Cryptocurrency and Artificial Intelligence

Cryptocurrency has generated consistent, and sometimes shocking returns over the past year. Since the first cryptocurrency emerged back in 2009; there has been rapid growth of the digital asset and we have seen the emergence of numerous other cryptocurrencies. There are over four thousand cryptocurrencies today, and more are being created constantly. Despite its many highs, cryptocurrency has its challenges, including technical hitches.

Notwithstanding the popularity garnered over the years, there are still confusions among new investors when it comes to investing in cryptocurrency. The trading and decentralization of the currency are still relatively new concepts. Also, the volatility and fluctuations in valuations can be further confusing. Hence, making emotion based decisions when investing has become rather inevitable in the crypto world.

To successfully trade and make profits investing in cryptocurrency, proper research and study of the market is required, and this takes a lot of time and skill.

Artificial Intelligence

AI is becoming more necessary and efficient for day-to-day tasks than humans, by the day. With the advancement of technology, it has been projected that one day, humans may become obsolete in many sectors. Right now, technology and humans complement each other, and work is carried out faster, and better. Like most advancing sectors, business and finance must now embrace innovation and continuously adapt to the evolution. Investors and traders are now looking to artificial intelligence for more profitable investment decisions.

Cryptocurrencies are built on blockchain technology, and having AI work alongside blockchain will address many of the challenges faced in cryptocurrency. AI's ability to...