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
Many friends blindly follow Meme coins and end up getting trapped badly. In fact, beginners who want to survive longer need to first understand how risky these types of coins can be.
First of all, never chase gains or sell in panic. High volatility means you can be easily cut if you're not careful. When watching the market, pay attention to trading volume — how price and volume move together during declines is very important. Shrinking trading volume may indicate that downward momentum is weakening, but don’t rely on this signal alone; it’s essential to consider market sentiment as well.
If you already hold a position, it’s recommended to set a stop-loss. Generally, a stop-loss of -5% to -10% is reasonable, but it varies from person to person. The key is to prevent a single mistake from turning into a catastrophic loss.
Another very important point — learn first, then trade. Spend some time mastering basic technical analysis, such as how to interpret moving averages and what trading volume indicates. Use a small amount of capital to get a feel for the market rhythm; this way, the pressure from losses will be less.
Currently, the market trend is weak. My advice is to observe quietly. Wait until clear signs of a trend reversal appear before taking action — it’s much safer than blindly bottom-fishing.