Post
Topic
Board Trading Discussion
Re: Crypto Trade Managers
by
dunfida
on 23/02/2020, 23:18:53 UTC
Hello. Can anyone recommend a reputable successful trade manager for crypto and the fee charged? Thank you!
I don’t really know about that, cause I have not looked into it since I started cryptocurrency trading. I wouldn’t even recommend that you look for a trade manager when it comes to cryptocurrency trading. Why should you trust anyone, a stranger, to be handling your account and trades? It is quite a big risk because anything might happen.

I know that when it comes to forex trading there are trade managers, I don’t even trust those ones not to talk of cryptocurrency. If you want to get a trade manager I will advise you to look for someone in your locality, someone that you can be seeing face-to-face and also know where they are living in case things goes wrong. It’s still up to you to decide.
Even if we know someone personally we can't trust them for huge amount because once you moved the funds to their accounts then it will be under their control alone.Multi signature wallet does supported on wallets so its not going to help the traders to hold the authorization over your funds.

But why we need them at all,managing crypto trading is not that much difficult task you can spend few minutes to complete your trade order and withdraw it in the next moment into your wallet and do this only when there is a chance to make high profits.
It might sounds dumb but there are really people who doesnt have the time to make their own trades and rather they do let others do the job with corresponding fee.
Come to think or to compare on handling other peoples money would be different when you are the ones who are trading with your own funds.Trust is the main issue on here
because you wouldnt know if those persons are trustable enough or not.Even if they do have high profitability on paper, i dont still recommend on using up fund managers.
Its better to lost amounts on your own that to other people.