People were excited and inspired by stories like that of Alan Aronoff, who turned an $8,500 investment into millions in just a few months through shrewd crypto trading.
More than anything else, it's because they can afford to use sophisticated algorithms to help make better trading decisions.
The reason why algorithms are so popular, and why good algorithms are so sought-after, is because they are extremely useful.
The crypto industry could be even more suited to the use of sophisticated algorithms than the traditional finance industry due to the exceedingly high levels of volatility.
It requires a significant level of skill to be able to code a trading algorithm that actually works, and even more to build one that is successful.
For the average user, the majority of these algorithms are inaccessible.
As a result, to level the playing field and tackle the widening gap between millionaire investors and ordinary people, we need to make algorithms accessible to everyone.
Allowing ordinary investors to build their own algorithms easily and affordably is a goal that lines up closely with crypto's fundamental values.
Users who build successful algorithms will also be able to sell them to others within the platform to monetize their talent whilst helping others.
It is hoped that by working to make such sophisticated algorithms accessible to everyone, the cryptocurrency industry will remain a space with opportunities available to everyone.
Making Crypto Trading a Possibility for Everyone
gepubliceerd op Aug 9, 2018
by Cryptoslate | gepubliceerd op Coinage
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