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.
Trading for real is the only way to learn, if you study that would be great, studying would help you a lot, but even the best student who have studied everything amazingly will not be capable of profiting on their early trades, at least not consistently because no matter how much you think you know, if you never traded before that means you are not going to make a profit from it neither. That is why I think it is quite obvious that we do study and learn as much as we can but we try to trade a lot and learn that as well, without that we are not going to be profiting in the end.
This is why I think it is crucially important for everyone to get involved. Of course if you do not want to be a certain type of trader you do not have to learn that part, but learn as much as you can and experience as much as you can in order to be good so that you can get consistent.