Time to invest AI coins? - page 8. | Bitcointalksearch.org

doomloop

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Quote from: WatChe on August 29, 2023, 11:23:22 PM

Its now a trend that every 'talk of town' has some crypto token. I remember in last US presidential elections we have a TRUMPCOIN named after Mr. Donald Trump and the story goes on. I will suggest that its best to invest major portion of your capital in Bitcoin and only small portion into Alts like ETH, BNB etc.
Now AI coins are now popping up and anyone interested should go for it but only with capital he can afford to lose. They are hot products these days and good for short term investment.

Well, I wouldn't compare some of the AI coins that we have in the industry with meme coins or shitcoins that are created out of nowhere without any team or any project or anything to offer to the community other than the promises of potentially high returns on investments which barely happens with every one of them. Some AI coins are actually good and they have been created to serve some purpose and have good projects and teams backing them up.

However, I agree with what you say about everything that starts trending people start creating cryptocurrencies using their name hoping that the tokens will also get some hype and they can earn a lot of money once people start buying their tokens through any decentralized exchange or sometimes through the websites they create for their token sales.

bluebit25

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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.

Husires

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The same theory is used by scammers as a suitable opportunity to sell the illusion. They know that people will try to invest in AI currencies, and they know that people are lazy and do not read the white paper. all fast scam currencies will claim that they are based on artificial intelligence technology, but when you read the white paper, you will not find any mention of all that.

when a cryptocurrencies say they are AI crypto, it will not make it valuable, and currencies that search for new trends without having a base or project idea to start from are useless.
In the best of circumstances, and with the best expectations, it will be suitable for short-term investment for a certain category of speculators, but it will fail as a long-term investment and as an investment for 99% of crypto investors.

el kaka22

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Not yet, the bull run is not around and we do not know what the trend will be, we think we do know now but we do not really know, we should be considering the situation a lot harder than we think. If you keep thinking that the price will go up for the AI and it doesn't, you will be upset. This is why wait until the bull run and you are going to make a bigger profit from it that way.

Trends are not guaranteed things, you are not going to get whatever trend it is right now, carrying over to that period, you need to end up having some sort of situation that would be different in the end. I believe it will be a bit different on the long run and AI will not be as popular, still be a good thing, but not hyped as much when the bull run comes in.

Boomber

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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.

jostorres

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Quote from: Tahid12 on August 25, 2023, 05:13:26 PM

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?

You said yourself that it is all about the trend, and once the trend is over, the tokens or coins will most likely stop performing on the charts. So, I believe those who like riding the waves, taking risks by investing in coins and tokens that are hyped because the technology behind them is trending, they should obviously go for it, but they should remember that it is all too risky since if the trend gets over soon, you might see the coins coming face down.

However, some of them might actually be good and their projects might be offering something useful to the community. Such cryptocurrencies generally tend to stay in the market for quite a long time until their teams stop showing interest in their projects and then their downfall begins.

WatChe

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Its now a trend that every 'talk of town' has some crypto token. I remember in last US presidential elections we have a TRUMPCOIN named after Mr. Donald Trump and the story goes on. I will suggest that its best to invest major portion of your capital in Bitcoin and only small portion into Alts like ETH, BNB etc.
Now AI coins are now popping up and anyone interested should go for it but only with capital he can afford to lose. They are hot products these days and good for short term investment.

makishart

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Quote from: Tahid12 on August 25, 2023, 05:13:26 PM

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?

AI coins are not in trend anymore. The hype has already gone since last months. It's caused by the scammers were destroying the market. Scammers were plague in the crypto. I don't even think AI coin will become a good investment.
We dont actually need a lot of AI coins. Some were enough, but this time we have so many ai tokens in the market. I remind you that most of ai coins projects are still experimental project. Even some didnt even know how to develop AI properly.

You must be careful caused by there was a lot of traps now in the crypto.

Quote from: Tahid12 on August 25, 2023, 05:13:26 PM

Time to invest AI coins or you avoid?

I just avoid to invest in the token when we have not entered into the bullmarket. I meant it doesn't even matter what kind of that coin is as long as you bought in red and sell in green, you is still fine.
I remind you that if anyone is not even caring what kind of coin it is as long as they can get decent profits from their investment.

someone703

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The hype won't go away and it will always appear when there is a prominent trend appearing, like the motivation for investors, developers,... to work. The time is almost right that AI becomes a keyword that causes a lot of attention, not only crypto but many other fields also show great interest in AI. I also believe it will become a big trend in the future, and as we observe in this market, in hype there are a lot of active projects but then only a few are able to maintain their activity and performance long-term development.

GreatArkansas

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I rather go to meme coins because, for me, meme coins on every bull run are good, especially if you hit the jackpot where the parabolic run will commence every bull run. There's always room for it. Even dogecoin, for every bull run, you can really make a good profit, dogecoin is always here to stay compared to other altcoins or meme coins which just only once will go parabolic run will be gone after.

EFS

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That could be the new trend but I don't see bright future for the coins you mentioned.
FET never made the expected explosion. OCEAN is same. AGIX is one of the coins that I follow and it's going downhill since start. They all are in decline and I don't know how they will survive.
AI is an area worth investing in, but finding the right project is very difficult. I'm not sure if there is a coin in the crypto world that doesn't just use the name AI, but really does something worthwhile. There is no doubt that there is a big cake in this area. The problem is to find the right project and stay away from scams.

blockman

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Quote from: Tahid12 on August 25, 2023, 05:13:26 PM

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?

Only the earliest becomes profitable with any new trend that's being set to the market. Yeah, as of now, those are the AI coins but I don't still think that this is the right time for people to look at it as something profitable. Who knows what may happen during the bull run if the majority of them are going to be profitable.

Quote from: Tahid12 on August 25, 2023, 05:13:26 PM

Time to invest AI coins or you avoid?

I am avoiding, although I know that it can be profitable for these trend setters. But I've got my own focus and that's to buy Bitcoin and other few known altcoins that I know that can be a good choice to hold. If you think that you'll be good holding these AI coins and you're optimistic with them, not all of them will be.

Tahid12

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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?

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