doomloop
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October 30, 2023, 08:52:40 PM |
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Nowadays everyone is looking for a trend for example if there is an NFT trend then everyone should look out for the NFT whether it has a high price or even low but people always follow the trend. And if there is a Solana trend then they will go for Solana as we have seen in the past when there was a meme's coin trend on the Solana blockchain everyone was participating in it and got their profit with just some posting on Twitter their addresses. As of now, I think there will be an AI trend but that is not far away as I have seen a lot of project on the coinmarketcap recently that was newly listed and they got a great hype in just some time. As I remember one is Solidus AI, as it also gained good hype, and a lot of investors have invested in that. So, the AI trend will start very soon. We have to prepare for it and get the entry at the right time unless the trend is over.
Investors need to stay away from trends and instead go for something solid they can hold for the long term. In a way this reminds me what we see in the world of fashion, in which as soon as a trend is set then many people begin to buy clothes that will be out of fashion in a few months and that they will be too embarrassed to wear any longer, while those that do not follow those trends but that buy quality clothes can wear the same clothes for years and they will still look great. What if people buy cloths about a fashion trend that are related to the trend and are also of good quality and can be used for later? That means they can use the same cloths when the trend is going on and also when it's finished. This example can be used for trend related cryptocurrency projects, specifically AI related since we are talking about AI projects or coins, which might be related to the trend but are also good projects since they have good utility and has something to offer to their communities. Investing in such projects shouldn't be a bad choice because even if the trend fades away, the project can still perform well if it manages to gain a pretty good user and investor base due to the utilities, features, and products it offers and the value of its coin will also go up if that happens.
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o48o
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October 31, 2023, 06:26:05 AM |
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Investors need to stay away from trends and instead go for something solid they can hold for the long term.
In a way this reminds me what we see in the world of fashion, in which as soon as a trend is set then many people begin to buy clothes that will be out of fashion in a few months and that they will be too embarrassed to wear any longer, while those that do not follow those trends but that buy quality clothes can wear the same clothes for years and they will still look great.
What if people buy cloths about a fashion trend that are related to the trend and are also of good quality and can be used for later? That means they can use the same cloths when the trend is going on and also when it's finished. This example can be used for trend related cryptocurrency projects, specifically AI related since we are talking about AI projects or coins, which might be related to the trend but are also good projects since they have good utility and has something to offer to their communities. Investing in such projects shouldn't be a bad choice because even if the trend fades away, the project can still perform well if it manages to gain a pretty good user and investor base due to the utilities, features, and products it offers and the value of its coin will also go up if that happens. That doesn't really work on speculative assets. People buy because they think they can flip it later on, not because they would have an use case. And while i totally think most AI cryptos are a scam that don't have any use case or reason to exist. At the same time i understand that fundamentals don't even matter. You can buy a a good hammer and use it, or you can buy a hammer made of glass designed by some hyped artist. Latter one isn't as useful, but guess which most likely has better retail value, if you manage to sell at the right time? And most of the time when people buy cryptos, they are speculating about the future value, they are not storing it for later usage. Or if they are using it they will use it as a gas for trading cryptos, and that's a questionable move if the gas used now ends up being worth tens of millions dollars later on.
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vinc3
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November 01, 2023, 09:00:09 AM |
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Ico, ieo, defi, meme, nft and so many altcoin trend came, created hype and then end. I notice, when a new trend start, then trend Related new altcoins are getting lots of investor and become profitable! And seeing such success ratio, scammers also launch their token and destroy the trend and hype with scam. Now Ai coins are in trend. FET, AGIX and OCEAN are suppose to be good for investment. What do you Think? Time to invest AI coins or you avoid?
