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
Another story of watching at the lows and chasing in at the highs.
That day, watching a certain coin surge from the tens of millions level, I thought this time it was going to take off. I chased in with a sizable amount of funds, and the result... well, I got caught in a trap.
What’s even more frustrating? The market timing is so tricky. The related information released on-chain the day before yesterday was average, and last night there was little activity on a certain chain. I thought about switching to another chain this morning to try again. Unexpectedly, I just happened to see a well-known figure share it—perfect timing, location, and people coming together, which turned out to be the highest point for my entry.
Looking back now, those short-term traders really have some skills. They hit the precise points, release information, increase on-chain volume, and create buzz—every step calculated perfectly. By the time retail investors start to enter, they’re already waiting at the high to harvest.
The reason I’m writing this is simple—I got caught in a trap. The lesson this time is that the thrill of chasing a rise often marks the beginning of losses. Not daring to buy at the lows, getting blinded by FOMO at the highs, and the result is funds being trapped. Next time, I need to learn to view the market rhythm more calmly.