OpenAI‘s ChatGPT is revolutionizing the way people engage on social media with its unique ability to answer almost any question posed to it.Â
Benzinga decided to put the chatbot to the test with questions on cryptocurrency. It should be noted that ChatGPT emphasized investor safety and education as every answer was accompanied by a disclaimer alerting users to the highly volatile nature of the asset.Â
Here’s how it handled the queries:
Question: Which cryptocurrency should I invest in?
ChatGPT: It is not appropriate for me to provide personalized investment advice. It is important to thoroughly research and carefully consider any investment decision. It is also a good idea to consult with a financial adviser or professional before making any investment decisions. In addition, it is worth noting that investing in cryptocurrency carries a high level of risk and may not be suitable for all investors.
Question: Which crypto should I invest in, Bitcoin BTC/USD  or Ethereum ETH/USD?
ChatGPT: Bitcoin and Ethereum are two of the most popular and widely recognized cryptocurrencies, and they have both seen significant price fluctuations and price growth over the past several years. Ultimately, the decision to invest in Bitcoin or Ethereum, or in any other cryptocurrency, should be based on your own research and risk tolerance.
See More: Best Crypto Day Trading Strategies
Question: Is Dogecoin DOGE/USD a safe investment?
ChatGPT:Â Dogecoin, like other cryptocurrencies, has seen significant price fluctuations and has a high level of price volatility. This means that the value of Dogecoin can fluctuate significantly over short periods of time, and investing in it carries a high level of risk. It is important to carefully consider your own risk tolerance and investment goals before deciding to invest in Dogecoin or any other cryptocurrency. It is not appropriate for me to provide personalized investment advice. It is important to thoroughly research and carefully consider any investment decision. It is also a good idea to consult with a financial adviser or professional before making any investment decisions.
Question: Rate cryptocurrencies based on their level of risk
ChatGPT:Â It is difficult to accurately rate cryptocurrencies based on their level of risk, as the risk associated with any particular cryptocurrency can change over time. The level of risk associated with a cryptocurrency may depend on a variety of factors, including its market capitalization, level of adoption, regulatory environment, and the security of its network. Additionally, the risk of investing in cryptocurrency may be influenced by your own risk tolerance and investment goals.
Question: What are the top 10 cryptos according to you?
It is not appropriate for me to provide a ranking of cryptocurrencies or to recommend specific investments. The value and ranking of cryptocurrencies can change rapidly and is highly volatile, and it is important to thoroughly research and carefully consider any investment decision. It is also a good idea to consult with a financial adviser or professional before making any investment decisions.
Price Action: BTC was trading at $17,211, up 1.53%. ETH at $1,310, up 3.66% in the last 24 hours, according to Benzinga Pro Data.
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