Time magazine has put OpenAI’s founders on the cover—old hands should all get a knowing smile at this. “Magazine covers reverse-indicate” is back again.
The logic behind this metric is pretty simple: when a hot topic gets hot enough that even Time makes a special cover for it, it usually means everyone who needs to know already knows, and most of those who should have entered have already entered. In many cases, you’re not far from the top. That’s exactly how the dot-com bubble played out back then.
Everyone knows how long this round of AI narrative has been running in the crypto market. In the short term, AI coins like $FET $TAO will most likely need a shakeout, and don’t expect the broader market to be any safer.
It’s not that the AI story is over. Rather, chasing at the current price-to-odds ratio is just too poor. Trim a bit of your position, keep some dry powder, and wait for the panic sellers to hit the market—then you can pick up bargains.
#AI #OpenAI
The logic behind this metric is pretty simple: when a hot topic gets hot enough that even Time makes a special cover for it, it usually means everyone who needs to know already knows, and most of those who should have entered have already entered. In many cases, you’re not far from the top. That’s exactly how the dot-com bubble played out back then.
Everyone knows how long this round of AI narrative has been running in the crypto market. In the short term, AI coins like $FET $TAO will most likely need a shakeout, and don’t expect the broader market to be any safer.
It’s not that the AI story is over. Rather, chasing at the current price-to-odds ratio is just too poor. Trim a bit of your position, keep some dry powder, and wait for the panic sellers to hit the market—then you can pick up bargains.
#AI #OpenAI