avikz (OP)
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October 07, 2019, 04:52:26 PM |
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The question is as simple as the subject line,
Do you think AI enabled trading bot really exists?
We often see websites with such claims that they have developed a AI enabled trading bot which generates income for them in an automated manner and anyone who invest in their platform. I strongly believe that these kind of schemes are just cleverly disguised ponzi schemes and no such trading bot really exists.
What's your view on this? Have you ever experienced any such trading bots that generates automatic income for you?
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milewilda
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October 07, 2019, 04:58:34 PM |
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What's your view on this? Have you ever experienced any such trading bots that generates automatic income for you?
Total BS! If these so called AI trading Bot exist then they would just used it for their own good and wouldnt tend to share out publicly.What you say? |
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adroitful_one
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October 07, 2019, 06:28:22 PM |
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There very well could be. You could develop some kind of neural network to evaluate Bitcoins history and then it will eventually learn what works. It is possible, but I really doubt it. You can develop an AI for a specific task fairly easily. There's actually a lot of specific AI in everyday use now days. You can see it by going to Amazon and looking at their recommendations for you. That's a specific AI. It's made for one purpose and one purpose only, to recommend you items to purchase.
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crairezx20
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October 07, 2019, 06:57:44 PM |
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I think they are just developed what other automated tools do like the gunbot automatic trading bot which exists until now but what is the difference of AI enabled to this trading bot which you can set only if what strategy do you want to automate the trading bot.
What I think for AI enabled is that they automate the trading depends on the market condition where you don't need to setup the AI trading bot to choose what strategy they should do.
So it can be possible and really do exist and the only you need to do is to connect APIs to AI enabled trading bot and let your coins grow. Even none experiened traders can use this but the only problem I think is that AI enabled trading bot still not 100% can make you profit because the market condition is not always the same.
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coinfinger
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October 09, 2019, 04:15:10 PM |
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Hey OP, it would be better if you stop trusting anyone, no matter what or who they claim to be. Sometimes these things are just a way to get money out from people. There are lots of scammers around these days and they even run adverts and pretend to be legit companies. I don't even have an interest in bots not even AI, I always prefer to do trading by myself. So, I will advise you to do the same thing, you should study crypto trading and start the work by yourself, instead of looking for someone to do the work for you. You shouldn't be jumping into whatever you see, stop trusting them quickly, they are mainly scammers. If these so called AI trading Bot exist then they would just used it for their own good and wouldnt tend to share out publicly.What you say?
He didn't say that they are selling it. He said it's a company that claims to have an AI bot that trades for them and their investors. So you will be paying for their service. When you invest your money and pay for the service you will be able to have access to the AI bot, but not physically. And you won't be the one controlling it. I don't trust such people. |
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DeathProxy
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October 10, 2019, 09:07:14 PM |
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Yes they do exist but using AI enabled bot to trade is not that advisable at all time. Simple reason for this is thaf the cryptocurrency market is not yet stable as there are alot of volatility associated with it. The AI bot is automated and programmed to execute a single and repetitive commands at intervals, with the volatility of the market it will be difficult for the bot to keep up which might lead to subsequent losses
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leowonderful
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October 10, 2019, 09:23:03 PM |
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I don't doubt they exist, but I doubt there's any truly good trading bots utilizing AI available to the general public; anyone that has access to this sort of technology would likely just use it for his/her own gains, or it'd be sold to just a few people with large trading balances and would be kept private. There's likely more money to be made running it than whatever can be gained from selling the bot to the public.
As for whether or not I've used any trading bots using AI, no. I'm still running more traditional trading bots such as Gunbot, and they're working very well for me at the moment. I've seen a few bots claiming to use AI out there, but most of them seem to have fabricated success or very limited success.
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LeGaulois
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October 10, 2019, 10:06:05 PM |
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Too long to post about it but if you can google "dark fiber" "high trading frequency" or "BlackRock" You will discover it already exists. They don't even call it "bot" anymore but an algorithm. And I'm not exaggerating if I tell you it costs a million $ to develop. You can understand easily why it's not public...  You can expect to see it on the cryptos market too, there's no reason, perhaps not yet but don't worry where there is money there is always someone to get it. |
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asyakashi
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October 10, 2019, 10:33:06 PM |
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I'm increasingly curious about this topic, because trading with bots I've never done.
but it requires some explanation about the cost and the script used.
I'm waiting for some people who are adept at sharing their experiences here.
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glendall
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October 11, 2019, 01:16:11 AM |
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I have tried this kind of bot, and not all trading bots actually use AI, but there are some that are very well developed, I don't say it's perfect because sometimes there are some that have to be upgraded, and so far I use very good trading bots , even though the profit taken per trade is only 1 to 2%.
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jmigdlc99
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October 11, 2019, 01:31:16 AM |
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The question is as simple as the subject line,
Do you think AI enabled trading bot really exists?
We often see websites with such claims that they have developed a AI enabled trading bot which generates income for them in an automated manner and anyone who invest in their platform. I strongly believe that these kind of schemes are just cleverly disguised ponzi schemes and no such trading bot really exists.
What's your view on this? Have you ever experienced any such trading bots that generates automatic income for you?
AI trading bots are quite popular now and this is very possible. The right question would be, to what extent is the AI trading, what is its trading strategy? is it profitable? A trading bot that learns by itself seems like too much from the movies but there are simpler trading bots out there that can be made to make profit. An example of which is dump and pump trading bot which simply buys dumps or sells pumps whenever it detects massive volume and price change. |
0xacBBa937A57ecE1298B5d350f40C0Eb16eC5fA4B
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CryptoBry
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October 11, 2019, 02:27:55 AM |
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There now existing programs utilizing AI for trading purposes. However, it must be noted that using AI-powered trading bots does not mean that risks are not eliminated. Just like ordinary manual trading, using software even if already utilizing the best and the latest Artificial Intelligence and Augmented Reality technologies will not guarantee a risk-free and all-profit operation. I know of the same software being used in forex trading and I think some are getting good results but there are days when drawdown can happen. I heard one or two mention of AI-enabled software for cryptocurrency trading but I did not take look because some are just hyping especially those affiliates who got interest in every sale they can make.
The bottom line here is this concern: Will the software or program produce net profit in a full month's use and if it does then it is good. Again, there are many scammers and frauds out there and I am sure there are those peddling hyped and ineffective programs so we really have to be careful because it is our hard-earned money at stake.
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febriyana
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October 11, 2019, 03:53:24 AM |
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The question is as simple as the subject line,
Do you think AI enabled trading bot really exists?
We often see websites with such claims that they have developed a AI enabled trading bot which generates income for them in an automated manner and anyone who invest in their platform. I strongly believe that these kind of schemes are just cleverly disguised ponzi schemes and no such trading bot really exists.
What's your view on this? Have you ever experienced any such trading bots that generates automatic income for you?
Yes that is exists. But the question is it really work? I mean it's profitable or not, if we see to research and develop AI is not cheap. Also they have limited action to execute in buying and selling process. So i think that will not profitable in long term, the human is always made mistake in choosing to buy or not in market, that is also with AI. If trading in cryptocurrency, i believe AI will made many mistake. |
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ChrisPop
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October 11, 2019, 06:55:17 AM |
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There definitely are machine-learning trading bots in the market, but that doesn't mean they work perfectly and the profit is guaranteed. The market is in a constant changing condition. You won't find a moment when there are the same traders in the market as they were yesterday for example. Through an AI bot a trader can automatize his strategies and the AI bot will optimize the strategy by collecting information about the market behaviour in different scenarios. Again, AI bots shouldn't be viewed as get rich schemes because they are NOT.
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