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
Over the past seven or eight years, assets have suddenly increased by 30 million. It has been a journey full of challenges and experiences. Here are some key takeaways that have been summarized, hoping to inspire everyone:
1. Fund management is the cornerstone of success.
Divide the funds into five portions, and only use one-fifth at a time, while setting strict stop-loss criteria - no single loss should exceed 10%, and the total capital loss should be controlled within 2%. Even if there are five consecutive mistakes, the total loss is only 10%. However, once an opportunity is seized, the profit can easily cover the losses.
2. Go with the flow, don't go against it
Do not bottom-fish hastily when the market is falling, as it is mostly a trap to lure in more bulls. Be patient and wait for clearer signals.
Don't rush to sell during the upward process, as this may be a "gold trap", and it is more secure and reliable to buy low and sell high than to buy at the bottom.
3. Stay away from coins that have short-term explosive gains.
Whether mainstream coins or altcoins, currencies that continue to skyrocket are rare, and most of them will stagnate or even pull back after soaring. Do not bet on the miracle of high-rise skyrocketing with luck.
4. Make good use of technical indicators
MACD is a practical tool: when the DIF line and the DEA line cross above the 0 axis and break through the 0 axis, buying can be considered; conversely, when the death cross moves downward above the 0 axis, reducing the position should be considered.
There is a strategy for adding positions: never add positions when losing money, only add positions appropriately when making profits, otherwise you may dig yourself into a deeper hole.
5. Trading volume is the soul of the coin market
Pay attention to the breakthrough in low-volume trading, which is an important signal for the market. Stick to coins that are on an upward trend, and observe the 3-day, 30-day, 84-day, and 120-day moving averages. A turning point upwards often means that the trend is established.
6. Review and Strategy Adjustment
After each transaction, you need to review it, re-examine the position logic, and flexibly adjust the operation strategy combined with the weekly K-line trend. #打榜优质内容