The day before yesterday, I wrote an article about whether an ordinary person can achieve a salary income in a month relying on Binance. As a result, many people in the comments asked me to write an alpha beginner tutorial. I kept delaying it because I felt it didn't require much technical skill, and I didn't want to create a tutorial. However, after understanding, I found that many people still do not know what alpha is or how to do it. Some who are doing it find the cost of trading every day too high. Today, I will provide a pure beginner tutorial, including how I control a cost of 3-3.5 U to trade with a volume of 65536 to earn 16 points every day.
First, open the Binance APP homepage, find the alpha window and entry area. I habitually add it to my desktop for easy access each time. You can see the example in the image below.
If you don't have it, you can click on the bottom to find more and add this entry.
After entering, you will see the lower figures 1 and 2. Daily points are calculated based on your asset balance and daily trading points. The total daily points (for details, see the rules clearly stated in image 1). My operation is each account has 1000U in assets (this asset includes all your assets, not limited to USDT) and daily trading points of 65536+. (To trade 4 times the tokens, you only need to trade around 16,000). Note: it is to trade tokens in the alpha area daily, not to trade alpha tokens (many beginners initially trade this token; I did at first). You can look at figure 3 below, click on alpha and then click on points to display the tokens for 4 times the points (4 times means that if you buy 1000U, it will actually count as 4000 in trading volume).
Based on the above description, you should have a clear understanding of what Binance's alpha activity is, right? Next, I will explain how beginners can maximize their benefits. First, your asset should have 1100 USDT (because 1000 assets earn 2 points daily, using around 1000 USDT will make it easier to earn points). If you really don't have more than 1000, then a few hundred will do. For daily trading, I personally recommend beginners trade for 15 minutes. This is because trading can easily lead to being squeezed (being squeezed means that after you buy, the price suddenly drops, resulting in losses). After all, we are here to profit, not to provide liquidity (although the purpose of this activity is to encourage people to provide liquidity). So how should we arrange daily trading? If you are a beginner, I suggest you just focus on trading stable coins daily. Do not trade high-risk coins. What are stable coins? They have price movements that, when switched to a 15-minute K-line, look like a straight line, with sufficient liquidity on the chain, then they are stable, as shown in the lower figure 1.
Yesterday, many people in the comments said that achieving a stable loss of about 3.5U daily while trading 4 times the tokens was challenging and easily squeezed. Below, I will share my operational thoughts. First, look at the lower figures 1 and 2. I have a habit of putting U into a demand deposit after trading each day and redeeming it back the next day. The image clearly shows how much U I redeem and subscribe each day, indicating that my daily loss is around 3.5U. The time on the left also shows that it generally takes less than 10 minutes to finish trading for one account daily.
How can we control such stable losses every day without being squeezed? First, when we start trading, we observe the K-line trend at each token point. If there are 3-5 consecutive 15-minute K-lines with little fluctuation or an upward trend, it proves to be feasible. Once identified, directly enter the trade, observe for about 30 seconds to see if the price's upper and lower limits are high. If not high and the K-line meets the requirements, then you can start trading directly. Through reverse orders, the price stabilizes for 30 seconds; if your speed is fast, you can trade 20,000 to 30,000 in 30 seconds using 1000U. If the price stabilizes for a minute, congratulations, you can basically finish your trading within a minute today. The lower figure 1 shows the upward price trend I mentioned, which is also the POP I traded this morning.
The upper left figure shows price stability, while the right shows buying and selling directly through reverse orders to complete immediately. Note: Your purchase price should be slightly higher than the price on the left for a quick transaction, and your selling price should be lower than or equal to the left price to start trading. The longer the left price remains stable, the quicker you will finish trading. If the left price appears very uneven, wait until it displays 3-5 identical prices. When you input, just go a bit above that balanced price to make a trade (this is called surviving in the cracks). What does that mean?
You can see the figure below; it shows that when the price is unstable, we can still trade. You can see that the price 0.0090650 has a high appearance frequency. We can set a buy order at 0.0090651 while setting a sell order at either 0.0090650 or 0.00906499. This is surviving in the cracks because this price might change to another stable number in the next second. Thus, careful observation is needed before trading. New traders are advised to observe more and start with small amounts; do not rush into trading hundreds or thousands of U. It’s about quickly finishing trading, but if you get squeezed once, it can be quite painful. Some have been squeezed for thousands of U, while others only a few hundred U. We come to this market for profit, not to provide liquidity. It’s better to spend more time than money.
Finally, let's summarize. I believe that alpha is the best place for retail investors to obtain stable profits every month. An account can average monthly profits of 300-600U. If you have a family, you can manage at least 5 accounts. If you are single, you can also manage 2-3 accounts. The profit from 5 accounts monthly would be guaranteed to be between 1000U-3000U; taking the average would be 1500U, converted to R, that would be 10650. This is considered a medium to high salary in first-tier cities, right? Not to mention in third and fourth-tier cities. Moreover, Binance has many small tasks; here you can earn 3U, and there you can earn 10U. As long as you have execution ability, I personally believe that with just one Binance account, you can earn an ordinary person's salary.
Actually, this month my alpha income has already reached 1400U. Of course, this month is an exception because there are too many large rewards this month, each one is 100-200U, and the highest can reach 500-600U...
Alright, this is the alpha tutorial you have been urging me to write. If you have any questions, feel free to leave a message in the comment section below.
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