December 16th was another day of crazy gains. Looking back at the initial transfer of 10,000 U to OK Wallet, to 40,000 U yesterday, to nearly 60,000 U today, and 440,000 TURT were withdrawn and pledged. Although Inscription did not make dozens of times from the beginning to the end, I also made a steady "small profit" of 10 times under the strategy of "first to protect the capital, and secondly to wait for it to double", which took more than 20 days.
When I see some “calm” KOLs still saying, “Observe first” (but in fact, I’m very panicked).
Two weeks ago, he told his fans that if he enters now, he will take over from a high position. It is hard for me not to laugh at him and feel sorry for his fans.
Of course, there are also a few questions, which I will answer today. Including, inscriptions, such a fundamental thing, who is paying for it? Everyone makes money, but who will lose money? Will there be a big correction next? Where is the next big opportunity for Inscription? Will there be a big market after the halving?
If you don’t clarify these issues, I’m afraid it will be difficult for you to make money in the inscription track.
1. Who is paying for the "garbage" of inscriptions?
This is a question of basic value logic. In the past few years, people in the currency circle have been constantly brainwashed:
Fundamentals, institutional investment background, top university entrepreneurs, big boss orders, Grayscale holdings, TPS exceeding 10,000, etc., these are the cornerstones supporting the second generation of virtual currency.
The results are good now. Inscription has degenerated the currency circle into the ICO stage. There are no fundamentals,
Just bragging can make tens of thousands.
Who would buy something like an inscription? Isn’t it a pile of waste paper?
In fact, if you can understand BTC, if you can think of ICO, you will basically understand the inscription. This is a new way of issuing assets. Who paid for Bitcoin in the early days, and who was ICO?
In the early days, they were nothing more than a group of adventurers. They were the first to smell the opportunity for crazy wealth. They not only bought in, but also bought in on a large scale, such as the boss Wang Jinlong who is now rumored in the world.
When mainstream media and trading platforms begin to pay attention and accept this stage, who is buying? When OK is listed on Inscription and Binance is listed on ORDI, it has received the orthodox support of mainstream institutions. That is, a small number of believers and a large number of speculators have begun to buy and sell. This is the same as the secondary trading of any currency.
Who will buy in the later stage of the hype? When a real consensus is formed, just like Bitcoin, it does not need fundamentals, it is a way of storing value based on faith. The big guys buy on dips, and the leeks chase highs crazily. When all kinds of copycat inscriptions emerge crazily, and every day is a market where you can make money, it will be the same as the ICO of the year, and it will not be far from a collapse. At that time, those who bought, especially those who were not the leading inscriptions, were basically the leeks of Peak Capital.
Of course, while affirming the fair sale mechanism of Inscriptions, it must be said that although Inscriptions only has the function of storing value, although it has a strong early momentum, it will inevitably be weak in the follow-up. The simplest reason is that you do not really solve a problem like traditional project parties. , or tell a story about solving a problem.
Therefore, if ORDI is the future Dragon One, I will not approve it. At least sats, as the platform currency of unisat, will not agree, let alone future projects that can solve the L2 problem of the Bitcoin ecosystem.
2. Who is losing money in Inscription?
Now, whether it is the project party, the big guys, or the ordinary leeks, it seems that as long as they step into the inscription, they are making money during this period, so who is losing money?
The difference between Inscription and the coins with private placement and pre-allocation by the team in the past is that it is fairly minted, so there is no premium link for many VC institutions. Therefore, in the early days, those middlemen cannot make the difference, so the area for making wealth can indeed be big enough.
So the problem is that everyone makes money, but in fact this "everyone" is still a minority.
The majority of old investors who are only good at buying coins and private placements are still confused about how to play this game, and they are still worried about whether the inscription will bring down the market. Not to mention, now that the bull market is in its early stages, those who have not yet entered the market will be the next wave of investors to take over.
So who is losing money? At present, most people are making money. If during the rise, some people sell at low prices, a small number of people will also lose money. Now that the scale of funds is expanding, there will be continuous takeovers, so for the time being, everyone is floating. In the profit state, in the later stage, those who took over the orders at high positions will lose money, and in the state of large-scale dishwashing from January to April 2024, many people asked him to ship, but he wanted to make more inscriptions The holder will have to cut his flesh when the time comes, and he will also be the one who loses money.
3. Will there be a big correction next?
The article was written on December 16th. Today’s increase is quite terrifying. It is expected that this market trend will not continue to the extent that it is because the market value of ORDI and SATS is more than 1 billion U.S. dollars. Together with other inscription coins, the total market value is It is estimated to be more than 10 billion US dollars (slip of the tongue). With this market value, the current financial support will still be insufficient.
On December 16, all garbage inscriptions were rising sharply, but Long Yi and Long Two were on the decline. This may mean that there is insufficient funds in the market, and it may be transferred to other tracks, such as chain games.
