Re: Impact Of Artificial Intelligence And Machine Learning on Trading And Investing
This is complete nonsense!
There is no evidence that this works.
And to write just a program that will work according to a given algorithm, it's not an artificial intelligence.
If he existed, then if he realized himself, he would not get into such nonsense
There is no evidence that this works.
And to write just a program that will work according to a given algorithm, it's not an artificial intelligence.
If he existed, then if he realized himself, he would not get into such nonsense
Well I mean it's not nonsense. AI and bot trading is something which is far-reaching in traditional markets and something which is, without a doubt, already in crypto. I wouldn't doubt that people are testing AI machines right now to try to gain historical intelligence of what people do in regard to buying, selling, holding etc. There is a ton of money to be made if something like this can be coded and perfected, I await seeing if someone can pull it off.
Sounds pretty insane, would be horribly (though cool) to see.
Without enough historical data (as you say, collection has already begun), and when things cool down a little (from being so volatile) I could see these things being more effective. But right now, it is a lot of faith to put in to trading algorithms to have them throw money around for you when things can change at the drop of a hat that would be hard for us to predict, with access to all the news etc, let alone for a bot that does TA. Probably just a matter of time though, I wonder what the market will look like then.