Topic: Did you know about AI trading bot? (Read 604 times)
Yes I have hear a lot about AI trading bot and actually I haven’t use it before and it stand for a technical reason that can be doing your trading without your attention and sometimes it is done in different situations depending on how it is being used to make a complete trade that you want, but I don’t usually use it because I control my trades myself and I decide what to do and what not to do in trading for the trading to be perfect and be done in a manner of bringing more profit, I know so many people have lot of knowledge about it, but why I don’t put much attention on it because I don’t use it.
Everyone must know about this trading feature and I think everyone who is involved in trading must have tried this feature at least once. AI trading or bot trading is a feature of trading where you deposit money according to certain rules and artificial intelligence will automatically trade you.
You only need to give outside direction as to how often you will trade and when to sell and how much you will trade each day. When these instructions are given to the artificial intelligence from outside, the artificial intelligence will act according to your instructions and trade based on profit and loss.
There are YouTubers who are very satisfied with this trading because they earn thousands of dollars every month using this kind of trading feature but when I applied it myself the results did not come for me.
You only need to give outside direction as to how often you will trade and when to sell and how much you will trade each day. When these instructions are given to the artificial intelligence from outside, the artificial intelligence will act according to your instructions and trade based on profit and loss.
There are YouTubers who are very satisfied with this trading because they earn thousands of dollars every month using this kind of trading feature but when I applied it myself the results did not come for me.
Yes, AI trading bots are becoming increasingly popular in the crypto space. They offer a way to automate trading strategies and take advantage of market opportunities without needing to be constantly monitoring the markets. Some exchanges even offer features like loss protection, which can help mitigate risk.
Have you tried it at this point? If you have tried it on any exchange, try to share a little of your experience here so that other crypto market activists can read how it works on the exchange that offers it. Because I still don't trade regularly, I still don't rely on this, so I still need to read things like this more fully so that I can try them when I return to trading using more time. Because at this current moment I still tend to buy more than sell, even though the aim is also to obtain a more perfect profit. 
AI is basically an artificial intelligence complete robot that can think much like a human. so AI trading bots may be able to make decisions much like humans but there are many risks here too. Because no technology can tell an accurate and guaranteed future then how can a bot guarantee someone a profit in trading. no matter how one trades, risk will always be there, so one must accept risk in order to trade. And one should trade with the amount that one has the ability to accept losses. and along with that there must be patience
Using Bot doesn’t guarantee anything, you can only use this to automate your trade but not to automate your profit because you are still the one to set-up the indicators that you are going to use or simply use the format available. Bot is ok to those who are busy yet still want to trade actively, and they also have feature about the stop loss, you just need to set it and the bot will follow it accordingly. 
AI trading bots are still a risky thing to use for an already risky activity which is a bad idea, as much as I like technology and AI technology's current innovation, it's still a bit lacking in some departments that will probably take some time before it can ever solved and right now, if you're still the one that's specifying what the bot should do when it comes to trading, it's probably in your best interest to stay away from that because you still need to do some inputs to the put just to automate it but I think that a perfected AI should be able to just trade straight away without any prompts or specifics from the users, that's the time that I know I can trust trading bots to trade for me, note that the trust goes hand in hand with the fact that you're going to still be profiting from the trades of that bot/AI 90% of the time and the losses would be at a minimum.
AI is basically an artificial intelligence complete robot that can think much like a human. so AI trading bots may be able to make decisions much like humans but there are many risks here too. Because no technology can tell an accurate and guaranteed future then how can a bot guarantee someone a profit in trading. no matter how one trades, risk will always be there, so one must accept risk in order to trade. And one should trade with the amount that one has the ability to accept losses. and along with that there must be patience
Unfortunately, (or maybe fortunately) these are not artificial intelligence at all. These are machine learning programs which learns from thousands and thousands of moves, and make decisions based on that.You enter what a profit is, and you enter what a loss is, then you enter 100 thousand different trades, it sees which ones were profitable and which ones were loss, and tries to find what made the winners win. That is not a bad idea, its a good concept, but it is not artificial intelligence, it doesn't have a brain of its own, so there is no reason to worry about any trading bot to take over the world yet lol. Just feel as if nothing is wrong and you should be doing fine, its not going to hurt anyone and its a boring software that's it.
AI is basically an artificial intelligence complete robot that can think much like a human. so AI trading bots may be able to make decisions much like humans but there are many risks here too. Because no technology can tell an accurate and guaranteed future then how can a bot guarantee someone a profit in trading. no matter how one trades, risk will always be there, so one must accept risk in order to trade. And one should trade with the amount that one has the ability to accept losses. and along with that there must be patience
I don't trust that AI trading bot, because if your setup is wrong, you will lose immediately. It's really different when we ourselves conduct trading on an exchange.
This is correct, there's a misleading thought about using bot or ai bot or whatever they call it. You are still the one to setup the conditions and numbers on it. It doesn't mean that you're going to use a bot, you're in assurance that you're going to make a lot of money with your trades, no.You just made your trades automated which can also be done even without having a bot to use to. But all you have to do is to set your limits even without using a bot which is a feature of most exchanges.
So if you don't think that you don't need these ai bots or trading bots then that's okay because we are on our own on this market whether how brutal it is, we don't mind it because we know how to trade.
But those that have got tired already and just chose to hold, that's also fine and not a problem at all.
