Altcoins Talks - Cryptocurrency Forum
Learning & News => For Beginners => Basic Questions about Cryptos => Topic started by: CryptoBun on December 26, 2024, 11:26:34 AM
-
The crypto industry never ceases to amaze me. Launchpools and giveaway events are often exclusively organized for traders. You can imagine how skeptical I felt when my friend told me about a Christmas trading bot bonanza through which traders get to win 10,800 USDT in trading bonuses, also depending on how much you trade during this Christmas season, top-ranking traders get to win massive airdrops rewards. On top of that, trial funds for BTC trading bots is included.
I kept being skeptical about it because I have not participated in any of these before. I would like to know if anyone has participated in bonanzas before. Do you think I should go ahead with it ?
-
I kept being skeptical about it because I have not participated in any of these before. I would like to know if anyone has participated in bonanzas before. Do you think I should go ahead with it ?
There are usually a lot of well-packaged scams during the festive seasons because the scammers are usually aware that people are in search of money just as they themselves are in search of money to sort out the bills that come with this period. You need to be careful about the Christmas bonanza or reward that you are chasing because there is also a chance that no matter how well packaged and good-looking it looks, it could also be a scam, which could earn you regrets.
-
I kept being skeptical about it because I have not participated in any of these before. I would like to know if anyone has participated in bonanzas before. Do you think I should go ahead with it ?
A 100% NO.
I never believed in trading bots that make money for you. If these bots could make money, the bot makers did not have to make it public. Instead, they could earn money for themself. I don't know which platform are you talking about. I have never heard about this bonanza thing. I know some casino slot games that come with similar names. But you seem to talk about trading here.
If any platform offers something like that, you should understand there will be thousands of participants and you have to trade worth of million dollars. Now, you have to understand this is not easy money. First, I don't know which platform are you talking about. Even if it's a legit one, it's not gonna be easy money.
-
Go ahead and see if you will win it. I have never thought of winning in there and even joining, I didn't care at all. So to those that are really good in trading, join and try to see how good you are. Because you will never know who are the ones joining it. The best of the best are joining there but you will never know how good you are if you are not going to try, right?
-
Be careful with all these bonuses so that you don't get scammed. Any offer too good to be real should be avoided and only depend on your own buying and hodli with your money. Don't be decieved and lured into the trap of scammers with giveaways, because I have heard of many giveaway scams. However, if it's real, trading isn't easy.
-
The crypto industry never ceases to amaze me. Launchpools and giveaway events are often exclusively organized for traders. You can imagine how skeptical I felt when my friend told me about a Christmas trading bot bonanza through which traders get to win 10,800 USDT in trading bonuses, also depending on how much you trade during this Christmas season, top-ranking traders get to win massive airdrops rewards. On top of that, trial funds for BTC trading bots is included.
I kept being skeptical about it because I have not participated in any of these before. I would like to know if anyone has participated in bonanzas before. Do you think I should go ahead with it ?
I want to believe that this trading bot does not possess more of the risk in it than the benefit it can serve, if your friend can attest to the reality in what they offer, then one can give a try, because its a festive and promotional season, which oi want to believe that one of their aim was to engage the people probably for the use of their bot or something related to that, if the bonus is worth going for, then its nothing bad for a try from anyone of us.
-
I guess all of us never cared to participate on those seemingly shady promotional strategies to get more people to do this and to do that with the money they have. I am always afraid to be again victimized by any form/type of scams hence I am keeping away my focus from them. These promotions are really aimed at this season because they know they can get more attention and participation but we should always be careful with them.
-
Would you believe that someone will give you $10,000 without any effort? If you believe that, you will be easily scammed. End of year discounts are usually bad and not as easy as the profits that are advertised, but 10,800 USDT is closer to a scam.
-
The crypto industry never ceases to amaze me. Launchpools and giveaway events are often exclusively organized for traders. You can imagine how skeptical I felt when my friend told me about a Christmas trading bot bonanza through which traders get to win 10,800 USDT in trading bonuses, also depending on how much you trade during this Christmas season, top-ranking traders get to win massive airdrops rewards. On top of that, trial funds for BTC trading bots is included.
I kept being skeptical about it because I have not participated in any of these before. I would like to know if anyone has participated in bonanzas before. Do you think I should go ahead with it ?
Never heard of a legit way to earn money like from bonanza this does not look legit what are the requirements to trade and open an account on this platform. I don't advice to trade on trading bot especially the ones which are fishing with 10k because they don't have to do that if they really are providing a good functionality.
I suggest to avoid such offers or if you still want to give try then don't give something personal or money because it can end up losing you something most of these platform ask for a fee when you try to withdraw and even after you send the fee they won't release the funds.
-
Would you believe that someone will give you $10,000 without any effort? If you believe that, you will be easily scammed. End of year discounts are usually bad and not as easy as the profits that are advertised, but 10,800 USDT is closer to a scam.
Merely seeing this, one should know that its most likely to be a scam, there is no father christmas anywhere, even in Rome, you have to pay for their service before you could receive from them, in cryptocurrency, when it looks too real to be true, then its not true, the amount in consideration here is much, not all offers are genuine, most of them could only e a scam in disguise for a big reward
-
The crypto industry never ceases to amaze me. Launchpools and giveaway events are often exclusively organized for traders. You can imagine how skeptical I felt when my friend told me about a Christmas trading bot bonanza through which traders get to win 10,800 USDT in trading bonuses, also depending on how much you trade during this Christmas season, top-ranking traders get to win massive airdrops rewards. On top of that, trial funds for BTC trading bots is included.
It could be in some kind of position? or maybe they are promoting this bot so that it will gain a lot of customers. So it could be like that but still though you really have to be skeptical just like what you said.
