Do not fully believe AI

[Achalugo BTC]

Though AI has made things easier and faster for us but its essential to know or to remember that nothing lasts forever, that is to say that AI may fail and disappoint people.
Which is why people should not also neglect the power of research, as it will help or support them, in case AI disappoints or can use researching to confirm if AI prediction is correct or not, to avoid anything that will terminate your plans.
And that is the act of doing the right thing and not to entirely depend on AI for them and guidance all the time, sometimes try your ways, which might lead you to achieve your goals.

[WhoYouCantKill]

This only shows how volatile the crypto market is.  Even with sophisticated tools, we will have a hard time predicting the right trend for the next days.  AI is a tool dependent on the information found on the internet, so AI can have the possibility of absorbing fake news ( I have encountered this many times) worst is that in some situation, AI can even create its own information without any basis just to satisfy the inquiry of the person.  Imagine if the AI creates its own information to give the user without any factual support, that would be devastating, especially in trading.

At the end of the day, an AI model is only as good as the data that it actually relies on. And since AIs were created to pick up data online, there are every chances that it could pick up wrong information or a biased narrative about something. It’s also possible for AI to sound very confident in their response but isn’t able ti backup the claim with solid evidence and proofs, as long as it’s able to reaches the user’s demand. Now just imagine in a trading environment, such an output can become extraordinarily dangerous because folks who rely heavily on these sources for guidance would end up landing themselves in serious danger.

[Adbitco]

Apparently what I am seeing is the opposite and it shouldn't be so, although with the percentage it gave to BTC, ETH this shows it could dip to closely around 50% percent from its original price which shouldn't be so in my opinion, and anyone who is following this to trade could likely fall into serious lose while relying this AI of a thing.
However, we shouldn't be that relying on any tools to get information to trade, okay just take a look at SOL paraventually when someone rush trade on that pair they may like lose due to this analysis.

[rangga28]

This only shows how volatile the crypto market is.  Even with sophisticated tools, we will have a hard time predicting the right trend for the next days.  AI is a tool dependent on the information found on the internet, so AI can have the possibility of absorbing fake news ( I have encountered this many times) worst is that in some situation, AI can even create its own information without any basis just to satisfy the inquiry of the person.  Imagine if the AI creates its own information to give the user without any factual support, that would be devastating, especially in trading.

At the end of the day, an AI model is only as good as the data that it actually relies on. And since AIs were created to pick up data online, there are every chances that it could pick up wrong information or a biased narrative about something. It’s also possible for AI to sound very confident in their response but isn’t able ti backup the claim with solid evidence and proofs, as long as it’s able to reaches the user’s demand. Now just imagine in a trading environment, such an output can become extraordinarily dangerous because folks who rely heavily on these sources for guidance would end up landing themselves in serious danger.

It's fine to use AI, but you shouldn't completely trust it to make decisions. Comparative data is essential to ensure the accuracy of information. I think people rely more on AI or similar tools because they seek convenience and a lack of hassle. I've also experienced some disappointments, particularly when I simply followed the data presented without analyzing it in more detail, leading to trading pitfalls that resulted in significant losses.

[Xcode7]

This only shows how volatile the crypto market is.  Even with sophisticated tools, we will have a hard time predicting the right trend for the next days.  AI is a tool dependent on the information found on the internet, so AI can have the possibility of absorbing fake news ( I have encountered this many times) worst is that in some situation, AI can even create its own information without any basis just to satisfy the inquiry of the person.  Imagine if the AI creates its own information to give the user without any factual support, that would be devastating, especially in trading.

At the end of the day, an AI model is only as good as the data that it actually relies on. And since AIs were created to pick up data online, there are every chances that it could pick up wrong information or a biased narrative about something. It’s also possible for AI to sound very confident in their response but isn’t able ti backup the claim with solid evidence and proofs, as long as it’s able to reaches the user’s demand. Now just imagine in a trading environment, such an output can become extraordinarily dangerous because folks who rely heavily on these sources for guidance would end up landing themselves in serious danger.

