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Honestly, I have seen too many people rush into the crypto market with eyes full of the glow of "getting rich overnight." Out of ten people, eight come in with high expectations, and seven end up losing all their principal, while the remaining one is still desperately trying to recover their losses. This is not to scare you, really.
If you enter with the idea that "a gamble can get me out," my advice is just two words: stop. The market's best skill is crushing illusions; only the word "stability" can save you and help you gradually accumulate real wealth.
I'm not a chosen one myself. No insider information, no big investor background. When I started, I only had a few thousand units of crypto assets in my account—an ordinary retail trader. The reason I can now maintain stable growth of my assets is never due to guessing market trends or chasing hot spots, but because of the trading discipline I developed over ten years. This time, I’m sharing my most practical, battle-tested experience—stuff you can directly use. Learning this can help you avoid 90% of the unnecessary detours in this wave of market.
**Lesson One: Position Control—Lock in Risk at the Source**
Most retail traders get trapped by "reckless positioning." Having only 1000 bucks in their account, they go all-in, holding on stubbornly when prices fall, and start to panic when prices rise, treating the market like a casino.
I set a strict rule for myself: use 1000 units of assets for practice, divide it into 5 parts, and only trade 200 units per transaction. The benefit of this approach is that the risk per trade remains within a controllable range, so even if one trade hits a wrong move, you won't lose everything.
There are two actions you must do: First, set take-profit and stop-loss for every trade. Place the stop-loss 2%-3% below the support level to avoid being knocked out by short-term volatility; target the next resistance level for take-profit, and don’t be greedy. Second, resolutely avoid three stupid actions: chasing rallies and selling dips, holding on to losses stubbornly, and going all-in with no backup plan. Missing any one of these pitfalls is enough to cause trouble.