Ledger live cardano7/6/2023 ![]() ![]() ![]() The AI model developed by AMBCrypto, on the other hand, can. It is unlikely that ChatGPT can come up with predictions based on data for the prices of an asset, such as Cardano. The only limitation is the user’s imagination and familiarity with indicators. ![]() One can come up with an endless array of strategies to trade on various timeframes using a combination of TradingView indicators. Taking the help of ChatGPT in devising a basic intra-day strategy Yet, it was possible to get its prediction on Cardano (ADA) and Bitcoin (BTC) prices in the coming years, and its answer was intriguing. The chatbot does not have access to live data such as current market prices of various assets, nor is it aware of the developments on the global stage after September 2021. The bot can make logical inferences if presented with data from the indicators and can even analyze multiple indicators to make an overall inference. However, it’s training on the basic use of indicators used in technical analysis appeared sound. This is an important distinction as it forces the prerogative on the user to fact-check and verify what ChatGPT says. Although it tries to be accurate, the user must verify the information it generates, because the bot is not designed to be 100% accurate but rather to mimic a human. It is a language model whose primary purpose is to generate responses like a human. This allows the bot to understand and generate responses to complex queries from the user. Reportedly, ChatGPT 4.0 is better than version 3.5 in a multitude of ways.ĬhatGPT is a large-scale artificial intelligence language model developed by OpenAI that has been trained on enormous amounts of text data. On 14 March 2023, OpenAI announced the release of their newest, smartest bot so far. Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. ![]()
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