If you can create an AI tool yourself or forget AI just a bot yourself which can automatically do trades based on criteria you had fed then there is nothing better than that for sure. But if you are buying some cheap third party bot for trading or even third party AI for trading then it's definitely not worth it. Even if it gives you good profits for sometime eventual result would not be something that you would want. So obviously don't go with AI or bots.
Topic: Which is more profiting self trade or AI - page 3. (Read 931 times)
If you can create an AI tool yourself or forget AI just a bot yourself which can automatically do trades based on criteria you had fed then there is nothing better than that for sure. But if you are buying some cheap third party bot for trading or even third party AI for trading then it's definitely not worth it. Even if it gives you good profits for sometime eventual result would not be something that you would want. So obviously don't go with AI or bots.
Lately, there has been some development here in the integration of AI in trading on some stock assets and cryptocurrencies, and to a large instead, AI has ground in acting and executing trades and recording profits, but it has not been for long so as we can't tell what the success rate will be, but for the fact that the reality on the ground has shown and proven their existence in trading stock, so as that which one will you prefer if AI is proven to be effective.
Will you prefer to trade with AI or you prefer to do the trading yourself?
Will you prefer to trade with AI or you prefer to do the trading yourself?
At the moment am doing it my self, most of all this developments of A.I coming in ain't free and just me not everyone can afford it, even if its free there are some disadvantages that wont be noticed at first approach but as time goes on.
Let's not look at the present benefits we may got served with the use of AI while trading, they may not be a lasting solution because when used, it makes us perform less functions and the bot used may not be hundred percent effective for a long duration, which means there's no complete perfection with the use of AI in some certain aspects of bitcoin trading, we can always engage our own trades and use the AI where necessary, I can't rely on the use of AI as well because i need to always get myself engage on practical trades.
Artificial intelligence has made its presence known in almost every sector these days. AI is now playing an important role in education, medicine, economy, industry at every level. Its widespread use has also started in the trading world. An investor now prefers AI for trading. AI trading tool can get the necessary information and data for a trade in seconds, making it much easier to understand the trend along with AI prediction.
A person can take any decision based on various past facts and data. But when there is a combination of things, it is impossible for one person to keep everything in memory and apply it. So I think AI is now playing an important role in most of the fields these days. As such I am sometimes encouraged to trade by AI rather than doing my own trading.
By that logic we can just use any trading bot that we have been using so far and give it all the information and that can do it as well. There isn't really any like situation where you need to end up with a solution, it just doesn't work anymore.A person can take any decision based on various past facts and data. But when there is a combination of things, it is impossible for one person to keep everything in memory and apply it. So I think AI is now playing an important role in most of the fields these days. As such I am sometimes encouraged to trade by AI rather than doing my own trading.
I feel like it's not going to be something to care about and it's going to end up with something that will matter. Think about it, what's the difference between AI and that trading bot on that matter. I would see absolutely no changes at all and I believe that I would use trading bots a lot more. Because, trading bots has been around for a long time and they could continue to exist a lot more after AI hype dies down as well. If there is any feature of AI we need, we can just add it to existing trading bots.
Lately, there has been some development here in the integration of AI in trading on some stock assets and cryptocurrencies, and to a large instead, AI has ground in acting and executing trades and recording profits, but it has not been for long so as we can't tell what the success rate will be, but for the fact that the reality on the ground has shown and proven their existence in trading stock, so as that which one will you prefer if AI is proven to be effective.
Will you prefer to trade with AI or you prefer to do the trading yourself?
Will you prefer to trade with AI or you prefer to do the trading yourself?
At the moment am doing it my self, most of all this developments of A.I coming in ain't free and just me not everyone can afford it, even if its free there are some disadvantages that wont be noticed at first approach but as time goes on.
Artificial intelligence has made its presence known in almost every sector these days. AI is now playing an important role in education, medicine, economy, industry at every level. Its widespread use has also started in the trading world. An investor now prefers AI for trading. AI trading tool can get the necessary information and data for a trade in seconds, making it much easier to understand the trend along with AI prediction.
A person can take any decision based on various past facts and data. But when there is a combination of things, it is impossible for one person to keep everything in memory and apply it. So I think AI is now playing an important role in most of the fields these days. As such I am sometimes encouraged to trade by AI rather than doing my own trading.
