Can Crypto trading bot beat human intelligence?

[Yasien Sayidiman]

Never ever!

but crypto trading bot will help you once sleeping or away from keyboard/mobile 

[Janation]

Never ever!

but crypto trading bot will help you once sleeping or away from keyboard/mobile 

Bot is a great help but it can't ever beat a human intelligence.

Trading bots is a great help for those investors that got their hands full of their jobs, things that they need to be done in that day without looking back at the site or their computer. There are some disadvantages and advantages of bots, here is a link that gives you an information about crypto bots.

https://coinconomist.com/en/trading-robots-advantages-and-disadvantages/

[HELLOFF]

I have already made sure that those cryptocurrency users who use the trading bot grow in their development as a trader and do not become such professionals that you can become gaining experience personally and not using the program for trading.  One way or another, artificial intelligence is not yet developed enough to become smarter than humans.

[RealMalatesta]

Bots are only programmed to perform a defined function. Therefore, it doesn't have the manipulating ability if anything goes wrong or of emergency. Bots are not human being and can't beat the imaginative and spontaneous ability of human being.

It however does many things at same time as programmed though.

It depend on the programmer, I have seen bot perform some task that is unbelievable for humans to ever do and they trade in a very tight market perfectly well, I mean those who are developed by a very reputable firms because not all bots that you see in the market should be called a bot, some are just games software because they lack the ability to make a trade successful thereby making the buyer of such bot to lose money.

there is one thing anyway that we need to keep in mind, they will always be machine and there would still be some functions they cannot perform that humans will, so if I was such a trader, I would always use both human and bot intelligence on any trade that I wishes to optimize the profit from, I believe that the combination of these both would be powerful.

[TheBusstop]

Bots are unreliable because it was created by human beings to execute an order giving to it.  although physical emotions sets in when human do trade but bots are not affected by such attitude.  i do say bot can be useful for traders that are not always following live charts or people that spend less time on trading.
Personally i used bot to trade but i must say i am yet to reap it's benefits.

[Gridness]

Trying new trading tools is possible, but we must be wiser in using them. Use with a small capital first if you want to use it

[princerepon]

Trading bots help in executing the trades automatically and they use algorithms to detect trends of the market, on the basis of that you can execute the trades.
One of the benefits of bots is they trade based on analysis rather than emotions to avoid panic buying and selling as bots are not influenced by the psychology of a trader.
Artificial intelligence and Machine learning help bots to constantly develop and evolve, but what I think is there is a long way to go to beat human intellect. Human touch is very significant as a good trader can feel for the markets. If something unexpected is happening in the market then humans can adjust the trading plan accordingly, where the bot will run on the rules that are set. Recently one of my friends introduced me to a trading tool named SmartBotCoin.io. I haven’t used this tool but bots or tools can still be helpful in some part of trading so I decided to check out the features on their website look good. I have seen many potential scams in trading tool category, so I want to be sure before using any crypto trading tool. Do you think it's worth trading on this tool?

Science first place i don't believe that kinda app or tools. Because i don't what kinda algorithm use in those apps or which one and for why they build for it. Whom build those app if they are scammer then i'll be dead meat. Bots or tools have not an emotion, i think this is the only positive thing i can see. And yes they can not take decision if some thing going to bad happen. May be some times they can help for some profit but in my opinion is best idea to avoid those things.

[Jating]

But who are going to teach bots and make decisions for us? It is still us who has far greater control of everything. We have remember that bots is useless if you even don't have a clear idea on what parameters to put in the first place. As far as speed of course, bot has the advantage specially if you are doing arbitrage, but as far as learning, it is still those people behind that powered the bots to make the decision. So for me, nothing beats the superiority of human intelligence.

And with that said, it is not really advisable for a beginner to try and experience with bots because it could end up in a disaster. Not saying that bots is bad or something it has its advantage and disadvantage, but for a newbie trader, I would say learn first some basic trading principles.

[Sharon121212]

Trading bot is a customised intelligent robot programmed to specific tasks. Trading bot is urgently becoming a force to reckon with. The have shown to be advantageous but I still don't believe it can beat man's intelligent.
The bottom line is this trading bot are man made( artificial) And only stick strongly to data giving to it but there comes some trading action that requires one to think out of the box(bot do not think)

[MonsterV]

If you have seen many potential scams in trading category, why do you still try to trust trading tools like this? there are hundreds of trading bots made by professionals but look, does anyone provide passive income? only make you lose.

Maybe you have seen some features in the trading bot and it looks good but it's natural, they will always provide anything that can attract their customers. I used to often try various bots, for the start it was ok but in the long run it sucked my money.

Maybe the bot can beat human intelligence, but I am not sure about that because bot doesn't have a feeling to decide. But a human does have the feeling to calculate every possibility that might happen later so a human can make another solution if something bad happens. I still prefer to choose using with our analysis than to use a bot because the existence of the bot now still in the development and we don't know how accurate the robot to trade. But if the robot can improve his ability to predict more than 40%, then I think the robot can beat human but not in every aspect.

That's right, feelings are one part of fundamental analysis. If we only rely on technical analysis based on mathematical calculations, I think there will be many wrong calculations because they are all influenced by the influence of human feelings (fundamental), robots will never feel this because they are only superior in calculations.

[omonuyak]

Trading has been there before the advancement in technology and people have been making money through trading by developing their understanding and skills on the right time to buy and sell in other to be able to make profits from the market. From the look of things it is very clear that bot will never replace  human beings in trading as trading is not mechanical but emotional! Trading bots cannot analysis human’s emotions and trading decisions are made base on emotion.

