The Best Strategies and Tips to Increase Your ROI and Trading Volume in the Mirakle Trading Race
Are you ready to join the Mirakle Trading Race and compete with other crypto traders for amazing rewards? If so, how do you maximize your chances of winning and boosting your return on investment (ROI) and trading volume? This article will share some of the best strategies and tips to help you achieve your trading goals and beat the competition.
What is the Mirakle Trading Race?
The Mirakle Trading Race is a two-week trading campaign that aims to boost trading activity and incentivize active and high-volume traders on the Mirakle platform. The campaign runs from 12:00 PM (UTC) on November 14 to 12:00 PM (UTC) on November 28 and consists of two phases:
Phase 1: From 12:00 PM (UTC) Nov 14 to 12:00 PM (UTC) Nov 21
Phase 2: From 12:01 PM (UTC) Nov 21 to 12:00 PM (UTC) Nov 28
The campaign rewards traders based on two criteria: ROI and trading volume.
1. ROI is the percentage of profit or loss you make from your initial investment.
2. Trading volume is the amount of crypto you buy or sell during the campaign. The campaign features tokens: $Fuse and $Qiji, the only eligible trading pairs.
The rewards are as follows:
The Mirakle Trading Race boasts a prize pool of $1,000:
6 traders with the highest number of wins (3 traders each week): share $500 in $Fuse
10 traders with the most significant trading volumes (5 traders each week): share $500 in $QIJI
How to Increase Your ROI and Trading Volume in the Mirakle Trading Race
Now that you know the basics of the Mirakle Trading Race, let’s dive into some of the best strategies and tips to increase your ROI and trading volume in the campaign.
1. Do Your Research
Before you start trading, it is essential to do your research and understand the fundamentals and technicals of the tokens you are trading.
$Fuse and $Qiji are promising projects with unique features and use cases but have different risks and opportunities. You should be able to familiarize yourself with our whitepapers, roadmaps, partnerships, and community updates, as well as their price history, trends, and patterns.
2. Plan Your Strategy
Once you have researched, you should plan your strategy and set your goals and limits. You should decide how much you are willing to invest, how much you expect to earn, and how much you are ready to lose.
You should also determine your entry and exit points and stop-loss and take-profit levels.
3. Follow the Volume
One of the most important indicators in crypto trading is volume, which measures how much an asset is traded in a given period.
Volume can help you gauge the liquidity, volatility, and sentiment of the market and identify potential breakouts, reversals, or trends.
Generally, high volume indicates strong interest and conviction, while low volume suggests weak or indecisive activity. You should follow the volume of $Fuse and $Qiji and look for signals that confirm your price expectations.
4. Diversify Your Portfolio
Another way to increase your ROI and trading volume is to diversify your portfolio and trade $Fuse and $Qiji.
Doing so can reduce exposure to market fluctuations and exploit the tokens’ different price movements and opportunities. You can also hedge your positions and balance your risk and reward.
5. Stay Updated and Flexible
Finally, you should stay updated and flexible throughout the campaign and adjust your strategy accordingly. The crypto market is dynamic and unpredictable, and you should be ready to react to any changes or events that might affect the price or performance of $Fuse and $Qiji.
You should also monitor the leaderboard and the competition and see how you can improve your ranking and results. You can follow the latest news and updates on the Mirakle platform, the tokens, and other traders’ and participants’ feedback and opinions.
Conclusion
The Mirakle Trading Race is an excellent opportunity for crypto traders to showcase their skills and earn unique rewards. Following the strategies and tips we shared in this article can increase your ROI and trading volume and boost your chances of winning.
Remember, the key to success is to research, plan your strategy, follow the volume, diversify your portfolio, and stay updated and flexible. We wish you good luck and happy trading!
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Should you wish to explore further into the ethos of Mirakle and understand the synergy with the Fuse Network, please peruse the resources provided:
Website Fuse Network: https://www.fuse.io
Website Mirakle: https://www.mirakle.io/
Twitter: @defimirakle
Telegram: Mirakle Perpetual DEX
Whitepaper: Mirakle Whitepaper
Audit Report: Mirakle Audit
