SmartX
Oct 29, 2026

SmartX founder David says AI should assist, not decide, as retail traders face a harsher survival test

SmartX founder David said in an interview with PANews that artificial intelligence is pushing crypto trading from a search-driven model toward a recommendation-driven one, but that shift will not make trading easier for ordinary users. In his view, AI is most useful when it helps traders understand their own habits, risk tolerance, and preferred assets, rather than acting as an autonomous decision-maker. He warned that polished AI analysis can create a false sense of mastery, leading users to take on larger leverage and position sizes than they can actually handle. David also raised concerns about copy trading. Screenshots of profits, he said, do not necessarily reflect real performance, and many users end up outsourcing trust without being able to verify whether a trader’s record is genuine. He said SmartX is trying to combine the smooth user experience of centralized exchanges with the transparency of onchain data to address that gap. On his own trading approach, David described himself as a medium- to long-term swing trader who keeps roughly 80% of his trading book in blue-chip assets such as BTC, ETH, BNB, SOL, HYPE, and UNI, with the remaining 20% allocated to smaller tokens. He said the rule that matters most for retail traders is survival: do not go all in, understand leverage in the context of total exposure, set drawdown limits, and keep enough capital to stay in the market.

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SmartX founder David says AI should assist, not decide, as retail traders face a harsher survival test
whale movement
Sep 9, 2026

Trader David’s PONS position shows more than $1.15 million in profit

Arkham said on Sept. 9 that trader David, who uses the handle @heylittlechef, accumulated $2,600 worth of PONS on the token’s first trading day when its market capitalization was about $1.607 million. Roughly two months later, PONS had risen about 500x from that level. According to the on-chain tracking data cited by BlockBeats, David has already realized $77,400 in gains through sales and still holds PONS valued at about $1.08 million. Based on those figures, the position’s total profit has exceeded $1.15 million. The update focuses on the size of the return from an early entry and the trader’s remaining exposure, with Arkham identified as the source of the wallet tracking data.

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Trader David’s PONS position shows more than $1.15 million in profit