The performance of Binance's Alpha is really impressive
I previously took quite a bit from AIOT, but I sold everything around 0.23, not expecting it to double
Binance Alpha turns out to be not only an airdrop benefit for retail investors but also a low market cap, providing benefits to investors.
These VC coins, many of which have a circulating market cap of only 10 to 20 million, would not have had such a low market cap a year ago
But now, Binance Alpha has provided a channel for low market cap
Note that Binance Alpha is generally divided into VC coins and Meme coins; past Meme coins are generally not worth buying when they lose their hot spots. You just need to click on the 'BSC' section in Alpha, and then filter through the VC coins launched on Binance Alpha
I have already purchased quite a bit, just waiting for the pump.
My operations these days can be considered a failure, and shorting has caused a significant profit drawdown.
Recently, there have only been three profitable operations:
1. Shorting gold, which has indeed made quite a bit of profit; I've held the short position until now, and the 10x short is already up by 80%.
2. $Bitch, which I originally heavily invested in for a 200% profit, has now drawn back significantly, and I'm only at 30%.
3. Lastly, I rushed into $AIOT yesterday; yesterday on Binance, the AIOT contract was the token with the lowest market cap in Binance Alpha. I saw it and immediately went in heavily, and I also made quite a bit of profit.
However, the above three operations only helped me reduce the drawdown from my shorts; after all, making the wrong big directional bet has indeed lost me a lot of money.
Sigh, I'm really curious how those perpetual profit bloggers do it; I'm so envious. I will never be a perpetual profit blogger again.
On Labor Day, while still busy with my studies, I should take a walk to clear my mind; just taking a glance at the market occasionally will suffice.
I won't participate in the pre-sale of this Meme coin by Yua Mikami, they've already written 'greed' on their face!
1. No hard cap, unlimited fundraising for 72 hours, they've written 'scam' on their face.
2. Such a hot project will attract a bunch of scalpers, can you compete with the scientists?
3. The tokenomics is unreasonable, 50% of the coins go to Yua Mikami herself (which is actually for the team behind her), and they're locked until 2069. Do you really think it's locked? It's just a façade, it's all sellable.
4. Yua Mikami has been invited to various cryptocurrency-related events multiple times, clearly she knows there's money in the crypto space. Whether this Meme coin is created by Yua Mikami's team or outsourced, they all know it's easy to scam in crypto.
5. Moreover, Yua Mikami herself previously released NFTs in the last bull market to exploit investors, her reputation is utterly ruined.
6. @_FORAB AB has already stated that the copyright for Yua Mikami's coin is held by a Chinese person, it's undoubtedly a major scam, the risks are too high.
Unichian 0 Turn's GAS Pre-sale MEME (intern), pre-sale 800 SOL
Launched within 24 hours, users have been PUA'd twice, many are complaining, the hype is still decent
Finished in 17 minutes, retail investors didn't get much, profit from divergence can be observed, consider getting in with a small scraper or after the first wave dumps.
The latest round of new investments requires 75 Alpha points, and I just happen to have 75 points.
You could say I'm lucky, but I've been particularly unlucky lately. Whatever the dog buys loses money, and even CA can get sent incorrectly; I bought the coin but ended up sending a different CA in the group.
But you could say I'm not unlucky, as Binance Alpha is always just on the edge for me. The first time it required 45 points, I just had 45; the second time it required 65 points, I had 66; the third time it required 75 points, and I just happened to have 75 points.
The results are out, and those with 65 points can get 1500 $SIGN tokens. I happen to have 66, just enough to enjoy this pig's trotter rice.
According to the pre-market price displayed on Bitget, the current price of Sign is 0.044, which means an airdrop of about 70U for everyone.
By the way, the requirements for points are getting higher and higher. Last time it was 45 points, and now it's 65 points.
Tomorrow there will be another project, HAEDAL Protocol token $HAEDAL, to be airdropped. I'll just go with the flow.
I will only buy on BN alpha if there’s a trading need; if there’s no trading need, I won’t bother. It seems unnecessary, the point requirements are getting higher, and the cost-effectiveness is getting lower.
I hope that the point requirements do not show a trend of increasing in a stepped linear fashion in the future; otherwise, it won't make sense for the studio to grind and take the wool.
For most retail investors, grinding for points is also meaningless. It's essential to cultivate retail investors with real trading needs. In this case, retail investors won’t need to trade just to earn points, and most retail investors who trade frequently end up losing money...
So, keep an eye on the assets you like, buy and hold, and then hope Binance gives you a little return on your investment, hahaha.
Recently, @virtuals_io points have become quite popular, but many fans do not know what this is. I conducted a simple survey.
1. What are Virgen Points? Virgen Points can earn you presale qualifications for new AI projects on the Genesis Launchpad. The system automatically calculates and allocates points daily, and unused points will expire after 30 days.
2. How to earn Virgen Points
The methods to earn points are not explicitly stated, but I have learned through various channels such as other bloggers and the official TG group that there should be several ways to do this.
(1) Hold $VIRTUAL
When the amount of $VIRTUAL tokens held increases, the points ratio increases.
#VIRTUAL has seen a considerable increase recently, it's like getting two benefits from one.