AI can be good in some areas as you have mentioned but this technology had never been programmed to analyze the market and do forecasting. That is why we have to separate trading as AI doesn't certainly work for this unless we know what will happen next. It was not necessary that we not use AI in trading but can be in some limited options and we want to succeed, I tell you that AI can't help you there, it was you and your skills could bring it there. A person can take any decision based on various past facts and data. But when there is a combination of things, it is impossible for one person to keep everything in memory and apply it. So I think AI is now playing an important role in most of the fields these days. As such I am sometimes encouraged to trade by AI rather than doing my own trading.
Lately, there has been some development here in the integration of AI in trading on some stock assets and cryptocurrencies, and to a large instead, AI has ground in acting and executing trades and recording profits, but it has not been for long so as we can't tell what the success rate will be, but for the fact that the reality on the ground has shown and proven their existence in trading stock, so as that which one will you prefer if AI is proven to be effective.
Will you prefer to trade with AI or you prefer to do the trading yourself?
Will you prefer to trade with AI or you prefer to do the trading yourself?
I can't use AI for trading because the benefits of using AI is only for making profits and not improving on your trade from your experience. Manually trading makes it possible to learn from your mistakes and add to your knowledge but AI doesn't give all those benefits. Also AI can't be correct all the time so you can make mistakes and when that happens you gain nothing from the mistakes that you made because you're not the one trading but a robot is the one trading.
Trading isn't difficult if you spend time learning before you decide to start chasing making money from it but many new traders don't want to learn that's why they're using AI for trading. In a situation the AI fails you, what will you do when you have no personal life experience.
Lately, there has been some development here in the integration of AI in trading on some stock assets and cryptocurrencies, and to a large instead, AI has ground in acting and executing trades and recording profits, but it has not been for long so as we can't tell what the success rate will be, but for the fact that the reality on the ground has shown and proven their existence in trading stock, so as that which one will you prefer if AI is proven to be effective.
Will you prefer to trade with AI or you prefer to do the trading yourself?
Will you prefer to trade with AI or you prefer to do the trading yourself?
I don't think AI would be that reliable like one's analysis of their predictions. AI may gather or generate information on such programmed indicators like RSI, Volume, Macd, and Moving Averages, BUT it won't be timely. You see prices of BTC are highly correlated with news releases and correlation with other assets.
I may find AI analysis but not solely rely on it. I will still make my own mind of what trades to take in every trading day session.
Artificial intelligence has made its presence known in almost every sector these days. AI is now playing an important role in education, medicine, economy, industry at every level. Its widespread use has also started in the trading world. An investor now prefers AI for trading. AI trading tool can get the necessary information and data for a trade in seconds, making it much easier to understand the trend along with AI prediction.
A person can take any decision based on various past facts and data. But when there is a combination of things, it is impossible for one person to keep everything in memory and apply it. So I think AI is now playing an important role in most of the fields these days. As such I am sometimes encouraged to trade by AI rather than doing my own trading.
A person can take any decision based on various past facts and data. But when there is a combination of things, it is impossible for one person to keep everything in memory and apply it. So I think AI is now playing an important role in most of the fields these days. As such I am sometimes encouraged to trade by AI rather than doing my own trading.
Will you prefer to trade with AI or you prefer to do the trading yourself?
In general, I'm not one to depend on robot to trade for me because I feel anything can go wrong in the code and the robot begins to malfunction and blow my account. I like doing it manually, and when I don't have the time for it I steer clear off trading. Although I've read so many nice stories about bots doing great executions, especially doing ICOs in the early days when it was really hard getting orders filled, I still believe nothing is better than human touch.In the present time I've also read about bots picking up profits immediately liquidity is provided for new projects and before those rogues amongst them rugpull. Well, maybe AI can work well in purely technical analysis controlled market like Indices but I don't think it will do well in Forex trading with its mixed analysis of technical and fundamental. The simple truth is that AIs don't have emotions and are likely to miss out whatever implications FA will push out.
Lately, there has been some development here in the integration of AI in trading on some stock assets and cryptocurrencies, and to a large instead, AI has ground in acting and executing trades and recording profits, but it has not been for long so as we can't tell what the success rate will be, but for the fact that the reality on the ground has shown and proven their existence in trading stock, so as that which one will you prefer if AI is proven to be effective.
