A Newly Launched AI Model is Trading and Earning Profits

Fiverr
A Newly Launched AI Model is Trading and Earning Profits on Bitcoin, Solana, XRP and BONK
NiceHash


The following content does not constitute the opinion of BeInCrypto and should not be construed as financial advice

Ask any professional trader what matters most when it comes to creating a successful crypto trading strategy, and more often than not, they’ll tell you that risk management tops the list. When it comes to digital currencies, the markets are so dynamic and volatile that even if you anticipate the market trajectory correctly, you need to be able to exit your trade at precisely the right time to ensure a profit. 

As artificial intelligence (AI) trading systems become increasingly popular, the question of how exposure is being mitigated becomes ever-more important. Sophisticated AI-based bots are performing hundreds of automated trades per second to exploit emerging opportunities on the highly volatile crypto markets with unparalleled speed and efficiency. 

Users wishing to take advantage of these exciting technological advantages must make sure their capital is well protected.

coinbase

AlgosOne is a newcomer to the AI trading scene. Launched earlier this year, the licensed and registered AI-based trading bot is using bleeding-edge technology that combines proprietary deep neural networking with large language models.

More advanced than any of its competitors, the AlgosOne machine learning algorithm is learning from every trade it executes, every dataset it processes, and every new user to boost its predictive accuracy and mitigate risk more effectively. In fact, the platform currently boasts a trade success rate of over 80%, which should only get better over time.

How AlgosOne Works

AlgosOne is fully autonomous. All the user needs to do is register and deposit. There is no research, strategy creation, or risk management planning and implementation. AlgosOne does it all, from data collection to trade execution. The user is then free to get on with their day while the bot gets to work.

While many trades require no user involvement, for others, the user is sent a trade signal, a notification with the details of the proposed trade. For these, they simply need to click the “Approve” button, and the trade will be executed. 

Users can track their progress by viewing their balance and the details of each trade, as well as their overall win/loss ratio, through the dashboard at any time.

In terms of costs, there are no subscription, deposit or transaction fees, just a commission, which is only charged on winning trades. All the revenue from commissions gets funneled back into the platform. Half goes to running the platform (e.g., risk management, support and technical oversight teams), and the other half goes to paying compensation for losing trades and funding the AlgosOne Reserve Fund, which provides user capital coverage in the case of a hack, technical failure, company collapse or extreme market upheaval.  

The amount that is earned in profits, paid in commissions or received in compensation depends on the user’s trading tier, which is based on the size of their deposit.

The platform’s ability to provide a steady, consistent revenue stream to traders at every level is, in large part, the result of its advanced and diverse range of risk management protocols. Let’s take a closer look at how AlgosOne’s AI is able to improve its predictive capabilities and ensure secure crypto trading practices.

A Wealth of Well-analyzed Data 

AlgosOne’s ability to make the right trading decisions at the right time is dependent on its ability to perform in-depth analysis of a massive range of data points. Using large language models, the AI trading system is tracking a huge volume of data at once from every corner of the internet and in every language, covering all types of sources from Bloomberg to Reddit.

The data includes social media sentiment, economic indicators, financial reports, news relating to geopolitical developments, macroeconomic trends and company and commodity-specific data.  Comprehensive real-time  monitoring of all these sources, 24/7, enables the AI to identify trends, patterns and price anomalies at lightning-speed.

As a result, AlgosOne is exceptionally well-equipped to accurately predict price trajectories and adjust AI trading strategies on the fly to protect against risk and boost profit potential .

Precise Predictive Modeling

AlgosOne doesn’t simply process and parse real-time market information. It also performs in-depth analysis of historical market data, such as past returns, volatility metrics, and trading volumes. It’s incredibly advanced deep learning capabilities mean it can learn from past data,  identify statistical relationships within huge datasets, perform complex predictive analytics, and forecast future price trends with exceptional precision.

Powerful Risk Mitigation Protocols

AlgosOne also implements a comprehensive array of risk mitigation protocols for every trade. These include Stop Loss orders that reduce the potential downside if the market changes its trajectory unexpectedly;  limits on open positions; automated hedging, and investment caps, which limit the percentage of a user’s trading  balance that can be allocated for any single trade.

The parameters for these risk management measures are dynamic, and the AI automatically adjusts them on an ongoing basis, to suit ever-changing market conditions.

Deep Learning Technologies

 AlgosOne’s next-generation machine-learning capabilities mimic human intelligence and enable it to learn from experience. This means that the AI is constantly  improving its ability to process fresh data and use it to update its strategy logic and hone its risk controls.

 The algorithm is learning, training, testing, and validating data every second of the day. In this way,  AlgosOne maintains a technological edge by consistently getting better at balancing risk-adjusted returns, reducing its exposure and optimizing the potential upside from every trade.

Broad Backtesting Capabilities

By integrating backtesting and deep learning capabilities, AlgosOne’s ability to set appropriate risk parameters and allocate user-funds to the best risk-return opportunities is continuously improving.

AlgosOne backtests trading strategies and risk management profiles with historical data. The algorithm is able to assess how the AI would have performed in different situations and evolve strategies for a wide variety of market scenarios.

Portfolio Diversification Across Multiple Markets

AlgosOne’s machine-learning algorithm also mitigates risk through diversification across multiple asset classes. The AI trading bot trades a wide variety of markets simultaneously, from stocks and indices to forex, commodities, cryptocurrencies, and bonds. 

By spreading trading capital across an extensive range of instruments, AlgosOne minimizes exposure, protecting the overall portfolio by lessening the risk of having all of the user’s eggs in a single basket.  For example, if the crypto market were to experience another crash, traditional currencies could remain strong.

Round the Clock Human Oversight

No matter how sophisticated an AI may be, there is always the danger of a technical glitch, a flawed inference, or an anomalous market event that the algorithm failed to anticipate. To ensure safe crypto trading technical support teams provide 24/7 monitoring with the ability to instantly intervene in the case of a technical failure.

AlgosOne has also instituted another guardrail – human oversight by teams of experienced risk management specialists. They track market activity around the clock and oversee the functioning of the AI, with the ability to pause trading and implement emergency measures to protect user capital if necessary. 

The merging of expert human judgment, insight and discretion with the incredible speed and efficiency of highly advanced machine learning intelligence has enabled AlgosOne to provide unparalleled predictive accuracy and effective risk mitigation

AlgosOne’s 14 day trial enables users to give this one-of-a-kind  AI trading system a try without a commitment. To benefit from this opportunity,  give AlgosOne a go today! 

Disclaimer

This article is sponsored content and does not represent the views or opinions of BeInCrypto. While we adhere to the Trust Project guidelines for unbiased and transparent reporting, this content is created by a third party and is intended for promotional purposes. Readers are advised to verify information independently and consult with a professional before making decisions based on this sponsored content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.



Source link

Coinbase

Be the first to comment

Leave a Reply

Your email address will not be published.


*