🚗 #GateSquareCommunityChallenge# Round 1 — Who Will Be The First To The Moon?
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After drifting in the crypto world for ten years, I have seen too many tragedies, and the vast majority of losses stem from the same mistake: betting all hope on a single trade. Today, I want to share a set of ultimate principles for surviving in the crypto world with 2000U, each one is a bottom line to protect your survival:
First, learn the art of fund segmentation. Split 2000U into 8 parts, each part being 250U, these are your 8 "lives". Initially, only deposit 1 part of 250U, and store the remaining 1750U in a cold wallet. Many people fail because they don't understand this point — small positions help maintain rationality, while heavy positions lead to chaos; once a mistake is made, there is no chance to recover.
Second, strictly adhere to the principle of leverage control. Leverage must be kept within 10 times; 250U at 10 times leverage corresponds to a trading capacity of 2500U, which can moderately amplify profits while leaving enough buffer space. Remember: if leverage exceeds 10 times, you are a gambler; within 10 times, you are a true trader.
Third, execute the stop-loss iron rule. Set a hard stop-loss line at 25U (which is 10% of the principal). Once touched, you must immediately close the position, do not hesitate, do not fantasize. This is a mathematical problem: losing 10% only requires an 11% gain to break even, while losing 50% requires a 100% gain to turn things around. A stop-loss is never an admission of defeat, but a necessary calculation to preserve your qualification for survival.
Fourth, remember the withdrawal mechanism. When a single investment of 250U profits to 500U (doubles), immediately withdraw the 250U principal and only use the remaining profits to continue trading, thus achieving zero-risk operations. This action is a hard rule and a core dividing line between amateur players and professional ones.
Fifth, adhere to the cooling-off period system. After each stop-loss, take a mandatory break of 2 hours, completely leave the screen to walk, read, or exercise. This is to break the vicious cycle of "revenge trading," reset emotions to zero, and avoid impulsively losing the remaining "life".
The biggest lie in the crypto world is "get rich quick"; truly smart people understand: in this market, surviving longer is a hundred times more important than earning quickly. 2000U is not a gamble that will make you rich overnight, but a ticket that can buy you 8 learning opportunities— as long as your "life" is still there, there is always a chance to turn things around. In a crypto world where 90% of people will lose money, your primary task is not to make money, but to survive first. #BTC#