Tonight $SIGN new currency is listed on Binance, the alpha score meets the airdrop threshold, so I received a wave of airdrops. I am also continuously monitoring the price of sign. To be honest, I sold at the low point and secured 100U.
Later, the price surged, and I wasn't very happy about selling too early. Suddenly, I thought of pre-market trading, so I went to a certain platform to buy sign in the pre-market. At that time, the price of sign on Binance was about 0.08, while the pre-market trading was 0.049. I tried to buy several times but failed, as there were always people sweeping the goods. Finally, I raised my cost to buy some at 0.054.
Regarding the issue of risk, I believe the risk is very low. The end time for pre-market trading on that platform is 6:30, while the spot market opens at 7:00. The price on-chain can serve as a reference. Moreover, during this period, profits can be hedged through contract shorting.
For example: If the spot price of sign is $0.08, and I bought 2000 pieces at pre-market for $0.05, the cost is 100U. Theoretically, the profit is 60U. At this point, by shorting sign with low leverage contracts, regardless of whether the price continues to fall or rise, the profit is already secured.
If there are any questions, I hope everyone can discuss and provide guidance in the comments.
#币安Alpha积分
Later, the price surged, and I wasn't very happy about selling too early. Suddenly, I thought of pre-market trading, so I went to a certain platform to buy sign in the pre-market. At that time, the price of sign on Binance was about 0.08, while the pre-market trading was 0.049. I tried to buy several times but failed, as there were always people sweeping the goods. Finally, I raised my cost to buy some at 0.054.
Regarding the issue of risk, I believe the risk is very low. The end time for pre-market trading on that platform is 6:30, while the spot market opens at 7:00. The price on-chain can serve as a reference. Moreover, during this period, profits can be hedged through contract shorting.
For example: If the spot price of sign is $0.08, and I bought 2000 pieces at pre-market for $0.05, the cost is 100U. Theoretically, the profit is 60U. At this point, by shorting sign with low leverage contracts, regardless of whether the price continues to fall or rise, the profit is already secured.
If there are any questions, I hope everyone can discuss and provide guidance in the comments.
#币安Alpha积分