Executing Dollar-Cost Averaging Plan = Sending Binance Alpha Points?
It's disappointing, I've been brushed off by Binance.
This time's Alpha airdrop is for $SIGN , and the qualification is 65 points.
I usually just grab airdrops and look for information on projects with unreleased tokens; I'm really not used to trading every day, and I don’t even open the Binance App daily, so naturally, I can't meet this time's standards.
I don't want to buy meme coins, and I don't boost trading volume (the wear and tear on small coins plus slippage could add up to $1; in 15 days, that would be $15).
So I set a dollar-cost averaging plan for myself, which is only suitable for the Binance Alpha zone where the coins you want are available, and whether to convert back to USDT is up to you.
According to the rules, maintaining a balance of $1000 for 15 days = 30 points, which is a guaranteed minimum to earn. Let's also calculate the points after 15 days considering the trading volume:
Trading $2 = 1 point, final = 60 points
Trading $32 = 5 points, final = 105 points
Trading $256 = 8 points, final = 150 points
Trading $1024 = 10 points, final = 180 points
I think I can start with the standard of 105 points.
Because it just broke a hundred, and the monthly dollar-cost averaging amount is roughly manageable within $1000, the burden shouldn’t be too heavy, or you could buy in and sell half, which would maximize fund efficiency and reduce the risk of price volatility, but this would incur transaction fees twice.
It’s easy to imagine that what I want to buy is $ZETA. I will put the reasons in the future posts, and if $ZETA goes live on Binance spot, I will have to replan.
