CEO of TechBerry Revealed Unique Test Results on the Capabilities of Automated AI Trading with Crypto

CEO of TechBerry Revealed Unique Test Results on the Capabilities of Automated AI Trading with Crypto
May 29th, 2017

CEO of TechBerry, Bruno Bailey, told the New York Times that, at the moment, cryptocurrency pairs are not suitable for automated trading on AI-based platforms. "We have conducted numerous tests in this area. To be fair, the number of profitable sessions always exceeded the number of unprofitable ones, but this result was within the margin of statistical error.
Our list of fiat currency pairs remains unchanged, namely EUR/USD, GBP/ USD, USD/CAD, USD/CHF, and USD/JPY. It is possible that in the future, AI-based platforms will be capable of working with crypto. However, for now, the results show that the capabilities of automated AI trading with crypto cannot guarantee consistent profit, unlike fiat currency pairs,"
he said.

Shandor Brenner

Shandor Brenner is an American journalist recognized for his sharp and insightful reporting on social and political issues. His work is known for its depth, integrity, and the ability to highlight critical societal concerns.

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