Can Crypto trading bot beat human intelligence?

[Julien_Olynpic]

If you take the best bot and the best trader in the long run, I think that the robot will not have a single chance to win. A robot is just a program that executes an algorithm embedded in it by a person. The robot does not have flexibility, there is no intuition, it cannot do research, produce fundamentally new information.

[1714894169]

1714894169

[1714894169]

1714894169

[1714894169]

1714894169

[1714894169]

1714894169

[1714894169]

1714894169

[iMark]

If you take the best bot and the best trader in the long run, I think that the robot will not have a single chance to win. A robot is just a program that executes an algorithm embedded in it by a person. The robot does not have flexibility, there is no intuition, it cannot do research, produce fundamentally new information.

Logically, a robot is made by a person of high intelligence. there is no technology smarter than the made. Although the robot does not have the emotional nature and is not affected by technical things, but I think traders who have the skills will win, because the robot does not have a flexible strategy like human have.

[BitHodler]

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.

Finally a post that makes sense. Markets in general are dominated by institutional algorithms where human input is just there to improve the algorithms further. The rest that trades manually are retailers, market makers, etc.

There is a reason we get support and rejections from moving averages at the very exact point of contact. Humans don't do that, they can only aim to buy as close to the average point as possible. A hit is just a lucky shot.

I recall having seen an old wall street documentary of the early 2000s where they explained how high frequency trading works, why this type of trading happens through algorithms, etc. So indeed, it's not new at all.

[Kirito-kun]

I am interested with this topic especially in using bots in the trades because this can change everything in the crypto-industry. Trading alone is difficult, even for the 'veterans' in this industry but with this new innovation, I can see that cryptocurrency has more things to show and create for the betterment of not only the economy but also the development of technology. Bots could help the traders to make decisions and find the right strategy in a situation that a human mind cannot comprehend easily.

[joganuts]

Definitely yes, trading bot run for a long time ago and it has proven a lot. Although the intuition of human's mind is unique than anything, its way of processing things are extent to the point that it can do anything that human intellegence can do and it can be also better. Trading bot platform is one of the most amazing invention that human have ever created. It helps a lot as it can work 24/7.

[plvbob0070]

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?

Trading bots are actually helpful tool in trading and there are a lot of them, most of them are pretty expensive. I'm interested about this trading bot because i've seen some information about this before, its great because we can easily track and manage our investments. It also has high security, there are a lot of great trading bots you just need to find one with amazing features.

[pleasedont]

Human created the BOTS so why are we arguing about it, We just need to use the bots correctly and efficiently like what the smartbotcoin did on their platform. They minimizes the loss while trading, like cutting the edges for every trade.

[EclaireWithLove]

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?

100% agree! AI objectively checks everything, and also remove any human's gut feeling(which is very subjective and also fail more often than not). I am currently using other trading tool and would also to check your tool if this is better. Hope your tool will help me profit more 

[MaterialMouse69]

Possibly it can and same thing that it might not. It might surpass human intelligence in a sense that due to the maximal program put into the processor of the bot, it can duly surpass human intelligence. While on the other hand it might not due to the incapacity and limitations that are made by the human programmer himself. But as of now, anything can be possible due to the increasing progress of our technology proven to the existence of crypto trading bot that is highly have technical analysis on trading platforms.

[Da_ShivamGarg]

Trading bots are helpful in things which we can do as a human-like backtesting years data in seconds and then analyzing the best possible way to earn a profit using machine learning algorithms, but the question is that there are many trading bots out there in the market, how you gonna differentiate the best one among all so the bot having best security where you feel like your funds are safe, and one having good AI algorithm that can perfectly analyze market even when it gets manipulated.so I think Smartbotcoin have all feartures to make it one of best.

[SirLancelot]

The question should be who created these bots ? – humans right? So, if humans are the ones that created these bots, don’t you think that humans will be able to do better than the bots they created? I do know that bots are automated and they carry out trades based on the orders they were given, but does that make them any perfect than when the trade is being carried out by humans?

I have seen trade bots work before and they are still relying on the same luck that we humans are relying on🧐 yup I have seen a lot of them bots and they are not even worth the hype. Cryptocurrencies are near unpredictable, so you can’t even predict them as a human not to talk if ordinary bots lol.

