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
Ten years as a rookie in the crypto world, I’ve seen too many stories—some people turn their lives around overnight, while others disappear without a trace. Today I don’t want to serve up motivational clichés, just some hard truths: there’s no foolproof rule to succeed in the crypto space, but there is indeed a set of "zero-cost survival rules."
**All the beliefs I held back then were wrong**
When I first entered this circle, I was like most people—obsessed with technical analysis. Bollinger Bands, MACD, volume-price relationships—these indicators were seen as the keys to financial freedom. Staying up late watching the charts, making a series of trades, and ending up so broke I couldn’t even pay rent.
It wasn’t until later that I realized that the profit screenshots posted by industry giants and the luxury homes flaunted by some influencers are part of the same routine. What you see is carefully curated. Those communities promoting "insider information"? Mostly just waiting to siphon your IQ tax.
What’s truly heartbreaking is: 90% of the "signal providers" in the market are actually carefully packaged scam groups. Their income doesn’t come from profit sharing, but from every principal you get cut off.
**Now, I only do one thing**
Someone asked me how to turn losses into profits, and the answer is simple—quit trading crypto.
Joining communities isn’t to copy signals, but to grab red envelopes. When others call out trades, you clap; when they show profits, you cheer; a simple "big boss is awesome" can earn you a red envelope. The math is clear: zero-cost monetization.
The most important rule is: never be driven by FOMO. No matter how loud the hype in the group, as long as you don’t place an order, the market makers can’t take your money. Frankly, your principal is the most valuable.
Now I spend a lot of time learning "how to avoid scams." Understanding which platforms might run away, the hidden risks in contract trading, which coins are obviously air projects—this defensive system is far more useful than three years of technical analysis.
**The invincible law of the crypto world**
You may not make money, but you must never lose money recklessly.
Stop-loss is your lifeline. I’ve seen too many people cling to hope, chasing every rise. Losing 10% is acceptable, but losing 90% isn’t just losing money—it’s losing the chance to turn things around.
Another common trap: obsession with "hundredfold coins." If someone could reliably earn 100x returns, why bother pulling you into the game? Is it charity? Think carefully—this logic falls apart.
My current advice is simple: instead of spending time analyzing charts and indicators, learn to recognize people. In this circle, risk management skills are far more valuable than prediction skills. It may seem boring, but this is the consensus among those who last the longest.
That’s all the truth I have. Opportunities to make money are always there, but only if you’re still alive in this game.