As time goes by, one of the ideas that is gaining the most strength in the world is that all the scenarios in which artificial intelligence is inserted undergo a transformation, mostly positive, in which aspects such as reaction speed, precision and innovation are impacted and They allow us to address development issues that were not initially on the radar.
One of these fronts that is experiencing changes recently is the world of investments, where professionals who carry out these tasks have developed tools such as ‘trading bots’ or systems specialized in following indicators and predicting what may happen.
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Cointelegraph experts, specialized in blockchain and cryptocurrencies; highlight that “artificial intelligence has the potential to transform the way cryptocurrencies are traded by providing investors advanced predictive analysis tools and automated strategies.”
In this sense, they explain that “AI algorithms can detect complex patterns that humans could not see, allowing faster responses to market volatility”; generating, on the one hand, safer operations and, on the other, boosting riskier operations or movements, but properly studied.
Artificial Intelligence (AI)
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Those who are dedicated to the management of artificial intelligence, as well as from the world of investments, point out that the technological revolution that is being experienced offers tools that allow investors to take advantage of available data and respond quickly and effectively to market fluctuations.
However, they make it clear that this also entails challenges and ethical aspects that must be considered so that the use of these tools is responsible and profitable; since it is not just about letting robots or technology do all the work, but about knowing how these systems are best managed.
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“We are talking about the ability to analyze large volumes of data. In the crypto market, where news, social networks and other external events significantly affect the value of assets, AI algorithms allow this information to be processed in real time. This not only allows you to quickly identify trend changes, but also adjust investment strategies. in accordance with market behavior and emerging news,” they noted in this regard.
Another view on this is that of CryptoSlate, where they maintain that the implementation of AI in cryptocurrency trading has facilitated the automation of strategies and risk management, changing the investment paradigm in this sector, but has come with challenges in terms of security of the information obtained and the calculations that are automated.
Cryptocurrencies
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“Despite their sophistication, AI systems can be vulnerable to cyber attacks and hacks. Transactions and operations must be protected by robust security measures, such as multi-factor authentication and advanced encryption. “Protecting funds and data is vital to ensure that the benefits of AI are not compromised by security breaches,” they highlighted.
Because of this, and in order to ensure that the potential of AI in the cryptocurrency market can be fully realized, experts suggest reviewing the benefits and risks first; but also the ethical aspects involved, for which they suggested investing first in training and knowing better the paths and offers that exist in this market.
Likewise, they concluded that it is about managing information, so it must be guaranteed that its sources are reliable and that violations of moral and ethical lines are not incurred. that play against healthy competition between market players.