I once saw someone do the test with several bots and most times were nothing, then loss and profit at times. At the end you don’t get much profit or it’s still loss. So it’s not even worth the hype that people gives it. It’s still your choice if you feel like you want to make use of bots, at least they will free you of the stress of trading by yourself and doing the math. But don’t think they are going to make you some huge money overnight , like some people would make it seem.

[cryptobedi]

It is one of the reasons why I built this platform. I wanted to automate the process for myself rather than having to do this manually. The platform ended up becoming much larger than that so i decided to launch it to the public.

the best thing at the moment that bots provide is the speed of reaction and execution.
I personally combine 2 strategies for my stock as well as crypto portfolio that has helped me minimize risk and still make gains.
Daily rebalancing in combination with Buy Low and Sell High.
Rebalancing ensures that my portfolio maintains the perfect balance of the asset allocation strategy and buy low sell high ensures that I buy into the dips and sell during the rallies.
I have been using it for years and it has always helped beat the market.

In the long term this strategy will win as compared to hodl. Only issue is that it is a long term strategy. Frankly there is no get rich today strategy and if someone is selling you that, best to just stay away from that.

We also have a backtesting tool where you can combine these 2 strategies and test it out - https://app.smartbotcoin.io/#/backtest

1. Long term - usually beats HODL
2. Short term bullish market - makes a profit but less than HODL
3. Short term bearish market - beats HODL

[ClvrGmr]

Yes bots ease the lives of a trader but still they need their own strategy. In the other hand, smartbotcoin offers bots which are very useful for people who trades and at the same time works. They can use bots while they are away and minimize the risk of a potential loss and monitor live when they are at home. For me why not try then conclude, knowledge comes greater with experience

[micher143]

Human intellectual is always better than artificial intellectual because artificial is just a man made product using our own intellect.

When it comes to trading of crypto currency, human being is always the best in developing, so I would not agree on artificial intelligence, because human being connections by means of trading is another thing and has a great effect on our purpose

[CODE200]

Definitely yes, if the trader is a beginner or not exactly taking care of his money for example not thinking of every step he take, it might lose his money. But bot are artificial intelligent trader in which they can help you to trade safely just like SmartBotCoin.

[Slow death]

Do you think it's worth trading on this tool?

You made a good point about bots. If a person uses bots, they should not depend 100% on the bot, that person should match the bot's abilities with the skills they have. Let's imagine that you have a bot that is trading in ETH and the next day you read the news that ETH devs are moving away from the project, you will know that the price of ETH will fall, but what about the bot? will the bot be able to analyze that the price will have a big dump? I believe the bot will not be able to analyze in time, which is why the best option is to combine the bot's skills with your skills.

Answering your question: I believe it's worth using the bot, but always combine the bot's skills with your own.

[Yamifoud]

Definitely yes, if the trader is a beginner or not exactly taking care of his money for example not thinking of every step he take, it might lose his money. But bot are artificial intelligent trader in which they can help you to trade safely just like SmartBotCoin.

In that case, trading bots are a big help for them to make a decision and that could make bots over human intelligence. But we can't just rely on this at 100%, bots can't extend its understanding ahead of time unlike we did. To have better outcomes of our trades, it is very effective to combine bots decision and our knowledge.

[Alpayno]

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?

I think not just human intelligence and trading bot has different characteristics and also the one who created the trading bots, and also trading bot is giving an assistance to the traders so I think comparing is not necessary, so yeah trading bot is just assisting the traders while the human intelligence are in the back that developed those good trading bots.

[Motorista]

Definitely no because we humans are the ones who are responsible in making an algorithm for an AI or Artificial Intelligence. While Crypto trading bot only generate the strategy which setup by a trader for him to manage on their trades, but with the combination of a human intelligence and crypto trading bot we may create or make a successful trade with a less tedious work.

[doedz]

The role of bots in trading only represents human analysis, bots do not work automatically in trading.
Humans have a role in determining the sell and buy area and the bot executes the order, so it is not true if the bot will master human thinking in trading.