July 13th, 2021 | Updated on July 19th, 2021
We all know the newbies are coming in the crypto trading on the behalf of the crypto signals. So the question is whether the new traders will also depend on the crypto signals in future or any other way to release the instant profit without knowledge.
Many trading experts are saying the future is artificial intelligence. The bots will introduce those who will trade for us based on their knowledge.
On the other hand some experts are saying the bots are not a good option for crypto trading, because they are machines so they can’t analyse the market properly.
Even some crypto trading exchanges have introduced bots that are trading for you if you are offline. But bots are not operating on their knowledge. If the bot is trading then in the backend the human mind is running.
The expert first trains the bot and then on the behalf of the training the bot trades for the expert.
If you notice the human mind is behind the bot’s trading so in future how we can realize the bots? I am with the experts who are saying bots are not a good option for crypto trading.
Crypto market is fluctuating every minute so bot can make the decision instantly on this high fluctuation. Crypto trading is not like stock trading in which you can wait for the fluctuation.
In the crypto trading investment, profits and losses are made on the instant points so using the bots is not a good idea. So if there will be no bots then we have the option of the crypto signals left.
So there is still the existence of crypto signals in the future. But there is still the question : can we keep relying on crypto signals in the future? In my point of view we can rely on the crypto signals. Why? In this blog I am going to mention some reasons below.
Deep Analysis And Research
The crypto signals generation is not like buttering on the bread. It requires a huge research and analysis part. Bots can also perform analysis and research but still they can’t perform on the level that a human mind can perform.
Bots are not well trained and cannot be up to date with the market. So only humans can take part in the research and analysis department in order to generate the crypto trading signals for the traders.
So this is the biggest evidence of the use of the crypto signals in future. These will still be reliable in the upcoming years.
In the survey of 2021 new traders have lost the money by trusting in the bots. Actually when new traders sign up for the exchange they will get the AI bot for the trading. These bots are not very efficient to give you 100% profit.
But this is not like with the crypto signals. With the crypto signals you have a high percentage of getting the profit.
In the crypto signals experts have invested their research and time. So if we are getting the results now then in future we will get it for sure. So we just need to have a good source of the crypto signals and in return we will have a good profit.
In my survey new traders are using the free crypto signals and majority of the traders are earning good profit. So why do people need to go for the paid bots if they have the free source of earning profit from the trading.
On the other hand people need to make an account in the exchange and need to deposit then they can use the bot. but for using the crypto signal they don’t need to go through the long process. Of course there is a different scenario in the paid signals but that is also not difficult as the subscribing for the bots.
I know this is Artificial Intelligence and everything is getting automated. But still there are somethings those can’t be automated and crypto trading is one of them.
I am not talking about the future but if we analyze from the current situation we can’t conclude the future is still for the crypto signals.
Maybe in future the highly efficient and intelligent bots introduced but still there will be human mind behind that. So why need to go for the expensive way if we will have the cheap, even free, way of earning profit in crypto trading.