Trading digital assets can be a risky business due to the incredible volatility of the cryptocurrency markets, where assets can rise or fall by 20% to 30% in a single day. While the past year has seen increasing mainstream adoption of cryptocurrencies, the latest sign being the US approval of Bitcoin ETFs, another trend is emerging alongside. In fact, artificial intelligence (AI) has been developing at a remarkable pace and we have seen an increasing number of AI trading systems come to market with varying levels of sophistication and ease of use.
In this article, we will examine the dangers and difficulties of cryptocurrency trading and how advances in machine learning will help mitigate much of the risk associated with it.
The unique challenges of crypto trading
In the cryptocurrency market, traders face very specific challenges unique to the digital asset arena.
Naturally, rapid and extreme fluctuations in the cryptocurrency market are at the top of the list. The unpredictability of the price movements of Bitcoin, Bonk and Solana, for example, makes it much more difficult to predict the direction of the market than for traditional assets.
Hundreds of new altcoins are being launched all the time, with the potential to have a big impact on the future direction of the blockchain, whether it’s a Bitcoin-based ETF, a new memecoin, a stablecoin, a governance token, or another utility token. With so many variables affecting prices, it is extremely difficult to monitor all the rapid changes in such a dynamic 24/7 market where consistently perfect timing is critical to market success.
The solution: Algorithmic trading
The latest generation of AI-powered trading platforms use advanced machine learning algorithms to analyze large amounts of data, identify emerging trends and quickly respond to opportunities across multiple markets. They can work tirelessly 24/7, without prejudice or emotion, and analyze a huge amount of information from different sources at once.
In addition, the high-frequency trading capabilities of AI-based algorithms allow traders to take advantage of crypto market fluctuations instantly in a fraction of a second on a huge amount of assets simultaneously.
In this article, we will focus on one solution among the growing number of AI-powered tools available to traders, a platform that attempts to provide automated trading with a user-friendly user interface. Algosone.ai provides institutional-grade technology to retailers, allowing them to use AI without knowing how to code or trade.
How does AlgosOne meet the needs of crypto traders?
Algosone.ai is a newcomer to the crypto trading space. This newly launched AI-based platform stands out for its technology. It uses proprietary deep neural networks and cutting-edge natural language processing (NLP) models to achieve a higher level of predictive accuracy that they claim.
1. Consistent profit
AlgosOne uses its next-generation machine learning capabilities to achieve a high success rate. Since the platform’s launch in 2023, the system has been refining its risk parameters and perfecting its trading strategies as it gains experience. Current trade performance data – which can be viewed at any time on the user’s dashboard – shows that the AI is constantly trading for an account, accumulating fresh data and learning over time, making it possible to achieve a success rate of more than 80% .
The profit margin that a user can expect to make is determined by their trading level, which depends on the size of their deposit.
2. Passive trade
AI-powered trading software can handle many of the manual tasks involved in trading. With most platforms, AI is able to monitor the market and implement strategies based on predefined market triggers. However, AlgosOne offers a passive and almost completely independent trading experience.
The user only has to register, deposit money and the algorithm takes over.
However, there is one exception: for some transactions, the user receives a notification with transaction details, which includes an APPROVE button. In this case, he just needs to click the button to activate the transaction and that’s it!
Trained on a wide variety of traditional and alternative data sources, AlgosOne is capable of processing large amounts of streaming data in an instant. He monitors several financial markets at once, performs complex analyses, builds and manages a diversified portfolio. The ML algorithm sets risk parameters, such as stops, limits, trade size caps and hedges, while creating long- and short-term strategies and executing trades 24/7 on 7
Without programming knowledge or financial experience, AlgosOne makes crypto markets accessible to everyone.
3. An accessible product
In addition to being easy to use, AlgosOne also demonstrates good accessibility thanks to its affordable price. Although it offers institutional-grade technology that rivals the sophistication of professional elite AI trading systems, AlgosOne does not have strict eligibility criteria. Minimum deposits can be as low as $300 and there are no registration, transaction or deposit fees. Anyone, regardless of their financial level, can take advantage of this AI to increase their savings.
The only fee is a commission which is charged only on transactions that have generated a profit and not on failed positions. Commission fees are thus used to pay compensation for lost transactions, to maintain the balance of AlgosOne’s reserve fund, which ensures coverage of the user’s capital, and to pay the platform’s operating costs, especially human assistance and risk management team, which provides 24/7 market monitoring and artificial intelligence control.
The user’s level of profitability depends on their trading level, which also determines the percentage they pay in commission for winning trades, the percentage they receive in compensation for losing trades, as well as the size, number and type of transactions carried out by AlgosOne on its day on behalf of.
4. Ever increasing precision
The crypto market is known for its unpredictability, but AlgosOne is able to continuously improve its performance thanks to next-generation ML algorithms that continuously learn from experience. Thus, its predictive accuracy improves over time with the expansion of its knowledge base, the increase in the number of users, and each additional transaction it performs.
5. A diversified portfolio
An AI-powered bot is capable of executing a huge amount of transactions simultaneously. AlgoOne uses this ability to manage an incredibly diverse portfolio that offsets potential losses from trading in the extremely volatile cryptocurrency markets and opens the door to many other profit opportunities. It achieves this by spreading its trades across multiple asset classes, including stocks, forex, indices, bonds and commodities.
6. Compliance with legislation
While the crypto space is making great strides in terms of adoption and legitimacy, there is still a gap to fill in terms of the regulatory protections available to traders. For their part, lawmakers are also working to catch up with the rapid development of artificial intelligence. Therefore, it is difficult to find a safe, trustworthy and reliable trading algorithm that is based on artificial intelligence. Here too, AlgosOne offers peace of mind with a fully licensed and regulated platform.
As a licensed entity, AlgosOne adheres to strict rules and regulations, including know-your-customer (KYC) verification protocols, segregation of user and corporate capital, and maintenance of a reserve fund to cover user balances in the event of technical, business, or market failure.
AlgosOne provides a secure, high-tech way to generate profits from Bitcoin, Bitcoin ETFs, MYRO, SEI, BONK, LINK, Optimism, Ether, Solana and hundreds of other digital and traditional assets. You can sign up for AlgosOne completely free through its website or by using the app with any Apple or Android device.
Disclaimer: This article is sponsored content and does not represent the views or opinions of BeInCrypto. While we adhere to The Trust Project’s guidelines for unbiased and transparent reporting, this content is created by a third party and is intended for promotional purposes. Readers are encouraged to verify the information on their own and seek professional advice before making any decisions based on this sponsored content.