The TRUTH about AI crypto coins... (act now)
Summary
TLDRIn the discussed episode of 'Crypto Over Coffee,' the focus is on the intersection of AI and cryptocurrency, highlighting the potential yet warning of the risks of scams and hype in the market. The video emphasizes the importance of understanding the technology and market trends, suggesting careful investment in AI-related crypto projects, especially those with tangible use cases like decentralized compute infrastructure and data marketplaces. It advises viewers to conduct thorough research, identify genuine projects with real teams and clear value propositions, and to have a clear exit strategy for profits to avoid losses when the AI narrative inevitably shifts.
Takeaways
- đĄ AI and crypto are currently hot narratives in the technology and investment world, with significant capital being invested in both areas.
- đ The intersection of AI and crypto can be profitable, but it requires careful analysis and understanding of the underlying technology and market trends.
- đ Be cautious of scams and projects lacking product-market fit within the AI crypto space, as the hype can sometimes overshadow substance.
- đ Evaluate AI crypto projects on their fundamentals, including the problem they solve, the size of the market opportunity, and the necessity of a token in their ecosystem.
- đ» Look for projects that provide decentralized physical infrastructure, such as compute power, which is crucial for AI development and can benefit from tokenomics.
- đ Data marketplaces for training AI models are a viable niche where crypto and AI intersect, offering monetization opportunities for data providers and users.
- đš Projects focusing on the ownership, provability, and verifiability of AI-generated content could be valuable for ensuring the authenticity and attribution of digital creations.
- đ„ Be wary of projects that pivot to AI from other areas or those with a sudden, aggressive marketing push, as these may signal desperation or lack of genuine investment in the AI space.
- đ„ Check the credibility of the team behind an AI crypto project, as transparency and a track record of success can be indicators of a project's potential.
- đ Plan for profit-taking and set targets when investing in AI crypto projects, as the hype cycle can be fleeting and it's important to secure gains when possible.
- đ Be aware that the AI and crypto narratives may blend, and some projects might be more focused on deep infrastructure or other aspects rather than pure AI applications.
Q & A
What is the main focus of the discussion in the video?
-The main focus of the discussion is the intersection of AI and cryptocurrency, specifically the AI crypto narrative and how to navigate the opportunities and risks associated with it in the market.
Why is AI a popular narrative in the technology world currently?
-AI is a popular narrative because there is a significant amount of investment happening in the field, and the technology has already found product-market fit in many cases, indicating its potential impact on various industries.
What are some of the risks associated with the AI crypto narrative?
-The risks include the prevalence of scams, projects lacking product-market fit, and the eventual decline of the AI narrative, leading to potential failures of projects in the space.
How can one approach the AI crypto narrative from a fundamentals perspective?
-From a fundamentals perspective, one should evaluate whether the technology being applied solves a problem, the size of the problem, the value provided by the token, and whether a token is necessary to solve the problem.
What are some specific use cases where AI and crypto might have a strongç»ć?
-Some strongç»ć use cases include decentralized physical infrastructure for AI development, data marketplaces for training and selling AI data, and projects focusing on ownership, provability, and verifiability of AI-generated content.
What advice is given for those interested in participating in the AI crypto narrative?
-The advice given includes being cautious of projects pivoting to AI, avoiding projects with no clear team identity, planning for profit-taking, and understanding the difference between AI and deepin projects.
Why is it important to be discerning when choosing AI crypto projects to invest in?
-It's important because many projects may not have a solid foundation or long-term viability. Investing without discernment can lead to losses when the hype around AI dies down and the market corrects itself.
What is the role of blockchain technology in the context of AI?
-Blockchain technology can provide cryptographic verifiability and immutability, which can be crucial for projects dealing with AI-generated content, data marketplaces, and ensuring the authenticity and ownership of digital assets.
How can one protect themselves from potential losses in the AI crypto space?
-By conducting thorough research, understanding the fundamentals of the projects, setting profit targets, not investing more than they can afford to lose, and being prepared to exit positions when targets are met.
