Post
Topic
Board Bitcoin Discussion
Re: How do you like AI for trading crypto?
by
Wend
on 16/11/2023, 22:52:26 UTC
OP, I cant relate very well because I am not a trader. But with my understanding for the use of l AI, I don't think it is necessary for trading. One of the main reason AI technology was invented is to facillate what we do and how we do faster and accurately.

So, I know that people who do day to day trading does not rush the market or want to trade faster so there is no need using AI to facillate your trade.

Also, AI don't have any mystic or super powers. The knowledge it has is a compounded knowledge from different resources and informations in the world. And these informations were provided by man. So whatever it does still comes from the knowledge of man
Bots have been used in trading for a long time and they are also highly effective in assisting traders. Therefore, using AI also brings some benefits in synthesizing data and from there we will have a more comprehensive view of our trading activities. AI cannot completely replace us in analyzing and providing trading orders. We only use them to assist us during certain periods.
AI is not a miracle tool, but it cannot be denied that it is an effective support tool for many people in many different fields.