I have not done AI trading so far but I can train by copying signals from other people. But no matter what anyone says about AI trading or anything else you have to take risk you can never do without risk. I don't know how to control this eye, I must follow some guidelines, but if anyone knows how much this AI is good for myself or for others, please reply to my post. What is actually happening is that the whole world has been covered with AI, so it is working everywhere because one day it will be seen that there is no work for humans and all the work can be done through robots, then the income of people will decrease per capita income and everyone. And those who are poor will starve to death because their function will be reduced and their needs will be reduced.
I don't trust that AI trading bot, because if your setup is wrong, you will lose immediately. It's really different when we ourselves conduct trading on an exchange.
This is correct, there's a misleading thought about using bot or ai bot or whatever they call it. You are still the one to setup the conditions and numbers on it. It doesn't mean that you're going to use a bot, you're in assurance that you're going to make a lot of money with your trades, no.You just made your trades automated which can also be done even without having a bot to use to. But all you have to do is to set your limits even without using a bot which is a feature of most exchanges.
I don't trust that AI trading bot, because if your setup is wrong, you will lose immediately. It's really different when we ourselves conduct trading on an exchange.
This is correct, there's a misleading thought about using bot or ai bot or whatever they call it. You are still the one to setup the conditions and numbers on it. It doesn't mean that you're going to use a bot, you're in assurance that you're going to make a lot of money with your trades, no.You just made your trades automated which can also be done even without having a bot to use to. But all you have to do is to set your limits even without using a bot which is a feature of most exchanges.
Recently I heard about AI trading. AI means Artificial intelligence which operated by bot. I think it is good idea. Trading is difficult i think, it has huge risk and many people are not experienced with trading so they losing their valuable fund. And we fall huge mental presser when we trade. But AI trading is free from that presser. Because it operated by bot. And bot can understand market's movement. So losing possibility is poor in AI trading. Some CEX started AI trading. So AI trading is blessing for inexperienced traders. They can easily get profit from AI trading.
I don't trust that AI trading bot, because if your setup is wrong, you will lose immediately. It's really different when we ourselves conduct trading on an exchange. Now, as you said,
this AI trading bot is only good for newbies entering crypto trading but not for old members in this field, of course.
But to others who believe in this, I can only say that you should do it at your own risk, because whatever happens is not a good result in the end; that is the result of the decision you made.
To be honest, even then I didn't believe in AI trading, because I watched a video where he explained that the trading bot and AI trading are the same thing. I saw and verified that what he said was true. . Those trading bots that were noisy before and no one noticed have been quiet for a few years.
And now when they saw that AI was trending, they were encouraged again so they used AI to replace their existing system, and it seems that they succeeded in this matter, but after just a few months, they became silent because that's how it is the truth.
And now when they saw that AI was trending, they were encouraged again so they used AI to replace their existing system, and it seems that they succeeded in this matter, but after just a few months, they became silent because that's how it is the truth.
Recently I heard about AI trading. AI means Artificial intelligence which operated by bot. I think it is good idea. Trading is difficult i think, it has huge risk and many people are not experienced with trading so they losing their valuable fund. And we fall huge mental presser when we trade. But AI trading is free from that presser. Because it operated by bot. And bot can understand market's movement. So losing possibility is poor in AI trading. Some CEX started AI trading. So AI trading is blessing for inexperienced traders. They can easily get profit from AI trading.
AI trading is just evolving and this is going to make a lots of traders to be lazy because people now will not want to study the market to analyze trades but would be after the profits they are going to make from the market once they set there hands on bots that will be able to trade for them without having so much loses. Once there is a bot that have like 70% to 80% winning rate, it will make a lots of traders to be very lazy and people will start losing interest in acquiring the skill they need to be a smart trader, analysing the market without stress. that would be a mistake of a trader, if he will depend on AI entirely. having your own knowledge, strategies, tricks will be your advantage. some of the facets will not be considered by AI. those human factors such as sudden change of plans by the dev, which we can get from their announcements or hints from social media channels. AI is a very good technology, but if it is couple with human intervention, you may get the true benefit of this tech.
In my opinion there will be some evolution steps:
1. Several AI projects/bots will be profitable for some months or maybe even years, sure.
2. Same time a huge amount of AI projects evolve as scam riding on the hype. The only target is to squeeze money out from people.
3. Later on we begin to understand. AI may help in trading, but should not be used without human interaction.
4. And there will be very big players controlling AI's (if they not already do). And so AI become a nice tool to manipulate the masses. In a way we cannot imagine today. Youtube, Pictures, Forums - all may be ruled by AI's. We don't know anymore if things are true or not. It gets very difficult to avoid AI in all ways.
Just think of it: AI is not able to generate money. At least not now and in near future. There will be always people losing their funds. And you think these people live somewhere outside of scope? No, we are these people!
So in my opinion, AI is just a shorttime squeezer of money. We may, if we are smart, use it to analyze data. But not for automated trading in a sustainable way. Big players will try to, but with other intentions than we liked using it.
1. Several AI projects/bots will be profitable for some months or maybe even years, sure.
2. Same time a huge amount of AI projects evolve as scam riding on the hype. The only target is to squeeze money out from people.
3. Later on we begin to understand. AI may help in trading, but should not be used without human interaction.
4. And there will be very big players controlling AI's (if they not already do). And so AI become a nice tool to manipulate the masses. In a way we cannot imagine today. Youtube, Pictures, Forums - all may be ruled by AI's. We don't know anymore if things are true or not. It gets very difficult to avoid AI in all ways.
Just think of it: AI is not able to generate money. At least not now and in near future. There will be always people losing their funds. And you think these people live somewhere outside of scope? No, we are these people!
So in my opinion, AI is just a shorttime squeezer of money. We may, if we are smart, use it to analyze data. But not for automated trading in a sustainable way. Big players will try to, but with other intentions than we liked using it.
