For the record, I believe that computer programs have the ability to create profitable trading bots. That's not the problem with this idea.
The problem is the same as with any other investment fund...fickle investors. This is especially true if you're marketing to retail investors, like B-Cube is.
Since these models are AI generated, investors won't know how they work. They will just be blindly throwing their money at a trading system and crossing their fingers. Heck, from their website, many times time AI developers might not even know how the program came to the conclusion.
Source: https://b-cube.ai/en/blog/pattern-recognition-with-ai-in-crypto-trading
"Have you ever heard about black boxes? In many cases, the programmers don't even know how did the AI came into the conclusion but it still works."
In addition, investors probably won't know how the bot manages risk, what the maximum historical drawdown of the strategy is and many more important details.
Therefore, investors will jump out and in at exactly the wrong times. They will chase winning strategies and bail out when there are a normal string of losses, which is usually when a strategy starts winning again.
Since this is also a crypto only platform, the bots will probably do very well in a bull market, but get slammed in a bear or flat market.
Might be worthwhile in a bull market, but it's going to be up to the human to bail out when things turn. Show Less
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