Crypto Trading with AI: Good or Not?

[Bobcrypto]

AI in trading, how it differs from the previous trading bots? I guess none? It is just called now AI with words like new algo, analyze for you, can adapt, and much complex.

Well, at the end of the day it is still too hard to speculate and adapt trading strategies in a more volatile assets like bitcoin and crypto. Better to get knowledgeable and acquired skills in trading than relying on these things for much better results.

I have thought about the difference between trading bot and AI trading, i think they are the same just an upgrade of trading bot in my opinion. With my little experiences on trading Bot, it was not better than trading with my skills and experiences, in fact, trading bot and AI may be irrelevant to normal trading because i think that AI can still suffer losses.
I think it is far better to trade with personal skills to acquire the necessary experiences than AI or bot trading.

[PX-Z]

I have thought about the difference between trading bot and AI trading, i think they are the same just an upgrade of trading bot in my opinion. With my little experiences on trading Bot, it was not better than trading with my skills and experiences, in fact, trading bot and AI may be irrelevant to normal trading because i think that AI can still suffer losses.
I think it is far better to trade with personal skills to acquire the necessary experiences than AI or bot trading.

Yes, AI trading is sound like an upgrade to trading bot, and it doesn't have any guarantee to get profit when using this two as well. Relying with own skill, knowledge and instinct probably will have much better result compare using tools.

[BitMaxz]

Yes, AI trading is sound like an upgrade to trading bot, and it doesn't have any guarantee to get profit when using this two as well. Relying with own skill, knowledge and instinct probably will have much better result compare using tools.

They are just the same, but I think AI seems much smarter than bots because bots are only used for automating simple tasks, than AI is usually used for, I think, advanced learning, and the same thing it automates, but it learns from the previous data they gather and uses that to make a smart decision.

If it's all about AI trading, they gather the previous data and use it on the strategy, and then AI will suggest a good position based on AI analysis, meaning it's smarter and it develops itself more than bots.
Bots is way more manual; it depends on you how you set your trading style or strategy and automate it with repeated tasks.

That's what I understand if we compared bots and AI's.

[KincaidT]

It is wild how these bots analyze tons of data to trade for you, aiming for profits while you chill. I'm pumped about the idea of passive income but i am also nervous. Unlike copy trading where you follow humans, this is all algorithms and if the market tanks or the tech glitches, it could flop. I read it can crunch patterns way faster than us–think milliseconds– which is cool but I wonder if it is too good to be true.

[joniboini]

I read it can crunch patterns way faster than us–think milliseconds– which is cool but I wonder if it is too good to be true.

I can see that happening, but if most people have that tool I doubt it will be that effective. They're using algorithms and data anyway, so if the data is terrible you might see them make terrible decisions too. I also agree that if it sounds too good to be true, it probably is. I mean, if someone has an advanced AI tool to make tons of profits, why would they sell it to retail users?

On the other hand, companies seem to push this AI hard to retail users, even though most of their business happens on the B2B side. Kinda disappointing to me tbh.

[KryptoBull]

In my point, AI in crypto trading is a double-edged sword. It can optimize strategies, process massive data, and execute trades faster than any human. But let's be real—no AI guarantees profits, and many are just overhyped bots that thrive on fees rather than actual performance. 

The key question: who controls the AI? If it’s a black box with no transparency, it’s just another way to drain funds. AI is a tool, not a magic money printer.

I'm not worried about who's behind running AI, because traders can completely run A2 models on their laptops without fear of interference from whales. I'm only concerned about the effectiveness of AI in trading, because after all, AI is just a machine, it can't replace the role of humans.

If all traders use AI, I don't think everyone will profit because the market doesn't have enough money to pay all traders. That means only some traders who use AI intelligently and reasonably can make profits, the rest will continue to lose as before. The most important thing to make a profit is probably the experience and capital management skills of the traders.

[LUCKMCFLY]

For me there is nothing good, because in many occasions some traders use bots with AI but they still don't win, they lose more than they win, so it is not profitable and it is a waste of time, for me AI is not yet advanced enough to help humans to trade, it lacks a lot, so it is neither adequate nor recommended, I still trust in natural Intelligence that analyzes and gives better reasons than an AI, maybe an AI does technical analysis faster, but it is not efficient, for me it is more valuable to know what is happening in the market than anything else.

