- MoeMentum University
- Posts
- 🧠 3 ways AI can make you money
🧠 3 ways AI can make you money
AI is here to work for us.
GM Seedphrase Nation 👋 By the end of this email, you'll know more about AI than 90% of people. No youtube needed. 4 minute read.
📓 Today's Agenda:
💪 The Warm-Up: 3 Ways AI can make you money
🏋️♀️ The Big Leagues: Our AI token picks
😂 Meme of the Day
3 Ways AI Can Help Make You Money
Are you using AI to make money in crypto? If not, what are you waiting for?
We've seen AI generated profile pictures go viral faster than the Stop Kony 2012 campaign.
This got us thinking...are we, the human race, really that stupid?
A technology that mimics human intelligence in order to help humans with anything is made public.... and we're using it to post low-quality photos of ourselves?
Here's 3 ways to actually utilize AI.
#1 Price Predictions
First, you want to sign up for ChatGPT (if you haven't already). It's completely free and takes seconds.
Think of ChatGPT like the Magic Conch 🐚: you can ask it anything you want.
But if you don't know how to ask it a question, you'll be stuck like Squidward asking for food.
In this case, the "food" is financial advice. ChatGPT is not meant to act as an advisor, and if it feels like that's what you're asking for it will shut you down. But we don't want financial advice, we're just curious to see what types of functions and outcomes AI can handle.
So we had to get creative.
Scenario 1: Direct
ChatGPT shut us down, as expected... But no match for a human.
Scenario 2: Indirect
Can you guess the answer we got?
Wow, she's really... (pause for dramatic effect) something. But she's right, BTC historically does well in the month of December.
While ChatGPT isn't going to give you a play-by-play, it can help answer all sorts of questions so you can come to a well rounded decision.
tip: If you're not getting helpful answers, ask yourself how
#2 Create a Trading Bot with NO Coding
You've probably heard about the benefits of a trading bot, but you might not know where to start.
Good thing ChatGPT is a pretty good coder. Trading bots work based on the code they're programmed to execute. Pine Script is a programming language created to test different trading strategies. It's similar to other programming languages using variables, loops, and functions.
Many traders spend time learning code for this feature alone. But not you. You're not here to code.
Instead, you're going to command ChatGPT to do it.
Input: Find me a trading bot in Pine Script that finds breakouts.
Don't know what breakouts are? We asked ChatGPT. "Breakout trading is a strategy that takes advantage of the volatility in cryptocurrency markets to buy low and sell high."
Result: you'll see code. But don't panic, you don't have to read it. You just copy and paste it.
Now you might be wondering, what data is being used to determine these decisions? Well...
So we asked ChatGPT: "What are the indicators used in the Pine Script breakout detection algorithm?" The bot will provide feedback on what data is used in the algorithm and how it works (i.e., bollinger bands). This helps you understand what the code is actually doing. Then, you can instruct ChatGPT to make any adjustments you want.
In this example, let's say you want to know what indications this algorithm uses to detect breakout.
Simply ask
What more do you want?
Ok fine here's more: This Youtuber gave an AI trading bot $50K for 5 days. The results may surprise you.
#3 Time is Money
Your time is the most valuable luxury you have. Why waste it if you don't have to?
Utilize ChatGPT to make become ten times more efficient day-to-day.
Here are 4 ways to reclaim your time from those dreaded time consuming tasks.
Long email you don't want to glaze over? Paste it into ChatGPT and ask it to give you a bulleted summary.
Stuck on starting a report, paper, email, or apology text to your coworkers after getting blacked out at the holiday party? Provide ChatGPT the prompt, any data you have, and some direction, and the bot will do its magic.
Want to learn something new without reading a 20 page article? Paste the link into ChatGPT and ask it to summarize the article.
Travel plans? Use ChatGPT to find your ideal hotel, the cheapest flights, and keep your planning organized.
Content creator? Ask chatGPT to write your hooks, or even your entire script.
It's 2023. This is THE year to work smarter, not harder.
Have you used ChatGPT? Let us know your experience. |
Sponsor of the Day: Coin Ledger
Is this your first year holding crypto? Have you thought about taxes?
Coin Ledger is a crypto and NFT tax software designed to maximize your refund & get your crypto taxes done in minutes.
Trusted by over 300,000 investors, you can calculate your crypto taxes in 3 easy steps.
Import your crypto transactions from your wallets and exchanges,
Watch the platform calculate your gains and losses for all your transactions — trading, staking, NFTs, or anything else
Watch it generate your tax report with the click of a button.
Go here and use our code for a discount: CRYPTOTAX10
The Best Way to Make Money with AI
Chat GPT was the warm up. Welcome to the big leagues, where we give you a peep at our premium content.
Today's topic: AI & the Blockchain.
We cover:
Imagine this: the year is 2035, you're in a dingy, dimly lit dive bar having a drink after a long work day. You're frustrated and angry- you should have been retired by now. If only you listened to Seedphrase Daily and invested in one of the highest-growth sectors when the opportunity was still there.
You could have been like those Boomers that got rich on Amazon stocks.
The Facts:
ChatGPT onboarded 1 million users in 5 days, faster than Facebook or Instagram.
Open AI is projected to generate $1B in revenue by 2024.
Nearly a year ago, MIT's business school published an article detailing how businesses are already making serious money using AI.
In 2019, 70% of companies reported little or no value on their AI investments.
By 2022, 92% of large companies reported positive returns on AI investments.
Do you see how fast this space is moving?
The time to invest in AI for huge returns was yesterday. Time is ticking...
Most don't have time to research for hours which AI investments are the best to make, then spend days contemplating it. So we're here to make it easy for you.
Our team of experts did 6 hours of research for today's premium. We give you our top AI tokens, why we like them, other industries to look at for AI investments, and market response.
Our top AI token picks are mapped out for you in our premium email. Get a free trial today to reveal.
INTERESTED IN WORKING WITH US?
Help us make these emails better. |
😂 MEME OF THE DAY:The plan is simple, but not easy.
Crypto meme series:
Never forget the classics.— DaDai Space Rescue (@DaDai_Space)
3:32 AM • Jan 3, 2023
DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research
Reply