This to comes to my mind what is the next trend to follow to. Ico, gaming went by so fast. Gaming really went out last bull run together with nfts, that ride is hot and fast. But the golden question here is how to spot those kind of gems early, the timing of getting in. Per personal experience I don't look at the market until the KING - BITCOIN, went up, why because money that goes to new narrative all came from the cash that investors put into bitcoin, let's look at it as a multiplier of your winning bet. That's how simple the market is. Yet we can't take for granted the memes since people get bored after having lots in their wallets.
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JeffBrad12
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November 01, 2023, 10:45:02 PM |
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Yes, I see now kind of every project that is getting introduced now in the crypto space is having integration with AI. I think this is the time now as it is the new trend. We have seen with initial phases of ICO, IEO, meme, and defi all were successful and gave good returns. Having said so, we need to be cautious as these are crypto projects with too much volatility. We can invest some amount accepting the risk to ride on the wave.
Not every projects you saw in the market you should embrace by investing you money on such project without a proper research to know how long the projects has been on ground to favour investors, and what the projects has to offer to investors in this bearish season before you can go ahead to make your final choice. Altcoins are still good to embrace the opportunity to invest on potential altcoins, because there is a new displayed some days ago that made some projects in the market made some new changes to alert their investors about what is going to happen soon in the crypto industry. Don't invest what you can't afford to lose in any projects in the market, you can invest the little you have now to test the project before you will increase the capital in the future. AI project are kinda overhyped in my perspective, from the cryptocurrency side it quite literally contributes nothing towards the advancement of cryptocurrency and more over the AI fields are already being dominated by the big companies, like OpenAI which got massive funding by microsoft and many more. its overall quite tough competition and I've seen none of AI from cryptocurrency that could even compete on par with these. I think in the future things might change but honestly, these AI company might already advanced too far its hard pursuing them.
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Sophokles
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November 03, 2023, 10:10:23 PM |
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I have checked some AI-tagged coins on from coin marketcap and i haven't found any reason for calling them AI. Very few projects are trying to do development related to AI but their projects are not well recognized throughout the industry. Some projects that are working with data got the tag that it was an AI coin which is misleading. Though this narrative is yet to be trending but it is too early to think that there will be hype about AI in the next bull run. The industry is yet to come with a strong project that is working with AI.
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dbshck
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November 05, 2023, 12:40:00 PM |
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Now Ai coins are in trend. FET, AGIX and OCEAN are suppose to be good for investment. What do you Think? Time to invest AI coins or you avoid?
A solid AI coin that isn't mentioned often is Bittensor ($TAO). It's designed as a decentralized network for machine learning models, so it's not just another token on an existing blockchain—it's an entirely independent network. Getting started was somewhat complex due to the requirement of its own wallet software. I still haven't got a deep understanding of how it operates, the project seems like one of the more promising AI project out there. In terms of speculation, its current FDV is already high at $550M, so we probably won't see a 100x type of run. But a 5x from here should still be possible IMO if they don't fumble it.
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kawetsriyanto
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November 05, 2023, 09:54:17 PM |
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I have checked some AI-tagged coins on from coin marketcap and i haven't found any reason for calling them AI. Very few projects are trying to do development related to AI but their projects are not well recognized throughout the industry. Some projects that are working with data got the tag that it was an AI coin which is misleading. Though this narrative is yet to be trending but it is too early to think that there will be hype about AI in the next bull run. The industry is yet to come with a strong project that is working with AI.
You're right. There are some projects that can't be categorized as AI projects. They have a weak concept for AI, it seems won't las a long time in the future. Moreover, since they are not very popular, there is a small chance to get many investors joining the projects. So, it is difficult to expect the project to stay a long time due to lack interest on the project. With this matter, it is unlikely to create the hype on the project. This will be very risky to invest in the project because they have no strong reason to survive in the future. That's why I'm also still not interested to invest in new AI projects.
