#我在Gate广场过新年

Happy New Year to everyone, and I’d like to share some of my experiences on Sesame. I’ve been involved in the crypto space for 25 years. Although I haven’t made much money in the past six months, it has been a very exciting chapter in my life.
When I first entered the crypto world, it was mainly to get airdrops for new users. I initially invested around $50, and every day I was aggressively increasing trading volume. Although I didn’t end up receiving the airdrop, I unexpectedly found myself truly stepping into this market. Back then, to boost volume, I was mostly using full leverage on Bitcoin, opening and closing positions in seconds. This led to a long period where my trading style was almost always high leverage, taking quick profits and cutting losses immediately, executing dozens of trades a day. It looked diligent, but my account gradually shrank from around $50 to about $30. It wasn’t until later that I realized frequent trading doesn’t necessarily mean profitability, so I started reducing leverage and waiting for what I called “opportunities.”
The real turning point happened in early 2026.
At that time, I just started trading futures because Xiao He’s push suddenly went viral. I judged that this coin might explode, so I preemptively bought a long position. Unfortunately, I took a small profit and exited early, not expecting it to rally far beyond expectations later on.
When the price peaked and started to fall back, I, based on my previous understanding of altcoins, thought “the wave is over,” and decisively opened a short position. That trade initially had an unrealized profit of up to $80, over 1000%, which was my first real “big profit.”
But problems started from there.
Because of greed, I didn’t take profits but instead added to my position with unrealized gains, placing my stop-loss at the cost basis. As a result, when the market rebounded, all profits were wiped out. That trade made me truly understand for the first time—money that isn’t locked in isn’t really yours.
Afterward, I noticed $RIVER . At that time, the price was only a few dollars, rising from $1. I kept trying to short it, but it kept climbing, and everyone knows it eventually surged to $88. This contrarian trading during that period caused my account to suffer significant losses again.
Around the Chinese New Year, gold market was strong, and I switched to going long on $XAUT . This was actually my closest attempt at success: continuously adding to my position as the trend moved, from $50 up to $520. I started learning to set stop-losses and felt like I was finally finding my rhythm.
However, the market always finds new ways to teach you lessons.
Gold then experienced a historic single-day plunge, triggering my stop-loss, and my funds fell back to around $400.
At this point, I turned my attention back to RIVER. When the price reached $81, the regret of my previous short position completely clouded my rationality. I felt that this coin had no top, so I chased the long, attracted by the hourly -2% funding rate, going all-in.
The familiar story played out again.
I started resisting, adding to my position, fantasizing it would replicate the previous surge. But markets don’t rise just because you expect them to. My account dropped back to around $70-$80.
During my time on Sesame, I experienced over 2000% profit, nearly blew up my account, and besides trading itself, I’ve witnessed my own growth from a beginner to a more rational trader. Watching discussions and recaps from others on the platform has taught me a lot. The platform’s giveaways of peripherals and position experience coupons also allowed me to try different strategies with a lighter mindset, rather than risking real money from the start.
Looking back now, trading feels less like just watching profit and loss numbers and more like a long-term self-cultivation process.
In the new year, I hope to:
Reduce emotional trading,
Be more patient and wait;
Fewer fantasies of getting rich overnight,
More stable growth.
Thanks to Sesame for accompanying me through this year. While paying tuition in the market, I’ve also learned a lot.
May everyone live longer and go further in the new year.