In some cases bot are very smart regardless of the volatility of the market. Trading with both is just like trading smarter because you’ve got no reason to stress yourself.
Humans will never be replaced by bots. I don't think if bot is really smart regardless of volatility. My understanding of volatility is that trading with high volatility coins increases your chances of hitting your stop loss. However, if you trade with low volatility, your stop loss is unlikely to be reached. Volatility is something that all traders understand.The only one advantage of bot to humans is that there are no emotions at all when they trade. Meaning, they always stick to their plan no matter what happen. Unlike humans, if they get controlled by their emotions they keep changing their trading plans and that's the main reason why they don't succeed in trading.
Recently I heard about AI trading. AI means Artificial intelligence which operated by bot. I think it is good idea. Trading is difficult i think, it has huge risk and many people are not experienced with trading so they losing their valuable fund. And we fall huge mental presser when we trade. But AI trading is free from that presser. Because it operated by bot. And bot can understand market's movement. So losing possibility is poor in AI trading. Some CEX started AI trading. So AI trading is blessing for inexperienced traders. They can easily get profit from AI trading.
AI trading is just evolving and this is going to make a lots of traders to be lazy because people now will not want to study the market to analyze trades but would be after the profits they are going to make from the market once they set there hands on bots that will be able to trade for them without having so much loses. Once there is a bot that have like 70% to 80% winning rate, it will make a lots of traders to be very lazy and people will start losing interest in acquiring the skill they need to be a smart trader, analysing the market without stress. I get that it is going to get something that will be beneficial to everyone, and in return we are going to end up with a great return that will benefit the situation to be a lot more important. Of course it's not going to be a profitable thing right away, but we should be still waiting for it go get better. If you start using it right now, that is not going to end up being anything that is profitable, and you should be worried about it.
AI is way more efficient than humans rn. It can profit from tiny price changes super quickly. Most probably, traders will adopt AI-powered trading soon
Can you tell what bot you use? 
Recently I heard about AI trading. AI means Artificial intelligence which operated by bot. I think it is good idea. Trading is difficult i think, it has huge risk and many people are not experienced with trading so they losing their valuable fund. And we fall huge mental presser when we trade. But AI trading is free from that presser. Because it operated by bot. And bot can understand market's movement. So losing possibility is poor in AI trading. Some CEX started AI trading. So AI trading is blessing for inexperienced traders. They can easily get profit from AI trading.
AI trading is just evolving and this is going to make a lots of traders to be lazy because people now will not want to study the market to analyze trades but would be after the profits they are going to make from the market once they set there hands on bots that will be able to trade for them without having so much loses. Once there is a bot that have like 70% to 80% winning rate, it will make a lots of traders to be very lazy and people will start losing interest in acquiring the skill they need to be a smart trader, analysing the market without stress. 
Recently I heard about AI trading. AI means Artificial intelligence which operated by bot. I think it is good idea. Trading is difficult i think, it has huge risk and many people are not experienced with trading so they losing their valuable fund. And we fall huge mental presser when we trade. But AI trading is free from that presser. Because it operated by bot. And bot can understand market's movement. So losing possibility is poor in AI trading. Some CEX started AI trading. So AI trading is blessing for inexperienced traders. They can easily get profit from AI trading.
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The AI I use have a stop lose feature that takes care of that aspect so at that, there is a set percentage as to how much lose it can take before closing the trade automatically so at the end even on a bad day, your lose won't be overly significant. Quote
I haven't seen any success recorded with AI in gambling, as I have seen in trading, and that speaks volumes as to what difference it is between the casino system and the exchange system and which one is legit or ringed in results.
It simply points to one thing – casinos don't like those who play against them winning. Forget all the glitz and razzmatazz on the media of those who win, I always believe it's staged. For all we know, those they parade as lucky winners could be their cronies and they launder cash through them by making them pretend they hit a jackpot.AI may not record significant success in gambling since casino systems are programmed to favour the house as against the player, online exchanges where traders trade against each other, really it becomes easier for Artificial Intelligence to gather trading information from past histories that can make up a positive market analysis that will lead to profit taking.
Compared to casinos where the system is designed rigidly that doesn't allow integration of new developments, unless if in the future things change, because metaverse development may lead to more open source in casino systems where AI could fit in but chances are still low.
Regarding your opinion about game outcomes, I align my thought with yours for several reasons and events that I have experienced also in gambling.
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The AI I use have a stop lose feature that takes care of that aspect so at that, there is a set percentage as to how much lose it can take before closing the trade automatically so at the end even on a bad day, your lose won't be overly significant. Quote
I haven't seen any success recorded with AI in gambling, as I have seen in trading, and that speaks volumes as to what difference it is between the casino system and the exchange system and which one is legit or ringed in results.
It simply points to one thing – casinos don't like those who play against them winning. Forget all the glitz and razzmatazz on media of those who win, I always believe it's staged. For all we know, those they parade as lucky winners could be their cronies and they launder cash through them by making them pretend they hit a jackpot. ~snipped~
If all things continue to be equal, AI will continue to be profitable on CEX more than on casinos even though both of them are looking for ways to get his money tooIn trading really AI have recorded a lot of success compared to human efforts in trading because I have tried both, trading manually as a beginner is a fast way to lose, but in the end, you gain some experience, but the fact is that trading is like gambling also, so even with all the experience if luck is not on your side you still can incur loses time to time.
I haven't seen any success recorded with AI in gambling, as I have seen in trading, and that speaks volumes as to what difference it is between the casino system and the exchange system and which one is legit or ringed in results.
