Easter events on exchanges: your take?

[Cryptohygenic]

Some exchanges are already organizing Easter events, and you can get involved to earn rewards. It’s amazing how some exchange reward pools even include cars. But has anyone won one of these cars? 

Do you enjoy participating in exchange events? If yes, feel free to recommend some; if not, please share your reasons.

Not that I am interested of this festive rewarding events like you said, but I was expecting you would mention the exchanges that are currently participating or sponsoring the projects. Who knows if found legitimate some other persons might find it interesting and a workable tool to participate.
I have as well not participated in any exchange free rewards programs because they would always want to redirect your trading program which might lead to your lost out of chasing free funds.

[palle11]

What I reason and consider about these kind of bonanza or give away during festive period is to make the exchange more popular and of course it is their purpose. My thinking and question are, have we seen any winner from the ones in the past? How can you be sure it will not be manipulated.

We need to be careful not to over trade on our capital just in chase of a car gift or other promises from the bonanza.

A trader who is good at making profit actually don't need the promise because he has money in the market to freely grab if he has the strategy to win trades.

The traders who chase after bonanza are those losing their trade so thinking they could make up from the bonanza. If you are a loser and bad trader, how do you think you can compete?

[Ota.collins]

if i'm being honest, I enjoyed having free market fee compared to these easter.
most of the people here seem to agree that these easter events aren't worth putting attention into, too much manipulation can happen behind the scene that people simply ignore the event because they know they won't get even a penny.

I participated in so many of such events especially in those of Bingx but to be honest, those events aren't for traders who trade $100 or $1000 or even $4000. Those give good returns to those traders who trade at least $10k, $50k, $100k, or even higher amounts.

So it's only for the big hands to throw them around.

Not a surprise for us.

exactly, it exists to attract big players, who initially stay in an already established and big exchange, something like binance and coinbase, some new exchange want to attract those traders and possibly increasing their trading volume because trading volume is the most used metric to determine the reputation of an exchange, even in coinmarketcap they use trading volume to rank the exchange.

the average joe like us just gonna get nothing. though it's not a big deal, after all business is business.

That's very true. It would be good to try it as I am already trading. I haven't seen this Easter event on the exchange you mentioned, but I have seen one on BG and will be trying it out.

[Lilybasil]

Do you enjoy participating in exchange events? If yes, feel free to recommend some; if not, please share your reasons.

I participated in so many of such events especially in those of Bingx but to be honest, those events aren't for traders who trade $100 or $1000 or even $4000. Those give good returns to those traders who trade at least $10k, $50k, $100k, or even higher amounts.

I know that feeling, but if it's this one Op is talking about them I think it's different. Go through this and see for yourself. https://www.bitgetapp.com/events/activities/687d2cc1caaa522c9e73381e3bbe6021?color=black tasks are simple but rewarding.

[yudi09]

During this period, exchanges typically organize events that can be rewarding if you know how to trade or identify promising projects for short-term price movements.

Some exchanges are already organizing Easter events, and you can get involved to earn rewards. It’s amazing how some exchange reward pools even include cars. But has anyone won one of these cars? 

Do you enjoy participating in exchange events? If yes, feel free to recommend some; if not, please share your reasons.

The prize giving event includes getting a car, to me it is considered an event to attract people to participate.

I am not interested at all in such events. There could be something being prepared by them that we do not know what the consequences will be.
It is not that I am not thinking positively or putting forward negative thoughts about the efforts made by such exchanges, but regarding privacy and losing money after getting involved there, it is better not to get involved. Be careful.

[Potato Chips]

I know that feeling, but if it's this one Op is talking about them I think it's different. Go through this and see for yourself. https://www.bitgetapp.com/events/activities/687d2cc1caaa522c9e73381e3bbe6021?color=black tasks are simple but rewarding.

Hold up. All I see are trading volume tasks that ranges from six digits to millions in USD, am I missing something? These are far from the definition of simple task.

In addition, I could tell folks are pretty likely to draw the cash prizes—ranging from 5 to 100 bucks—instead of the teslas of course.