(2) Yap for Points content creation
Go to the link on Twitter, write articles, create videos, and then submit the link (like what I am doing now).
Trade AI tokens on the platform http://app.virtuals.io, the more active you are, the more points you earn from trading activities. Trade AI tokens on the Genesis Launchpad, the more active you are, the more points you earn.
I actually recommend everyone to get involved with these points; the platform has great vision and carefully reviews every project on the Genesis Launchpad.
Just today, due to the misconduct of the project @playgameAI, the presale was directly shut down and points were refunded.
So it really has a great vision and a sense of security; I recommend everyone to get involved with the points!
April 28-29 Binance Alpha Continuous Airdrop for 2 Days! The airdrop on the 28th is the SIGN Protocol token $SIGN and the airdrop on the 29th is the HAEDAL Protocol token $HAEDAL. Binance Alphas have a points threshold for airdrops, and the criteria for the airdrop need to be announced before the airdrop. This is essentially a black box operation, attracting all retail/institutions to participate in the BN trading volume airdrop. My current points are 66, I hope to get a good reward.
If the first and second level market conditions are not good, then let's go for the third level.
This is not a joke, this is a real story.
The former sales champion of Nomura Securities has gone to Tokyo's Ginza to work as a host, it's a definite downgrade.
On the poster, the hostess with a background in finance should have these traditional skills: pouring champagne, the duality of hot and cold, and market swings.
However, it seems that working as a hostess in Ginza is more profitable, wuwuwu, I also want to dive in, are there any beautiful rich ladies interested in me? Contact me, thank you, I can also wear black stockings and sell my art and my body. 😆
@infinex_app's official Twitter reminds everyone to link their Twitter accounts.
They should give some airdrops based on the influence of their Twitter accounts, otherwise they will be criticized. How to link your Twitter account on Infinex?
Go to the official address: https://infinex.xyz/ to register an account Then click "settings"-"Social", and then link your Twitter account.
Binance announced new rules for funding rate changes last night.
Once the rate cycle reaches the upper or lower limit, the settlement frequency will immediately change to once an hour.
In simpler terms: as long as the rate hits the ceiling, it will automatically convert to funding rate once per hour.
Here’s the explanation:
Recently, the market has often seen altcoins with maximum negative rates but rising against the trend.
Why are maximum rates rising? 1. Many short sellers had a positive rate when they opened their positions, but suddenly the rate turned negative, leading them to close their short positions due to unbearable rates, resulting in a long position and a price increase; 2. With negative rates, many people go long to take advantage of the rate, causing a price increase; 3. Whales manipulate low market cap assets, driving prices up and squeezing shorts to gradually sell off.
Taking the recent spike in $ALPACA on Binance as an example, it showcases a case of low market cap and high contract holdings, manipulated by whales to explode the short positions.
Under Binance's new funding rate rules, short sellers who can't bear the maximum funding rate charged hourly will accelerate their liquidation, leading to a rapid short squeeze. Thus, the speed of price increases for low market cap altcoins will quickly accelerate, and the pace set by whales will also speed up.
In the past, many have focused on low market cap coins with increasing contract holdings, hoping to ride the trend when open interest shows unusual activity and make a profit with the whales.
It is uncertain whether this strategy will still be viable after Binance changed the funding rates; even if it is, the market trend will definitely move much faster.
Shorting gold is going very smoothly! Recently, I've been losing quite a bit in private dog fighting, but shorting gold 10 times has made quite a profit.
If you understand a bit about candlestick charts, you should know that gold was already overbought in the middle of last year.
So why did gold continue to rise last year? Don't just look at the technicals; you also need to consider the macro.
Personally, I believe that in the short term, gold is about to enter a monthly level correction.
And definitely don't hold onto the logic of missing out on gold's rise and then chase silver for a rebound.
In the short term, it’s not impossible for gold $PAXG to continue to adjust down to 3000. In the coming years, there may be a gold pit, but buying in at that time may not necessarily yield high elasticity for gold.
There are many excellent high-quality risk assets that have much higher elasticity than gold.
Stuck, save! I have been stuck by making a bearish bet.
Currently, my situation is that I've wasted more than half a month.
A couple of days ago, the profits from shorting gold made up for some losses from other shorts, but the profits from buying the rebound at 74000-76000 and then selling for profit have now been wiped out by the losses from shorting.
Actually, I should cut my losses now, which is equivalent to a month of wasted effort.
But I'm stubborn. If it goes up, I will gradually increase my position and heavily short. Personally, I bet on a mild recession in the U.S.
The U.S. is cutting government spending + increasing tariffs to collect more money.
The price increase caused by tariffs leads to consumers tightening their belts due to reduced spending.
Decreased consumer demand also suppresses the extent of price increases.
Tariffs will lead to decreased corporate profits, increased layoffs, and further declines in consumption.
I personally believe that before and after the second round of interest rate cuts in the U.S., there will be a mild recession, at least a volatile monkey market. If it goes up, I will short using the profits I made before.
You need to decide based on your own situation. If your profits are as substantial as mine, then you can follow me.
If you didn't avoid the previous drop of the copycat, didn't avoid the crash of Ethereum, and didn't avoid the drop from 108,000 to 74,000, and have little profit, then it's better not to bet with me.