1️⃣ #alpha has launched a tokenized U.S. stock trading competition, it looks good, with rewards worth 24u and up to 20,000 spots 🙉😱, it’s truly a bright opportunity.
However, these 20 stocks currently have very poor liquidity, reverse trades are simply impossible. I tried with 10u, and the wear rate reached 0.95%, which is quite scary.
U.S. stocks are quality assets, so we can't play around like this. My suggestion is to invest a little daily in $SPYon and $QQQon , as these are respectively the classic Nasdaq 100 and S&P 500 indices. The price changes of the indices are not volatile, while other 18 stocks may not withstand it. Even if you get stuck, you should be able to get out.
The competition lasts for 14 days, and data is updated every hour, so don't rush.
Note: Both buying and selling count towards the competition volume, but there are no 4x alpha points.
In the future, you can directly play U.S. stock dollar-cost averaging Nasdaq on Binance, not bad.
2️⃣ $BSB competition ends tomorrow, with 4x points, and liquidity is also possible. But you can't mindlessly trade.
I traded 60,000 this morning, and earned back 0.838u 🤪🤪, happiness +10086, my seal 🦭's [reverse single + floating green method], is very suitable for this kind of high trading volume but also large price difference coins.
Because mixed with regular point earners, most people will probably gather 130,000 or 260,000 in the next two days, with a small profit to qualify.
You can observe trading volume anytime with my seal's competition widget. For detailed tutorials, see the pinned post on my homepage.
I do not recommend going to 🍵 hedge, because the risk control is very annoying. I got stuck on another small platform, and anyway, it was just a few hundred u. See picture 3
3️⃣ H, liquidity is still very poor, cannot play, let’s not play for now, it’s still early.