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Economy => Trading Discussion => Topic started by: Odusko on July 17, 2023, 08:10:15 PM



Title: Which is more profiting self trade or AI
Post by: Odusko on July 17, 2023, 08:10:15 PM
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?


Title: Re: Which is more profiting self trade or AI
Post by: Oshosondy on July 17, 2023, 08:17:27 PM
Will you prefer to trade with AI or you prefer to do the trading yourself?
I prefer to trade myself. I have not used bot or AI bot to trade before. Some people can try AI if they think it can work good for them, but as for me, I see no reason to use AI and I trade myself. I minimize my risks and I prefer to earn little which makes my trading plan not to be very risky.

In trading, some people use bot it AI bot to make things to be more convenient for them in trading but the traders analyse the market themselves and have trading plans. Some people use AI to trade to make profit, but AI can fail or may not fail, just like humans.

The best that you can do for yourself in trading is to learn it and know how to trade yourself, even if you will use bot or AI bot or whatever they are called.

What I have seen more about trading are bots, not AI. But AI can be used in learning trading.


Title: Re: Which is more profiting self trade or AI
Post by: boyptc on July 17, 2023, 08:43:51 PM
Trading with myself is much controllable than with the use of AI. Since it's like that the use of AI in trading is still not that much taking the attention of many, it's the whole thing that's going to trade for us, right?

There are already bots out there but it doesn't have a huge difference from trading manually. Well, for those that have been used to it, they can also prefer to use AI if they're able to get used to it as well.

And for a trader that casually trades, whichever makes the most profit, there you should go so that you're able to see the goodness out of it because there are people that are not seeing it.


Title: Re: Which is more profiting self trade or AI
Post by: Doan9269 on July 17, 2023, 09:02:16 PM
one will you prefer if AI is proven to be effective.

Let's not put hope on what is not, AI cannot be that effective for use in trading, if it occurres to be effective then it will definitely not last by any chance, come to think in this way, how we could have see many traders making use of AI for their trading if it's that effective enough to be trusted for a maximum result.

Will you prefer to trade with AI or you prefer to do the trading yourself?

The best option is to learn to trade by yourself, you cannot compare how you will think or reason to how a bot will perform his own research analysis for your trading and you have no option than to have what it gives, though most of the AI bots started well but fail along the line especially when you over used them.


Title: Re: Which is more profiting self trade or AI
Post by: Stable090 on July 17, 2023, 09:32:38 PM
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?
If I can trade very well, I see no reason why I will trade with AI, I don’t have to trust a bot with my money when I know I can do it myself and make profit. People might be trading with AI and be making profit, but we don’t know what will happen in the long run, incase if the AI fails you will be losing all your money both the profit and the capital that you have made, and you will have to be starting from the beginning, I will not recommend anybody to use AI to trade, even if you don’t know how to trade, I will recommend you seek for knowledge on how to trade and learn to do it yourself than using AI to trade. When am trading on my own, I can easily control my lose, but when using AI errors can happen at any moment and everything you have been building is gone already.


Title: Re: Which is more profiting self trade or AI
Post by: Mahanton on July 17, 2023, 10:56:37 PM
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?
Doesnt need to choose if you could be able to have both things on which you could make use of those AI trading results or recommendations on which you would be just simply snipping out those idea and would be applied into your manually made out such analysis which i would really be seeing for it to be ideal and much worth rather than on fully trusting up AI trading. Also you wont really be having that feeling of regret on the time
that you would be losing a certain trade on which you would really be having that kind of acceptance rather than on having a negative result on making use of AI then it would really be giving out that kind of annoyance
on what happened and you would really be promising that you wont really be using it up once again. Profitable? You could always be making up that comparison in between because not all would
really be that satisfied as long they could be able to experience for themselves in regarding the result. You would be able to find out on which one does really fits on your taste.


Title: Re: Which is more profiting self trade or AI
Post by: logfiles on July 17, 2023, 11:35:29 PM
Will you prefer to trade with AI or you prefer to do the trading yourself?
Definitely trading by myself.
AI is just overhyped, and some of those bots don't even use any form of AI. It's just used to hype up people to buy the bots. If AI was perfect and flawless. Do you think the developers would sell it, knowing that they could mint unlimited profits using it? I guess not.

Another question, What happens when over 90 of traders use AI to trade? Who will win? Who will lose?  ;D


Title: Re: Which is more profiting self trade or AI
Post by: sheenshane on July 17, 2023, 11:48:16 PM
Will you prefer to trade with AI or you prefer to do the trading yourself?
Ain't argue with anyone that for me AI is a good tool for trading but that's only a tool for trading, of course, you made yourself decide and analyze the market condition and don't fully rely on the auto trading bot.

The first benefit of using a trading bot could be to monitor the market 24/7.
Unlike humans, bots can continuously monitor the market without the need for breaks or sleep and they can analyze market data, news, and indicators around the clock, allowing for timely responses to market movements and ensuring you don't miss out on trading opportunities.

So what I mean, using this bot makes your trading activity more efficient.
It all depends on your knowledge and skills even though there's an AI or not.


Title: Re: Which is more profiting self trade or AI
Post by: mk4 on July 18, 2023, 01:56:38 AM
Doesn't trading with AI require you to actually train the AI? Unless you're using those shams where you just click one button to run the AI then you're pretty much 100% idle. AI should just be some sort of companion for your trading, not something that should 100% takeover.


Title: Re: Which is more profiting self trade or AI
Post by: xSkylarx on July 18, 2023, 02:02:03 AM
I haven't tried or seen trading using AI-only bots, but for sure, when it comes to entries, you don't have control over them, and maybe they made some false entries. For now, I would prefer my self in trading and having those years of experience on it, but I do also want to try the AI one just to see how it works, but again, for sure, those AI are just based on your inputs, so still, you do have some knowledge on trading as well as established trading strategies.


Title: Re: Which is more profiting self trade or AI
Post by: Latviand on July 18, 2023, 04:57:18 AM
That depends, if the capabilities of AI far exceeds my performance when it comes to trading, why not give a try? I mean if it gives out the results that it promises to deliver then I would choose AI any day but if it falls short to the point that I can imitate the performance and my results are close to it's results then I will just opt out to do the trades myself. Regarding my stance on using AI for trading, that's just me though, I'm not saying that if the performance exceeds yours then you also should use it, I just like saving time and if the trading AI helps me do that then might as well do it with performance in mind.


Title: Re: Which is more profiting self trade or AI
Post by: adaseb on July 18, 2023, 04:58:25 AM
Here is the deal I see with AI.

There is not enough evidence that they are profitable in the long run. So far its been a fairly bullish market and its easy to make money in bull markets.

Second issue is that even if AI is very profitable. Way too many copy traders will use them and they will become saturated and won't work anymore because that is not how markets function. Markets cannot function if everyone makes money. So the trades will be front run and most likely reversed by institutions who know people will rely on AI for trading signals.


Title: Re: Which is more profiting self trade or AI
Post by: Faisal2202 on July 18, 2023, 05:14:44 AM
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?
I prefer to trade on my own by using the AI. yes, you heard right we should not totally depend on AI to make trades on your behalf and expect profits from them. Because, that's not how AI works. Of course you must have tested some which are dedicated for crypto knowledge and past patterns.

But they are only programs which works on the programming made by any person (that person might not be a good trader but he will get an help from a trader to create such AI). SO the point is, we should not totally depend on the bots but we should take help of the bots to narrow down our checklist and trades for better results. we could take help from the AI to perform TA and FA.

But we should not depend totally on AI because AI can be tampered and thus you might lose your assets.


Title: Re: Which is more profiting self trade or AI
Post by: rat03gopoh on July 18, 2023, 10:24:26 AM
Will you prefer to trade with AI or you prefer to do the trading yourself?
General knowledge: AI is a self-learning machine, so in situations where it doesn't recognize new chart patterns, it might make wrong decisions a few times. I can't imagine when that happens to cost a huge amount of my portfolio. So, I was worried to let this kind of robot manage my trading.


Title: Re: Which is more profiting self trade or AI
Post by: Peanutswar on July 18, 2023, 12:19:20 PM
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?

Are you referring to the bot with the automated make-a-trading position and there's a designated stop loss only? If that so you can do this in every exchange because there's are supporting the spot trades and even in futures you can do this thing too but still of course have a manual intervention of the humans but again the same way with the AI. But the main difference is there are no emotions that need to occur in every trade such as being greedy or being hopeful with the position all about the numbers I guess this is the main point. But at the end ideal if there's a manual checking or monitoring if the trades going well or not.


Title: Re: Which is more profiting self trade or AI
Post by: michellee on July 18, 2023, 01:17:01 PM
I prefer trading on my own rather than using AI. Also, I haven't looked at the AI model traders use to trade because what I see a lot is them using bots to trade. And it's not the same as AI, which can have artificial intelligence to anticipate changing market movements.

But if it is a bot used for trading, I have used it, but the results are not very significant so I just leave it. Using a bot means you have to set the commands so the bot can execute the commands you give. But when the market changes direction, you have to reset everything and it will be difficult for us if we don't have enough skills to use the bot.

But if it's an AI that can set its own targets and follow market movements without reordering orders if the market changes direction, I suggest trying that first. After that, I decided to keep using AI or trade alone. But trading alone means we are trying to improve our trading skills.


Title: Re: Which is more profiting self trade or AI
Post by: Cryptomultiplier on July 18, 2023, 09:31:13 PM
What fun would it be if we allow A.I do almost everything from taking its suggestions, to considering its opinions, to letting it trade/invest our coins?

