The first edition is here...

and we packed on the fun.

Author

BullRush
September 27, 2024

MARKET NEWS
(aka “Why We Can’t Have Nice Things”)

Buckle up, folks! The markets are more volatile than a trader on their third energy drink. With inflation fears looming and tech stocks doing the cha-cha, it’s the perfect time to jump into the BullRush demo pit and test those “buy high, sell higher” strategies. Word on the street is that crypto’s back in vogue… until Elon tweets again. 🤷‍♂️

  • The GoldRush is Back! And all eyes are on the FED

  • Macro news to keep watching:
    ✒️US Inflation Report and Federal Reserve policy.

     📣US Presidential debate and elections

Crypto Winners: UNIUSD and ETHUSD

BullRush Crypto Competition

Over the past few weeks, both UNIUSD (Uniswap) and ETHUSD (Ethereum) showed significant volatility, capturing the attention of traders in our crypto-only fantasy trading competition, the CryptoManiac Weekend. UNIUSD experienced a sharp price movement, driven by rising DeFi activity and renewed interest in decentralized exchanges. Players ‘capitalized’ on these swings to maximize fantasy profits, as Uniswap's trading volume surged.

ETHUSD, meanwhile, remained a favorite due to Ethereum’s continuous role as a foundational asset in the crypto space. Its price fluctuated, reacting to recent network updates and increased demand for decentralized applications (dApps). 

These two assets topped the competition charts because their volatility provided ample opportunities for both short-term gains and larger plays, appealing to players looking to outmaneuver the competition in a high-stakes, fast-paced crypto environment.

New Competitions

Flex Those Trading Skills!

We’re rolling out several new competitions this month, including the $5-Entry Profit Quests, Trader Trials Tournament and more. Show off your skills (or lack thereof), climb the leaderboard, and win real cash.

Pro Tip: The leaderboards update instantly, so don’t forget to humble-brag when you’re on top. (Just ignore the nosedive after lunch.)

New Feature: Badges 

Traders, it’s time to show off more than just your “diamond hands” with our shiny new BullRush Badges! You’ll now get sweet bragging rights for doing what you do best: joining 10 competitions (Rookie Competitor), winning a competition (BullRush Competition Champion Badge), and even answering trivia (Trivia Titan). Got a thing for trading crypto only? Here’s your Crypto Barron badge! 

These aren’t just participation trophies – they’re proof that you’re out here crushing it. So go ahead, earn them all and let your badges do the talking while your competitors cry into their portfolios.

COMPETITION TIP OF THE WEEK

This month’s trading tip: Know when to walk away. Whether you're up or down, there’s a time to step back and say, “Enough’s enough.” That’s right, your best trading decision might just be knowing when not to trade. So before you double down on that “sure thing” or chase your losses, take a breath, grab a coffee, and remind yourself – there’s always tomorrow.

Trader Hall of Shame

We love success stories… but colossal failures? Those are even better. This month, shoutout to @WilliamBrasil777 who was way ahead of all 11K traders in the $10K Launch Competition but got ‘DQ’ for dipping below the Daily Drawdown.

Impressive dedication to losing! Don’t worry, you’re definitely not alone. 👀

You YOLO, you lose folks…

Funny bits aside, BullRush is 100% committed to fairness and good sportsmanship. We create competitions that reward trading skills instead of sheer luck and that’s why we invented dynamic leverage, we use strict daily and max drawdowns and much more.

and now for more fun…"When You YOLO, But the Market Says No-No"

Every month, we’ll feature the most tragically hilarious trading moments. Got a meme that embodies your last portfolio wipeout? Send it our way for a shot at meme immortality.

That’s it for our very first edition of BullRush Insider! Hope you like the new witty format, and if you don’t, reply back and let us know.
Now, if you are ready to jump back into the action BullRush is calling your name. Your next big win could be one trade away!