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Title: CoinRobot.AI launched an AI based crypto trading robot
CoinRobot.AI is the first publicly available result of an AI research project aimed to develop intelligent trading robots. The currently launched first publicly available robot specializes in increasing the number of coins. The robot is not allowed to lose coins. This is the only limitation to it. The rest can be decided by the robot.“Stock trading, especially the crypto market, is difficult to model, although there are many algorithms, none of them are 100% accurate. “ said Dr. Forgacs, the leader of the research and development project. ”Our goal was that users should not suffer losses without human intervention. We gave the AI the instruction to trade in such a way that there is no chance of a loss as a result of the trade. The AI did this in a very simple way: it never sells the crypto, it converts the capital into each other, but only if the increase is guaranteed. After a year of BETA testing, we made sure that this can really be successfully implemented, so we have now made it public - we want to make the Robot even smarter from the usage data."There are many different trading robots in the market, so creating another robot by itself would not make sense. However, the goal of most of them is not to increase the number of coins owned, but to increase the value of the portfolio - which, although the concepts are similar, the difference is still significant.The value of the portfolio is calculated based on the current exchange rate of the owned coins, so if the value of a coin falls, that position is usually closed by a regular trading robot. On the other hand, if the goal is to increase the number of coins, the current value of the coin does not affect the closing of a position. As a result, larger falls may appear temporarily in the total value of the portfolio, b...
This press release is issued by King Newswire