What remains to do as humans?. Perhaps we should just go on vacation to Mars and let A.I run the earth for us.
A.i may be one very smart ingenious idea, but it must be put into consideration when using it, that it is still being adapted to suit our environment and is still being studied to ascertain if it is to be restricted or accepted.

For me, self trade is more profitable because I have to have understood it and practiced it, before even entrusting it to A.i with a steady eye on what's happening.


Title: Re: Which is more profiting self trade or AI
Post by: Franctoshi on July 18, 2023, 09:50:06 PM
Will you prefer to trade with AI or you prefer to do the trading yourself?
I prefer to trade myself. I have not used a bot or AI bot to trade before. Some people can try AI if they think it can work well for them, but as for me, I see no reason to use AI and I trade myself. I minimize my risks and I prefer to earn little which makes my trading plan not to be very risky.

In trading, some people use bot it AI bot to make things to be more convenient for them but the traders analyze the market themselves and have trading plans. Some people use AI to trade to make a profit, but AI can fail or may not fail, just like humans.

The best that you can do for yourself in trading is to learn it and know how to trade yourself, even if you will use a bot or AI bot or whatever they are called.

I agree with you, and I trust myself only when it comes to managing my trading account. Lately, my friend integrated a trading bot into his account, and the same day the bot blew the account, he contacted the person he bought the bot from, the response was that the bot malfunctioned and that taught me a massive lesson, I'm not interested in anything trading tools like AI or bot to trade my money.


Title: Re: Which is more profiting self trade or AI
Post by: AmoreJaz on July 18, 2023, 09:57:36 PM
I prefer trading on my own rather than using AI. Also, I haven't looked at the AI model traders use to trade because what I see a lot is them using bots to trade. And it's not the same as AI, which can have artificial intelligence to anticipate changing market movements.

But if it is a bot used for trading, I have used it, but the results are not very significant so I just leave it. Using a bot means you have to set the commands so the bot can execute the commands you give. But when the market changes direction, you have to reset everything and it will be difficult for us if we don't have enough skills to use the bot.

But if it's an AI that can set its own targets and follow market movements without reordering orders if the market changes direction, I suggest trying that first. After that, I decided to keep using AI or trade alone. But trading alone means we are trying to improve our trading skills.

i believe the success of your trading when you deploy AI is the same as with using bots. it depends on how you set-up your AI. it won't work alone. you still need to do something, like code them to start working, right? it is not just creating your username and password here. there's more than meets the eyes in this type of trading.


Title: Re: Which is more profiting self trade or AI
Post by: Redcoinn on July 18, 2023, 10:52:06 PM
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?

I think self trading is better because Despite improved efficiency, AI trading systems are still susceptible to market risks.

Lack of transparency: Some AI systems use complex analysis and strategies that are difficult to analyse.   

Data bias and outfitting: AI stock trading depends on the data used in it. The quality of the outcome is only as good as the data fitted into the system.

Lacks human oversight: The system executes trades depending on predefined rules, which may fail to recognise sudden market turns, leading to massive errors.
Over-reliance on historical data: The system relies heavily on historical data. Hence, the model may not work efficiently if the market condition has changed drastically.


Title: Re: Which is more profiting self trade or AI
Post by: ultrloa on July 18, 2023, 10:56:06 PM
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 doesn't guarantee you anything since it cannot predict the real time event so most provably it will just give you a hint on what possible trade you want to do, but that doesn't mean you can get sure profit as still needed to trade for yourself so try to just make this as another source of information then also do your own deligence upon trading.

Don't hook up with AI thing and rely this technology on your trade search for more information and base your trades on current event also with the chart you are currently trading since technical analysis still the best that those AI.


Title: Re: Which is more profiting self trade or AI
Post by: shinratensei_ on July 18, 2023, 11:03:52 PM
AI are good for trading based on text book guides, it'd definitely make decision in an instant based on the general known knowledge in regard of trading with something like candle and chart observation but honestly when it comes to knowing external factors that could heavily affect the overall trades in general and also could change the tide of the market i think thats where the AI in general fall shorts.
but then again that could be simply solved by using more complex AI and overtime AI will just grow more and more since the parameters are increasing overtime.
i'd say honestly you should have both, trading accompanied with AI and your own thinking would be very great honestly, you just instantly get some text book guides appearing by the AI so you don't need to memorize the pattern and you could focus on the external factors that might affect the whole markets.


Title: Re: Which is more profiting self trade or AI
Post by: Hamza2424 on July 18, 2023, 11:35:31 PM
AI I am not sure how AI will deal with the market situations currently we are having a tight range movement in trading, Personally, I have no experience with AI Bots, as I haven't experienced it. I think a human brain can better create and manage the strategy as compared to AI. Bots are good but in specific kind of circumstances.


Title: Re: Which is more profiting self trade or AI
Post by: danherbias07 on July 18, 2023, 11:38:51 PM
Never in my trading experience have I let a bot do the work for me, I always do it manually and I'd like it to stay the same.
Trading is already boring in the long run, why make it more boring by giving the workload to an AI or a bot? I mean, that won't make sense at all. Perhaps, this will work for others who are busy with something else but for me, I like being hands-on with it. And I think that also helps me to check the everyday prices of every cryptocurrency in my portfolio. IMO, having a bot might make me lazy and I don't want that to happen while I am still young.
I guess it became my daily habit and that's one of the joys that I could get instead of letting a thing like AI handle it. There's so much good it could bring by handling it yourself and I bet many are still doing it, especially those who started and make profits by trading manually in their early stages.


Title: Re: Which is more profiting self trade or AI
Post by: TheGreatPython on July 19, 2023, 02:52:22 AM
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?
I have never been a fan of trading bots, even if there is a model that uses artificial intelligence for trading, I would still prefer doing it myself because I will obviously have more confidence making the trades myself instead of an AI-powered bot that might be mostly accurate but can always face an issue or might not take the decisions the way a human can because AI doesn't have the ability to think the same way as a human does.

So it is much better to learn everything about the market, how to do analysis, how to do research, how to choose a coin to trade with based on the conditions and market movements and do your trades manually to avoid taking any risk since you can always double-check things yourself.


Title: Re: Which is more profiting self trade or AI
Post by: Fuso.hp on July 19, 2023, 03:40:43 AM
AI technology is created by humans, AI technology is not smarter than humans. The system that has been introduced in AI technology is specific, that is, outside of its system, but it cannot work, but the human brain has no specific system, the human brain can do everything. Since you are a human then why should you rely on AI technology for trading where AI technology is created by humans. Try to learn something about trading yourself rather than relying on AI technology for trading. If you know trading well then you can trade better than AI technology. If trading through this technology, AI technology will conduct trading activities based on certain information, AI technology cannot do anything other than that, so you should trade with your own skills, thinking about security and benefits.


Title: Re: Which is more profiting self trade or AI
Post by: Strongkored on July 19, 2023, 04:49:35 AM
Will you prefer to trade with AI or you prefer to do the trading yourself?
I don't have a clue how much AI will help increase the results of our trading, meaning it can make our win rate increase because of its use. But for me, trading by myself would be better because AI or bots only help in the implementation because even though using both traders will still need to do analysis, so the analysis is done by myself.
However, if there are traders who are proficient enough to use AI for trading, then that is not wrong, because if there is the technology that can help our activities, then why not use it, especially if you already understand how to use it.


Title: Re: Which is more profiting self trade or AI
Post by: Mr. Magkaisa on July 19, 2023, 07:07:35 AM
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?

    -  This is for your information, if you know the trading bots called before way back 2017, the crypto community in this industry did not pay much attention to it. Now, this year AI started making noise and even today it is still making noise in the crypto world.

But the truth is, the trading bots back then just replaced the trading bot with AI to connect with the crypto community. In short, the trading bot and AI trading are the same, only the name has been changed because this is the trend at this time. Meaning, the natural trading that we do as traders is really different and still much more better than AI trade.


Title: Re: Which is more profiting self trade or AI
Post by: jeraldskie11 on July 19, 2023, 12:56:42 PM
Will you prefer to trade with AI or you prefer to do the trading yourself?
Bot trading is best if you don't have time to trade, and don't have enough knowledge in trading. But I prefer to trade my own money because I don't believe that bots or AI can sustain in the long run. I have knowledge in trading and I keep on learning new things that I discover from trading and adapt it to my next trades. I know it hard at first but gradually you will understand how trading works and what's the best thing to do if you encounter consistent losses. Since we are humans that have emotions, we have to handle it and avoid being controlled by our emotions, because if you do you can be profitable in the future.


Title: Re: Which is more profiting self trade or AI
Post by: Aanuoluwatofunmi on July 19, 2023, 03:19:03 PM
Maybe it will be good enough to have the experience of both being considered for the benefit of doubts, if one can start with the use of self trading experience with the acquired knowledge and trading skills all put together for the use after one would have developed more understanding on the required trading patterns and Indicators, later you can also decided to engage the use of a trading bot and having both experience, you may decide to go with the one that best fit in for use ultimate experience in trading.


Title: Re: Which is more profiting self trade or AI
Post by: gunhell16 on July 19, 2023, 03:52:31 PM
Will you prefer to trade with AI or you prefer to do the trading yourself?
Bot trading is best if you don't have time to trade, and don't have enough knowledge in trading. But I prefer to trade my own money because I don't believe that bots or AI can sustain in the long run. I have knowledge in trading and I keep on learning new things that I discover from trading and adapt it to my next trades. I know it hard at first but gradually you will understand how trading works and what's the best thing to do if you encounter consistent losses. Since we are humans that have emotions, we have to handle it and avoid being controlled by our emotions, because if you do you can be profitable in the future.

That's right you mentioned that the trading bot is just lazy or you know, like copy trading as well as the technique and the only difference is the person itself is a copy trade.

