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
How to make your first million in the crypto world?
Don't start by aiming for ten million; the first step in the crypto space is to reach 1 million — with this amount, even earning just 20% from spot trading is enough to outperform the average person over a year.
Surviving in this circle for so many years isn't about earning tiny bits daily, but about using the compound interest split into several explosive roll-over strategies: practice with small positions normally, and when the signal appears, unleash the big guns, rolling only in and not out.
What does the signal look like?
1. Long-term sideways movement after a sharp decline, followed by a sudden volume surge and breakout, indicating a trend reversal is confirmed.
2. The daily chart breaks above key moving averages, with volume and price rising together, showing market sentiment is warming.
3. No trending hot searches, retail investors still complaining, while the main players are quietly building positions.
How exactly to operate?
Taking a 50,000 yuan principal as an example:
First, this 50,000 should be profit from previous trades; stop loss to recover losses before discussing roll-over.
Use isolated margin mode, with a maximum total position of 10%, leverage not exceeding 10x, so the actual leverage is 1x, with a 2% stop loss being the safest.
After a breakout, add to your position only after the price rises by 10%, then use 10% of the new profit to open a new position, maintaining a 2% stop loss at all times.
Never go all-in, add more, or fight against the market; when the stop loss is hit, shut down and preserve your bullets for the next opportunity.
A main upward wave of 50%, compounded, can grow to 200,000; catching two rounds is enough to reach 1 million. In fact, just a few cycles—3 or 4 times—turn 50,000 into 100,000, then into 1 million, and eventually 10 million, allowing you to retire.
Finally, remember the risk control mantra:
1️⃣ Don’t roll during sideways, decline, or news-driven coins.
2️⃣ If the principal is lost, only the isolated margin is at risk; other funds are automatically locked, and even a liquidation won't wipe out the entire account.
3️⃣ During roll-over, withdraw 30% of profits, cash out for buying a house or car, and avoid being consumed by greed and human nature.
Ultimately, roll-over is not gambling with your life; it’s waiting for opportunities. When they come, roll; when they don’t, lie low. Better to miss out than to operate recklessly.
Once you successfully turn 50,000 into your first 1 million, you'll naturally understand position sizing, emotions, and cycles. The rest is just copy-paste.
This market is like that—opportunities favor those who are prepared.
If you're feeling lost right now, feel free to like and follow, and let's improve together.