Long push: comprehensive review to grasp the operation of BRC20

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MarsBit
04-30
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1. The first token of BRC20 increased by 2000 times.

From March 9th to April 30th.

This increase is a huge and intense increase that has not been seen in the past few years.

Only the days when BTC and ETH were born can match it.

The idiot knows, you regret it.

That silly brother will not comment on the quality of this project, but tell you what happened at that time.

2. 【Timeline】

timeline:

1. On March 8th, at 12:16, an old watch named domo deployed ordi

2. At 10:40 am on March 9th, domo released brc20

3. Before 8:00 p.m., unisat released brc20 proxy printing, which can be played in batches;

4. At 2:30 in the morning on March 10, the project was almost finished.

Long push: comprehensive review to grasp the operation of BRC20

3. 【The market situation at that time】

The BTC Ordinal market at the time was small. Silly brother also rarely writes.

Why is it rarely written? Because no one reads it.

But the entire Ordinal market has seen three consecutive waves of opportunities:

Bitcoinpunk—>sats—>wizard

The .sats idiot shared it, because it is a domain name, and some people still read it.

In the live broadcast, Sha Ge told hundreds of thousands of people to pay close attention to new things in the ordinal market.

Long push: comprehensive review to grasp the operation of BRC20

4. [The emergence of BRC20]

Smart people in the market at that time were all staring at the innovations in the Ordinal market.

After the emergence of BRC20, there is only a window period of 10 hours.

In 10 hours, these smart people almost finished the 21 million Ordi, the first token of Brc20.

The first place hit 480,000 pieces. No. 10, hit 100,000 pieces.

Do you know how big the gap is between the people in fomo now and the smart people in the market at that time?

5. 【Reflection Gap】

1. Right to information: Why didn't you get the information about domo's release of brc20 in the first place?

2. Cognitive ability: Why didn't you discover the potential of brc20 in the first place. Even Domo himself didn't make any money because he was stupid.

3. Execution: Why didn't you find unisat, a proxy service in the market, in the first place?

4. Courage: When the real opportunity comes, do you dare to take a heavy position?

6. [Why people with pure technical skills can’t invest well]

Anyone who is purely technical can see this point.

When BRC20 just came out, I saw that most people who understand technology analyzed it from a technical point of view, and came to the conclusion that it is not very good. Well-founded.

However, they were all wrong. why?

Because of technical analysis, investment conclusions cannot be drawn directly.

Because of technical analysis, investment conclusions cannot be drawn directly.

7. [Why people with pure technical skills can’t invest well]

They don't understand how much Liquidity the name brc20 brings.

They don't understand what kind of investment opportunities the release of 1% of BTC's Liquidity means.

They don't understand that occupying the first card position of a new agreement is much more important in investment than technical perfection.

They are good people with integrity and kindness, but they lack the understanding of financial markets and cannot make a lot of money.

8. 【Summary】

Regardless of retail investors, those engaged in technology, and those engaged in investment, on the basis of not harming others; making money is not shabby.

Brother Sha also said that the top investors in this market are both good and evil.

Pain + reflection = progress.

Brother Sha is already speculating on the follow-up opportunities in the ordinal market. If you don't want to get lost, you can catch the silly brother @bitfool1

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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