I was watching a video about this season of bull run earlier and gained some knowledge which asserts, bull markets are always driven by dominant narratives which ends up shaping investment trends. In the video, an account was given, which mentioned ICOs, DeFi, and NFTs as the main drivers of the previous bull runs while this cycle of bull run is targeted at hypes around tokenized real-world assets aka RWAs, Layer 2 scaling solutions, AI powered projects and the evolution of DeFi.

However, it is critical to understand most of these trends may have long-term potentials, majority of others will end up as pure speculations. It also means investors must be smart enough to identify the prospective projects, their entry and exit points while holding strong on diversifying their portfolio and taking profits in partials or full in avoidance of being cut up in the hype.

My question now is, since this bull run has been tagged with major speculations, how can a potential investor navigate his or her way through a long-term, meaningful and financially impactful projects as against those riding on just the hypes?