Every year is the peak of the bull market from October to December. The year 2024 is a year of reduced production and also a bull market. So the bull market has already passed. We are迎接 a bear market.
Last year, a large number of people's coins were cut.
拾光月神
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Re-investing in ORDI, let's briefly discuss the simple logic 🔺🔺🔺
An important premise: we are currently in a bull market with liquidity, but the cryptocurrency space still lacks narratives; I’m talking about application narratives. Good memes are still the best vehicles for liquidity.
Why ORDI? Can ORDI make a comeback?
Simply put, because of the price. ORDI is currently a toy abandoned by the market; it's cheap! However, its logic has not changed from its peak period back in the day, being the best native BTC meme. This narrative is sufficient to differentiate it from other memes. ORDI is different; its narrative is unique.
I must say, the current ORDI scene is very similar to the time of 3U, when it was also attacked by a bunch of BTC ecosystem's “useless theory” and ORDI’s “garbage theory.” I still remember back then, I firmly believed in ORDI and even stayed up late writing a long article of several thousand words. Today, I suddenly found that feeling I had during ORDI's 3U time again. It’s quite nostalgic, haha~
ORDI has dropped less than 3 times from its highest point, which is pretty good for a bull market. Although other coins are rising, if most of your altcoins are stuck at the peak, even if they've risen by now, you might still be down by more than 3 times~
When ORDI surged at the end of last year, other coins were also hovering at low levels. The market has cycles and rotations; ORDI may not have had its turn yet, but it will eventually reach its high point.
Moreover, ORDI's liquidity has always been good; whether you want to take profits or enter the market, large funds can enter and exit freely at any time.
As for timing, I go with the flow. I saw that Binance wallet delisted the inscription section, and the market was in an uproar. If it weren't for this Binance boost, I might not have bought ORDI. I approach purchasing coins based on fate.
My logic for buying ORDI is this simple, simple to the point of being almost too simple: it’s the best native meme of BTC. It’s that simple, it’s that simple, it’s that simple.
This inscription was known to be a domestic project last year, and everyone has long stopped playing it. Who told you to play it? It's just a troublemaker.
通宵盯盘大师
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Although I was trapped by sats, its lows keep decreasing and its highs keep decreasing, it feels like it will continue to fall. Next time I'll be cautious and won't go long on it anymore. Just entered the circle and it's all about playing with him and Audi, it seems to have already been updated and upgraded, I guess I'm behind $1000SATS
It is now basically certain that this wave of the bull market will peak at 100,000 to 120,000. As for the high point after a 2-3 month consolidation before another surge, it is still unknown. Based on historical bull market corrections, a top correction of 30-40% will likely be a phase bottom. Therefore, I temporarily set the bottom-buying range between 70,000 and 80,000. Considering the larger scale, the (30-40%) drop should also be somewhat reduced. Risk is always not something to be pointed out after it has already been released, because such a pullback is terrifying, with a drop of 30% at any time; not everyone can face it calmly. In the cryptocurrency circle, you don't need to get rich overnight; you just need to sense risks whenever they arise and allow yourself to slowly become wealthy. Investing is a marathon. Most of those who became rich back then have not managed to retain their wealth and have ultimately vanished. Earning money within your understanding is the way to invest; not gambling is the path of investment.
The cryptocurrency world is becoming increasingly distorted; most coins are worthless and merely hype, passing the buck. This has not changed over the years. AI, blockchain games, virtual worlds... these so-called technologies are just clowns in the real tech field, lacking any real skill. When the carnival is over, and once again there are corpses everywhere, we'll see who can leave the stage first.
This is a national game, don't play it. We got cut last year, and we've long stopped playing. If you're going to play, play the real meme coins, like Pepe.