It's fine to use AI, but you shouldn't completely trust it to make decisions. Comparative data is essential to ensure the accuracy of information. I think people rely more on AI or similar tools because they seek convenience and a lack of hassle. I've also experienced some disappointments, particularly when I simply followed the data presented without analyzing it in more detail, leading to trading pitfalls that resulted in significant losses.

In trading, I don't think we should use AI at all, let alone trust it. AI only provides data, but it doesn't inform our decisions. Moreover, in trading, we must use our own analysis and technical analysis.
I've seen several advertisements offering AI assistance in trading, but after further investigation, they're inaccurate, even at a small percentage. This applies not only to the volatile crypto market, but to all trading.

[WhoYouCantKill]

It's fine to use AI, but you shouldn't completely trust it to make decisions. Comparative data is essential to ensure the accuracy of information. I think people rely more on AI or similar tools because they seek convenience and a lack of hassle. I've also experienced some disappointments, particularly when I simply followed the data presented without analyzing it in more detail, leading to trading pitfalls that resulted in significant losses.

That’s right. No one is completely striking out AI from the equation, AI has essentially been very helpful for researches and learning, but people now misunderstand overestimate the use of AI, people now solely depend on the data provided by AI, they forget that AI only collects data from around the internet and gives it back to you, and like we know, not all information that are stored on the internet are accurate or authentic, which is why there’s need to verify whatever information we get from AI before making decisions.

[Finebone]

I use AI as one of the bases for research and data gathering on investments, but I don't advise investing in a cryptocurrency simply because AI says it's going to "boom." Information like that shown by the OP can really mislead people, and depending on how much confidence they have in that information, they could invest heavily and end up with a loss.

Artificial intelligence is best used for research, as you have already said, not trading the financial market,  because even though it can broadcast market sentiment, it's still not as good a professional trader when analyzing the market, and the misleading information on how we should sell our Bitcoin and buy Solana speaks clearly  and it shows how misleading AI can be sometimes, it's not good relying on it to trade, since it's just a machine that is man made,  nothing super natural or special about it.
So using it for research is much more better and we shouldn't be expecting to much from it, since what it has is already information that were placed there by men.

[shawonngp]

I agree with you but do not agree on the line I bolded because they have data which we know is raw data and when we ask ai questions (input) it gives us useful information that we use to analyze our trades deeply, means the information we get from these AI is almost accurate not bad, not completely inacurate if we are using a premium AI bot.

If AI is used correctly, it will contain useful information that we can use as a tool to help us when making an analysis. But when traders do not use AI properly, they are actually no different from following trading signals from paid or free groups. Such groups were popular in the past; perhaps nowadays, trading signal groups also use AI rather than their analysts' abilities.

I don’t agree with you.. Artificial intelligence will not be effective in trading, because AI is not helpful in every sector, still in many works AI give wrong information, AI can't provide 100% accurate information, trading is analytical and research based work, without proper skills you will not success, now paid signal sellers use AI but they're also selling signals before established AI.

[Achalugo BTC]

As for me, i don't totally depend on AI, as it will not be always be available and accurate at all time, which is i will also try other method, in order for me to be at the safer side.
And for me to have a successful moment in crypto, is when i have totally practice and master every rules and regulation that governs trading, even if its not all but at least most of it.
So that i will not make or take any step that will affect my plans or my investment, because any little mistake might destroy my plans, which can lead me to have loss. So the only remedy to stop much losses is by studying more about trading or crypto, which one can also be researching about it to have more understanding about it and having that understand and knowledge will really support one in achieving their purpose in crypto.

[hafiztalha]

As for me, i don't totally depend on AI, as it will not be always be available and accurate at all time, which is i will also try other method, in order for me to be at the safer side.
And for me to have a successful moment in crypto, is when i have totally practice and master every rules and regulation that governs trading, even if its not all but at least most of it.
So that i will not make or take any step that will affect my plans or my investment, because any little mistake might destroy my plans, which can lead me to have loss. So the only remedy to stop much losses is by studying more about trading or crypto, which one can also be researching about it to have more understanding about it and having that understand and knowledge will really support one in achieving their purpose in crypto.

