2025-12-22 19:24:19

There is an interesting phenomenon—before the market has finished moving, people are already starting to reminisce about that round of market activity in August 2023. To be honest, the level of market panic back then was actually deeper than it is now. Coins like ORDI, PEPE, WLD, and AAVE performed quite well, but the market sentiment at that time was much worse.

A person I know is the best example of what not to do. He got 200,000 ORDI when it was 9 dollars, then sold at a loss when it dropped to 5 dollars. At that time, I advised him to buy more, but he actually wasn't short on money; he just couldn't handle the market pressure. In the end, he sold at a loss because of a certain female KOL and turned around to chase after Bitcoin at its bottom.

However, there are also people who achieved great results during that market wave. There was a girl who did well in both SOL and the inscription sector, and a friend from Jiangxi also got some good stuff in inscriptions. I advised him to sell quite a bit before it was listed on a major exchange, but overall the results still look good.

The most tragic story is about a child from Xuzhou. The young calf is not afraid of the tiger; he put all the money he earned from working, plus over a hundred thousand borrowed, into the market. In July and August of 2023, he wanted to end everything in the middle of the night, but despite being advised not to play with leverage, he couldn’t be persuaded.

People always reminisce about the past. This is true for trading coins and for ex-partners. Interestingly, the fundamentals of cryptocurrency have now entered a positive cycle again, and the entire industry's structure has become increasingly clear. This time is somewhat different from the last round.

The predictive market is currently a track worth paying attention to. Although some predictive market platforms have been in operation for many years, before each new project goes live, there is always a flurry of activity. The key is still that old saying: get in early, get on board early, and get off early.

ORDI-1.59%

PEPE-2.53%

WLD-3.61%

AAVE-2.24%

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OffchainOracle

· 12-22 19:55

Those who cut losses and run from the bottom really deserve it; if your mindset is poor, don't play with coins, that's the difference. To be honest, missing out on that wave of ORDI was really a miss, and now chasing the price is just foolish. The prediction market really needs to be monitored closely, but I'm afraid of getting trapped at high positions. The most ridiculous is that kid from Xuzhou, borrowing money to play with leverage is really asking for trouble. I've heard "get in early and get out early" countless times, yet there are still people who don't believe it; they just love to chase the price and sell with bearish market.

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FomoAnxiety

· 12-22 19:54

9 dollars play people for suckers 5 dollars, this mentality is really something, even worse than being played by KOL Really, the prediction market has started to hype up again, same old trick, just shearing the sheep The mentality is truly the biggest enemy in Cryptocurrency Trading, it's not about lacking money, it's about lacking mentality I really feel for that guy from Xuzhou, hope he's doing better now Wait, is this round's fundamentals really different, or are we going to play people for suckers again? People just love nostalgia, when losing they think of when they were winning, when winning they think of when they could win more To be honest, the prediction market can really make money or is it just a variant of gambling Getting out of positions this morning, it's easy to say but really hard to do

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ShibaMillionairen't

· 12-22 19:53

Really, seeing ORDI fall from 9 dollars to 5 dollars while some people are still playing people for suckers, I feel that this game tests not technical skills at all. The influence of certain KOLs is indeed absurd, a single sentence can change a bunch of people's minds. This wave of prediction markets is indeed a bit different, but to be honest, it’s still the same old tricks, peaking right after launch. The story of that kid from Xuzhou makes me a bit uncomfortable, leverage is truly poison. Nostalgia for the past is like this, Bitcoin was the same, exes were the same, people are just like this. The wave in 2023 was actually a mental battle, whoever has a hard enough mindset makes money, looking back now it’s all paper riches. That girl with SOL really has vision, she dared to all in during the inscription zone back then, now who’s regretting it? Getting in early and getting out early sounds easy but is really deadly to execute, I'm still researching this term.

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ForkYouPayMe

· 12-22 19:48

Cut Loss is always regretted, and holding onto positions always leads to regret for not buying more, it's that simple. The mindset truly is worth much more than the techniques; just look at that guy. The prediction market is going to be hot this round, but don't be too optimistic; the tricks to Be Played for Suckers are the same every year.

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ImpermanentPhobia

· 12-22 19:44

The guy who cut losses is really disappointing; he couldn't even hold onto 9 bucks of ORDI. To put it bluntly, it's still a lack of mental fortitude. This time, the prediction market is indeed worth watching, just afraid it will turn into a mess again... The saying 'get in early and get out early' never goes out of style. That kid from Xuzhou really shocked me; this is the power of leverage... Playing with coins is one thing, but there has to be a bottom line. It's really a matter of mindset; always reminiscing about the previous round, and when the next round starts, you'll be longing for this round again. There are those making money and those getting liquidated; there were indeed people making a fortune during that wave of inscriptions, but there are also a lot who cut losses. To be honest, if you can't handle the psychological pressure, then don't play. Don't make it harder than your ex. The fundamentals are indeed different this round, but the same logic applies... Buying the dip in a bear market is always the hardest. It feels like the prediction market is about to repeat the routine of hype followed by a drop.

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