Should we trust cryptocurrency platforms based on AI?

[Bitcoin_people]

If you take the advice of trading with more money then of course you are making a good move but there are risks involved. Especially when you go for trading on an AI platform it is at maximum risk and there is always the fear of losing your money. Even if you start trading on a trusted AI trading platform, you will have a lot of fear of losing money. So I think it is better not to trade in AI platforms rather invest the amount of money you trade with it will give you higher returns in future.

[LUCKMCFLY]

If you take the advice of trading with more money then of course you are making a good move but there are risks involved. Especially when you go for trading on an AI platform it is at maximum risk and there is always the fear of losing your money. Even if you start trading on a trusted AI trading platform, you will have a lot of fear of losing money. So I think it is better not to trade in AI platforms rather invest the amount of money you trade with it will give you higher returns in future.

Well things are different when they are with AIs , some are amazed by AIs , and seeing that they are almost the greatest thing, it is not as advanced as we believe, there are many things that have to happen to realize that AI is simply almost a filtered search on the web, now, I have a brother-in-law who could trust AI robots on an AI platform, recently he Asked me to do trading with him and that that would be n to have a lot of Profits , I told him no , that you Couldn't trust that, because they don't Know how they do the analysis to be able to make those movements, so he didn't pay attention to me and continued, a lot eimpole I asked He spent 5 months and told me that he left because what he put in he lost.

And that another neighbor of his had to sell farms, houses, animals like cattle because he got into debt, and it was the only way he could get out of that punch , it was real Faith , even though I told him not to do it , to be careful and not paid attention.

[masudginanjar]

What's your take on crypto tools augmented by AI, like the ones at turingmachineai.com?

Well, I found a Calculator that produced the financial on the website that you have mentioned.
I tried the financial producing calculator with a number like this:
-My Deposite: 2,358 USD
-Duration of Utilization: 10 Days
-...... : 17,180 USD
The number of 17,180 USD is the advantage or what number is this??
Because the main website does not write specifically, this is confusing.

Even more confusing is the cryptocurrency platform which is juxtaposed together with AI, this is dangerous and confused I chose it for trade.

[taufik123]

If you take the advice of trading with more money then of course you are making a good move but there are risks involved. Especially when you go for trading on an AI platform it is at maximum risk and there is always the fear of losing your money. Even if you start trading on a trusted AI trading platform, you will have a lot of fear of losing money. So I think it is better not to trade in AI platforms rather invest the amount of money you trade with it will give you higher returns in future.

If you are afraid of losing money on a trade even if it is an AI trade or not, do not trade.
But just buy Bitcoin and then hold it for the long term, because it will be better for those who can't trade and certainly need extra patience to be able to profit.

Long-term investment will be a good solution instead of having to trade, which requires trading skills and requires stable emotional strength.
Trading AI may be helpful, but it won't be entirely helpful in managing your trades, only partially and just make it easier.

[TopT3ns]

If you take the advice of trading with more money then of course you are making a good move but there are risks involved. Especially when you go for trading on an AI platform it is at maximum risk and there is always the fear of losing your money. Even if you start trading on a trusted AI trading platform, you will have a lot of fear of losing money. So I think it is better not to trade in AI platforms rather invest the amount of money you trade with it will give you higher returns in future.

If you are afraid of losing money on a trade even if it is an AI trade or not, do not trade.
But just buy Bitcoin and then hold it for the long term, because it will be better for those who can't trade and certainly need extra patience to be able to profit.

Long-term investment will be a good solution instead of having to trade, which requires trading skills and requires stable emotional strength.
Trading AI may be helpful, but it won't be entirely helpful in managing your trades, only partially and just make it easier.

To buy Bitcoin, make sure you use money that is not currently in use, meaning it is your savings. If you use money that is currently needed, it will pose a very high risk and will most likely make you depressed when you are trapped at high prices. Trading using a third party or AI is very dangerous because you are using someone else's application while your balance is in that application, which will trigger the application developer to drain your wallet without your knowledge.

[DAMKAR]

If you are afraid of losing money on a trade even if it is an AI trade or not, do not trade.
But just buy Bitcoin and then hold it for the long term, because it will be better for those who can't trade and certainly need extra patience to be able to profit.

Long-term investment will be a good solution instead of having to trade, which requires trading skills and requires stable emotional strength.
Trading AI may be helpful, but it won't be entirely helpful in managing your trades, only partially and just make it easier.

Sure, If we didn't have knowledge and skill in trading, don't be a trader.
As holder is better, just buy and hold.
But It need free money for long time.
But more safe, than do trading without knowledge.

AI application will help us, but not always.
I personally prefer use manually.
Trading need skill and experience.
I don't believe in AI or third party applications.

[Google+]

If you are afraid of losing money on a trade even if it is an AI trade or not, do not trade.
But just buy Bitcoin and then hold it for the long term, because it will be better for those who can't trade and certainly need extra patience to be able to profit.

Long-term investment will be a good solution instead of having to trade, which requires trading skills and requires stable emotional strength.
Trading AI may be helpful, but it won't be entirely helpful in managing your trades, only partially and just make it easier.

Sure, If we didn't have knowledge and skill in trading, don't be a trader.
As holder is better, just buy and hold.
But It need free money for long time.
But more safe, than do trading without knowledge.

AI application will help us, but not always.
I personally prefer use manually.
Trading need skill and experience.
I don't believe in AI or third party applications.

Your preference for manual trading based on skill and experience is valid. Many traders share a similar sentiment, as they value the hands-on approach and decision-making involved in navigating the markets. Trading, indeed, requires a deep understanding of market dynamics, technical analysis, and risk management.

