Do not always believe in exchange market shift notification

[Oshosondy]

The exchanges have a way now they make use of AI to predict the market, I think they are making use of increase in trading volume but send notification to their users that there will be a signal shift.

I received it for an altcoin yesterday, but few minutes or hours later, the market fall began that took bitcoin back to $64250 and the altcoin fall with it.

We should always know that there is no 100% accurate analysis. Do not always believe in the exchange market shift notification.

[Wiwo]

You should know cryptocurrency market is unpredictable and never trust any predictions about market shifts without doing your own research, especially with altcoins.

[The Cryptovator]

The exchanges have a way now they make use of AI to predict the market, I think they are making use of increase in trading volume but send notification to their users that there will be a signal shift.

I received it for an altcoin yesterday, but few minutes or hours later, the market fall began that took bitcoin back to $64250 and the altcoin fall with it.

We should always know that there is no 100% accurate analysis. Do not always believe in the exchange market shift notification.

I simply slide notifications from the exchange. Also, I don't use AI for trading as well, because I can't depend on AI analysis at all. Sometimes I check AI, but not for predictions from it; I just want to see the market update for specific coins. I am not sure which exchange you are talking about. I have been using Binance and Bybit; both have AI features to check and analyse the coin.

However, I am not a fan of using AI or any trading bots for my trading. Because it's quite impossible to predict exactly about the market, even for a human, then AI can't predict anything. Markets move for various reasons; instantly, it would dump and pump as well. So it is better we analyse ourselves for the trading based on our experience, but you may get some updates from AI that would help with our analysis.

[Stepstowealth]

We should always know that there is no 100% accurate analysis. Do not always believe in the exchange market shift notification.

Those notifications can be misleading, but these exchanges know this and they do not mind constant notification to your phone about market shift, regular notifications means that you constantly get to see the name of the exchange come up on your phone screen and that's the way to constantly market themselves as being active in the crypto market, it is all a marketing strategy and some people mistake this market strategy from exchanges that it is enough to give them signals about market that it is better than their whole opinion of the market.

[FirmWars]

Such updates from exchange makes me wonder what they stand to gain by sending such notifications to users, because if you follow their suggestions to buy those coins, their prediction is always opposite of what they notified people about, that makes me think that they just want customers to lose money, while they get rich by the trading fees and liquidity pool they provide. I watch the coins I got notifications about, but it  does opposite of the exchange's prediction. Sometimes, if they notified you to sell, ignore it and just buy, it's not an investment advice but it worked for me in some situation.

[EL MOHA]

Such updates from exchange makes me wonder what they stand to gain by sending such notifications to users, because if you follow their suggestions to buy those coins, their prediction is always opposite of what they notified people about, that makes me think that they just want customers to lose money, while they get rich by the trading fees and liquidity pool they provide. I watch the coins I got notifications about, but it  does opposite of the exchange's prediction. Sometimes, if they notified you to sell, ignore it and just buy, it's not an investment advice but it worked for me in some situation.

Like this particular thread is all about the worst thing to do is to actually be entrusting your decision of either selling or buying a coin to exchanges recommendations or suggestions. The thing is exchanges might not be doing this intentional by giving out fake news or analysis but rather it might be due to the type of AI they depend on do such information that is giving them just information and noting more.

Personally it will be really difficult that you go after exchanges predictions and require them to near accurate or at least be able to provide accuracy and reliability, this is their job, what they are is you’re  either selling or you’re buying they actually care less the only thing they prefer is you to be doing something on the platform and generating fees for them. They care less whether are profitable or not

[retaur]

We should always know that there is no 100% accurate analysis. Do not always believe in the exchange market shift notification.

I simply slide notifications from the exchange. Also, I don't use AI for trading as well, because I can't depend on AI analysis at all. Sometimes I check AI, but not for predictions from it; I just want to see the market update for specific coins. I am not sure which exchange you are talking about. I have been using Binance and Bybit; both have AI features to check and analyse the coin.

Those AI notifications are them wanting your fees. If the AI notification was accurate, they'd trade it before sending it out and then send it to you once they'd filled their position as per their ownbridk tolerance strategy.

Such updates from exchange makes me wonder what they stand to gain by sending such notifications to users, because if you follow their suggestions to buy those coins, their prediction is always opposite of what they notified people about, that makes me think that they just want customers to lose money, while they get rich by the trading fees and liquidity pool they provide. I watch the coins I got notifications about, but it  does opposite of the exchange's prediction. Sometimes, if they notified you to sell, ignore it and just buy, it's not an investment advice but it worked for me in some situation.

Like this particular thread is all about the worst thing to do is to actually be entrusting your decision of either selling or buying a coin to exchanges recommendations or suggestions. The thing is exchanges might not be doing this intentional by giving out fake news or analysis but rather it might be due to the type of AI they depend on do such information that is giving them just information and noting more.

