Recently BTC had a decent pump where it took some of the alt coins as well along with it. Some alt coins had a slight pump too. They say that there will be a huge demand for BTC all the time but I think people are rushing more towards semiconductor companies right now. The future is very bright for AI related products and which is where hardware is very important. Many people are trying to setup heavy hardware for hosting their own LLM models. I remember that there used to be a time when GPU was costly when lots of people started mining cryptocurrencies. Now is the time for AI.
Source - Gemini
Any trend will have a huge spike and then it will fall down and then it will stablize. I think we are slowly reaching stability for everything that has happened in the crypto world. People are no longer investing heavily in crypto and they have moved in to invest in semi conductor stocks. It is wise thing I would say. I understand that there will be a huge demand for this but I wouldn't agree that crypto is done for now. Maybe things have gone very slow but it will definitely recover back.
Most of the big GPU companies and semiconductor companies are mostly outside India. This is something that I was wondering. Maybe it is high time to pick a small company that has great potential and invest in that. There is a high chance that even a small company can grow into a big one in this market trend. I don't think the fall in the AI world is going to be anytime soon. There have been inventions one after the other happening continuously. It will take some more time to hit saturation and then only it will start going down. For people who are entering now, it can be a good opportunity and maybe like bitcoin investment. We shouldn't miss the bus.
I have been in the hunt to see if there are any Indian companies available that can be of a great investment for the future. Let's see.
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