Martingale AI strategy has been added to Bitget‘s range of Martingale investing strategy services, the leading crypto derivatives and copy trading platform. The new tool aims to give cryptocurrency beginners a practical and sophisticated investment plan made possible by AI.
In order to take advantage of this investing approach and make Martingale more accessible to new traders, Bitget developed the Martingale AI function. The Martingale trading method is increasing the investment amount following a fall in an effort to make up lost ground and earn a profit. This technique is based on historical data that shows how markets tend to increase in value over time. By using this data, investors can gain a more comprehensive understanding of market behavior, change their trading accordingly, and allocate capital more effectively.
After traders select their risk tolerance and investment frequency in accordance with the guidelines suggested by Bitget’s in-house AI, Martingale AI enables automatic trading. Bitget’s back-end algorithms determine the parameters based on previous market prices and asset swings, giving traders trustworthy investing benchmarks.
The Martingale approach on Bitget has a variety of benefits for both inexperienced and seasoned traders, including two-way trading, which is appropriate for bulls and bears. Traders can profit by going long or short, purchasing at the bottom, or catching callbacks after choosing the Martingale method. Another key benefit is the customizable, manageable risk, which enables traders to change the profit target and the multipliers of additional positions in accordance with their own trading preferences and risk tolerance. By using AI and choosing from the categories the system has separated, such as conservative, balanced, and aggressive, new traders can test strategies that were developed with a lower threshold.
The Bitget Futures Martingale technique allows for leverage of up to 100x, giving traders access to large sums of money and accommodating traders with various risk tolerances. Such a strategy offers a wide range of customers who want to try out cryptocurrency trading new vistas of possibility in the trading of digital assets.
According to Gracy Chen, managing director of Bitget, “The introduction of Martingale AI represents Bitget’s commitment to empowering users with the tools and strategies to invest confidently and wisely according to their needs. The purpose of Bitget, which is to assist people in safely embracing digital assets, is aligned with the provision of straightforward yet complex services that make use of AI. In order to empower investors, we will keep looking at new methods to incorporate AI into our products and services. These additional functions are being added as Bitget expands the services it offers in light of a worldwide expansion and beyond derivative strategy.”
Source: PRNewswire