While AI applications can offer assistance by analyzing vast amounts of data quickly, making predictions, and automating certain tasks, they are not foolproof. Human intuition and adaptability play crucial roles in reacting to unforeseen market events.

Ultimately, the choice between manual trading and AI-assisted trading depends on individual preferences, comfort levels, and the desired level of control. It's essential to choose a strategy that aligns with your skills, experience, and risk tolerance.

[Uruhara]

For now, maybe I still don't trust AI-based platforms. Because I think the current AI still needs further development. Because of current AI they even only make decisions based on limited information. Their level of intuition is also still limited so we still can't trust it. It's just that if it is to help with trading and make fundamental analysis such as technical then we can still rely on it. But a trading decision must remain in our hands.

[Learn Bitcoin]

For now, maybe I still don't trust AI-based platforms. Because I think the current AI still needs further development. Because of current AI they even only make decisions based on limited information. Their level of intuition is also still limited so we still can't trust it. It's just that if it is to help with trading and make fundamental analysis such as technical then we can still rely on it. But a trading decision must remain in our hands.

Unfortunately, whoever claims that their AI bot could make a profit for you is just a pure scam. I have posted a couple of times regarding this in this thread. AI cannot predict the future market. No one can. Even AI is worse when it comes to decision-making. There was a time when I refused to believe auto betting on the casinos that place automatic bets on dice games and some other games as well. I thought the auto bet could give me a negative outcome. There are always some controversy regarding the flash bet made on casinos. So, how would you trust a platform that claims that their AI would make profit for you. If it could, why don't they invest million dollar on their AI? so their AI could make money for them. Because it's scam.

[kulkhan]

I think we shouldn’t trust any AI based platform socially cryptocurrency trading. AI is very helpful and important for other side but not for cryptocurrency trading it is my opinion. Because for cryptocurrency trading we have to understand many things and we have to understand market puls. And need active all time. And we have to depend on many effective news so i think for trading AI Doesn't work here properly. Moreover it has big chance to lost our valuable fund. Although AI works sometimes well but not all time. So we should avoid this AI for trading.

[dekafee79]

While AI applications can offer assistance by analyzing vast amounts of data quickly, making predictions, and automating certain tasks, they are not foolproof. Human intuition and adaptability play crucial roles in reacting to unforeseen market events.

Ultimately, the choice between manual trading and AI-assisted trading depends on individual preferences, comfort levels, and the desired level of control. It's essential to choose a strategy that aligns with your skills, experience, and risk tolerance.

I have  asked friends to compare between manual trading and AI assited trading, they said AI is useful.
But manual trading is more comfort.
Yeah, I think depends on ourselves.
If we comfort in manual, we can use it.
I want to try AI application, maybe later...

[Dr.Bitcoin_Strange]

What's your take on crypto tools augmented by AI, like the ones at turingmachineai.com? Many platforms emphasize user-friendly investment methods and standout features. If it's so straightforward, why isn't the adoption rate higher? Having gone through various reviews, I have reservations about their genuineness. Are they reliable?

Your question here quite prived you to the answer to this thread. Each time I hear about this AI-related stuff in cryptocurrency, I usually ask how efficient it is, and if it's very efficient, there should be hype about it. Good things don't hide in the crypto space. For example, if an AI gets developed today and is very efficient in generating more profit than humans, it would not take up to a week for the hype to start, and before long, the news would be all over.

I have not heard about the platform you mentioned, but I don't think it will be any different from other CX and brokers with some help from AI. For me, I will use AI when it becomes better than humans.

[pacar_tiri]

Your question here quite prived you to the answer to this thread. Each time I hear about this AI-related stuff in cryptocurrency, I usually ask how efficient it is, and if it's very efficient, there should be hype about it. Good things don't hide in the crypto space. For example, if an AI gets developed today and is very efficient in generating more profit than humans, it would not take up to a week for the hype to start, and before long, the news would be all over.
~.

The main advantage of AI lies in its ability to process and analyze data very quickly. This can enable AI to detect market patterns and opportunities more efficiently than humans. The use of automated trading algorithms by AI systems can enable instant trade execution based on specific market parameters and conditions. This can result in a quicker response to market changes.

AI can provide decision support by thoroughly analyzing market data and providing trading or investment recommendations based on predetermined parameters. AI systems integrated with risk management algorithms can help reduce risks and maximize potential profits automatically. AI can be designed to respond quickly to news and significant market events, enabling more adaptive and rapid decision making.

[Captain Corporate]

This is basically a bit about "should we trust AI or not?" as well. If you do trust AI in other stuff, not trusting it at crypto would be weird, if you do not trust it in other stuff, trusting at crypto would be weird. Some people already started using it in many stuff, we are all aware of the images, and a bit of text, but rest is not known just yet, so we can't really end up guessing who is great at it and who is not. A friend of mine working with AI for a month now, and he hasn't improved much, so its not for everyone. If you are a person who uses AI every day, your answer would be different from someone who never used it, or just tried it once or twice.

[IyemRoker]

For now, maybe I still don't trust AI-based platforms. Because I think the current AI still needs further development.

My view is on "further development", here too we can see that this AI still has many errors, bugs or errors.
This is really surprising if we continue to focus on AI but without looking at "further development", just like we want to race a car and want to win but the car engine is not upgraded.
Cryptocurrency trading with AI is also already dangerous because it can cause loss of control, especially since the AI is still in "further development", this is a serious problem and I do not recommend it.