It's just that it's even more natural that we do our actual trading ourselves, they say, it feels better that we are the ones who make it difficult for our trading earnings. Then every experience we face trading teaches us to grow further


Title: Re: Which is more profiting self trade or AI
Post by: Litzki1990 on July 19, 2023, 05:31:01 PM
One can try to learn some unknown information about trading from AI technology but AI technology cannot be directly depended on for trading and I will never directly depend on AI technology for trading. AI technology will make human work easier but AI technology will not do human work  human work has to be done by human only AI technology will save your time and take your idea to another level. When it comes to trading there are so many unknown things that we can learn using AI technology, we have to try to know all these things. In the case of trading, we use AI technology and sit safely depending on AI technology, but we will not get success in trading. To achieve success in trading, we need to conduct trading activities manually.


Title: Re: Which is more profiting self trade or AI
Post by: Slow death on July 19, 2023, 08:45:03 PM
reading your thread I immediately remembered the guys who are on the internet saying that it has a bot with the highest technology in it, others say that it has an AI so they soon consider themselves specialists in the market and that is why they are the best choice, just ask people choose the plan they want and pay and then they just need to keep receiving the profits daily, it's funny that many people fall into this type of scam and don't ask the scammers to show proof of the existence of that bot or AI

so by that I mean that I prefer to continue doing my analyzes personally and I will always do so, I don't want to depend on any AI if there really is an AI capable of being very successful in this cryptocurrency day trading market, if we look deeply into it , we will see that the AI does not think for itself, it was put a lot of data and based on that it would make a decision, it does not think, so the best thing is for people to trade for itself, if a person had an AI capable of having many hits in the trade then that person would be rich in a short time


Title: Re: Which is more profiting self trade or AI
Post by: Xampeuu on July 20, 2023, 03:17:50 AM
One can try to learn some unknown information about trading from AI technology but AI technology cannot be directly depended on for trading and I will never directly depend on AI technology for trading. AI technology will make human work easier but AI technology will not do human work  human work has to be done by human only AI technology will save your time and take your idea to another level. When it comes to trading there are so many unknown things that we can learn using AI technology, we have to try to know all these things. In the case of trading, we use AI technology and sit safely depending on AI technology, but we will not get success in trading. To achieve success in trading, we need to conduct trading activities manually.
AI trading is indeed a smart trade, but what we need to know is that AI trading doesn't involve emotions, and that's what manual trading gets. if manual trading is good, I think it will be more optimal if you use AI trading, but if on the other hand, we only rely on AI trading, I think it will actually backfire in the future, because the control remains with us. many people can't wait to learn manual trading, that's why many people take shortcuts and in the end most traders experience defeat


Title: Re: Which is more profiting self trade or AI
Post by: adzino on July 20, 2023, 05:20:28 AM
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?
Why would you risk your funds and leave it to a bot to do your work? Yes, AI can trade for you, but I doubt there is any "perfect" AI trading bot. If there is, everyone would have invested on it and start using it. No one would self trade to make profit, don't you think? There are reasons why people aren't using AI to trade. Too many errors and not having any control over the trade is I guess one of the reason why they don't want to trust AI. Imagine an AI wiping out your entire balance for just an error that a human could avoid..


Title: Re: Which is more profiting self trade or AI
Post by: Silberman on July 20, 2023, 06:01:41 AM
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?
I do not have any option at this time, if I want to trade I need to do it on my own as I do not have access to an AI that can trade on my place, however if did had the access to it I will need to evaluate how it trades based on the data of the past and testing it against many different markets, and only if the AI shows a significant positive difference on its performance then I would think about making a change, otherwise I would prefer to keep trading the markets with my own skills.


Title: Re: Which is more profiting self trade or AI
Post by: armanda90 on July 20, 2023, 07:32:54 AM
How to implement trade trough AI (Artificial intelligence), I don't have ideas with trading could manage trough AI because not any expert have accurate predicting with trading. I know how technological advances developed by AI but how possibilities for applying with trading need research and can't speculate about some coins price later. I don't think have perfect did by AI exactly with their robot trading due previous tools with trading way never guarantee 100% become success.
I think more profitable with self trade than adopt with technology for AI (Artificial intelligence), there are can't make us on profitable always due that technology created by human and have weakness.


Title: Re: Which is more profiting self trade or AI
Post by: Dzwaafu11 on July 20, 2023, 07:37:06 AM

Will you prefer to trade with AI or you prefer to do the trading yourself?


I'm not sure how it may benefit other traders; perhaps AI bots will help them by generating profits, but for me, I cannot use AI bots to trade, and even if I could, I wouldn't see the point in using a bot because I think that in the long run, AI bots may stop working properly, and I might end up losing everything. So you can see that I don't think this is a good idea. Even so, I would advise anyone learning to trade to persevere until they have mastered it rather than learning a little bit and then utilizing an AI bot to trade because I don't believe that is safe.

Because they can't sit down and think about how the market will move, when to buy and sell, and other things that need to be done while trading, I believe the majority of people who use AI bots to trade currently will end up losing money despite any potential profits. I wouldn't really describe a trader who uses AI as brilliant since he isn't using his brain, and in my opinion, that's not how trading is intended to operate.


Title: Re: Which is more profiting self trade or AI
Post by: justdimin on July 20, 2023, 08:32:02 AM
Will you prefer to trade with AI or you prefer to do the trading yourself?
Bot trading is best if you don't have time to trade, and don't have enough knowledge in trading. But I prefer to trade my own money because I don't believe that bots or AI can sustain in the long run. I have knowledge in trading and I keep on learning new things that I discover from trading and adapt it to my next trades. I know it hard at first but gradually you will understand how trading works and what's the best thing to do if you encounter consistent losses. Since we are humans that have emotions, we have to handle it and avoid being controlled by our emotions, because if you do you can be profitable in the future.
If you do not have much knowledge about trading, then bot trading is terrible because the bot trades based on certain things that you need to configure and if you are terrible at trading then you are not going to be good at it neither. I bet that the best thing to do would be making sure that we are handling it ourselves, so that we can use the bot to it's best capacity. I know that it will not be as hard as manually trading, but it's also not that easy enough to make even newbies trade and earn a lot of money.

A lot of people tried to build something that people could make money from without ever knowing a single thing, nobody has achieved it ever. This is why everyone should be considering the situation a bit differently before approaching it.


Title: Re: Which is more profiting self trade or AI
Post by: YOSHIE on July 20, 2023, 10:41:33 AM
Will you prefer to trade with AI or you prefer to do the trading yourself?
I've seen some of my friends use AI crypto trading bots, such as: 3Commas, TradeSanta and CryptoHopper all use intelligent design, Even though the bot has good and safe bot technology, still some of my friends complain about unsatisfactory results.

It is a sign that AI crypto trading does not guarantee real profits in crypto trading features, this reason can be strengthened again by statements such as:
Quote
Is AI crypto trading bot worth it?

Crypto trading bots can be a valuable tool for active traders, but there are also some drawbacks to consider before using them.

Quote
Do crypto trading bots really work?

There is no easy answer to this question, because there is no one-size-fits-all answer to the question of whether crypto trading bots actually work or not.
There are a number of factors to consider when determining whether or not a bot will be effective, including the specific bot used, the market conditions in which the bot is used, and the skill of the trader himself.

Quote
Does AI crypto trading bot make money?

Yes, crypto trading bots can make money. However, there is no guarantee of success and it is important to remember that past performance may not necessarily indicative of future results.

From some of the quotes above, if I consider and analyze from my friends who have done AI crypto trading, it is clear that I choose crypto trading with analysis, predicting my mind, as before.


Title: Re: Which is more profiting self trade or AI
Post by: livingfree on July 20, 2023, 01:52:18 PM
So, it's gotta be with the AI help giving the thoughts about the market sentiment in the chart. With that approach, I am optimistic with that and it is going to help a lot of trader to have insights of what's with the market currently.

If there are features like that then that's going to make the job of traders easier. But at some point, you don't always rely your trades to them and you still need to know what you're up to and what you're doing.

There's the help but with your decision making, it's going to be an important factor for your wins/losses.


Title: Re: Which is more profiting self trade or AI
Post by: Odohu on July 20, 2023, 03:59:14 PM
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.


Title: Re: Which is more profiting self trade or AI
Post by: teosanru on July 20, 2023, 04:20:37 PM
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?
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.


Title: Re: Which is more profiting self trade or AI
Post by: tvplus006 on July 20, 2023, 06:04:34 PM
...Will you prefer to trade with AI or you prefer to do the trading yourself?

In order for you to be able to answer your question, you should try trading with AI and already based on the result you will be able to independently conclude which type of trading is more profitable for you. As for me, I'm not ready to entrust my money to AI yet.


Title: Re: Which is more profiting self trade or AI
Post by: abel1337 on July 20, 2023, 06:53:50 PM
I still haven't used any AI in doing my trades because of the reason that I don't have one or access to one. I'm also a bit skeptical with the end results that an trading focus AI can do since I'm pretty sure that developers would limit its capabilities given that it can destroy the market if the full capabilities is release in the public. As of now, I'm still confident with my skill and has no plan on using or trying to explore on how to use AI on trading but someday, there will be a time that Trading focused AI will become dominant compared to real humans on trading.


Title: Re: Which is more profiting self trade or AI
Post by: RewFrew on July 20, 2023, 06:57:34 PM
My thinking self trading is more profitable from AI trading. AI trading is just like a bot trading only follow instruction. But self trading is depend on a person decision. So i think self trading is best it can easily change decision anytime. Ai trading is new concept. Recently we are seeing this trading concept. But cryptocurrency market is always unpredictable, if any new situation were happen then AI will not able to face that situation i think because AI operate by coding and if work smoothly in familiar field. But self trading is always depend on me. So i can change my decision when which need.


