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
$DUSK leads the gains, and many follow the trend shouting "If you're not shorting, who are you shorting?" But this kind of rhetoric is a trap for beginners.
To put it simply, shorting seems like a quick way to make money, but in reality, the threshold is frighteningly high. Beginners lack a true understanding of the market and can't tell whether the price increase is driven by genuine demand or just capital speculation. $DUSK may have daily unlocking pressure, but a sudden piece of good news or a big player pulling the market can reverse the trend. Beginners often react too slowly—either stopping out early and being washed out or stubbornly holding and waiting for a reversal, only to see the price not fall at all.
Even more dangerous is leverage. Many beginners have only a superficial understanding of position management, thinking "small profits are enough," but when they use 5x or 10x leverage, a single adverse move can lead to liquidation. This is no scare tactic—during the second wave of Doubi coin, many retail investors following the trend and shorting were wiped out this way.
Another reality is that big players and institutions in the market hold the advantage in information, capital, and technology. They create false signals to lure retail investors into traps, then manipulate the market with a pump. $DUSK's liquidity is already average, making it easier to manipulate. When beginners participate, it's like grabbing food from a tiger’s mouth.
Instead of blindly following the trend, it's better to calm down first. Practice with a demo account, learn about candlestick charts and risk control methods, and truly understand the market logic before putting real money in. There are plenty of opportunities in the crypto market—this one isn't essential.