GPT-4’s Bold Crypto Experiment: Investing in Bitcoin, Ether, and Cosmos

Estimated read time 3 min read

The AI Economic Adventure Begins

In a revelation that makes even the most seasoned investors question their life choices, the latest version of the AI chatbot ChatGPT, GPT-4, has embarked on a crypto-investment escapade. Launched on March 17, this AI experiment aims to dive into the wild world of cryptocurrencies with a modest sum of $100. But hold your horses, because this isn’t just playing with Monopoly money. This is an AI trying to get richer in the shortest time possible!

Coming Up with the Investment Plan

Before GPT-4 could unleash its digital dollar-making prowess, Cointelegraph had to dress up its instructions in a way that GPT felt cozy enough to offer suitable trading advice. The experimenters provided the AI with a wealth of market data, including year-end summaries from 2021 and 2022 and highlights from recent market news. Talk about sweet-talking a bot!

What the Market Has Been Up To

The crypto market has been a rollercoaster—money flying around like confetti at a party gone wrong. Recent turbulence caused by the failures of Silicon Valley Bank and Signature Bank sent shudders through the financial landscape. The mix of regulatory pressure and macroeconomic quirks has left cryptocurrencies wobbling. So, what does our robot buddy suggest for managing the chaos?

The Grand Allocation

  • Bitcoin (BTC): $50 – Despite the recent market hiccups, GPT-4 insists bitcoin is still the heavy-hitter. “Think of it as a life raft amid a storm,” it quipped while suggesting a potential rise toward $100,000.
  • Ether (ETH): $25 – With Ethereum’s highly anticipated Shanghai upgrade on the horizon, it may be time to put your eggs in this basket as well, as it could strengthen ETH’s role as the cool kid on the block.
  • Cosmos (ATOM): $15 – GPT-4 recognized the potential of Cosmos’ Interchain Security to broaden investment horizons, and who wouldn’t want a slice of that action?
  • NFT and Web3 Projects: $10 – Because apparently, any good portfolio needs some digital art and virtual escapades!

Extra Sprinkles on Top

But wait, there’s more! The chatbot didn’t stop there. It encouraged Cointelegraph to stifle curiosity about the metaverse and threw in:

  • Decentraland’s MANA: $6 – A little investment into virtual worlds because the metaverse is the next big carnival.
  • Chainlink’s LINK: $4 – With Web3 gaining steam, the demand for off-chain data is as real as your Monday morning coffee. LINK is the oracle of choice!

Where Are We Now?

As the experiment unfolds, Cointelegraph is channeling its inner Wall Street guru by tracking the performance of this digital portfolio on an exchange. Spoiler alert: There’s already been a small paper gain! This AI experiment is not just a fun exercise in crypto fiction; it aims to see how smart algorithms can read the market while human investors sip their lattes.

In a capstone that tugs at the heartstrings, any profits made at the end of this bold endeavor will go to a charity chosen by the community. Because whether it’s AI or humans playing with money, it’s always good to share the wealth!

You May Also Like

More From Author

+ There are no comments

Add yours