📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
4 crypto world trivia that no one tells you, understanding them early can save you a lot of detours.
First: The cost of averaging down is not calculated the way you think.
For example: You bought 10 for 10,000, and later it dropped to 5 and you bought 10,000 again. You think the average cost is 7.5? Actually, it's not; it's 6.67. Because you bought more coins at 5, it lowered the average cost. Don't be fooled by the surface numbers; make sure to calculate clearly to avoid panic.
Second, earning only 1% every day will still multiply ten times in a year.
You have 100,000, and if you steadily earn 1% every day and stop, it can turn into 1.32 million after 250 trading days in a year. Sounds like a dream? Just calculate the compound interest yourself to see. The hard part isn’t the calculation, it’s the discipline to take the profit and run.
Thirdly, a success rate of 60% can also earn a lot.
If you operate 100 times, with 60 profitable trades earning 10% each and 40 losing trades losing 10% each, overall you would make a profit, totaling 300%. It sounds simple, but in reality, many people can't even manage to take profits or cut losses and rely solely on luck, eventually losing it all.
Fourth: Turning 10,000 into 100 million is theoretically possible, but don't expect it in reality.
Every time you earn 10%, winning 97 times in a row can turn 10,000 into 1 billion. It sounds good, but almost no one can do it. Why? Two words: greed. Most people want to double their earnings after making a little profit, and in the end, they lose everything.
Summary
Investing in coins is not just about technology and luck, but also about mindset and execution. Steadiness is key; don't fantasize about achieving success overnight. Only by staying in the game can you have the opportunity to see the benefits of a bull market.
The scariest opponent is not the market, but the uncontrolled self
Making the right trades relies on technology, but long-term survival depends on mindset.