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
Watching $LIGHT surge four hundred times from its lows, helplessly seeing others make a fortune while your own long positions just fall apart. This feeling is truly despairing.
Upon reflection, it's not that people without a "crypto trading talent" can't participate in this market, but rather that most people simply don't understand risk control. Looking at those traders who keep getting liquidated, they often fall into the same trap: chasing highs, full positions, no stop-loss.
This wave of $LIGHT is a classic example—huge short-term gains attract followers to chase the high, then a correction comes, and leveraged liquidations happen immediately. The magic of contract trading lies here: making money so fast you feel like you're flying, but losing can happen in seconds.
The most realistic problem is that very few traders survive. The market's volatility and the dual nature of leverage doom most people to experience liquidation in the end. The issue isn't talent; it's whether you truly understand what you're playing with.