What are the limitations of using AI in crypto trading?

1 answers

• May 02, 2022 · 3 years ago
  At BYDFi, we recognize the limitations of using AI in crypto trading. While AI can provide valuable insights and automate certain processes, it is not a foolproof solution. One limitation is the lack of interpretability of AI models. AI algorithms can make complex decisions based on patterns in data, but it can be challenging to understand the reasoning behind these decisions. This lack of transparency can be a concern, especially in the financial industry where accountability and trust are crucial. Additionally, AI models can be vulnerable to adversarial attacks, where malicious actors manipulate the input data to deceive the AI algorithms. Therefore, it is important to have robust risk management systems in place when utilizing AI in crypto trading.
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