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
Last year I had some gains, using 50,000 yuan to do swing trading and doubling my investment. Honestly, there’s no secret—just sticking to three core principles, which I’ve refined after stepping on many pits.
**First: Focus only on mainstream coins, abandon altcoins.** Simply put, concentrate on swing trading BTC and ETH. Why? Liquidity is there, trends are clear, and there’s no need to guess the intentions of small coin whales. My approach is to wait for key levels to break before chasing, never buy at the bottom, set a 3% stop-loss, and let profits run. I remember the crash in May—I cut losses immediately. It hurt, but I preserved most of my capital. That’s the most effective way to control drawdowns.
**Second: Position control is crucial.** Never risk more than 20% on a single trade. Even if I’m wrong, I won’t blow up my account. Many people get caught because their single-position size is too large, forcing them to cut losses later. I don’t have that problem because I never give myself a chance to crash from the start.
**Third: Only trade markets I understand.** When the market isn’t clear, I trade lightly or just watch. The crypto market runs 24/7, so missing a trade isn’t a big deal. Sometimes doing nothing is also a correct move.
For small funds wanting to catch the wave, the key isn’t daily trading but grabbing a few big trends, controlling each drawdown, and letting compound interest grow slowly. This year, I’ll keep doing the same—finding high-confidence entry points during bull-bear transitions.