Tacacian
--
Bearish
I have given up #alphabinance because:
Discussing the story of grinding points #BinanceAlphaAlert and trading events
Today is June 8, 2024, the alpha limit to receive air is 233 - always ATH.
In the past, with an average profit of over $100 per trade, I calculated to trade 18 points a day, so after 15 days, I would have 270 points. At least 5 trades are possible. Trading fees are about $10-13/day, resulting in a profit of $305-350 over 15 days.
However, with the rate of point increase and the decrease in airdrop rewards like this, I am gradually unable to endure it. Grinding points to increase volume for the BSC system, the profit does not cover the fees. If points keep skyrocketing like this, I estimate only 2 trades a month, around 160$ after fees, it would just break even or incur losses.
The trades that returned rewards did not meet expectations, so now I have lost points and cannot receive anymore.
The only way is to increase volume, doubling the fees to add one point a day.
I switched to grinding volume for event trading, but the volume pushed up to the sky while the rewards were only 60-100$ depending on the trade. I placed a limit order to get volume x3 according to the new order, but it dropped 10% in one stick, accidentally turning into a holder at the peak.
Is the market about to end, everyone? Because today I decided to give up. I wish everyone many good trades.
Discussing the story of grinding points #BinanceAlphaAlert and trading events
Today is June 8, 2024, the alpha limit to receive air is 233 - always ATH.
In the past, with an average profit of over $100 per trade, I calculated to trade 18 points a day, so after 15 days, I would have 270 points. At least 5 trades are possible. Trading fees are about $10-13/day, resulting in a profit of $305-350 over 15 days.
However, with the rate of point increase and the decrease in airdrop rewards like this, I am gradually unable to endure it. Grinding points to increase volume for the BSC system, the profit does not cover the fees. If points keep skyrocketing like this, I estimate only 2 trades a month, around 160$ after fees, it would just break even or incur losses.
The trades that returned rewards did not meet expectations, so now I have lost points and cannot receive anymore.
The only way is to increase volume, doubling the fees to add one point a day.
I switched to grinding volume for event trading, but the volume pushed up to the sky while the rewards were only 60-100$ depending on the trade. I placed a limit order to get volume x3 according to the new order, but it dropped 10% in one stick, accidentally turning into a holder at the peak.
Is the market about to end, everyone? Because today I decided to give up. I wish everyone many good trades.
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