Lately exchanges has been trying to integrate everyone within the crypto space with an opportunity to make profit. There are introduction of different features that can enhance user’s profitability such as copy trading, flexible savings, staking, Launchpad and the likes. Now AI bot has been introduced into some CEX where users have opportunity to trade with bot. In some cases bot are very smart regardless of the volatility of the market. Trading with both is just like trading smarter because you’ve got no reason to stress yourself.
Also there are exchanges that offers loss protection on their bot, users get loss protection fund in any situation of loss. This might be an opportunity to explore.
Let me know your view regarding the trading bot and if you know any exchange with such feature yet also with loss protection fund on users loss.
All these new things are a bit of a risk and you should be careful about it. I know one that uses "AI" in the name and it does a bit of machine learning but in the end it's not really that much improved. It checks the winning ones, and why it won based on many indicators, and when it's spread to that many people who use the bot, it becomes like there are tens of thousands of profitable trades and tens of thousands of losses as well so it analyzes what happened and what was the situation like when people earned, and what was the situation when they lost.Also there are exchanges that offers loss protection on their bot, users get loss protection fund in any situation of loss. This might be an opportunity to explore.
Let me know your view regarding the trading bot and if you know any exchange with such feature yet also with loss protection fund on users loss.
This results with the bot learning what they should do and the result would be good, and it trades for itself. This all sounds great right? Well it fails, it fails to analyze and it fails to trade properly, so it keeps losing money, doesn't work as intended.
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If all things continue to be equal, AI will continue to be profitable on CEX more than on casinos even though both of them are looking for ways to get his money tooOne of the challenges of using a Bot to trade is that it can malfunction in case of a spike or fake-out. Another thing is that when Market Dynamism changes it may not be able to detect this also depends on the program it is functioning with.
I have never made use of an Artificial intelligence trading bot before but I know that any of these bots can give a wrong signal especially when the market is in a volatile market. Bits are created by humans and we don't expect them to have there own flux because there are still on the prospect of becoming amended and getting to the level of accuracy. If a human can trade in the market for many years and still make loses then why not a bot that is built based on some certain mechanism of functions. A bot can have a 90% of accuracy but can not have upto 100%.Yes you’re right, there can be 90% accuracy due to their good technical analysis.
One of the challenges of using a Bot to trade is that it can malfunction in case of a spike or fake-out. Another thing is that when Market Dynamism changes it may not be able to detect this also depends on the program it is functioning with.
I have never made use of an Artificial intelligence trading bot before but I know that any of these bots can give a wrong signal especially when the market is in a volatile market. Bits are created by humans and we don't expect them to have there own flux because there are still on the prospect of becoming amended and getting to the level of accuracy. If a human can trade in the market for many years and still make loses then why not a bot that is built based on some certain mechanism of functions. A bot can have a 90% of accuracy but can not have upto 100%. 
AI is way more efficient than humans rn. It can profit from tiny price changes super quickly. Most probably, traders will adopt AI-powered trading soon
Using of artificial intelligence for trading will make you as a trader to not learn and understand trading because its an automated bot and it works or functions according to what has be programmed to it, but people doesn't know, some times their is some bot app that needs a subscription before it can functions effectively. So the advantages in manual is better than the advantages with artificial intelligence kind of trading, I know that some people may like artificial intelligence kind of trading because it's conserved your money but as a trader you need a larger profit in which with the use of artificial intelligence you will not make a huge amount of profit 
An AI trading bot might not work, or else there would be no more losers in trading if everyone used an AI trading bot. Regardless of the style of trading, the trading sites would still make money, as more traders using trading bots would lead to more transactions and, consequently, more fees collected by the site.
Personally, I believe that no AI, robot, or similar technology can guarantee success in a volatile market because any sudden news or speculation can have a significant impact on the market within seconds. No AI would be able to stay that updated and respond quickly enough to such rapidly changing conditions.
I think this was still a bot and they only use the term AI to make it more appealing to those who think AI can make a lot of difference. And just like a normal bot, the profit potential will still depend on the skill of the trader.Personally, I believe that no AI, robot, or similar technology can guarantee success in a volatile market because any sudden news or speculation can have a significant impact on the market within seconds. No AI would be able to stay that updated and respond quickly enough to such rapidly changing conditions.
It is said to have a loss protect feature but I think this is only similar to stop loss to prevent us from losing further but it does not totally make our trades loss free so don't worry because the balance of the market won't be destroyed. Even if the traders won't use a bot, the trading sites can still earn from the trading fees that their costumers are using but they are also paying to maintain their business and not all trading sites are successful at the end.
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It was only a matter of time...but what should be done, is the conditions that the AI bot is using should be open-sourced...otherwise, how do we know what exactly the AI is programmed to do? If you aren't controlling it either, then what is the actual action for the user - just investing in the AI bot pool? I have to read more about this...
Yea that’s actually a good view, have tried it couple of time and I believe the AI work with the normal technical analysis of the market, once the market do not change direction as a result of news, rumors, human actions generally, that means the AI will be on good profit side. I might get you some link if you wish. Also you can check on Bitget website.
Well, in that case it should save a lot of time for day-traders and those who actually T.A./trade to-date. I don't think many are left. Though you are right that of news, rumors, human actions (and manipulation) did not exist, then this would thrive (if AI is only using T.A.). A good AI would be one that verifies news flow for authenticity/factual legitimacy and prices in news events as they are released, while conducting T.A.