[yhiaali3]

I have tried AI trading as well as copy trading and in both cases I did not achieve results that were much different from manual trading, or maybe I was hoping to get much better results.

As for copy trading, it depends primarily on the traders who are being copied, so if they make any mistakes, it will be directly reflected on you. They are ultimately human beings who have successful and losing deals.

As for copy trading, it can be a little better, but it also depends on human programming and thus errors exist. The biggest advantage is that it saves you from watching the screen and giving orders.

Therefore, the judgment in the case depends on the user's experience, whether it was successful or not.

[Aanuoluwatofunmi]

There is nothing bad in making nuse of AI to trade, once you know you can afford to use it, both the good and bad side effects of using AI should be well known to us, but we should not always rely on them as well, we can still help by knowing how to trade without the use of AI, trading comes in different ways and we have to know which best works for us to use, as long as we are going into get the results needed, AI is not bad to trade with.

[Alone055]

I think it is far better to trade with personal skills to acquire the necessary experiences than AI or bot trading.

Obviously. I don't know how people allow and trust bots and AI models to manage their funds allowing them to trade on their behalf knowing that they don't have a brain or understanding like human but they work based on codes and commands, which means that they can only observe the market based on prices and charts but they can't see sentiments or read news or predict anything based on forecasts.

I would never use a trading bot or an AI bot for my trading activities because I believe myself more and I believe a bot can incur more losses than me since it is only going to act as per a strategy that I set in it while I might be able to improvise and change my plans as per the market conditions and sentiments.

[LUCKMCFLY]

I would never use a trading bot or an AI bot for my trading activities because I believe myself more and I believe a bot can incur more losses than me since it is only going to act as per a strategy that I set in it while I might be able to improvise and change my plans as per the market conditions and sentiments.

It's the best thing you can do, I wouldn't trade with AI either because basically things with AI are very different, it's just a shot in the air and you don't know how good it will be, for me the best thing is to always trust my analysis, an AI is not an infallible tool to win, maybe to ask some questions, but up to there.

Also, I consider that AI is not as developed as many believe, it is just taking baby steps, or it is still crawling, it has not yet developed, so you should not let yourself be carried away by these things.

[taufik123]

-snip-
Also, I consider that AI is not as developed as many believe, it is just taking baby steps, or it is still crawling, it has not yet developed, so you should not let yourself be carried away by these things.

Yes, you have to learn it first and AI is still developing nowadays so it takes a lot of data that AI needs to understand how trading works.

AI also cannot predict future crypto prices because it is also related to imperfect data management because it does not cover all data in real-time or there are limitations.

I also don't entrust everything to AI, but it may be a good partner in the future.

[|MINER|]

Artificial intelligent on trading is nothing like that will give you guarantee of profit so even you could use artificial intelligent as an tools but don't think that it will generate money for you.
Moreover, I think that if you use artificial intelligence blindly, there will be more chances of loss instead of profit in trading. And for this reason, I think that if you do not have trading skills, you will not be able to do much using artificial intelligence, but there will be chances of loss.

[LUCKMCFLY]

Yes, you have to learn it first and AI is still developing nowadays so it takes a lot of data that AI needs to understand how trading works.

AI also cannot predict future crypto prices because it is also related to imperfect data management because it does not cover all data in real-time or there are limitations.

I also don't entrust everything to AI, but it may be a good partner in the future.

It often had to do with algorithms that Applied AI to markets, and I thought that AI was so good that it made those who used it win, but now that everything about AI has come to light I know that this is not the case, so this is something that we must understand , that it has to be for other reasons , Something that is very different and works differently , so in view of this we can say that things are very likely to be changeable, and that AI is not the Holy Grail, that it still needs a lot of development.

[joniboini]

so this is something that we must understand , that it has to be for other reasons , Something that is very different and works differently , so in view of this we can say that things are very likely to be changeable, and that AI is not the Holy Grail, that it still needs a lot of development.

I'm not sure if there's some secret sauce on how AI on trading works, but I doubt AI will solve everything on its own even if we're living in 2100. My reasoning is simple. People who are in the top 1% or so won't let their wealth get reduced because some random users bought an AI trading software. If it's such a potent tool they'll covet it and make it prioritize their goal first.

I do agree that this new trend will likely stay. Some news suggests that GPU companies like Nvidia prioritize clients that focus on AIs already. I doubt they'll let those billions of money slip away from their grasp.