Title: Re: Which is more profiting self trade or AI
Post by: tjtonmoy on July 20, 2023, 07:38:40 PM
Not having control over what you are doing is not something that I want. And what about the fact that the crypto market is unpredictable? One strategy will never work for long. AI may have self-learning technology, but you need to provide it first. If it is a new thing in the market, how will AI detect it and change its actions accordingly?

I like to have control over my own shits. So it's a no from me. Trading should be fun, not something that you just watch from afar. Do it yourself, learn it and it will be with you forever. What if you lose the AI. What if it's gone one day? Think for the future. Your success is in your hand, as well as your downfall. So if you do it yourself, you can change that outcome. Now figure it out on your own, what you want to do.


Title: Re: Which is more profiting self trade or AI
Post by: usekevin on July 20, 2023, 07:42:28 PM
Some people using the AI for the trading,it’s not a good sign for trading.Some people using the AI for the trading,but it’s automatic one.So it’s possibility of both profit and loss.Because the stop loss should be kept to avoid of loss,the automatic loss should be avoid by keep of stop loss in a trading.Manual trading is best for all the time,it help us to analysis the market at every point.Most of the experienced traders will do the analysis and do the manual trading compare to the AI.


Title: Re: Which is more profiting self trade or AI
Post by: el kaka22 on July 20, 2023, 07:45:45 PM
Self trade is obviously a lot better one, if you are capable of making your own trades then you are going to end up making a profit that would be a lot better so it would be important to make money that way. If you rely on an AI to make that money then you are going to end up regretting it.

There are a lot of AI programs that people promote these days and that's not going be acceptable and that is why I suggest that it is not going to be ideal to pick one, that's not going to be acceptable at all. I think it is quite important to make sure that you are realizing what could be done with your own power and that will be much better. This way you do not rely on anyone or anything and make your own profit and that can't be taken from you.


Title: Re: Which is more profiting self trade or AI
Post by: royalfestus on July 20, 2023, 07:54:15 PM
I discovered that AI has its limitations, particularly in terms of lacking access to high-quality and up-to-date data for precise predictions. Moreover, it struggles to cope with unforeseen market manipulations and the inherent risks associated with the unpredictable behavior of traders and the cryptocurrency market as a whole.


Title: Re: Which is more profiting self trade or AI
Post by: BD Crypto on July 20, 2023, 08:21:54 PM
Will you prefer to trade with AI or you prefer to do the trading yourself?
There are really some unbeatable features which are offered by AI trading. The most effective usecase is that it helps to remove human emotions. Because every trader face this obstacle when they get panicked or fomo and can't make a proper decision.

Also AI Algorithms may not be effective in case of unexpected events or volatility. Then you may have a lose because you was totally dependent on AI trading. So there are some major obstacles to implement properly. That's why I will suggest self trading but to get more accuracy and without emotional trading AI can be used as a tool. Obviously AI Algorithms should be developed ,tested properly to get the most advantages from it.


Title: Re: Which is more profiting self trade or AI
Post by: Cling18 on July 20, 2023, 09:12:03 PM
AIs can't exceed beyond what human intelligence can do. They still have limitations and they can't also provide a 100% reliable and accurate result though we can't deny the fact that they could be a big help in trading. However, if we are being analytically strategic, it will be better to do trading on our own.
We can make better decisions based on our situation if we will do trading ourselves. We will also be able to put limitations and proper control on what we do. It will be wiser if we will be fully equipped with knowledge about trading so we can trade with confdence and without too much fear.


Title: Re: Which is more profiting self trade or AI
Post by: Natalim on July 20, 2023, 09:40:50 PM
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?
If that is PROVEN, then I would choose it as this could help us to maximize our time as this can work 24/7. While resting, someone does the job for us. Yet, it was just hearsay for now, I'd think there is a technology designed to perform such a task perfectly knowing that it was made and programmed by human beings. Because if does work great, it means that person is a good trader and predictor but of course, it won't as the market is unpredictable, and that is the reason that we can't just rely on AI to do trade. It looks more profitable if we did it personally than relying on them.


Title: Re: Which is more profiting self trade or AI
Post by: nelson4lov on July 20, 2023, 10:08:02 PM

@OP, AI exists to automate some of the repetitive tasks that usually occurs in our workflows, it doesn't do so much when it comes to predicting events especially events that are not powered by mathematics alone such as trading or gambling. It might be right sometimes but I'd say it's just being lucky. Where today's AI technologies would really excel is journal documenting, analysis based on past trades but the trader itself should have the final say on which direction of the market the trade should be.

Personally, I would still trade on my own but would automate most part of the trading process (like journaling etc, backtesting, etc).


Title: Re: Which is more profiting self trade or AI
Post by: taufik123 on July 20, 2023, 10:29:04 PM
Personally, I love technology and AI is the technology that almost beats all technology today.
AI is developing rapidly and almost in all sectors including trading.

But is it very ethical to entrust everything to AI including the management of your money when trading?
It's good that we as users have full control and not AI piloting.

AI is used only as an assistant or reminder of how the market is going.
Selt Trade should still be done and AI becomes a good assistant.
This will provide more benefits, because we will also have full control.


Title: Re: Which is more profiting self trade or AI
Post by: DoublerHunter on July 20, 2023, 10:48:06 PM
^  The ethical aspect of entrusting everything, including managing our finances, solely to AI is a valid concern. While AI can be a powerful tool, complete reliance might pose risks and uncertainties. It is important to retain human control and decision-making in trading processes.
In my own opinion, AI should serve as an assistant or a reliable source of market insights and trends. Probably by utilizing AI in this manner, we can benefit from its efficiency and accuracy while maintaining full control over our trading strategies. It could be striking the right balance between human expertise and AI assistance will likely lead to more successful outcomes and a greater sense of security in our trading endeavors.


Title: Re: Which is more profiting self trade or AI
Post by: mvdheuvel1983 on July 20, 2023, 11:59:54 PM
Self trade - nothing beats it or comes close.
I keep telling people that not all trades follow the rules of the books..for some trades, you specifically have to follow your intuition, your instincts and go against everything you have know about trading beyond every reasonable doubt. AI can do this. AI is just a bunch of garbage in garbage out tied together with ifs and where statements just as we already know. But nothing stops a trader from combining both of them. Sort of like human controlled but machine assisted trading. Yes. This is possible.


Title: Re: Which is more profiting self trade or AI
Post by: malcovi2 on July 21, 2023, 02:19:28 AM
^  The ethical aspect of entrusting everything, including managing our finances, solely to AI is a valid concern. While AI can be a powerful tool, complete reliance might pose risks and uncertainties. It is important to retain human control and decision-making in trading processes.
In my own opinion, AI should serve as an assistant or a reliable source of market insights and trends. Probably by utilizing AI in this manner, we can benefit from its efficiency and accuracy while maintaining full control over our trading strategies. It could be striking the right balance between human expertise and AI assistance will likely lead to more successful outcomes and a greater sense of security in our trading endeavors.

AI or bots to me can be more reliable than to a human because it removes emotional and biased factors when it executes the trades or trading strategy. It also operates 24/7 which gives you free time to read or predict your next move on the current market


Title: Re: Which is more profiting self trade or AI
Post by: tvplus006 on July 21, 2023, 04:18:22 PM
Not having control over what you are doing is not something that I want. And what about the fact that the crypto market is unpredictable? One strategy will never work for long. AI may have self-learning technology, but you need to provide it first. If it is a new thing in the market, how will AI detect it and change its actions accordingly? ..

As I understand it, AI is constantly developing and, accordingly, its skills are being improved, which may relate to decision-making for trading. But definitely, by transferring control over your finances, it will be like giving your money into trust management.


Title: Re: Which is more profiting self trade or AI
Post by: Litzki1990 on July 21, 2023, 04:34:52 PM
My thinking self trading is more profitable from AI trading. AI trading is just like a bot trading only follow instruction. But self trading is depend on a person decision. So i think self trading is best it can easily change decision anytime.
Technology can take the steps you can take manually in trading but you can never take those steps in trading. Trading through this AI technology will only work in certain systems but when you do your own trading, you will be able to master various trading strategies within yourself, which will increase the chances of being profitable in the field of trading. Relying on yourself is the most important thing in trading. You can take help of technology but don't rely on technology directly especially in trading, if technology is responsible for trading, technology will not understand the importance of your money as a result of which there is a possibility of losing your money so it is always wise to trade by yourself.


Title: Re: Which is more profiting self trade or AI
Post by: Nrcewker on July 21, 2023, 04:37:17 PM
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.


Title: Re: Which is more profiting self trade or AI
Post by: tjtonmoy on July 21, 2023, 06:11:42 PM
As I understand it, AI is constantly developing and, accordingly, its skills are being improved, which may relate to decision-making for trading. But definitely, by transferring control over your finances, it will be like giving your money into trust management.

Yes exactly. The moment AI get's access to manage your assets, it's like your funds aren't yours anymore. Also, even with constant development and self-learning, when there's something new on the internet, AI needs to be programmed to understand it. Or with self-learning technique, it will require some time as well. Not to mention, it may not be 100% correct. Either way, in that little amount of time, many things could happen. Volatility is not a joke and little movement could shake the whole market sometimes.

To understand it better, market sentiments. It is controlled by human emotions. As far as I know, AI is unable to understand human emotion. And it lacks emotion too. So, if the market is affected by market sentiments, AI could make mistakes. So, considering everything, it is always better to do it on your own.


Title: Re: Which is more profiting self trade or AI
Post by: WatChe on July 21, 2023, 06:44:53 PM
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.

