Talking about gate! I prefer to call it Sesame 😁

@Gate__Square

Because my first big profit was made on Gate! There’s a lot of sentiment involved.

At that time, the market was hot, and exchanges were launching all kinds of new projects every day. As a newcomer, the thing I liked to do most was watch new coins open for trading, seeing the candlesticks create exaggerated surges within minutes.

Once, a new project launched with unusually active trading.

I didn’t research the project background, didn’t look at the token model, and didn’t know who the team behind it was.

I only saw one thing:

The price kept rising.

So I bought in.

Luckily, after I bought, the price continued to surge.

In just a few minutes, the numbers in my account kept jumping, and that feeling was like suddenly discovering a shortcut to making money.

When I closed the position, the profit even exceeded my half-month salary.

I remember that night I kept checking my account balance.

Not because I made a lot of money, but because for the first time I felt:

The market’s money is so easy to earn.

For a long time afterward, I was influenced by this feeling.

Whenever I saw a coin rapidly rising, I would subconsciously think an opportunity had arrived.

Whenever others discussed hot projects, I would worry about missing the next big surge.

Gradually, I started to treat luck as strength.

To see a chance of occasional profit as if I had mastered the market rules.

Until one later trade.

Same hot project.

Same market enthusiasm.

Same rapid price surge.

I almost went in without hesitation.

But this time, the market didn’t continue to favor me.

After buying, the price started to fall back.

At first, just a small dip.

I told myself it was normal fluctuation.

Then the decline grew larger.

I told myself it would rebound.

Later, it fell to a point that made me uncomfortable.

But I still didn’t sell.

Because I didn’t want to admit I was wrong.

I kept looking for reasons to hold.

Checking news.

Watching the community.

Studying the candlesticks.

Trying to prove my decision was right.

But the market doesn’t change direction because of your expectations.

In the end, when I exited, I not only gave back that profit but also paid a lot of tuition fees.

That day, I started to seriously think about a question:

Am I trading, or just gambling?

Later, I gradually realized that the real danger isn’t loss.

It’s the first time you make easy money.

Because losses make people cautious, but profits earned easily can create illusions.

It can lead you to overestimate your judgment.

Underestimate the risks in the market.

Ignore the role luck plays.

Over the years staying in the market, my trading habits have changed a lot.

I used to focus on which coin was rising the fastest.

Now I focus on whether the risk is controllable.

I used to think about how much to earn.

Now I care more about how much to lose.

Before entering, I used to set a target profit.

Now I plan my exit before entering.

I still follow hot projects and still look for new opportunities on @Gate.

But compared to when I first entered, my biggest change isn’t in analytical skills, but in learning to admit I might be wrong.

There are never shortages of opportunities in the market.

What’s truly scarce is staying clear-headed in the face of opportunities.

That trade didn’t make me a fortune.

But it taught me one thing:

Luck can help you earn your first pot of gold, but only risk awareness can keep you in the market.

Perhaps that’s my most profound Gate trading memory.

#我的Gate交易时刻