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
I spent a full 11 months battling on the contract side last year, and my account grew from 20,000 to 20 million. This process made me realize that if the right approach is used, the crypto space can indeed become a stable source of income.
Honestly, if you plan to make this your main career, the operational details over the next few years are especially worth pondering. I will share what I have summarized myself, hoping it will be helpful to everyone.
**Position Management — Left-Side Layout**
The most common mistake is pouring all your money in at once. My approach is to build positions gradually. Divide your funds into several parts and gradually deploy them when the market is unclear, which helps spread out costs and keeps risk relatively controllable.
The pace of adding positions is very important. Don’t operate too frequently, as that can prevent lowering the average cost. Adjust flexibly according to market conditions — in the early stages, you might allocate 20%, 30%, or 50%, especially if you are more aggressive.
Another idea is: start with a small initial investment, and as the price continues to fall, gradually add more, increasing the size of each addition. This way, the initial risk is small, and the profit potential in later stages is larger. It’s like a funnel — the wider it gets at the bottom.
**Position Management — Right-Side Follow-up**
The left side is about bottom layout, while the right side is about follow-up after the trend is established.
When the 5-day moving average crosses above the 10-day moving average, add 30% to your position. This indicates the trend is beginning to turn. When the price effectively breaks through a key support level (I call it the life line), and then pulls back, continue adding 30%. This way, the total position reaches 60%, and in the early stage of an upward trend, you’ll generally hold most of it.
If the price breaks through the neckline or other important resistance levels, and then stabilizes after a pullback, it indicates a reversal pattern has formed. Add another 20%, bringing the total position to 80%. After that, just wait for the market to unfold. The final stage is when the price stays above the life line and breaks new highs — then top up the last positions.
The core of this system is: be cautious at the start, follow through decisively once the mechanism is established, and deploy in stages to reduce risk while capturing gains.