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
Feeling your heartbeat accelerate as you watch the K-line fluctuate? Maybe you haven't yet grasped the cruelest rule in the crypto world—survival is victory.
I will never forget my first entry into the crypto space. A friend called out signals in the group chat, and I rushed in without even studying the project's fundamentals. After fully committing all my funds, a single large bearish candle shattered my account, halving my capital instantly. That feeling was like falling from a great height, with an empty chest—I will never forget it.
Now I understand that those who truly last in the market are never the ones chasing the hottest trends the fastest. On the contrary, traders who know when to "take profits" are the ones who laugh last. From repeatedly getting liquidated to gradually achieving stable profits, these four ironclad rules saved my life.
**Tip 1: Don't go all-in; keeping some cash is a life-saving talisman**
The market never follows a script—that's the earliest lesson I learned.
During that period, I was especially superstitious about "once-in-a-lifetime opportunities," thinking that going all-in would make me financially free. Later, upon review, I found that the maximum drawdown of an all-in strategy could reach -54%, with a shockingly low success rate. Those seemingly perfect entry points are often the hunting grounds for bulls.
Now I use the "Layered Positioning Method": allocate part of the funds to buy at the current price, and periodically add to positions when the opportunity arises. This way, I can catch the upward trend's benefits and, during dips, buy the bottom in stages to average down the cost.
In simple terms, there are so many opportunities in the crypto space; it’s never short of them. But your principal surviving until tomorrow is the most luxurious thing.
**Tip 2: Set take-profit and stop-loss; small losses prevent big ones**
The hardest part of stop-loss isn't the technique, but the psychology. Many people watch their floating losses grow and are reluctant to cut losses because "breaking even and then selling" has become an obsession for most trapped traders.
But real data will tell you the answer. Positions that don't cut losses in time often end up turning into catastrophic liquidations.