I am sure that it can, even despite the fact that unpredictable things are happening on the market. I am convinced that such bots already exist, but you will never see such a bot on sale.
People who use such technologies do not need money, so all bots promising you something similar are just attempts.
Topic: Can Crypto trading bot beat human intelligence? (Read 754 times)
I am sure that it can, even despite the fact that unpredictable things are happening on the market. I am convinced that such bots already exist, but you will never see such a bot on sale.
People who use such technologies do not need money, so all bots promising you something similar are just attempts.
It may beat at some occasions but may get failed in most other occasions. Still I like to explain you that do not underestimate the power of human brain which is at least 1000 times more powerful than the USA military owning super computers. Bots are just few line codes which may not worth to be compared with human brain.People who use such technologies do not need money, so all bots promising you something similar are just attempts.
But at wild market fluctuations, bots may seem like a perfect solutions which again may lead to think about beating human brain but not in all times and in all conditions of markets and cross thinking capabilities.
Come to think that bots are human made which means that human brains are far more superior.Bots are for automation it might really have that advantage when it comes on some thing but a bot cant beat up
a human when it comes to decision making in case on any situation because not all would be handled out by a bot.So its a no in most cases on where a bot can beat up human intelligence but somehow
the creation of these bots are making the jobs even way more simplier and not time consuming thats why people nowadays do really rely to automation.
I am sure that it can, even despite the fact that unpredictable things are happening on the market. I am convinced that such bots already exist, but you will never see such a bot on sale.
People who use such technologies do not need money, so all bots promising you something similar are just attempts.
It may beat at some occasions but may get failed in most other occasions. Still I like to explain you that do not underestimate the power of human brain which is at least 1000 times more powerful than the USA military owning super computers. Bots are just few line codes which may not worth to be compared with human brain.People who use such technologies do not need money, so all bots promising you something similar are just attempts.
But at wild market fluctuations, bots may seem like a perfect solutions which again may lead to think about beating human brain but not in all times and in all conditions of markets and cross thinking capabilities.
Shouldn't this depend on the intelligence of the human we are talking about? Surely there must be some people who are smarter than a software and there could be people who are not, this doesn't mean that some people are smarter than others, it is just simple fact that a person could understand from one thing and not really know much about another, a PHD doctorate who is insanely wise about history could have zero idea how finances works, this doesn't make him an idiot, there are of course just pure idiots in life as well but not being smarter than a bot is not a calculation of that.
So, either you know this trading business well enough to be better than a trading bot, or you do not know enough and you just let a bot handle all of your trades itself and you relax meanwhile.
So, either you know this trading business well enough to be better than a trading bot, or you do not know enough and you just let a bot handle all of your trades itself and you relax meanwhile.
It depends on the human that we are comparing. I mean there are humans who are idiots and trading bots can beat that easily, however there are great traders which I think it would be difficult to beat if you ask me. Hence I think depending on the human we are talking about bots could be either amazingly better or much worse but if we are gonna take the average I think it depends on the market.
This question can be answered by a common sense. Trading bots are made by humans, and humans can't be made by bots. It is too obvious that the human intelligence is so flexible and can learn a lot of knowledge, it is complex, while the trading bot is really limited and programmed, it can learn and gain knowledge by its own. It doesn't comprehend how things work, it is programmed just to do its thing in the trading platform.
It doesn't think critically that's why it is risky to use it if you want to have a profit, instead you should use your own knowledge and skills in trading so that you will not lose your money and you can manipulate your assets in the market properly. People's capacity of learning is never limited, a human can learn and learn something from time to time based on their experiences.
For example, during a bear market where all is going down I would believe on an average human, not super smart not idiot, however on a bull run I would trust the bot more because bots know how to make money usually, they are good at that, I have seen plenty of bots that are great at that, however when it comes to bear markets not that many bots are good, I haven't even seen one that is good during bear market.
It depends on the people if they are not thinking critically based on the bull run. Bots are somehow effective in the bull run because they are programmed on that way that's why they are effective in that kind of aspect. But in the bear markets, i would still choose human over trading bot.