If you have links to the AI open-source code I'm interested, otherwise I won't bother looking at what a centralized exchange is claiming to be AI trading for you. No code proof = can't be sure that it's even AI.
AI is way more efficient than humans rn. It can profit from tiny price changes super quickly. Most probably, traders will adopt AI-powered trading soon
I would not recommend using AI for trading. These are just machines which are programmed to trade by giving and verifying necessary inputs. Sometime when human brains are required these AIs won’t help. They won’t be adaptive as a human brain is. Moreover if by mistake the trade goes to loss, you will only cuss yourself for the wrong decision. AI is a great tool to do analysis and to gather information. But relying on it, as in complete auto-pilot mode is highly risky.
Definitely i can share my trading history with you. Do not compare someone who is always careful with someone who trades to get the whole world, that’s where greed comes in.
Just share it here. I know you're not greedy. 
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Yes he still trade whenever he need money.
O yeah, and I also know that everyone need money everyday... So name the date when we can see together how hewill do it again at least 2 days in a row live.
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My friend I talked about makes a reasonable amount of profit than even myself even as a beginner in crypto. Do not tag it as huge please, just a boy appreciating his small earnings 😂😂😂 huge sounds too sophisticated for me please, but all I’m saying is I get something to add to my pulse through the tradings.
You said "HUGE" profits earlier, not "reasonable" profits or "small earnings". I'll be looking at those profits based on a percentage of trading caps, so don't worry that I can't tell the difference between HUGE, reasonable or small, and please stay consistent with the initial storyline. Lately exchanges has been trying to integrate everyone within the crypto space with an opportunity to make profit. There are introduction of different features that can enhance user’s profitability such as copy trading, flexible savings, staking, Launchpad and the likes. Now AI bot has been introduced into some CEX where users have opportunity to trade with bot. In some cases bot are very smart regardless of the volatility of the market. Trading with both is just like trading smarter because you’ve got no reason to stress yourself.
Also there are exchanges that offers loss protection on their bot, users get loss protection fund in any situation of loss. This might be an opportunity to explore.
Let me know your view regarding the trading bot and if you know any exchange with such feature yet also with loss protection fund on users loss.
Also there are exchanges that offers loss protection on their bot, users get loss protection fund in any situation of loss. This might be an opportunity to explore.
Let me know your view regarding the trading bot and if you know any exchange with such feature yet also with loss protection fund on users loss.
A.I hype is just getting started i guess, but for me to make use of any bot is off my league, i rather master my own strategy than have hope that some sort of A.I bot will handle my trades for me. And come to think of all this A.I hype have we seat to think about the disadvantages they carry or we are just overwhelmed with the performance for now.
Before using the trading bot, make sure that the trading bot does not run on its own intelligence. The trending bot basically operates according to certain systems. According to the volatility of the market, sometimes the trading bot gives the right direction, but most of the time the trading bot gives the wrong direction, as a result of which less people can achieve success in trading using the trading bot. In the case of trading, one should never rely on such a system, manual trading using one's own intelligence is the best way to trade.
I'm not sure if really the CEXs are introducing or like opening a feature on this, but mostly I've noticed it is the traders that are really making their own bot or purchasing it from others, as I've not known that those CEX are having it, and how do they do it, meaning it works the same algorithm as others because making a bot needs a set of procedures. Therefore, most of those traders that make their own bot customize it to their own strategy and style; they just automate it.
I think you’re getting it, they customize it to the strategy that suits a proper technical analysis.
Definitely i can share my trading history with you. Do not compare someone who is always careful with someone who trades to get the whole world, that’s where greed comes in.
a friend of mine who is not up to my standard in technical analysis has been making huge profit daily with AI bot trading just because he has the mind to take risk and use AI bot.
Proof?Can your friend do it again live?
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Yes he still trade whenever he need money.
Sounds too easy, you don't have this reality, do you? And yeah, neither are any truly big-making tradingAI users going out in public to make such stories, unless they're just having a covert "operation".
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I don’t make huge profit actually as I said, I do my DD I’m not greedy so the little I see is enough for me. My friend I talked about makes a reasonable amount of profit than even myself even as a beginner in crypto. Do not tag it as huge please, just a boy appreciating his small earnings 😂😂😂 huge sounds too sophisticated for me please, but all I’m saying is I get something to add to my pulse through the tradings.
I'm not sure if really the CEXs are introducing or like opening a feature on this, but mostly I've noticed it is the traders that are really making their own bot or purchasing it from others, as I've not known that those CEX are having it, and how do they do it, meaning it works the same algorithm as others because making a bot needs a set of procedures. Therefore, most of those traders that make their own bot customize it to their own strategy and style; they just automate it.
so far have been hitting profits
Proof?a friend of mine who is not up to my standard in technical analysis has been making huge profit daily with AI bot trading just because he has the mind to take risk and use AI bot.
Proof?Can your friend do it again live?
Sounds too easy, you don't have this reality, do you? And yeah, neither are any truly big-making tradingAI users going out in public to make such stories, unless they're just having a covert "operation".
Lately exchanges has been trying to integrate everyone within the crypto space with an opportunity to make profit. There are introduction of different features that can enhance user’s profitability such as copy trading, flexible savings, staking, Launchpad and the likes. Now AI bot has been introduced into some CEX where users have opportunity to trade with bot. In some cases bot are very smart regardless of the volatility of the market. Trading with both is just like trading smarter because you’ve got no reason to stress yourself.
It was only a matter of time...but what should be done, is the conditions that the AI bot is using should be open-sourced...otherwise, how do we know what exactly the AI is programmed to do? If you aren't controlling it eithef, then what isbthe actual action for the user - just investing in the AI bot pool? I have to read more about this...
