I’m not a big guy, I’m not a genius. I’m just sharing the logic of buying ORDI with a small position last week. We welcome exchanges, and all the big guys are welcome to comment.
ORDI’s investment logic
First, ORDI is a Bitcoin #BTC thing. Bitcoin is the recognized soul of the currency circle, and ORDI is the recognized representative of Bitcoin’s new narrative, so I think ORDI will definitely receive much attention.
Second, fairness. Although ORDI is a MEME currency, you don’t have to worry about the project party destroying the market, because there is no project party for this project, and everyone can only obtain it through mint inscriptions, or buy it on the secondary market. In other words, even if someone wants to be a banker, they will leave clues on the board. Technical analysis is very important at this time.
Third, there are opportunities for benchmark arbitrage. Bitcoin has doubled this year, but ORDI, which is anchored to Bitcoin, has been falling sideways, which obviously means there are arbitrage opportunities. Especially in the past two weeks, due to the true and false news of the approval of the Bitcoin spot ETF, Bitcoin broke upward and caused heated discussions. According to past experience, after the popular leader in the market breaks through and rises, there will often be a benchmark leader to take over and rise.
Fourth, the stimulus from the news. On October 18, Unisat officially announced that it would officially launch brc20swap around the 30th; on October 20, Binance announced that it would re-launch BSV. There is no doubt that this will stimulate the rise of the Bitcoin ecosystem. #BSV
Fifth, strong memory. ORDI has achieved a hundredfold increase this year and has become popular on the entire network. According to past experience, the strong coins in the last round of the boom will also perform well when the next boom comes.
Therefore, in my opinion, ORDI has gathered the right time, right place, and right people, and the rise is imminent. So I started to go long last week, opened a 5x contract, and stopped profit several times based on technical indicators. So far, I have made a small profit of several times.
Once you enter the cryptocurrency world, it is like a deep sea. If you want to find treasures in the sea, you must have both news and technical aspects. Welcome to exchange and discuss. I wish everyone makes money in the bull market. #etf #BinanceSquare