actually be avoided—the key is whether you're using the right methods.
Today, I want to talk about what those who truly survive in the crypto market know. This isn't some advanced trading theory; it's the most practical survival rule.
**Point 1: Don't go all-in at once. Building positions gradually is the way to go**
Thinking about putting your entire net worth into a coin just because you like it? This mindset is the easiest way to get burned. The market is always full of uncertainties, even mainstream coins can have unexpected volatility. The benefit of entering in stages is that you can acquire positions at different price levels, so a downturn later on won't hit as hard. Simply put, don't put all your eggs in one basket; diversifying risk can actually keep your mindset more stable.
**Point 2: Set your stop-loss levels properly**
How many people have lost big because they couldn't bear to cut losses early? Stop-loss isn't about admitting defeat; it's a way to protect yourself. Predefine your acceptable loss points, and once reached, exit decisively. Delaying only causes your account to bleed further, possibly leaving you without the capital to bounce back.
**Point 3: Don't follow the herd; do your homework**
Who hasn't been fooled by rumors like "this coin is about to take off"? No matter how lively the community voices are, they don't matter because by the time you jump in, it's often already at a high point. Genuine investment decisions should be based on understanding the project itself—what problem it solves, the team behind it, whether the technical roadmap is clear. Clarify these before entering, so you can have confidence in your decision.
**Point 4: Emotions are your biggest enemy**
Getting excited and chasing highs when prices rise, or panicking and selling in a dip—people like this will never escape the cycle of "buy high, sell low." Staying calm is a must for traders. Short-term volatility can't change the long-term trend, so don't let daily candlestick colors influence your decisions.
**Point 5: Don't trade blindly if you can't see clearly**
Sometimes, the smartest move is not to trade at all. When market signals are chaotic and there's no clear direction, waiting often beats acting. Many people can't sit still and end up trading frequently, but each trade becomes an opportunity for loss. Wait until the trend is truly clear before jumping in; your success rate will be much higher.
**Point 6: Use spare money to play, not your living expenses**
This might be the most important point. The crypto market is high risk. If you're using your living expenses or emergency funds to trade, you can't afford to lose. When losses happen, your mindset will collapse, leading to irrational decisions. Conversely, investing with truly spare money helps you stay calm and rational, making it easier to make correct decisions.
Honestly, those who follow these principles won't lose much. Because these aren't complicated theories—they're common sense—risk management common sense. The market teaches these lessons every day; whether you learn them depends on whether you're willing to.