The market is green again, and as an OG trader I know a lot of platforms could be rolling out various competitions to build liquidity and also reward users. I actually lost a lot to memecoins recently and I'm looking to build up my liquidity via bounties, competitions etc now that the market is a little bit stable hence this thread.
So for those that are familiar, how do you approach a trading competition and is there anyone ongoing that you know? You can send the links below.
If you lost a lot of money to meme coins, go spot trading using the remaining money. Now if you don't have money left, go find a work. So for those that are familiar, how do you approach a trading competition and is there anyone ongoing that you know? You can send the links below.
Don't rely on bounties as well because it isn't worth it. Go find a work and use your salary to trade.I'm familiar with these trading competitions where there will be a bounty pool and you as a trader will get a share of that prize if you do the certain requirements. While this can give you additional capital, it needs lots... and I mean lots of capital in order to get a huge share of the prize pool. If you're trading just because of these competitions, change your approach already because it will not be worth it. You might've spent thousands of dollars already and you will only get hundreds of dollars. It isn't worth it at all.
I believe there are some exchanges that has current trading competition. MEXC has many events where if you trade specific coins, you will get a share of the prize pool. I don't know if Bitget has currently.