# My Gate Trading Moments

The market is filled with bearish smash-down commentary. Many traders, driven by panic, cut losses and sell. Combining on-chain miner holding data with unusual movements in large spot BTC accumulation addresses, I concluded that this was a benign and deep washout rather than a trend shift into a bear market. I didn’t go all-in at once; instead, on Gate’s spot market, I built a BTC spot position in three tiers using a gradient approach to average in, reserving half of my funds to handle a potential second pullback while holding the safety bottom line for my principal.

At the same time, short-term market hype surged toward Solana-based Meme coins. I took out a small portion of idle capital and entered a light position, capitalizing on the rally as the community’s pooled funds pushed prices higher—then I took profits quickly. I only harvested gains from the middle of the main upward wave and never got greedy chasing the very end of the move, avoiding the risk of Meme coins surging sharply and then crashing just as fast. The profit from this small position happened to cover my daily trading fees. However, when I opened BTC short-term futures in the direction of the trend, I briefly relaxed risk controls and raised leverage. I encountered an overnight spike, which nearly triggered a forced liquidation. After urgently reducing my position to stop the loss, I went back to review the situation in earnest. I realized that in contract trading, emotions are always the biggest enemy. No matter how accurate your market judgment is, without position risk control, you can still end up losing everything.

To smooth out the high-volatility risk of crypto assets, I also allocated a safe-haven long position in gold (XAU) in Gate’s TradFi segment at the same time, pairing it with a long-term core holding in an ETF tracking leading U.S. tech companies to hedge. This helped me build an asset portfolio with both offense and defense. Going forward, BTC steadied and rebounded as expected. My spot positions generated steady profits, and the gold hedge also helped keep overall account returns stable during the market’s choppy period.