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 in the crypto world go around chasing opportunities, only to find that losing money isn't really because they picked the wrong coins, but because their trading habits are flawed. I’ve summarized the five most common bad trading habits. If you fall into any of these, turning losses into profits will depend on luck.
**First: The "Capital Utilization Expert" Who Always Goes All-In**
Never holds an empty position throughout the 365 days of the year, always using maximum leverage. On the surface, it looks like they have incredible execution, but in reality, they’ve trapped themselves. When real opportunities come, their account is cleaner than their face. Going all-in isn’t smart; it’s having no backup plan. When the market hits a golden trap, you can only stand aside and watch the show.
**Second: The Flea-Style Trader Who Changes Mind Every Three Days**
Fears a pullback when prices rise, worries about further decline when prices fall. If they don’t make a move in three days, they cut their losses; just after selling, the price surges, and new buys get caught in a dip. The essence of short-term trading is to operate small cycles within the larger trend, not chasing rallies or panic selling. Otherwise, you’re forever working for the market makers, paying tuition until bankruptcy.
**Third: The "Itchy Hands" Who Can’t Stand an Empty Position for a Second**
Just after clearing their position, they can’t sit still and must buy again immediately. They ignore the market conditions and their own mindset, just seeking a sense of "being in the game." The only role of such an account is to continuously provide liquidity to the market.
**Fourth: The "Take Small Profits and Run, Hold Tight on Big Losses" Trader**
Their hands start trembling at a 3% gain, but they talk about value investing when losing 20%. No matter how high their win rate, they can’t withstand a single drawdown and end up wiping everything out. Trading isn’t about who can run the fastest; it’s about who can afford to lose, endure, and judge the right direction accurately.
**Fifth: The "Enjoys Falling More" Persona Who Keeps Catching Falling Knives**
The more aggressively they sell down, the more excited they get, treating trend breaks as opportunities to pick up cheap assets. But the big players have already retreated completely, and you’re still catching chips with faith. Remember this: after a breakdown, there’s no such thing as bottom-fishing; it’s all about the bagholders.
Opportunities in the crypto space are not lacking; what’s missing is people who can survive until the next market cycle. Changing these habits is much more effective than learning a hundred candlestick patterns.