My experience trading altcoins on Gate taught me a profound lesson. Once, I positioned myself in a new project based on on-chain data. After buying in, the token price moved sideways for almost a month, and the community gradually became inactive. I resisted the urge to switch projects and patiently waited for progress in the ecosystem. When the project's first partnership was announced, the price instantly surged by 30%. I was ecstatic; according to my plan, I should have taken profits on half my position in batches, but greed made me think, "Let's wait for one more green candle." As a result, the good news was quickly priced in, and the price pulled back. I immediately stuck to my discipline and closed my position above my cost price, securing my profits.
This experience made me realize: in the crypto world, resisting FOMO (fear of missing out) and greed is harder—and more important—than analysis. In lightning-fast market swings, discipline is your only shield.
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#Gate广场新手村第十期
My experience trading altcoins on Gate taught me a profound lesson. Once, I positioned myself in a new project based on on-chain data. After buying in, the token price moved sideways for almost a month, and the community gradually became inactive. I resisted the urge to switch projects and patiently waited for progress in the ecosystem. When the project's first partnership was announced, the price instantly surged by 30%. I was ecstatic; according to my plan, I should have taken profits on half my position in batches, but greed made me think, "Let's wait for one more green candle." As a result, the good news was quickly priced in, and the price pulled back. I immediately stuck to my discipline and closed my position above my cost price, securing my profits.
This experience made me realize: in the crypto world, resisting FOMO (fear of missing out) and greed is harder—and more important—than analysis. In lightning-fast market swings, discipline is your only shield.