AI is still in its early days and we need to wait to see how much AI can earn in place of humans. So far there is not much evidence that AI can earn in place of humans. To my knowledge AI can be used as your assistant while making trading decisions and can be used in place of humans only at times when its not possible to do trading in person. If you rely on AI for trading in place of you then there are chances that you may end n loss. Let this technology get matured first.


Title: Re: Which is more profiting self trade or AI
Post by: Vivageneviv on July 21, 2023, 08:00:39 PM
Personally I combine both, and I feel there are benefits to both approaches. While self-trade allows you to trade on your own terms amongst other benefits, AI trading helps you remove emotional bias. Lately AI Grid trading on Bitget has been really productive for me but the final calls are still yours to make.


Title: Re: Which is more profiting self trade or AI
Post by: goldkingcoiner on July 21, 2023, 08:13:00 PM
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?

That is not a question that can easily be answered, friend.

There are crappy traders just as there are crappy AI. There are AI's that can outperforms half of all traders and there are trader that can outperform any AI.

So you see, you cannot answer the question of what is more profitable. You need to consider whether or not the trader in question is profitable and how profitable. And then compare that to the data of the top AI trading bots and then you have your answer.

I do not see myself one of the top traders in the world but I can make better predictions than any trading bot that I know of. And that includes AI bots.

Furthermore, trading in itself is something intrinsically impossible to be 100% predictable. So either way, you are still risking a lot on a gamble or a gut feeling. Whether that gut feeling should be to trust in a trading bot more than you do yourself cannot be answered by anyone but you.


Title: Re: Which is more profiting self trade or AI
Post by: ScamViruS on July 21, 2023, 08:42:12 PM
I will still give more importance to self trading, because this is where I can feel comfortable. There is no guarantee that trading using AI will make me consistently profitable, as a small trader like me does not have the power to change the market at will. AI trading can be quite usable for many traders, but many traders prefer to rely on themselves and generate profits from the market by self trading. One strategy is not always effective in the market, so a trader has to change the strategy according to the market conditions. So considering the current situation, self trading seems to be more effective than AI trading.


Title: Re: Which is more profiting self trade or AI
Post by: jaberwock on July 22, 2023, 05:24:12 PM
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?
    -  This is for your information, if you know the trading bots called before way back 2017, the crypto community in this industry did not pay much attention to it. Now, this year AI started making noise and even today it is still making noise in the crypto world.

But the truth is, the trading bots back then just replaced the trading bot with AI to connect with the crypto community. In short, the trading bot and AI trading are the same, only the name has been changed because this is the trend at this time. Meaning, the natural trading that we do as traders is really different and still much more better than AI trade.
And even the AI itself isn't new either. It's already popular before and then the hype died and go back again recently. I guess that's just how it goes? The same to other hypes. Some of them are also making a comeback. It's true that AI and bots are the same but to be honest I prefer the term bots because this is where I get used to it.

Some bots can be set manually by the trader so there is no big difference to their performance. The only thing that bots do is to automate the process which is great so that we won't monitor closely our trades anymore but if you are lacking or trust or confidence to these technologies, you can always do the manual way.


Title: Re: Which is more profiting self trade or AI
Post by: AnonBitCoiner on July 22, 2023, 08:23:28 PM
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.

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.


Title: Re: Which is more profiting self trade or AI
Post by: Yamifoud on July 22, 2023, 09:00:07 PM
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.

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.
Emotions could affect everything, I could agree with that and the use of AI is somewhat a good option. But it was too early to rely on them, of course, they don't have emotion and they function based on what we programmed to them. However, it was not the basis of saying it was more profitable because that will also depend on the traders who send commands to it. Maybe this will be a big help for busy people but for us who have plenty of time to face on the computer, I'd rather consider myself doing it, and aside from that, I'd be learning more.


Title: Re: Which is more profiting self trade or AI
Post by: eaLiTy on July 22, 2023, 09:38:36 PM
~
 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?
From what i understand, you will be able to create a bot with the help of the AI technology that is available right now and you need to set the trade inputs so that it will be able to execute them. In this scenario, how affective it can be depends upon the input you provide. If there is a situation where AI is able to determine the inputs and execute the trade themselves without any human interventions, then i will prefer to trade only with AI, till then i provide the input which is not a huge game changer.


Title: Re: Which is more profiting self trade or AI
Post by: Fivestar4everMVP on July 22, 2023, 10:50:48 PM
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?
we all trade to make profits and not loses, If trading with Ai is proven beyond all reasonable doubts to be very and highly effective, then I don't see a reason why I will not or shouldn't use, as long as making profit is the end goal.

If anytime I feel bored, I can still trade on my own as a means of exercising my mind, but I must make sure to have those Ai scoping all the profit for me, but at the moment though, I still do all my trading myself, I don't trust any Ai bot at the moment, and even if I wanna try out an Ai, I will do so with a very small amount of money,

By the way, last time I tried trading with a bot on kucoin, my experience was not good at all, it was as if the bot was set up to only loose trade instead of win it, so I stopped using bot until I find a good reason to try it again.


Title: Re: Which is more profiting self trade or AI
Post by: virasog on July 22, 2023, 11:38:41 PM
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.


Title: Re: Which is more profiting self trade or AI
Post by: GreatArkansas on July 23, 2023, 02:55:23 AM
(...)
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.
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


Title: Re: Which is more profiting self trade or AI
Post by: Silberman on July 23, 2023, 06:50:45 AM
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.

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.
This is one of the strongest points of an AI, even if it should not be the case the markets are full of emotions, the incredible feeling after making a great trade and earning a good profit, to the feelings of sadness after making a mistake and watch the work of weeks and even months evaporate before your eyes, all of this affects a trader and their ability to take the correct decision under pressure, but an AI is not affected at all by this and as long as the strategy it is using is good and there are not any technical issues it should make you money if you give it enough time to use its strategy.


Title: Re: Which is more profiting self trade or AI
Post by: LogitechMouse on July 23, 2023, 07:14:02 AM
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.
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.


Title: Re: Which is more profiting self trade or AI
Post by: Rivaldine on July 23, 2023, 08:31:07 AM
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.


Title: Re: Which is more profiting self trade or AI
Post by: suzanne5223 on July 23, 2023, 08:53:43 PM
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.
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.


Title: Re: Which is more profiting self trade or AI
Post by: Dr.Bitcoin_Strange on July 23, 2023, 09:17:21 PM
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.


Title: Re: Which is more profiting self trade or AI
Post by: nurilham on July 23, 2023, 09:26:01 PM
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.



Title: Re: Which is more profiting self trade or AI
Post by: Ziskinberg on July 23, 2023, 09:44:17 PM
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.


Title: Re: Which is more profiting self trade or AI
Post by: Odusko on July 24, 2023, 12:20:26 PM
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.


Title: Re: Which is more profiting self trade or AI
Post by: GeorgeJohn on July 24, 2023, 12:40:46 PM
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.


Title: Re: Which is more profiting self trade or AI
Post by: Mpamaegbu on July 25, 2023, 08:37:07 PM
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.


Title: Re: Which is more profiting self trade or AI
Post by: Dimitri94 on July 26, 2023, 11:19:03 AM
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.


Title: Re: Which is more profiting self trade or AI
Post by: CarnagexD on August 02, 2023, 07:08:00 AM
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?

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.


Title: Re: Which is more profiting self trade or AI
Post by: irhact on August 02, 2023, 08:50:28 AM
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?

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.


Title: Re: Which is more profiting self trade or AI
Post by: Questat on August 02, 2023, 01:07:09 PM
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.


Title: Re: Which is more profiting self trade or AI
Post by: Timmzzy on August 02, 2023, 04:21:22 PM
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?

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.


Title: Re: Which is more profiting self trade or AI
Post by: jaberwock on August 02, 2023, 06:30:24 PM
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.

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.


Title: Re: Which is more profiting self trade or AI
Post by: Aanuoluwatofunmi on August 02, 2023, 06:49:02 PM
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?

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.


Title: Re: Which is more profiting self trade or AI
Post by: Franctoshi on August 02, 2023, 07:32:54 PM

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.
I agree with your opinion, This is the point I may consider trading using AI tools if I'm the one that created the AI or the trading bot using my trading strategy as it will save me the time and stress of going through the chart and analyzing the market. I can't trust a tool that I don't know the bases on which it was built to trade my funds.


Title: Re: Which is more profiting self trade or AI
Post by: Woodie on August 02, 2023, 08:11:41 PM
I have not seen anybody trade with AI and come out in the open to say they are profitable,which is unfortunate! But one of the advantages I adore from trading with a bot is that you are guaranteed that no emotions will be involved when trading and if a trade is a winning trade be rest assured  that no premature profits will be taken and the trade will hit full take profit.

But then again, bots follow instructions as coded and never look at market conditions which is the unfortunate part that could save you from loses or make you lose..but going by my preferred way of trading of trading by myself, emotions could be there but as long as I follow a rule based way of trading I believe I stand a good chance of surviving the markets and make myself a profitable trader..


Title: Re: Which is more profiting self trade or AI
Post by: gabbie2010 on August 02, 2023, 09:09:17 PM
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?
I don't rely on any trading automation to decide any trading setup for me whether AI, EA and Robot none of them is used to execute or predict market for me, I believe in trading manually basically using candlestick patterns and Price Action, I am not condemning those trading tools because it might work for some traders, however I do trade by myself because I believe those tool especially AI can be a distraction because of the trading signals generated might counter my own trading setup in view of that I only concentrated on my own decisions which I strongly believe is the best option in trading.


