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Recently, there has been quite a buzz about a popular trading event, especially the battle for those 480 spots. Many people are asking whether it's worth participating, how risky it is, and if beginners can get involved. I’ve compiled my practical experience to clarify the ins and outs of this.
First, let's talk about the basic situation. The main attraction of this event comes from the expected returns. Based on the current market price of 0.4U per unit, a share corresponding to 5,000 target digital assets has a theoretical value of up to $2,000. Participants need to achieve a certain trading volume to earn this portion of the profit. Considering the total size of 1.2 billion, the individual trading task is roughly around 2.5 million.
But here’s a common pitfall—expected returns ≠ actual money in hand. Many people are dazzled by the $2,000 figure but completely overlook the variable of "wear and tear costs." What is the total cost of trading fees, slippage losses, and other expenses? Even if you trade meticulously, realistically, the amount you actually pocket is probably only a few hundred dollars. Don’t dream about that theoretical value; the actual situation often cuts that in half.
So before participating, ask yourself three questions: Is your trading skill truly good enough? Can you handle the wear and tear costs? Is this return worth the time and effort you invest? Especially for beginners, be cautious of the excited atmosphere in the group—rational judgment is always more important than following the crowd.