New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
Three Ways Bull Market Dies!
The Three Major Loss Traps in the Bull Market The bull market is often accompanied by investors' excessive enthusiasm, but many people eventually end up losing money. Here are three common reasons for losses.
1. Frequent Trading
In a bull run, frequent portfolio turnover is a common reason for losses. Investors are often attracted by short-term gains and constantly switch investment targets. However, this strategy often leads to buying at high points and selling at low points, resulting in both capital and profit losses. Remember, patience and holding often bring more stable returns than frequent portfolio turnover.
2. The temptation of short-term trading
Many investors try to make quick profits through short-term trading, but this strategy often ends in failure. In pursuit of small profits, they may miss out on larger price pumps. In fact, most investors who try to buy low and sell high will end up buying again after the price pump, thus missing out on opportunities. Therefore, avoiding frequent short-term trading and focusing on long-term value investment is a wiser choice.
3. The Risks of Leverage and Contract Trading
Even if you are pessimistic about a project, it is not recommended to use leverage or short. The Cryptocurrency market is unpredictable, and even projects with poor fundamentals may experience a significant pump due to external factors. Similarly, seemingly robust projects may also encounter big dump.