The investment journey regarding ORDI

Yesterday, ORDI reached a historic high, peaking at $96.

Over the weekend, while chatting with friends, we happened to talk about ORDI and some moments from when I participated in ORDI last year.

I joined ORDI at the end of April and the beginning of May last year with a half-skeptical mindset.

After participating, when discussing new things with friends, I mentioned ORDI and Bitcoin inscriptions. However, I was very cautious during the conversation—mainly because I didn't have much confidence in this new thing.

On one hand, at that time, the player community for ORDI was just beginning to form, and the inscription technology was still criticized for some obvious issues; on the other hand, I was more optimistic about another protocol (Bitcoin Stamp STAMP), believing that inscriptions might just be a transition.

Therefore, when I talked about ORDI with friends, I tried to focus on the technology and avoided discussing the price. I was very worried that discussions about the price would mislead my friends into buying something that might ultimately be worthless.

However, soon after, ORDI was listed on several exchanges, and its price quickly soared to over $20. I instinctively thought that this price was too risky; anyone buying at this level might have to hold for a long time.

At that time, there were also some KOLs online who were very optimistic about ORDI's future, calling for prices in the hundreds. I jokingly thought that even if ORDI could rise to $100, it would probably only happen at the end of the next bull market when the market was the most crazy and irrational.

Later, the market indeed fell into a deep correction, and ORDI dropped to around $3. At that point, I thought it would be impressive if its price could break through the previous high of $20.

By then, Bitcoin's price had already fallen below $30,000. Based on my estimation at the time, Bitcoin could rise to $100,000 during a bull market, which would be about a 3x increase from $30,000 to $100,000; if ORDI could recover to the previous high of $20, that would be a 7x increase from $3 to $20.

For an altcoin, such an increase would be quite significant.

Later, in November, the inscription ecosystem began to explode on a large scale, and ORDI reached a high of over $80 during that rally.

After that, in the subsequent correction in January, ORDI dropped to about $56, while Bitcoin corrected to around $50,000.

Now that ORDI has reached a historic high of $96, Bitcoin briefly surged above its historical peak to $69,000.

If we calculate from the correction in May, ORDI has risen from $3 to $96, which is a 23x increase; during the same period, Bitcoin's increase is about 2.3x.

If we calculate from the correction in January, ORDI has risen from $56 to $96, which is a 1.7x increase, while Bitcoin's increase during the same period is 1.3x.

From these two comparative data points, ORDI can always be considered a leverage for Bitcoin, but the leverage effect is weakening.

However, considering that both ORDI and Bitcoin have broken through their previous highs, this means that their potential in the upcoming bull market has been opened up, and the upward space has been completely unlocked.

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

Reflecting on these moments, I once again experienced the unpredictability of the market. For good assets, the market is likely to provide surprising and unexpected returns.

Therefore, for good assets, especially those purchased before the arrival of a bull market, we should try not to sell them before the bull market, but rather hold them until the peak of the bull market to realize profits.

Fortunately, I have always held onto the initial chips I bought and have witnessed the miracles created by ORDI along the way.