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Last night, my “zeroed-out” account moved
Just before twelve, my phone popped up a notification: $ORDI is up 40%.
My first reaction was that the app was broken. I hadn’t opened this coin in almost a year.
When inscriptions were hot in 2023, a friend stayed up late to grab the whitelist. Thousands of ORDI had a cost of almost nothing. Later, it climbed to $90, and he used it to pay off the mortgage on his hometown house. Then it fell to $2—down 97%. In the group chat, nobody mentioned the words “inscriptions” anymore.
I chased it a little too. I lost so much I couldn’t be bothered to sell, so I just left it in my wallet as a keepsake—like that cracked-screen phone hidden deep in a drawer: I know it’s there, but I never thought it could turn on again.
But last night, it turned on.
On April 16, ORDI surged from $2.55 to $5.23—doubling. But it wasn’t bought up slowly. In 24 hours, $3.31 million was liquidated from short positions, and at one point the long-to-short ratio was 10:1. The people betting on shorts got wiped out one by one by consecutive bullish candles, and they buried themselves in the process.
$ORDI has no project team, no VC. The full 21 million tokens were all minted by the community itself. What is it worth? It’s worth “a group of people still believing in it.”
My friend messaged me: “Did you see it?”
The most fatal mistake with small capital is going all-in in one shot. Divide your principal into 3 equal parts, each with a clear purpose, and do not mix them arbitrarily:
• 1 part for short-term trading: catch small fluctuations, buy low and sell high quickly, take profits when the time is right, and avoid greed that turns small gains into big losses;
• 1 part for medium to long-term investing: wait for a major trend to form before entering the market, avoid frequent monitoring and fiddling, and reduce ineffective operations;
• 1 part as a safety fund: never move it, regardless of market rises or falls, keep it for critical moments to provide a safety net, and as long as the green mountains remain, there’s no need to worry about missing opportunities.
2. Only pursue certainty opportunities, stay in cash and wait for the wind to come
80% of the time in the crypto world is spent in turbulent consolidation, frequent trading only wastes transaction fees and results in losses the more you tinker.
Almost at 12:00, my phone popped up a notification: $ORDI is up 40%.
My first reaction was that the app had broken. I hadn’t opened this coin in almost a year.
When inscriptions were all the rage in 2023, a friend stayed up late to get on the whitelist—thousands of ORDI cost him almost nothing. Later, it rose to $90, and he paid off his hometown mortgage. After that, it dropped to $2, down 97%. In the group, no one ever mentioned the two words “inscriptions” again.
I also chased a bit myself. I lost so much that I couldn’t be bothered to sell, so I just tossed it in my wallet as a keepsake—like that broken-screen phone deep in the drawer: I know it’s there, but I never thought it could still power on.
But last night, it powered on.
On April 16, ORDI surged from $2.55 to $5.23—doubled. But it wasn’t something that climbed slowly—short positions got liquidated for $3.31 million in 24 hours, with a long-to-short ratio that was once as high as 10:1. The people shorting it were forced out and closed one by one by bullish green candles—burying themselves with their own shorts.
$ORDI has no project team, no VC; all 21 million coins were minted by the community itself. What is it worth? It’s only worth “a bunch of people still believe in it.”
My friend sent me a message: “Did you see it?”