Artificial Intelligence that Enables More Profit for Bitcoin Traders
Nov 16, 2019 at 08:05 //
News
Bitcoin and cryptocurrency are primarily decentralized digital currencies where transactions are operated by computers using cryptography principles on a blockchain.
This fact makes artificial intelligence (A.I.) and cryptocurrency bound to be together. When it comes to profitable bitcoin trading, A.I. has a capability to make thousands of calculations and analyze the whole cryptocurrency market that no human can do alone.
Expecting the New Wave of Bitcoin Price Surge
By 2017, when Bitcoin price surged to its historical maximum it became clear that trading digital currencies is a source of high marginal returns. Today, everyone is expecting the next wave of Bitcoin price rise, and choosing a good AI assistant is a key for profitable trading.
Trading cryptocurrencies without a good experience and financial knowledge has always been a risky. Cryptocurrency trading beginners can easily turn to gambling instead of balanced and deliberate trading on the market. A.I. can easily analyze the cryptocurrency market and calculate the best bets without a risk to become a victim of emotions or nonstandard behaviour.
Moreover, using A.I. for trading allows individual traders to take advantage of multiple aspects of cryptocurrencies without a need of changing your lifestyle and wasting time in front of the computer screen. A.I. can work for you 24/7 and has more patterns of risk management than human alone can predict.
Taking Advantage of the Major Bitcoin Price Swings
A.I. can predict high volatility patterns and take advantage of the major price swings, which are considered to be especially risky for human traders without good experience on the crypto market.
The Bitcoin trading softwares are specially designed for people who want to trade Bitcoin and cryptocurrencies and to make a profit. The software has an advanced algorithm that scans the markets with laser accuracy, headhunting for trading opportunities that will end profitably. It can bring a financial freedom, allowing to have a lifestyle most people are dreaming about today.
Disclaimer. This article is paid and provided by a third-party source and should not be viewed as an endorsement by CoinIdol. Readers should do their own research before investing funds in any company. CoinIdol shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any such content, goods or services mentioned in this article.
OhNoCryptocurrency via https://ift.tt/2PblI7a @coinidol.com By Guest Author, @Khareem Sudlow
