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.