Should I Try Copy Trading?
Should I Try Copy Trading?
Crypto can be a thrilling ride, but navigating the market waters can be tricky, especially for beginners. Who knew there was a way to learn from seasoned traders and potentially score some sweet returns at the same time?
Lately, I’ve been using a feature that lets me copy the trades of experienced investors. It’s been a game-changer! My portfolio’s looking good, and I’m gaining valuable insights into different trading strategies along the way. This has me curious – what are your thoughts on copy trading? Have you tried it? What’s been your experience?
Copy trading if you can guarantee the portfolio of the trader you are copying has good solid track. The problem on crypto exchange copy trading feature was they only highlight traders that experienced high profit for that period and not all time high.
I’m always skeptical on following someone trade in crypto since crypto market is too volatile while some experienced trader usually enter a risky trade due the markets volatility.
I’d rather use trading bots which allow you set the trades rather than just copy someone randomly.