From Futures to On-Chain Strategies: What's the Deal?

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mr_matrixNewbie
Posts: 5 · Reputation: 24
#1Feb 10, 2023, 10:46 PM
Crypto market's been a maze lately, for real. I heard BSC tokens aren't hit as hard tho. I was venting to a friend about how I'm taking a break from use trading. He mentioned his crew's still grinding but not in futures... they're into on-chain trading competitions. Had no clue what that was.
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it5_lynxMember
Posts: 52 · Reputation: 190
#2Feb 11, 2023, 12:26 AM
What do you mean by 'on-chain trading competitions'? Like, how does that even work? Also, how did you score a 127% profit? If you're gonna share something helpful, make it clear, man. This looks like a centralized exchange setup, kinda sketchy.
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j0hn.ga5Newbie
Posts: 36 · Reputation: 19
#3Feb 11, 2023, 05:37 AM
Sounds like a promo for Bitget, honestly. You know they’re pushing those trading competitions everywhere.
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w1ld5tackFull Member
Posts: 39 · Reputation: 605
#4Feb 11, 2023, 07:23 AM
For sure, I've noticed a ton of Bitget threads buzzing around. They always talk about those competitions or launchpools they host. And let's be real, most of these 'on-chain trades' are just meme tokens. They sugarcoat it to make it sound legit but c'mon, we know the game, right?
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Posts: 93 · Reputation: 213
#5Feb 12, 2023, 07:55 PM
Not really beginner-friendly. Chasing the leaderboard could wipe you out big time, honestly. I’ve seen thousands trying to snag those rewards, and most are rolling in with way more cash than usual. Just watched one on Binance and it feels unsustainable.
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mr_matrixNewbie
Posts: 5 · Reputation: 24
#6Feb 12, 2023, 10:46 PM
But hey, I’m still keeping an eye on this on-chain trading competition. It's active, so I’m digging in. And about the meme stuff, you can trade actual stocks too, like Tesla and Google, so don’t sleep on that.
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0xGasMember
Posts: 126 · Reputation: 52
#7Feb 13, 2023, 03:54 AM
Gotta stick to your own game plan, man. If that’s what you believe will work for you, go for it. Just keep in mind not everything we think is spot on, especially in this wild crypto scene. It's unpredictable for sure.
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w1ld5tackFull Member
Posts: 39 · Reputation: 605
#8Feb 13, 2023, 06:44 AM
Totally agreed. You didn’t clarify enough on what you meant, so now it’s open to a ton of guesses. Sure, there’s on-chain trading with stocks now, but that just started not long ago, right? Even hyperLiquid just added it a couple weeks back.
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