🚀 Gate Square “Gate Fun Token Challenge” is Live!
Create tokens, engage, and earn — including trading fee rebates, graduation bonuses, and a $1,000 prize pool!
Join Now 👉 https://www.gate.com/campaigns/3145
💡 How to Participate:
1️⃣ Create Tokens: One-click token launch in [Square - Post]. Promote, grow your community, and earn rewards.
2️⃣ Engage: Post, like, comment, and share in token community to earn!
📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
Trading Fee Rebate: The more trades, the more you earn
Token Creator Pool: Up to $50 USDT per user + $5 USDT for the first 50 launche
After six years in the crypto assets market, my account balance has gone from tens of thousands to millions and then dropped to zero, only to climb back from the bottom. To be honest, the biggest realization on this journey is: don't treat this as a game of luck; what matters is your understanding of the market's Depth and your level of self-discipline.
Let's talk about some bloody lessons. Many people like to dabble in everything; today they jump on the NFT hype, and tomorrow they chase after some public chain that's supposed to take off. But in reality? Putting your energy into a specific direction—like DeFi mining or dollar-cost averaging strategies—makes it easier to find the way. Those projects whose underlying logic you don't understand, really don't touch them; when a crash happens, you won't know whether to run or hold on.
Additionally, before opening a position, you must think about your exit strategy. At what price will you sell if it rises? At what point must you cut losses if it drops? If you don't set these in advance, it's basically like running naked. Position management is a matter of life and death; most retail investors face liquidation because their positions are too heavy, and a single pullback can lead to a direct explosion.
Another common problem is that when you see a strong coin rising in your hand, you want to take profits and then go buy those coins that have plummeted. This kind of operation will almost always lead to regret. What you should really do is let the profitable trades continue to run and cut the losing ones.
A final reminder: Don't just focus on the numbers in your account when you make a profit. Regularly convert a portion of your profits into fiat or transfer them to a cold wallet. Don't let the hard-earned money be taken back by the market.