How to make money in Binance Alpha?

The day before yesterday, I wrote an article about whether an ordinary person can achieve a salary income with just one Binance account per month. I plan to invest 1500U with a Binance account and see if I can steadily earn 500U-1000U in a month?

As a result, many people asked me to write an alpha beginner tutorial in the comments section, but I kept dragging it off because they thought it didn’t have much technical level and didn’t bother with any tutorials. After learning about it, they found that many people still didn’t know alpha and didn’t know how to do it, or that the cost of daily trading was too high. Today, I will provide a pure beginner tutorial, including how to control the cost of 3-3.5U per day to brush 65536 trading volumes, and get 16 points.

Firstly, if you do not have a Binance account, click on this link to register https://accounts.maxweb.black/register?ref=12320338

Open the homepage of Binance APP, find the alpha window and entry area. I am used to adding it to the desktop, which makes it convenient for me to enter every time. You can see the example image below.

If you don’t have it, you can click on ‘More’ below and find this entry to add it.

How to make money in Binance Alpha?

After entering, you will see Figure 1 and Figure 2 below. The daily points are calculated based on your asset balance and daily trading points, and the total daily points are calculated (detailed rules can be seen clearly in Figure 1). My own operation is to spend 1000U of assets per account (this asset includes all your assets, not limited to USDT) and spend 65536+trading points per day (spending 4 times the amount of tokens actually only requires spending about 16000 trading amount). Note: It is to spend tokens in the alpha area every day, not to spend alpha tokens (many beginners started spending this token, and I did too). You can see Figure 3 below. Click on the alpha area and then click on the points to display it. A token with 4 times the points (4 times means you buy 1000U, which actually calculates a transaction amount of 4000 for you)

How to make money in Binance Alpha?
How to make money in Binance Alpha?

From the above description, you basically understand what Binance’s alpha activity is, right?

Below, I will explain how the next beginner can operate to maximize their benefits. Firstly, your assets should have 1100 USDT (as 1000 USDT adds 2 points per day, and using around 1000 USDT to brush points is easier). If you really don’t have assets of over 1000, then you can have a few hundred. My personal recommendation for beginners to trade every day is 15 points. It’s easy to get caught up in this activity (meaning that if you buy it, the coin price suddenly drops, and then you lose). After all, we are here to make profits, not to act as liquidity (although the purpose of this activity is for everyone to act as liquidity). So, how should we arrange daily trading?

How to make money in Binance Alpha?

If you are a beginner, I suggest that you just brush stablecoins every day, don’t brush high-risk coins. What is stablecoin? If the price switches to a 15 minute candlestick, which is basically a straight line and there is enough liquidity on the chain, then it is stable, as shown in Figure 1 below

Yesterday, many people commented in the comment section that it is difficult to achieve a stable daily loss of around 3.5U by swiping 4x tokens every day, and it is easy to get caught. Below, I will share my operational ideas. First, take a look at Figure 1 . My habit is to throw the U into the current account after completing transactions every day, and redeem it the next day when swiping. The picture clearly shows how many U I redeem every day and how many U I subscribe for. It can be clearly calculated that my daily loss is around 3.5U, and the time on the left also shows that trading an account is basically completed within 10 minutes every day.

How to make money in Binance Alpha?

How can we control such stable daily losses from being trapped? Firstly, when we start trading, we open each token and observe the trend of the candlestick. If there are 3-5 15 minute candlesticks with little fluctuation or an upward trend, it proves that it is possible. After finding them, we directly click on them to trade and observe the upper and lower limits of the price fluctuation for about 30 seconds to see if they are high. If they are not high and the candlestick meets the demand, then we can start trading directly. Through reverse orders, the price is basically stable for 30 seconds. If you have fast hand speed, you can use 1000U to trade, and within 30 seconds you can trade 20000 to 30000 yuan. If the price is stable for 1 minute, congratulations, you can basically complete it within one minute today. That’s it. Looking at Figure 1 below is what I referred to as the upward trend in prices, which is also the POP I scanned this morning.

How to make money in Binance Alpha?
How to make money in Binance Alpha?

On the left side of the chart above, there is a stable price, while on the right side, buying and selling can be completed immediately through reverse orders. Note: Your purchase price should be higher than the price on the left, and you can quickly close the deal with just one drop. Your selling price should be lower than the price on the left, or you can start trading at the same price,. The longer the price on the left remains stable, the faster you will end the battle. If the prices on the left appear very uneven, then wait until 3-5 identical prices appear. When you enter them again, they will be slightly higher than the balanced price, and you can brush a stroke (this is called survival in a gap). What does this mean?

You can see from the following picture that when the price is unstable, we can also brush it. You can see that the price of 0.0090650 appears frequently in the price. Then we can set a buy order of 0.0090651 and a sell order of 0.0090650 or 0.00906499. This is survival in the middle, because the price may become another stable number in the next second, so it is necessary to observe before trading. When trading for beginners, it is recommended to observe more and try small amounts at the beginning, instead of brushing hundreds or thousands of units at first. This is a quick way to end the battle. When you are trapped once, you will be very sad. The sentence is:. We come to this market for profit, not to act as liquidity. We would rather spend more time than money.

Finally, let’s summarize. I think this alpha is the biggest place for retail investors to obtain stable profits every month. On average, one account can make 300-600U of profit per month. If you are a married person, you can at least make 5 accounts. If you are single, you can also make 2-3 accounts. The minimum monthly profit for 5 accounts is between 1000U-3000U, which is 1500U. Moreover, Binance also has many small tasks, so if you make 3U, you should make 10U. As long as your execution ability is good, I personally think that with just one Binance account, you can make one. The salary income of an ordinary person.

Actually, my alpha income for this month was already 1400U, but of course, this month is an exception because there were too many gross profits this month, with each one ranging from 100-200U and the highest reaching 500-600U…

Author: BitcoinKOL,Source: https://bitcoinkol.com/how-to-make-money-in-binance-alpha/

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