🚀 Gate Square “Gate Fun Token Challenge” is Live!
Create tokens, engage, and earn — including trading fee rebates, graduation bonuses, and a $1,000 prize pool!
Join Now 👉 https://www.gate.com/campaigns/3145
💡 How to Participate:
1️⃣ Create Tokens: One-click token launch in [Square - Post]. Promote, grow your community, and earn rewards.
2️⃣ Engage: Post, like, comment, and share in token community to earn!
📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
Trading Fee Rebate: The more trades, the more you earn
Token Creator Pool: Up to $50 USDT per user + $5 USDT for the first 50 launche
The first position for ETH Spot has been entered at 2460 with 30000u. Based on my current total funds of 240000u, this wave has taken one-eighth of the position.
How to add later? I have a plan in mind: for the second batch, I will look at the range of 2200 to 2300, and for the third batch, I will wait until it drops below 2000 to discuss. Each time I add to my Position, I will control the price difference within 300 to 400 dollars, so that the average price pulled down will be cost-effective.
Stop asking me where the bottom is—this market has no bottom at all, and no one can predict it accurately. The most reliable strategy for Spot trading is to build your Position in batches, gradually accumulate, and try to hide at each low point to lower your cost. Only then can you eat more when it rebounds.
Why only touch mainstream? Because there is ecological support, and the risks are relatively controllable. Unlike those altcoins, which are unlikely to recover after a drop; holding onto them doesn’t make sense. Altcoins lack a solid ecological foundation, and the risks are very high, making them unsuitable for heavy positions. For friends who want to play with altcoins, I suggest investing a small amount, treating it like playing contracts—betting small to gain big. Don't expect to get rich off this.
Since you choose to believe in mainstream coins, don't be afraid of their decline. Isn't waiting for Spot just an opportunity to buy the dip in a bear market? You should be more excited as prices drop, because you can buy at lower prices to bring down the average cost, rather than becoming more anxious and wanting to cut losses as prices fall.
Ultimately, to make money in this circle, one must possess four core elements: cognition, faith, mindset, and execution ability. Additionally, understanding capital allocation and position management, and achieving unity of knowledge and action, you will find that making money in the cryptocurrency world is not that difficult. It can really help ordinary people turn their fortunes around; it’s just a matter of the time cycle and how much one earns.
Spot trading is indeed dull, and the profits come slowly, but it's stable. At least you don't have to worry about the risk of liquidation from holding positions, you can sleep when you want and do whatever you need to do. At most, you just have to deal with unrealized losses and continue to add to your position, then patiently hold on until the time cycle completes.