During the May Day holiday, Binance withdrew from the limit price double points activity.
I tried it out, placing orders slightly below the lowest price of the last two days based on the 15-minute chart, and out of 5 orders, there was a chance to execute 4. Then I woke up to see that basically all had a small increase. The amount of the limit orders wasn't too large, so it was okay to lose some. Any profits would cover a bit of the transaction fees. This is different from the usual strategy of speculating on low-quality coins.
The biggest surprise that day was that the gork I had placed orders for two days actually got executed at a limit price in the middle of the night.
When I woke up and checked, there was a significant surge, tripling in value, and without thinking, I sold it. I caught a airdrop profit, enough to cover my transaction fees for 15 days.
Although holding it a bit longer would have earned me more. But I think it’s unnecessary, because this isn't meant for everyone to speculate on low-quality coins for profit. The point of grinding points is for airdrops and new listings; the biggest taboo in trading is to confuse primary and secondary goals. Changing one's purpose and strategy.
I hope everyone makes more money, and by the way, give my little brother a thumbs up!
