#Binacealpha - Look at the effectiveness, don't be FOMO by the numbers

The effect of the famous prize from the previous BSC trading competition, especially the high prize of Cross, has attracted many more players to this competition, bringing hopes for a valuable prize. Everyone is diligently trading regardless of whether the prize value is high or low, and in the end, we receive a ranking with record high volumes.

Many of us have had to push ourselves to the last minute but still missed the prize, losing both money and effort. Those who win the prize may show off, but deep down, they might not be very happy because sometimes the prize money is less than what they invested 🧐. Even if we say that exchanging prizes for points may not necessarily be enough to cover the costs.

Therefore, in this competition, the final winners are only Mr. Bằng and Mr. Dev, with profitable traders being the exception. This shows us that the Alpha is becoming increasingly difficult and is no longer as easy as in the early days. The $ machine mode has been activated, and smart trading bots are draining traders until they are worn out. To adapt to the changes, everyone should choose selective plays; don't chase quantity, but ensure the goal of farming points and making profits from ranking. Don't be FOMO by those numbers. Everyone has different perspectives and ways of playing, but the ultimate goal is effectiveness. Don't let yourself become a worker for free for the exchange and the dev as what happened in the last competition.

Wishing everyone continued effective and safe Alpha trading. I say this, but I still talk a lot; the thing is, I’m a full-time farmer, so I have some advantages, so I rarely miss competitions 😍.