AI is converting everyday investors to crypto

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If someone were to Google “how to buy crypto,” they would come across thousands of resources, from articles to YouTube videos, detailing the ins and outs and introducing potential holders to digital assets. Browsing through these resources may eventually inspire those with basic knowledge about cryptocurrency to take their first steps.

But this openness comes to a halt when it comes to newcomers actually purchasing digital assets, preventing them from fully engaging with the ecosystem.

Practical barriers for new adopters have hindered crypto exploration. For example, the idea of ​​relying on a single password to secure all of your assets can be daunting. An analysis by the Wall Street Journal found that 20 percent of Bitcoin (BTC) is lost due to forgotten passwords, lost keys and the complexity of wallet management, highlighting the risks posed by these frameworks.

Unlike crypto-related volatility, traditional investment options have been around for centuries and provide a more established framework for individuals to build their financial portfolios. For example, even professional financial advisors are accessible resources in the financial field and play an important role in helping clients create strategies that align with their financial goals.

Beyond human resources, traditional finance is integrating artificial intelligence to improve portfolio management and streamline trading strategies, enabling faster decision-making and improved risk assessment. Why can’t blockchain do the same?

“Robo advisors” have emerged as automated financial advisors that provide wealth management services without human interaction. These advisors make it easier for individuals to manage their portfolios by using algorithms to automate investing based on information such as risk tolerance and investment preferences.

This level of guidance and personalized support should be standard in the crypto world, as the lack of support available makes it difficult for newcomers to navigate their options and make informed decisions in an already complex and volatile environment. After all, crypto will be the currency of the future; This means he needs to improve his intuitiveness.

Recognizing this gap, some developers are focusing on creating personalized help on crypto platforms that accommodate both newcomers and experts. Personalized assistance through AI tools can help users gain a deeper understanding of market dynamics, allowing them to interpret trends, assess risks, and make strategic decisions.

For example, GT Protocol has developed a blockchain AI application and web3 investment platform specifically designed to help close the information gap. The platform makes the transition to crypto more accessible by providing AI-driven infrastructure to aid web3 investing, trading, and portfolio management.

What specifically sets the GT Protocol apart is that its purpose-built AI Assistant can extract precise, real-time information with high accuracy. AI Assistant also includes an execution layer that allows it to analyze data and execute tasks, including implementing strategies based on market signals and managing processes at multiple layers.

Essentially, it gives cryptocurrency newcomers an extra set of hands that they wouldn’t normally get. But if users don’t always feel like they have to fly alone, this could make a big difference in engaging the next billion. GT Protocol has also been rewarded with the extra effort that has propelled its token to become one of the top gainers on BNB Chain over the past 30 days.

Accepting the unknown of cryptocurrency can lead to growth and new opportunities, encouraging investors to embrace new financial avenues. However, it can quickly become overwhelming for anyone who is not a hobbyist or financial expert to follow. Leveraging supporting tools and resources can be vital in helping individuals meet the challenges of blockchain adoption with greater confidence and become stronger in their economic endeavors.