[South Park]

The only real advantage a bot can confer on their users at the moment is probably the speed of execution.If they were really more successful atmaking more intelligent trade decisions, there would have been more traders making use of them, intelligent trade in cryptocurrencies are a combination of both technical and fundamental analysis, news on fundamentals or announcements is not something a bot can easily and promptly analyse

It is my understanding that most trades are being performed by bots and not humans and this is not a new tendency at all, in the stock market this has been the reality for decades, so the advantages of bots over humans cannot be underestimated, while a human should be able to trade the same strategy the time it will take a human to process the information in front of him is several times longer than the time a bot will need to process that same information and this is critical if you are trading using a hourly chart or anything shorter than that.

[Assface16678]

Never ever!

but crypto trading bot will help you once sleeping or away from keyboard/mobile 

Bot is a great help but it can't ever beat a human intelligence.

Trading bots is a great help for those investors that got their hands full of their jobs, things that they need to be done in that day without looking back at the site or their computer. There are some disadvantages and advantages of bots, here is a link that gives you an information about crypto bots.

https://coinconomist.com/en/trading-robots-advantages-and-disadvantages/

Agree on this and from the link, it quoted  " Whatever car was perfect, but still it was created by man! "
But also take note that man has stamina and time to rest this is why bot are created because unlike bots it can function 24/7
Everything has advantage and disadvantage its on the person who can utilize it properly.

[rickyNmorty]

Trading bots help in executing the trades automatically and they use algorithms to detect trends of the market, on the basis of that you can execute the trades.
One of the benefits of bots is they trade based on analysis rather than emotions to avoid panic buying and selling as bots are not influenced by the psychology of a trader.
Artificial intelligence and Machine learning help bots to constantly develop and evolve, but what I think is there is a long way to go to beat human intellect. Human touch is very significant as a good trader can feel for the markets. If something unexpected is happening in the market then humans can adjust the trading plan accordingly, where the bot will run on the rules that are set. Recently one of my friends introduced me to a trading tool named SmartBotCoin.io. I haven’t used this tool but bots or tools can still be helpful in some part of trading so I decided to check out the features on their website look good. I have seen many potential scams in trading tool category, so I want to be sure before using any crypto trading tool. Do you think it's worth trading on this tool?

As a busy individual I am just scalp trading every time I have a free time, So I think that trading bot will help me to trade even though I am working or studying. I tested smartbotcoin as I see here in this post and this bot is the cheapest among all other bots out there and surprisingly this bot is very easy to use as a beginner in using trading bot. In just one day I am familiarize on smartbot platform and I making profit using this bot.

[Kanda Yu]

for those who have high intelligence, I don't think it can be beaten by trading bots. The bot only does its job in one condition, but the market is flexible with various conditions, so I think the level of intelligence will be better than the bot. as long as I pay attention, bot users will usually experience a big loss if it lasts a long time

Bots only follow the rules made by humans and there is no way for bots to defeat human intelligence. Bots are only tools used to make our work as humans easier including in trading activities.

Exactly that is why having a bot for your trade to operate automatically will make your work less tedious. Besides having a bot can be useful anytime that is why I used one of this platform which is Smartbotcoin which not an ordinary bot but has a lot of interesting features which can you never be seen in other platforms.

[dearbesz1219]

That is an interesting question. And I think that this is going to be a reality.
Bot could work 24/7, while you can work 20 minutes and then you are loosing a attention, patience and so on. Bot can work while you are sleeping and will not miss any good entry point.

[timmmers]

You are talking about Smartbotcoin? What is the main advantage over other trading bots?
I am pretty new in this industry and if someone helps me how to start with a trading I would be very thankful.

[LeGaulois]

...

It's surely not something very technically advanced currently, but in a while, we might very well see more powerful bots coming in, such as the bots banks use for HTF. In cryptos, we call it bots, in finance we call it an algorithm. And it can cost several million to develop.
When we see how the cryptos market is being invaded by the finance industry, we shouldn't be surprised to see their method coming along with it.

And I disagree, Robots can analyze human feeling very well, Microsoft Flow is an example for the mass public but there are much more developed

[Chrystora123]

the crypto trading bot is made by human intelligence, and to make the best bot a designer must experiment many times to find the right formula. so I don't think trading bots can beat human intelligence

It's surely not something very technically advanced currently, but in a while, we might very well see more powerful bots coming in, such as the bots banks use for HTF. In cryptos, we call it bots, in finance we call it an algorithm. And it can cost several million to develop.
When we see how the cryptos market is being invaded by the finance industry, we shouldn't be surprised to see their method coming along with it.

And I disagree, Robots can analyze human feeling very well, Microsoft Flow is an example for the mass public but there are much more developed

from year to year robots are increasingly sophisticated, able to analyze and even almost be able to feel human feelings, for example, Robot Sophia who joined the Dubai police and become a citizen of Dubai.

[1Referee]

Bots only follow the rules made by humans and there is no way for bots to defeat human intelligence. Bots are only tools used to make our work as humans easier including in trading activities.

Bots can analyze what happened in the last couple of years to determine the probability of a certain outcome in less than a second. You can't possibly beat that. We, humans, also do nothing but analyze the charts to determine the probability of a certain outcome, but we need a minute or so to come to the same conclusion, and there is always a bias involved when we make a decision. Bots don't have that problem.

How much time do you think you need to figure out that the trend changed and you need to adjust your positions? This all might take you a couple of minutes, while a bot can do it in a second, perhaps two because it still needs the exchange to be responsive enough.