This conversation reminds me the big debate we had in the industry years back.
If a machine can beat Casparov playing chess.
It took some time and ML (Machine Learning) can do that and may more.
If human intelligence is by the capability of analyzing vasts amount of data and make conclusions,
then yes ML is already there and makes better decisions then human.
I'm a newbie in the Crypto world ,and a veteran in the HiTech industry,
but as far as i can tell ,
I can collect all the data needed for an ML Crypto trading bot to make decisions, scrape the web, read logs, order books and more...
based on this data i can make a decision that is good for that point.
But,
Since this market is a wild horse, it's hard to predict the upcoming events based on the past ones.
Therefore i'm not sure that this method of ML is the right one for the job
/\/\rk
If a machine can beat Casparov playing chess.
It took some time and ML (Machine Learning) can do that and may more.
If human intelligence is by the capability of analyzing vasts amount of data and make conclusions,
then yes ML is already there and makes better decisions then human.
I'm a newbie in the Crypto world ,and a veteran in the HiTech industry,
but as far as i can tell ,
I can collect all the data needed for an ML Crypto trading bot to make decisions, scrape the web, read logs, order books and more...
based on this data i can make a decision that is good for that point.
But,
Since this market is a wild horse, it's hard to predict the upcoming events based on the past ones.
Therefore i'm not sure that this method of ML is the right one for the job
/\/\rk
Bots are basically human intelligence program into algorithms, so when using a bot it's like just doing your work automatically. It's not like the program has it's own intelligence to make it's own strategy. Also humans adjust the parameters to which is profitable, i dont see any relevance or competition between humans vs bot when it comes to intelligence. A bot is just a tool for humans to use in my opinion.
Have tried trading bots but all seems to fail and disappoint at one point or the other, the fact is that bots are like machines that can fail or get faulty without notice. It is a wrong choice for any trader.
I once tried trading bots, but I lost and didn't produce anything, so I stopped using the trading bot.I agree that trading bots work like machines, so I don't think trading bots can beat human intelligence.
https://bitcoinexchangeguide.com/best-bitcoin-trading-bots/ this could help you... Good luck.
Have tried trading bots but all seems to fail and disappoint at one point or the other, the fact is that bots are like machines that can fail or get faulty without notice. It is a wrong choice for any trader.
But there are many people out there who get rich by using bot. But I can't tried yet because it is too expensive so I think it depends on the quality of the bot. Like we could say, "What are their best assets and what is the advantages of it in other bots?" That's what we need to know. legendary
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I think the bot cannot beat human intelligence because the bot is work with the setting we've made before and it's only working with the current situations. Every time we need the bot to moves related to the market, we need to set it up again and again because the bot cannot change the setting automatically, so we need to adjust many times. But if you want to use the bots, make sure you can set the bot so it will run like what you want, and the bot can help you to make a profit.
the situation and circulation in trade are always changing, so you need to do a bot reset on the market situation when you last saw it. in the case of intelligence, of course, bots cannot beat human intelligence in trading, because bots are just a system. we don't know when the bot will produce continuous loses. While humans have real intelligence (debatable, but still), they also have few huge drawbacks that happen to be important in trading:
Now going straight to the point that you have here, then you are kind of telling us that bot is better than human being lol.- Emotions
- Inconsistency
- Speed
Just kidding, I understand what you aim, and this is still why we are quite different from machines, there are some things that machines are specifically built for because of some of the coding languages that we have.
Just like this computer that you are using, in as much as it is human that built it, they still quite function better and faster than human being, the amount of information that they process within the shortest possible time can never be processed by human in years, so trading both will always be more effective, but then can still not function well without us, so it is like they both work hand in hand to make the trade better.
Have tried trading bots but all seems to fail and disappoint at one point or the other, the fact is that bots are like machines that can fail or get faulty without notice. It is a wrong choice for any trader.
Trading bots help in executing the trades automatically and they use algorithms to detect trends of the market, on the basis of that you can execute the trades.
One of the benefits of bots is they trade based on analysis rather than emotions to avoid panic buying and selling as bots are not influenced by the psychology of a trader.