Personally it will be really difficult that you go after exchanges predictions and require them to near accurate or at least be able to provide accuracy and reliability, this is their job, what they are is you’re  either selling or you’re buying they actually care less the only thing they prefer is you to be doing something on the platform and generating fees for them. They care less whether are profitable or not

A lot of information exchanges provide is often not the most accurate too. It might not all be intentional, malicious or even something they know about. .
They're programming complex products in an emerging market still with fairly small teams iirc (compared with banks and stock exchanges).

It's worth doing your own research and trying to work out if you can spot and verify a pattern before considering investing.

Even traditional stock brokers usually only notify you if a speciguc stock is up and not always if it's down or fallen.

[Charles-Tim]

Such updates from exchange makes me wonder what they stand to gain by sending such notifications to users, because if you follow their suggestions to buy those coins, their prediction is always opposite of what they notified people about, that makes me think that they just want customers to lose money, while they get rich by the trading fees and liquidity pool they provide. I watch the coins I got notifications about, but it  does opposite of the exchange's prediction. Sometimes, if they notified you to sell, ignore it and just buy, it's not an investment advice but it worked for me in some situation.

Not really exactly like this, the information the exchanges give can be accurate at times, but what I noticed is that they are more accurate during bull run and which is normal because the market is expected to increase more during bull run unlike during bear market. Anyone that believes them during bull run and make money, the person can be disappointed during bear market and lose money. But it is worth knowing that there is no time that the notification can not be highly inaccurate.

Like this particular thread is all about the worst thing to do is to actually be entrusting your decision of either selling or buying a coin to exchanges recommendations or suggestions. The thing is exchanges might not be doing this intentional by giving out fake news or analysis but rather it might be due to the type of AI they depend on do such information that is giving them just information and noting more.

Although, it is not a fake news but just a prediction and which can be right or wrong, but I do not know what newbies may see it as. I think it is better for exchanges not to be sending such notifications to people without warning or disclaimer.

[Bobrox]

The exchanges have a way now they make use of AI to predict the market, I think they are making use of increase in trading volume but send notification to their users that there will be a signal shift.

I received it for an altcoin yesterday, but few minutes or hours later, the market fall began that took bitcoin back to $64250 and the altcoin fall with it.

We should always know that there is no 100% accurate analysis. Do not always believe in the exchange market shift notification.

May I know what the exchange is it? Some time has any exchange market sending the fake notification exactly with your case about bitcoin back raise up but in other side the price of bitcoin still fall down. I think the error of the exchange market its self and so far my exchange market notification using Binance always accurate based on the current price, but only several notification sending from Bitcoin, ETH, SOL and POL maybe based on my holding assets and most often assets trading.
If any other coins raise up or down not get any notification from Binance, actually interested get notification from the exchange if not fully monitoring the market price.

[Potato Chips]

That's just annoying lol. I wonder how many times can it go off on average?

But in any case, I would immediately disable it. I hope there is an option for it within your account or otherwise at least in the notification settings for the app. Because I could see how this could annoy a lot of people.

Thankfully, I haven't gotten any AI prediction notification from the one exchange app on my phone LOL.

May I know what the exchange is it? Some time has any exchange market sending the fake notification exactly with your case about bitcoin back raise up but in other side the price of bitcoin still fall down. I think the error of the exchange market its self and so far my exchange market notification using Binance always accurate based on the current price, but only several notification sending from Bitcoin, ETH, SOL and POL maybe based on my holding assets and most often assets trading.
If any other coins raise up or down not get any notification from Binance, actually interested get notification from the exchange if not fully monitoring the market price.

From what I understand, 'twas a prediction notification powered by AI, so not just a simple fact based the price is up or down notification.

[Davidvictorson]

The exchanges have a way now they make use of AI to predict the market, I think they are making use of increase in trading volume but send notification to their users that there will be a signal shift.

Exchange market predictions are all part of the game to keep traders on their platform. What they don’t know is that the best prediction and analysis is the one you do on your own. And you get better with each trade.
Best thing you can do, is turn off their notifications or ignore which is what o do mostly. All they want is your money and nothing else.

[sheenshane]

The exchanges have a way now they make use of AI to predict the market, I think they are making use of increase in trading volume but send notification to their users that there will be a signal shift.

Exchange market predictions are all part of the game to keep traders on their platform. What they don’t know is that the best prediction and analysis is the one you do on your own. And you get better with each trade.
Best thing you can do, is turn off their notifications or ignore which is what o do mostly. All they want is your money and nothing else.

That's the point, it's all about marketing strategy.
The reason I muted all notifications from the exchange platform or a local e-wallet that supports crypto is that they seem to mislead people with their inaccurate predictions.

This isn't new IMO, we know AI doesn't give accurate prediction results, and most elite traders don't even use them.
It's good advice to ignore or disable notifications from the exchange and stop receiving them.