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 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.
Day 277 #BinanceAlpha Current Points: 215 $10000+ total balance (+3 points) Buy volume 17k (+14 points) Costs -2,5
Returned to the old strategy of farming volume on $OWL - buying without a reverse order, $300 per trade. Need to somehow hold on without major costs for the next 5 days, after which I'll get 20 points back. Then I can claim another drop and figure out what to do next.
Day 276 #BinanceAlpha Current Points: 230 $10000+ total balance (+3 points) Buy volume 16,7k (+14 points) Costs -7,7
Today was an experiment day. Started trading at a different time on the token $OWL, using small orders of $300, buying closer to the ask and selling higher, using a reverse order. Spun $16,500 volume in 20 minutes. Was up $1 at first but then caught a drop, ending at -$7.7. The experiment failed.
Day 274 #BinanceAlpha Current Points: 210 $10000+ total balance (+3 points) Buy volume 17,1k (+14 points) Costs -18,3
Bad luck on $TIMI again, then switched to $OWL. Over the next 6 days, 35 points will be returned to me. Need to hold on, wait for a day with 2 drops (like yesterday), and then I'm done with Alpha. I've had enough.
Day 272 #BinanceAlpha Current Points: 225 $10000+ total balance (+3 points) Buy volume 16,5k (+14 points) Costs -1,4
Ran volume on $TIMI today without any incidents. Planned to participate in the SENT TGE, but I see the pre-market price has dropped significantly - might skip it.