If you will be joining this kind of competition, I guess it should be like sponsored by top tier exchanges, otherwise it really sounds like a scam to me. And it's better to be cautious and not to trust blindly in crypto.
-
I kept being skeptical about it because I have not participated in any of these before. I would like to know if anyone has participated in bonanzas before. Do you think I should go ahead with it ?
it depends on the platform and whether it seems legit you should also see what they are trying to ask of you and if they seem to be asking a lot of unrealistic requirements that will allow them to take profit then i think you should reconsider
if it won’t take too much from you i think you should try but not expect too much so if you end up getting significant rewards you can take it but if you don’t you aren’t too disappointed
-
it depends on the platform and whether it seems legit you should also see what they are trying to ask of you and if they seem to be asking a lot of unrealistic requirements that will allow them to take profit then i think you should reconsider
With simple calculations, Mixero has a contest to win $300. The requirements are simple: create an account on the forum, submit a price, and the number of accounts participating is limited. However, the possibility of winning is still low, so what about a contest with thousands of participants and it is not known whether it is real or not?
-
so what about a contest with thousands of participants and it is not known whether it is real or not?
Yeah, and what about fake participants that the website owners create to manipulate the contest? We often see complaints from casino players that the wagering contests are rigged. I used to participate in wagering contests a lot. Even if I was in the top five for the whole day, the leaderboard suddenly changed in the last 30 minutes. I guess there was a website named Cryptoplay or with a similar name which was proved scam later. Since then, I do not care about contests anymore where I have to wager real money. Most of the time I ended up losing my deposit.
-
If I were to trade in these events, I would likely lose in process so I don't bother with such events in first place. By the way, Is there anyone who won in such events prior? (I understand such events are held by reputed exchanges but I am still quite skeptical about them.)
-
If I were to trade in these events, I would likely lose in process so I don't bother with such events in first place. By the way, Is there anyone who won in such events prior? (I understand such events are held by reputed exchanges but I am still quite skeptical about them.)
I know someone who won such events and I won one in 2018 but at that time the market was small and the project really aimed to gather followers. Now the market is huge and these projects do not need to spend a lot on promotion. With a minimal budget they can run a successful campaign, so I do not think the chances of winning such events are good.
-
The crypto industry never ceases to amaze me. Launchpools and giveaway events are often exclusively organized for traders. You can imagine how skeptical I felt when my friend told me about a Christmas trading bot bonanza through which traders get to win 10,800 USDT in trading bonuses, also depending on how much you trade during this Christmas season, top-ranking traders get to win massive airdrops rewards. On top of that, trial funds for BTC trading bots is included.
I kept being skeptical about it because I have not participated in any of these before. I would like to know if anyone has participated in bonanzas before. Do you think I should go ahead with it ?
If a reputed exchange is offering these then the chanes of getting one are higher, on Binance their was a 1 BTC button game, and on many other exchanges they have trading contests, voulne contests etc. to give their winners and users some rewards. I don't know if the rewarding system is not polled but they do give rewards to the winners.
If you trust the exchange giving these offer then you can give it a try but keep in mind chasing such bonuses can take us to some wrong path like on a bad exchange and to get the reward once we deposit funds we can lose them. Most of these offers can be scams so DYOR, speaking of airdrops they can be real, as I have joined too many airdrops and made not a good reward though but many exchange did reward tokens as airdrop reward.
-
If I were to trade in these events, I would likely lose in process so I don't bother with such events in first place. By the way, Is there anyone who won in such events prior? (I understand such events are held by reputed exchanges but I am still quite skeptical about them.)
I know someone who won such events and I won one in 2018 but at that time the market was small and the project really aimed to gather followers. Now the market is huge and these projects do not need to spend a lot on promotion. With a minimal budget they can run a successful campaign, so I do not think the chances of winning such events are good.
It’s true the chances of winning may be slim but when i found out the bonanza was held by an exchange and my friend won some rewards, i realized i was just being unnecessarily doubtful.
-
If I were to trade in these events, I would likely lose in process so I don't bother with such events in first place. By the way, Is there anyone who won in such events prior? (I understand such events are held by reputed exchanges but I am still quite skeptical about them.)
Yeah trading bot competition are mostly found in Big CEX exchanges but i never borders myself on them because bot are bound to loss trades overtime. I have tried trading bot with a trial funds on Kucoin exchange but no success. The bot could not make a dime, it was just a wasted effort, though Kucoin is reputable exchange, one of my preferred exchange.
Generally speaking, I think it is better to trade with your own experience and personal effort than relying on some bot to earn profit.
-
Yeah trading bot competition are mostly found in Big CEX exchanges but i never borders myself on them because bot are bound to loss trades overtime. I have tried trading bot with a trial funds on Kucoin exchange but no success. The bot could not make a dime, it was just a wasted effort, though Kucoin is reputable exchange, one of my preferred exchange.
Generally speaking, I think it is better to trade with your own experience and personal effort than relying on some bot to earn profit.
yes, you're right, bots won't help completely or provide instant profits easily.
There will be mistakes that can happen, especially when the market is unstable.
The bots used are biased copytrading bots and Grid tarding, If you want to try it, then only use the minimum amount of money that you can afford to lose, Don't try with all your money, because losses will definitely occur and don't easily trust bots.
I also rely solely on Spot trading with my basic knowledge, so I know when to enter and when to exit to take profits.
-
I don't know how lucky i need to be to win in such events, so i do not even try, so i don't lose while trying to win something. If such a thing is organized by a 'reputable' service, then it is okay to try it if you want to, but i don't waste my time with things like this to be honest.