Crypto markets can be an emotional rollercoaster. Prone to extremes of both fear and greed, retail traders often find themselves succumbing to psychological biases that distort rational decision-making. FOMO (fear of missing out) can compel traders to jump into “hot” coins at precisely the wrong time. And the reflexive urge to panic sell at the first sign of a dip frequently locks in losses.
These issues highlight the need for cold, hard data to cut through all the noise. Herein lies the promise of artificial intelligence in crypto investing. By crunching vast amounts of information and detecting subtle patterns, predictive AI has the potential to minimize human error and equip traders with an analytical edge.
One project planning to democratize AI for crypto investors is yPredict, which is currently running a presale campaign that managed to raise $5.5 million so far.
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Built on Polygon, yPredict offers users AI-powered trading signals, predictive analytics, and other trading tools to enhance investing outcomes.
A prediction marketplace where data scientists can monetize custom models is the core offering of yPredict, which will provide retail crypto investors with institutional-grade insights. yPredict will also feature an AI section with free price predictions for major cryptocurrencies, allowing users a glimpse of the platform’s capabilities before subscribing to premium services.
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