This is not an advice for any newbie to use copy trading. I have seen many lead traders that are copied but losing. This is just about knowing if lead traders are truly making much money.
I mean lead traders to be those traders that newbies are automatically copying their trades.
Are you a lead trader? If you are, what is the best crypto exchange you can be a lead trader and what is the maximum profit in percentage?
Copy trading can be very profitable based on different factors that need to be put in place. The market is very strict so we need to ensure we copy trade someone that has good knowledge about the crypto market and that has a good result as a trader. Someone can copy trade on Binance and some of the famous exchanges we have in the market.
One if the problem of copy trading is one can go and copy trade as the wrong time which can cause heavy loses in the crypto market is not in a bullish trend.