Combined with the fact that Bitcoin still has not stabilized at 43,000 US dollars, and it is Christmas Eve, it is difficult to see continuity in the current market. The current Longyi ORDI technical surface is already a double top structure.
It means that the early dealers are indeed shipping, so I can’t say which day the short-term craze for Inscription will stop, but it feels like it’s not far away.
4. Where is the next big opportunity?
The next big opportunity in the near future will still exist in January, which is the next inscription that can be listed on a major exchange.
OK, Binance and UNISAT have formed a powerful triangle, and gate and bitget are also following closely, wanting to get a share of the pie, so it is inevitable that there will be more popular inscriptions that will continue to be listed on major exchanges.
Ambush in advance and buy at low prices after listing are both opportunities to make big money. After I listed on ordi and 100sats on Binance, I made 30,000 U and 80,000 U respectively. If I ambush in advance, I am afraid the income will be even greater. good.
So the question is, which is the next big opportunity?
This picture is a list of the big V Sha Po Lang, listing the leaders of each track. (Large) exchanges must continue to make inscriptions based on market value, market popularity and future development sustainability.
Taken together, I am optimistic about 6 coins, namely rats, eths, sols, bnbs, asct, and treat. Here’s why:
Choosing Rats is simple and crude, as it is very popular and has a high market value;
Eths is the leader of the Eths network. The next step is to look at the operation of Facet. It is great to be able to introduce DEFI into the Inscription track. Next, if we see not only swap, but also lending, options and other functions, it will not be achieved. A problem recognized by everyone, it has become the inscription financial platform in the decentralized world.
Of course, what Facet officials actually want to promote is Facet. After all, this is his biological son, and the price of eths is very high after all.
It is not suitable to be pushed to the market for retail investors to speculate, and of course it is likely to be split up next;
Needless to say, I recommend Sols, which is currently the leader in Inscription NFT.
How many people thought this thing was expensive when the sol price was only 40U for 5 sols, but now they are really shocked by the terrifying increase of 100 sols (the unit price of sol is still 75U). Solona is officially recommended, and it will continue to empower in the future. Becoming a status symbol of the sol ecology, it is very likely to become the next boring ape. Of course, I don’t have any now. I got off all of them when the floor price was 10 sol, so the current recommendation is really a selfless recommendation. Of course, the currency price is relatively high. I think Pulling the market requires splitting, and there has been no experience with NFT centralized exchange FT in the past. How inscription NFT forms a mapping relationship is an interesting perspective next (the experience of gate exchange remains to be seen, because it is just a reluctant data recording system). But no matter what, it is certain that Sols will be listed on the major exchanges;
The reason bnbs recommends it is that it is Binance’s own son.
Maybe by adding this at the beginning, it seems that Binance is too petty, and it is difficult to gain market recognition and achieve the purpose of grabbing the traffic of ok exchanges, but after adding a few more inscriptions, it will not be a shame for this biological son to join by the way;
Asct is currently the leader of the avanlanch ecosystem. Everyone is benchmarking against SOLs. Of course, it is not clear who is officially selected. Therefore, in addition to asct, I either buy avav, aval, avax, or play some. , if the market continues until January, it is expected to explode by then;
The last one is treat, although nostr’s mint method has been criticized by everyone and is not fair at all.
Moreover, it is a Chinese project, but the concept of nostr assets is firmly controlled by this team, so we are still optimistic that treat or trick will have the opportunity to go to a big firm. Of course, the first nostr asset $nostr that mint released this time may be the real one. Of course, the other two platform coins will also benefit from it.
Will there be a big market after the halving?
I will have the opportunity to buy the bottom of the plunge in 2024. Which coins should I plan to achieve hundreds of times, and which track will rise first? Said.
The last question mentioned the issue of narrative next year. It is expected that around the halving next year, Inscription will be great again. This is almost a certain trend. Presumably more altcoins will take off by then, and more problems can be solved, such as Inscription We can observe the development of defi issues, dust attack issues, and those clamoring for ecology. Of course, the most important thing is the development of Bitcoin L2.
Now, including the project parties, no one has the heart to do the project well, because inscriptions are too profitable. Then when the callback comes around the Spring Festival, the noisy voices will temporarily subside, and the project parties will be able to concentrate on their work. Then we will see who can really make their boast come true, and we also look forward to the next round of bigger market.
Regarding the market situation after the halving, our team has also conducted in-depth research on some currencies, which may cause great waves in the L2 ecosystem of Bitcoin, and even the market value will far exceed the current ORDI or SATS, so pay attention to my channel, before If you didn’t hear my August inscription, you would have missed millions. The most popular explanation on the Internet about BRC20, inscriptions, how to engrave, and how to cast. Is the inscription NFT or FT?
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