Yea that’s actually a good view, have tried it couple of time and I believe the AI work with the normal technical analysis of the market, once the market do not change direction as a result of news, rumors, human actions generally, that means the AI will be on good profit side. I might get you some link if you wish. Also you can check on Bitget website.
Also there are exchanges that offers loss protection on their bot, users get loss protection fund in any situation of loss. This might be an opportunity to explore.
Loss protection? So then, what is the risk of using the not? If it's too good to be true, it probably is. I am sure there'd be some kind of string attached to this benefit.
Currently the loss protection is just 100 USDT, and there are requirements for you to get it.
Let me know your view regarding the trading bot and if you know any exchange with such feature yet also with loss protection fund on users loss.
lDoesn't sound like a viable business model for the exchange and the whole thing doesn't make a lot of economic sense. Yet again, I haven't seen it in practice yet.
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Actually the exchange won’t pay all the loss, have not hit loss so have not been given such but it’s just 100 USDT.
Lately exchanges has been trying to integrate everyone within the crypto space with an opportunity to make profit.
Maybe the newbies in cryptocurrency can get freaked of their moves in such manners, this is their first time to experience them making claims on profitability.
There are introduction of different features that can enhance user’s profitability such as copy trading, flexible savings, staking, Launchpad and the likes.
Exchanges do not need to advertise trading features for people to use, traders are aware of them all, beginners are those that needed more information on that and those that best fit in making such adverts are the crypto influencers, exchanges will rather be busy updating you on the newly introduced digital currencies so you could invest
Also there are exchanges that offers loss protection on their bot, users get loss protection fund in any situation of loss. This might be an opportunity to explore.
There's nothing called opportunity there, exchanges cannot introduce you with what will make them loose over you while you're winning, they are their to make money even at your expense.
To me I see it as a opportunity in a way because it integrates even the crypto novice into the profit making aspect of the crypto space, a friend of mine who is not up to my standard in technical analysis has been making huge profit daily with AI bot trading just because he has the mind to take risk and use AI bot. So it’s an opportunity for people who doesn’t even know how to trade.
Let me know your view regarding the trading bot and if you know any exchange with such feature yet also with loss protection fund on users loss.
I will advise you DYOR, there's nothing like you making your findings and deciding for yourself, everything takes risk when it comes to trading, this post should be on trading discussion board please.
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It’s now on trading discussion.
An AI trading bot might not work, or else there would be no more losers in trading if everyone used an AI trading bot. Regardless of the style of trading, the trading sites would still make money, as more traders using trading bots would lead to more transactions and, consequently, more fees collected by the site.
Personally, I believe that no AI, robot, or similar technology can guarantee success in a volatile market because any sudden news or speculation can have a significant impact on the market within seconds. No AI would be able to stay that updated and respond quickly enough to such rapidly changing conditions.
Personally, I believe that no AI, robot, or similar technology can guarantee success in a volatile market because any sudden news or speculation can have a significant impact on the market within seconds. No AI would be able to stay that updated and respond quickly enough to such rapidly changing conditions.
Trading bots can't do better than human in traders using these bots are still making great loss in trading. If you are using AI for trading and everyone is using AI and we say that this AI helps in trading. This means that nobody will run at loss and who will pay for the profit of the other,because I know that in trading, when I loss,the other person profits and vice versa. Meaning is everyone is using AI,then trading will be done by everyone because it will sure that you will be profitable in trading. It will be a cheat and I don't think that exchanges will key into that. It is better that you learn all the important aspect of trading and come up with your own trading strategy so that you can teach someone else. Using AI will not add anything to your knowledge and experience.
I agree, but the AI of the bot will have an advantage in psychological terms, I mean that it acts strictly according to the prescribed plan and does not give in to emotions, and this is a very important aspect. Also, he cannot forget something, not take into account, miss, and there is no non-working mood or something like that.
You say that when everyone uses AI in trading, everyone will become equal again, but I don’t think that everyone will do this, and if this happens, it will not be very soon, so everyone cannot be in the same conditions.
I agree with you that first of all you need to learn all the important aspect of trading and try to grow day by day and improve your own strategy, it's firstly and maybe more important
AI is way more efficient than humans rn. It can profit from tiny price changes super quickly. Most probably, traders will adopt AI-powered trading soon
If AI proves it's worth that it can generate profit in trades much better than any human traders out there and that the scoreboard for the competition of Human vs AI produces a large gap then maybe that's the time that I'm going to try it out but right now it's too risky for me to use AI when trading, yes it's a time saver but I don't think that me losing a lot because there's some discrepancy in how the AI traded is a good trade for me.I have a neutral opinion when it comes to trading bots, there's no trend of their usage yet meaning that it's not yet a good time to get in if you're not a good trader yourself because it's likely programmed in a way that it imitates human trading but at an upgraded level. Maybe when a lot of people are already showing results that are positive, that's probably the time that I would try it out.
AI trading might be gaining traction recently but it has been in existence before now, although it was only offered by some group of companies. I feel more comfortable using it on credible CEXes, and I guess people feel more comfortable too using them in CEXes, hence the increased adoption.
Really? So, Since CEXs are already adopting this AI Trading, Maybe I will use it then. I also came across one on Bitget with 100 USDT loss protection fund. I will try the it own as there is a protection fund for it. Yea it’s okay to try it out and I will advice you DYOR, have equally been using it too and it’s been good so far.
Lately exchanges has been trying to integrate everyone within the crypto space with an opportunity to make profit.
