Guys, do you think is worth doing them and is it a good time to do one? And what do you think about trading competitions at all?
in my opinion the trading competition carried out by several ICO / IEO projects is very good because this method can attract investors and traders to buy and sell using these coins ... so as to be able to boost sales until it reaches hardcap ... as has been done by the BCNEX project so that their project reaches Hardcap (88%) by holding several competition trading sessions ...
it's not true, they doing trading session caused by bcnex is a new exchange site service and that's a normal thing to see this exchange site tried to promote its own exchange site through create some competititons to attract the traders but it maybe different when it comes to the coin promotion.
Trading will become a short term promotion only and it will be gone after the competition has ended. Bcnex is not a good example to be used as a representation in this case.