Current state of Binance Alpha: After the collapse, trading strategies have adjusted, how am I 'playing with fire'?
First, the current situation: I’m still trading Binance Alpha, but I've changed from a 'family mobilization' to only keeping two accounts.
Someone asked: 'Since everything has collapsed, do you still dare to trade?' - Don’t rush, let me explain.
Comparison of the number of people trading before and after the collapse (16-point level):
Before the collapse (June 12-14): 115,000~118,000 people
On the day of the collapse (June 15): 87,000 people (directly halved)
After the collapse (June 16-18): 54,000~74,000 people (minimum drop over 50%)
Why have half the people run away? Three reasons:
Scared: ZKJ and KOGE collapsed, no one knows who will be the next.
Earned less: I used to think 100 USD airdrop was too little, now I'm grateful for even 50 USD.
Can’t keep up: Scores are getting higher, small fund players are directly discouraged.
But the greater the risk, the fiercer the opportunity!
It used to be 'many wolves and little meat', now half the people have run away, competition has decreased - those who persist in trading may end up getting more.
Now trading points is like 'surviving in a toxic circle' - if you are slow, you die! My operation:
Guerrilla warfare: Never linger on a cryptocurrency! After the collapse, I traded MYX, AB, BR, and withdrew immediately, never looking back.
Speed is key: trade 8 transactions (8000 USD trading volume) every day, finish in 3 minutes. The shorter the exposure time, the lower the chance of being trapped!
Gave up on 16 transactions, changed to 8 transactions: 16 transactions only give 1 more point than 8, but the risk doubles - not being greedy allows you to survive longer.
I used to have my brother, parents register together, but now I only keep my brother's account - because he is the only one nearby who can operate at any time.
Parents back home? Watch them trade via video?
With the current market, being a second slow could lead to collapse, just let them 'retire'!
If you choose to 'resign', I completely understand - if you don't play, you won't worry, there are plenty of opportunities.
But if you still want to give it a try, remember: less is more, fast is steady.
My survival rule (practical version)
Guerrilla warfare
Definitely not lingering in battle! Recently, I have been switching between multiple cryptocurrencies like MYX, AB, BR, trading the safest ones, and withdrawing after trading.Blitzkrieg operation
Now I only trade 8 transactions (8000 USD trading volume) to earn 14 points
1000 USD per transaction, battle ends in 3 minutes
The fewer times you engage, the lower the risk of being trapped
Streamlined account
I used to use my family’s accounts to manage multiple accounts, but now I decisively cut them down:Parents are back home, remote operation is too slow → Stopped using
Only keeping my brother’s account → Ensuring operational efficiency
Important reminder
The current Alpha is like a 'toxic circle':
The longer the exposure time, the more dangerous it is
Be like a special forces soldier: fast, accurate, and ruthless, take the points and withdraw
If you find it too exciting, choosing to 'resign' is also very wise. The most important thing in investing is mindset; it’s better to look for new opportunities than to be anxious every day.
Below are the scores of Dabai and his brother's two accounts: We made it through!!!
