Binance Alpha New Regulations First Day, are partners generally suffering heavy losses?
It's uncertain whether the content of the map is just a joke, but today I've seen the same statement multiple times on different channels, at least indicating that people have significant concerns about the new Alpha regulations.
However, if we abstract the behavior of inflating trading volume in Alpha and completely ignore transaction costs, spreads, and slippage, then essentially it is: buying a coin at a random point in time, then selling it as quickly as possible, and continuously repeating this process.
From the perspective of probability theory, this is a purely random process that relies on price fluctuations.
🤔 Main factors determining profit and loss: