Written by Giovanni Pignistaff writerReviewed by Bryan O'Sheastaff editorHuman vs. AI: Who is better at crypto investing?
MagazinePublishedSep 8, 2023
Cointelegraph journalist Giovanni Pigni spent two weeks challenging an AI program in a crypto investment competition.
Cointelegraph video journalist and YouTube host Giovanni Pigni challenged ChatGPT to a crypto investment game. Both contenders had $100 to build a strong crypto portfolio and make as much money as possible in two weeks.
The goal of the experiment was to find out whether artificial intelligence can beat a human in crypto trading and to find human strengths and weaknesses relative to AI’s investment approach.
In order to build the AI’s crypto portfolio, Giovanni trained it on a summary of the main events that happened in crypto in the last two years. Given the bearish market conditions of the previous few months, ChatGPT came up with a low-risk portfolio.
To build his own portfolio, Giovanni relied on the expert advice of Cointelegraph market analyst Marcel Pechman, who suggested a more aggressive but riskier approach.
Pechman recommended betting on high-beta decentralized finance tokens that were deeply affected by the Curve Finance hack in July. The logic was that those tokens had a good chance to bounce back and outperform large-cap cryptocurrencies like Bitcoin (BTC) and Ether (ETH).
To find out who came out as the winner of the challenge, watch the full video on the Cointelegraph YouTube channel, and don’t forget to subscribe!
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Cointelegraph publishes long-form journalism, analysis and narrative reporting produced by Cointelegraph’s in-house editorial team with subject-matter expertise. All articles are edited and reviewed by Cointelegraph editors in line with our editorial standards. Some articles contain affiliate links, from which Cointelegraph may earn a commission. These relationships do not influence which products we review or our editorial conclusions. Content published in here does not constitute financial, legal or investment advice. Readers should conduct their own research and consult qualified professionals where appropriate. Cointelegraph maintains full editorial independence.
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