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.
![Spring Festival merchandise](https://exampl
The first principle of the bull to bear transition is excessive leverage, not unfavourable information.
If you have a long-term vision, you won't act impulsively due to a temporary surge in a copycat project or feel distressed over a temporary drop in value coins.
The rise of a bull market will deplete future annual returns.
The decline in a bear market will increase future annualized returns.
Even if the motivation for chasing after altcoins belongs to greed, human nature will still veil this action with a layer of rational logic.
In fact, the crowd deeply trapped in greed has no rationality at all.
The best way to ensure excess returns is to buy quality assets at prices below historical valuations and wait for mean reversion.
The higher or lower the valuation when buying determines your future returns. #美联储降息25个基点 #BTC战略储备市场影响 #XRP ETF上线 #PI #GT