Which is more profiting self trade or AI

[Nrcewker]

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.

[tjtonmoy]

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.

[WatChe]

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.

[Vivageneviv]

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.

[goldkingcoiner]

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.

[ScamViruS]

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.

[jaberwock]

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.

[AnonBitCoiner]

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.

[Yamifoud]

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.

[eaLiTy]

~
 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.

[Fivestar4everMVP]

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.

[virasog]

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.

[GreatArkansas]

(...)
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

[Silberman]

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.

[LogitechMouse]

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.

[Rivaldine]

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.

[suzanne5223]

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.

[Dr.Bitcoin_Strange]

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.

[nurilham]

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.

[Ziskinberg]

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.