What is the significance of the team behind a project in the context of AI crypto projects?
-The team's identity and reputation are significant because they provide a level of accountability and social proof. A credible team with a history of successful projects or relevant experience can be a positive indicator for the project's potential success.
Outlines
đ€ The AI Crypto Narrative: Opportunities and Precautions
The speaker introduces the topic of AI in the context of cryptocurrency, highlighting the importance of being aware of both the potential opportunities and the risks associated with the AI crypto narrative. They mention a previous video where they discussed crypto bullrun narratives, including AI, and address concerns from their audience who felt they were being overly critical of the AI narrative. The speaker emphasizes the need for viewers to conduct their own research and be cautious when investing in AI-related crypto projects due to the prevalence of scams.
đĄ Understanding the AI Hype and Its Place in Crypto
The speaker delves deeper into the reasons behind the AI crypto narrative, noting the significant investment in AI across the technology sector. They compare the AI boom to the gaming and metaverse trends of the past, where substantial funds were invested despite limited tangible results. The speaker acknowledges that AI has achieved product-market fit in many industries and is poised to impact various aspects of daily life. They caution that while there is potential for profit in the AI crypto space, it is crucial to be discerning and not be swayed by hype alone.
đ Niche AI Crypto Projects with Potential for Success
The speaker discusses specific niches within the AI crypto space that have the potential for long-term success beyond the bull market. They highlight the importance of decentralized physical infrastructure for AI development, such as access to GPUs and compute power. The speaker suggests that projects facilitating access to such resources through token economies could be valuable. They also mention data marketplaces as a viable application of AI in crypto, emphasizing the need for a genuine decentralized approach and cautioning against projects that merely use tokens in a centralized environment.
đ The Intersection of AI and Crypto: Use Cases and Challenges
The speaker explores the intersection of AI and crypto, focusing on three key use cases where the two technologies can complement each other. The first is the infrastructure needed for AI development, the second is data marketplaces for training AI models, and the third is the ownership and verifiability of AI-generated content. The speaker warns of the dangers of AI, such as deepfakes, and suggests that blockchain technology can provide verifiability and prevent abuse. They also touch on the potential for AI to aid in content creation while fairly compensating creators.
đ Navigating the AI Crypto Narrative: A Strategic Approach
The speaker advises viewers on how to approach the AI crypto narrative strategically. They warn against investing in projects that have pivoted to AI out of desperation or those that appear suddenly with a lot of hype. The speaker emphasizes the importance of a transparent team and a clear project vision. They also stress the need for a plan when entering the AI crypto space, including setting profit targets and being prepared for potential losses. The speaker encourages viewers to be discerning and proactive in their investments.
đ Conclusion: Balancing Enthusiasm with Caution in AI Crypto
In conclusion, the speaker reiterates the importance of a balanced approach to the AI crypto narrative. They encourage viewers to enjoy the potential for profit but to remain cautious and well-prepared. The speaker advises having a clear plan and being ready to adapt when the AI narrative shifts. They end on a positive note, wishing viewers success in their AI crypto endeavors while reminding them to protect themselves from potential losses.
Mindmap
Keywords
đĄAI narrative
đĄCrypto coins
đĄProduct-Market Fit
đĄScams
đĄDecentralized infrastructure
đĄData marketplaces
đĄToken economics
đĄGenerative AI models
đĄInvestment strategy
đĄHype cycle
Highlights
The AI crypto narrative is gaining traction due to the massive investment in artificial intelligence across the technology world.
Scams and lack of product-market fit are prevalent issues in the AI crypto space, necessitating careful consideration when investing.
Despite the hype, AI technology has achieved product-market fit in many industries, signaling a shift from blind investment to more targeted, value-driven investment.
The intersection of AI and crypto is creating opportunities for projects that tap into the speculative nature of the crypto market while leveraging AI's technological advancements.
Investors should focus on projects that solve real problems and create value, questioning the necessity of a token in the process.
