AI Tools Reveal Ideal Crypto Portfolios for 2024
Artificial intelligence (AI) tools have proven to be useful in gathering and consolidating data for various tasks. In this article, we turn to three advanced AIs to build the ideal crypto portfolio for 2024. Using OpenAI’s ChatGPT-4 Turbo, Antrhopic’s Claude 3 Opus, and xAI’s Grok, we ask them to illustrate portfolio allocations considering a $10,000 initial investment.
Interestingly, while there are some differences in the picks and weights, there are notable similarities in the three proposed crypto portfolios.
Bitcoin and Ethereum Dominate
All three AI models agree on including Bitcoin (BTC) and Ethereum (ETH) as the two largest positions in an ideal crypto portfolio. In each AI’s portfolio, Bitcoin weighs 40% ($4,000) for a $10,000 net worth cryptocurrency investor. Ethereum receives varying allocations with ChatGPT and Grok allocating $3,000 (30%) while Claude makes it a $2,500 (25%) investment.
In addition to Bitcoin and Ethereum, the three AIs also include Solana (SOL), Chainlink (LINK), and Polkadot (DOT) with different shares of the crypto portfolio.
ChatGPT-4 Ideal $10,000 Crypto Portfolio
ChatGPT-4’s ideal crypto portfolio consists of eight allocations and emphasizes diversification. The AI also highlights the importance of constant research and adjustment to keep up with the fast pace of the cryptocurrency market. The portfolio includes:
- Binance coin (BNB): $1,000 (10%)
- Cardano (ADA): $500 (5%)
- Solana (SOL): $500 (5%)
- Polkadot (DOT): $500 (5%)
- Chainlink (LINK): $300 (3%)
- Diversified allocation in other altcoins and emerging tech: $200 (2%)
Claude 3 Opus’s Best Crypto Portfolio
Claude 3 Opus also includes Binance coin (BNB) and Cardano (ADA) as the third and fourth largest cryptocurrencies in its portfolio. The resemblance to ChatGPT’s portfolio continues with DOT, SOL, and LINK following in order. However, Claude assigns a higher weight to Cardano with a 10% allocation, while Chainlink receives a 5% allocation without smaller diversifications. This AI also emphasizes thorough research and considering risk tolerance when making investment decisions.
Grok AI’s Crypto Portfolio Allocation Example
Grok AI, developed by Elon Musk’s X enterprise, removes BNB and Cardano from the portfolio while adding Uniswap (UNI) as the last pick. Grok invests double the amount in Chainlink and Polkadot compared to the other two AIs, allocating $1,000 (10%) to each. Solana maintains a consistent weight of $500 (5%) in all three AI portfolios. The decentralized exchange, Uniswap, is the only non-chain investment in Grok’s portfolio, receiving a $500 (5%) allocation.
Hot Take: Focus on Strong Fundamentals and Real-World Use Cases
In conclusion, xAI’s chatbot emphasizes that its crypto portfolio is focused on cryptocurrencies with strong fundamentals, active development, and real-world use cases. It is important to note that these AI-guided portfolios should not be the sole source of information for building the best investment strategy in 2024. Thorough research and considering individual risk tolerance are crucial when making investment decisions.
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