Will Artificial Intelligence Kill Traditional Trading? Traders Edge at Risk, Warns Expert

By Cora Skindell Jul 6, 202380Views

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Will traditional trading be killed by artificial intelligence? According to Jeff Wilser, the rise of AI in the crypto markets may leave traders without an edge. With studies suggesting that over 80% of day-traders lose money, the impact of AI on trading is a significant concern. AI trading bots are already being developed and used by various platforms, offering advantages such as analyzing price fluctuations, evaluating market sentiment, and optimizing staking income. The appeal of AI trading lies in its ability to automate trading decisions, allowing traders to focus on other aspects of their lives. However, skeptics argue that AI bots are not yet foolproof and that their impact on trading remains uncertain. Nevertheless, as AI technology improves and pattern recognition capabilities become more advanced, AI bots may become unbeatable in the trading world. In the end, the prevalence of AI in trading is expected to increase, and traders will need to adapt to this new reality.

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Cora Skindell

Cora Skindell is a standout figure in the world of cryptocurrency analysis, research, and editorial expertise. As a seasoned crypto analyst and researcher, Cora's insights delve deep into the complexities of digital assets, resonating with a diverse audience. Her ability to dissect intricate crypto concepts is complemented by her adept editorial skills, enabling her to distill complex information into easily understandable content. Cora's contributions serve as a valuable compass for both seasoned and novice individuals seeking to navigate the dynamic landscape of cryptocurrencies. With a keen eye for detail and a commitment to accuracy, she empowers informed decision-making in the ever-evolving crypto space.

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