Quote from: Shezcute Abbie on February 13, 2024, 11:52:30 AM

Late last year, I entered an online crypto spin and win contest that my friend had warned me to avoid. He thinks those things are shady and often scam. I signed up anyway just for fun, never expecting to actually win but eventually I did win something.
When I told my friend the news, he got really annoyed. He said those contests can't be trusted and I shouldn't believe I won anything real. I tried explaining it seemed legitimate, I mean, I did my research but he thought I was being reckless.

What do you think - should I split a contest prize to heal a friendship, even if I solely entered and won? Do you try online spinning promotions or find them too questionable? Let me know your thoughts!

There are a few things that I'm quite curious about:
1. Is your friend an investor with a lot of experience in the crypto market?
2. Which project was the spinning event that you participated in and won? What were the requirements for participants?
3. Why did your friend prevent you from participating in that spinning event? It must have had some risk that he recognized.

It will be easier for us to discuss when we know these things clearly, but I believe he feels uncomfortable because you deliberately ignored his warning to participate in a dangerous game in the crypto market, at least that's what he thinks. You should also think about this because luck is not always on your side.

In the end, I think you have the right to keep all the rewards you deserve. That friend stopped you from participating, not encouraged you to participate. I think sharing money is a less polite behavior. If you want to strengthen your friendship, you can invite him to lunch to talk more about the potential crypto market.

1. My friend isn't a crypto investor. He doesn't view crypto as a legit investment.  He believes that the concept of crypto in itself is scam and has no actual value.

2. It was a spin event hosted by an exchange. I just needed to hold a certain amount of the native token to qualify for some spinning rounds.

3. To the best of my knowledge, it was as a result of point number 1. He thinks everything crypto is scam.

I have not learned about any crypto spin events; maybe they are common in your country, but over here in my country, I only see non-crypto spin events that allow someone to win gifts like airtime, money, and other gift items. Since I have been participating in any of those spin events, I have not won anything, so I just assume it's all a scam. I don't waste my time on things like that any more.

Well, concerning the sharing of your win with your friend, if you believe that that's what will re-ignite your relationship with him, then you can give him a little gift from that money.

Depending on the exchange you use, the exchange I use frequently hosts crypto spinning events. You can literally see it on the mobile app. The particular one I participated in didn't require much, I just needed to hold some amount of BGB token then to qualify for 5 spins and it was one of my 5 spins that gave me my lucky win. It wasn't as though I was risking too much or being careless. Note that he's not even that much of a crypto investor he's more like a crypto- non believer.  I'm considering gifting him a little tho even tho this happened months ago.

you have to be careful with a website that gives coins for free and even gets them easily, most of them now have a lot of manipulation and there are also websites that ask for your wallet address... please avoid all of them, friends, I'm worried if you do that, I'm afraid your personal wallet will be hacked. and your balance will be lost without our knowledge, so be careful with freebies.
It's better for you not to do all that, my advice is if you are looking for easy money, but remember everything we have to try. You can take part in the social media bounty campaign and sign on this forum.

Thanks buddy! Nevertheless, I don't just jump in on every and any events. I mostly take part in events hosted by exchanges. I'm also weary of any event that requires me to put in my personal details. I don't participate.

  Let me share this here with you my fellow crypto enthusiasts.

 Late last year, I entered an online crypto spin and win contest that my friend had warned me to avoid. He thinks those things are shady and often scam. I signed up anyway just for fun, never expecting to actually win but eventually I did win something.
When I told my friend the news, he got really annoyed. He said those contests can't be trusted and I shouldn't believe I won anything real. I tried explaining it seemed legitimate, I mean, I did my research but he thought I was being reckless.

He asked if I was planning to share my prize with him since he tried protecting me from potential risks. I hadn't thought about that at all, in my mind it was my prize to keep. When I hesitated, he got more frustrated, thinking I was disregarding our friendship.

After the dust settled, we talked it out again. I said I appreciated him looking out for me but I still felt it was my prize to decide what to do with. We don't share money as friends anyway. Eventually he dropped it, but I could tell he was bothered I didn't listen to him in the first place.

What do you think - should I split a contest prize to heal a friendship, even if I solely entered and won? Do you try online spinning promotions or find them too questionable? Let me know your thoughts!

