To be honest, 30k is the position that suits you, the head and shoulders have already formed, and you will eventually reach the position that you should be in.
There is another breaking news, the US Department of Justice has been approved to sell Silk Road's 6.5 billion US dollars worth of Bitcoin! The market often reaches a critical moment, with both declines and intimidation! The more fearful you are, the more you can start to plan for bottom-fishing, brothers!
What is speculated in the cryptocurrency market is popularity, and FIL and ORDI still have a chance
In the cryptocurrency circle, popularity is often the first factor in speculation. Even if it is an "old fan", as long as the timing is right and the emotions are rekindled, it can still make waves again. FIL and ORDI are two typical cases. Although they have experienced a decline in popularity, they still have the potential for a second outbreak.
FIL: The old star of distributed storage
1️⃣ Long-term track value As a leading project in distributed storage, FIL has long-term potential in its track, especially with the increase in demand for Web3 and data privacy, FIL's fundamentals remain solid.
2️⃣ New practices of old fans Although FIL has retreated significantly recently, Grayscale's recent continuous increase in positions has once again attracted market attention and released positive signals. As the bull market sentiment heats up, FIL has the opportunity to usher in a second pull-up.
ORDI: OG player of the Ordinals sector
1️⃣ Scarcity and historical significance ORDI is a representative currency of the Ordinals ecosystem. As the pioneer of NFT on the Bitcoin chain, it has the label of "historical scarcity" and will not be completely forgotten even if the market cools down.
2️⃣ Possibility of hot spot return The popularity of the Ordinals sector may be reactivated with the bull market rotation. Once the Bitcoin chain ecosystem is in turmoil again, ORDI will be the first beneficiary.
Summary: Strategy for hyping popularity 1. Pay attention to market sentiment and capital flows in the short term to capture opportunities for hot spot return. 2. Long-term holding requires attention to the progress of project fundamentals to avoid being troubled by emotional fluctuations.
Whether it is FIL or ORDI, as long as the hot spot is rekindled, "old rice" can still be eaten in new ways. The key is that what is hyped is the trend, not simply following the trend!
You don't even dare to buy the dip, how can you make money?
When Bitcoin was over 100k, you thought it would drop below 100k, and now it's fallen to 97k. You hesitate and don't dare to buy the dip, how can you get rich?
Breaking! NVIDIA is under investigation in China! 640 billion yuan evaporated overnight...
On December 9, the State Administration for Market Regulation announced: Recently, due to NVIDIA's alleged violation of the Anti-Monopoly Law of the People's Republic of China and the announcement by the State Administration for Market Regulation regarding the antitrust review decision on NVIDIA's acquisition of a stake in Mellanox Technologies Ltd. (SAMR Announcement [2020] No. 16), the State Administration for Market Regulation has legally initiated an investigation into NVIDIA.
According to Article 3 of the Anti-Monopoly Law, monopolistic behaviors include three types of actions: Operators reach a monopoly agreement; Operators abuse market dominance;