If they are accurate and can trade for us, I'd do that and that's a real passive income. But Ais like chatgpt are just guides for our trades. They'll still needed to be maneuvered and control to make the trades profitable. We have gunbot and other AI bots that are published in the forum to automate the trade but it doesn't mean that when we use them, we'll be 100% profitable. There is a misconception about it still and traders especially the new ones need to understand that.
There's no such thing as 100% profitable or 100% win rate in gambling that's why professional traders always go above 1:1 as their risk-to-reward ratio, and sometimes it's around 1:2 so that if they lose one trade and win one trade, they'll still end up in breakeven instead of losing money because of that one loss.I tried to use GetAgent (AI tool on Bitget) a few days ago with regards to SOL, it's analysis on it, and ask it as well if what position will I open including entry price, stop-loss and target profits. I will not explain anything here, but copied what the tool said, and I ended up losing money on that position, but it's something that I can afford to lose anyway just for the sake of experiment. I know that it's only 1 trade, but in the future, I'll do even more. I just need some money to do it.
At the end of the day, AIs like ChatGPT and the like are just tools for us to have a better grasp of the coin/token. These tools makes our analysis way easier, but it isn't a tool where it gives us EP, SL and TP, and expect that we will make profit from it. Sure, you might win some, but I wonder what will be your win rate if you rely on these AI tools when it comes to trading. Hmmm.