Artificial intelligence is on a fast track. Task that were once considered to be time consuming and energy sapping are now completed within minutes using AI. some traders sit for hours in front of their gadgets analyzing charts and studying trends yet they end up making bad trade calls, but now there are AI bots that analyses the market and places trades automatically even while you sleep.
So friends, what do you think the future have in store for BTC trading and mining?
AI is taking over and it is extremely efficient but it also has its own lapses. People have been using trading bots since a while now but they still have to work based on the programming and settings from people. We have seen lots of people using bots make huge mistakes of using millions of dollars as gas fee for transactions of just few 100s dollars. We've also seen bots trading 100 thousands of dollars for peanuts as a result of error which can be avoided by human.
AI is cool and taking over. But when it comes to their application into cryptocurrencies trading, the users should be extremely careful.