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Sebas.tian
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November 06, 2023, 03:42:17 AM |
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I'm not really interested in AI coin, because it's only temporary hype, therefore instead of investing in AI coin, it's better for you to invest in BTC, ETH or BNB, because currently the price of BTC, ETH or BNB is being corrected and this your opportunity to buy BTC, ETH or BNB and hold it until the next bullrun, because I'm sure when the bullrun occurs, then the price of BTC, ETH or BNB will definitely increase very high and give you a big profit.
But is not good to depend on Bitcoin alone, because something can happen that will make you to sell your altcoins to solve the issues at the moment without touching your Bitcoin in your wallet, that is why some investors use to invest in both altcoins and Bitcoin. I think Ethereum and BNB are good altcoins you can embrace in this bearish season that will give you what you want in the future because they are in good position to make their investors happy, and to make them to increase their capital in the future. No doubt, bullish season is very close which those that invested in the past and those that are investing now in Bitcoin, Ethereum and BNB will have good income to achieve from their investment soon, because the price will definitely increase higher above the current price in the market.
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justdimin
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November 06, 2023, 01:56:55 PM |
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There are some projects that can't be categorized as AI projects. They have a weak concept for AI, it seems won't las a long time in the future. Moreover, since they are not very popular, there is a small chance to get many investors joining the projects. So, it is difficult to expect the project to stay a long time due to lack interest on the project. With this matter, it is unlikely to create the hype on the project. This will be very risky to invest in the project because they have no strong reason to survive in the future. That's why I'm also still not interested to invest in new AI projects.
If so then CMC and other's should not categorize them as one (AI) because they can only miss-lead those who are into AI but I suggest that those people should also make a research or double-check things, and not just believing instantly on what they saw so that they won't get fooled. Some projects may not be an AI but as long as they are strong, they can always survived for a long time. This is what matters here and popularity can only come next because people can still discover them slowly. While those who are only popular, won't still get an investors or they can't sustain their hype if they don't have something worthy to offer.
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kotajikikox
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November 07, 2023, 03:26:46 AM |
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I have checked some AI-tagged coins on from coin marketcap and i haven't found any reason for calling them AI. Very few projects are trying to do development related to AI but their projects are not well recognized throughout the industry. Some projects that are working with data got the tag that it was an AI coin which is misleading. Though this narrative is yet to be trending but it is too early to think that there will be hype about AI in the next bull run. The industry is yet to come with a strong project that is working with AI.
What you have seen are those BS riding project that only wanted to fool people and trying to go with the hype longing to have stupid and newbie investors that will enter their project . we have been seeing this kind in many years , from ICO then IEO, then comes NFTs, Memes , swapping ? how many of these we need to see for us to understand that scammers are all around specially new projects.
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rodskee
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November 07, 2023, 06:54:51 AM |
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Ico, ieo, defi, meme, nft and so many altcoin trend came, created hype and then end. I notice, when a new trend start, then trend Related new altcoins are getting lots of investor and become profitable! And seeing such success ratio, scammers also launch their token and destroy the trend and hype with scam. Now Ai coins are in trend. FET, AGIX and OCEAN are suppose to be good for investment. What do you Think? Time to invest AI coins or you avoid?
Why not also try to check this thread mate https://bitcointalk.org/index.php?topic=5454517.0 there are much of speculation in that thread that will help others understand and have good views(even bad views) about AI project , also look to how many comments in each provided AI project about their coming prices. I'm not really interested in AI coin, because it's only temporary hype, therefore instead of investing in AI coin, it's better for you to invest in BTC, ETH or BNB, because currently the price of BTC, ETH or BNB is being corrected and this your opportunity to buy BTC, ETH or BNB and hold it until the next bullrun, because I'm sure when the bullrun occurs, then the price of BTC, ETH or BNB will definitely increase very high and give you a big profit.
