Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Dear crypto friends, after 7 years of trading, I’ve made quite a bit of profit. Today, I’ll share the pitfalls I’ve stepped into and the patterns I’ve understood, hoping to help you stay more clear-headed in this market. Honestly, traders who haven’t made 100,000 USDT in a year probably have a mindset problem, not bad luck.
Let’s start with the core principle—capital size determines strategy. If you have only up to 100,000 USDT, don’t think about frequent trading or diversified holdings. The most deadly thing at this level is greed. Instead of obsessively watching the charts every day, it’s better to catch one major upward wave per year; often, this single move can change your account’s structure. People who hold full positions and trade frequently tend to lose faster because they have no margin for error.
Understanding this is very practical—don’t expect to earn outside your capacity. Want to improve your win rate? A demo account is a good tool; you can try mistakes endlessly and磨心态. But real trading is different; a single loss might mean complete elimination. First, solidify your basics, then use real money.
Good news is often followed by bad news—that’s a bloody lesson. If you don’t sell on good news the same day, a high open the next day often means a sharp decline. Don’t hold onto luck and wait for higher prices; the feeling of being trapped at the top is unpleasant. Better to sell early than to sell late by a second.
In terms of time dimension, be aware of reducing or closing positions a week before holidays. Historical patterns show that holidays often see significant declines, so提前规避 is definitely more prudent. This isn’t cowardice; it’s wisdom in protecting your principal.
For medium- and long-term players, cash is king. Raising prices to sell, dropping prices to buy back—rolling operations often yield better results than holding blindly. Those who hold stubbornly or blindly bottom-fish tend to see slow account growth or even shrinkage.
What to look at for short-term trading? Trading volume and chart patterns. Active coins and assets with big swings are worth trading. Coins that are long-term dead or have sparse trading volume—don’t even bother; it’s a waste of energy and capital.
Fast drops are followed by quick rebounds; slow drops lead to slow rebounds—master this pattern, and you’ll avoid many pitfalls. Many people fail at bottom-fishing because they can’t read the rhythm and operate blindly.
Stop-loss seems simple but is the hardest to do. Protecting your principal is fundamental to survival. When you see losses, you should decisively admit defeat. Those who stubbornly hold through losses often can’t recover from a big drop. Admitting losses can actually give you a chance to turn things around.
Using 15-minute K-line charts combined with the KDJ indicator is quite reliable for short-term buy and sell signals. Beginners shouldn’t guess blindly; following signals greatly improves efficiency.
Finally, the key to technical analysis is quality, not quantity. There are countless ways to make money in crypto, but mastering a few is enough. Trying to do too many things at once leads to poor results and unnecessary trouble.
Markets fluctuate every day; don’t lose your mindset and principles. Protect your principal, stay true to your original intention, and you’ll be able to stand firm in the next cycle.