AI trading bots surge in popularity, but experts warn they’re not ‘money printers’
As AI-powered trading tools gain traction across crypto markets, industry insiders say most traders misunderstand how these models actually work and where their real risks lie.
AI-powered trading bots are rapidly gaining attention across crypto markets, sparking both excitement and unease among traders hoping to automate their strategies. But industry experts say most people still misunderstand what these bots can and cannot do and why specialized trading AIs behave very differently from general-purpose tools like ChatGPT.
This week’s episode of Byte-Sized Insight dives into the rise of AI trading tools, the hype behind them and the risks investors should consider before trusting automated systems with their capital.
Brett Singer, sales and research lead at Glassnode, and Nodari Kolmakhidze, chief financial officer and partner of Cindicator — which built Stoic.AI — are two professionals working directly at the helm of the data, algorithms and traders shaping the next generation of AI-driven strategies.