Is ordinance (ORDI) a good altcoin to invest?

[Samlucky O]

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?

[Orpichukwu]

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.

[Zaguru12]

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.

[Samlucky O]

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?

[batang_bitcoin]

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.

[JeffBrad12]

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.

[Joseph-P]

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

[X-ray]

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.

[Belarge]

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.

[Ben Barubal]

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.

[Publictalk792]

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.

[Essential10]

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?

It looks like a good coin for its price, ORDI was worth between five and six dollars about two months ago, 10 times that in the current market. I have no idea what the character of this coin will be in the future. It is difficult to say whether such coins are suitable for long-term investment. We've seen many alt coins rise in value in the past and I've seen them fall in short periods of time. It may be wise to wait for a price correction or hold the coin if you believe in its future potential. It is your personal decision if you want to invest in this coin. The value of ORDI coin has increased a lot now, the price can drop at any moment, I don't want to invest in such coins for now.

[batang_bitcoin]

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,

Well, basically you're saying that it's two-way around. ORDI can be successful or a failure which you're saying that it's either of the two and that's just confusing on which side you really are at.

probably we will notice during the longevity of the bear season, that's one of the way to know altcoins.

Most of the projects by that time are going to be dead for sure. Some are good today because we're approaching the bull run but definitely a lot will be out of this market by the bear market.

[bluebit25]

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?

Most of us only pay attention when it increases sharply ,

I also bought some ORDI at around $5 when the market was not as excited with many altcoins as it is now, even though I took profits and only kept a little with But honestly, for those who are FOMO, if you can accept the risks, just take action. This market has many opportunities and many potential risks, when something causes an increase in price, people will pay attention to it and the surrounding things, and at a certain state, those who come early will have the opportunity to liquidate, although in the short or long term the patience factor will still determine the goal but will also include risks. I don't like to talk too much about opportunities and forget about risks, so consider carefully and make appropriate decisions.

[Samlucky O]

If you ask me so personally I don't like this coin.

Yes me too. I have decided to invest on Bitcoin only, but sometimes I am always triggered by the pump in price of some altcoin. And when I want to try, I get a memory flash back of wjat altcoin did to me and I been keeping toy promise for long and never deed. The last time I did iost $30. and it still harden my mind tje more not to invest on alcoin. Though I talk about altcoin in altcoin discussion but just to learn about altcoin but don't have the mindset to invest in it.

[Churchillvv]

Well, with the increase in price, I think it would have been good to invest in it for whatever you can afford to lose just for trying sake if your luck would shine. But if anyone should think of long-term investing now that the price is up to 70ish, then it is on him or her.

Even from the look of things, if the X account is investigated, it will sure fall into the hands of one of those pump and dump groups that create tokens for their selfish reasons. "ORDI token has no utility." This combination of words is my red flag for that project. I think the creators of this token just used a slight opportunity to attach it to Bitcoin in order to get hype. Well, it's bull season approaching so fast that everyone should be aware of new developments like this taking place.

Whatever we choose to do with this token, we should be very careful, that's all.

[GlacierBIT]

If you ask me so personally I don't like this coin.

Yes me too. I have decided to invest on Bitcoin only, but sometimes I am always triggered by the pump in price of some altcoin. And when I want to try, I get a memory flash back of wjat altcoin did to me and I been keeping toy promise for long and never deed. The last time I did iost $30. and it still harden my mind tje more not to invest on alcoin. Though I talk about altcoin in altcoin discussion but just to learn about altcoin but don't have the mindset to invest in it.

I am sure that many who trade cryptocurrencies have their own sad experience of trading altcoins, so there is no and never will be a trusting relationship. The sharp rise in altcoin prices is tempting. It is completely normal to be interested in other cryptocurrencies such as ordi, especially when you see their prices rising.

[crwth]

Being listed in Binance has given it a lot of volume and traction for sure. Maybe having a connection with Bitcoin Ordinals has given it that kind of traction right? I think you should be careful about what you invest in and it's best to see the news about it or something. If it's too fast in growing, I'm not sure how it could sustain or something.

[Zaguru12]

Being listed in Binance has given it a lot of volume and traction for sure. Maybe having a connection with Bitcoin Ordinals has given it that kind of traction right? I think you should be careful about what you invest in and it's best to see the news about it or something. If it's too fast in growing, I'm not sure how it could sustain or something.

I think both of the things you mentioned are actually the criteria’s that are giving this ORDI of a thing a huge hype. The blockchain network it shares with bitcoin has given it its reputation at the NFT marketplace because most investors look into the current coin or blockchain of the token they want to invest and bitcoin is a strong one that gives ORDI an edge. As for binance listing it we can all see the liquidity, teh price rose from around $10 as at the time it was listed on binance on the 7th of November to now which shows more than a 7X from the listing date. One thing is the hype will continue into bull run because many people will like to ape but after then I see it dumping hard

[Yogee]

[....]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?

The conservative in me thinks it's not going to grow another 5x or 10x from here. It may go past $100 but that gain is probably too little compared to coins and tokens that are yet to have their turn. It's not the best investment if you're trying to maximize your profits in this cycle. It will turn into a slow horse if you know what I mean.