Has everyone's Alpha ended?
Hello everyone! I can be considered one of the earliest users to join Alpha. Back when there were no Alpha points, I received a lot of airdrops at the beginning. Honestly, I didn't pay much attention to it at that time, thinking it was just a one-time airdrop, but I didn't expect it to continue until today. The best dividend period may have already passed. I remember back then, there were no limit orders, and the real-time transaction loss could reach 0.05%, which was already pretty good. From having no rules at the beginning to rules changing to a 15-day cycle of point deduction, I believe that most people, even studios, joined during the 15-day cycle of point deduction. After all, before the deduction mechanism was introduced, many people felt that points would be hard to catch up on. However, after the real deduction mechanism appeared, many individuals and studios rushed in. The number of Alpha users grew from thousands to hundreds of thousands, but the profit was still considerable. After all, there are too many projects wanting to join Alpha, basically every day, and occasionally there are surprises even on weekends. There was a period when several projects were launched in one day. Then came a turning point, the trading competition. Why is trading considered a turning point? Because trading competitions can amplify human greed. Coupled with Alpha's points, it can lead to a win-win situation, or even multiple benefits, making the entire market more competitive. The nature of the trading competition is also undergoing huge changes. Initially, project parties entered trading competitions just to collect fees and increase liquidity. The idea of listing contracts or spot trading on Binance has changed to harvesting Alpha point users to achieve their own goals. Most project parties feel that listing on the spot market might be a distant dream for them, so they prefer to harvest more from Alpha users. From steadily making thousands in half a month to a month of thousands, to hundreds in a month, it has become increasingly difficult. However, even so, there are still some profits now. To friends still participating in trading competitions, I have some advice. The current trading competitions are more competitive, so you have to be more ruthless. During stable times, push for the maximum volume. Why stable? Many times, it's bait set by the project parties. When you push 64,000 today, you may need 100,000 tomorrow. When you graduate, the market will become very volatile, with losses changing from 0.02% to 0.05% and even 0.1%. Finally, there are also trap bots that can take 5% from you. So you can only pull the maximum during baiting or give up early when you see significant market fluctuations! Also, friends participating in trading competitions should keep daily records as much as possible. I have always had the habit of making spreadsheets to record daily changes and the final scores that made it to the leaderboard. If you have the conditions, you can also try to do this. Below, I will share two spreadsheets I made, hoping they help. Since Taiko started, trading competitions have been about walking and cherishing. I have now completely grown into a low-income household, and indeed, I don't have much time for trading competitions anymore. After all, it's very competitive now. I even wonder where we should go after Alpha ends. I can't imagine where to find such easy meals. In short, I hope everyone has a wonderful future!