Quote from: MFahad on Today at 04:00:57 AM

Quote from: Joseph-P on March 18, 2024, 03:19:45 PM

Three of the trending narratives in crypto atm are Gaming, AI and DePIN. All have gained massive popularity over the past year or so. I don't have precise stats to prove, but I'd say gaming still remains the biggest, with AI coming in close second.

So far we are yet to see much money flowing into DePIN. But there has certainly been a fair bit of interest in it. I'm curious about which you would opt for if you had to pick between a project in one of each of the three narratives above.

To be honest, I never invest in projects by seeing their narrative or to which trend they belong, all I see is whether the project has something to offer and whether it has the potential to stay long in the market and perform very well. If I find potential in it, no matter whether it is related to AI, DeFi, Gaming, NFTs, or anything in general, I would go and invest in it.
However, if a project has no potential at all, it lacks in everything starting from its website to its team and what use case it provides, then I would never invest in it even if it is from a topic that is trending at the moment.

Which is as it should be, very often on reddit and other websites like that, all what you see is people trying to invest in a coin simply because of the hype it can generate around it.

And while this kind of strategy can generate some short term success, which is what those people are looking for, the majority of those that follow that strategy will suffer greatly because of it, as the majority of the coins that we have on the market are either scams or poor lead projects.