I'm Buying These AI Altcoins RIGHT NOW! (Biggest Opportunity In Crypto)

Miles Deutscher
19 Feb 202426:29

TLDRThe video discusses the booming AI sector, suggesting it may be the biggest bubble in tech history. The speaker shares an AI crypto watch list for short-term trading opportunities and outlines a long-term strategy focusing on AI sub-sectors with high potential. They highlight the importance of infrastructure plays like decentralized computing networks and mention upcoming AI projects that could offer significant opportunities. The video also touches on the role of AI in traditional markets and the impact of major tech companies' investments in AI technology.

Takeaways

  • 🚀 The AI sector is experiencing rapid growth and is considered one of the biggest bubbles in tech history, presenting significant opportunities for investors.
  • 💹 The AI market has attracted substantial investment, with figures in the trillions, indicating a strong belief in the sector's potential.
  • 🌐 Top tech companies like Apple, Facebook, Microsoft, and Amazon are all competing in the AI space, reflecting its importance and potential for growth.
  • 🔥 The AI sector has a strong retail mind share and narrative, which is driving hype and speculation, similar to the metaverse trend in 2021.
  • 📈 AI-related cryptocurrencies (AI coins) are performing well, with some experiencing triple-digit growth, driven by market enthusiasm and news events.
  • 📊 The speaker's short-term trading strategy involves using AI coins as proxies for trading opportunities, particularly around major AI-related news events.
  • 🔍 For long-term investments, the speaker favors infrastructure plays within the AI sector, such as decentralized infrastructure networks that could benefit from the growth of AI technology.
  • 🔮 The speaker is particularly interested in deepin protocols, which focus on providing compute power and specialized hardware for AI and machine learning applications.
  • 🌟 The AI market is expected to continue growing, with the potential for the bubble to expand further, offering both short-term trading opportunities and long-term investment prospects.
  • 📝 The speaker emphasizes the importance of understanding both the technical analysis and the fundamentals of AI coins to make informed investment decisions.

Q & A

  • What is the current state of the AI sector in terms of investment?

    -The AI sector is experiencing significant investment, with OpenAI and Anthropic Inflection AI raising billions of dollars. Sam Altman is seeking trillions of dollars to reshape the business of chips and AI, indicating a massive influx of capital into the sector.

  • Why is the AI sector considered a potential bubble in tech history?

    -The AI sector is seen as a potential bubble due to the unprecedented amount of interest, active development, and investment, which has not been seen in a long time. This rapid growth and hype could lead to a bubble, similar to the one seen in the metaverse narrative in 2021.

  • What is the speaker's strategy for short-term trading in AI coins?

    -The speaker's short-term trading strategy involves using AI coins as proxies to trade during major news events. They favor breakout longs over shorts, as they believe the narrative is explosive and could push prices higher.

  • How does the speaker view the long-term potential of AI in the crypto market?

    -The speaker believes in the long-term potential of AI in the crypto market, particularly in infrastructure plays that benefit from the growth of AI. They focus on decentralized infrastructure networks that they think will be major beneficiaries of AI growth.

  • Render, FET, and AGX are mentioned as leaders in the AI coin market, with strong narratives and performance during AI runs.

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  • What is the speaker's opinion on the fundamentals of AI coins?

    -The speaker acknowledges that the fundamentals of many AI coins are dubious, but they believe the strength of the narrative and hype driving speculation in the sector makes them strong trading opportunities.

  • How does the speaker approach long-term investments in AI?

    -The speaker's long-term approach to AI investments focuses on infrastructure plays, particularly decentralized infrastructure networks like DFINITY, which they believe will benefit from the growth of AI and machine learning use cases.

  • What are some of the AI protocols the speaker is interested in for long-term investment?

    -The speaker is interested in AI protocols like aCACHE, Render, and Aier, which are focused on providing infrastructure for AI and machine learning, as well as Atour protocol for privacy middleware.

  • How does the speaker view the role of AI in the traditional market?

    -The speaker notes that traditional market players like Nvidia are benefiting from the AI narrative, with Nvidia's stock breaking new highs, which could send shock waves through the AI sector and positively affect AI stocks and coins.

  • What is the speaker's stance on the retail investor's role in the AI market?

    -The speaker believes that retail investors are drawn to easily understandable narratives like AI, which can drive the market and create opportunities for those who can capitalize on the hype and speculation.

Outlines

00:00

🚀 AI Market Growth and Investment Opportunities

The video discusses the rapid growth in the AI sector, driven by significant investments and the potential for it to become one of the biggest bubbles in tech history. The speaker shares their AI crypto watch list, highlighting short-term trading opportunities and a long-term trading strategy. They emphasize the importance of early investment and the strong narrative driving AI-related investments, despite dubious fundamentals for many AI coins.

05:02

📈 AI Sector Dynamics and Trading Strategies

The speaker delves into the dynamics of the AI sector, noting the public's growing interest and the resulting flywheel effect that benefits the crypto market. They discuss the performance of top AI coins and their market cap, as well as the impact of AI news and developments. The video outlines two trading strategies: short-term trading around major AI news events and long-term investments in AI infrastructure plays, with a focus on deep infrastructure networks.

10:02

📊 Analyzing AI Coin Performance and Market Trends

The speaker analyzes the performance of various AI coins, discussing their market caps and the potential for price discovery. They share their AI watch list and highlight specific coins like Render, Worldcoin, and others, explaining their trading approach based on technical analysis and the response of these coins to major horizontal levels. The video emphasizes the importance of understanding market trends and the role of fundamentals in a bull market.