Bitcoin is good And AI will not be against the Bitcoin because we are watching for the years and we saw many people who became rich people and they have small investment And they are doing small job but now they are big investors because they invested and that is good for trading purpose because market could go up and there is no prediction which will be correct which is did by AI . Market is controlled by the buyers and when there will be more buyers then price will go up more and more And we will see drop in price when sellers are more in the market. During COVID-19 we saw change in the market because there were very less Investors in the market but who invested at right time, they are good financially.

[GeorgeJohn]

bitcoin most time go against the predictions of all market speculation both human and AI analysis fails,

That's why bitcoin is unpredictable, bitcoin go against both humans and Artificial intelligence predictions, if Artificial intelligence can predict bitcoin accurately, that means bitcoin privacy is not longer authentic, bitcoin was programmed for anyone not to know it's regulations in price..that's why a lot of speculate the price wrongly

between bitcoin is on a sell off direction lately and the tendency of bull market is somewhat out of sight so for that AI will speculate nothing different from what appeared on the AI chart above.

AI speculate, can't be b accurate, they most be an error elsewhere, a manual research of Bitcoin price acceleration is more better than using AI..

Selling bitcoin,  to buy solona is somewhat a joke to me, so definitely only newbies in the market will follow such suggestions, Solana will follow bitcoin trend in the end.

It's funny as you may think...their's every possibility that you can make huge profit from solana than bitcoin..Are you aware that some altcoins is more propagated or proportional than bitcoin for profit making..And also depends on the time frame, when holding.

[SamReomo]

I don’t agree with you.. Artificial intelligence will not be effective in trading, because AI is not helpful in every sector, still in many works AI give wrong information, AI can't provide 100% accurate information, trading is analytical and research based work, without proper skills you will not success, now paid signal sellers use AI but they're also selling signals before established AI.

AI isn't good at trading and it will never be good at it because it doesn't understand the background trading of whales and that of big trading firms.

Although, it can do some research about the data and statistics but it will still lack so much information and understanding of trading at human level.

There's possibility when AGI becomes a thing then things might be different but at this time it's not good at all to rely even a bit on AI.

If making profit from AI was possible then that would've been done by big players but we all know that big players don't really rely much on AI.

[gunhell16]

Though AI has made things easier and faster for us but its essential to know or to remember that nothing lasts forever, that is to say that AI may fail and disappoint people.
Which is why people should not also neglect the power of research, as it will help or support them, in case AI disappoints or can use researching to confirm if AI prediction is correct or not, to avoid anything that will terminate your plans.
And that is the act of doing the right thing and not to entirely depend on AI for them and guidance all the time, sometimes try your ways, which might lead you to achieve your goals.

There's no denying that AI remains a valuable tool for internet users, particularly for content creators and influencers.

However, when it comes to the crypto industry, I don't necessarily buy into AI-driven trading predictions. While some enthusiasts might trust them,
I remain skeptical based on my own perspective.

[Mame89]

Though AI has made things easier and faster for us but its essential to know or to remember that nothing lasts forever, that is to say that AI may fail and disappoint people.
Which is why people should not also neglect the power of research, as it will help or support them, in case AI disappoints or can use researching to confirm if AI prediction is correct or not, to avoid anything that will terminate your plans.
And that is the act of doing the right thing and not to entirely depend on AI for them and guidance all the time, sometimes try your ways, which might lead you to achieve your goals.

There's no denying that AI remains a valuable tool for internet users, particularly for content creators and influencers.

However, when it comes to the crypto industry, I don't necessarily buy into AI-driven trading predictions. While some enthusiasts might trust them,
I remain skeptical based on my own perspective.

AI technology has become a mainstay for internet users in all aspects because it is very useful and makes everyone's work easier. In the crypto world AI is also very useful for those who use it for analysis information retrieval and so on. However relying entirely on AI as a basis for decision making or relying entirely on it is a misguided approach. AI only summarizes or summarizes past events and cannot predict the future, let alone predict crypto prices.

Use AI wisely in your trading and it's best to use AI as a supporting factor in your analysis before making decisions not the primary one. Independent research is crucial in trading as market movements are influenced by many factors.

