$BTC Binance does not have spot contracts. Consider two situations to make money.
(Only talk about those who can make money, and explain the principle later, taking bigtime and ethw as examples)
1. Before the launch, it has been rising sharply and continuously, and the market value is 100 million and going up, such as ethw. The more it rises, the larger the circulating market value is. Don't touch it. If the callback falls through, as long as the market value is still 300 or 400 million, don't touch it.
But if it falls by 75-80%, you can buy the bottom. For example, ethw is launched at 3 dollars, then it can buy the bottom when it returns to around 0.8 dollars. If not, don't look at this garbage. The same analogy can be made for other large market values.
2. Before the launch, it is relatively small, with a market value of less than 100 million, and it is best to have a market value of less than 30 million. If the market value is small, the proportion of circulation controlled by the project party is still very high, and the actual circulation may be several million US dollars or 10 or 20 million US dollars, which is better. The circulating market value is less than 20 million, and the pin can be bought continuously, such as bigtime. You can make money by inserting a pin.
The principle of making money
In the first case, before going online, the market value of several hundred million is relatively large. The dealer can collect a lot of chips. If he wants to make money and cash out, he must smash the market. There is no doubt that the method of playing the fishtail market written above is directly applied. The decline of 75-80% of the average opening price is a bottom-fishing. The dealer will clear the short order in this range, and the short position is to buy more. The actual situation may be slightly different. Make adjustments by yourself and adapt to the situation.
The second case is relatively simple, and it is more enjoyable to make money. The market value itself is very small. For example, bigtime may be 20 or 30 million. If it plummets, for the dog dealer, he can manipulate the contract on Binance to make money with very little money. It is so enjoyable that the project party can laugh to death in sleep. Buy directly when the pin plummets, and sell directly when it rises by more than ten or twenty points. Stare at one and make money for a year.
In the future, Binance will definitely encounter many similar cases. If the circulation is not very small, but the proportion of chips controlled by the project party is very high, the real circulation is still very small, which is also very practical.
For the dealer or project party, once a contract with a very small market value is installed, it is like starting a money printing machine. It is impossible not to continuously pull up and smash the market and make profits.Key observation objects.