The cryptocurrency market, known for its volatility and complexity, is increasingly intersecting with artificial intelligence (AI). A recent CoinGecko survey provides insights on how crypto industry participants view AI’s potential in trading and investing.
The research study from CoinGecko polled 2,632 crypto enthusiasts, revealing a mix of optimism, skepticism, and curiosity about AI’s role in managing crypto portfolios.
The survey and research findings released by CoinGecko highlight a near-even split in confidence regarding AI’s ability to outperform humans in crypto markets.
Approximately 48.7% of respondents believe AI agents will generally be more profitable than humans in short-term crypto trading, while 46.6% hold a similar view for long-term investing.
Specifically, 26.7% expect AI to often outperform humans in trading, with 22.0% believing AI will always have the upper hand.
For long-term investing, 23.6% predict AI will frequently surpass human performance, and 23.0% think AI will consistently dominate.
However, the most prevalent individual belief is more cautious: 29.3% of participants think AI will only sometimes outperform humans in trading, and 28.3% say the same for investing.
On the flip side, a significant minority remains skeptical.
About 22% believe AI will rarely or never outperform humans in trading, and roughly 25% express similar doubts about AI’s effectiveness in long-term investing.
These results suggest that while AI’s potential is recognized, many in the crypto community are not yet fully convinced of its superiority.
Trust in AI to manage crypto wallets is another critical area explored by the survey.
Opinions are almost evenly divided, with 37.5% of respondents expressing distrust in AI agents accessing their wallets, 34.5% indicating trust, and 27.9% remaining neutral.
This reflects broader concerns about security and reliability in entrusting sensitive financial assets to AI systems.
Despite these reservations, curiosity about AI’s capabilities appears to outweigh caution for most participants.
A considerable 87.1% are willing to let AI manage at least 10% of their crypto portfolio, signaling an openness to experiment with the technology.
Notably, 35.9% are comfortable allowing AI to control 60% or more of their portfolio, including a bold 14.5%—or 1 in 7—who are ready to hand over their entire portfolio to an AI agent.
This group either trusts AI implicitly, believes the potential profits justify the risks, or simply has a high risk tolerance.
Conversely, 12.9% of respondents—1 in 8—refuse to let AI manage any portion of their portfolio, citing distrust or confidence in their own management skills.
Interestingly, 13.6% favor a balanced approach, opting to let AI handle exactly half of their holdings, making this the second most popular choice.
The survey’s findings underscore a growing interest in AI and their impact on the crypto space, tempered by lingering doubts about its reliability and security.
With 51% of respondents identifying as long-term investors and 26% as short-term traders, the diverse perspectives reflect the varied strategies within the crypto community.
Geographically, 93% of participants came from Europe, Asia, North America, and other jurisdictions, adding a global dimension to the results.
As AI technology evolves and continues to mature, its gradual integration into crypto trading and investing could reshape the market.
The willingness of a significant minority to entrust AI with substantial or entire investment portfolios suggests a future where AI-driven strategies become more mainstream.
However, for AI to gain broader acceptance, addressing trust and security concerns will be paramount.