🎉 Share Your 2025 Year-End Summary & Win $10,000 Sharing Rewards!
Reflect on your year with Gate and share your report on Square for a chance to win $10,000!
👇 How to Join:
1️⃣ Click to check your Year-End Summary: https://www.gate.com/competition/your-year-in-review-2025
2️⃣ After viewing, share it on social media or Gate Square using the "Share" button
3️⃣ Invite friends to like, comment, and share. More interactions, higher chances of winning!
🎁 Generous Prizes:
1️⃣ Daily Lucky Winner: 1 winner per day gets $30 GT, a branded hoodie, and a Gate × Red Bull tumbler
2️⃣ Lucky Share Draw: 10
Are you losing money trading cryptocurrencies to the point of doubting your life? I understand that feeling. Spend a few minutes reading this article, and maybe it will give you some inspiration.
A few years ago, I was a bad example—liquidated, over 800,000 in debt, even had thoughts of jumping off a building. And now? Earning hundreds of thousands a month feels like playing. What's the difference? The right method.
I summarized my pitfalls into a 12-character mantra: Cut losses when wrong, hold tight when right, small losses for big gains. It sounds simple, but this is the secret to survival.
**How to operate specifically?**
First, observe the big trend. Only go long on the 5-day chart and only go short on the lower timeframe. Don’t fight the trend; that way, you’ll die a horrible death.
Second, open a trial position. Find opportunities where the stop loss is only 1 dollar and the potential to multiply your profit tenfold. These opportunities usually appear at the bottom of the trend when the market just starts to move. Even if you’re wrong, you only lose a meal’s worth of money, so no psychological burden.
Third, cut losses quickly. When a key level breaks, run immediately. Don’t fall in love with your position. After cutting losses, the market may come back, and re-entering is a hundred times better than getting liquidated.
After earning from the first wave, what’s next? Wait for a pullback to the support level before adding to your position. Be cautious when adding; don’t be greedy. Move your stop loss up with each addition, leaving only profits running, so you can sleep peacefully.
Don’t panic and run after a 10% gain. The real profit is ahead. Wait for clear signs of a top before exiting all at once.
These 6 rules may seem simple, but 90% of people fail in execution. Losing control of your hands, not watching the market, softening at slight rebounds. If you can overcome this, making money is just a matter of time.
When I finally understood this logic, my account balance shot straight up like a rocket. Those who survive and profit in the market are always the ones brave enough to make the first move.
Are you ready?