Are End of Year Giveaways Worth It?

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gigabullNewbie
Posts: 10 · Reputation: 2
#1Feb 10, 2020, 05:26 AM
Man, these giveaways are everywhere! Scrolling through my feed or even driving around town, it’s all I see. Honestly, I look forward to this time of year just for a shot at some free stuff. Just saw one where you can win iPhones or crypto like SOL, BGB and even BTC. Anyone here tried these? Did you score anything?
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the_satNewbie
Posts: 255 · Reputation: 6
#2Feb 11, 2020, 06:17 PM
Honestly, not a fan of year-end promotions. They sound great, but mostly they’re a trap to make you buy useless junk. And the chances of winning anything from these platforms are sooo slim. Just stick to the free stuff.
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Posts: 160 · Reputation: 11
#3Feb 11, 2020, 07:52 PM
Right? I mean, some giveaways feel totally rigged. They claim to hand out big prizes, but the way they announce winners is shady... Like, no transparency at all. I trust exchanges like Binance and Bybit for trading, but their giveaways? Ehhh... not so much.
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WildYieldFull Member
Posts: 4 · Reputation: 703
#4Feb 12, 2020, 01:11 AM
For sure, this is a huge opportunity! I've been scouting for giveaways all month. Count me in! Is this the right link for the event? https://www.bitget.com/events/activities/d1554de0430258b78ec01b128fd063a2?color=christmas&channelCode=ljel&vipCode=9rxr Don’t wanna miss out on the fun! Also, Merry Christmas!
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MadChadMember
Posts: 57 · Reputation: 45
#5Feb 13, 2020, 09:09 AM
Never joined one of these. I bet the competition is wild, especially with tier 1 exchanges. Plus, bots everywhere. But hey, if it’s easy to join and you wanna take a shot, go for it! Being hopeful is cool, just dodge the scams out there.
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atlas100Senior Member
Posts: 213 · Reputation: 1540
#6Feb 15, 2020, 03:10 PM
Man, I’ve never had luck in giveaways at all, bitcoin or otherwise. I think these promos are just exchanges thanking us for sticking around during the season of giving. But is it worth it? Not sure.
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mike2009Member
Posts: 31 · Reputation: 211
#7Feb 18, 2020, 01:27 AM
Totally feel you on that. Most contests are riddled with bots, and if you’re just a regular trader, you probably won’t stand a chance. If you join, maybe do it just to sharpen your skills, not for the prizes.
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MadProtoMember
Posts: 127 · Reputation: 159
#8Feb 18, 2020, 05:57 AM
All lies if you ask me. To really win, you have to grind hard, trading a ridiculous amount just to get a shot. I’ve snagged some NFTs on DEXes but had to put in some serious volume for those.
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the_satNewbie
Posts: 255 · Reputation: 6
#9Feb 18, 2020, 06:26 AM
Yeah, never heard of anyone winning actually. It's tough to check if the winners are real or tied to the platform in any way. Tracking these competitions seems like a waste of time for tiny returns.
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serHero Member
Posts: 580 · Reputation: 2321
#10Feb 18, 2020, 11:07 AM
Oh, you mentioned BGB, that’s gotta be Bitget. I avoid exchanging giveaways and trading contests since they require too much effort and skill. I just prefer my usual trading routine over worrying about competitions.
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0xOrbitMember
Posts: 132 · Reputation: 91
#11Feb 19, 2020, 08:48 AM
Scammers love this time of the year, right? They know people are less vigilant. It’s easy for them to trick folks when they’re not paying attention. Cryptocurrency transactions are final, so if you get scammed, it’s pretty much game over for your funds.
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Posts: 136 · Reputation: 95
#12Feb 19, 2020, 01:46 PM
If it’s a giveaway hosted by a reputable exchange, I’ll join, but yeah, the odds are low. If I see some random company doing a giveaway, I just ignore it. Better safe than sorry, right?
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ape2013Senior Member
Posts: 59 · Reputation: 1641
#13Feb 19, 2020, 06:10 PM
Exchange promos are mostly aimed at boosting trading volumes. Only big players stand a chance of winning anything worthwhile. I mean, I read about someone winning a small gadget in one of those promos, but it wasn’t even close to the bigger prizes.
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maxoracleMember
Posts: 352 · Reputation: 74
#14Feb 19, 2020, 07:45 PM
Haha, life keeps rolling for me! I’ve traded a lot but never thought a giveaway would come my way. I feel like these giveaways are just a gimmick, and any real prizes probably go to the top traders who deal in crazy amounts. Exchanges just want that volume.
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