🚀 Gate Square “Gate Fun Token Challenge” is Live!
Create tokens, engage, and earn — including trading fee rebates, graduation bonuses, and a $1,000 prize pool!
Join Now 👉 https://www.gate.com/campaigns/3145
💡 How to Participate:
1️⃣ Create Tokens: One-click token launch in [Square - Post]. Promote, grow your community, and earn rewards.
2️⃣ Engage: Post, like, comment, and share in token community to earn!
📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
Trading Fee Rebate: The more trades, the more you earn
Token Creator Pool: Up to $50 USDT per user + $5 USDT for the first 50 launche
#Strategy加仓比特币 Eight years ago, in the winter, in a 6-square-meter basement in Beijing, my bank card balance was in double digits. During the day, I worked part-time; late at night, I watched the markets.
Now, the account balance has grown to four digits in ten-thousands.
The pitfalls I’ve encountered along this path can be summarized in four points.
**About Sharp Rises and Falls**
During the 2017 market cycle, a small coin tripled in ten days. I bet all my savings on it. Three days later, it fell nearly 20%, and most of my principal was gone within a week.
Later, I understood: if a short-term increase exceeds 30%, and after a few days of sideways movement, it drops more than 15% on high volume, someone is probably selling off. I avoid such patterns now.
**About High-Level Consolidation**
In 2019, holding several mainstream coins, I saw two months of sideways trading. I added leverage to buy more, then got cut in half.
If consolidation lasts over twenty days, with a turnover rate below 2%, and the price deviates from the moving average by more than 20%, it’s a warning. Now, when the system alerts me to such conditions, I immediately reduce my holdings.
**About Bottom-Fishing Timing**
During the big dip in March 2020, I bottom-fished $LINK and got caught.
The true bottom looks like this: low volume sideways trading, followed by three consecutive days of gentle volume increase with small bullish candles. Last year, $BTC showed this pattern near 25,000; I went all in, sold at 42,000, and made over five million in a single trade.
**About Position Management**
Living is more important than anything.
I only use half my position and never leverage. Last year, I waited until $PEPE surged five times on volume before entering; once the trend broke, I took profits immediately. In the end, I earned twelve times my investment, avoiding the subsequent crash.
This market isn’t about who is smarter; it’s about who can hold on until the end.
Rules will change, but human nature remains the same. Stick to principles, and you can walk a long way.