Alliance DAO Co-founder Says AI Trading Forms Bubble, Advises Against Blind Bottom Fishing

On November 7, QwQiao, co-founder of Alliance DAO, stated that the pricing of AI stocks is currently uncertain and must consider multiple factors such as future technological breakthroughs, supply chains, credit markets, politics, and macroeconomics. He pointed out that AI trading is almost certainly a massive bubble, which will experience excessive declines when it bursts. QwQiao emphasized that he would only consider making significant purchases of AI stocks when charts indicate a bottoming process, investor sentiment is severely impacted, and AI is widely regarded as worthless.

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