$JCT Tonight, Binance Alpha is introducing another contract currency. After getting it, I will try a strategy that won't sell off too quickly.

Many brothers, like me, experienced a big sell-off with JCT last time.

I sold at 50U, and as a result, I could only watch it rise to 180U.

After giving myself two big slaps, I tearfully scrolled through many posts and finally understood the ultimate secret of how to achieve the best price after getting Alpha:

For spot trading, the selling pressure is high, so sell it quickly after a high opening and low closing;

For contracts, observe first, and low open patterns shouldn't carry over to the next day.

Let me explain simply. Currently, the price of Alpha is generally around 50U.

If a spot currency reaches your hands and its value is close to 100 or higher, don't hesitate, just cash out. As the circulation increases, the price is likely to decrease.

If a contract-only currency starts with a value of around 30U, selling it then won’t yield much. After a selling wave 5 to 10 minutes after receiving it, if the price stabilizes slowly, then you can hold it a bit longer. But still, try to sell it the same day to avoid prolonged worries.

Of course, selling as soon as you get it is always the right choice.