【Tenfold Real Account Challenge Binance ALPHA Short】 (Day Eight) ——As long as Binance Alpha has contracts, go short ——Challenge to earn 50,000 U from 5,000 U (3x leverage per coin per position)
Today's total amount: 4,616 U (Today -510 U Total -384 U) Currently shorting eight tokens $B $PORT3 $NEWT $SPK $newt $OL $sahara $home Going long $BOB Previously, I was shorting at 900 U per single coin position with 300 U margin, after today, I will consider 1500 U per single coin position with 500 U margin for shorting.
Daily Operation Preparation and Reflection: 1⃣、 I lost a big amount shorting $DMC earlier, and with other coins retracting, I actually started to incur floating losses, which made me deeply reflect: Firstly, the earlier shorting positions were not in place, many coins dropped but only made a little profit; Secondly, I chose to mark the range, surprisingly, I shorted $bananas31 in the past few days, strong coins should not be shorted, only weak alpha coins can be shorted; Thirdly, many alphas have already dropped a lot (over -30%), so there's no need to short anymore, take profits in time, and don’t consider further rebounds, as there will always be new coins launched.
2⃣、 Improvement Summary: - Position: Short any coin with full force (never short a little first and then add positions later) - Coin Selection: Only choose alpha coins that have recently launched contracts and haven't dropped much; short immediately if the launch has no negative interest rates, wait for high negative rates to weaken before shorting, especially those that accumulate every hour. - Position: Don't always think about selling at the highest point, weak varieties will continue to drop;
3⃣、 Small Tips With the significant rise of $H, I found that going long really makes money faster than going short, so which alpha coin can I go long on? Previously, I didn't short $H because I noticed its unusually high negative interest rates when it was at a low position. So I summarized that alpha coins that have already dropped significantly, have a very small market cap, and have unusually high negative interest rates can be tried for going long. So now I am trying to go long on $BOB.
【MeMe Hundred Times Real Challenge】(Day Five) ——Main strategy is to buy the dip of the golden dog with a 90% drop, aiming for low frequency, low multiplier, and high win rate ——Challenge to go from 6 sol to 500 sol (if it reaches 20 sol in the short term, increase to 40 sol)
Today's account balance: 9.67 sol (Today +0.5 Total +3.7 sol) Today's holdings of 5 meme: $imagine $Trenches $YOURSELF $POKE6900 $MOONCOIN Currently, all bought at 1 sol, after exceeding 10 sol, invest 15% of total funds per coin -----------------------------------------------------
Daily operation preparation and reflection: 1⃣、Sell all $titcoin after holding for more than 72 hours; also made a profit on yesterday's orders of $POKE6900 $MOONCOIN. Since trying to buy the dip of the golden dog for 8 days, the overall win rate is 80%.
2⃣、Today, placed an order at the 75% position for the golden dog $TRY, $MOONCAT is also under observation, placed a 90% drop order.
【MeMe 100 Times Real Challenge】 (Day 4) —— Main strategy is to buy low on the Golden Dog with a 90% decline, aiming for low frequency, low leverage, and high win rate —— Challenge to grow from 6 sol to 500 sol (if we reach 20 sol in the short term, then increase to 40 sol)
Today's account balance: 9.18 sol (Today +0.75 Total +3.18) Today's holdings: 4 meme tokens $imagine $Trenches $titcoin $YOURSELF At this stage, buy 1 sol, and later invest one-tenth of total funds for each coin
Daily operation preparation and reflection: 1⃣. Yesterday's $MONKEPHONE was solidly sold off, it was still a mistake for not following the rules, doubling the target after returning the cost and observing for 72 hours. Following the same pattern, today $MOONCOIN is placed at a 75% drop position.
2⃣. Sold $Italianrot, bought $YOURSELF. Last night I missed $VINE, and the order failed to execute; otherwise, I would have already made a 90% profit. So I immediately adjusted the buying slippage and priority fee quietly.
【Binance ALPHA Short Selling Challenge】 (Day Seven) —— Just short sell on Binance alpha contracts —— Challenge to turn 5000U into 50000U (3x leverage for each isolated position)
Today's total amount: 5125u (Today -535u Total +125u) Currently shorting eight tokens $PORT3 $DMC $NEWT $SPK $RESOLV $OL $B $BOB
Previously, I was shorting with a single coin position of 300u at 900U margin. After today, I will consider a single coin position of 1500U with 500U margin for short selling. -------------------------------------------------------
Daily operation preparation and reflection: 1. Catastrophic huge loss! The largest loss came from bananas31, losing 420u in one trade, which led to my deep reflection. Firstly, I irrationally added margin to hold on; initially, I should have just accepted the loss of 300u, but I couldn't stand it and only stopped loss later. Secondly, I chose strong stocks outside the alpha range to short, but I should have chosen weaker varieties to short; the lower the price, the more I should short.
2. Profit has three dimensions: position, selection, and location (buy and sell points). For selection, I insist on shorting the targets on Binance alpha contracts, and then find varieties within that have no negative interest rates and are weak in trend; for location, I shouldn't always think about selling at the highest point; weak varieties will continue to fall; for position, I must fully commit; I shouldn't think about entering with a small position just because the price is low; either wait for a rebound to fully commit, or don't enter at all (this is my biggest mistake at this stage).
Only by doing all of these can I rely on winning rates for success. I firmly believe that Binance alpha varieties generally decline more than they rise.