Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

#美SEC促进加密资产创新监管框架 Altcoin contracts? Honestly, this stuff is like licking blood off the edge of a knife.



You’ve definitely seen those stories—someone in your WeChat Moments posts their gains, 10x returns overnight. But when you jump in? Sorry, you get chopped in half right away. After getting liquidated so many times I started doubting life, I set a few hard rules for myself. Not some high-level theory, just survival rules paid for in blood and tears.

**First rule: Don’t you dare try to catch the bottom.**

Altcoins have no intrinsic value support; it’s all driven by emotion. You think it’s dropped enough so it should bounce? The market doesn’t care what you think. Now I only do one thing: wait for it to rise, wait for it to break through a key level—like the daily MA60, an obvious resistance line. If it breaks through, it means there’s money paying attention, sentiment is warming up. That’s when I get in. Even if it’s a bit more expensive, the win rate is much higher. Those cheap chips? Usually a trap, just waiting for you to take the bait.

**Second rule, even tougher: Never let a single coin take up more than 2% of my total margin.**

You might think that’s too conservative, right? But altcoin volatility is enough to keep you up at night glued to the screen. Small positions aren’t about making less, they’re about staying alive. This market can throw curveballs anytime—a project suddenly blows up, some news abruptly reverses, and you can’t possibly guard against everything. Use just 2% of your position to test the waters; if you lose, it won’t hurt much, if you win, you can slowly compound. Being afraid of losing money isn’t shameful; being afraid of making less—that’s how you end up losing big.

**Third rule is about timing: If nothing happens in three days, I’m out.**

I don’t get emotionally attached to any altcoin. After opening a position, I give it three days to perform. Doesn’t move in three days? I’m out. Just chopping around without a decisive move? Also out. If the market isn’t giving you returns, it’s telling you there’s something wrong with this trade. The biggest fear in short-term trading isn’t hitting your stop loss, it’s letting a short-term trade turn into a long-term bag, getting trapped so deep you can’t even get your principal back.

My approach is simple: I don’t try to catch the whole move, just the most certain slice.

I’m not chasing 10x legends, just that part of the trend where profits can be cashed out quickly. Others gamble on luck and risk their lives; I survive with math and discipline. You’ll miss some get-rich-quick stories, but you’ll also dodge all the wipeout traps.

In the end, you’ll realize one truth: In the altcoin contract battlefield, the ones who survive the longest are the real winners. $BTC $ETH $BNB
BTC-0.98%
ETH-0.56%
BNB-1.05%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
SleepyArbCatvip
· 15h ago
Wake up, the three-day rule has really saved me several times, it's not just a joke.
View OriginalReply0
rugged_againvip
· 12-03 08:48
Absolutely right, I deeply understand the importance of the 2% position sizing discipline; otherwise, altcoins can really ruin you.
View OriginalReply0
fork_in_the_roadvip
· 12-03 08:38
Yeah, seriously, I really relate to the 2% position rule. I didn't listen before and just went all-in, and now my account is down by half.
View OriginalReply0
SchrodingerAirdropvip
· 12-03 08:29
This guy is speaking really damn harshly, it's a lesson learned the hard way.
View OriginalReply0
nft_widowvip
· 12-03 08:28
2% position with a three-day stop loss—this guy is really afraid of losing! I just go all-in and I'm still doing just fine.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)