Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
#数字资产市场动态 The matters in the crypto world are worth pondering. You see, some people turn tens of thousands into hundreds of times more, while others’ accounts shrink daily—why such a big difference? Simply put, it’s a matter of cognition and discipline. Profitable traders stay grounded and take it step by step; those losing money just follow the herd, chase rallies, sell on dips, and mess around based on feelings.
I once met a veteran in the crypto circle who invested 30,000 and now has assets exceeding 25 million. He said something that left a deep impression on me: "This market is just a gathering of the mob. As long as you manage your emotions, the market becomes a cash machine."$STO It sounds a bit harsh, but it’s the truth.
To survive in the crypto world, it’s not just luck or technical analysis that matters; the key is whether you can control your mindset. When your mindset is right and your strategy is in place, the market will generally make way for you. Here are some practical tips learned from that veteran, shared with everyone:
**Don’t rush in immediately**
Many newcomers want to make big money on their first day, but it’s not like running. Maintaining a steady pace is the long-term way to survive. Don’t go all-in at the first sign of a trend; try small tests first, enter with small amounts to explore, and avoid reckless moves.
**Consolidation is actually an opportunity**
When the market consolidates and oscillates, many people panic. Actually, this is a good time to position yourself. $AXS During low-level sideways movement and repeated new lows, you can build positions gradually; conversely, if it consolidates at high levels and then surges, decisively reduce or sell. Recognize support and resistance levels; making steady profits during oscillations is not a dream.
**Stay calm during market fluctuations**
When prices spike, reduce your holdings; when they plunge, consider entering— but only at the right moments. During consolidation, be patient and watch the market’s moves. Rebounds and pullbacks are the two easiest points to profit from. Grasp these two opportunities, and you’ll generally be on the winning side.
**Distinguish the right timing for buying and selling**
Be cautious when everyone is greedy; be brave when everyone is fearful. There are rules: buy on bearish candles, sell on bullish candles. When there’s a big drop in the morning, go in; when there’s a big rally, it’s time to exit.
**Risk control is the top priority**
There are often hidden currents beneath calm waters. Never go all-in in the crypto market; blindly pouring in is a recipe for disaster. Learn to enter gradually, set stop-losses, and exit timely—always stay calm and keep a clear mind. This is the secret to long-term survival in the crypto space.
These seemingly simple principles are backed by market blood and tears. Learn to wait, learn to stay calm, and the opportunities in the crypto world are always there— it’s all about how you seize them.