Maybe the newbies in cryptocurrency can get freaked of their moves in such manners, this is their first time to experience them making claims on profitability.
There are introduction of different features that can enhance user’s profitability such as copy trading, flexible savings, staking, Launchpad and the likes.
Exchanges do not need to advertise trading features for people to use, traders are aware of them all, beginners are those that needed more information on that and those that best fit in making such adverts are the crypto influencers, exchanges will rather be busy updating you on the newly introduced digital currencies so you could invest
Also there are exchanges that offers loss protection on their bot, users get loss protection fund in any situation of loss. This might be an opportunity to explore.
There's nothing called opportunity there, exchanges cannot introduce you with what will make them loose over you while you're winning, they are their to make money even at your expense.
Let me know your view regarding the trading bot and if you know any exchange with such feature yet also with loss protection fund on users loss.
I will advise you DYOR, there's nothing like you making your findings and deciding for yourself, everything takes risk when it comes to trading, this post should be on trading discussion board please.
Always DYOR, exchanges can’t get you freaked by any new feature wether it’s been advertised or not, I believe AI bot trading is more efficient on CEX but be careful on which CEX to use.
I believe that this bot is the future of both trade and the world as a whole. As for trading, the lack of emotions and the ability to calmly analyze data are the main advantages of this product. There are things that can be attributed to the minuses of the bot, such as setting, program, some technical points, but in general, I think this is a fairly effective thing. I can’t say which is better a bot or a person, each has its own strengths, but I’m sure that it will be used
AI is way more efficient than humans rn. It can profit from tiny price changes super quickly. Most probably, traders will adopt AI-powered trading soon
We already have alot of users here who are already trading with AI and there have been alot of sucesss recorded within the apace of time and we all are glad about rhat, but just like casinos have prevented the usage of bots or other nonhuman activities, but CEX has indeed been a major player in AI transaction and trading.If all things continue to be equal, AI will continue to be profitable on CEX more than on casinos even though both of them are looking for ways to get his money too
Actually the major reason why I never wanted to trade with AI bot trading then is because it wasn’t available on most CEXs then, it seems like a Ponzi pattern on some website I can only trust it on CEX. I started trading with the AI bot when Bitget started it, so far have been hitting profits and have not been greedy too😂 because greediness is what kills sometimes, I try to take profit once I reach my target.
BOTs always depend on the programming that is done, there is nothing new there, not all the bots that operate in the exchanges use AI, really important is that, also in small letters they tell you "be careful you can lose all your funds". If you operate with AI is not a result of not losing money.
You’re quite on point with your assertion, actually some CEXs have trading bot that uses AI, just like the Bitget AI trading bot. Also one thing we should know is AI is more efficient in Technical Analysis (TA) than human being. The only part where AI might be weak is that of financial analysis due to occurrence such as news, rumor and all which may cause the market to change direction of which does not happen often. Most time trading is based on Technical analysis of which AI is very perfect with it. Have traded with AI for complete one week with no single loss. Some exchange equally offers loss protection fund incase of any loss. Also do not be greedy once your AI hit your determine profit make sure you do the needful by being contented.
AI trading might be gaining traction recently but it has been in existence before now, although it was only offered by some group of companies. I feel more comfortable using it on credible CEXes, and I guess people feel more comfortable too using them in CEXes, hence the increased adoption.
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Yea it’s been in existence actually but I guess many people are scared to use it because it hasn’t been adopted by CEXs just some few registered companies were trading bot then, but now you can check for CEXs because it’s now available there as well.
AI is way more efficient than humans rn. It can profit from tiny price changes super quickly. Most probably, traders will adopt AI-powered trading soon
I will agree with you to the fact that AI will be very good at the technical analysis only few cases where financial analysis change the way market moves. Have actually tried it on Bitget couple of time and it went well.
Trading bots can't do better than human in traders using these bots are still making great loss in trading. If you are using AI for trading and everyone is using AI and we say that this AI helps in trading. This means that nobody will run at loss and who will pay for the profit of the other,because I know that in trading, when I loss,the other person profits and vice versa. Meaning is everyone is using AI,then trading will be done by everyone because it will sure that you will be profitable in trading. It will be a cheat and I don't think that exchanges will key into that. It is better that you learn all the important aspect of trading and come up with your own trading strategy so that you can teach someone else. Using AI will not add anything to your knowledge and experience.
There are many reasons why I don't see the use of bots as a good way to trade even though the company tried to give out loss protection funds for those people that could become a victim of loses. We need to understand what the word loss protection really means because it is not that the company is going to pay the victim everything they have lose but they will be compensated which might not be uoto 30% of there loses.
In case where the user had made a lot of profits using the bot and suddenly started making loses, no loss protection will be offer to him because he is still in the winning team since the overall profits are more than the overall loses. A little bit complicated for me and for someone that had made us of bot before, I am still searching for bot that does not incur loses for longer time.
In case where the user had made a lot of profits using the bot and suddenly started making loses, no loss protection will be offer to him because he is still in the winning team since the overall profits are more than the overall loses. A little bit complicated for me and for someone that had made us of bot before, I am still searching for bot that does not incur loses for longer time.
Haha Seems like today is my bad.. Becasue I'm encountering repetitive topics today, The Op's topic and the best in my knowledge with maximum possibilities are already covered in a similar sort of topic just a week ago I think. Ai trading Bot with customs requirements are still far away from our reach what we are currently getting is not proper Ai trading bots they are just smart trading bots, not Ai based, besides a few exceptions which are not in my knowledge.
Does Decentralization Geeks also Trade using AI?
