official Crypto Earning Contest $410 in Prizes - Sponsored by Walbi ​ 💰💰

[CristinaC]

Task 1: 482659

Task 4

Edited June 29 by CristinaC

[MrAdmin]

Members who completed task 4: @musketeer, @CristinaC, @BuggyMan

[⭐ musketeer]

On 6/27/2024 at 8:48 AM, Kunal said:

Task 4: [Jun 27-Jun 29] Make a deposit and share feedback about your experience (deposit methods, currency, overall process) here in the forums.

Uh-Oh!

Using $$ for margin is illegal here.

Sometimes it is safer, believe me 🙂

[⭐ Kunal]

9 hours ago, musketeer said:

Sometimes it is safer, believe me 🙂

The problem is that using local currency for margin is legal, but $$ is not.

[MrAdmin]

The winner of the task 4 is @BuggyMan! Congratulations!

Here is the lucky draw recording:

[⭐ musketeer]

18 hours ago, Kunal said:

The problem is that using local currency for margin is legal, but $$ is not.

I couldn't understand, can you explain?

[⭐ Kunal]

3 hours ago, musketeer said:

I couldn't understand, can you explain?

I can trade anything as long as I use local currency as margin.

FX brokers and others need $$ to be deposited for margin which the central bank here has made illegal.

To send $$ to the broker, I have to buy $$ from my local bank. The bank will allow me to buy $$ to be used to buy shares in the US, but NOT to be used for leverage.

It is a non-bailable, jailable offense.

Edited July 1 by Kunal

[⭐ musketeer]

wow! it sounds terrible to me...

then, I suppose, if you may get crypto with local currency, all is good?

[⭐ Kunal]

Traders here have to live with it. I don't have a forex account cos the brokers accept only $$.

There are people here who trade forex/crypto but get the deposit made from a friend or relative. I can get $$/crypto paid to me via Paypal but cannot hold it.

According to govt rules it has to be converted into local currency within a few hrs and sent to my bank account whether I like it or not.

 

 

[MrAdmin]

Task 5/8 [Jul 1 - Jul 3] Open a trade with an AI signal and share the feedback with us.

Here is how to select your preferred AI trading assistant: 

[⭐ musketeer]

15 hours ago, MrAdmin said:

Task 5/8 [Jul 1 - Jul 3] Open a trade with an AI signal and share the feedback with us.

Do you mean to follow buddies advises, from Mommy, Carlos or MC Whale?

[⭐ musketeer]

Well, I've tried one signal from MC Whale, long BTC.

It is convenient that a deal can be concluded directly from the signal, and this happens immediately - click and you are in position. What is extremely inconvenient, however, is that this signal disappears, and if you haven't marked a target and a stop in advance, you already have to interpret - you can't follow them, because they aren't there.

There is no history of signals, even the last ones, let's say 5. Or at least on  that one (or more) where you have opened a position.

That's an initial impression, when I have more experience I will share here.

 

Edit:

Well, that was my bad: there are no recommendations about SL and TP in the signals. One must use a common sense about these. But still, I believe that a history of signals (includein g time stamp when they started) could help evaluating and assessment of.

Edited July 2 by musketeer
update

[⭐ musketeer]

On 7/1/2024 at 4:16 PM, Kunal said:

Traders here have to live with it. I don't have a forex account cos the brokers accept only $$.

There are people here who trade forex/crypto but get the deposit made from a friend or relative. I can get $$/crypto paid to me via Paypal but cannot hold it.

According to govt rules it has to be converted into local currency within a few hrs and sent to my bank account whether I like it or not.

 

 

I am pretty sure that there are (regulated in some way) brokers that accept crypto like USDT. Probably that is a solution...

[⭐ Kunal]

7 hours ago, musketeer said:

I am pretty sure that there are (regulated in some way) brokers that accept crypto like USDT. Probably that is a solution...

There is one more problem. Legally, I'm allowed to only trade forex on the exchange here. Not on other exchanges.

Nothing stops me from trading an account of a relative in another country.

 

[MrAdmin]

Folks, this is the last day you can submit the solution for Task 5 of the contest. You should open a trade with the help of AI and share the feedback on PM with me or here in the forums!

