#Irys
Transaction competition scientific analysis to prevent losses
Since the start of the competition until today at 2 PM
The total transaction volume is 230 million,
Currently, the average person should trade 57,500 USDT
For every increase of 100 million U in total transaction volume, an additional 25,000 U in trading volume should be added
It is expected that in the next 7 hours, the first 5 hours will increase by 35 million each hour, and the last two hours will increase by 130 million each hour, predicting a total transaction volume of 535 million, with a threshold of 133,750 USDT
Accordingly, one can first trade 145,000 USDT corresponding to a capacity of 580 million U in transaction volume. If the total accumulated transaction volume exceeds 580 million in the last hour, adjustments can be made based on an additional 25,000 U for every 100 million.
My operation: From 12 PM to 2 PM, I happened to encounter a favorable market, and I directly executed 164,590 U with a loss of 26 U, expecting a profit of 25 U, which looks pretty good.
Hedging: Since it is at a historical low and the first stage of the competition, no hedging is necessary. If the price remains above 0.02 and does not drop in the last 25 minutes of the first stage, small short positions can be attempted to recover some losses. If the competition ends without a drop, stop-loss and close the position immediately to avoid greed. $IRYS
Transaction competition scientific analysis to prevent losses
Since the start of the competition until today at 2 PM
The total transaction volume is 230 million,
Currently, the average person should trade 57,500 USDT
For every increase of 100 million U in total transaction volume, an additional 25,000 U in trading volume should be added
It is expected that in the next 7 hours, the first 5 hours will increase by 35 million each hour, and the last two hours will increase by 130 million each hour, predicting a total transaction volume of 535 million, with a threshold of 133,750 USDT
Accordingly, one can first trade 145,000 USDT corresponding to a capacity of 580 million U in transaction volume. If the total accumulated transaction volume exceeds 580 million in the last hour, adjustments can be made based on an additional 25,000 U for every 100 million.
My operation: From 12 PM to 2 PM, I happened to encounter a favorable market, and I directly executed 164,590 U with a loss of 26 U, expecting a profit of 25 U, which looks pretty good.
Hedging: Since it is at a historical low and the first stage of the competition, no hedging is necessary. If the price remains above 0.02 and does not drop in the last 25 minutes of the first stage, small short positions can be attempted to recover some losses. If the competition ends without a drop, stop-loss and close the position immediately to avoid greed. $IRYS