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Topic: Is ordinance (ORDI) a good altcoin to invest? - page 2. (Read 212 times)

sr. member
Activity: 448
Merit: 354
It is impressive move but this is not showing that this coin has the bright future. Just like this we have an example of Luna. Luna was looking more good as compare to this Ordinal coin.

Before making any investment you should keep in mind that the Crypto Market is unpredictable. So always make a good research before investing. If you feel comfort so you should invest. And one more thing is your risk tolerance. How much risk you can afford. Because market is highly volatile. So be careful before. If you ask me so personally I don't like this coin.
member
Activity: 560
Merit: 17
Eloncoin.org - Mars, here we come!
Checking on binace, ORDI has been in the list of top gainers for long. The last time I saw it, the price was something like $32 but today the price is now $74 with %40 growth in coinmarketcap and it hasn't show any sign of giving up. So i started thinking that is ORDI a good project to invest this bull season?

What do you guys think about it?

  In these times, other coins, meme coins, are starting to fly little by little in the market, and now it's Ordi. Last but not least,  if it was seen less than a month ago, it was only around 30 dollars, but now it looks like it's being chased. The one before the end of one month is 100 dollars before the end of the year 2023.

  But the volatility is so high that you still need to be cautious, especially since you are not yet well-versed in trading in the crypto space. It's okay if you know yourself and really understand. But if you know for yourself that you are not careful, don't just give in to the hype. Maybe later you buy, thinking that the rise will continue, and then your purchase will start to drop in value in the market.
full member
Activity: 560
Merit: 100
Eloncoin.org - Mars, here we come!
December 25, 2023, 10:09:48 PM
#9
Sometimes I think It will be a good altcoin, since it's on Bitcoin blockchain. or does Bitcoin blockchain not have any effect on its growth or longevity?
How do I say this. Hmmm, take a look at those projects that have tried to associate their projects with Bitcoin and perfect example might be the forks. Yes, they're not bitcoin blockchains but their names have been attached to them even until now. They've made good gains on their very first year/s or so. But look where they are right now. I think that's the perfect comparison that I can say to you if you think that ordi will be a good altcoin.
Bitcoin is top project in the space, in fact anyone that have mounted pressure on the project will become very competitive and hopeful for massive gains in the market. Exploring ideas about the space and it worked so smoothly just as expected. Everyone of us have doubts regarding the projects but we just have to do what we all think is right and basic for ourselves before finally settling for some projects that I'm not confident about. ORDI can turn out to become prominent or failed project when the time comes, probably we will notice during the longevity of the bear season, that's one of the way to know altcoins.
hero member
Activity: 3066
Merit: 536
Leading Crypto Sports Betting & Casino Platform
December 25, 2023, 09:57:12 PM
#8
ORDI to me seems to be one of those coins this bull run because the narrative around that since it is on bitcoin blockchain it is for the future has played in perfectly.
Sometimes I think It will be a good altcoin, since it's on Bitcoin blockchain. or does Bitcoin blockchain not have any effect on its growth or longevity?
I think that you shall see the latest announcement from bitcoin core. The developers potentially to fix the bugs explored by ordi developers and ti may also make the price to decline anytime. This is only good for short term but it's a high risk bet for long term.
Once bitcoin developer will fix it and it will be only creating massive dump caused by ordi will be dead since you can't do any other inscription on the bitcoin blockchain. Think about that.

Im not saying ordi was bad but this token has no utility at all. It's fully speculative asset based on the pump and dump. This is why im not even thinking that investing in the ordinal is the right decision.
It gets hyped due to the bitcoin and this is the main problem. I hope that bitcoin core will be fixing the bug and it will destroy this ordi token since it was only spamming the blockchain.
newbie
Activity: 90
Merit: 0
December 25, 2023, 07:37:42 PM
#7
Checking on binace, ORDI has been in the list of top gainers for long. The last time I saw it, the price was something like $32 but today the price is now $74 with %40 growth in coinmarketcap and it hasn't show any sign of giving up. So i started thinking that is ORDI a good project to invest this bull season?

