ORDI's Investment Journey

About ORDI’s investment journeyORDI hit a record high yesterday, reaching a maximum 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 more optimistic about another protocol (Bitcoin Stamp STAMP) at the time, thinking that inscription was probably just a transition.Therefore, when I talk about ORDI with my friends, I try to only talk 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 US dollars. Based on my estimate of Bitcoin at that time, Bitcoin could rise to 100,000 US dollars during the bull market. From 30,000 to 100,000 US dollars, it would be roughly A 3-fold increase; if ORDI can return to its previous high of $20, it will also have a 7-fold increase from 3 to 20.For a copycat, this kind of increase is pretty good.Later, in November, the 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 new all-time high of $96, Bitcoin briefly surged past the historical peak to $69,000.If we calculate from the round of correction in May to now, ORDI has risen from US$3 to US$96, the increase is 32 times; during the same period, the increase of Bitcoin is about 2.3 times.If we calculate from the round of correction in January to now that ORDI has risen from US$56 to US$96, the increase is 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 their previous highs, this means that their imagination space has been opened up in the next bull market, and the upside space has been completely opened.I am very much looking forward to seeing what miracles ORDI will create in the next market.Recalling these episodes, 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 wait until the climax of the bull market before selling to make a profit.Fortunately, I have been holding on to the bargaining chip I originally bought and witnessed the miracle created by ORDI along the way.

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