Title: Re: Which is more profiting self trade or AI
Post by: awik p on August 03, 2023, 01:47:45 PM
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?
I don't rely on any trading automation to decide any trading setup for me whether AI, EA and Robot none of them is used to execute or predict market for me, I believe in trading manually basically using candlestick patterns and Price Action, I am not condemning those trading tools because it might work for some traders, however I do trade by myself because I believe those tool especially AI can be a distraction because of the trading signals generated might counter my own trading setup in view of that I only concentrated on my own decisions which I strongly believe is the best option in trading.
indeed the decision itself is far better than we entrust to AI. in trading science there are 3 categories that must be mastered, analysis techniques, money management and psychology, and I think AI only has both of them apart from psychology, even though it is psychology that is the determining factor in success in trading, even though it is difficult to master, but with us practice continuously then over time it will be honed by itself


Title: Re: Which is more profiting self trade or AI
Post by: Japinat on August 03, 2023, 09:42:16 PM
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?
Note that AI trading can never be forever reliable so I have to focus on self trading in order to develop more of my abilities and skills in trading. Although beginner traders might find it more appealing and impressive to use the AI trading but simply because most of the newbies these days want to take shortcuts in trading to achieve instant profits. And they believe AI can do that, not realizing that it’s also not perfect and has its own flaws.


Title: Re: Which is more profiting self trade or AI
Post by: xSkylarx on August 04, 2023, 03:14:04 AM
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?
Note that AI trading can never be forever reliable so I have to focus on self trading in order to develop more of my abilities and skills in trading. Although beginner traders might find it more appealing and impressive to use the AI trading but simply because most of the newbies these days want to take shortcuts in trading to achieve instant profits. And they believe AI can do that, not realizing that it’s also not perfect and has its own flaws.

AI trading will stay forever because of the innovation of the technology and it keeps improving over time, so it will say as long as there are still newbie people wanting or availing of it, but again, I don't want an AI to do the trade on me. Just take an example: you'll have a chance to become artistic by learning graphic design or photo editing online, but because you are a newbie and want a shortcut, you'll just use AI to generate it, meaning you'll be so dumb that you don't develop your skill and just rely on AI, and in the long run you'll suffer, so it is better to learn and rely on yourself.


Title: Re: Which is more profiting self trade or AI
Post by: dansus021 on August 04, 2023, 03:17:42 AM
I dont know but before AI hype like now there is dozen of Robo Trading that can buy and sell when all the parameter is match, But I dont know it seems there is no bot can create such a huge profit although if there any I would join  ;D

But one thing is sure that the market is highly unpredicted maybe AI can feed multiple technical indicator but one or two news can disrupt the trading decision


Title: Re: Which is more profiting self trade or AI
Post by: SharonC on August 04, 2023, 06:32:56 AM
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?
Wow. That's a quite interesting feature. However, I'd prefer trading myself, AI cannot make everybody successful, however your knowledge and skills definitely will make you successful. AI is a great tool, but nothing more.


Title: Re: Which is more profiting self trade or AI
Post by: uswa56 on August 04, 2023, 10:28:26 AM
I dont know but before AI hype like now there is dozen of Robo Trading that can buy and sell when all the parameter is match, But I dont know it seems there is no bot can create such a huge profit although if there any I would join  ;D

But one thing is sure that the market is highly unpredicted maybe AI can feed multiple technical indicator but one or two news can disrupt the trading decision
Yes, it's true that a lot of things happened outside of what we planned.
Personally, I don't trust robots, because I believe there must be gaps or something that will be very detrimental to us, therefore I choose self-trade over AI, even though there are many indicators that must be studied, but I think it will be much more profitable in the future with knowledge and our experiences.


Title: Re: Which is more profiting self trade or AI
Post by: Rabata on August 04, 2023, 12:37:19 PM
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?
A trader always tries to find out how they can profit from trading. But which one is good self-trading or AI trading those completely depends on various factors. By analyzing different situations, I think that both are suitable. AI usually gets quick signals about market trends and can analyze data quickly which is not possible in short time by humans. Emotions do not work in AI so they can trade in the market with disciplinary manner. Since trading sometimes involves geopolitical and economic issues, a human can analyze that which is not possible with AI. In any complex trading activity, a human trader can exercise caution and make sound decisions. Such decision cannot be taken by AI trading.


Title: Re: Which is more profiting self trade or AI
Post by: Kelvinid on August 04, 2023, 01:02:21 PM
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.
For some reason, I preferred to keep myself on live trading rather than watching an AI do it as I don't consider myself a loser. It is maybe because I can handle managing myself and am able to control my emotion. But it was not just like that because I wanted to learn more and engaging more on the market will help a lot of us. Now, if we think that AI is more capable than us, then I believe these developers will focus on trading rather than selling it to the community knowing that this technology could make them rich. But they don't because no matter what we use, losses is still possible.


Title: Re: Which is more profiting self trade or AI
Post by: AakZaki on August 04, 2023, 05:51:30 PM
Self trading remains number one for me personally because trading requires the human mind to determine when to enter and exit.
AI bots are only used to find out which coins have more potential to be bought or sold.
Do not use AI in full without the supervision of a trader, because AI may make mistakes in executing. however the circumstances Slelf trading is the main advice because we will also learn how to make good trades.


Title: Re: Which is more profiting self trade or AI
Post by: Lorence.xD on August 04, 2023, 06:08:17 PM
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.
For some reason, I preferred to keep myself on live trading rather than watching an AI do it as I don't consider myself a loser. It is maybe because I can handle managing myself and am able to control my emotion. But it was not just like that because I wanted to learn more and engaging more on the market will help a lot of us. Now, if we think that AI is more capable than us, then I believe these developers will focus on trading rather than selling it to the community knowing that this technology could make them rich. But they don't because no matter what we use, losses is still possible.

No, there's no loser if you are more comfortable in that method. Because why would you stake your money then rely on AI that there's still a chance of unsuccess result. I think it's still better to use your brain and emotion especially if you can handle it or control it, Why? If you would rely on AI sharing some profits, you wouldn't learn from your experiences. It's just a win-win situation for you as long as you know how to manage your assets. If you profit on your own using your skills and techniques well that's good which means it's actually working. But if you lose you could learn from your past mistakes and use it as your personally growth. Like your first losses your emotions of course worsen that might impacted your next trading but for sure you've managed to control it.


Title: Re: Which is more profiting self trade or AI
Post by: mirakal on August 04, 2023, 09:32:27 PM
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?
I will always chose self trading because I know in trading, there’s no one you can trust but only yourself, not the other people, not literally the robots online. And I want to be a good and successful trader in the making, therefore I should find ways on how to improve myself and be the best version of a trader to achieve my targets in life, not just financially but mentally and emotionally as well.


Title: Re: Which is more profiting self trade or AI
Post by: Hypnosis00 on August 04, 2023, 09:57:56 PM
Self trading remains number one for me personally because trading requires the human mind to determine when to enter and exit.
AI bots are only used to find out which coins have more potential to be bought or sold.
Do not use AI in full without the supervision of a trader, because AI may make mistakes in executing. however the circumstances Slelf trading is the main advice because we will also learn how to make good trades.

AI technology has been growing but yes, it won't beat us especially if we are in trading for many years and already have a success story. It might be good at trying to assess how it works and to see results but just like you, I was not really convinced that AI is better than us in trading, maybe in some other areas. As long as we can do good in trading and still earn, I don't think we need this AI because the truth is that this technology is still reliant on us traders. What we command is also what they have followed. So why we should buy it instead of doing it personally?


Title: Re: Which is more profiting self trade or AI
Post by: dansus021 on August 05, 2023, 01:04:26 AM
Yes, it's true that a lot of things happened outside of what we planned.
Personally, I don't trust robots, because I believe there must be gaps or something that will be very detrimental to us, therefore I choose self-trade over AI, even though there are many indicators that must be studied, but I think it will be much more profitable in the future with knowledge and our experiences.

yes Selftrade is always been a choice if you are a trader hahaha. AI word is everywhere tho if AI is really made a huge profit the news will all over the place and people will start using it now. Tho I hope in future there is AI who made a prediction but only we the human can trade it. So the Ai work as a tool or other indicator but only we can decide that the trade.


Title: Re: Which is more profiting self trade or AI
Post by: tygeade on August 05, 2023, 08:44:11 AM
A trader always tries to find out how they can profit from trading. But which one is good self-trading or AI trading those completely depends on various factors. By analyzing different situations, I think that both are suitable. AI usually gets quick signals about market trends and can analyze data quickly which is not possible in short time by humans. Emotions do not work in AI so they can trade in the market with disciplinary manner. Since trading sometimes involves geopolitical and economic issues, a human can analyze that which is not possible with AI. In any complex trading activity, a human trader can exercise caution and make sound decisions. Such decision cannot be taken by AI trading.
I think taking advantage of the improving technologies is not that terrible, just do not let it be the only thing that you try to make a profit from. Just to give an example, tradingview is a tool you can use to make a profit, you use the charts and make lines and you try to make as much profit as you can.

However, if you just go there, pick one indicator, and trade based on that forever, you are going to end up losing money. If you end up learning how to use it though, learn how to trade, then that tool becomes a thing you could profit a lot from as well. I believe that it would be smart idea to keep doing it that way instead of just letting it be. Use it, but also learn how to trade to use it better as well.


Title: Re: Which is more profiting self trade or AI
Post by: Inwestour on August 05, 2023, 10:12:26 AM
yes Selftrade is always been a choice if you are a trader hahaha. AI word is everywhere tho if AI is really made a huge profit the news will all over the place and people will start using it now. Tho I hope in future there is AI who made a prediction but only we the human can trade it. So the Ai work as a tool or other indicator but only we can decide that the trade.
If anyone can, or has already been able to, adapt AI for profitable trading, then this will remain a secret from ordinary traders, since it will become a gold mine and, in fact, an endless source of passive income. I don’t know if this is possible, I assume that this can be achieved if AI is made self-learning, but everyone who understands the danger will in every possible way prevent this.

