Do not fully believe AI

[moneystery]

I'm not really an expert in the field of AI, but AI uses information to be able to make predictions based on the information that has been given to it, so that the results delivered by the AI ​​are based on the information it receives, if it is quality then the results will be quality, and because the information can come from various sources that means the quality of the output can be very skewed, and that makes the results unreliable. And because of that we cannot rely on AI blindly without further verification and research, we still need to consider the results and filter them with the knowledge we have.

[Supreme Donvic]

As a trader you don't have to but all your trust in AI because AI can fail you, I'm not totally saying you shouldn't use AI when it comes to trading but don't completely but all your hope in it because it can fail you at any point, any information you get from AI all you need to do is to comple it with your common sense.
A lot of people have lost huge amount of money because they but all your trust in AI, if you join AI and your common sense of trading you will make money but just don't focus on AI alone.

[rachael9385]

it is crazy how people overly depend on Ai for everything these days sometimes i think that it is making a lot of people lazy because they Prefer to use this Ai than makings if logical reasoning. ai cannot predict the future so using it to trade is not going to guarantee profit. Ai wasn't programmed specifically for trading or prediction of crypto coins, even if you get answers from it they are not really accurate

[jossiel]

it is crazy how people overly depend on Ai for everything these days sometimes i think that it is making a lot of people lazy because they Prefer to use this Ai than makings if logical reasoning. ai cannot predict the future so using it to trade is not going to guarantee profit. Ai wasn't programmed specifically for trading or prediction of crypto coins, even if you get answers from it they are not really accurate

That's because everyone believes that it is the future and they think that it can make the trades for them.

There have been bots before and having these AI to make trades easier are a good tools. But you don't have to rely on it 100%.

You're just the one who manages it and it will do the thing for you if you set it correctly.

[Bitcoin_people]

I'm not really an expert in the field of AI, but AI uses information to be able to make predictions based on the information that has been given to it, so that the results delivered by the AI ​​are based on the information it receives, if it is quality then the results will be quality, and because the information can come from various sources that means the quality of the output can be very skewed, and that makes the results unreliable. And because of that we cannot rely on AI blindly without further verification and research, we still need to consider the results and filter them with the knowledge we have.

You are right that the predictions made by AI should not be trusted deeply here. The information and results obtained through AI, although they are well-organized and give tips, cannot make accurate predictions. They can give quality information and we have to take our own experience from there and analyze it accordingly, but we should not follow their predictions. I think that it is not at all appropriate to follow the results given by AI here, rather if we do not have experience ourselves, we cannot survive in trading. Taking predictions from AI will not be convenient at all, rather if we can produce good results through experience and skill, then it will definitely be good.

[YOSHIE]

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

Al has become a technology that is often used by crypto users in general, whether in trading methods and so on, Even though Al is generally believed to be an objective tool in the process of making trading decisions, there is one thing that needs to be cultivated when Al is activated in analysis, predictions and so on.

Please remember that Al cannot change the basic functions of Bitcoin directly, as others have said, Al only provides the incoming data and publishes it again, Logically, if Al works efficiently in providing Bitcoin analysis and prediction data, of course we will see every day new rich people who are successful in crypto trading, in fact none of that exists, users are still at risk of loss.

[DaNNy001]

is there anyone that has been successful in the long run using ai a prediction tool for trading? from what I know some people just use it a few times and when it works they think they can use it consistently...well, Ai wasn't really created for that specific purpose even though it gives you the informations you need, this doesn't mean that they are accurate..people need to be more careful of this so they don't lose money

[tottong]

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

Relying entirely on AI without conducting our own analysis when trading is a bad decision because we will never learn to harness our own potential. What we should do is improve our individual trading skills to avoid relying on AI.
Furthermore, to increase confidence when trading, it may be acceptable to use AI as a additional insight, but not the AI ​​found on exchanges. Regarding prediction accuracy, if AI were truly effective, many people would profit from it, but the opposite is often true. AI is not a universal standard, as its predictions are sometimes wrong. I believe that relying entirely on AI when trading is the same as relying on luck.

