There are fewer and fewer good projects that can actually be seen in the market recently. I remember that on weekends before, old coin projects would launch in batches, and there were many opportunities to participate. Now, even the spots for trading competitions are shrinking. From the scale of several thousand in the past, now 2000 spots in trading competitions have become a common configuration.
Some friends haven't seriously participated in trading competitions after the nighttime sessions, thinking that the returns are not worth it. I can understand this idea—now with such severe fee erosion, a fee rate of 0.2% quickly erodes the principal, no matter how much it is. Under these circumstances, to achieve positive returns, the approach needs to be adjusted. Instead of fighting over the meager profits of trading competitions, it's better to focus on valuable coins and look for more practical trading opportunities.
The market is screening participants, and those who can survive at this stage need to think clearly about their strategies.
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SorryRugPulled
· 14h ago
I've seen through it long ago. Playing trading competitions now is just giving away transaction fees for free.
Shrinking quotas are really not a big deal; the real loss is still our principal.
Instead of obsessing over those 2000 lousy spots every day, it's better to research truly promising coins.
It's a perfect statement to filter participants; those who can't survive should leave first.
With such fierce transaction fees, do you still want to make a profit? Wake up, everyone.
Still participating in nighttime competitions? That's really obsession gone too far.
Honestly, the market is just teaching people to change their mindset.
From weekend rushes to now being quiet, the turnaround has been really fast.
There's nothing to do but adjust strategies according to the market.
Transaction fees evaporate quickly, and profits depend on your insight.
Valuable coins are the way out; stop obsessing over those meager competition rewards.
Those who can survive are the ones who think things through.
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StakeOrRegret
· 14h ago
Alright, alright. Instead of being drained by transaction fees in the trading competition, it's better to go all-in on valuable coins.
Honestly, this wave is really the market shaking people out; those who can't hold on have already exited.
Once the fee rate changes, the entire logic shifts. Those still stubbornly sticking to it are a bit too persistent.
It feels like good projects are becoming increasingly hard to find, and this is not just an illusion.
Strategies need to be adjusted, or else you'll just wait to be cut down by the scythe.
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liquidation_surfer
· 14h ago
Talking about fees, it's really hard to bear. Going down to 0.2% feels like cutting into flesh.
Are there still people seriously participating in trading competitions? I gave up long ago.
Instead of competing here, it's better to buy some potential coins at the bottom and wait for a rebound.
Good projects are indeed becoming fewer and fewer; the market is undergoing a shakeout.
With fees plus slippage, there's really not much profit margin left.
The shrinking number of spots shows that popularity is indeed declining.
Still, you need to look for undervalued coins; trading competitions are no longer interesting.
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GateUser-6bc33122
· 14h ago
Trading competitions are really not worth the effort now; the fees just drain everything away.
It's hard to find old coins now, and even projects that manipulate retail investors are becoming scarce.
With such high fees, it's better to trade value coins.
The market is definitely screening people; only those with some brains can survive.
The number of participants in trading competitions has shrunk from thousands to two thousand. What does that indicate?
Instead of wasting time on tiny profits in trading competitions every day, it's better to research truly good coins.
To survive now, having a clear strategy is absolutely essential.
The group that doesn't participate in trading competitions at night is actually quite rational; I’m also considering jumping on the bandwagon.
There are fewer and fewer good projects that can actually be seen in the market recently. I remember that on weekends before, old coin projects would launch in batches, and there were many opportunities to participate. Now, even the spots for trading competitions are shrinking. From the scale of several thousand in the past, now 2000 spots in trading competitions have become a common configuration.
Some friends haven't seriously participated in trading competitions after the nighttime sessions, thinking that the returns are not worth it. I can understand this idea—now with such severe fee erosion, a fee rate of 0.2% quickly erodes the principal, no matter how much it is. Under these circumstances, to achieve positive returns, the approach needs to be adjusted. Instead of fighting over the meager profits of trading competitions, it's better to focus on valuable coins and look for more practical trading opportunities.
The market is screening participants, and those who can survive at this stage need to think clearly about their strategies.