I have been participating in the Binance Alpha Event since April 22. My strategy: - balance 10000$+ - daily volume 16000$+ in BSC network (there volumes x4) - pairs with the lowest volatility - selection of better quality projects under the drop For 15 days we get 270 points. 15*15 (for volume) +3*15 (for balance) at ~50$ в a week costs per volume.
Net profit at the moment is: 1964$ I know a lot of people are disappointed with Binance Alpha, but I still see potential and keep farming. Overall stats will be recorded by week, but there will be daily reports on farming and claiming drops. #BinanceAlpha
Day 296 #BinanceAlpha Current Points: 227 $10000+ total balance (+3 points) Buy volume 33k (+15 points) Costs -1,7
Successfully ran up volume on the token $ARTX today - it's currently as stable as KOGE, though it occasionally sees some sudden drops. I used reverse orders of $300 each.
Day 295 #BinanceAlpha Current Points: 228 $10000+ total balance (+3 points) Buy volume 17k (+14 points) Costs -10,4
Had an unsuccessful experiment running volume on the token $WMTX. Due to the volatility, the idea was to buy every significant dip and place orders at pre-dip price levels. Many orders in the $200-300 range. Sometimes it worked, but over the last hour, the price kept moving in a downtrend. Wasted almost 2 hours and $10. Too bad.
Day 294 #BinanceAlpha Current Points: 228 $10000+ total balance (+3 points) Buy volume 33k (+15 points) Costs -1,1
Easily ran up volume on the token $WMTX. Today is the ESP pre-TGE, the usual drill - watch the oversubscription, calculate, and if we see potential profit >$50, we're in. BNB is ready as always (in holding).
Day 293 #BinanceAlpha Current Points: 227 $10000+ total balance (+3 points) Buy volume 33k (+15 points) Costs +1,3
$WARD turned out to be a low-liquidity token; someone decided to pull a crime move by first pumping its volume and then baiting us. $WMTX looks better, but it's very volatile. Only trade it on an upward trend.
Day 291 #BinanceAlpha Current Points: 212 $10000+ total balance (+3 points) Buy volume 17k (+14 points) Costs -4,6
Continuing to lose money on $WMTX. Still can't adapt. Missed the 4th booster task for OPN yesterday - slots ran out. Need to be quicker with task completion next time. Turns out there are still a lot of us in Binance Alpha
Day 287 #BinanceAlpha Current Points: 221 $10000+ total balance (+3 points) Buy volume 16,8k (+14 points) Costs -1,2
Still grinding volume on the token $OWL, expecting 15 points to be returned tomorrow from previous deductions for a drop. Deviated from my "sell at listing and forget" strategy, hoping for some crime pump with ZAMA, but there's no hint of that. Sold after 12 hours. Shouldn't deviate from my strategy.
Day 283 #BinanceAlpha Current Points: 220 $10000+ total balance (+3 points) Buy volume 33,8k (+15 points) Costs -1,9
It was very scary to spin $OWL today, I had to do it in small orders and for a very long time. But everything went smoothly. The criteria for the drop are high - it looks like I’m not going to pick up anything.
Day 282 #BinanceAlpha Current Points: 235 $10000+ total balance (+3 points) Buy volume 32,9k (+15 points) Costs -2,4
Still grinding volume on $OWL; seems like I'm getting lucky so far, with low costs. Today, I'm checking the oversubscription for the ZAMA pre-TGE, and if the allocation is substantial, I'll participate. The current difference between the pre-TGE price and the pre-market price is 60%. If they allocate $100 worth of tokens, that's almost +$60 in profit.
Day 280 #BinanceAlpha Current Points: 215 $10000+ total balance (+3 points) Buy volume 33k (+15 points) Costs +0,3
Managed to end today's volume grind on $OWL in the green, thanks to buying a small dip and waiting for the price to recover. But I don't think this is +EV in the long run - sooner or later, the price just won't bounce back. Closed the short on pre-market $ZAMA for +$8.5, didn't wait for the Binance Alpha announcement. Looks like it's not happening.