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Got less than 2000 bucks in your account? Don't worry, let me share a heartfelt message with you.
Crypto can indeed make money, but it's definitely not about luck. This space is about strategy, discipline, and mindset. The less capital you have, the more you need to be cautious—stay calm like an experienced hunter, take your time, and proceed slowly.
I once mentored a beginner with only 700 dollars. To be honest, at first he was trembling when placing orders, afraid that one mistake would wipe out his entire account. I told him: "No matter how small your account is, follow the rules—time will give you the answer."
How did he do? In four months, his account grew to over 17,000; two months later, it shot up to 26,000. Throughout the process, he never got liquidated once. Someone asked if it was luck? Nonsense—that's solid execution.
I summarized the secret to doubling his money into three rules—I call it the "Life-saving and Wealth-building" iron law.
**Rule 1: Divide your money into three parts and always leave an escape route**
Never put all your chips in one place—that's the deadliest mistake. Here's how to allocate your principal:
- 250 dollars for day trading, focusing only on Bitcoin and Ethereum fluctuations, taking 2-3% profit and then cashing out.
- 220 dollars for swing trading, waiting for confirmed opportunities before acting, holding positions for 2-3 days.
- The remaining 230 dollars stay outside the market; no matter how extreme the行情, don't touch it—that's your capital for turning things around.
Have you seen those who go all-in at once? When prices rise, they get cocky; when they fall, their mindset shatters. They can't go far. Those who truly make money know how to keep some funds outside the market.
**Rule 2: Follow the trend, don't fight the sideways movement**
Most of the time, the market is sideways. Frequent trading just pays fees to the platform. Sit tight without clear signals; when a definite direction appears, act decisively.
When you gain 10%, take half profits—this way, no matter what happens next, you won't lose. True experts operate like this—when idle, they do nothing; when they move, they are confident. During his account doubling phase, I saw him steadily taking profits, never rushing or chasing highs.
**Rule 3: Stick to the rules, control your emotions**
Single trade stop-loss should not exceed 1%. When it hits the target, exit—no luck involved. When profits exceed 2%, cut half of the position and let the rest run. If you lose, accept it—don't add to your position, that's emotional trading controlling you.
You don't need to be right every time about the market, but you must follow your rules every time. Making money, frankly, depends on system constraints that prevent your impulsive hands from messing up.
Remember this—having less capital isn't scary; what's scary is always trying to turn things around with one big move. Starting with 700 bucks and growing to 26,000 isn't luck; it's not feeling, but rules, patience, and discipline.
It used to be like bumping around in the dark, but now you hold a light. The light is always on—are you going to follow it?