Post
Topic
Board Trading Discussion
Re: What is social trading in crypto? Do you EVEN use them?
by
JayTrain
on 09/03/2024, 10:35:14 UTC
My opinion on social trading in cryptocurrencies is mixed. On one hand, it's a great way for newcomers to access successful traders' strategies and start trading without a deep understanding of the market. On the other hand, copying trades can be risky if the trader doesn't understand the market's risks or dependencies. Ultimately, success in social trading depends on careful selection of traders to copy and risk management skills.