Personally, i close all trading activities for the year when it’s few days to Christmas because why not. It’s holiday season and we have to enjoy to the fullest. But i came across a tempting ad earlier. You know this seasonal giveaway campaign that Binance, Bitget and other exchanges do at the end of the year where they give free airdrops if you double your trading volume. It got me thinking, should i trade more and extend my deadline or forget about it and focus on the festivity.
What do you think I should do? Has anyone participated in these giveaways before?
most of the time these giveaways aren't worth the risk but if you find it interesting then go ahead, in holiday usually the volume decreased a lot, people trade less to enjoy christmas so your best bet to increase volume is by leverage, but I believe there will be less market volatility which might be a good thing for people looking to double their trading volume.
personally, at holiday like this, I just don't care with the giveaway, the main reason they make giveaway in the first place is because they know the trading volume will tank at the end of the year like this.
so if you think the benefit doesn't outweigh the disadvantage, just enjoy your holiday. the decision is yours to make.