How to trade on Binance Alpha?
Today I woke up to see that I made a profit of 50U from yesterday's purchase, so I quickly sold it. The other coins I bought are in a loss state. I'll share my operations, just for everyone's reference.
1️⃣ I like to buy meme coins that have dropped significantly.
Of course, I need to choose those with high popularity and large trading volume. I buy for a rebound and learn about the second phase of meme trading; currently, organizing is profitable.
2️⃣ Quick trading, looking for coins with low slippage and decent trading depth.
For example, $B2, I just bought 400U, setting the buy slippage at 0.1% and sell at 0.2%, trading back and forth quickly with almost no cost. So why is the gas for trading on BSC a bit high?
Binance Alpha is slowly cultivating my trading habits; it’s quite scary, making a newbie like me start playing the second phase. I prefer making money through swing trading, but of course, there are times when swing trading incurs losses. Therefore, everyone can choose a way that suits them to earn alpha points.