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 should never be done by beginners. Ignore any YouTube influencers who urge new traders to mimic their trades because they are able to generate $1,000 or more per month from trading. They are merely endorsing sponsored and affiliate trading links to further their own interests. And most of these guys aren't experienced traders.
The majority of the comments I have seen on this topic have all reiterated the same advice for beginners: don't copy someone else's trade. Time, money, and knowledge are all being wasted by doing so.