For ORDI, some people call it a "treasure", while others think it is "garbage".
This extreme view reflects the two-sided nature of the ORDI market.
On the one hand, the continued rise of ORDI has allowed some people to make huge profits;
On the other hand, it has also caused another part of the people to suffer heavy losses.
Behind this rise is often accompanied by a large number of shorts being squeezed out of the market.
From March to September 2024, the short forces retaliated against the liquidation losses from September to December 2023.
In such a market, we need to adapt to two extreme phenomena:
When the market rises, it will rise to make people doubt their lives, and when it falls, it will fall to make people desperate. This is a process that every market participant must go through.
Persist, you may usher in new opportunities; for more market information and strategies, follow my personal main leaf to find me, and share the strategies of spot and contract trading for free.
But if the loss is serious, there may be no chance after exiting the market. The cruelty of this market is real.
