About ORDI’s investment journey

ORDI hit a record high yesterday, reaching a peak of $96.

When I was communicating with friends last weekend, we happened to talk about ORDI, and also talked about some fragments of my participation in ORDI last year.

I participated in ORDI at the end of April or early May last year with a dubious attitude.

After participating, when chatting with friends about new things, I mentioned ORDI and Bitcoin Inscription. But when chatting, I was very cautious - mainly because I didn't have much confidence in this new thing.

On the one hand, at that time, ORDI's player base had just begun to form, and the inscription technology was still being criticized because of some obvious problems; on the other hand, I was interested in another The protocol (Bitcoin Stamp STAMP) is more optimistic and believes that the inscription may be just a transition.

So when I talk about ORDI with my friends, I try to talk only about technology and avoid talking about price. I'm concerned that discussions about price will mislead friends into buying something that will ultimately be worthless.

However, soon, ORDI was listed on some exchanges one after another, and its price soared to more than 20 US dollars. I subconsciously thought that the risk at this price was too high. Anyone who bought at this price would have to stand guard for who knows how long.

At that time, some KOLs on the Internet were very optimistic about ORDI’s future and shouted hundreds of slogans. Regarding those remarks, I jokingly thought that even if ORDI could rise to $100, it would probably only happen at the end of the bull market when the market is at its craziest and most irrational.

Later, the market fell into a deep adjustment, and ORDI fell to a minimum of about $3. At this time, I thought it would be great if its price could break through the previous high of $20.

At that time, the price of Bitcoin had fallen below $30,000. Based on my estimate of Bitcoin at the time, Bitcoin could rise to $10 during the bull market. Ten thousand US dollars, from 30,000 to 100,000 US dollars, is about a three-fold increase; if ORDI can return to the previous high of US$20, it will also be a seven-fold increase from 3 to 20 US dollars.

For a copycat, this kind of increase is quite impressive.

Later, in November, Inscription Ecosystem began to explode on a large scale, and ORDI reached a maximum of more than 80 US dollars in that round of market conditions.

After that, during the correction in January, ORDI fell to a minimum of about $56, and Bitcoin fell to about $50,000 during the same period.

Now when ORDI reaches a record high of $96, Bitcoin briefly surged past the historical peak to $69,000.

If we count from the round of correction in May to now, ORDI has risen from US$3 to US$96, an increase of 32 times; during the same period, the increase of Bitcoin is approximately 2.3 times.

If we calculate from the round of correction in January to now, ORDI has risen from US$56 to US$96, an increase of 1.7 times, and Bitcoin’s increase during the same period is 1.3 times.

Judging from these two comparative data, ORDI has always been regarded as the leverage of Bitcoin, but the leverage effect is weakening.

However, considering that both ORDI and Bitcoin have broken through the previous high, this means that their imagination space has been opened up in the next bull market, and the upside space is also It was completely opened.

I am very much looking forward to seeing what miracles ORDI will create in the next market.

Recalling these fragments, I once again realized the elusiveness of the market. For good targets, the market is likely to give surprising and unexpected returns.

Therefore, for good targets, especially those bought before the bull market, we try not to sell before the bull market, but to get the climax of the bull market. Sell ​​again for profit.

Fortunately, I have been holding on to the chips I originally bought and witnessed the miracle created by ORDI along the way.