Decentralized physical infrastructure for AI, such as GPU access and compute power, is a promising niche where crypto and AI can intersect meaningfully.
Data marketplaces for AI training and transformations present a compelling use case for the combination of crypto and AI, with potential for long-term success.
Generative AI models raise concerns about deep fakes and misinformation, highlighting the need for blockchain technology to provide verifiability and ownership of digital content.
Crypto's potential to prevent spam and provide economic disincentives for malicious AI content is an area where the technology can contribute significantly.
Investors should be wary of projects that pivot to AI out of desperation or with no prior connection to the field.
Social media presence and engagement can be a red flag for projects with recent accounts or high follower counts but low engagement.
Transparency about the team behind a project is crucial; anonymous projects without a reputable online presence should be approached with caution.
Having a clear plan for taking profits and not investing more than one can afford to lose is essential when engaging with hyped narratives like AI in crypto.
The AI crypto narrative is not a 'set it and forget it' investment; active involvement and understanding of the projects are necessary for success.
The distinction between AI and deepin (decentralized finance) projects is important, as some AI projects may be better classified as deepin, leveraging AI for hype.
Investors should conduct thorough research and have a clear preference for either AI or deepin when making investment decisions.
The hype cycle in AI and crypto can lead to significant profits, but investors must be vigilant about when the narrative shifts and be prepared to take profits accordingly.
The importance of being cautious and having a strategy when investing in the AI crypto narrative to protect oneself from potential losses is emphasized.
Transcripts
in today's episode of crypto over coffee
we're talking about the truth about AI
crypto coins and how you might want to
play the AI crypto narrative now I think
there are some issues that you need to
be aware of but I also think that it's a
pretty pretty good opportunity for you
to do well in the market based on the
movement of money in the crypto space
based on narratives so before we get
started make sure you hit the Subscribe
button and follow me on your podcast
platform of choice uh but let's go ahead
and dive into the content of the video
so a couple weeks ago actually probably
a little more than that now maybe well
over a month ago I made a video about
the crypto bullrun narratives that
people should watch and in that video I
mentioned that the artificial
intelligence or AI narrative was one
that you should watch but you should be
careful about because of the prevalence
of scams and other things and we're
going to get into all of that in just a
second but a lot of people responded to
me on that video either sending me DMS
uh tweeting me on X or commenting on the
video directly or leaving me messages in
the suggestion box on the podcast saying
hey uh I think you're hating on the AI
narrative I think it's going to print
millionaires this year I think it's one
of the biggest narratives of the bull
run so I wanted to make this video to
expand upon my thoughts on the AI crypto
narrative and how you can play the AI
narrative on your own if you're
interested in doing so so first of all
why artificial intelligence why Ai and
why are we thinking about this as a
crypto narrative the reason is because
the entire technology world right now is
fixated and investing ridiculous amounts
of money in artificial intelligence and
it is not so different than what we saw
with gaming in the previous cycle there
was money being pumped into gaming and
metaverse that was beyond belief and
frankly back then most of the projects
in gaming and metaverse had very little
to offer very little to show for the
money that was invested in them so it
was almost blind investment now
artificial intelligence is slightly
different in this case because the
technology has in many cases product
Market Fit already we're talking
generally speaking artificial
intelligence in Industry not just
related to crypto and you also have
really really really powerful signals
around uh the development of this
technology and how it's going to impact
things like content creation data
analytics uh and also the way we
interact with technology on a day-to-day
basis from interfaces to um to
processing and all that sort of thing so
we take that foundational knowledge that
artificial intelligence is a hot
narrative in technology in general so
you you shouldn't be surprised that in
crypto the land of speculation you're
going to have projects trying to tap
into that interest in artificial
intelligence around the market both to
attract investor Capital which is not as
easy as it used to be to get but also in
order to drive investment from secondary
sales from retail Etc so that's where
the AI crypto narrative comes from and
the reason I said in that video about my
Bull Run narratives that people should
be careful with this is because
