Post by @oxboy • Hey
The US CFTC warns against placing trust and money in AI trading bots. Investors hunting for their next huge cryptocurrency profits have been warned not
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Meanwhile, in June 2023, there was a case highlighted by blockchain analytics firm Arkham Intelligence, in which a cryptocurrency trading bot quickly borrowed $ 200 million but ended up with a profit of only 3 $.24.
“So, AI strategy helps users choose and create strategies more intuitively by requiring just a simple profit number and price chart, eliminating the need to fill in complex parameters like in an algorithm. maths".
The US CFTC warns against placing trust and money in AI trading bots.