Simply put, let's talk about reducing the loss of Binance Alpha points:
1. Update to the latest Binance app (some features are only available in the latest version);
2. Customize the 'Priority Mode' each time you buy, set slippage to 0.2%. Low slippage means that purchases may fail when token prices fluctuate greatly, reducing risk; choose the least network fee, currently the minimum is 'Normal'. Sometimes normal network fees can spike, so just wait, the network might be congested, don't pay extra unnecessary fees;
3. Quick sell. Once you see the purchase is successful, immediately switch and sell. The current default configuration is fine; no need to change it. The actual situation can be quite complex with fluctuations, unilateral ups and downs, etc. Generally speaking, quick selling is a more reliable method;
4. Combined with point 2, do not make large purchases or sales at once, especially for those with poor liquidity. Specifically, look at the liquidity size; try not to exceed $512 in a single transaction. Large trades can easily cause significant fluctuations and increase risk;
5. Observe. For candlestick charts, select 'Minute', and for the indicator below, select 'Vol' for trading volume. You can clearly see the recent pump and dump situation. This requires a sense of the market, and everyone feels differently.