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Home»Web3»Would you let an AI trade crypto on your behalf?
Web3

Would you let an AI trade crypto on your behalf?

September 5, 2023No Comments2 Mins Read
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TL;DR

  • The Bybit exchange just released a free AI trading assistant that delivers insights from the platform’s market data.

  • This is AI is essentially a virtual educator that takes the collective knowledge of the world’s experts in a singular field and gives it away for free.

Full Story

So, ‘TradeGPT’ is a thing now…

(It was only a matter of time really).

The AI-powered trading assistant is the brainchild of the Bybit exchange, and is completely free to use (!).

But it might not be as ‘hands-off’ as it appears…from all the reports we’ve been able to find, the assistant delivers ‘insights from the platform’s market data.’

(So – what? We still have to use our feeble brain’s to make educated decisions like chumps? Pffft…)

Here’s what we love about this:

Have you ever tried to learn how to trade? It’s confusing as hell!

Apparently TradeGPT is dynamic enough to meet you wherever your level of understanding lies.

The idea being that if it says something like “This cup-and-handle formation is suggesting a break-out to the upside.”

…you can respond:

“Woah, woah, woah. Pump the breaks there Einstein. Let’s dumb things down.

What the hell is a cup-and handle formation? Explain it like I’m five.”

A virtual educator that takes the collective knowledge of the world’s experts in a singular field and gives it away for free?

We love to see it.

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