Just looked at the results of this round of XPL spot trading competition, and I have to complain a bit.



The data is a bit heartbreaking: even in a market with nearly 40% gains, I still lost over $1,000, ranking twentieth. Looking at the leaderboard, the top two definitely made profits, but what about the rest? Positions 3 to 5 each lost nearly ten thousand dollars, and those ranked 20 to 50 generally lost between $1,000 and $4,000.

To put it simply, the truth of this trading competition is: only a very small number of top participants profit, while most others are losing. Interestingly, even though the market itself rose so much, profitable traders are few and far between.

Forget it, since we've all lost anyway, let's keep pushing together. There's nothing else to do.
XPL6.84%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Repost
  • Share
Comment
0/400
MEVictimvip
· 16h ago
Head harvesting, bottom burial, old tricks again. --- This is the true face of the trading competition. The market is rising so sharply but you can still lose money, how much more can you do? --- Wait, the lower the rank, the more the loss? This data logic is a bit strange. --- What’s the point of fighting? The gameplay is designed this way. --- Spot trading competition with a 40% increase can still generally result in losses. I have to ask if there’s a slippage issue. --- Laughing to death, the top two are eating the meat, the rest are all leeks. --- Keep fighting? Brother, your mentality is good. --- This competition format clearly looks like a harvest scheme. --- Why does a bigger increase result in fewer people making money? This logic doesn’t add up. --- Third to fifth place losing ten thousand dollars, I just want to know how they did it.
View OriginalReply0
MerkleTreeHuggervip
· 16h ago
Front-end eating meat, we still can't get the soup or drink it --- This data is outrageous, a 40% increase and still losing money, truly incredible --- How did the top two do it? Please teach me --- Another fierce trading competition, but that's normal --- Just keep grinding, anyway there's no other way out --- 20th place still losing so much? I don't dare look at my ranking --- The head harvesting mode is activated, okay --- Is this the true face of spot trading competitions? It's a bit disheartening --- Keep grinding, since we've already lost everything, just play freely --- Even with such a big rise, still losing money, what does that mean? --- Just look at this leaderboard, this isn't a competition, it's a leek-cutting scam
View OriginalReply0
LightningSentryvip
· 16h ago
The market has risen 40%, and we're still losing money. This buy and sell is truly ruthless. The 3rd to 5th place lose ten thousand dollars. The contrast is outrageous. The top players are eating the meat, while we are still drinking the soup and have to pay to participate. Is that it? This is the true face of the trading competition. Most people are working for a small minority. Keep going, keep going. Anyway, we're used to the joy of losing. Even after such a big increase, we're still losing money. The problem isn't with the market, but with us. When this data comes out, I feel like I'm participating in a different competition from others.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)