[Cryptohygenic]

During this period, exchanges typically organize events that can be rewarding if you know how to trade or identify promising projects for short-term price movements.

Some exchanges are already organizing Easter events, and you can get involved to earn rewards. It’s amazing how some exchange reward pools even include cars. But has anyone won one of these cars? 

Do you enjoy participating in exchange events? If yes, feel free to recommend some; if not, please share your reasons.

The prize giving event includes getting a car, to me it is considered an event to attract people to participate.

I am not interested at all in such events. There could be something being prepared by them that we do not know what the consequences will be.
It is not that I am not thinking positively or putting forward negative thoughts about the efforts made by such exchanges, but regarding privacy and losing money after getting involved there, it is better not to get involved. Be careful.

That is my take too. And there is no just bound that when you trade on the exchange at the course of winning a free prizes when made profitable trades, there Is no speak about rewarding even those who may loose their funds so, what is the need to taking the risk? Of course a null.
Basically I myself keep sounding it that it is not reliable to believe exchanges with their adverts as it could be a medium of marketing which in the market, everyone wants to succeed and the exchanges are not excluded. It just seems tricky that they just want to attract traders to deal with them or even get to make trading untimely at when not ready.

[Cryptomultiplier]

It’s that time of the market cycle when we experience short bullish momentum just before a significant bearish move. 

During this period, exchanges typically organize events that can be rewarding if you know how to trade or identify promising projects for short-term price movements.

Some exchanges are already organizing Easter events, and you can get involved to earn rewards. It’s amazing how some exchange reward pools even include cars. But has anyone won one of these cars? 

Do you enjoy participating in exchange events? If yes, feel free to recommend some; if not, please share your reasons.

I haven't participated in any such events so far even though I do get notifications or emails from my exchange mostly alerting me if new earning campaigns and new rewards for having completed some task like having up to a certain amount in my wallet and also trading up to a certain volume.
Although I have tried joining one of these events in my exchange being hosted, but I noticed I wasn't having all the necessary knowledge because am not a full time trader nor do I plan to start doing full time trading anytime soon.
All I do is read signals, watch market fluctuations and know exactly the right time to sell or buy, so I can make profit no matter how minimal.

I was also of the thought that joining such exchange events is a sure way to attract those scammers and hackers that hang around in the exchange looking for addresses to mark or tail or to hack by sending dust or rather fake crypto currency to ones account just to have access and hack it.

[gunhell16]

I've never had the desire to participate in exchange events, maybe just now because I saw something that seemed to have potential, the token assets that I saw at this exchange event. Then I will only allocate a small amount, which is not that big a deal to me, the amount that I will use in that event.

But the important thing before we participate is to do a DYOR first so that we can have an idea about that project, because it's really hard to determine the
potential of exchanges in this era, honestly.

[Bushdark]

It’s that time of the market cycle when we experience short bullish momentum just before a significant bearish move. 

During this period, exchanges typically organize events that can be rewarding if you know how to trade or identify promising projects for short-term price movements.

Some exchanges are already organizing Easter events, and you can get involved to earn rewards. It’s amazing how some exchange reward pools even include cars. But has anyone won one of these cars? 

Do you enjoy participating in exchange events? If yes, feel free to recommend some; if not, please share your reasons.

Those that participate in exchange events are those that have that time to be clicking one link or the other to get some task done.
Indk t think I would have that time because even with the ones I've participated on at the paste never yield anything profitable which is why I don't really have that time. Exchange would also want you to participate dropping different ads because at the end of the day, they are the one thanks going to benefit most including the projects they are trying to promote whether it involved staking, trading, investing or whatever, they are the ones that do benefit most.

[yudi09]

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That is my take too. And there is no just bound that when you trade on the exchange at the course of winning a free prizes when made profitable trades, there Is no speak about rewarding even those who may loose their funds so, what is the need to taking the risk? Of course a null.
Basically I myself keep sounding it that it is not reliable to believe exchanges with their adverts as it could be a medium of marketing which in the market, everyone wants to succeed and the exchanges are not excluded. It just seems tricky that they just want to attract traders to deal with them or even get to make trading untimely at when not ready.

