Study: AI Bots Now Handle 67% of Gen Z Cryptocurrency Trades

A recent study indicates that the use of artificial intelligence bots in cryptocurrency trading is experiencing significant growth among Generation Z. According to the findings, these bots are responsible for executing nearly two-thirds of the trading activities carried out by this demographic, highlighting a growing reliance on technology in making investment decisions. This surge is attributed to the bots’ capacity to rapidly and efficiently analyze vast quantities of data, and execute trades based on predetermined strategies. This enables Gen Z traders to capitalize on available market opportunities without needing to constantly monitor the markets. Furthermore, these bots offer advantages such as minimizing emotional biases that can influence trading decisions, and increasing the potential for profitable outcomes. However, users should exercise caution and understand the risks associated with using these tools, including the possibility of technical malfunctions or exploitation by untrustworthy entities.