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
Over the past few years in the crypto world, I went from losing all my initial 8,000U to just a few hundred, and then grew it to a scale of 500,000U. To be honest, this isn’t because I’m particularly smart, but because I’ve developed my own "Pragmatic Trading System."
The core idea is simple: if you’re confident, go all in; if not, withdraw immediately.
When I first entered the market, I was also arrogant. I spent every day analyzing candlestick charts, studying indicators, and examining structures, dreaming of bottoming out at the lowest points and escaping at the peaks, trying to keep up with the pace of the big players. But what was the reality? I placed orders with full confidence, and when the market moved against me, I stubbornly held on, only to be knocked out by the market after several such experiences.
Later, I realized a truth: there are too many smart people in the market. It’s better to admit that I’m not very good. Don’t waste time researching things you don’t understand; just focus on the clearest trend directions. Truly understandable market movements are rare, so concentrate your efforts on one or two highly certain assets, and ignore all the other tempting options.
I set a rule for myself: I will likely make wrong judgments most of the time. So whenever the market proves me wrong, I turn around and leave— for a trader like me, mistakes are common, and the key is not to stubbornly hold on. Occasionally, I might succeed, but I don’t get cocky; I just consider it good luck.
But I have a particularly strict principle: once I win, I must hold on tightly and take every last penny of profit. Opportunities to follow the trend are rare in a year. When I finally catch the right moment, if I take only small profits and exit, how can I make up for all the losses I previously suffered? During a trending phase, greed is essential.
Conversely, if I judge incorrectly, I get out as quickly as possible. Losses aren’t scary in themselves; what’s scary is being unwilling to cut. I have a life to support, and I can’t lose all my capital just because I made a wrong call once. When the market turns, admit the mistake immediately, and never hold onto false hopes.
In the past, I thought I was smart, but I only kept losing; after admitting I was "not good enough," I gradually stabilized my footing. This approach isn’t fancy, but it’s helped me survive in the crypto space until now.
If you’re feeling stuck right now, maybe this "dumb method" is actually the best fit for you.