About ORDI's investment journey

Yesterday ORDI hit a record high, reaching a maximum of US$96.

When I was chatting with a friend last weekend, we happened to talk about ORDI and some of the episodes when I participated in ORDI last year.

I participated in ORDI in late April and early May last year with a half-believing and half-doubting attitude.

After participating, I mentioned ORDI and Bitcoin inscriptions when I talked about new things with my friends. However, I was very cautious when talking about it - mainly because I was not very sure about this new thing.

On the one hand, at that time, the ORDI player community had just begun to form, and the inscription technology was still being criticized due to some obvious problems; on the other hand, I was more optimistic about another protocol (Bitcoin stamp STAMP) at the time, and believed 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 prices. I am very worried that the discussion about prices will mislead my friends into buying something that is ultimately worthless.

However, soon, ORDI was listed on some exchanges, and its price quickly soared to more than 20 US dollars. I subconsciously thought that the risk of this price was too high, and whoever bought at this price would have to wait for a long time.

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

Later, the market really fell into a round of deep adjustment, and ORDI fell to a low of around $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. According to my estimation of Bitcoin at that time, Bitcoin could rise to $100,000 in the bull market, which is about a three-fold increase from $30,000 to $100,000. If ORDI can recover to its previous high of $20, it would also be a seven-fold increase from $3 to $20.

For a copycat, this increase is quite good.

Later, in November, the inscription ecosystem began to explode on a large scale, and ORDI reached a high of more than 80 US dollars in that round of market.

After that, in the following January correction, ORDI fell to a low of about US$56, while Bitcoin fell back to about US$50,000 during the same period.

Now that ORDI has hit a record high of $96, Bitcoin has briefly surpassed its historical peak to reach $69,000.

If we count from the round of pullback in May to now, ORDI has increased from US$3 to US$96, a 32-fold increase; during the same period, Bitcoin's increase was about 2.3 times.

If we count from the round of pullback in January to now, ORDI has increased from US$56 to US$96, an increase of 1.7 times. During the same period, Bitcoin has increased by 1.3 times.

Judging from these two comparative data, ORDI has always been regarded as a 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 upcoming bull market, and the upside space has also been completely opened up.

I am really looking forward to seeing what kind of miracles ORDI will create in the upcoming market.

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

Therefore, for good targets, especially good targets purchased before the bull market arrives, we should try not to sell them before the bull market, but sell them at the climax of the bull market to make a profit.

Fortunately, I have always held on to the chips that I bought at the beginning and witnessed the miracles created by ORDI all the way.