Would you use AI trading assisting tools?

[Vivageneviv]

Increased adoption of crypto has given way to more investors and traders trooping into the space to explore the vast opportunities. While crypto trading may be lucrative, only a few section of traders record significant profit consistently, largely because of the ambiguous nature of analysing charts and keeping tabs on cryptocurrencies.

In recent times we’ve seen traders opt for different trading tools and bots to raise their efficiencies and maximise their profits, but are they really effective compared to self-trading? I recently got wind of Aimbot as Bitget announced its listing, seeing it is one of those projects that promises to aid traders achieve improved results I decided to research and learn from the more experienced traders if they’ve researched this project, and their bias on AI trading assisting tools like this one.

[1714966700]

1714966700

[jeraldskie11]

Increased adoption of crypto has given way to more investors and traders trooping into the space to explore the vast opportunities. While crypto trading may be lucrative, only a few section of traders record significant profit consistently, largely because of the ambiguous nature of analysing charts and keeping tabs on cryptocurrencies.

In recent times we’ve seen traders opt for different trading tools and bots to raise their efficiencies and maximise their profits, but are they really effective compared to self-trading? I recently got wind of Aimbot as Bitget announced its listing, seeing it is one of those projects that promises to aid traders achieve improved results I decided to research and learn from the more experienced traders if they’ve researched this project, and their bias on AI trading assisting tools like this one.

The only advantage of an AI to humans is that they don't have emotions. Emotional instability is one of the main reason why a trader lose a lot of money.

I believe that there are still traders who rely their trades to AI but I think it's best only when you want to trade but you don't have time for it. If you're a disciplined person who has patience, you have a huge potential in trading. You need to have a strong mindset in trading to be profitable because your good analysis will be useless without it.

[Text]

As a Quality Assurance and Business Analyst, I would definitely consider using AI trading assisting tools, such as Aimbot. AI bots can help traders to automate tasks, analyze data, and identify trends, which can all lead to improved trading performance. However, it is important to do your research and choose a bot that is reputable and has a good track record. I would also recommend starting with a small amount of money when using an AI bot so that you can learn how it works and make sure that it is a good fit for your trading style.

Using AI trading tools can be helpful, but it's important to be cautious. They might assist, but success still depends on your knowledge and strategy. It's a good idea to research and understand any tool before using it.

[xSkylarx]

AI is really helping traders because it can easily calculate or analyze the market, which is sure to be integrated into the bot. AI is only for analyzing, and bots are for automation or implementing your strategy, and what I've noticed is that your biases will be more clear if you use AI to analyze them. This is where the price goes, and if that is also confirmed by AI based on the historical data, then for sure there is a high chance that you'll win that trade. But again, we expect too much; data is always data, and markets are unpredictable, so AI would still make mistakes.

[Iamcrypticguy]

Increased adoption of crypto has given way to more investors and traders trooping into the space to explore the vast opportunities. While crypto trading may be lucrative, only a few section of traders record significant profit consistently, largely because of the ambiguous nature of analysing charts and keeping tabs on cryptocurrencies.

In recent times we’ve seen traders opt for different trading tools and bots to raise their efficiencies and maximise their profits, but are they really effective compared to self-trading? I recently got wind of Aimbot as Bitget announced its listing, seeing it is one of those projects that promises to aid traders achieve improved results I decided to research and learn from the more experienced traders if they’ve researched this project, and their bias on AI trading assisting tools like this one.

The only advantage of an AI to humans is that they don't have emotions. Emotional instability is one of the main reason why a trader lose a lot of money.

I believe that there are still traders who rely their trades to AI but I think it's best only when you want to trade but you don't have time for it. If you're a disciplined person who has patience, you have a huge potential in trading. You need to have a strong mindset in trading to be profitable because your good analysis will be useless without it.

True. emotional instability appears to be a key factor leading to traders losing money, in my opinion. Straying from one's trading strategy and lacking patience contribute to this. However, I believe that leveraging AI and tools like aimbot can enhance trading intelligence and performance.

[_act_]

Then why use the AI tools when I have learn how to trade myself? If you learn how to trade, you do not need any AI tools. If you do not know how to trade, you can use AI tools to learn how to trade. Example is chatGPT.

For helping in trading, bots are still researched to be better than AI. But if you do know how to trade, you will not rely on any. Everything in trading including the calculations is done by me.

I can even see some bots to help people DCA. Is that how lazy the people of this day are?

[Queentoshi]

Increased adoption of crypto has given way to more investors and traders trooping into the space to explore the vast opportunities. While crypto trading may be lucrative, only a few section of traders record significant profit consistently, largely because of the ambiguous nature of analysing charts and keeping tabs on cryptocurrencies.

I have seen somewhere that to make your analysis in trading simpler, seek to identify a simple indicator to look out for each time you want to make analysis so that the analysis process before trading does not becoming too difficult or confusing.

In recent times we’ve seen traders opt for different trading tools and bots to raise their efficiencies and maximise their profits, but are they really effective compared to self-trading?

