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.
You may lose more money if you join a trading competition because only traders with high trading activity will be able to enter the leaderboard, the more trading volume you have, the higher your position will be, while you want to regain liquidity after losing a lot in memecoin, joining a trading competition will not help your target at all. It is better to trade normally or join an airdrop even though the airdrop is no longer promising, but the risk of losing money is less.