#AICrashOrComeback
with the advent of the market movement, the crypto crash in the AI coins cannot go unnoticed.
2 days ago, on February 4th, tensions between the US and China reached new heights as China retaliated against the US’ decision to impose a 10% tariff on Chinese goods. China being China, Beijing introduced a 15% counter-tariff on select US products, sparking fear of a prolonged trade battle. This conflict is hitting the cryptocurrency market hard, especially AI-based projects that depend on key US tech companies.
Coins which i find particularly interesting, and had been considerably safer have now been hit. some of them are marked below.
What now ?
The US and China would need to work out a solution to this potential AI winter and allow for the market to breathe.
What does it mean for you ?
AI and it's advances won't be stopping any time soon. However it is important to note how your risk appetite reflects your ability to invest. Can you buy to bear the losses and await the future growth that is expected in the future ? I am going to cautiously invest a little in each, a little buy-in at a dip.
What you do is your choice :)