How to pour the $nxpc from 1.2 onto Chuanmu's head at 3.5?
Discuss how to set trading expectations for @binancezh Binance Alpha.
When most people are trying to figure out how to minimize wear and tear while grinding various Binance Alpha, as long as you know how to sell and trade, the wear and tear isn't a big deal, especially for someone like Adventure Island with big funds.
Occasionally, there will be large funds coming out during Binance Alpha.
Before the market opens, the known information:
Known: Adventure Island NXPC will be listed on Upbit, and major exchanges have contracts opening at 2:30.
Conclusion: Other exchanges have no chips, chips are in the Korean market, Upbit needs to meet liquidity requirements before listing, and earn fees with contracts before the announcement.
Known: Various KOLs use comparative valuation calculations (sand gala) with the current market value between 2-4, and the pre-market price on major exchanges is around 2.
Conclusion: The safe boundary for purchase is below 2, and according to the Alpha airdrop rules (as shown in image 1), based on pessimistic valuation, valued at 100u, the extreme condition is to buy at 0.5.
Known: The airdrop is 23.6% to Alpha for Alpha, 8.5% to the community, and Binance opens at 3:30.
The sell-off is significant, occurring at 3:30, with subsequent expectations for Upbit, and Koreans have a sentiment towards Adventure Island.
In summary: Purchasing below 2 has a certain payout ratio, can take a position, and 0.5 is the extreme condition, serving as a supplementary purchase point.
Post TGE:
The chain opens first, starting around 1, for the specific process see my previous post. Buy the initial position of 5000 dollars at 1.193.
Regarding fees: -2% (as shown in image 2)
Chips are in the Korean market; you can refer to my previous posts on using spot control to manage fees.
The biggest support for shorts is the large airdrop, then the high market value.
The bullish side is the expectations of Upbit to deal with selling pressure.
So after buying, how to decide on the selling space? Should it be sold on Binance or Upbit, as Upbit has not yet announced the timing.
Regarding Upbit trading.
After Upbit's announcement of the token, liquidity will be provided based on market conditions, starting trading once liquidity is met.
In the announcement for listing, the price reference range for the token is set at 3.71, and the liquidity point where orders are not densely filled is at 3.43. (as shown in images three and four)
At the same time, the contract fee rate decreases, and the term is smoothed out.
Conclusion: Most early airdrop holdings are used as project treasure for locking in value, and have not entered the 4h fee settlement point.
In summary, sell at 3.5, turning pig's foot rice into luxurious pig's foot rice.
All operations are not hindsight, first discussing in the community, the rest is for the atmosphere group.
Poor @xiaomucrypto, Chuanmu's boss takes over, this article mainly discusses trading thoughts, with no intention of mocking the experts, my old friend please bear with me.
