When Bitcoin was just starting to gain momentum this spring, I wrote an article saying that this was a betrayal of Bitcoin fundamentalism and that any improvement or ecological development of Bitcoin was superfluous. At the time, many big Vs on Twitter were also questioning the project.
In order to prove that I was right, I missed the 1 U piece of ORDI. I remember that it should have increased hundreds of times during the peak period. This was the first time that I missed a big opportunity because of prejudice.
When I was taking GATE, the highest score was 29U. I entered the market when it was 19U. I was so FOMO at that time, thinking that such an innovative and meaningful thing would definitely double again.
But there was no such thing as GATE’s currency withdrawal crisis. When the market was OK, the currency price kept falling, and I kept adding positions. The cost was as low as 11U. At that time, the entire Internet was cursing GATE exchange.
Since I joined OK, I couldn’t see the price of the currency. I once felt that this was a game between miners and exchanges. Knowing that OK supports the BRC ecosystem, I still felt that way, so I cleared all my positions on 13U.
Later, the lowest drop was 2.8U. I thought it would die. Unexpectedly, the inscription ecology of each chain exploded, RATS, SATS, etc. became popular. I realized it later and did not get on the bus in time, so I also missed this wave of 10 times. increase.
At the beginning of November, mining coins were hot, so I started using the machine that had been gathering dust for a long time. In addition to QUBIC and SMH that had already been mined, I also researched several POW coins, such as HMND, SATOX, NEOX, COLER, etc. Haocoin originally wanted to be a node for NEOX, but I personally thought mining would be more stable, so I took the coins I was planning to use as a node and added machines.
Who knows? COLER, NEOX, no morals, I missed the 5-8 times increase. Although the decision to mine is good, it is a long-term plan. If you see good goods, you must act in time. But once the price goes up, I don’t want to take over, so I can only wait for the next opportunity.
Regarding these two projects, ORDI and NEOX, I actually knew about them quite early, and the price I found was also very suitable, but this was not my opportunity yet. Although I received an airdrop from PYTH, it comforted my hurt heart a little. But when it comes time to review,
I concluded that you must not be biased against new things. Arrogance will make you miss many opportunities. Waiting will also make opportunities slip away. Use the losses you can afford to gamble on high odds, and use the money you can afford to lose to chase new narratives and new hot spots. First, you can maintain your sensitivity to the market, and secondly, you can verify your investment logic.
In general, I regret missing it, but I don’t regret it. There are still plenty of opportunities. I just tell myself that when the next new thing or new narrative appears, I must be the first to enter the market. Therefore, I would like to encourage my friends who have missed this round of skyrocketing projects. Don’t be impatient or anxious. There are countless opportunities in this industry. Secondly, hold on to the value coins you are optimistic about. You will not be absent under the big market conditions.