Because a self-learning AI will most likely not be interested in trading, or it will subsequently use it in some way for its own purposes.


Title: Re: Which is more profiting self trade or AI
Post by: Lanatsa on August 06, 2023, 09:59:05 PM
yes Selftrade is always been a choice if you are a trader hahaha. AI word is everywhere tho if AI is really made a huge profit the news will all over the place and people will start using it now. Tho I hope in future there is AI who made a prediction but only we the human can trade it. So the Ai work as a tool or other indicator but only we can decide that the trade.
If anyone can, or has already been able to, adapt AI for profitable trading, then this will remain a secret from ordinary traders, since it will become a gold mine and, in fact, an endless source of passive income. I don’t know if this is possible, I assume that this can be achieved if AI is made self-learning, but everyone who understands the danger will in every possible way prevent this.

Because a self-learning AI will most likely not be interested in trading, or it will subsequently use it in some way for its own purposes.
True, no one would be ever tending to share up if ever they do something which does works because it would really be just normal that it would really become saturated on the time that it would really be known.

This is why on realistic approach then neither it would work or not, then it would really be basing up on someones real experience or engagement whether they would really be applying that AI on their trades or not or
simply sticking with manual or self trade which it is really just that normal that there would really be that kind of impressions towards changes or finding out new methods or ways which they could really be able to
be that advantageous but on the sense that there are ones who do pushes out something just because they do believe that it works before they would really be experiencing those huge losses and errors because we know that it cant just that possible that there would be something that gives out that higher chance or profitability in trading world or career.

You would be finding yourself that profitable if you done things well but if not then you would experience the opposite and this is why lots of variations and combinations would really be applied
out even other people do already come or believe into those kind of impossible approaches.


Title: Re: Which is more profiting self trade or AI
Post by: worle1bm on August 07, 2023, 05:28:44 AM
We should not be too much dependent on AI for all the uses especially in trading where you need to make decisions based on the current market conditions and computers might mix up things sometimes which may work in opposite directions to what you have expected.So for me self trading is best although you can use some AI tools to gather information and put commands to get some results but then do self trade with all them combined information.


Title: Re: Which is more profiting self trade or AI
Post by: Bitcoin_people on August 10, 2023, 12:25:35 AM
We were able to earn from the way we traded in real life with no AI needed. Although in today's era, many things can be done using AI, it is difficult to say how much cryptocurrency trading can improve this equation. But with AI I think cryptocurrency trading business cannot be very profitable because this ai will not make very good predictions. We don't really need AI as we have thrived on our own skills when this AI wasn't used. However if proven to be effective in cryptocurrency trading many would use one but I wouldn't like it. Because I will not trade using AI but I will trade in real life with the aim of gaining my own knowledge and experience in the future.


Title: Re: Which is more profiting self trade or AI
Post by: Sanitough on August 10, 2023, 09:17:48 PM
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 making trades easier right now, but as you’ve said it’s still a new thing, so it cannot be reliable and sustainable in the long run. That’s the reason why self-trading is still the most advisable way to trade and be in profits. Besides, you can’t just easily entrust your money simply in a robot and expect to double or triple your capital. The trading market is never certain and is always unpredictable, so it’s hard to anticipate trading with AI will definitely end up in success. Yes at some point it can be profitable, but most of the time self-trading will always be the most reliable method for trading.


Title: Re: Which is more profiting self trade or AI
Post by: Odusko on September 06, 2023, 09:11:38 PM
I will always chose self trading because I know in trading, there’s no one you can trust but only yourself, not the other people, not literally the robots online. And I want to be a good and successful trader in the making, therefore I should find ways on how to improve myself and be the best version of a trader to achieve my targets in life, not just financially but mentally and emotionally as well.
That is for sure, trust and inability to maintain profits merging have been the major challenges with third-party trading such as trading bots or AI, These two trading tools have become popular in recent times, but it has been revealed severally both in most comments in this thread and other trading related discussion topics that trading by self is far more better and secured that trading with a both or AI because a lot of those bots have failed in several ways and accusations that have made them not to be the best choice for trading.
And since most want to self-custody their trading capital, they rather stick to the rigorous process of self-development in trading no matter how long it takes them to achieve such success.


Title: Re: Which is more profiting self trade or AI
Post by: Bushdark on September 09, 2023, 04:57:02 PM
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 making trades easier right now, but as you’ve said it’s still a new thing, so it cannot be reliable and sustainable in the long run. That’s the reason why self-trading is still the most advisable way to trade and be in profits. Besides, you can’t just easily entrust your money simply in a robot and expect to double or triple your capital. The trading market is never certain and is always unpredictable, so it’s hard to anticipate trading with AI will definitely end up in success. Yes at some point it can be profitable, but most of the time self-trading will always be the most reliable method for trading.
Using artificial intelligence can be very profitable to us of we know the right tool to use and how to utilize the market in a way that will help us to trade the market with better profits. Self trading is good and that is what we all should develop ourselves for and not to be looking for a quick way for us to trade the market to earn when we are not ready to develop ourselves in a way that will help us in the future. Artificial intelligence cam help us to make fantastic profits from the market.


Title: Re: Which is more profiting self trade or AI
Post by: AnonBitCoiner on September 09, 2023, 06:18:53 PM
Using artificial intelligence can be very profitable to us of we know the right tool to use and how to utilize the market in a way that will help us to trade the market with better profits. Self trading is good and that is what we all should develop ourselves for and not to be looking for a quick way for us to trade the market to earn when we are not ready to develop ourselves in a way that will help us in the future. Artificial intelligence cam help us to make fantastic profits from the market.
Using AI to make profit? do you believe that a robot will gives you how to trade and you will make profit frimy it? AI is best tool to learn basic and finding best possible strategy we could apply in our traditing. we can learn about dangerous step which could lead to loss but we. cannot use AI to tell us which coin is to buy now and when to enter and exit. Crypto market is Decentralized and many factors has effect upon market. Trading gives us profit in a situation when we have experience about market volatility in different time(bull, bear, sudden pump and dump, bad news about btc). I think self trade is hundred percent more profitable than AI in the trading and I myself wil never use for AI for trade purpose.


Title: Re: Which is more profiting self trade or AI
Post by: JunaidAzizi on September 09, 2023, 06:46:35 PM
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?

To trade yourself or to trade with AI is your personal decision and there is nothing right or wrong but however we can guide you to what you use for better results.

If AI is productive by proving and giving you more profits than trading yourself then I suggest not stopping using it. AI can process a large number of data and has the ability to identify the patterns that you cannot but AI is not believable its not perfect and still makes mistakes and important thing is that it has the risk of hacking or manipulated.

So according to me Do yourself that at least have no risk of manipulation or hacking.


Title: Re: Which is more profiting self trade or AI
Post by: Hamphser on September 09, 2023, 08:15:50 PM
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?

To trade yourself or to trade with AI is your personal decision and there is nothing right or wrong but however we can guide you to what you use for better results.

If AI is productive by proving and giving you more profits than trading yourself then I suggest not stopping using it. AI can process a large number of data and has the ability to identify the patterns that you cannot but AI is not believable its not perfect and still makes mistakes and important thing is that it has the risk of hacking or manipulated.

So according to me Do yourself that at least have no risk of manipulation or hacking.
Yes, you could really be able to test both and find for yourself on which one would really be that looking interesting or something that could bring out profits or simply that effective on your part. We cant really able

to make up some conclusions or recommendations since we do have different type of level when it comes to experience/skills/knowledge/luck when it comes on dealing up with things.
This is why it would really be that so understandable that results or outcomes would really different to each other on which it would really be just that really depending on you on which one
suits out. This is why it would really be that so important to find for yourself which one or path you would be taking on.

For me, then its better to self trade rather than on making yourself depending on AI. Why? Nothing beats out on doing manual trades which at the same time you would really be making
yourself that able to acquire skills and knowledge which would really be enhanced even more which it would really be that so beneficial on longer runs. If you do have
plans on enhancing skills and knowledge then this is the best path that you could take.


Title: Re: Which is more profiting self trade or AI
Post by: mvdheuvel1983 on September 09, 2023, 10:32:14 PM
Self trade is better than AI trade. Just as formula 1 race care driver wouldn't want to let To drive for him or her , I think that so it is with trading. I am not saying that there have not been any wins made by trading bots. I acknowledge that but I am saying is that do not give 100% control to some trading bots.

If I ever want to use trading bots, it will be because I want to test its efficiency on the trading platform. Apart from this , my thoughts is to self trader 99% of the time.


Title: Re: Which is more profiting self trade or AI
Post by: Questat on September 10, 2023, 11:26:19 AM
There is no definitive answer as to whether self-trading or AI trading is more profitable, as it varies from case to case. Both have their advantages and disadvantages, and success depends on how well they are implemented and adapted to market conditions.
Maybe you're right because not all responders have experience with AI trading, they just know it from others. It is not necessary to believe them but just let your experience tell the truth. Besides, either of the two, the results will depend on the trader because AI is programmable, and if the user doesn't have deep knowledge about trading, it never makes sense to use it as well.
I would say that to choose what we think is best for us, we can choose them both if we want.


