Due to my chronic procrastination, I always rush to trade #alpha before midnight and 8 AM, so when I encounter brutal market makers like $UP , I become very passive.
Its characteristics include huge trading volumes but small individual trade amounts and very large spreads. Due to the extremely high transaction frequency, the screen flashes quickly, and my 【reverse order + green float method】 is rendered useless, making it particularly difficult. Unfortunately, during this time, it's even harder to trade other #alpha coins, so I can only obediently endure. See Figure 2.
I aimed to trade 60,000 but only managed to trade 30,000, with a wear rate of 0.0376, and that was for a single transaction of 100. I'm exhausted.
This coin's competition is on its last day today, currently valued at 55u. It will be a tight squeeze, and I can only hedge at small exchanges. I'm opting out to avoid this torment.
Everyone should be very careful to observe the price spread and wear rate while trading. Start with small amounts of 50 to 100u for testing. If you can't trade, don't force it.
On the other hand, there’s another single-point competition coin $VELVET , which might surprise everyone today, so keep an eye on it.