People who send proof already are: @BuggyMan, @musketeer, @CristinaC

[⭐ musketeer]

1 hour ago, Kunal said:

There is one more problem. Legally, I'm allowed to only trade forex on the exchange here. Not on other exchanges.

Nothing stops me from trading an account of a relative in another country.

 

yes, with the risk of account takeover by the legal owner... I see that is a tough situation

Edited July 3 by musketeer
typo

[⭐ musketeer]

Well,

apart from what I said earlier that it is good to have a history of these signals, I would add that one has to understand quite well how to open a position (in the volume part of it).

Coming from margin forex trading, it is quite unclear to me and confusing, but this is of course not related to AI 🙂

In fact, if the AI at least gives targets (even without the stops) it would be nice, as a kind of estimate of how likely this signal is to make a profit.

Forgot to mention: made 4 trades based on AI signals (but just for the direction - no SL/TP given)

3 wins, 1 loss

Edited July 3 by musketeer
trades part

[MrAdmin]

Hello folks,

1. I've counted the points for users enrolled in the Walbi CryptoContest. Interestingly, members in places 1 and 2 are close in points, just three tasks before the end.

2. Very soon, we will have the lucky draw for task 5; I will post task 6, WHICH IS THE LAST TASK, when someone can still enroll in the contest and do the tasks from the beginning to gain points. If you want more points for a task, you can still send updates, and I will add the points for the specific tasks.

@musketeer, @BuggyMan, @CristinaC, @pije76, @syed.quadri81, @chan123, @dotrading, @Iqbal, @Kunal please check your number of points and let me know if I made a mistake in counting them.

[MrAdmin]

I've just completed the lucky draw for task 5, and the winner is @BuggyMan

Congratulations, @BuggyMan

 

 

[MrAdmin]

Task 6/8 [Jul 4 - Jul 6] Share your Walbi ref link, inviting people to test it on your social media profiles, public groups, in public forums,  etc. (each share is worth 5 points max 40 points)

Here is how to get your personal referral link on Walbi

Step 1 - Access the bonus and rewards center in your Walbi account

Step 2 - Access the referral program in the Bonus center

Step 3 - Get your referral link from the referral program

[⭐ Kunal]

6 hours ago, MrAdmin said:

Hello folks,

1. I've counted the points for users enrolled in the Walbi CryptoContest. Interestingly, members in places 1 and 2 are close in terms of points, just three tasks before the end.

2. Very soon, we will have the lucky draw for task 5; I will post task 6, WHICH IS THE LAST TASK, when someone can still enroll in the contest and do the tasks from the beginning to gain points. If you want more points for a task, you can still send updates, and I will add the points for the specific tasks.

@musketeer, @BuggyMan, @CristinaC, @pije76, @syed.quadri81, @chan123, @dotrading, @Iqbal, @Kunal please check your number of points and let me know if I made a mistake in counting them.

I've not got the points for task 3.

https://indo-investasi.com/topic/92882-crypto-earning-contest-410-in-prizes-sponsored-by-walbi--💰💰/?do=findComment&comment=715018&_rid=47974

 

Edited July 4 by Kunal
link added

[MrAdmin]

8 hours ago, Kunal said:

I've not got the points for task 3.

https://indo-investasi.com/topic/92882-crypto-earning-contest-410-in-prizes-sponsored-by-walbi--💰💰/?do=findComment&comment=715018&_rid=47974

I fixed it, but please send me the screens again.

[⭐ Kunal]

16 hours ago, MrAdmin said:

Task 6/8 [Jul 4 - Jul 6] Share your Walbi ref link, inviting people to test it on your social media profiles, public groups, in public forums,  etc. (each share is worth 5 points max 40 points)

Screenshots sent.

Which is my Walbi link?

[MrAdmin]

29 minutes ago, Kunal said:

Screenshots sent.

Which is my Walbi link?

I've created a short tutorial on how to get your ref link. Please check it 2 posts above

[MrAdmin]

Hello, folks,

As it was the weekend, I decided to extend the competition for task 6 to an extra day. So we will do the lucky draw and announce the following task tomorrow!

Users that completed task 6 already: @musketeer, @Kunal <-- you can send more shares for more points