📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
As a seasoned player who has been immersed in the Crypto Assets field for ten years and has been a full-time trader for six years, I have a clear understanding of the ups and downs of this market. From long term to short-term, from ultra short-term to swing trading, I have almost tried all trading strategies. My experiences over the years have deeply taught me that to remain undefeated in this ever-changing market is no easy task.
Mastering trading skills requires following the famous 10,000-hour rule. With eight hours of focused study and practice each day, and more than 200 days a year dedicated to review and analysis, it takes about five years to establish a stable profit foundation. However, even so, I still recommend being cautious for ten years and not letting your investment amount exceed your capacity.
There are many legendary figures in the market who have risen from small beginnings to a net worth of over a hundred million, but many of them achieved this through high-leverage contract trading. Unfortunately, under the impact of a bear market, many ended up turning to nothing. These failed cases are often unknown, but they all tell a truth: in the face of major trends, human weaknesses often lead to misjudgments.
In this complex market, some seemingly insignificant knowledge points are actually crucial. For example, many people have misconceptions about cost dilution. Suppose you invest 10,000 U when the coin price is 10 U, and then add another 10,000 U when the coin price drops to 5 U, your average cost is actually 6.67 U, not the simple arithmetic average of 7.5 U. Accurately understanding this is essential for effective position management.
Another often overlooked factor is the power of compound interest. Suppose you have a principal of 100,000 U, and you can steadily earn a return of 1% every trading day. If you can persist for 250 trading days, by the end of the year, your assets could potentially increase to 1,323,200 U. If you can continue for another two years, theoretically your assets could even exceed 10 million. Of course, this situation is based on the assumption of stable returns; the real challenge lies in how to continuously maintain such a return rate.
In this market full of opportunities and risks, it is crucial to maintain a clear mind and a rigorous attitude. Success is not achieved overnight, but requires long-term learning, practice, and self-discipline. For investors aspiring to develop in the Crypto Assets market in the long term, these experiences and insights may provide some valuable references.