Trends are not a determinant of value - be careful what you follow
In crypto it's easy to wrap things up to look more valuable than they really are, in fact, it has proven to be one of the easiest section to market products, this, presumably is because we're dealing with an emerging system and technology where vast majority of the investors flooding the system are money thirsty and will gamble a lot to make the dough.
If you read trends perfectly you'd realize they get sold pretty fast, once the media speculates stability, it's more likely to fall, this I believe is because some traders use this as a metric to open or close positions, so it literally becomes part of the markets catalyst for growth or dump, the buzz, the social hype, it all goes away at some point and most people will just fold up at this point but the valuable ecosystem structures always end up growing sustainably, often in other angles like increased userbase or asset-based in-flow.
This is something currently happening on Thorchain, compared to when Rune was worth $20 a piece, the protocol holds more bitcoin now, like over a thousand four hundred compared to just a little over four hundred before. Things like this shows that there are really other ways to measure value, and the market prices or media hype is usually not it. Look deeper for things that actually solve problems or at least create them, because that gets developments going.
AI crypto buzz was so empty
Till this point, I find it difficult to believe that people actually hyped "AI crypto", although it wasn't that big of a hype but still, it did get some hype and attention from the media. The thing is that "attention is a currency" and this is what the media always wants people to spend because oftentimes, people don't realize how valuable it is and these guys just want to take it away.
According to reports, interest in AI crypto via search has dropped about 64% in search volume, remember when I said that institutional investors are too speculative to detect true value, they are probably looking for the next buzz train to hop on right now, cause I mean, that's what they do, trade the trends.
AI isn't even matured enough as a technology for easing off requirements to work, let alone be ready to have a financial system built around it as a network of power. Jumping on such a cold boat is simply funny, it was rather obvious that this wouldn't last because for one, so many regulatory bullshits have been rolling in and even degen traders are now mindful of what they buy.
People do say buy the FUD and sell the hype(news), I genuinely believe it's a valid investment or trading approach, these things literally serve as profitable merits because more than half the time the media says bitcoin is positioned to pump or that some fuckin ass alian predicts it to climb to this[] price within a month, the markets always do the reverse.
Trends are not a determinant of value for real, to be better at trading the long term boat, it will likely be more profitable learning to build liquidity and trading against or for developments rather than buzz.
Thank you and please leave a comment, your thoughts matter to me
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