I wasn't planning to participate in the trading competition initially, feeling that it's all just a scam. The transaction fees for double coins are not cheap to begin with, but seeing that just over 2000 points last time could get you on the leaderboard, I was tempted again. I carefully observed the price trend of LAVA over the past few days and found that the fluctuations were quite decent, theoretically enough to offset the trading loss costs. So I started operating and earned over 10,000 points.



What was the result? Since the 23rd, the price hasn't moved much, just riding along. Every transaction I made was basically at a huge loss. Yesterday, I earned 450 points but ended up losing more than 1U. Looking at the current predicted ranking, I decisively decided to give up. These points, whether on the leaderboard or not, don't matter much—just go with the flow.

But there's one thing I really can't understand—what are those people doing who buy the spread at zero cost? Don't their losses cost money? This logic just doesn't add up.
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0xSherlockvip
· 11h ago
Haha, another trading competition victim. Losing all the fluctuations is really frustrating.
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DefiPlaybookvip
· 11h ago
Based on on-chain data, the loss cost of this operation has already reached approximately 33%... Wait, I'm curious, do those who engage in zero-cost arbitrage really exist?
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ZeroRushCaptainvip
· 11h ago
Haha, another buddy caught in the trading trap. I understand that feeling, really. Watching others effortlessly rank up with 2000 points, who wouldn't be tempted? The volatility is pretty good, in theory... right, that word is the most dangerous. I was also fooled into it this way, and starting from the 23rd, the price just dropped like dead, every trade was a cut-loss, that feeling is truly despairing. But your question is a good one, those people with zero-cost arbitrage... honestly, I can't figure it out either. Either they are whales, or they are new tricks that we, the retail investors, can't see through. Losses definitely cost money, unless they simply don't care, or they just want us to keep chasing there, ultimately ending up paying the fees. Giving up is the right choice; it's much better than continuing to charge forward and getting wiped out.
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