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Degas Wright – the founder of Decatur Capital says companies that can bundle artificial intelligence into their current offerings will do well in 2024.

In particular, the asset manager is convinced healthcare and technology are two sectors that can seemingly integrate AI into existing products.

His notable picks in the two sectors include Microsoft Corp and Regeneron Pharmaceuticals Inc. On CNBC’s “Worldwide Exchange”, Wright recently said:

You want to focus on companies that are suppliers to the artificial intelligence industry – and those that can do application. So, you have to look under the hood and understand how AI impacts their business.

All in all, what his remarks suggest is that the expert sees rapid growth in AI which started early last year pretty much when Microsoft announced a multi-billion-dollar investment in OpenAI to continue in 2024.

Considering that artificial intelligence is an expanding addressable market, it’s more than likely that the related benefit won’t be restricted only to the giants like $MSFT or $REGN. Recently launched platforms like Bitbot may take advantage of the tailwind as well.

Bitbot is an AI-enabled project that’s committed to maximising your returns out of cryptocurrencies as a trader.

It’s a Telegram trading bot that taps on artificial intelligence to bring institutional-grade tools to the retail investors.

The crypto market is broadly anticipated to have a strong 2024 now that the Securities & Exchange Commission of the United States has approved the Spot Bitcoin ETFs – and Bitbot wants to make sure that you’re not left behind on the expected rally.

If security has been a notable reason why you haven’t experimented with trading bots so far, Bitbot is suitable for you since it is essentially the pioneer of non-custodial trading bots.  

Simply put, Bitbot has set out to minimise the risk and improve returns for crypto traders in 2024. You can find out more this up-and-coming platform on its website here.

Interestingly, Bitbot is an investment in itself. Why – because it is powered by a native token of its own.

Taking an early position in the Bitbot token that currently is in pre-sale is a way to gain exposure to two of the fastest growing markets out there: cryptocurrencies and artificial intelligence.

Statista, for example, forecasts AI to be a $2.0 trillion market by 2030 versus about $200 billion only at writing. The native token is currently priced at $0.01 only so you won’t have to break the bank to invest in it either. According to the Bitbot website:

Bitbot will use part of its pre-sale allocation for competitions – the first of which is a $100K competition.

Click here to visit the website and explore simple ways in which you can invest in the Bitbot token.

Bitbot has raised well over $0.3 million in a matter of days that speaks volumes to the kind of demand it’s attracting from the investment community. That typically is a sign of a good investment.

It is worth mentioning here that owning the native token does also open doors for you to a world of exclusive features including gem scanner, copy trading, and eligibility to participate in the referral programme as well as benefit from its revenue sharing initiative.

Once the pre-sale ends and tokens are released, Bitbot will list on a prominent crypto exchange that historically invites more demand which translates to price appreciation.

Lastly, remember that the aforementioned token is a crypto at its core. So, it will likely benefit from the broader crypto market tailwinds. These include the expected pivot of the Federal Reserve to cutting rates this year and Bitcoin halving that’s scheduled for the coming April.

Visit the website on this link to discover more about what Bitbot has to offer.

The post Should you invest in Bitbot as Degas Wright touts AI for 2024 appeared first on Invezz

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