Dear friends who are trying to earn alpha points!
I don't have many assets, so to increase trading volume, I always have to trade multiple times. It's great that Binance has reduced transaction fees; even if I conduct many transactions, the fees are negligible.
Based on my experience trading alpha, I share this for everyone to try, and if it works, please like this post for me. If you have better methods, please comment so I can learn more.
1. I prioritize the BSC network because it allows for 2x trading volume. That means if I buy 1024, it will be counted as a volume of 2048.
2. Set the buying amount just right, don't stray too far from powers of 2. Like 1025, 2049...
3. Prioritize coins with a large market cap and high liquidity. This way, the chances of slippage will be lower. Currently, I am following the ZKJ coin.
4. Choose coins with separate reward pools on BSC and Sonic to earn a little back.
5. Set slippage to be adjustable and low, I usually choose 0.1; speed "fast". Since the speed fee is the same, just choose fast; why not?
6. When buying, wait for the moment when you can get the most tokens. That is, with 1024 dollars, wait to see when the number of ZKJ tokens is the highest before clicking buy. When selling, after each load, wait for the best price to sell.
Note: Due to display issues, matching orders is another thing, so I am not sure that selling will yield a high price, I just hope to get the best price possible.
Thank you all for reading.
I wish everyone gets high points and qualifies for rewards.