🚀 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 being mixed up for so long, I've summarized ten rules for survival. If you can stick to at least five of them, congratulations, you've already left most retail investors behind by several streets.
**Let's talk about protecting the market.** With the market crashing like that, how could a certain coin remain so stable? Don't be foolish; there's definitely someone supporting it from behind. If you hold onto such assets tightly, the chances of benefiting later are quite high.
**Choose the right time frame.** For short-term trading, just focus on the 15-minute K-line and daily line — hold when the price is above the moving average, and if it drops below? Get out immediately. The medium-term is even simpler, just look at the daily chart, those complicated indicators are just tricks.
**Directly swap when encountering dead fish plates.** If a short-term target has not moved for three days after purchase, quickly clear the position and change stocks. Even harsher: if you open a position and incur losses, stop loss the same day if the decline reaches 5%, and never harbor illusions!
After being cut in half from a high position, it has continued to decline for nine consecutive days. This situation often indicates that the selling pressure has nearly been released. The rebound window may be just around the corner, and this could actually be an opportunity to get in.
**Chasing the leader is not shameful.** The one in the sector that rises the most is often the most resilient during downturns. Don't get caught up in the highs and lows of prices; you should chase the leaders and sell on dips, and avoid catching those half-dead knives.
**Bottom fishing? That's a trap.** The coins that are falling are like free fall, there is no bottom at all. If it's time to cut losses, then cut them; going with the trend is the right way. Remember: it's not that the lower the price, the more you should buy, but rather you should act when the timing is right.
Earned some money and think you're a stock god? Wake up. Occasionally making money relies on luck; continuous profit is the real skill. After each position is closed, ask yourself: was this wave due to solid technique or just a blind cat stumbling upon a dead mouse? A systematic trading strategy is stronger than anything else.
**If you don’t understand, stay out of the market.** It’s not embarrassing to leave your account idle; losing money is what’s truly embarrassing. You’re here to preserve and increase your capital, not to gamble with your life. Trading is about win rates and risk-reward ratios, not the frequency of trades.
In the early stage of a new coin launch, hot money influx may drive up the price. However, once the sentiment recedes, projects without fundamental support will collapse faster than anyone else.
The last point - what matters in the crypto world is consensus. The value of a coin is essentially the collective belief of a group of people. Everyone pushes the project together, and in the end, it's all about the redistribution of wealth. This circle over ten years is worth a lifetime outside.
By the way, I've been looking at XNO, WCT, and ZEN recently. Friends who have done some research can chat.