To summarize, the start of each bull market has some common characteristics.
1. In the early stage of the bull market, the pie will slowly rise, outperforming others, and driving the rise of ether. At this time, some good mainstream coins followed the rise, other coins slowly followed suit, and a few altcoins surged wildly. In this round, like the meme and AI sectors, most altcoins made little movement.
2. In the middle of the bull market, the pie and Ethereum fluctuated and rose, mainstream currencies began to rise, and a large number of altcoins began to slowly start.
3. In the late stage of the bull market, the market fluctuates and falls. Ether, as the leader of copycats, may continue to rise. Mainstream currencies will rise one after another. The high-profile copycats of the second round of bull market will soar several times, or even dozens or hundreds of times.
So, what stage are we in now? Obviously, in the first stage, the value coins held by many people may not be able to outperform the big pie Ether, but they can outperform dogs, shit coins, BNB, etc., and some have even doubled. I was very anxious, and even couldn't sleep at night, so I chased the rise and the fall, frequently changed positions, and made one wrong step after another. The final result was that although I had experienced a bull market, others made a lot of money, but I myself suffered a huge loss. And what I want to tell you is that this is normal. It is like this in every bull market. Choose your target and hold on to it! Don’t change your car, as the tides turn, there will always be a time when it performs!
But when we take it back, we should also think about which copycats in this bull market have the highest profit ratio, that is, the most cost-effective. I think many people are still holding on to the coins from the last round, such as dot and fil. It will rise, but the odds are not high. The biggest gains in each bull market are the new species that were born (or broke out for the first time) in that cycle. For example, in the bull market of 2017, ICOs were popular, and the ones that rose the most were ICO platforms (intelligent funds). Contract public chains) Neo, Qtum, etc.; and the biggest gains in the 21 bull market are Defi, Gamefi, Metaverse, and NFT assets
However, since the development of this bull market, there is still no new asset model or business model with similar weight as smart contract platforms and Defi in the previous two bull market cycles.
The current Defi, Gamefi, NFT, and Depin, whether they are new or old projects, their product form and narrative have not evolved much compared to the previous round. They are more about iteration and repair of product functions. To put it simply, they are all " Old concept".
The relatively new species that have appeared in this cycle are mainly two:
1. BTC ecology: Ordi and sats include rats and insc inscription assets. In particular, ordi’s current market value is 1.7 billion. It has increased 30,000 times since the casting was completed in March last year.
2. Web3 AI projects: including distributed computing power projects that already existed in the previous cycle (Ak, Rr net), as well as AI projects that have emerged in this round such as TAO
But strictly speaking, AI is not a native track of the currency circle. Web3’s AI track is more the result of the penetration of the AI craze started by GPT in 2023 into the encryption industry. It can barely be considered a "new species" for half of this cycle. ".
In summary, I am still more optimistic about the Bitcoin ecosystem, mainly inscription assets, and some L2 ecology, etc.
Relatively speaking, I am more optimistic about the former, because it is a new asset category that has emerged in this round and belongs to the first layer of the Bitcoin ecosystem, while L2 is actually a conceptual re-shell of the Ethereum ecosystem. It is an "old wine in a new bottle" and will eventually be used for it. One layer of services, only when the first layer is fully developed can L2 make any achievements.
The inscription assets include: ordinal protocol atomicals protocol src20 pipe protocol rune protocol brc420
rgb lightning protocol, etc. As for some public chain inscriptions, such as sols, pols, avav, etc., we will not consider them for the time being. The principle is to wait for the dragon head inscriptions to come up before pursuing these long two public chain inscriptions.
Personally, I am only optimistic about the Ordinals protocol. This is the purest Bitcoin ecological currency, which truly embodies fairness, justice, and security. I think this is a subversion of the asset issuance methods of Ethereum and Binance. From now on, retail investors can directly Participate in the project from the beginning. You no longer need to have acquaintances or go through the back door to participate. This is also the spirit of Satoshi Nakamoto. This is also a popular (asset issuance method) every time a bull market breaks out. The representatives are ordi, sats, insc, rats
As of now, many people say that the inscriptions have returned to zero. Indeed, from December 23 to now, many inscriptions have indeed returned to zero. But on the other hand, if there are people who can survive now, is it the best opportunity to pick up the trash and buy the bottom?
For me, I am only optimistic about the above four:
Specific reasons: Ordi, Audi, ordi represents serial ordinals, the first engraved coin in the Bitcoin ecosystem, with a current market value of 1.7 billion. The minting was completed in March last year and has increased by 30,000 times; Sats, onion, represents satoshis, with a current market value of 15 Billion; Insc Inscriptions (Inscriptions), represents inscriptions. As long as the inscription is there, insc exists. The current market value is 008.5 million, the most cost-effective inscription; rats, which belongs to the leading animal of Bitcoin ecology, has a current market value of 400 million. The one with the largest position currently is insc, because I think its narrative is strong and its IP is impeccable. The only shortcoming is that community construction needs to be strengthened. However, I have observed it for several months and its price has been sideways at 0.4u. , the fluctuations are not big, and it feels like there is a strong banker with a high degree of control over the market. I think when Inscription breaks out for the third time, his price/performance ratio will be the highest. As for the other three, the current space is definitely not as good as insc.
As for the inscription, after so many years, Bitcoin finally has its own on-chain ecology. Capital, miners, and the currency circle all need the arrival of this ecology. At present, the entire ecology is less than 5 billion U.S. dollars, compared to the Ethereum ecology of 300 billion (I think The Bitcoin ecosystem will definitely surpass it in the future) It is still in a very early stage, and there are many opportunities in the future. As for when it will start, Ordi brought about the inscription craze in April 23, and sats brought about the inscription craze in December 23. Next time, big time Probability in April 24, led by insc.
Having said that, previous bull market cycles followed the rule of "the main rise is the year after the halving".
But I think the biggest year for copycats in this round of bull market should be 2024, not 2025. The cycle still exists, but it has moved forward significantly. Get ready for the imminent copycat carnival!
Finally, I have to remind my brothers
In every bull market, many altcoins are born. These altcoins have great gimmicks, their backgrounds look strong, and their rise is very strong. Please resist the temptation, you will only find out who is swimming naked when the tide goes out. When the pie plummets and the bear market comes, these copycats will be cut in half, cut off, or even close to zero. You can only speculate in a bull market! Once you make money, you must learn to keep your wealth. As the saying goes, it is easier to conquer a country than to keep it. Only by continuously accumulating wealth in the continuous bull-bear transition can you be the ultimate winner!For friends with small funds, my suggestion is to choose one or two valuable coins, hold on to them, and wait for the flowers to bloom! In any industry, insiders make money from outsiders! If you want to become an expert quickly, you must first join a high-quality circle!
Thanks for reading. Friends who want to exchange technology together and plan for high-quality currencies are welcome to the May small circle#CFX #sol $BNB