Have you seen the last trading competition's wave of coins? BAY, DGRAM, and others have basically gone to zero. With the current market so weak, a reward of over a hundred dollars from a certain exchange is already quite significant.
There's an interesting phenomenon—any coin that enters the trading competition can basically be confirmed not to be a scam coin. These coins tend to follow more predictable patterns, and shorting them can be even safer. Especially in the last few days of the competition, this is often a good time to enter the market. As long as you seize this window, profits are right in front of you.
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ApeEscapeArtist
· 5h ago
The zeroing of the competition coins is really incredible. Still hoping to turn things around with a reward of just a hundred or so bucks.
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MissedAirdropAgain
· 5h ago
Here comes the same old trick to harvest retail investors again. I've seen too many competition coins wiped out to count.
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MoneyBurnerSociety
· 5h ago
Here comes the new narrative of cutting leeks again: competition coins = shorting opportunity. I heard this logic last time when my account was still full.
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LiquidityNinja
· 5h ago
The manipulation tactics are too obvious. I stopped touching these competition coins a long time ago.
As the competition nears the end, it's actually easier to dump the price; reverse operations can be highly profitable.
A hundred-dollar reward? Might as well mine; with the current market conditions, there's no hope.
Exchanges have been playing these tricks for years; who still falls for them?
Shorting competition coins is indeed stable, but you can't make much money.
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PumpBeforeRug
· 5h ago
Competition coins are mostly troublesome; clearing them out is just clearing out. If you ask me, instead of focusing on these, it's better to look for real scam coins.
Have you seen the last trading competition's wave of coins? BAY, DGRAM, and others have basically gone to zero. With the current market so weak, a reward of over a hundred dollars from a certain exchange is already quite significant.
There's an interesting phenomenon—any coin that enters the trading competition can basically be confirmed not to be a scam coin. These coins tend to follow more predictable patterns, and shorting them can be even safer. Especially in the last few days of the competition, this is often a good time to enter the market. As long as you seize this window, profits are right in front of you.