Will you prefer to trade with AI or you prefer to do the trading yourself?
An artificial intelligence AI cannot give you what you want because is man made and a mand is not something we can depend on, because it have disadvantages, do you know some of this bot have a specific profit they can make daily and so many of them is under subscription and without the subscription they cannot function effectively, so since it have a lot of conditions that is been attached to it and besides it will not q cogent profit, I think it's better for me to make use of manual and trade, when you learn trading very well and know what you are doing you will like to use manual than using an artificial intelligent for your trading, actually trading is a skill and its good for whosoever that is in trading to have the experience and practice with what he or her have learnt so far in trading, I believe that trading need more of concentration if really you want to make profit you don't want your lose to be higher than your gain you have to concentrate on the rules and regulations or steps that triggers to overcome loses. In summary I usually encourage people to tradeon their own than using an artificial intelligent to trade. Will you prefer to trade with AI or you prefer to do the trading yourself?
If AI gives 100% success results then definitely all will prefer using AI for the trades. But we know this isn’t possible. So yes self-trading is appropriate for making less loss and good profits. AI could be helpful for gathering information about the coins and the market but completely auto trading using AI is not recommended. I mean who wants to rely on AI when it comes about money? If due to the ETA, your money went into loss, you can’t make anyone liable for this. So yes currently at this stage, self-trading is good.
That is true with AI but then the success ratio of an AI is higher than that of self-trading but then also we have to consider some other factors such as the profits sharing because most of the exchanges that offer AI trading charges exorbitant percentage and the trader doesn't hold the profits in 100% since some percentages go to the AI developers and also to your upline, this system can't work but the profits merging is good enough for a trader to consider it. I have never been a fan of the bot trading system, how much more AI. Its not like I don't have deep respect and regard for the technology, I believe the technology is only most efficient for expected outcomes and not outcomes that can create new pathways. Trading has fundamentals which in some cases are not anticipated and therefore the trends created are new and unexpected, in such cases, it will be disastrous to have a system that can't make rational decisions handle your priceless assets. It's a no for me.
That was your opinion and seems you're right. Though some traders are using AI for trials, many were still confident about doing trading by themselves, and so do I. Yes, we never believe that a technology like AI would surpass the ability that we have when it talks about trading. Of course, we can say that they are emotionless and have no feeling unlike us human being which certainly affects our decision making but thinking that this technology just rely on our command, whatever they do is still what we did personally. If we fail, this AI will still fail the same.
I never trade by using AI, so far I trade with my own way. I think it will be more effective by trading my self, using AI can be more complicated. In my opinion, using AI for trading seems not really effectively because trading needs a deep analysis that can be done by human only. Crypto market is also very unpredictable, it can change in a short time. That's why it is difficult to rely on AI for trading job. I think AI is more effective to use in a job that relatively quite static, it is not to use in a dynamic job like trading.
If AI gives 100% success results then definitely all will prefer using AI for the trades. But we know this isn’t possible.
Of course, if AI can guarantee the profits, everyone must prefer trading with AI. However, it is unlikely realistic for now, there are sill many limitation in AI. The capability of AI won't be as well as human, it is just a tool to ease human jobs. It is not the tool to succeed the human jobs.hero member
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If AI gives 100% success results then definitely all will prefer using AI for the trades. But we know this isn’t possible. So yes self-trading is appropriate for making less loss and good profits. AI could be helpful for gathering information about the coins and the market but completely auto trading using AI is not recommended. I mean who wants to rely on AI when it comes about money. If due to the ETA, your money went into loss, you can’t make any one liable for this. So yes currently at this stage, self trading is good.
exactly. Also, if AI traders gave 100% success in trading, then every crypto user would definitely be trading using AI because they knew they would never encounter losses but rather make more profit. Everybody is looking for a way to make a good income, and if Trading AI was more profit-generating than a normal trader, then I believe that every individual on earth would want to be trading and generating income for themselves. Although some people believe that there are chances that AI can be modified with high technology so that it can achieve more success than humans, until it's fully proven otherwise, I will not agree to it.
