According to incomplete statistics, there have been about 50 new Alphas on Binance this month. Taking one account as an example, as shown in the picture!
This account has received 10 airdrops this month. I roughly calculated that these ten airdrops sold for over 900 U! Among them, the daily loss is around 3-4 U without being squeezed.
Next, let me talk about how I control the losses!
① Website: alpha123.uk/zh/stability/ Using this website, you can check the stability of Alpha.
② Brush according to the stability level, place limit orders, and reverse orders!
Observe K line: Use the 1-minute K line to confirm price stability (the last 5 decimal places fluctuation ≤ 0.00001).
Buy order price: Slightly higher than the maximum price after stabilization.
Sell order price: Slightly lower than the minimum price after stabilization.
Price precision:
New users: Precise to 5 decimal places, price difference ≈0.00001.
For skilled users: Precise to 6 decimal places, price difference can be reduced to 0.000005-0.000007.
Trading frequency: Each order should be spaced 1-2 minutes apart to ensure the previous order is completed before placing a new one.
Observe the K-line: Use 1-minute K-line to confirm price stability (the last 5 decimal places fluctuate ≤0.00001).
Buy order price: Slightly higher than the maximum price after stabilization.
Sell order price: Slightly lower than the minimum price after stabilization.
Price precision:
New users: Precise to 5 decimal places, price difference ≈0.00001.
For skilled users: Precise to 6 decimal places, price difference can be reduced to 0.000005-0.000007.
Trading frequency: Each order should be spaced 1-2 minutes apart to ensure the previous order is completed before placing a new one.
③You can use an invitation code to waive 10% of the fees.
APP version: Wallet - Invite Friends - Enter invitation code SKGJY5T0.
Web version: https://web3.binance.com/referral?ref=SKGJY5T0
Currently, most accounts under risk control are related to the following points, so everyone should avoid these when refreshing:
①Alpha web version activities: Using a scientific internet connection or frequently changing IPs can easily trigger risk control.
②New accounts should only brush Alpha: Having never traded spot or futures appears too 'singular'.
③Script brushing: While it can reduce losses, some accounts have been directly frozen because of it.
④Multiple accounts on the same IP: Several phones connecting to the same WiFi, with identical IPs, can easily be flagged by the system.
⑤Multiple accounts transferring to U at fixed points: For example, after account 1 completes a transaction, transfer to account 2, and then account 2 transfers to account 3. Daily fixed operations can easily be flagged.
Corresponding solution ideas:
①Try to operate on mobile, and do not frequently switch IPs. Once the points on the web have been redeemed, do not keep refreshing.
②New accounts should ideally mix in some real transactions, participate in new coin activities for spot or futures, buy and sell when meeting standards.
③Scripts should be used cautiously, especially those bought randomly online. Not only can they easily trigger risk control, but they also have phishing risks; multi-signature wallets can lose access.
④Multiple accounts should pay attention to IP isolation, it's best not to connect all to the same WiFi. Testing shows that within 10 accounts is relatively safe, but there's no guarantee it won't become stricter in the future.
⑤Fund isolation, avoid frequent and fixed amount transactions between accounts. For multiple accounts, it’s best to have each account in an independent fund pool.
Summary:
Alpha is definitely the best choice for ordinary people to enter the cryptocurrency world. At this stage, for a family of 3-4, the monthly earnings can be around ten thousand, and this is just from tasks done in spare time. However, do not only focus on earnings and ignore the risks. As more people come in, scores may rise, and airdrops might decrease, potentially resulting in only breaking even or even small losses over a month. Therefore, it's important to prepare for risks. When trading daily, encountering extreme market conditions can also be quite uncomfortable due to larger losses. Hence, before doing anything, one needs to think twice.