[WatChe]

is there anyone that has been successful in the long run using ai a prediction tool for trading? from what I know some people just use it a few times and when it works they think they can use it consistently...well, Ai wasn't really created for that specific purpose even though it gives you the informations you need, this doesn't mean that they are accurate..people need to be more careful of this so they don't lose money

AI is no doubt a helpful tool that is helping us in many aspects of life. But it is not clear whether AI can also help us in making real time trading decision rather the answer is in negation. A real trader or investor still has to use his own mind in making critical decisions related to trading. May be in future, we can see advance version of AI that can help us in making trading decision. For now we have to use it as a tool that can help us in doing research related to trading.

[SirLancelot]

These are also not "AI", these are just bots, which has existed for a decade in the crypto world already, they are not really AI, because they are not really learning from their mistakes or anything like that, it is not machine learning, it is just bots that some software engineer coded.

Always please Remember, the AI that we use these days, have a capacity to think, not in the way a human can, not yet at least, but able to research from the data it has been fed and then make a deduction based on that information, these can't do that.

[Powerjumboo]

Bitcoin price is predicted by the AI to be going down, but bitcoin right now it going up. Bitcoin is just about to hit $90000 right now has it has increased from $86300 in few hours to 89500.

AI is not what someone should depend on in market prediction. There are some traders that have good analysis but the market might be against them. The market can be so unpredictable some times.

Yes, I always believe that AI should never be relied upon for market predictions because it can never predict what will happen in the future. If AI could predict what will happen in the future, then people would be making a lot of money from trading platforms using AI. I think not only from trading platforms but also from various prediction platforms, especially gambling platforms, people would be making a lot of money using AI.

[Rubuchi]

it is crazy how people overly depend on Ai for everything these days sometimes i think that it is making a lot of people lazy because they Prefer to use this Ai than makings if logical reasoning. ai cannot predict the future so using it to trade is not going to guarantee profit. Ai wasn't programmed specifically for trading or prediction of crypto coins, even if you get answers from it they are not really accurate

that’s where majority of the people get it wrong. AI is just a tool that helps you generate information deposited in the internet through some sorts of intelligence built based on commands and codings by the programmers. AI is not a human and can never possess the intellectual prowess demonstrated by humans but can only work based on the knowledge and data made available to it and that is why today data mining is as important as anything else because those data mined are later used by the AI assistants for the benefits of our solutions

[Achalugo BTC]

that’s where majority of the people get it wrong. AI is just a tool that helps you generate information deposited in the internet through some sorts of intelligence built based on commands and codings by the programmers. AI is not a human and can never possess the intellectual prowess demonstrated by humans but can only work based on the knowledge and data made available to it and that is why today data mining is as important as anything else because those data mined are later used by the AI assistants for the benefits of our solutions

You are right but no matter how good AI is, it also has a side effect of it, which is why people are always encouraged not to misuse AI because when one totally depends on AI for everything makes them to become lazy and can't make use of their human abilities.
That is why, at times its important to make use of their own human ability because there will come a time when AI cannot function at the moment and if they totally believe in AI, they might make decisions that will lead them into making mistakes that will them into pitfalls.

[Leahized]

it is crazy how people overly depend on Ai for everything these days sometimes i think that it is making a lot of people lazy because they Prefer to use this Ai than makings if logical reasoning. ai cannot predict the future so using it to trade is not going to guarantee profit. Ai wasn't programmed specifically for trading or prediction of crypto coins, even if you get answers from it they are not really accurate

Yes it is right because nowadays most people are leaning towards Ai. Currently using ai or using ChatGPT to solve any problem. But many projects are seen, they are giving importance on ai. And many think it can be very profitable. Although it is actually much easier for ai to work, it is not always correct. I think it should only be used for different information. If someone does trading through ai. So even if the prediction is sometimes correct, most of the time there will be a possibility of losing money. So instead of following artificial intelligence, They should work on their knowledge. This will reduce the risk a lot.

[Mame89]

is there anyone that has been successful in the long run using ai a prediction tool for trading? from what I know some people just use it a few times and when it works they think they can use it consistently...well, Ai wasn't really created for that specific purpose even though it gives you the informations you need, this doesn't mean that they are accurate..people need to be more careful of this so they don't lose money

What you say is absolutely true. In my opinion, if someone has ever managed to profit from using AI it's just a coincidence. Consistency is impossible as AI can't provide accurate information, especially given the rapid changes in real time markets.

So, while today's advanced technology allows us to quickly find the information we need that doesn't mean the information provided is always accurate. That's why we don't recommend relying solely on AI when making trading decisions. You still need to conduct independent analysis when making decisions with each trade.