eventually the music will stop and you
will find that a lot of the projects in
the AI space in crypto don't actually
have product Market fit they don't
actually have a product in many cases
and they will eventually fail and that's
fine that doesn't mean you can't
participate in this and you can't find
those niches and those little areas of
the AI crypto space that have plenty of
opportunity and plenty of upside now I'm
traditionally a fundamentals guy I don't
like doing ta I think that's stuff that
other people like to do and that's great
I'm not a big believer in it I'm sure it
works for some I'm not totally convinced
so I'm a fundamentals person I'm also a
technology guy so I think about this
from the perspective of does the
technology that is being applied or
being applied by this particular project
applied to a problem does it solve a
problem how big is that problem what
value is there to a token in order to
solve that problem do you need a token
to solve that problem and so I looked at
a lot of projects in the past through
that
lens the problem is is that that doesn't
always optimize for profits right and
people are in the crypto space for
profits you hear it time and time again
that is the focus so people who want to
play this AI crypto narrative for
profits are probably going to have to
ignore that part of it they're going to
have to ignore the fundamentals analysis
around whether or not there's product
Market fit whether or not there's a
technology fit and whether or not a
token is really necessary to achieve
that product Market fit or the goal of
solving that problem so with that in
mind in the AI crypto space the reason I
mentioned in that last that video that I
mentioned before that you need to be
careful is because of that exact that
exact
reason so with this information we now
can understand that there's probably
lots of opportunity in Ai and if you
know when to take money off the table
you can still do really really well in
the AI space and there are a few
particular use cases for this technology
that I think actually do have legs that
you could see projects succeeding past
this bull market when that narrative
cools down and it will eventually cool
down uh as the bull market cools down
I'm sure and money will rotate into
other areas so let's talk about some of
the project niches or use cases that I
actually like that I actually think make
a lot of sense in terms of the
combination of crypto and AI because
there's kind of limited overlap despite
what people might tell you online
artificial intelligence doesn't really
need crypto or doesn't necessarily
really need a token it may need the
cryptographic verifiability and the
immutability of a blockchain but it may
not necessarily need a token so you
think about it the other way does crypto
really need AI not really either so you
have to be cognizant of that fact and
understand that the narrative the hype
cycle the capital inflow is largely due
to speculation and excitement around
artificial intelligence and less so
about the match made in heaven between
Ai and crypto holistically across the
board but there are a few use cases like
I mentioned that I think you could
considered to be of value the first one
of those kind of bridges into the world
of dpen and that's decentralized
physical infrastructure and that is this
trend around uh access to graphical
processing units or GPU use or just
generally compute it's the
infrastructure that artificial
intelligence um developers and projects
will need to actually um train their
models run their models and create
things on top of the foundations of the
artificial intelligence models that
they're using and compute right now is a
major arms race the world of
semiconductors and chips and gpus Etc
all of that stuff right now is squarely
Focus both from a geopolitical
perspective but also from a technology
company perspective for a long time
organizations working on AI at scale
like Tesla for example were compute
constrained meaning they had sort of the
conceptual model for what they wanted to
accomplish but they could not get their
hands on the actual compute power they
needed to accomplish that goal in terms
of training and modeling Etc and so now
we're starting to see this decentralized
physical infrastructure play emerging
with the Confluence of AI and crypto and
it's not really about AI specifically
it's about the infrastructure you need
to do things with AI or to build things
in the AI space so it's kind of deepin
and AI mixed and mashed together and I'm
not going to mention project names
because if I mention project names
people are going to go and buy those
things and I don't want you to do that I
want you to research these things and
figure out which projects make sense for
you look at the niche look at the use
case and find the projects that you like
so this particular concept actually
makes sense a token makes sense in this
environment where you have a
decentralized sort of community or
organization or marketplace around
compute where if I am an owner of say a
rack of gpus I can connect to this
decentralized network people can pay in
the network token and build tokenomics
around this build an economy around this