Artificial intelligence and Machine learning help bots to constantly develop and evolve, but what I think is there is a long way to go to beat human intellect. Human touch is very significant as a good trader can feel for the markets. If something unexpected is happening in the market then humans can adjust the trading plan accordingly, where the bot will run on the rules that are set. Recently one of my friends introduced me to a trading tool named SmartBotCoin.io. I haven’t used this tool but bots or tools can still be helpful in some part of trading so I decided to check out the features on their website look good. I have seen many potential scams in trading tool category, so I want to be sure before using any crypto trading tool. Do you think it's worth trading on this tool?
Actually no, because crypto trading bot is not that perfect to help and make you a successful trade. Unlike the human intelligence, we are more skilled or adept to create a successful trade. But when we started to combine this two, we may start to create a good and beneficial trade. One of the benefits of bots is they trade based on analysis rather than emotions to avoid panic buying and selling as bots are not influenced by the psychology of a trader.
Artificial intelligence and Machine learning help bots to constantly develop and evolve, but what I think is there is a long way to go to beat human intellect. Human touch is very significant as a good trader can feel for the markets. If something unexpected is happening in the market then humans can adjust the trading plan accordingly, where the bot will run on the rules that are set. Recently one of my friends introduced me to a trading tool named SmartBotCoin.io. I haven’t used this tool but bots or tools can still be helpful in some part of trading so I decided to check out the features on their website look good. I have seen many potential scams in trading tool category, so I want to be sure before using any crypto trading tool. Do you think it's worth trading on this tool?
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I think the bot cannot beat human intelligence because the bot is work with the setting we've made before and it's only working with the current situations. Every time we need the bot to moves related to the market, we need to set it up again and again because the bot cannot change the setting automatically, so we need to adjust many times. But if you want to use the bots, make sure you can set the bot so it will run like what you want, and the bot can help you to make a profit.
While humans have real intelligence (debatable, but still), they also have few huge drawbacks that happen to be important in trading:
- Emotions
- Inconsistency
- Speed
The effectiveness of a bot at the moment depends mostly on how good the user is at making and maintaining the efficiency of a working strategy that a bot's running. It's relatively difficult to create a profitable strategy in the first place, and you can't just leave a bot running without some intervention as well in most cases. One of the good things about using bots is that you're not impacted by emotions or other things that many manual traders get hung up on, however, but certain bots definitely do beat manual traders in profitability.
Trading bots help in executing the trades automatically and they use algorithms to detect trends of the market, on the basis of that you can execute the trades.
One of the benefits of bots is they trade based on analysis rather than emotions to avoid panic buying and selling as bots are not influenced by the psychology of a trader.
Artificial intelligence and Machine learning help bots to constantly develop and evolve, but what I think is there is a long way to go to beat human intellect. Human touch is very significant as a good trader can feel for the markets. If something unexpected is happening in the market then humans can adjust the trading plan accordingly, where the bot will run on the rules that are set. Recently one of my friends introduced me to a trading tool named SmartBotCoin.io. I haven’t used this tool but bots or tools can still be helpful in some part of trading so I decided to check out the features on their website look good. I have seen many potential scams in trading tool category, so I want to be sure before using any crypto trading tool. Do you think it's worth trading on this tool?
One of the benefits of bots is they trade based on analysis rather than emotions to avoid panic buying and selling as bots are not influenced by the psychology of a trader.
Artificial intelligence and Machine learning help bots to constantly develop and evolve, but what I think is there is a long way to go to beat human intellect. Human touch is very significant as a good trader can feel for the markets. If something unexpected is happening in the market then humans can adjust the trading plan accordingly, where the bot will run on the rules that are set. Recently one of my friends introduced me to a trading tool named SmartBotCoin.io. I haven’t used this tool but bots or tools can still be helpful in some part of trading so I decided to check out the features on their website look good. I have seen many potential scams in trading tool category, so I want to be sure before using any crypto trading tool. Do you think it's worth trading on this tool?
It's worth trying.
But look, there are set uips that will be made and those are he difficult part of using a bot.
On the bright side, it could really be profitable once done right.
