Transforming Average Investors into Crypto Enthusiasts
Disclaimer: The opinions expressed in this article are solely those of the author and do not represent the views and opinions of crypto.news’ editorial team.
For anyone searching “how to buy crypto” on Google, there are countless resources available, including articles and YouTube videos, that explain the ins and outs of digital assets. These resources may inspire those with a basic understanding of cryptocurrency to dip their toes into the world of digital assets.
However, the simplicity ends there when it comes to newcomers actually purchasing digital assets, which can be discouraging and prevent them from fully engaging with the ecosystem.
Newcomers face practical barriers when exploring crypto. For example, the idea of relying on a single password to secure all assets can be intimidating. A Wall Street Journal analysis found that 20 percent of Bitcoin (BTC) has been lost due to forgotten passwords, lost keys, and the complexities of wallet management, highlighting the risks associated with these systems.
In contrast to the volatility of crypto, traditional investment options have been around for centuries, offering a more established framework for individuals to build their financial portfolios. Even professional financial advisors are accessible resources within finance, playing a crucial role in helping clients create strategies tailored to their financial goals.
Traditional finance has also integrated AI to enhance portfolio management and streamline trading strategies, enabling faster decision-making and improved risk assessment. The question arises: why can’t blockchain do the same?
“Robo advisors” have emerged as automated financial advisors that provide wealth management services without human interaction. These advisors use algorithms to automate investing based on information like risk tolerance and investment preferences, making portfolio management easier for individuals.
This level of guidance and personalized support should be standard in the crypto realm. The lack of support makes it difficult for newcomers to navigate their options and make informed decisions in an already complex and volatile environment. Crypto is meant to be the currency of the future, which means it must become more intuitive.
Recognizing this gap, some developers are focusing on creating personalized assistance on crypto platforms that accommodate both newcomers and experts. Personalized assistance through AI tools can help users gain a deeper understanding of market dynamics, enabling them to interpret trends, evaluate risks, and make strategic decisions.
For example, GT Protocol has developed a blockchain AI execution and web3 investment platform specifically designed to help bridge the knowledge gap. The platform provides AI-driven infrastructure to assist with web3 investments, trading, and portfolio management, making the transition to crypto more accessible.
What sets GT Protocol apart is its purpose-built AI Assistant, which can extract precise, real-time information with a high degree of accuracy. The AI Assistant also includes an execution layer, enabling it to analyze data and execute tasks, such as implementing strategies based on market signals and managing processes across multiple layers.
In essence, it gives crypto newcomers an extra set of hands that they normally wouldn’t receive. This extra support has also paid off for GT Protocol, with its token being a top gainer on BNB Chain for the past 30 days.
Embracing the unfamiliarity of crypto can lead to growth and new opportunities, encouraging investors to explore new financial avenues. However, it can quickly become overwhelming for anyone who isn’t a hobbyist or financial expert. Leveraging supportive tools and resources can be vital in helping individuals navigate the challenges of blockchain adoption with greater confidence and become more empowered in their economic pursuits.