for people to basically rent or lease my
compute for the task that they're trying
to achieve so this lowers generally the
capital expenditure one would need in
order to access or tap into gpus for a
particular project I think that actually
has legs I think there's a reason why
one might want to token economy and in
order to do that really effectively and
the only reason you would need a token
is if it is truly a decentralized
project now you'll see people just
basically using tokens as a means of
Exchange in a centralized environment
saying I've got two data centers filled
with compute that you can use all of it
is owned by me the project founder and
you can pay in tokens to access it at
that point you may as well just pay in
dollars the token is not really doing
you any good in that particular use case
so it has to be a decentralized compute
network uh there are some great examples
of that that have done really well over
the last couple of years and there going
to be tons and tons and tons of new
projects doing this exact thing you're
already seeing them popping up day in
and day out so those projects are going
to do well because of the hype around Ai
and so you should be aware of that
though the reason that they're almost
all going to do well at least in a
certain a certain scale is because of
that narrative not because every project
actually has value okay so that's one
use case is sort of the infrastructure
around building an economy around the
infrastructure the compute that one
needs for AI the second one is sort of
more General to one of the biggest
monetizable aspects of AI and that is
the data itself so training data and
creating data marketplaces and people
creating transformations of data that
then they can sell to other people for
consumption so open data
marketplaces uh there's a project that
comes to mind that I've covered on the
channel before that fits this Market
exactly
uh for those of you who are ogs you may
know exactly what it is and there you go
I'm not going to mention it by name for
the reasons I already stated so data
marketplaces I think are also another
area where crypto and the foundations of
AI actually make sense and you're seeing
those projects that have these data
Marketplace Concepts going for a while
uh and and training data marketplaces
starting to really double down on that
AI narrative and again it makes sense
they want people to invest in their
project so they're going to try and
tailor what they're doing towards AI
that again I think has some degree of
fit between AI narrative and crypto and
why you would need a token again it's
that same model
it's someone has a resource that they
want to uh make available in a
decentralized Marketplace and they want
to sell that or leas that to people in
the native token um I think that what's
interesting is that some of these
projects may be able to also embed
artificial intelligence models sort of
in that foundational economy so people
can make transformations of data and
also utilize the infrastructure piece
that we talked about in the first use
case uh to make transformations of data
and then sell it right so what's
interesting is you're probably going to
continue to see Partnerships and um
coalitions forming between these
different projects the infrastructure
provider type project
or the pin projects the data Marketplace
projects and then you're probably going
to lastly see people in this third
category where I think there is some fit
and I think it is the the Holy Grail of
use cases for AI and crypto and that is
the ownership and provability and
verifiability of the product of
generative AI models and so let me
clarify what I mean by that so the best
example that I can think of and one that
you're seeing lots of thought leaders in
the technology space talking about is
the dangers of AI the dangers of AI
being deep fakes creating indiscernible
lifelike copies by voice and visual uh
uh visual representation of a person and
circulating that online so it could be a
video of a CEO making some crazy remark
or articulating a strategy that tanks
the stock price or drives up the stock
price artificially so the ability for
for people to abuse generative Ai and AI
in general is extremely extremely
extremely high and the misinformation
campaigns are going to be enabled
immensely and already are by AI so it's
going to be very difficult for people
for human beings to discern what is real
and what is not and it is already
difficult today
so there is a thought now that the
technology behind crypto and related to
blockchain uh technology specifically
can Aid in this process of providing
some degree of verifiability to the
origin of a piece of content um that's
one aspect of it the other one is for
people who are uh artists people who are
creators that use uh this technology
being able to attribute uh derivations
of existing work from Models to the
original author and doing automated uh
you know copyright and royalty execution
so being able to say this model used
Source content from this artist which I
can sort of verify on a blockchain and
then I can on an automated basis pay
royalties to that particular Creator
when their you their work is used in
derivation to produce something new
