Current situation of Binance Alpha: After the collapse, score grinding strategies were adjusted; how did I 'dance on the knife's edge'?
First, let's talk about the current situation: I'm still grinding Binance Alpha, but I've gone from a 'family mobilization' to just keeping two accounts.
Someone asked: 'It's all collapsed, do you still dare to grind?'—Don't rush, let me explain.
Comparison of the number of people grinding points before and after the collapse (16 points level):
Before the collapse (June 12-14): 115,000~118,000 people.
On the day of the collapse (June 15): 87,000 people (directly halved).
After the collapse (June 16-18): 54,000~74,000 people (the lowest point dropped over 50%).
Why have half the people left? Three reasons:
Scared: ZKJ and KOGE collapsed, and no one knows who will be the next.
Earned less: I used to think 100 dollars from an airdrop was too little, now I'm grateful for 50 dollars.
Cannot grind: scores are getting higher, small capital players are directly discouraged.
But the greater the risk, the fiercer the opportunity!
It used to be 'too many wolves and too little meat', but now half the people have left, and competition has decreased—those who persist in grinding may actually get more meat.
Now grinding points is like 'toxic circle survival'—slow hands lead to death! My operation:
Guerilla warfare: absolutely do not stay with one cryptocurrency for long! After the collapse, I have ground MYX, AB, BR, and after grinding, I withdraw, absolutely do not look back.
Speed is crucial: grind 8 transactions (8000 dollars trading volume) per day, finished in 3 minutes. The shorter the exposure time, the lower the risk of being pinched!
Gave up 16 transactions, switched to 8: 16 transactions only yield 1 more point than 8, but the risk doubles—do not be greedy to live longer.
I previously got my brother, parents to register together, but now only keep my brother's account—because he is the only one around me who can operate anytime.
Parents at home? Video call to watch the grind?
In this market, even a second's delay could lead to collapse, so just let them 'retire'!
If you choose 'to resign', I completely understand—if you don't play, you won't worry, there are plenty of opportunities.
But if you still want to give it a shot, remember: less is more, fast is steady.
My survival principles (practical version).
Guerilla warfare.
Absolutely do not cling to battles! Recently, I rotated through multiple cryptocurrencies like MYX, AB, BR; whichever is safe to grind, I grind and then withdraw.
Lightning war operations.
Now only grind 8 transactions (8000 dollars trading volume) to get 14 points.
1000 dollars per transaction, battle ends in 3 minutes.
The fewer times you take action, the lower the risk of being pinched.
Streamline accounts.
Previously used family accounts for multi-accounts, now decisively cut them off:
Parents are at home, remote operations are too slow → stop using.
Only keep my brother's account → ensure operational efficiency.
Important reminder.
Current Alpha is like a 'toxic circle':
The longer the exposure time, the more dangerous it is.
Be like a special forces soldier: fast, accurate, and ruthless; take the points and withdraw.
If you find it too stimulating, choosing 'to resign' is also very wise. The most important thing in investing is mindset; worrying every day is not as good as seeking new opportunities.