I heard that $NIGHT has plenty of spots in the trading competition and it's relatively easier to get on the leaderboard. As a trader who often participates in these kinds of activities, I also want to try my hand. So, the result is that these past two weeks of experience have been a bit overwhelming.
Maintaining a trading volume of around 130,000 each day to stay competitive, but the slippage and transaction fees roughly fluctuate around $10 a day. Sounds like not much? The problem is that, day after day, pushing this volume, the psychological pressure and opportunity cost are very real. Sometimes I wonder—if I keep pushing like this, will the final rewards cover these hidden costs? Honestly, I’m not sure.
The key is that I haven't figured out exactly how much trading volume and ranking are needed to reliably enter the reward zone. Some veterans might be very familiar with the rules and optimal strategies for these activities. I’d like to ask everyone—are there smarter ways to participate? Or based on your experience, roughly what volume do I need to reach to be confident of earning a profit?
Feel free to share your experiences so we can think this through together.
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.
10 Likes
Reward
10
3
Repost
Share
Comment
0/400
AirdropHarvester
· 12-20 02:16
This is a trap for the big roller. With a 130,000 JPY trading volume, you pay only 10 yuan in fees. Whether you make money or not depends entirely on how deep the prize pool is.
To be honest, I've seen quite a few people fooled by this "ample quota" hype, only to find out that everyone is competing, and the rewards are diluted to the point of chaos.
The key to playing these activities is to carefully calculate the risk/reward ratio, rather than blindly chasing volume.
If you're really confident, it's recommended to start with a small account to understand the rules first, rather than jumping straight into daily grind.
View OriginalReply0
MEVHunterWang
· 12-19 04:17
It took two weeks to realize I lost fees, this is the real truth of trading competitions.
View OriginalReply0
ChainWanderingPoet
· 12-17 14:31
A trading volume of 130,000 yen exhausted me in two weeks. I think that's the core issue.
---
Basically, it's losing the commission fee and also wasting time. These kinds of activities really need to be calculated carefully.
---
Wait, have you tested the actual rankings at different volume levels? It feels like data is very important.
---
I participated before, and later realized that aiming for top positions is not worth it at all. It's actually more exhausting to stay within the stable reward line.
---
Losing 10 bucks every day, what's there to look down on? The real question is, how much is the mental fatigue worth?
---
Is it possible that we don't even need 130,000? Maybe 80,000 is enough to stay steady. Have you tried lowering the requirements?
---
This kind of trading competition is a game of stamina. The ones really making money are probably bots doing the trading, right?
---
I want to know where the take-profit point is. At what loss level do you plan to give up?
---
The NIGHT competition itself might have pitfalls. Has anyone compiled detailed data?
---
After two weeks, have you learned anything? Besides feeling exhausted, is there any other gain?
I heard that $NIGHT has plenty of spots in the trading competition and it's relatively easier to get on the leaderboard. As a trader who often participates in these kinds of activities, I also want to try my hand. So, the result is that these past two weeks of experience have been a bit overwhelming.
Maintaining a trading volume of around 130,000 each day to stay competitive, but the slippage and transaction fees roughly fluctuate around $10 a day. Sounds like not much? The problem is that, day after day, pushing this volume, the psychological pressure and opportunity cost are very real. Sometimes I wonder—if I keep pushing like this, will the final rewards cover these hidden costs? Honestly, I’m not sure.
The key is that I haven't figured out exactly how much trading volume and ranking are needed to reliably enter the reward zone. Some veterans might be very familiar with the rules and optimal strategies for these activities. I’d like to ask everyone—are there smarter ways to participate? Or based on your experience, roughly what volume do I need to reach to be confident of earning a profit?
Feel free to share your experiences so we can think this through together.