Trading Competitions

[Winscosinally]

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?

it's worth it but unless if you are expert in trading or let say you have more experienced about it.  Because that's the most important in order to win on that competition..  Being lack is very dangerous mate so before planning to jump in it , make sure you are ready to face all the obstacles 'cause you know repenting always happened at the end. So ensured  everything will be fine while you're still planning  before making final decision. 

No you are wrong, in most trading competitions i have seen it doesn't matter if you are good or not at trading, all you have to do is just participate and you will be given out rewards from the pool just for participating, the higher the $$$$ you use in trading competition the higher your reward

[xOdiumNostrumx]

Nah, those trading rewards are mostly being bagged by whales that have a substantial amount of funds to play around with, so shrimps like most of us cannot really compete against them and would just get rekd trying. So yes, its just a marketing strategy for projects and exchanges to get some exposure and hype, but small players in the space cannot profit off of it.

[abel1337]

Nah, those trading rewards are mostly being bagged by whales that have a substantial amount of funds to play around with, so shrimps like most of us cannot really compete against them and would just get rekd trying. So yes, its just a marketing strategy for projects and exchanges to get some exposure and hype, but small players in the space cannot profit off of it.

Competition is normal in trading but if you can't beat them you can do some strategies to earn even if the market is manipulated by the whales. You can possibly surf with the whales when they are hoarding the market. You can really earn without competing with the whales. Many traders are surfing the waves just like others and not going beyond the greediness of other traders.

[setialovers]

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?

I think it's good if we participate in trading competitions. In addition to honing our trading skills and profit, we will also get prizes that are of great value. By entering a trading competition, we will gain experience from using the techniques we have and also improve them if we make a mistake

[andika2018]

Nah, those trading rewards are mostly being bagged by whales that have a substantial amount of funds to play around with, so shrimps like most of us cannot really compete against them and would just get rekd trying. So yes, its just a marketing strategy for projects and exchanges to get some exposure and hype, but small players in the space cannot profit off of it.

With a large capital and also has its own trading team, I think whales will always win prizes in the trading competition. But with a trading competition, we can test our trading skills and correct our shortcomings

[nicster551]

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?

Are you the one conducting trading competition or you will join a trading competition? If you want to conduct a trading competition then it really helps the exchange and certain token gather volume from the traders. If you will join a trading competition make sure that you have the basic knowledge in technical analysis for you to go with the flow of the token.