Prometheus AI Is Explaining the role of AI and Crypto Science in Automated Trading Technology in 2022
AI’s adoption in automated trading is gaining sizeable investments in recent months. Recently, three former DeepMind executives told CNBC how AI-based reinforcement learning could be used to train systems for algorithmic trading. A part of this AI could also be used to manage and trade crypto assets. Now, Prometheus AI has jumped into the world of automated trading technology to explain how AI and crypto could be integrated for better outcomes in trading marketplaces. Prometheus AI is an education program that shows everyday traders how to leverage the power of artificial intelligence to increase predictability within the financial markets.
Prometheus AI bot is the leading training and education program in AI bot technology. In today’s world, the state of the cryptocurrency market resembles the chaotic excitement and madness last seen during the California gold rush. With a market capitalization for crypto at over $1.6 trillion, nearly 3.9% of the global population uses crypto — a trend that is increasing every day. But, one question lingers on. Is crypto trading really a good investment? This remains a contentious topic in debates especially when crypto frauds are on the rise and owners are looking for new technologies to build trust, safety, and security for their digital assets and NFTs.
With AI in crypto trading, traders can somehow mitigate risks using predictive and prescriptive analytics that enable them to avoid the mistakes that take place when they first get into trading. Prometheus AI is providing insights on AI and crypto and talking about AI technology for automated trading.
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How do AI and Crypto Converge during Trading Operations?
AI algorithms depend on an automated system that feeds off trading data, and proactively learns from trends and patterns. These are supervised using crypto AI bots.
Crypto AI bots are a set of programs designed to automate cryptocurrency trading on people’s behalf. Usually, the investor/trader will have to pay attention to the market statistics that play a crucial role in the practice of trading and then choose which cryptocurrency to buy/sell and at what time all whilst making sure they are mitigating risk.
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This training shows you how bots pull income out of the digital currency markets and exploit profitable trading opportunities faster and more efficiently than humans. If you’ve ever tried trading before, you more than likely found it time-consuming being glued to your computer for hours, waiting for the right time to sell plus investing time and other resources in order to learn about the market and what is the next best move.
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The truth is, the old-school way of trading is not sustainable and AI is here to stay.
Using tools like Prometheus AI bot creates such strong leverage between time and income. These bots eliminate all the challenges you face when trading.
Unlike a human, the bot has 100% concentration and it’s active 24/7. It allows you to make daily gains regardless of how the market performs. The volatility of the crypto market will not harm your investment, as the bot pulls your passive income directly out of the trades of any market cycle.
There are many issues that are currently being resolved by AI bots such as exploiting trading opportunities faster and more accurately than a human or eliminating the risks associated with emotional thinking/human error as well as making it easier for the everyday person to trade immediately so they can get some early wins.
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Source: Prometheus AI
