Hey traders, hope your week is off to a good start! Mine’s been profitable because I'm currently shorting BNB, haha. But that's not why I'm here. I’d love to hear about your experiences participating in trading competitions and get some tips.
What should I look out for, how should I prepare, and what’s the best approach? All suggestions are welcome!
If you are disciplined enough in trading and can make money, why should you join a trading competition? because in my opinion you will experience double pressure, first you have to make money and second you have to try to be on the leaderboards, but if you really want to join then what you have to do is read every trading rule carefully and also prepare capital because this requires large capital, and if the prize is in the form of a new altcoin it is very risky the price can drop quickly so if you succeed in getting a prize it would be better to immediately convert to Bitcoin.