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Are cryptocurrencies and AI a scam?


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For me, AI can be the most efficient innovation in crypto in a long while. Reliability could certainly grow to an unprecedented high if more improvements are made because I think it's not a finished product yet. I've had the privilege to use some AI-backed trading tool on some platforms like the AI grid bot on bitgetglobal and the algorithm used is quite average at this stage but maybe close to the best at the moment. It simplifies complex trading strategies in one move making it possible to make informed trading decisions on behalf of the user.

My take on whether or not it hasn't driven up adoption is that adoption are somewhat slow subject to the volatility of the crypto market and the recent rise in need for regulatory conformity

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On 25/09/2023 at 16:23, markocassanirossi said:

How do you feel about AI-enhanced crypto tools, especially those from TURING MACHINE AI? Several platforms highlight easy investment processes and unique features. With the promise of simplicity, why aren't more adopting? After reviewing feedback, I'm skeptical about their authenticity. Can they be trusted?

The cryptocurrency market is notoriously volatile and complex, making it a challenging environment for even the most experienced traders. However, AI has the potential to revolutionize the way traders approach the market. By using machine learning algorithms, traders can analyze vast amounts of data in real-time and make more informed trading decisions, I'm currently using Smart Portfolio now on Bitget, it is a bot that intelligently and dynamically rebalances positions within my selected portfolio of coins.

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