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Lately, there has been some development here in the integration of AI in trading on some stock assets and cryptocurrencies, and to a large instead, AI has ground in acting and executing trades and recording profits, but it has not been for long so as we can't tell what the success rate will be, but for the fact that the reality on the ground has shown and proven their existence in trading stock, so as that which one will you prefer if AI is proven to be effective.
Will you prefer to trade with AI or you prefer to do the trading yourself?
AI has been in existed since 1950 when it was published by Alan Turing published and was later introduced to the public in 1956 at the Dartmouth Summer Research Project on Artificial Intelligence but later get public attention after the introduction of ChatGPT and others just like what happened in the metaverse market after Mark Zuckerberg hype it.Will you prefer to trade with AI or you prefer to do the trading yourself?
Having said that, both self and AI trading come with risks. However, the profit of the two forms of trading still depends on self-knowledge.
I have never been a fan of the bot trading system, how much more AI. Its not like I don't have deep respect and regard for the technology, I believe the technology is only most efficient for expected outcomes and not outcomes that can create new pathways. Trading has fundamentals which in some cases are not anticipated and therefore the trends created are new and unexpected, in such cases, it will be disastrous to have a system that can't make rational decisions handle your priceless assets. It's a no for me.
Lately, there has been some development here in the integration of AI in trading on some stock assets and cryptocurrencies, and to a large instead, AI has ground in acting and executing trades and recording profits, but it has not been for long so as we can't tell what the success rate will be, but for the fact that the reality on the ground has shown and proven their existence in trading stock, so as that which one will you prefer if AI is proven to be effective.
Will you prefer to trade with AI or you prefer to do the trading yourself?
Right now, trading yourself would be a better choice than using AI.Will you prefer to trade with AI or you prefer to do the trading yourself?
I mean I'm not using AI or bots specifically back when I was still trading, but with AI slowly developing, and evolving, I believe there will be a time where trading bots will be more profitable than it is today that traders might prefer just using AI rather than just trading by themselves.
As of the moment, I think human trading is still a better option. Learning how to trade yourself is one of the best because if you are making money thru trading, it can be your skill, and at the same time you can earn money from it, but time will tell knowing that AI is evolving as the months, and years goes by. I will not be surprised if there will be a bot that's more profitable than what it is currently. An AI bot that can predict the future with a high accuracy rate.
One of the greatest weakness of traders is emotion; human emotion always interfere with our judgement, this is why traders loose while using even a winning strategy. So I believe if AI is well trained on a proven winning strategy, the aspect of emotion will be eliminated and the result will be far better than human managing the trade.
The major challenge is that AI have not been proven to be adaptive as the market in itself changes over time. In all, suitability is the key as everyone will opt for what best work for them.
The major challenge is that AI have not been proven to be adaptive as the market in itself changes over time. In all, suitability is the key as everyone will opt for what best work for them.
Yes true that emotions are the big enemy of one's success and because of these emotions one cannot make true and correct decision. While that of AI is not dependent on emotions and the features of emotion is not present in this technology.
It is the ability of humans that if they loss trader then they follow their emotions instead of learning about their weak points so because of this they convert the activities of trading into gambling. While that of AI which just completed the command so they don't think about their success and loss.
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Will you prefer to trade with AI or you prefer to do the trading yourself?
Why not do a hybrid? Like sometimes try to seek some help from AI.Will you prefer to trade with AI or you prefer to do the trading yourself?
For me, there's nothing wrong with AI, as long as you are learning and properly using it.
Use AI and make sure everytime you use it, you know what you are doing because on that time, you will learn something and you can apply it nextime
If AI gives 100% success results then definitely all will prefer using AI for the trades. But we know this isn’t possible. So yes self-trading is appropriate for making less loss and good profits. AI could be helpful for gathering information about the coins and the market but completely auto trading using AI is not recommended. I mean who wants to rely on AI when it comes about money. If due to the ETA, your money went into loss, you can’t make any one liable for this. So yes currently at this stage, self trading is good.
Self trading is human trading and therefore one should know that human trading will be more profitable as a skillful human being can take better trades and judge a market in which bots do not have the ability. One of the examples can be that bots are only based on certain parameters and they cannot observe any fundamental changes in the coin or overall crypto market.
Usually, we have to pay for an AI tool to do the bot trading and if there was no flaw in the AI trading, everyone would have invested in this to get money without doing any efforts, but this statement is far from the reality.
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