But is not good to depend on Bitcoin alone, because something can happen that will make you to sell your altcoins to solve the issues at the moment without touching your Bitcoin in your wallet, that is why some investors use to invest in both altcoins and Bitcoin. I think Ethereum and BNB are good altcoins you can embrace in this bearish season that will give you what you want in the future because they are in good position to make their investors happy, and to make them to increase their capital in the future. No doubt, bullish season is very close which those that invested in the past and those that are investing now in Bitcoin, Ethereum and BNB will have good income to achieve from their investment soon, because the price will definitely increase higher above the current price in the market. Diversification is always best mate(but must have majority of our funds to be in Bitcoin and just put a bit for altcoins such AI projects) we must depend in bitcoin but not to be alone , try to extend also our effort in finding best coin not just AI but other chain as well.
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Dunamisx
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November 08, 2023, 09:33:09 AM |
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Ico, ieo, defi, meme, nft and so many altcoin trend came, created hype and then end. I notice, when a new trend start, then trend Related new altcoins are getting lots of investor and become profitable! And seeing such success ratio, scammers also launch their token and destroy the trend and hype with scam. Now Ai coins are in trend. FET, AGIX and OCEAN are suppose to be good for investment. What do you Think? Time to invest AI coins or you avoid?
I won't say they are not good investments but must take caution with them and never hold these coins longer if ever you invested. Because you are right, they will never stay long but end up shortly. This is a big problem in hyped projects and holding them could be a reason for our losses as well that is why we must sell them before the hype is over. Yes, we can't simply ignore scam project a reason why research really matter before investing with them. A project that has the name of a hyped topic doesn't necessarily have to be a bad one or just created for the hype, take AI as an example here, there can be a lot of good projects that are actually utilizing Artificial Intelligence technology to offer something to the people, so we shouldn't just label every single project with the name 'AI' to be just a hyped and untrustworthy project because some of them are actually good and they have good utilities to offer. This is the reason why it's important to do your research and analyze every single project before reaching a conclusion based on what everyone is saying. I know there is a fair amount of reality in that but it doesn't have to apply to every single of these projects that we see in the industry promoting AI. Let's make it clear for everyone to realize the fact that it's not about AI or not, it's all about who are the developers that are financing the project, who are the ones behind it development, what is their main target, market cap, market vol, previous history, reputation and the liquidity pool which is their financial capacity to sustain the project and maintain it running, at the end as well, it still takes risk to make an investment in them because anything can happen as unforseen circumstances.
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batang_bitcoin
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November 08, 2023, 05:47:22 PM |
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I was wrong on an specific AI coin because I was brought by the hype. I knew it that I shouldn't be like that whenever there are new trends in the market. I have bought it at the launching price and thought that it will pump as much as it can because of how the mass media have been publishing articles a lot of it and have seen people talk about it. Yeah, I was an idiot and basically won't happen again and I won't mention that AI coin that I've bought but I guess most of you have got an idea what it is.
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Rent this sig space so that BTC goes to $100k.
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TakeItEasy
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November 08, 2023, 09:12:37 PM |
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Not sure if this is a big trend in this market, as well as not sure about the criteria for evaluating a quality project. I can come across a lot of AI projects, but in my opinion it is not enough to make me pay too much attention, maybe not ready for the money to flow into this trend right now but it seems good to risk my head. yes, some big names related to chatGPT fomo, however i think people should avoid duplicating projects. Or if I'm comfortable being patient, I would still think there are better opportunities to buy cheap altcoins.
Recently saw a project that was on coinmarketcap named as Chaingpt related to AI, and that is AI project which seems a better project to me. As I have saw its partnerships and its quite amazing. Also I saw it has a volume of $600k which is a decent volume for the listed AI project in the current market situation, as we have seen the market was running good since a month or less. Moreover, they managed an airdrop on the coinmarketcap in which they select only 1000 participants. And they rewarded them today. As this is the sign of better project. Better thing is I have saw they have 1M followers on the coinmarketcap.