15:04

🌐 Long-Term AI Investments and Infrastructure Plays

The speaker shares their long-term approach to AI investments, focusing on the potential of AI to enter bubble territory and the need for a pragmatic investment strategy. They discuss the limited use cases of current AI tokens and the potential of infrastructure plays that support the growth of AI technology. The video highlights deep infrastructure networks as a strong vertical with synergy with AI, particularly in compute power and machine learning.

20:05

🔍 Exploring Deep Infrastructure Networks and AI Protocols

The speaker explores various deep infrastructure networks and AI protocols, such as aCache, Render, and aier, which are poised to benefit from the growth of AI and machine learning. They discuss the unique offerings of these protocols and their potential for long-term investment. The video also mentions upcoming announcements and the launch of new tokens, suggesting these could present significant opportunities for early investors.

25:05

🤖 AI and Job Matching with Workex

The video concludes with a mention of Workex, an official partner that uses AI to power decentralized job matching. The speaker explains how Workex operates and its potential for both job seekers and employers. They highlight the innovative approach of Workex, which combines decentralization and AI to enhance job matching services, and encourage viewers to explore the platform for job opportunities or further research.

Mindmap

Keywords

💡AI Bubble

The term 'AI Bubble' refers to the rapid growth and investment in artificial intelligence technologies, which some believe may be overvalued or unsustainable. In the video, the speaker suggests that the AI sector is experiencing a bubble similar to historical tech bubbles, but also acknowledges that such bubbles can continue to grow, offering investment opportunities.

💡Crypto

Crypto, short for cryptocurrency, is a digital or virtual currency that uses cryptography for security. The video discusses how AI developments can influence the crypto market, with AI coins being a focus for short-term trading opportunities. The speaker also mentions the potential for AI to intersect with blockchain technology, which underpins many cryptocurrencies.

💡Investment Opportunities

The video highlights the AI sector as a space with significant investment opportunities, particularly for those who can identify and invest early in promising AI-related projects. The speaker shares a watch list of AI crypto assets and discusses both short-term trading strategies and long-term investment approaches within the AI market.

💡Narrative

In the context of the video, 'narrative' refers to the overarching story or theme that drives interest and investment in a particular sector. The AI narrative is strong, with a focus on the potential and hype surrounding AI technologies. The speaker emphasizes the importance of understanding and capitalizing on these narratives in the investment world.

💡Technical Analysis (TA)

Technical analysis is a method of evaluating securities by analyzing historical market data, primarily price and volume. The video mentions the use of TA in trading AI coins, with the speaker discussing strategies such as trading breakouts and retests of key horizontal levels to identify entry and exit points for trades.

💡Deep Infrastructure Networks (DIN)

Deep infrastructure networks are decentralized systems that provide the necessary hardware and resources for various applications, including AI. The video suggests that DINs, such as those offering compute power or specialized hardware for AI, could be long-term beneficiaries of the growth in the AI sector, making them attractive investments.

💡Market Cap

Market capitalization, or market cap, is the total value of all a company's shares of stock or, in the case of cryptocurrencies, the total value of all coins in circulation. The video discusses the market cap of AI coins as an indicator of their potential for growth and investment, noting that some AI coins have reached significant valuations.

💡Hype and Speculation

Hype refers to the excitement and interest generated around a particular topic, while speculation involves investing based on the expectation of future developments rather than current fundamentals. The video addresses how hype and speculation can drive the price of AI coins, even if the underlying technology's fundamentals are not yet fully established.

💡Retail Investors

Retail investors are individual investors who invest in financial markets, as opposed to institutional investors like banks or investment firms. The video suggests that retail investors are drawn to easily understandable narratives like AI, which can lead to increased trading activity and price movements in the crypto market.

💡Workex

Workex is mentioned as an official partner of the show, using AI to power decentralized job matching. It represents an example of AI technology being applied in a practical way, aiming to improve the efficiency of job searching and talent hiring in various industries, including crypto and blockchain.

Highlights

AI is currently experiencing rapid growth and is set to be one of the biggest bubbles in tech history.

The AI sector raised $50 billion last year, with companies like OpenAI and Anthropic attracting billions in funding.

Top tech companies like Apple, Facebook, Microsoft, and Amazon are all competing in the AI space.

The AI market has the potential for massive opportunities for early investors due to the active development and investment.

AI has a strong retail mind share and narrative, driving hype and speculation similar to the metaverse in 2021.

Nvidia's continuous growth is a positive sign for the overall strength of the AI narrative.

The launch of Sora by OpenAI showcases the rapid advancement in AI technology.

The AI market cap is over $15 billion, with AI coins outperforming the market.

The speaker's short-term trading strategy involves using AI coins as proxies for trading during major AI-related news events.

The long-term strategy focuses on investing in AI sub-sectors with the most potential, such as infrastructure plays.

Deepin (DPIN) is highlighted as a strong long-term investment due to its role in providing decentralized compute power for AI.

AI coins with strong narratives and market caps, like Render and Worldcoin, are good indicators for trading.

The speaker's AI watch list includes high, mid, and low market cap AI coins, offering various trading opportunities.

The speaker emphasizes the importance of technical analysis in trading AI coins, particularly looking for breakouts and retests of key levels.

The AI sector is expected to grow significantly, with the potential for a bubble to expand further.

The speaker is bullish on AIER, an upcoming project with a focus on enterprise B2B solutions and a large infrastructure commitment.

Ator protocol is mentioned as an interesting investment due to its focus on scalable privacy middleware for deepin and other crypto projects.

The speaker suggests that fundamentals often take a backseat to hype and speculation in a bull market, making AI coins attractive for trading.

The speaker's content is focused on providing daily crypto alpha, including airdrop opportunities, coin opportunities, and trades.