ChatGPT: How To Use It? Can You Use It to Trade Cryptocurrency?

Paigambar Mohan Raj
Source: MarketWatch

By now, many are aware of OpenAI’s ChatGPT chatbot. The artificial intelligence-powered tool is designed to mimic human conversation, but it can do much more than that. People are using the chatbot to find bugs in code, write essays, and poetry, and answer scientific questions, among other things. It can answer queries (a function that might one day compete with search engines), perform computations, translate data, and more.

With that said, let’s take a look at…

How to use ChatGPT?

Using the new AI-powered chatbot is relatively simple. Moreover, using the tool is completely free, at least for now.

The first step in using OpenAI’s chatbot is creating an account and registering on

Once an account has been created, users will be prompted to accept the terms and conditions. Once you have read and accepted the terms and conditions, you can start writing and chatting with the language model.

It’s critical to confirm the information you receive from ChatGPT since it occasionally provides false or incomplete information. The chatbot scans every corner of the internet to give as-accurate-as-possible answers to users. Moreover, it is constantly picking up new data from the text material it receives, which might make it vulnerable to error. To help the model get stronger, OpenAI advises users to utilize the thumbs-up/down buttons to rate what ChatGPT informs them.

Read more: ChatGPT: How Does It Work?

Can you use the chatbot to trade cryptocurrencies?

People have already begun using the AI-powered chatbot to help them trade cryptocurrencies. Using Pine Script, which is used by TradingView, and ChatGPT, users can develop new trading strategies, as pointed out by one Twitter user.

Users can use the chatbot to generate code to help them create automated trading strategies. Moreover, the user notes that traders and investors should enhance the effectiveness and reliability of their automated trading systems and more skillfully handle the dangers and uncertainties of the market by putting good risk management tactics into practice.

Although ChatGPT has had some issues with some users not being able to access it, there is no denying its significance and potential. We are only at the beginning stages of AI, and the sector is poised to grow in the next few years.

Read more: Why Is ChatGPT Not Working? How to Fix It?