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Meet an experienced veteran who has been navigating the crypto world for many years. He started with 10,000 and eventually built an eight-figure asset portfolio. This is not an isolated case, but his success is definitely not due to luck. During a chat, he once said something I’ve always remembered: "The crypto space is an explosion of information, noise every day, but as long as you can control your emotions, this becomes your cash machine."
This statement sounds simple, but behind it are lessons built with real money. I later realized that surviving fluctuations in projects like $IDEX and $ZKP relies not on secret tricks or being smarter than others, but on whether you can keep your mindset stable. When your mindset is steady and your direction is correct, the market will naturally make way.
He shared several practical insights, which I think are worth noting:
**Don’t panic when entering the market.** Many people start out thinking they can make big money quickly, and that’s a mistake. The crypto world isn’t a 100-meter dash; it’s a long-distance run. First, try with small amounts to feel the market rhythm, and wait until the trend is clear before increasing your position. The more eager you are to make money, the faster you’ll lose it — this is an iron law.
**Don’t be idle during sideways consolidation.** Many dislike periods of flat market movement, thinking there’s no opportunity. In fact, sideways oscillations are the market brewing, and are a good time for observation. A sudden drop after a low-level consolidation? It could be a trap to induce selling. A shakeout after a high-level oscillation? Usually a sign of a trap to induce buying. Knowing where support and resistance levels are helps you find certainty in choppy markets.
**Panic and greed are two extremes.** The hardest parts of human nature to overcome are these two. During sharp rallies, reduce your positions gradually; during sharp drops, look for opportunities. Patience during sideways movement is the real test — acting too frequently is less effective than staying calm. Before others act, stay steady.
**Entry and exit points require contrarian thinking.** Buying on red candles, selling on green candles might seem counterintuitive, but that’s the logic. Be cautious when others are greedy, and look for opportunities when others are fearful. Don’t panic during big dips in the morning, and don’t chase highs during big surges. Operating near emotional turning points is more reliable than blindly following the crowd.
**Survival is the key.** Perhaps the most important — never go all-in, build positions gradually, set strict stop-losses, and take profits in stages. Even in seemingly calm markets, hidden currents are flowing; always leave yourself room to maneuver.
These principles sound simple, but behind each one are lessons learned from losing money. Learn to stay calm, learn to wait — opportunities in the crypto space are never lacking. The real issue is whether you have the discipline to seize them.