Fixed investment in BTC doubled in one year

EUNt...wiEe

18 Jan 2024

The price of BTC returned to US$37,000, which has doubled compared to November last year; ORDI was launched on BN and once exceeded US$23, an increase of more than 3,000 times compared with the casting price in March.
In crypto markets, opportunities may have a window of several months waiting to be captured, but most are missed.
Reflecting on the reasons why I missed out during this period, there are not only the limitations of personal cognition and technical threshold, but also the risk-taking ability of individuals who are averse to losses.
BTC year-end daily trend
1. Lack of action and courage to deeply understand new gameplay.
Bitcoin Inscription began to be discussed in early 2023, when the ordinals protocol was re-launched. Domodata deployed ordi on the Bitcoin chain in early March, and soon the first BRC20 was minted.
I certainly wasn’t that sharp to catch this hot spot, nor was it casting. Later, after unisat went online, the btc wallet was not used to mint brc20.
In summary, I am still insensitive to the new gameplay and do not learn. I take it for granted that inscription casting is too difficult.
Although there are step-by-step tutorials, I am reluctant to spend BTC to get new ones. I feel that the gas fee is unbearable, but in fact it is only a few dollars.
After ORDI was minted, more and more brc20 came online. Currently, there are more than 40,000 brc20 tokens on the chain. Except for the top ten memes out of the circle, other brc20 have not even been minted. Even if the minting is completed, there is a lack of marketing. There are no price fluctuations.
A friend has minted dozens of brc20, but currently cannot see any profit, or the time has not come, or it has already returned to zero.
BRC20 various meme fluctuations
There are more opportunities at the top of any track. After ordi was listed on BN, more people participated, and the price continued to reach new highs. If it fell, someone would buy it.
I also wrote about brc20, the Bitcoin ecological NFT, in May, but I just stayed focused on it and did not invest in BTC to try it because I was worried about returning to zero and did not want to invest in trial and error costs.
But if there is no input, there will be no output. If you invest 1 dollar, it will be multiplied 10 times or 100 times. It has nothing to do with you. If you invest 0, it has nothing to do with you.
Reflecting on the past is to change current behavior. For example, the market is still discussing BRC20 opportunities. Is it better to mint or buy some BRC20 now, such as Ordi or Sats, or ERC20 and Arc20?
Having said that, I still don’t know the market accurately and I don’t know where the opportunities are, and every success is the result of chance.
BTC ecology compiled by a player
2. Lack of firm belief in fixed investment.
In November last year, the price of BTC fell to a two-year historical low, once falling to $15,472. A year later, it had increased by more than 137%. I started investing last year and bought $15,800 of BTC, but the amount was limited.
Because I don’t know the future trend, whether it will continue to rise or fall, and I don’t dare to increase my chips at low points, I have no chance to own more BTC at 15k.
I ended my fixed investment after 27k, and after seeing the price of 15k, I always wanted to wait for a drop before buying, but the window of opportunity has been closed.
Fortunately, there is a relatively long period of time between 15k and 27k, but the investment amount is very small and I dare not take a full position.
If we continue to implement the fixed investment strategy at 27k, we will still have a 37% return at 37k, but we lack confidence in the market and have no absolute execution of fixed investment. So far, we can only seize a small number of opportunities, which is quite regrettable.
Regarding fixed investment gameplay, new and old leeks have different evaluations. For players with different risk and return preferences, fixed investment returns are too low and it is too difficult to hold.
Personally, I prefer a safe approach, not chasing highs or joining in the fun, but I have not firmly implemented it; if I am really optimistic about the future of 69k, or even higher BTC, now is undoubtedly a low point and an opportunity, but why is there still a lack of belief in fixed investment?
BTC fixed investment index
You can only take a scoop out of 3,000, and the crypto market is highly volatile. There are opportunities in every track, but everyone’s energy is limited and there is no way to track every hot spot.
Only by improving your cognition and doing the things at hand, and finding ways to expand your boundaries, can you understand and lay out new knowledge points in advance.
Thirty years in Hedong and thirty years in Hexi. Maybe the next time will be your highlight moment, but the premise is not to give up.
BTC
Of course, it is also possible to choose the wrong direction, lose opportunity costs, and stand still. This is the most regrettable and unavoidable result on the road to success.
Everything is luck, and it also requires continuous efforts and attempts to take a step forward in order to be able to bear the zero result.
The above is just my personal opinion, no investment advice. I am CryptoLola, and I am paying attention to the encryption market and web3.

Bitcoin
Brc20

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