📢 Gate Square #Creator Campaign Phase 2# is officially live!
Join the ZKWASM event series, share your insights, and win a share of 4,000 $ZKWASM!
As a pioneer in zk-based public chains, ZKWASM is now being prominently promoted on the Gate platform!
Three major campaigns are launching simultaneously: Launchpool subscription, CandyDrop airdrop, and Alpha exclusive trading — don’t miss out!
🎨 Campaign 1: Post on Gate Square and win content rewards
📅 Time: July 25, 22:00 – July 29, 22:00 (UTC+8)
📌 How to participate:
Post original content (at least 100 words) on Gate Square related to
In the Crypto Assets market, I experienced an unforgettable investment journey. At first, my account rose from 130 units to 800 units, which led me to mistakenly believe that the bull run had arrived and that any investment would be profitable. I began to boldly engage in 20x Margin Trading, immersing myself in the joy of profit growth.
However, the harsh reality of the market soon dealt me a heavy blow. On a fateful night, I impulsively raised my Margin Trading to 30 times and invested half of my funds. In just 30 minutes, 800 units of funds along with the principal vanished into thin air. This painful experience did not awaken me; instead, it ignited my desire to recover quickly.
The next morning, I injected another 120 units of funds, hoping to quickly recover my losses by trading new coins. But the market seemed to be against me, and every trade felt like it was being monitored, constantly triggering stop losses. Those 120 units quickly disappeared. On the third day, I invested another 130 units, but within half a day, I lost 50 units again.
After a series of setbacks, I finally realized the need to change my strategy. I decided to temporarily stop large-scale trading and instead adopt a more cautious approach. I only use a small portion of the remaining funds, such as 1/20 or 1/10, combined with 50 times Margin Trading for trading. I began to focus on the 15-minute chart and pay more attention to timely stop-loss.
This experience made me deeply realize that in the Crypto Assets market, overconfidence and emotional decision-making can lead to catastrophic consequences. Rational analysis, risk management, and emotional control are crucial for survival in this highly volatile market.