But still the instincts of one human being cannot be compared to anything. Please do remember that.
Me, I am a manual trader. I read the movement of the market and somehow make profits out of it even if just making $20 a day. But believe me also, both are difficult.
Trading bots help in executing the trades automatically and they use algorithms to detect trends of the market, on the basis of that you can execute the trades.
One of the benefits of bots is they trade based on analysis rather than emotions to avoid panic buying and selling as bots are not influenced by the psychology of a trader.
Artificial intelligence and Machine learning help bots to constantly develop and evolve, but what I think is there is a long way to go to beat human intellect. Human touch is very significant as a good trader can feel for the markets. If something unexpected is happening in the market then humans can adjust the trading plan accordingly, where the bot will run on the rules that are set. Recently one of my friends introduced me to a trading tool named SmartBotCoin.io. I haven’t used this tool but bots or tools can still be helpful in some part of trading so I decided to check out the features on their website look good. I have seen many potential scams in trading tool category, so I want to be sure before using any crypto trading tool. Do you think it's worth trading on this tool?
In technical analysis, it's easy for bots and time saving to do but that't not beneficial for trading, humans haven't created unique artificial intelligence, currently it learns on actions, on past results but it's abilities are very short, focusrd on one thing. It can't consider news that always affects price, it only moves according to charts, so without considering real time news, it's not a good option, that's why it can't change human on it at the moment.One of the benefits of bots is they trade based on analysis rather than emotions to avoid panic buying and selling as bots are not influenced by the psychology of a trader.
Artificial intelligence and Machine learning help bots to constantly develop and evolve, but what I think is there is a long way to go to beat human intellect. Human touch is very significant as a good trader can feel for the markets. If something unexpected is happening in the market then humans can adjust the trading plan accordingly, where the bot will run on the rules that are set. Recently one of my friends introduced me to a trading tool named SmartBotCoin.io. I haven’t used this tool but bots or tools can still be helpful in some part of trading so I decided to check out the features on their website look good. I have seen many potential scams in trading tool category, so I want to be sure before using any crypto trading tool. Do you think it's worth trading on this tool?
Artificial intelligence is a new thing, so it's far away from intelligence at the moment.
I think crypto trading bot will never beat human intelligence because a bot or an AI/artificial intelligence is just a man made so I think bots and AI's will never beat human intelligence in the case of trading.
Trading bots help in executing the trades automatically and they use algorithms to detect trends of the market, on the basis of that you can execute the trades.
One of the benefits of bots is they trade based on analysis rather than emotions to avoid panic buying and selling as bots are not influenced by the psychology of a trader.
Artificial intelligence and Machine learning help bots to constantly develop and evolve, but what I think is there is a long way to go to beat human intellect. Human touch is very significant as a good trader can feel for the markets. If something unexpected is happening in the market then humans can adjust the trading plan accordingly, where the bot will run on the rules that are set. Recently one of my friends introduced me to a trading tool named SmartBotCoin.io. I haven’t used this tool but bots or tools can still be helpful in some part of trading so I decided to check out the features on their website look good. I have seen many potential scams in trading tool category, so I want to be sure before using any crypto trading tool. Do you think it's worth trading on this tool?
It is possible, since there are a lot of traders who doesn't have enough knowledge about trading especially when it comes to the strategies they need to use and apply, trading bots can help us and also newbies. One of the benefits of bots is they trade based on analysis rather than emotions to avoid panic buying and selling as bots are not influenced by the psychology of a trader.
Artificial intelligence and Machine learning help bots to constantly develop and evolve, but what I think is there is a long way to go to beat human intellect. Human touch is very significant as a good trader can feel for the markets. If something unexpected is happening in the market then humans can adjust the trading plan accordingly, where the bot will run on the rules that are set. Recently one of my friends introduced me to a trading tool named SmartBotCoin.io. I haven’t used this tool but bots or tools can still be helpful in some part of trading so I decided to check out the features on their website look good. I have seen many potential scams in trading tool category, so I want to be sure before using any crypto trading tool. Do you think it's worth trading on this tool?
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