using a model so again these are sort of
Pie in the Sky Concepts right now but
there are surely project that are
working on this if you create an economy
around creating content using Ai and
being able to fairly compensate creators
to show the origin of a piece of content
and to show ownership of a piece of
content whether joint or soul I think it
is going to be very very very valuable
in fact critical to the mainstream
adoption of AI for Creative
purposes the last thing I'll say on this
also is
that when you think about cryptocurrency
and what it could lend to this type of
environment is um preventing spam
attacks creating an economic loss
potential for someone to create this
massive spam campaign and it's the same
model you see for uh anti-spam on
blockchain networks themselves right you
have fees you have a fee Market in
blockchains and the this fee Market
basically dissuades wbe attackers or
spammers from bringing down the network
because to do it it will cost you x
amount uh obviously it creates an
economic disincentive for you to attack
the network with Spam I think the same
thing could be done in an environment
around AI to prevent uh content related
spam to also meter the usage of these AI
models and lastly to dis disincentivize
people from creating uh um you know
potentially nefarious content um so
these are conceptual but you're going to
start to see projects in crypto using
this as their Guiding Light and Building
Things in that direction so those are
three use cases that I think Ai and
crypto fit together for now there may be
others you may have ones where you think
you should add this to the list to
Shoshi and that's cool please let me
know in the comments what you think and
I'm not saying that no other projects
and no other use cas cases are going to
be successful I'm sure they will so that
brings me to my next point which is how
do you play the AI narrative now there
are a lot of people on on X and on
YouTube are going to say just spray
money into any AI related project that
you can find and you're going to get a
2X a 5x a 10x whatever okay that is uh a
at best a maybe and frankly I think if
you make that your roach you are going
to suffer mightily because you will find
yourself in environments where even if
the coin goes up you're getting dumped
on by insiders if the coin goes up you
will have too thin liquidity in order to
get out of it you'll have to jack up the
slippage tolerance if you're trading on
chain and you will get absolutely
destroyed trying to get out of those
coins so you're going to need to be a
little bit more Discerning and not
listen to that noise of oh pick any AI
project and you're going to succeed uh
so let me give you a few rules that I
think if you follow in doing your
research and in allocating resources you
will be in a place with better odds now
there's no way you can guarantee you're
not going to take losses there's no way
you can guarantee you're going to make
profits I can't do that you can't do
that if we could well we all probably
wouldn't be sitting here we'd be on a
yacht
somewhere the first rule that I would
say is be very wary of projects that
were doing something else so for example
a project that in 2021 was a metaverse
project that is now pivoted to Ai and is
adding AI to all their stuff what this
is is its desperation to become relevant
you can show from just that in most
cases that project is not serious that
project is in it for one reason and one
reason only and that is to get token
price appreciation or to attract capital
investment in their project from Venture
from Angels or from Private Sales Okay
so so be very wary of the pivoter now
there are some that are adjacent already
to AI so those data Marketplace projects
you can say you can argue okay that's
reasonable right they' found a good
product Market fit for a thing that's
already relevant to AI that is the
exception to that rule but be very wary
of pivoter projects that had nothing to
do with AI that are now all of Aid an
Allin on AI that screams danger to me
number two you should be very very wary
of projects that come out of nowhere
talking about being the next big AI
project especially ones where you have a
bunch of influencers spamming x with it
and saying this is the next 100x play
and you want to be looking for a few
things that'll tell you one you look at
their uh their um presence on social
media oftentimes it will be very recent
or they will have an account that's 10
years old or seven years old but there's
no tweets on it right that tells you
they've purchased an account that
supposed to make it look like they've
been around for a while when they
haven't been they deleted all the tweets
and now they're kind of coming back and
and building a brand um dangerous right
you may see they're tweeting and they're
not getting much engagement but they
have 50,000 followers again alarm Bells
should be going off the other one and
this is a personal thing for me but most
of the time I want to see the team on
the website okay I want to see that
there are real people building this
project that are willing to put their
reputation on the line for this project
if I go to a website there's no page
that talks about the team at all red
