Although I made $20,000 in Airdrop in three days with Limitless, I haven't done any of the predictions on the platform afterwards.
🔶The first phase of Limitless only looks at trading volume and can be manipulated with wash trading. I can essentially do the opposite trades myself with no loss; for the later platforms, in addition to looking at trading volume, they also consider profit and positions, making wash trading ineffective; 🔶At that time, there was completely no hype around Limitless, with a total trading volume of only 400 million, while later on, OP had a daily trading volume of 100 to 200 million. 🔶Prediction is essentially gambling. I tend to be FOMO, easily get carried away, and I'm afraid I might end up losing all my capital.
Prediction platforms can allow a small number of people to make money, and even some to become wealthy, but for the majority, it is just another quick path to zero, cultivating a large number of gamblers.
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.
Although I made $20,000 in Airdrop in three days with Limitless, I haven't done any of the predictions on the platform afterwards.
🔶The first phase of Limitless only looks at trading volume and can be manipulated with wash trading. I can essentially do the opposite trades myself with no loss; for the later platforms, in addition to looking at trading volume, they also consider profit and positions, making wash trading ineffective;
🔶At that time, there was completely no hype around Limitless, with a total trading volume of only 400 million, while later on, OP had a daily trading volume of 100 to 200 million.
🔶Prediction is essentially gambling. I tend to be FOMO, easily get carried away, and I'm afraid I might end up losing all my capital.
Prediction platforms can allow a small number of people to make money, and even some to become wealthy, but for the majority, it is just another quick path to zero, cultivating a large number of gamblers.