Strategic Approach: Buying Fast and Selling Slow
In the revamped voting mechanism, the timing of your transactions plays a crucial role.
Buying Strategy: It's advantageous to buy votes quickly, especially for trending songs. As a song gains popularity, its vote price increases due to the popularity factor. Early buyers benefit from lower prices before the popularity surge significantly affects the cost.
Selling Strategy: Conversely, a slower approach to selling can be beneficial. The selling price percentage starts at 80% and gradually increases if there are no sales, reaching up to 100%. Delaying the sale of votes can lead to higher returns as the price percentage climbs.
This strategic approach aligns with the new dynamic pricing model, encouraging users to actively engage with trending songs while also considering the optimal timing for transactions.
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