Trading tools and bots can improve your efficiency after you have had a very good knowledge of self-trading. But if you do not know enough yet, and just want to depend on bots and tools, bad trading decisions can still be made, losses also can still be made.

[Vivageneviv]

As a Quality Assurance and Business Analyst, I would definitely consider using AI trading assisting tools, such as Aimbot. AI bots can help traders to automate tasks, analyze data, and identify trends, which can all lead to improved trading performance. However, it is important to do your research and choose a bot that is reputable and has a good track record. I would also recommend starting with a small amount of money when using an AI bot so that you can learn how it works and make sure that it is a good fit for your trading style.

Using AI trading tools can be helpful, but it's important to be cautious. They might assist, but success still depends on your knowledge and strategy. It's a good idea to research and understand any tool before using it.

I agree with you, one can not be overly reliant on these tools, it's important to learn self-trading and complement it with these tools. Aimbot I've seen does so well in identifying rugs and honey-pots, and is available 24/7 etc. So bots like this is not just reserved for novices but the experienced traders can do with the benefits i highlighted, plus the fact that investors need do no work but share in profits for just holding the token.

[palle11]

Increased adoption of crypto has given way to more investors and traders trooping into the space to explore the vast opportunities. While crypto trading may be lucrative, only a few section of traders record significant profit consistently, largely because of the ambiguous nature of analysing charts and keeping tabs on cryptocurrencies.

In recent times we’ve seen traders opt for different trading tools and bots to raise their efficiencies and maximise their profits, but are they really effective compared to self-trading? I recently got wind of Aimbot as Bitget announced its listing, seeing it is one of those projects that promises to aid traders achieve improved results I decided to research and learn from the more experienced traders if they’ve researched this project, and their bias on AI trading assisting tools like this one.

The only advantage of an AI to humans is that they don't have emotions. Emotional instability is one of the main reason why a trader lose a lot of money.

I believe that there are still traders who rely their trades to AI but I think it's best only when you want to trade but you don't have time for it. If you're a disciplined person who has patience, you have a huge potential in trading. You need to have a strong mindset in trading to be profitable because your good analysis will be useless without it.

I favour self trading also and the points that you have dropped here is the reason those who trade with Al do that basically because they don't have chance to monitor the trade or they don't have the emotional courage to trade. Another set of those using bots are those who want to earn from trading and don't want to learn. The emotional majority of a trader is well tasted when on a self trade, the volatility and pumps could make a trader jump in and in same minute jump out whilst the trade should have been in their favour but with Al, this is not the case.

[Woodie]

AI, bots whatever it is you choose to call them follow instructions or a trading plan based on what you the trader follows , and if non of the requirements are met then a trade will not be open which is the plus side...and if this is coded well it might be considered better than trading manually as emotions and fear could get the better of us which could force us to missing out on winning trades, and in this scenario a bot will be a better choice.

So as much as bots have a bad name with trading they have their advantages if they are custom made based on your strategy and not some third party trading style or bought off the shelf.

[Zee27]

As a Quality Assurance and Business Analyst, I would definitely consider using AI trading assisting tools, such as Aimbot. AI bots can help traders to automate tasks, analyze data, and identify trends, which can all lead to improved trading performance. However, it is important to do your research and choose a bot that is reputable and has a good track record. I would also recommend starting with a small amount of money when using an AI bot so that you can learn how it works and make sure that it is a good fit for your trading style.

Using AI trading tools can be helpful, but it's important to be cautious. They might assist, but success still depends on your knowledge and strategy. It's a good idea to research and understand any tool before using it.

If someone like yourself; a quality assurance and business analyst can endorse the use of AI trading like Aimbot then it is definitely something worth looking into. I casually just invested in the token and wasn't going to utilize the platform but I guess now I will.

[Faisal2202]

Increased adoption of crypto has given way to more investors and traders trooping into the space to explore the vast opportunities. While crypto trading may be lucrative, only a few section of traders record significant profit consistently, largely because of the ambiguous nature of analysing charts and keeping tabs on cryptocurrencies.

You must be a promoter or some ambassador of Bitget because i recently replied on one of your replies in which you mentioned Bitget and now i checked your profile and amazed to see in almost every post you mentioned the name of Bitget. Ok i get it that you are a promoter of Bitget but you should not promote such products or service in almost every post and in almost every thread/board because it will damage your credibility and the product's too.

Coming back to your query, world is full of different experienced people and i have no experience of AI trading but i did made a topic before on this topic which you can find here. --> Does Decentralization Geeks also Trade using AI?. What results i got from these topics are: not every person prefer to use AI tools because they can be biased too and can be sabotaged too. Which could results in huge loss. Plus it is advice able that you should use AI tools to get some help to analyze the market. Otherwise i will not recommend anybody to use such tools to make money.

[bittraffic]

You are talking about Aimbot worth $6? https://coinmarketcap.com/dexscan/ethereum/0xe05d099bfd7f4aa9f2e696f6c3ebe181479961a5/

I couldn't find a thread talking about this project here in the forum but because it has such a high price while it's unknown to the largest crypto forum, I wouldn't trust putting a huge amount to invest in it. I would just say it is all up to you.  The good sign I saw was that the project is open source and of course its AI that could help a newbie to trade well. Who wouldn't want that?