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Sophokles
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November 09, 2023, 12:17:40 PM |
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I have checked some AI-tagged coins on from coin marketcap and i haven't found any reason for calling them AI. Very few projects are trying to do development related to AI but their projects are not well recognized throughout the industry. Some projects that are working with data got the tag that it was an AI coin which is misleading. Though this narrative is yet to be trending but it is too early to think that there will be hype about AI in the next bull run. The industry is yet to come with a strong project that is working with AI.
What you have seen are those BS riding project that only wanted to fool people and trying to go with the hype longing to have stupid and newbie investors that will enter their project . we have been seeing this kind in many years , from ICO then IEO, then comes NFTs, Memes , swapping ? how many of these we need to see for us to understand that scammers are all around specially new projects. I believe crypto investors are intelligent and though not all of them are not tech savy. But to convince an investor about investing in an AI coin requires that the project team come up with an idea, technology and product. It's still expensive to do for a scam group. It is not like a meme project where you just create a token and offer high yields through farming and providing liquidity. What most of these AI projects are doing right now is working with data, oracle, cloud computing, decentralized storage and calling themselves AI to get investors attention.
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tygeade
Legendary
Offline
Activity: 2212
Merit: 1059
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November 10, 2023, 08:15:02 AM |
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What you have seen are those BS riding project that only wanted to fool people and trying to go with the hype longing to have stupid and newbie investors that will enter their project . we have been seeing this kind in many years , from ICO then IEO, then comes NFTs, Memes , swapping ? how many of these we need to see for us to understand that scammers are all around specially new projects.
I believe crypto investors are intelligent and though not all of them are not tech savy. But to convince an investor about investing in an AI coin requires that the project team come up with an idea, technology and product. It's still expensive to do for a scam group. It is not like a meme project where you just create a token and offer high yields through farming and providing liquidity. What most of these AI projects are doing right now is working with data, oracle, cloud computing, decentralized storage and calling themselves AI to get investors attention. That is not always true, there are so many people who are technologically illiterate and they ask for others to help them with their bitcoin investment. It is clear that not all of bitcoin investors are capable of understanding what AI is all about, I mean even the whole world do not properly understand that AI is not AI , it has never been AI, because the idea of AI is that it would "think" for itself, whereas the ones we have are machine learning, something you put data in, and it can pull from that data and give a response to you, and not something that could think for itself without getting the data for it, if you ask the current AI system a question and it doesn't have data, it will tell you that it doesn't have an answer, and in a real artificial intelligence product, it would be able to discuss about it at least. The end deal is that, most people do not know much about AI, and they will see that as a hyped buzzword and invest into it, and it has already happened too, many projects with AI in their names got funded even though they were terrible.
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Sophokles
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 10, 2023, 12:09:15 PM |
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What you have seen are those BS riding project that only wanted to fool people and trying to go with the hype longing to have stupid and newbie investors that will enter their project . we have been seeing this kind in many years , from ICO then IEO, then comes NFTs, Memes , swapping ? how many of these we need to see for us to understand that scammers are all around specially new projects.
I believe crypto investors are intelligent and though not all of them are not tech savy. But to convince an investor about investing in an AI coin requires that the project team come up with an idea, technology and product. It's still expensive to do for a scam group. It is not like a meme project where you just create a token and offer high yields through farming and providing liquidity. What most of these AI projects are doing right now is working with data, oracle, cloud computing, decentralized storage and calling themselves AI to get investors attention. That is not always true, there are so many people who are technologically illiterate and they ask for others to help them with their bitcoin investment. It is clear that not all of bitcoin investors are capable of understanding what AI is all about, I mean even the whole world do not properly understand that AI is not AI , it has never been AI, because the idea of AI is that it would "think" for itself, whereas the ones we have are machine learning, something you put data in, and it can pull from that data and give a response to you, and not something that could think for itself without getting the data for it, if you ask the current AI system a question and it doesn't have data, it will tell you that it doesn't have an answer, and in a real artificial intelligence product, it would be able to discuss about it at least. The end deal is that, most people do not know much about AI, and they will see that as a hyped buzzword and invest into it, and it has already happened too, many projects with AI in their names got funded even though they were terrible. If someone is investing millions of dollars in a project then he must have used his time to learn about the project or hire someone who can explain to him in his understandable words so that he can make his investment decision. All the investors are not gamblers they just saw, projected, and put in millions of dollars without thinking about its future. No one wants to lose their money. You are right that most people lack of knowledge about AI. The concept is not new but the technology is so it requires time for people to get familiar with the technology.
