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"History of a Sluggish Coin: A Cautionary Tale"

Let’s talk about ~ Its price has been sluggish for a long time, and it has trapped many people for a long time. It’s not because of any market wash or bad timing, it’s just not making a market + selling. I’m not fussing about it (I was also forced to buy part of it before due to problems with BTC L2. But I don’t know what the profits will be in the future. I can only say that in the bull market, every coin can make money), I just want to say some history that newcomers don’t know. , don’t add filters~Can I buy this coin? If you are looking at it from the perspective that every coin can make money in the bull market, then of course you can buy it, and there are many types of coins that can be bought; if you are looking at it from the perspective that you can make many times the profit, then I don’t think so. I know... After ckb called out to build the second layer of Bitcoin, it was actually calm, and there were too many people shouting; but it was different after rgb++ was proposed. The rgb protocol would really be developed in advance, and many technical experts have analyzed it. Conclusion: The privacy becomes weaker, but the practicality is strengthened. Everyone invests with real money and thinks it is reliable. In addition, the market value is relatively low. Many projects that pledge BTC are valued in the billions. RGB++, which can greatly increase the transaction volume of Bitcoin like Inscription, is only a few hundred million. These are all reasons for hot money. Newcomers may not understand. But old guns cherish the current bullets, so it makes sense not to rush for new coins.According to past historical speculation, this team does not make markets, but in mid-February it was suspected that there was some gambling activity, and I expect it will be based on the progress of BTC L2 news.Note, I emphasize again, the purpose of mentioning this coin is to tell newcomers about history, without any filters! Therefore, your buying and selling must comprehensively consider the cost-effectiveness of funds. Don't go crazy just because others are blowing you, or you won't be able to bear the fluctuations. The progress of the project is unknown, I don’t know the technical details, and the nature of hot money cannot be guessed at this stage. What is known is the BTC L2 sector.

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