Title: Re: Which is more profiting self trade or AI
Post by: khiholangkang on September 10, 2023, 01:30:31 PM
There is no definitive answer as to whether self-trading or AI trading is more profitable, as it varies from case to case. Both have their advantages and disadvantages, and success depends on how well they are implemented and adapted to market conditions.
Maybe you're right because not all responders have experience with AI trading, they just know it from others. It is not necessary to believe them but just let your experience tell the truth. Besides, either of the two, the results will depend on the trader because AI is programmable, and if the user doesn't have deep knowledge about trading, it never makes sense to use it as well.
I would say that to choose what we think is best for us, we can choose them both if we want.
Practically it is true, we depend on how well the two are used and applied to the market, but this will not apply to the long term, and you will only depend on AI if you use it continuously, of course it's a bad thing , and again if you want more services than tools on machines, then you will be charged more to make their special service subscriptions, but trading that is done may not be able to get the results as expected.

I do not have a trading experience using AI, but I understand how the impact if you depend on using AI, after the AI you use can not give any more results in the trade, that's where you will become stupid because you cannot do trading activities.


Title: Re: Which is more profiting self trade or AI
Post by: Aanuoluwatofunmi on September 10, 2023, 02:31:16 PM
There is no definitive answer as to whether self-trading or AI trading is more profitable, as it varies from case to case. Both have their advantages and disadvantages, and success depends on how well they are implemented and adapted to market conditions.
Maybe you're right because not all responders have experience with AI trading, they just know it from others. It is not necessary to believe them but just let your experience tell the truth. Besides, either of the two, the results will depend on the trader because AI is programmable, and if the user doesn't have deep knowledge about trading, it never makes sense to use it as well.
I would say that to choose what we think is best for us, we can choose them both if we want.


permit me to say this that maybe people should be allowed to have an experience of the two categories of trading with using AI or by using their personal abilities and acquired trading skills with experience, then later they would have seen the difference and decide on which to use and go for each time they are on it, i know that there's no perfect way we could explain or inform people more better than they having the experience themselves and choose the best they see is more profitable for them to always use, but i know of it had been that easy and softly with the use of a trading bot, everyone would have love to have it as their preferred choice.


Title: Re: Which is more profiting self trade or AI
Post by: taufik123 on September 10, 2023, 02:38:37 PM
permit me to say this that maybe people should be allowed to have an experience of the two categories of trading with using AI or by using their personal abilities and acquired trading skills with experience, then later they would have seen the difference and decide on which to use and go for each time they are on it, i know that there's no perfect way we could explain or inform people more better than they having the experience themselves and choose the best they see is more profitable for them to always use, but i know of it had been that easy and softly with the use of a trading bot, everyone would have love to have it as their preferred choice.
Whether it's good or bad, a personal experience will provide a good lesson for the future.

Trying to do manual trading with the knowledge that has been mastered will provide independence in conducting technical and fundamental analysis, and will train the psychology of trading well.
So that if faced with unfavorable market conditions will have decisions that tend to provide solutions.

The use of AI trading bots is not wrong, it is only as a second option for ease in trading and eliminating trading emotions.
Taking the high road, I will choose to try and use them all if needed.
The combination of AI and manual will result in better trading rates if you know how to manage it.



Title: Re: Which is more profiting self trade or AI
Post by: Patrol69 on September 10, 2023, 02:56:46 PM
Trading is much safer and more profitable if done correctly. Trading based on AI technology remains a financial risk. Whether it is profit or loss I think trading should always be based on self. AI technology incorporates certain systems according to which AI trading basically works. If there is a need to read something outside of the specific system, AI technology cannot do it, but if you trade by yourself, you can do any work required for trading.  

Where it is foolish to rely on others for trading, it is even more foolish to rely on AI technology for trading. Everyone wants to grow their money so we cannot rely on technology to grow money. We have to use our brains and then try to increase our money.


Title: Re: Which is more profiting self trade or AI
Post by: Best-mary on September 10, 2023, 03:22:47 PM
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?

I believe that no one is inherently 'bad' when it comes to trading; everyone chooses the approach that works best for them. Some prefer to trade independently, while others opt for 'copy trading,' where they follow the strategies of successful traders. Additionally, there are those who use trading bots to automate their strategies.

Interestingly, if you observe the comments and experiences of traders, it becomes evident that each method can be successful in its own way. Moreover, within the realm of copy trading, there are advanced options, such as bot-assisted copy trading, available on certain exchanges.


Title: Re: Which is more profiting self trade or AI
Post by: JeffBrad12 on September 11, 2023, 03:52:00 PM
Honestly current gen of AI i don't think is sufficient enough for containing some strange market movements, basically its only good for textbook chart pattern but more than that I doubt it will make best decision out there but of course any strange movement is identified movement in term of chart pattern and eventually gets identified by AI that did self learning.
I think it needs time until AI truly become capable for this kind of task, but until then its always better to make some double checking in regard of the analysis, maybe these AI can be a good pointer to point out which pattern a chart is currently making and then you could simply proceed with your own analysis, this hybrid utilisation of technology is best at early phase like this.


Title: Re: Which is more profiting self trade or AI
Post by: Viscore on September 11, 2023, 05:40:50 PM
Would you prefer to entrust your trade on an automated robot that doesn’t even know what the future will be for trading market? I supposed no because robots will never feel and can’t predict what the future it’s like most especially for a very volatile market. That’s why I don’t see it reasonable trusting AI over self-trading. Although there might be recorded success for AI at some point, but it’s only lesser when you compared it to self-trading. Trading on your own will not only give yourself the chance to improve your trading skills and strategies, but it also creates higher rate of success because of your trading experiences in the market.


Title: Re: Which is more profiting self trade or AI
Post by: TheSpiral on September 16, 2023, 07:17:35 PM
Maybe you're right because not all responders have experience with AI trading, they just know it from others. It is not necessary to believe them but just let your experience tell the truth. Besides, either of the two, the results will depend on the trader because AI is programmable, and if the user doesn't have deep knowledge about trading, it never makes sense to use it as well.
I would say that to choose what we think is best for us, we can choose them both if we want. 

AI bot has no need to consume time of trader because they utilize their own learned strategies but it is also necessary that trader must get the knowledge to do setting of trading bot because if setting become wrong then result will also be wrong.

Proper setting is a key to use AI bots and it can only be possible when the person is expert trader otherwise not every person can use it.
AI bot can only use information which is incorporated in it for proceeding the trade therefore to avoid risk of doing mistakes traders should learn himself and then use his pure knowledge in trading.


Title: Re: Which is more profiting self trade or AI
Post by: Crypto Library on September 17, 2023, 04:00:02 PM
Will you prefer to trade with AI or you prefer to do the trading yourself?
Recently I have seen more topics like this, basically everyone is interested in AI. Artificial intelligence will certainly help and benefit trading. But if someone here tells me which option you will choose AI trading or self-making trading, then I will tell him that your question is absurd. Because no people can do AI trading without technical and fundamental knowledge about trading.
He must gain knowledge about it and then take the support of AI. Big industrial tech companies have started using AI in this way. I think our misconception here is that AI will automatically make us trade with profit.


Title: Re: Which is more profiting self trade or AI
Post by: gunhell16 on September 18, 2023, 02:26:34 PM
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?

Maybe the AI system is effective in other things, but when it comes to trading here in cryptocurrency, I can say that it is not effective. Because I honestly think that AI trading and trading bots are almost the same and there is no difference. I'm not the only one who has said this in the crypto space; there are many. I just don't know if the OP notices that or not.

But I also can't deny that AI is expanding in these times. Even the latest that I found out is that there is AI livestreaming where you can earn a large amount of money, but it seems like the job is killing you because you are being made into a robot by viewers who will throw stones or give you gifts.


Title: Re: Which is more profiting self trade or AI
Post by: ultrloa on September 18, 2023, 02:44:24 PM
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?

Maybe the AI system is effective in other things, but when it comes to trading here in cryptocurrency, I can say that it is not effective. Because I honestly think that AI trading and trading bots are almost the same and there is no difference. I'm not the only one who has said this in the crypto space; there are many. I just don't know if the OP notices that or not.

But I also can't deny that AI is expanding in these times. Even the latest that I found out is that there is AI livestreaming where you can earn a large amount of money, but it seems like the job is killing you because you are being made into a robot by viewers who will throw stones or give you gifts.

No accurate system or AI thing has been develop so this will never guarantee anything to us for now. But since as we know that AI technology is expanding then maybe in future we can see that AI became a useful tools for traders. But for now traders especially those newbies should not look for any profitable bots since they will just end up in the hands of scammers.
Self trade is the most efficient method that can help us to earn we just need to be active for noticing the changes of the market and everything will be fine with that us especially if we are planning to make trading as a career.


Title: Re: Which is more profiting self trade or AI
Post by: gunhell16 on September 19, 2023, 01:04:29 PM
Honestly current gen of AI i don't think is sufficient enough for containing some strange market movements, basically its only good for textbook chart pattern but more than that I doubt it will make best decision out there but of course any strange movement is identified movement in term of chart pattern and eventually gets identified by AI that did self learning.
I think it needs time until AI truly become capable for this kind of task, but until then its always better to make some double checking in regard of the analysis, maybe these AI can be a good pointer to point out which pattern a chart is currently making and then you could simply proceed with your own analysis, this hybrid utilisation of technology is best at early phase like this.

It's true what you mentioned, dude; it's different from what we actually feel and experience doing natural trading here in cryptocurrency. In self-trading, we can more easily understand if there is something wrong with our strategy. And besides that, in the actual trade that we do ourselves, our thinking is sharpened on how we should improve as individual traders.

Compared to AI, there is nothing like that. How can we say that using AI if we learned from the wrong strategy we used and didn't feel that we made a mistake? This is the difference between the two.

Most of them, for sure, prefer self-trading because it has been tested by previous trading experts.