How to use AI in cryptocurrency market analysis?

[Ja sa bong]

It's not news that AI can be used for almost everything. This is what brings me to asking how this haven't been focused on by great developers and AI programmers because if they can build an AI tool which is capable of analysing the cryptocurrency market in real time, it's going to make so many people rich.

Let's assume someone wants to do this, how does he or she start it?

 

[Nomad]

Make your prompts as descriptive as you can, feed your prompt with relevant information. AI can do a good analysis of the market but do not trust the predictions.

 

[Khan]

Great question! Honestly, you're spot on, AI in crypto analysis is such an exciting area with a lot of potential. Some developers are already using AI for price predictions, sentiment analysis, and even trading bots, but creating a tool that truly understands and adapts in real time is definitely a big challenge.

If someone wanted to get started, they'd probably need a mix of skills, understanding machine learning algorithms, having a solid grasp of how the crypto market works, (analysis of the market as @Nomad mentioned above) and experience with data collection (since you’d need tons of real-time data).
It could start with building a model that learns from historical data and then gradually integrate real-time updates. There are some tools and libraries like TensorFlow or PyTorch that could help for the ML part, but it’s definitely a big project!

Would love to hear if anyone else has ideas or maybe even has tried building something like this!