In my previous post, I talked about the two possibilities. If you are on path 1, it means that in your SPOT wallet, you have OMNI that has not represented a real cost for you. You do not have a "purchase" price since it is a reward that Binance gave you for being a faithful user (Binancian) and having BNB and/or FDUSD within the platform! Considering the guide I published (here), in the first few minutes after a psychological limit that the market accepts as a key number, in the case of OMNI, it has obviously been between $48, $50, and $55... there is a PANIC SELL of all binancians who have OMNI and who feel that if they do not sell now, it will be worse later. And generally, facts prove this theory by itself, and right now as I write this post, OMNI is dropping below that limit I marked for them.

So, if you are on PATH 1 (like me), I used a trading order type against USDT, OCO order. Upper limit $50... lower $48, selling limit price: $45 - Selling quantity: 100% What does this mean? It means that the system places TWO sell orders for 100%. If the price goes up to the upper limit I set, it sells at that price. And if it drops to the lower price, it places the sell order at the LIMIT price, it would be like a STOP LOSS. As I write this paragraph now, the price of OMNI/USDT is $42... so you already know the result of my strategy. Right now, in my SPOT wallet, I have liquid USDT to take advantage of another opportunity that this great cryptocurrency market holds for me. $OMNI $BNB #OMNILAUNCHPOOL #BinanceLaunchpool

You might think it's too late to place the OCO order... but hey, a rule you gotta set in your mind is IT'S NEVER TOO LATE, it's only late when we've left this planet (and nobody knows when that's gonna happen!), so you gotta switch up your mindset and set new challenges for yourself!

If you're in the "path 2" scenario, I covered here.