Trading is on an exchange that has passed the test with the intention that the credibility of the exchange can be trusted because it has been proven for years. The exchange must also be famous, famous for positive things.
That's it.
Oh yes, the exchange is not a place to store assets or a wallet because the wallet is controlled by us. While the exchange only provides a password or other security for the login process.

[Rgram]

It’s that time of the market cycle when we experience short bullish momentum just before a significant bearish move. 

During this period, exchanges typically organize events that can be rewarding if you know how to trade or identify promising projects for short-term price movements.

Some exchanges are already organizing Easter events, and you can get involved to earn rewards. It’s amazing how some exchange reward pools even include cars. But has anyone won one of these cars? 

Do you enjoy participating in exchange events? If yes, feel free to recommend some; if not, please share your reasons.

Nothing comes free really, they always have an edge, most of the exchange packages are just to pump a specific token and grab liquidity then pull out..

[Swapter.io]

If you’re an active trader and do this on a regular basis, participating in such events won’t hurt — it might even bring some fresh motivation to your trading. The main thing is to make sure these events don’t lead you to change your strategy or cause you to end up with losses instead of profits. 
However, if you're participating solely for the prizes, that's generally a bad idea — you're more likely to end up at a loss than with any meaningful gains.

[|MINER|]

It’s that time of the market cycle when we experience short bullish momentum just before a significant bearish move. 

During this period, exchanges typically organize events that can be rewarding if you know how to trade or identify promising projects for short-term price movements.

Some exchanges are already organizing Easter events, and you can get involved to earn rewards. It’s amazing how some exchange reward pools even include cars. But has anyone won one of these cars? 

Do you enjoy participating in exchange events? If yes, feel free to recommend some; if not, please share your reasons.

Actually, we first need to understand what is the main purpose behind their launching such events. And it is actually common sense that they are organizing such events only for their promotion.
So that we will take our funds to their platform, and if we participate in trading events, may be we will also make them profit through facing the losses.
Actually, I do not like joining such events in the past and have not joined any event this time either. Moreover, I have also doubts about the transparency of giving them cars and giving various jackpot rewards. 

[LogitechMouse]

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Some exchanges are already organizing Easter events, and you can get involved to earn rewards. It’s amazing how some exchange reward pools even include cars. But has anyone won one of these cars? 

Do you enjoy participating in exchange events? If yes, feel free to recommend some; if not, please share your reasons.

Well, it's another marketing stunt of these exchanges to attract more customers, and for some top exchanges, this might work, but there are some that will not. I haven't won anything on any exchanges that I'm using, and that's what not I'm into.

If you're trading just because of these events, don't trade at all. I don't enjoy participating at these events, and I don't think that I will focus on it at all. I'm focusing more on the profits, and the strategy that I'm using, and while it's amazing to win in these trading events, focusing on them will just lead you to more losses... or if you will win, it will not be worth it because in order for you to maximize your chances of winning, you need to have more capital because most of these require huge capital and trading volume in order to be eligible in winning.

[justdimin]

Actually, we first need to understand what is the main purpose behind their launching such events. And it is actually common sense that they are organizing such events only for their promotion.
So that we will take our funds to their platform, and if we participate in trading events, may be we will also make them profit through facing the losses.
Actually, I do not like joining such events in the past and have not joined any event this time either. Moreover, I have also doubts about the transparency of giving them cars and giving various jackpot rewards. 

That is same for almost every marketing move in almost every company. Some shirt company celebrating your easter actually cares about your celebration? Of course not, or any religious day of any religion? Of course not, they only care about one thing and one thing only; money.

So it is the same with exchanges, they do events on whatever day they want to celebrate and because of that they are not really going to consider how this is going to be a big deal at all, it is not going to be something they will care. This is why we are going to not see exchanges stop this, they are just doing marketing to attract more customers and as long as it works, they will keep doing it. This is the way it will move and won't change at all.