Bitcoin's Bumpy Ride: Why AI Trading Needs a Human Touch

Bitcoin is acting a bit unpredictable these days. It's like a rollercoaster that can't decide if it's going up, down, or sideways. The price is around $87, 609, but it's been bouncing between $84, 640 and $94, 408. Some tools say it might go up to $91, 771 next month, but who knows? Now, imagine using AI to trade Bitcoin. It sounds cool, right? But experts are warning that AI can make mistakes bigger if the data isn't perfect. They say it's like teaching a robot to cook using a recipe with typos. The robot might make a mess!So, how can you use AI safely? First, make sure the data is clean and reliable. Check the sources and keep records of everything. In Australia, it's extra important to keep good records for taxes. Also, don't trust the AI blindly. Always have a human double-checking its decisions. Start small and use fake money to practice. Only trade with real money once you're confident. And always have a plan to stop trading if something goes wrong. It's like having a safety net. Remember, AI is just a tool. It can help, but it's not perfect. Always think for yourself and make sure you understand why the AI is making certain decisions. That way, you can avoid big mistakes.