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
After spending a few years in the crypto world, you'll realize a harsh reality: lasting longer ≠ earning more.
Many people think they are seasoned players, having gone through several bull and bear cycles, watching charts daily and researching tirelessly. Yet their accounts remain the same—if not worse. This isn't bad luck, nor is it a lack of effort; it's that their direction has been wrong from the very beginning.
I've observed many such individuals, and they share a common flaw:
They can't sit still after making a little money. When the market is rallying, they can't resist chasing in, becoming more aggressive as prices rise; when it's time to take profits, they become indecisive. Once emotions take over, all plans are thrown out the window. During a bear market correction, they panic and cut losses; after cutting, the market rebounds in a few days, and they chase high again.
This back-and-forth cycle wears down their principal before the market's big waves even start.
Opportunities in this market are actually quite common. As long as you can catch a mature trend, you won't make huge profits, but at least you won't lose money. But there's a hard requirement—just two words: stay steady. Keep a calm mindset, maintain your position size. These two basic things are precisely what most people can't do.
Why? Let's look carefully at what these losing traders are doing:
They don't look at the cycle; they only focus on minute-by-minute price movements. Their trades are impulsive, with no prior plan. Their position sizes fluctuate with their emotions—excitedly adding during big gains, panicking and wanting to sell during big drops.
The result? They rush in impulsively when prices rise, panic and cut when prices fall, cycling repeatedly. Even the best market conditions can lead to losses this way.
Why can I gradually become more stable? Honestly, because I figured out a few things early on:
First, only invest with idle funds. This reduces psychological pressure; even with a 50% unrealized loss, I can sleep well and stay rational.
Second, build and close positions in batches. Don't expect to hit the exact bottom or top—that's wishful thinking. Spread out your costs and gradually reduce your holdings; this minimizes mistakes.
Third, making fewer mistakes is more valuable than trying to catch every opportunity. One serious misjudgment can take ten correct trades to recover.
Many people don't lack opportunities—they just can't wait. When the market is calm, they get itchy; when a big trend arrives, they panic and lose their composure. As a result, they can even lose money in a bull market.
The market doesn't reward those who tinker every day. It only rewards those who can stay calm—most of the time staying on the sidelines, only acting decisively when necessary. This isn't laziness; it's a skill. Being able to resist trading is more difficult than frequent trading.
Those who truly make money from the market are often like this: they can endure winter, keep a steady mindset, and avoid messing with their accounts too much. Over time, luck will gradually favor them.