Post
Topic
Board Trading Discussion
Re: Trade + study = great combination
by
wxa7115
on 11/03/2021, 20:10:41 UTC
I came across this article and definately want to share it with you: https://techbullion.com/best-5-crypto-social-trading-platforms/

It's worth reading if you would like to start crypto trading and don’t know from what and where to start.

Just imagine, “you simply let someone else develop the trading strategy for you by directly copying the exact same trades they make”. In addition, you can analyze and study the crypto market and strategies you followed, and interact with the traders.

I agree with the author's choice. Those platforms are interesting in their own way, and traders of different levels and with different goals can find the right platform.

Coinmatics is a new and fast-growing platform that will be good for beginners since it has a user-friendly UI and intuitive tools. I think almost everyone knows about eToro, and it is the best match for advanced users (just check their multi-functional platform). Zulutrade has a huge education base in addition to forex and copy trading. The fans of cloud-based systems will like Zagnaly and Shrimpy. I am fascinated by this discovery in our crypto world. What do you think about such crypto copy trading platforms? If you ised some of them I want to hear your experince.
Terrible idea to use those copy trading platforms, trading is already risky enough but now you are going to let someone else dictate what to do with your money when you have not even met them and you do not know what kind of strategy they are using and if you have any chance of being profitable at all?

Those platforms are for the ones that do not want to make the effort to learn how to trade by themselves, just on the first page of this section there is a thread with some evidence to suggest that 95% of the traders out there are losing money, why do you think one of the few winning traders will allow himself to be copied and reveal his strategy to someone else? So you only have two options learn how to trade by yourself or avoid trading at all costs.