What do you guys think about it?
The first time I saw it was right after its listing on Bitget. The coin wasn't the most talked about at the time they listed so I was lucky to get a little of it at low proces. I sold for some profit later but never thought it'll rise this much. All I can say now is, I don't think ORDI is gonna be dropping back down anytime soon. I can't buy more now cos that's not smart investing (buying at the top), but I'm certainly keeping an eye on their recent listing $MUBI because of its similarity to $ORDI
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
December 25, 2023, 06:48:10 PM
#6
its a good coin to invest, but right now when price nearing $70 im not really sure, after all its already priced that high where initially the minting was rather free if im not mistaken.
if it was around sub $50 then I guess it still good for investment even then i was pretty much doubtful there's rumour going around that bitcoin core might disable the exploit for inscription rendering this coin useless because inscription can't be done anymore.
but its right now climbing up in price anyway, the thing about ORDI is that its clearly unpredictable. but if you are so sure with ordinal coin then you might invest it I guess just wait for correction if you want better opportunity of getting lower price and therefore easily make profit in the another waves of pumping but if you're so sure about its future and also really favour this coin you can try holding it.
recently bitcoin blockchain have been congested because the presence of inscription, so you know why it kept climbing in price.
hero member
Activity: 3080
Merit: 603
December 25, 2023, 06:39:26 PM
#5
Sometimes I think It will be a good altcoin, since it's on Bitcoin blockchain. or does Bitcoin blockchain not have any effect on its growth or longevity?
How do I say this. Hmmm, take a look at those projects that have tried to associate their projects with Bitcoin and perfect example might be the forks. Yes, they're not bitcoin blockchains but their names have been attached to them even until now. They've made good gains on their very first year/s or so. But look where they are right now. I think that's the perfect comparison that I can say to you if you think that ordi will be a good altcoin.
sr. member
Activity: 462
Merit: 355
The great city of God 🔥
December 25, 2023, 06:37:40 PM
#4
ORDI to me seems to be one of those coins this bull run because the narrative around that since it is on bitcoin blockchain it is for the future has played in perfectly.
Sometimes I think It will be a good altcoin, since it's on Bitcoin blockchain. or does Bitcoin blockchain not have any effect on its growth or longevity?
hero member
Activity: 868
Merit: 952
December 25, 2023, 05:56:45 PM
#3
Checking on binace, ORDI has been in the list of top gainers for long. The last time I saw it, the price was something like $32 but today the price is now $74 with %40 growth in coinmarketcap and it hasn't show any sign of giving up. So i started thinking that is ORDI a good project to invest this bull season?

What do you guys think about it?

ORDI started at around $2 price and has grown to almost $75 Today with a significant $20 increament in less than 24 hours this stats shows that bitcoin has played right into the FOMO market. If we are to analyze it, no Alticoin is good to been invested into for a long term. But for short terms like the bull run after halving I will say some Alticoins provide more profit than bitcoin although same goes with the risk. Now when trying to pick which of these Alticoins to actually gamble on, you need to pick one with a good narrative around it because those are ones That many Alticoin investors FOMO in. ORDI to me seems to be one of those coins this bull run because the narrative around that since it is on bitcoin blockchain it is for the future has played in perfectly. With it just experiencing its first halving many will invest with the hope that it will explode too during the bull run. If you have some funds to gamble then there is no harm in trying but just be sure that no Alticoin is guaranteed to stay long.
sr. member
Activity: 658
Merit: 387
December 25, 2023, 03:55:16 PM
#2
Be very careful with what you invest in; the ordina tokens are just becoming famous, and the price is pumping based on the hype it's getting. I don't think it will really be a good choice of investment; we really can't tell what's happening behind the back of those tokens.
 
Anything that has to do with NFT and it's tokens, there is really no good use case for them; it's something that I will advise anyone who wants to invest in them to proceed with caution, because if the hype is to end today, what do you think will be the faith of those tokens and what will be holding down the price from crashing?

Just like most famous NFTs, which were bought in the past by some investors for thousands and millions of dollars, currently those pieces of art can't even be sold for at least a couple of dollars. Only a few of them are getting good prices in the NFT market.
sr. member
Activity: 462
Merit: 355
The great city of God 🔥
December 25, 2023, 03:46:12 PM
#1
Checking on binace, ORDI has been in the list of top gainers for long. The last time I saw it, the price was something like $32 but today the price is now $74 with %40 growth in coinmarketcap and it hasn't show any sign of giving up. So i started thinking that is ORDI a good project to invest this bull season?

What do you guys think about it?
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