Tap to Trade in Gate Square, Win up to 50 GT & Merch!
Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
Click the registration link to join
https://www.gate.com/questionnaire/7401
Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
 to test the waters, and only open $10 contracts at 100x leverage each time. Doubling with a 1% profit, withdraw half of the profit and roll the other half. As long as you get it right 11 times in a row, $10 can turn into $10,000! But 90% of people fail for these reasons: wanting more when they profit and not knowing when to stop, adding to their positions when they lose, and getting slapped in the face by changing directions.
My own rule is: cut losses immediately; if I make 20 consecutive wrong moves, I stop; if I earn 5000 USD, I must withdraw it and definitely not get overconfident. Last year, there was a big market surge, and I started with 500 USD and rolled it to 500,000 in 3 days — but I waited for 4 months without any action before that. This thing is all about seizing the opportunity in one go, while usually playing dead and not getting restless.
Someone asked if they can roll now? Let's take a look at the market: has the big volatility arrived? Is the trend one-sided? Can you resist only eating the fish body and not being greedy for the fish tail? If the answer is "yes" to all, then go for it; if you're still hesitating, it means you haven't been taught enough by the market.
Remember, rolling over is a life-risking game. You either end up with a young model or you have to go work. If you don't have that mindset and discipline, it's better to honestly hoard coins early and not be a sacrifice!