Curious about AI’s potential in crypto trading, I embarked on a 30-day challenge to test ChatGPT’s ability to identify promising yet lesser-known cryptocurrencies. My objective was straightforward: leverage AI insights to make daily trades and assess whether it could help generate a profit. Here’s how the journey unfolded.
The Trading Experiment: Strategy & Execution🔥🔥🔥
Each day, I consulted ChatGPT for a crypto recommendation, purchased the suggested asset, held it for 24 hours, and then sold it before selecting the next pick. The challenge kicked off with VeChain (VET), a blockchain designed for supply chain management. While its price remained stable on day one, the experiment had just begun.
During the first week, I completed five trades, with only two yielding profits, resulting in a slight net loss of $4. However, by the second week, patterns started emerging. ChatGPT frequently recommended assets gaining traction due to new developments or partnerships, such as Hedera (HBAR) and Zilliqa (ZIL). A major breakthrough came mid-month when Basic Attention Token (BAT) surged by 25% within 24 hours after being recommended—my most successful trade.
Results & Key Takeaways🌟🌟🌟
By the end of 30 days, I executed 21 trades, with 12 proving profitable, ultimately securing a $51 gain—a 51% return on my starting capital. The challenge revealed valuable lessons:
1. Precision in Queries Matters – Refining my prompts to request cryptos with recent advancements led to better suggestions.
2. Volatility is Inevitable – Crypto’s rapid price fluctuations reinforced the need for patience and risk management.
3. Minimizing Fees Boosts Returns – Trading on a low-fee platform like Binance preserved more of my profits.
4. AI Works Best with Strategy – Thoughtful prompt engineering significantly improved ChatGPT’s selections.
Final Thoughts💥💥💥
This experiment demonstrated that AI can be a powerful tool for discovering emerging cryptocurrencies, but success requires strategic execution. Despite some losses, the challenge proved profitable and provided insights into refining AI-assisted trading approaches. Moving forward, I plan to leverage these learnings for more informed investment decisions in the dynamic world of crypto trading.
#ChatGPT5 #BitcoinWhaleMove #Write2Earn