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fullhdpixel
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 10, 2023, 08:04:16 PM |
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I was wrong on an specific AI coin because I was brought by the hype. I knew it that I shouldn't be like that whenever there are new trends in the market. I have bought it at the launching price and thought that it will pump as much as it can because of how the mass media have been publishing articles a lot of it and have seen people talk about it. Yeah, I was an idiot and basically won't happen again and I won't mention that AI coin that I've bought but I guess most of you have got an idea what it is.
Well, everyone makes mistakes, so you shouldn't call yourself an idiot for that. However, one thing is to be learned from this, which is that one shouldn't invest a lot of money in coins or tokens that are released during a bear market because they will most probably go down with the market right after they are launched and the initial hype is over. We all know that any coin that is promoted will get some hype and rise right after it's listed in an exchange but it goes down with the same speed after a short while. It's not just about hype or trends or anything, it's not recommended to invest in coins at their launch because you don't know what will happen next, so it's always better to invest only in coins or tokens after they get out from that phase because that is when you can see if they are good or bad.
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Mame89
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 11, 2023, 05:53:33 PM |
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I have checked some AI-tagged coins on from coin marketcap and i haven't found any reason for calling them AI. Very few projects are trying to do development related to AI but their projects are not well recognized throughout the industry. Some projects that are working with data got the tag that it was an AI coin which is misleading. Though this narrative is yet to be trending but it is too early to think that there will be hype about AI in the next bull run. The industry is yet to come with a strong project that is working with AI.
Even though everyone is focusing on BTC, ETH or other top alt coins and being defensive, they are missing out on quality projects that will launch on CEX. For example Ai coin will soon become mainstream, 10x-20x is very possible even during this bear market but few people know about it. But still think again before investing your money in AI coins, don't just look at the team, but we have to look at all aspects. Sometimes we have to be smart in seizing the moment even if it's not for the long term.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | | | [ | 1,000x LEVERAGE | ] | [ | . COMPETITIVE FEES | ] | [ | INSTANT EXECUTION | ] | | | ██████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████ | ████████████████████████████████████████████████████████ . TRADE NOW . ████████████████████████████████████████████████████████ | ██████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████ |
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Sophokles
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 11, 2023, 06:55:46 PM |
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I have checked some AI-tagged coins on from coin marketcap and i haven't found any reason for calling them AI. Very few projects are trying to do development related to AI but their projects are not well recognized throughout the industry. Some projects that are working with data got the tag that it was an AI coin which is misleading. Though this narrative is yet to be trending but it is too early to think that there will be hype about AI in the next bull run. The industry is yet to come with a strong project that is working with AI.
Even though everyone is focusing on BTC, ETH or other top alt coins and being defensive, they are missing out on quality projects that will launch on CEX. For example Ai coin will soon become mainstream, 10x-20x is very possible even during this bear market but few people know about it. But still think again before investing your money in AI coins, don't just look at the team, but we have to look at all aspects. Sometimes we have to be smart in seizing the moment even if it's not for the long term. I don't think AI coins will be mainstream. BTC, ETH or any layer0 project should be in mainstream as this will be the backbone of a project by providing infrastructure or technological support. AI is just a technology even if their trends come in they will use any existing blockchain to develop their project. If AI gets market exposure like meme coin does then it can do more than the ROI you are talking about but there are so many potential sectors that can be trending in the upcoming bull run that it will be hard to predict which one will get most of the exposure.
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