The panic in the market caused by Grayscale's reversal was too strong, and the market crashed for many days in a row. Although BlackRock and their ETFs gained more than Grayscale's, they couldn't bear to follow suit, and Grayscale was losing money every day. Follow the trend.
Many people in Inscription have invested heavily in their positions recently. If it weren't for Ordi and Sats, they would be cut in half again and again, and the profit-making effect would be very poor and short-lived. For example, I hold the cook, nostr, psbts and stamps myself. This loss is mainly caused by laziness. I can definitely make money and I am a little indifferent to these positions.
It is difficult to make money by buying coins in the first ten days of the new year. I also lost about 20% of my funds. Basically, when you think about the pattern, it will rise a little bit and then start to fall. If you want to make a little bit, lose it, it will be given to you at random. Here comes a big one. When you think about the pattern again, you will lose money after buying continuously.
If there are no bookmakers in this market, we all need to rely on the market's money-making effect to fish in it. It is impossible to make money every time. Not only that, the probability of loss in the market's downward range is still very high.
Personally, I never go short, so when it goes down, I will reduce my positions and reduce my losses if I am thoughtful. This year I am relatively lazy and do not have much desire for money, so I just throw away the losses after a lot of gains. This is an extremely incorrect operating state 😂 and it is also the main reason. The money-making effect is too poor and there are no coins that fit my own trading logic, so I have no intention of speculating in coins. I buy it occasionally, and after a while I will see why I still have this thing in my pocket.
The current trading mentality also has a lot to do with this year's goal. This year's goal is set very low, and I will be satisfied if it is doubled or so. The plan for the first half of the year is manta and blast, so I only focus on these two. I basically have no other ideas. I may participate in a small amount to get a feel for the market.
After both of these are over, maybe all the profits will be converted into btc/eth, and you can do other things that you like. (But it’s definitely not investing everywhere or starting a business. You only know how to speculate in coins and know nothing else. If you don’t work hard, you won’t die.)
But if you want to turn around in this market and continue to make big money, I suggest that even if you are fully confident, you should not take heavy positions in altcoins in the downward range. You can only take a very small position to test whether a small amount can make a big gain. It is best to wait. Extreme reversal, small amount of trial and error. Don't engage in contracts either. If you die once or twice, you will really die. You can do it on the spot and ensure your survival.
Many people in Inscription have invested heavily in their positions recently. If it weren't for Ordi and Sats, they would be cut in half again and again, and the profit-making effect would be very poor and short-lived. For example, I hold the cook, nostr, psbts and stamps myself. This loss is mainly caused by laziness. I can definitely make money and I am a little indifferent to these positions.
It is difficult to make money by buying coins in the first ten days of the new year. I also lost about 20% of my funds. Basically, when you think about the pattern, it will rise a little bit and then start to fall. If you want to make a little bit, lose it, it will be given to you at random. Here comes a big one. When you think about the pattern again, you will lose money after buying continuously.
If there are no bookmakers in this market, we all need to rely on the market's money-making effect to fish in it. It is impossible to make money every time. Not only that, the probability of loss in the market's downward range is still very high.
Personally, I never go short, so when it goes down, I will reduce my positions and reduce my losses if I am thoughtful. This year I am relatively lazy and do not have much desire for money, so I just throw away the losses after a lot of gains. This is an extremely incorrect operating state 😂 and it is also the main reason. The money-making effect is too poor and there are no coins that fit my own trading logic, so I have no intention of speculating in coins. I buy it occasionally, and after a while I will see why I still have this thing in my pocket.
The current trading mentality also has a lot to do with this year's goal. This year's goal is set very low, and I will be satisfied if it is doubled or so. The plan for the first half of the year is manta and blast, so I only focus on these two. I basically have no other ideas. I may participate in a small amount to get a feel for the market.
After both of these are over, maybe all the profits will be converted into btc/eth, and you can do other things that you like. (But it’s definitely not investing everywhere or starting a business. You only know how to speculate in coins and know nothing else. If you don’t work hard, you won’t die.)
But if you want to turn around in this market and continue to make big money, I suggest that even if you are fully confident, you should not take heavy positions in altcoins in the downward range. You can only take a very small position to test whether a small amount can make a big gain. It is best to wait. Extreme reversal, small amount of trial and error. Don't engage in contracts either. If you die once or twice, you will really die. You can do it on the spot and ensure your survival.