[mirakal]

AI trading tools has gained so much demand from the trading market these days most especially for those who aim to create shortcuts in trading like most newbies do. Well, I don’t see wrong in there and it’s actually an individual’s traders choice so if they find it more appealing and profitable on their part, then go trading using those AI tools. However, on my part, I’m not used in using trading bots even AI as I am more confident to trade using my own experience and expertise in trading. At least whenever I made mistakes, I learned how to correct them through my own efforts so I won’t be repeating the same mistakes again, and maybe expect a better trading results after that.

[Zee27]

Increased adoption of crypto has given way to more investors and traders trooping into the space to explore the vast opportunities. While crypto trading may be lucrative, only a few section of traders record significant profit consistently, largely because of the ambiguous nature of analysing charts and keeping tabs on cryptocurrencies.

You must be a promoter or some ambassador of Bitget because i recently replied on one of your replies in which you mentioned Bitget and now i checked your profile and amazed to see in almost every post you mentioned the name of Bitget. Ok i get it that you are a promoter of Bitget but you should not promote such products or service in almost every post and in almost every thread/board because it will damage your credibility and the product's too.

Coming back to your query, world is full of different experienced people and i have no experience of AI trading but i did made a topic before on this topic which you can find here. --> Does Decentralization Geeks also Trade using AI?. What results i got from these topics are: not every person prefer to use AI tools because they can be biased too and can be sabotaged too. Which could results in huge loss. Plus it is advice able that you should use AI tools to get some help to analyze the market. Otherwise i will not recommend anybody to use such tools to make money.

In essence are you suggesting that AI tools should be used only to help analyse the market but not to trade with AI bots? I need some clarification about this.

[sheenshane]

Of course yes, I will, one of the most examples is using an automated training bot.
Using AI tool trading has an advantage but remember they're just a tool to use in trading, didn't work this tool without your ideas and skills.
The number one advantage could be to execute trades at speeds impossible for humans to match.  They can instantly respond to market conditions and price changes, ensuring that opportunities aren't missed and reducing the impact of delays.

It also operates around the clock or let's say, 24/7, even when the trader is asleep or away.
This is especially beneficial in global markets that operate in different time zones, ensuring that trading opportunities are not missed due to human limitations.

So why not?

[Zee27]

Of course yes, I will, one of the most examples is using an automated training bot.
Using AI tool trading has an advantage but remember they're just a tool to use in trading, didn't work this tool without your ideas and skills.
The number one advantage could be to execute trades at speeds impossible for humans to match.  They can instantly respond to market conditions and price changes, ensuring that opportunities aren't missed and reducing the impact of delays.

It also operates around the clock or let's say, 24/7, even when the trader is asleep or away.
This is especially beneficial in global markets that operate in different time zones, ensuring that trading opportunities are not missed due to human limitations.

So why not?

Please, which AI trading tools have you used before? Which will you recommend? The OP talked about Aimbot and I'm considering it already but I need to know if someone else has used it before.

[Silberman]

Increased adoption of crypto has given way to more investors and traders trooping into the space to explore the vast opportunities. While crypto trading may be lucrative, only a few section of traders record significant profit consistently, largely because of the ambiguous nature of analysing charts and keeping tabs on cryptocurrencies.

In recent times we’ve seen traders opt for different trading tools and bots to raise their efficiencies and maximise their profits, but are they really effective compared to self-trading? I recently got wind of Aimbot as Bitget announced its listing, seeing it is one of those projects that promises to aid traders achieve improved results I decided to research and learn from the more experienced traders if they’ve researched this project, and their bias on AI trading assisting tools like this one.

Automatic trading systems are not really new, they are just taking advantage of the current interest that AI has generated and they are riding it as well thinking they can obtain more profits for themselves this way, but the truth is that those tools will not be very effective regardless of the promises of the developers behind them, and you do not need to be incredibly smart to know why, as if that AI was so good then they will not need to sell it and instead they will use it by themselves and make a fortune without anyone ever knowing exactly how they did it.

[Faisal2202]

In essence are you suggesting that AI tools should be used only to help analyse the market but not to trade with AI bots? I need some clarification about this.

Ai tools or platform will ask you to accept some policy and rules and in those rules you will find a statement saying the responsibility of the funds will not be ours we will be making decisions from past data and patterns. Etc.etc. Point is, they will not assure you 100% wins if they do then they are 100% scammers. I am not just referring to the one you guys trying to promote here.

I am just generally saying. AI tools are driven by data past data. which means they are not sentiment driven like humans but sometime sentiments are important. And we must only use AI tools for analysis purposes. At least that's what i think is the best practice but if you have some useful info on your mind then i am open all ears.

[fasticr]

Never.

See AI is just if and else. So I don't think it can help you with trading. Yeah it can help you avoid noise and filter out news for you but not good enough for dependable trading.