3 Important Points About Trading Competitions
✅First, calculate whether this coin is profitable and worth participating?
Calculate whether there is a profit; the predicted trading volume will be larger on the second day than the first day.
✅Second, meet condition one and estimate your approximate slippage.
In a situation where profit is predicted, it should be traded when there is liquidity for this coin; the best scenario is to ensure your slippage is around 0.02%.
✅Third‼️ The most important point
Estimate the amount of capital to enter the coin 💰. If this seems too outrageous, really don't play, it's very dangerous. Generally, start predicting in the last 2-3 days.
If you need help, follow me ➕. I am preparing a video to help newcomers understand the competitions and how to trade without falling into traps.