recently following the AI trend i was oportuned to come across some Livestream on X where Bingx showed off some new AI features that help you understand the market better and manage risks more effectively. This makes it a good choice for anyone who wants to make the most of cryptocurrency while keeping their money safe. just like AI leveraging trading.
You can watch their recent event here to see what they're all about:
https://m.youtube.com/watch?v=hX0tO-lw_t8&pp=0gcJCdgAo7VqN5tD. Give it a try and see how it can change the way you trade crypto. for me i think we need more smart way to see the market and this platform somehwat is about to deliver hahaa what's your take on this ?
My take on this is that, there is no way you can use an AI tool that is been developed by an exchange who is a money making platform and hope to win big from trades using that same AI incorporated in the exchange to trade. You might even get it right when you start and think that the Ai is the best tool you can use for trading and won’t even want to use your knowledge of trading to analyze the market again but just continue to use the AI. AI bots are man made and anything made of man is prone to error at anytime, even when you least expect it.
AI may have come with a good intent and may look very well like the good intent is what is been worked towards, but don’t mistake that for easy passage to your trading goals. Apply your own knowledge too, compare it with this AI tools and see how you can use them interchangeably to achieve the best results. AI may not be that bad but since they are prone to errors also, you should trade with them carefully and always be the one to control their use and not them telling you what to do.