The US approval of the Bitcoin exchange-traded fund (ETF) represents a huge step forward for mainstream cryptocurrency adoption. Traders wishing to capitalize on this new mode of investing in the world’s most dynamic asset-class, and an artificial intelligence (AI)-based trading bot could become a great support for this.
To examine how an AI trading solution can become an efficient way to take advantage of the opportunities provided by the Bitcoin ETF, we’ll use the example of Algosone.ai.
AlgosOne is a recently launched machine learning (ML) crypto trading algorithm, with its new proprietary technology. AlgosOne has developed its own deep learning, neural networks, which it has combined with next-generation large language models (LLMs). The algorithm is designed to make digital asset trading accessible to both beginners and experienced users. To start using the bot, users need to register and deposit funds and the AI does everything else, without requiring any programming, research, analysis, strategy development, risk management, wallet creation, or trade execution.
Portfolio Diversification
The Bitcoin ETF will provide access to price shifts on Bitcoin futures contracts but crypto market exposure will be limited. In contrast, with AI trading algorithms users can benefit from automated trading on a vast array of cryptocurrencies.
AlgosOne trades established crypto assets and up-and-coming altcoins, as well as a range of additional asset types, from stocks and commodities to bonds, forex and indices. This will be one of the ways for Bitcoin ETF traders to mitigate risks with a diverse portfolio and benefit from opportunities on a large array of assets.
Mitigated Risk
Any time a tra
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Author: BeInCrypto Team
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