flag I will not touch it if I see a team
page and it's all aons or I go and I do
some digging and I find these aren't
real people or they've stolen images I
do a reverse search on their images and
I can't find them or I find them and
it's somebody else's name next to that
photo I'm not touching it because
nowadays it's too easy to create an
anonymous project get a few influencers
in on the gig pump that project and then
pull the rug and walk away and never
come back and to be honest with you it
sucks that we've gotten there because I
believe pseudonymity and anonymity are
are right but if you're building a
project and you want people to invest
capital I think you need to have some
way of establishing social proof whether
that is you can be anonymous but you
have to have a reputation online
historical
commits on GitHub previous experience
launching a project and succeeding
something but if you're not having a
team on your website or the team is
trying to look like real people and
they're not don't touch it it's very
dangerous that is sort of archetypal of
rug P the third rule would be make sure
that you listen to one simple piece of
advice which is if you enter a project
plan for when you're going to take
profits please
I I harp on this all the time I'm sure
people are sick of hearing it but I'm
going to keep mentioning it because I
did this in 2021 and I hope I saved a
lot of people I know I saved a lot of
people from roundt tripping their bags
so I'm asking you again if you invest in
something in AI watch it like a hawk set
targets and take profits at times that
you think make sense and don't drive too
much capital in that you cannot afford
to lose because you're going to get
burned on some of these when you're when
you're chasing a hyped narrative like AI
you are going to get burned on some so
be very very very cautious about that uh
final thing I want to say about Ai and
crypto you are very likely going to see
an increasing amount of blending of the
AI and dpin narrative decentralized
physical infrastructure narrative I
actually think that a lot of AI projects
that are popping up are better
classified as deepin projects but
they're kind of using AI as a way to
drive hype and I get it that makes a lot
of sense for them I understand but make
sure when you're doing a research you
actually unpack what the project is
trying to achieve and whether in the
longtail you're more bullish about dpin
than you are specifically just about AI
or if you are really focused on uh Ai
and promoting AI safety creating an
economy around AI created content Etc AI
uh AI training data all these things so
there are there is a difference between
the two so I would I would ask you to do
a little bit of research and a little
bit of thinking to yourself about which
one you're really the most bullish on uh
and then make your decisions based on
that so we've covered a lot of ground in
this video today I don't want to belabor
the point too much U but the bottom line
that I want to get across is that the AI
narrative I maintained you need to be
very careful with this is not going to
be a set it and forget it walk away
never look at it type of thing to chase
you're going to have to be very active
you're going to have to understand what
you're investing in at least a little
bit and yes hype is one way to drive
profit and I think lots of people are
going to do really really really well in
the crypto AI narrative but you need to
watch for when the narrative May shift
and you also need to watch for when you
hit those targets so you can take
profits because if you look at bull runs
have passed especially the metaverse
it's a great one everybody including
every Enterprise you can think of was
talking about the
metaverse pretty much no one survived
that one most of the metaverse projects
you saw that were at crazy valuations
99% losses or they don't even exist
anymore most companies aren't talking
about it anymore and there will always
be no matter how good a technology is an
insane hype cycle and then a coming back
down to earth as you realize that needs
more maturation in order to be adopted
at scale so be very cognizant of that
because it will happen even faster and
even more viciously in crypto than it
does in the broader market around AI in
the stock market for example so I part
with the final word that please go have
fun make some money that would be great
but just be very very careful and have a
plan going into it so you can protect
yourself from the losses When the Music
Stops make sure sure you got a chair in
that game of musical chairs and you're
not walking away with nothing so I want
to thank you very much for watching or
listening to this episode of crypto over
coffee I hope you have a wonderful rest
of your weekend and until next time
cheers
Voir Plus de Vidéos Connexes
7 Insane Crypto Altcoins Set to 100X By Bitcoin Halving [30 Days Left]
Uncorrelated Ventures Founder: AI Is a Hot Mess Right Now
Which CRYPTOS Are VCs BUYING?! Hereâs All You Need To Know!
Q4 Bull JUST Started. These 7 Crypto Coins Will 25x By 2025
These 7 Crypto Coins Will 15x BEFORE Election (Last Chance)
Altcoins and ICOs Explained in Plain English
5.0 / 5 (0 votes)