Does Decentralization Geeks also Trade using AI?
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About some years ago, I think there were really no much of features on some brokers or exchange to help traders maximise more profits in trading, but lately more features have been added which I can agree that the traders make more profit now than in the past five or six years ago, but i don't think it has yet been exterblish anywhere that trading bots or AI are doing better than human traders, believe me if trading bot or AI becomes as smart as you, OP and @ananyabushra have discribed, then every traders would've been making some good deal of profit and if it happens like that, then almost every crypto enthusiast would want to engage in trading because they know that trading bots and AI would enable them to make more profit since they are not the one trading.
For the new trading features that have been added to some trading platforms, that's also a strategy for those platforms. Those new features help to bring in more traders and trap them with the hope that they can now be more profitable in trading, while they (those brokers) can still earn more profit as more traders keep trading.
For the new trading features that have been added to some trading platforms, that's also a strategy for those platforms. Those new features help to bring in more traders and trap them with the hope that they can now be more profitable in trading, while they (those brokers) can still earn more profit as more traders keep trading.
Lately exchanges has been trying to integrate everyone within the crypto space with an opportunity to make profit. There are introduction of different features that can enhance user’s profitability such as copy trading, flexible savings, staking, Launchpad and the likes. Now AI bot has been introduced into some CEX where users have opportunity to trade with bot. In some cases bot are very smart regardless of the volatility of the market. Trading with both is just like trading smarter because you’ve got no reason to stress yourself.
It was only a matter of time...but what should be done, is the conditions that the AI bot is using should be open-sourced...otherwise, how do we know what exactly the AI is programmed to do? If you aren't controlling it either, then what is the actual action for the user - just investing in the AI bot pool? I have to read more about this...
Also there are exchanges that offers loss protection on their bot, users get loss protection fund in any situation of loss. This might be an opportunity to explore.
Loss protection? So then, what is the risk of using the not? If it's too good to be true, it probably is. I am sure there'd be some kind of string attached to this benefit.
Let me know your view regarding the trading bot and if you know any exchange with such feature yet also with loss protection fund on users loss.
Doesn't sound like a viable business model for the exchange and the whole thing doesn't make a lot of economic sense. Yet again, I haven't seen it in practice yet. 
Lately exchanges has been trying to integrate everyone within the crypto space with an opportunity to make profit.
Maybe the newbies in cryptocurrency can get freaked of their moves in such manners, this is their first time to experience them making claims on profitability.
There are introduction of different features that can enhance user’s profitability such as copy trading, flexible savings, staking, Launchpad and the likes.
Exchanges do not need to advertise trading features for people to use, traders are aware of them all, beginners are those that needed more information on that and those that best fit in making such adverts are the crypto influencers, exchanges will rather be busy updating you on the newly introduced digital currencies so you could invest
Also there are exchanges that offers loss protection on their bot, users get loss protection fund in any situation of loss. This might be an opportunity to explore.
There's nothing called opportunity there, exchanges cannot introduce you with what will make them loose over you while you're winning, they are their to make money even at your expense.
Let me know your view regarding the trading bot and if you know any exchange with such feature yet also with loss protection fund on users loss.
I will advise you DYOR, there's nothing like you making your findings and deciding for yourself, everything takes risk when it comes to trading, this post should be on trading discussion board please.
AI is way more efficient than humans rn. It can profit from tiny price changes super quickly. Most probably, traders will adopt AI-powered trading soon
We already have alot of users here who are already trading with AI and there have been alot of sucesss recorded within the apace of time and we all are glad about rhat, but just like casinos have prevented the usage of bots or other nonhuman activities, but CEX has indeed been a major player in AI transaction and trading.If all things continue to be equal, AI will continue to be profitable on CEX more than on casinos even though both of them are looking for ways to get his money too
BOTs always depend on the programming that is done, there is nothing new there, not all the bots that operate in the exchanges use AI, really important is that, also in small letters they tell you "be careful you can lose all your funds". If you operate with AI is not a result of not losing money.
AI trading might be gaining traction recently but it has been in existence before now, although it was only offered by some group of companies. I feel more comfortable using it on credible CEXes, and I guess people feel more comfortable too using them in CEXes, hence the increased adoption.
Really? So, Since CEXs are already adopting this AI Trading, Maybe I will use it then. I also came across one on Bitget with 100 USDT loss protection fund. I will try the it own as there is a protection fund for it.
AI trading might be gaining traction recently but it has been in existence before now, although it was only offered by some group of companies. I feel more comfortable using it on credible CEXes, and I guess people feel more comfortable too using them in CEXes, hence the increased adoption.
.
.
AI is way more efficient than humans rn. It can profit from tiny price changes super quickly. Most probably, traders will adopt AI-powered trading soon
Lately exchanges has been trying to integrate everyone within the crypto space with an opportunity to make profit. There are introduction of different features that can enhance user’s profitability such as copy trading, flexible savings, staking, Launchpad and the likes. Now AI bot has been introduced into some CEX where users have opportunity to trade with bot. In some cases bot are very smart regardless of the volatility of the market. Trading with both is just like trading smarter because you’ve got no reason to stress yourself.
Also there are exchanges that offers loss protection on their bot, users get loss protection fund in any situation of loss. This might be an opportunity to explore.
Let me know your view regarding the trading bot and if you know any exchange with such feature yet also with loss protection fund on users loss.
Also there are exchanges that offers loss protection on their bot, users get loss protection fund in any situation of loss. This might be an opportunity to explore.
Let me know your view regarding the trading bot and if you know any exchange with such feature yet also with loss protection fund on users loss.
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