The current scenario accurately reflects the great usefulness and application of this concept, the lack of control by inexperienced and anxious people during devaluation, shows that the bots of this project will be very useful and will allow us to have more control and profits in those moments. An excellent investment for our future investments
Maybe :/ im kind a sad if bots be only way we will be able to trade
whats the fun then ? if everything is going by AI? off course the profits will be grater but still .. i will miss the human factor ,to bad its inevitable and sooner or later AI will concur the exchanges so i try to hop in now
The thing is that I'm a bad trader because I'm too emotional. And, I can't think straight in dips so, bots can help me.
Tell me about it. whenever I see the market crash, my impulse is to go and sell everything. Luckily the "hodl" guys keep me from doing it.
Right brother that what keeps me motivated. But, it's too much stress and I want to get rid of it. NaPoleonX might help.
In the future this AIs will get better and better we will have no chance to compete against them so I think this project will be a great success if they manage to get it working.
I dont know if they will deploy ai/Deep Learning technology for their bots. I asked this question earlier in the thread but it is unanswered. As of now I consider the strategies and bots as simple rule based trading execution management (and low freq).
But image the future where only bots will be used for trading and investing, it will be much harder to even get any profit since everything will be precisely calculated and predicted.
No human factor means low chance for error which leads us to pretty steady market.
But ICOs wouldn't be very affected because it is always a little unpredictable. Moreover, a more steady cryptocurrency market would be beneficial for us all to reach mass adoption.
Differents bot will get different results, is true that if everybody uses bot, the margin of profit could decrease, BUT, not everyone will use the same bot, they will use lots of them for different purposes, and they will have parameters change all the time, so if a bot is told to trade only de 20% of the available balance, it will do so, other bots will be allowed to trade 50% or 5%, some will work for a certain amount of time, or told to stop when certain amount is reached, either in exchanges or in your balance, different assets have different markets, though with bots it will as low rate as Forex, only people that KNOWS trading invest there, and look how little it goes up or down, while in the criptocurrency world, common people are the ones who trade, experts, and noobs, that is what is causing the bitcoin to go down sooo low if we compare it with forex or stock market, it becomes volatile if we let the average people trade XD.