Recently, there is a project called Fractal Bitcoin, which is a concept coin made with Bitcoin. Anyone who has used the unisat wallet three times in the past six months or has assets of more than $100 can get the airdrop. This airdrop is relatively easy to get, after all, these people are old players, and unisat selects very accurate target customers.
This project was developed by the UniSat team in Shenzhen. It actually has nothing to do with mining coins. Although it is mined using POW on the surface, half of the coins are in the hands of the project party, and the rest are also controlled by them. So this is completely different from the coins you imagine that are mined fairly by mining machines.
At present, the valuation of this project is already 4 billion. As for whether it is a bubble, you can judge for yourself. UniSat's marketing is very powerful, and the project content is average, but they will take advantage of the hot spots of Bitcoin, especially the popularity of inscriptions, and ride on the popularity very successfully. If you are good at catching hot spots, you may make a lot of money.
However, I will not buy this coin. If you already have it, just keep it if you think it is good. But for ordinary players, this kind of complex project that requires mining machines, renting mining machines, and doing POW is not recommended. If you don’t understand it, you will be easily harvested.
The current market liquidity is poor and the market conditions are not good. If the market conditions are good, this kind of project may still rise. However, the coins in the hands of the project owners are free, and they still have to complete marketing tasks, so the market may be suppressed.
When the market is good, all projects claim to be innovative, such as the popular Web3 social project Friend.Tech, where many people signed in to earn points, but now the developer has run away. There are many such examples.
I see some people selling their coins and waiting for the bear market, while others are adding to their positions and holding on. I am the type of person who will add to my position. Bitcoin falling is not a loss, as people who hoard coins know. If you haven't experienced a fall, don't think about making big money in the market. To make big money, you have to go through three cycles, starting with small profits or small losses, then big losses, and then big profits. Most people have to take this path, and only a few lucky ones can make money early.
I write articles to tell you how to take the best path, make money outside the market, store coins inside the market, and try small money operations when there is a hot spot. Don't move now, the more you move, the more you lose.
I am still confident that Bitcoin can rise to 150,000-200,000. Although it is falling now, I don’t believe it will end. The market will come again, and the same goes for Altcoin. It looks different every time, but it is actually the same.
The world we see is the one we choose. If you think there is no bull market, all you see is selling information; if you believe that Bitcoin will be a wealth storage tool in the future, you will increase your position; if you think the crypto is just a place to make money, all you see is evidence of harvesting. So, it all depends on how you view this market.
Finally, there are still many things that are not written down, such as specific opportunities and specific decisions. These things are often not something that can be summarized in one article.
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