Participated in a Christmas event hosted by a major exchange. Honestly, this was supposed to be a low-expectation game, but it surprisingly turned out to be profitable.



The logic of the event was simple: guess the cryptocurrency with the highest increase the next day to win an 800U reward, with an extra 100U for the top 30. Sounds good, but there's a practical problem behind it—there are over 400 coins in the spot pool, and you need to flash trade all of them to ensure a correct guess. Each flash trade costs over 15U plus 0.2U in wear and tear, so scanning all of them costs nearly 100U. It seems like a guaranteed profit, but in reality, if more than 10 people do this on the same day, the reward gets divided among more winners, resulting in immediate losses.

So I didn't go all-in; I adjusted my strategy to use the top 10 on the gain leaderboard as a reference. The cost was reduced to around 60U. I only guessed correctly two days, but luck was on my side, and I made it into the top 30, ending up with a total of 140U.

Looking back at the entire event, I found that indeed 3-5 people chose to flash trade all coins. Most days, they could earn over 100U, which is like earning some extra cash through hard work. But this approach is very time-consuming, and the event capacity itself is quite limited—each additional participant significantly reduces everyone's earnings. So I only dare to discuss this retrospectively; if you really follow the trend, you'll probably end up losing money.
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PretendingSeriousvip
· 8h ago
Luck is one thing, but everyone who actually participates in this activity gets caught in the tricks. I won't advise anymore.
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GateUser-afe07a92vip
· 8h ago
Luck is also part of the strength, but these kinds of activities really depend on the number of participants. The more people there are, the more negative the game becomes.
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TrustlessMaximalistvip
· 8h ago
Lucky to make it into the top 30 by luck, haha, this is the exchange's trick.
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