At this point, is it still worth it to grind Alpha?
Recently, many people have been talking about quitting their jobs, some may just be casually saying it, while many are genuinely exhausted 😿
Ultimately, it's still about increased investment and decreased returns. It's not just about financial costs, but also the investment of time and energy.
Every day, you have to research which trading pairs to choose, which paths have the least wear, and constantly worry about suddenly being hit with a big loss. All of this is very taxing.
Back in April-May, consistently grinding for 15-16 points each day, combined with capital retention, you could rake in over 10,000 in a month per account, and if the selling price was just right, it could be even more.
Stable cash income differs in mindset from gambling on cryptocurrencies. This is also why many people were willing to grind every day before 🤖🤖
According to shared data, there are over 90,000 people daily exceeding 16 points on-chain, not counting those grinding on exchanges.
If we consider a median grind of 16 points + 2 deposit points, you might only be able to claim rewards 2 to 3 times in half a month with 18 points. So in a month, you could only claim 6 times, at an average of 100U per claim (possibly even lower), totaling only 600U. After deducting the daily wear of around 5U, 🤡 you'd have only 450U in net profit for the month 🤡
Going from earning 10,000 a month to 3,000, while also bearing numerous risks and spending time and energy, has led many to be unwilling to continue.
Studios are still constantly adding accounts because for studios, it's a big account. With 100 accounts, even if each account only nets 200U a month, it's still profitable, so the claiming threshold keeps rising and is hard to lower.
If you ask me now whether it's still worth grinding, it depends on your expectations for earnings. If you think earning 3,000 a month is decent, then keep grinding. If you have other stable cash flow channels in the crypto space, I suggest giving it up, or wait until your recent penalty points are made up, then claim any airdrops before quitting.
If you want to continue, I suggest grinding with your wallet, with the path: KOGE-ZKJ mutual grind, slippage 0.05. Under the condition of not being squeezed, 16 points wear about 5U, and 17 points wear about 8U.
As for how to improve, we can't influence Binance's decision-making, and there may not be particularly good methods; in fact, Binance has been making efforts regarding rules and risk control. It's evident that risk control measures are being strengthened, but they still haven't been able to contain studios.