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
#密码资产动态追踪 Hello everyone, I’m Lin. I entered the crypto world at the age of 29, and it’s been eight years now. Having experienced several market cycles’ ups and downs, by 24-25 years old, my funds finally grew to eight figures.
Now I focus solely on trading and live quite comfortably. I’ve always believed that in this circle, mental discipline can beat ninety-nine percent of technical skills. $BNB
Money in the crypto world comes quickly and goes even faster. Being able to grow from $3,000 to $280,000 isn’t just luck; it’s based on five ironclad rules I’ve summarized—whoever sticks to them can survive and make money.
$XRP contracts can either send you to heaven or push you into hell in an instant. My approach is very extreme: divide $300 into ten parts, each time trading $30 with 100x leverage. If you guess the direction right, a small K-line can double your money; if wrong, admit defeat immediately. It sounds fierce, but as long as you follow these five rules closely, you’ll stand firm in the market.
**Rule 1: Stop-loss without delay**
When you reach your stop-loss point, exit. Don’t hope for a rebound. The market will never wait for your regret. Cutting losses hurts, but the cost of a margin call is even worse.
**Rule 2: Stop after five consecutive losses**
If you hit five consecutive stop-losses, immediately cease trading. Forcing trades during chaotic market conditions is like jumping into a fire pit. Take a break; often, you’ll see things more clearly.
**Rule 3: Withdraw your profits**
Unrealized gains in your account aren’t real money. If you make $3,000, at least take half into your wallet. Only what’s truly in your pocket is yours.
**Rule 4: Only chase trending markets**
100x leverage is a powerful tool in strong trends but becomes a death sentence during consolidations. When you’re unsure of the direction, I prefer to stay flat, waiting patiently. When the trend starts, go all out.
**Rule 5: Control your position size**
Never risk more than 10% of your total funds on a single trade. Trading $30 per position, only risking what you can afford to lose, ensures steady wins. Light positions keep your mind clear and your hands precise.
Remember this: $XRP contract trading isn’t about luck; it’s about execution and discipline. Don’t wait until margin calls to regret your choices. Memorize these five rules, embed them in your mind, and in this long-term battle of the crypto world, only then can you live to see the final victory with a smile.
The market is gathering energy; don’t stumble blindly in the dark alone. If you’re willing, let’s do this together—trade steadily and safely.