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
Friends who enter the crypto space with a fixed income, I have to give you a cold shower first: don’t think about getting rich overnight right after entering the market. The first step is to stay alive and steady.
Especially for those with principal under 1000U, you must stop and think about your direction, because this is not a gambling table, but a place where strategy matters for eating; small funds require careful planning.
Last year, I guided a novice who started with just 1800U. His initial trades showed obvious nervousness, afraid that one move would wipe out his savings. I told him, "Follow the discipline, and you can turn things around slowly." In two months, his account grew to 8000U, and after another two months, it shot straight to 32,000U, all without a single liquidation.
This isn’t luck; it’s the power of three strict rules.
**First, diversify your funds to leave an escape route**
800U focused on intraday trading, only watching Bitcoin and Ethereum, ending trades when the price moved 3%-5%; another 800U used for swing trading, holding for 3-5 days once a signal is confirmed, aiming for stable returns; the remaining 800U kept in reserve, untouched even in volatile markets—these are your real turnaround chips.
I’ve seen people put thousands of dollars into a single coin, feeling elated when it rises, panicked when it falls, and within days, they’re back in the red. Truly successful traders always keep some ammunition outside the market.
**Second, follow the trend and avoid choppy markets**
Most of the time, the market swings back and forth. Trading more during these times only racks up fees. Stay calm when there’s no clear signal; act immediately when a signal appears. When you gain 12%, take out half in cash.
**Finally, discipline yourself**
Set a stop-loss at within 2% per trade; exit immediately when hit—no hesitation. If you’ve already gained over 4%, close half your position right away. Never think about averaging down to lower your cost.
You don’t need to hit the market perfectly every time, but these rules must be etched in your mind. Making money, frankly, is about systematically restraining chaotic trading desires—like a seasoned hunter, staying patient. Small funds can accumulate little by little.
Those who survive and profit in the market are always the ones willing to take the first step. Are you ready?