Quote from: Shezcute Abbie on January 29, 2024, 11:40:09 AM

Quote from: MrSpasybo on January 28, 2024, 09:03:46 PM

Quote from: jeraldskie11 on January 28, 2024, 03:41:03 PM

Copy trading helps you make a trade without doing analysis in the market. This is good to traders who don't have time to TA and those who have difficulties at making profit. If you know how to find the best master trader, you can be sure that you can make profit with it. I have friend who copy trade and he made a lot of profit. He said that his strategy is to check the previous performance of the trader before copying his trades. However, master trader is just like us who make loses in trading, so it's still risky. If you have enough time in trading and can manage to be profitable, then there's no reason to risk with them.

It is for this reason that traders who want to  use copytrading strategy are advised to research about the pro-traders they intend to copy. If they have more successful trade history, then it's worth copying such traders.

I have never tried copy-trading because I do not believe in its effectiveness. I know there are many people who make profits and they support copy-trading, many CEX also support this feature showing demand from users for this service.

I think I'm not suitable for copy-trading because I want to self-manage and make decisions with my investments in the market. Giving my portifolio to someone else (maybe pro-traders) to make buying/selling decisions will not help me gain more experience or progress 😅

As much as I want to be a self reliant trader, I do not have the time to study and practice. That's why copytrading is super efficient for me.

I understand what you are trying to say the only reason why I just implied that you should be your own personal signals. So that you won't have to fully rely on copy trading and I know that most of this individuals that giving the signals are pros but being a pro doesn't mean you can see the future of the market crystal clear. They all ones where newbies who undergo losses too. They are only pros because they take their time to study more about the market and that knowledge have helped them in making most of their prediction certain percent sure.

But still if you are actually gaining from copy trading is not bad aslong you are accumulating some good profit (eventhough they are certain losses). Is still advisable that ones in a while you should alway try and improve your own trading skills you don't have to give it all your time. As they say trading is one of the hardest way to make money. So even when yah using copy trading losses can never be negligible.

 
You're absolutely right. Copytrading comes with some losses too but like I said earlier on regarding researching the pro-trader one intend to copy, if the profit exceeds the gains then that's good enough.

Quote from: doc on January 27, 2024, 04:24:21 AM

Quote from: Thyplaymaker on January 27, 2024, 12:56:29 AM

To be honest hitting the right and legit memes coin (shit coin) can be really profitable I have heard of alot of story on how some  memes coins change alot of people lives for the better. I've made some research concerning such coins and due to their very high volatility is not safe or advisable to hold for long. As the price rise massively quickly sell and run with your profits. But some crazy thing is that most memes coin do take a year before they experienced such rise so it can be a trickery investment. That if you planning to invest on it always use funds worth risking

You made a valid point buddy. I also think early investors in Memecoin projects are usually at the  profiting side too. So, while investing what you can afford to lose is a vital advice, on the other hand it would be great if you can identify these projects with the potential for making multiple gains early enough.

meme coin or shit coin is a big risk. 
Use the funds that you are prepared to lose. 
Because the possibility of losing is greater and you must always monitor market movements and be able to predict whales will enter. 
When the price goes up, sell as soon as possible, because second chances in shitcoins never exist. 
I played there for a long time, and it was really tiring. 
I would suggest investing in top coins, it is safer.
 If you have a good Analize, you can try presales on new projects.
It's also more profitable, if you have knowledge there.

most people do engage in such investment is because most of them believe that is one of the quickest way to get rich quick after seeing alot people testifying about their wins. Without thinking about the risk attached one crazy thing about all this coins is that ones they experienced a dip they might never bounce or come back from that dip and alot of people have fall victim of such. Whereby their funds dip with the coins
So you've said is better to invest on main coins than to risk your funds in such projects.

Hi, it's an interesting discussion you've got going on here. You mentioned earn products,  are there any you'd kindly recommend? I'd appreciate it more if you've used them yourself and is quite certain about the results.

I can recommend Metacade to you mate. It's more like a one stop hub for gamers, web3 enthusiasts and metaverse lovers alike. https://metacade.co/
You might also be interested in joining it's pre-listing event.
https://x.com/bitgetglobal/status/1703725553885253795?s=20