Copy trading has gained immense popularity in the crypto industry since its introduction. Bitget, being one of the pioneers in this field, remains one of the largest platforms for copy trading cryptocurrencies. Many consider it an appealing choice for beginners, but is it truly effective for those who are new to trading?
Copy trading is an attractive method for beginners as it enables them to replicate the trades of experienced traders. The popularity of copy trading in the crypto industry indicates its acceptance. However, its effectiveness for newcomers depends on various factors, including the skills of the traders being emulated and market volatility. While it can offer learning opportunities, beginners should still conduct research and comprehend the trading risks.