[AYOBA]

To fully believe in AI without making your own analysis is like being led by a blind man, though he can not see but he can think, has brain to reason but can not see and therefore can mislead a person that follows him. When you make your analysis, you can follow AI but only after you have made your own assessment and confirm the trade to be in correspondence with the AI prediction. The benefit of AI is to give a trader a quick analysis while the trade uses their own knowledge to also check if the analysis is valid. Sometimes when AI tells a trader to buy or sell, he or she have to check if the volume is going up and also take a look at the chart.

For a to depend on the AI alone without making his own research is not good ideal. We all know that the AI can give the right answer for what we ask for m, but it cannot break it down into a simple sentence that we can understand well. AI can only give quickly analysis but that doesn’t mean we should follow the analysis when we come to trade, without knowing what is the market is all about.

The most important thing in trading is the chart if we take time out of busy and go through the process of trading and know what’s this chart is all about, it will really helpful than only depending on what the AI give us because AI can just tell trade to buy or sell and we can’t just go directly to the market, I think it’s a bad decision.

[shield132]

What will some people believe when they see this:

~snip~

They will sell bitcoin and ethereum but buy solana 

When AI disappoint them, they will know that solana will go in bitcoin direction.

I saw this on one of the exchanges that I am using.

Buying Solana can be a good financial decision. Solana's all-time high was up to $300 and its price right now is 124$. Bitcoin's all-time high was 126K USD and it costs 87K USD right now. AI models are also complicated. AI is not a universal tool, every company has a different AI with different capabilities. For example, there is a big difference between Claude and ChatGPT when I use them on my projects, Claude is superior compared to ChatGPT.
AI is a great tool to analyse data but it's not a good tool to predict the future because it doesn't know what's going to happen tomorrow. Companies use AI as a buzzword. A few years ago Blockchain was the most popular buzzword, today it's AI.

[liuka]

However, when it comes to the crypto industry, I don't necessarily buy into AI-driven trading predictions. While some enthusiasts might trust them,
I remain skeptical based on my own perspective.

Technical analysis itself is much better for trading so that we can continue to improve our skills, I think most traders rely on their own abilities instead of relying entirely on AI, after all AI will never be accurate even though some exchanges provide AI features in it.
Other people say premium AI is much better, this cannot be proven completely, still trading relies on yourself in doing it but not rejecting AI just don't rely too much on AI.

[SOKO-DEKE]

I don't know the reason why some people are so dependent on AI to help them do everything. It's not that AI can do everything accurately. For example, in trading, AI is only useful for some analyses, which we all know AI will depend on existing data.So, with that, I don't think AI can always provide accurate predictions for Bitcoin or other coins. And one thing again: it is what is written by people that AI brings together. But selling Bitcoin to buy Solana was a very wrong idea, and the person should have known that AI doesn't even have reasonable predictions. It knows that Solana and other strong altcoins are following the footsteps of Bitcoin. Its price action is always determined by Bitcoin’s movements.

[qwertyup23]

I use AI as one of the bases for research and data gathering on investments, but I don't advise investing in a cryptocurrency simply because AI says it's going to "boom." Information like that shown by the OP can really mislead people, and depending on how much confidence they have in that information, they could invest heavily and end up with a loss.

I think people should utilize AI on how it was made in the first place- as a supportive tool on your research.

The problem with most investors nowadays is that they rely on AI too much to the point that they trust its research without doing anything on the person's part. For example, a person would use AI to ask what coins to purchase and HODL without any positive act on his part. Instead, use AI technology as a supportive tool to compile data, analysis, and information that would help yourself arrive at a decision.

In conclusion, avoid being fully dependent on AI technology because it can be unreliable to a certain extent. At the end of the day, human effort is still superior compared to sole AI technology which is exactly the reason on why you should combine the two (2) worlds for best results.

[Rockstarguy]

However, we shouldn't be that relying on any tools to get information to trade, okay just take a look at SOL paraventually when someone rush trade on that pair they may like lose due to this analysis.

Well their is nothing wrong in relying on these tools for information because for sure you definitely get information from the tools which will be helpful in trading. What i think traders shouldn't depend on these tools is to know whst the future of the market will be like because the market cant be predicted and if you think you can rely on tools to know what the market would be like you will definitely make mistakes in trading . That is why it is important to get a better understanding of trading and to also get a good strategy that you can follow up that will be productive for you by the end of every trader..