🔥 Gate Square Event: #PostToWinNIGHT 🔥
Post anything related to NIGHT to join!
Market outlook, project thoughts, research takeaways, user experience — all count.
📅 Event Duration: Dec 10 08:00 - Dec 21 16:00 UTC
📌 How to Participate
1️⃣ Post on Gate Square (text, analysis, opinions, or image posts are all valid)
2️⃣ Add the hashtag #PostToWinNIGHT or #发帖赢代币NIGHT
🏆 Rewards (Total: 1,000 NIGHT)
🥇 Top 1: 200 NIGHT
🥈 Top 4: 100 NIGHT each
🥉 Top 10: 40 NIGHT each
📄 Notes
Content must be original (no plagiarism or repetitive spam)
Winners must complete Gate Square identity verification
Gat
A couple of days ago, someone DMed me again asking: Is contract compounding the fastest way to get rich in crypto?
Let me be straight—it can indeed make your account balance skyrocket, but it can also leave you waking up with nothing but your underwear.
It's not some technical approach; at its core, it's just betting your life against the market.
Ironically, this kind of extreme play is the easiest way to lose your rationality.
I've seen many cases over the years:
Someone started with just $800 and managed to push it to over $70,000 in two weeks;
Others had accounts reach hundreds of thousands, only to lose everything in a single drawdown.
That's how extreme compounding is.
It boils down to three core elements: high leverage + reinvesting profits + riding the trend to the end.
When I first tried it, I only dared to test with just over $200. Each position was only a dozen dollars. If I got the direction right, I'd reinvest the profits, cash out half and keep the rest rolling. As long as you make no consecutive mistakes, your capital really does snowball.
But why do 99% of people fail at this?
Because it's not a technical problem at all—it's a test of human nature and discipline.
Most people lose out in these scenarios:
- Make money but can't stop, thinking they've found the secret to wealth
- Refuse to admit loss, double down when losing, eventually get liquidated
- Keep switching directions, getting slapped by the market repeatedly
The reason I survived is because I stick to a few iron rules:
If there's no clear trend—I never enter a position.
If my mindset is off—I stop immediately.
If I make consecutive wrong calls—I exit and cool off.
If my account surges—I withdraw and lock in profits.
During that earlier bull run, I did roll a few thousand dollars into several hundred thousand. But you only see that part; you didn't see how I stayed on the sidelines for months beforehand.
Compounding isn't something you do every day; you only wait for that one clear opportunity and strike hard.
Now, a lot of people ask me: Can you still compound now?
Ask yourself three questions first:
Is the market volatile enough?
Is the trend direction clear enough?
Can you control your impulses?
If you can't do even one of these—don't touch it. Compounding will have you questioning your entire existence.
Compounding is never a money-making skill; it's a gambler's mode. Every second, you're dancing on the edge of a knife.
If you don't have the mindset, the discipline, the patience—just stick to spot trading. It's the safest bet.
Because compounding can make you rich overnight, or wipe you out just as fast. Think it through—can you handle those consequences?