Post
Topic
Board Trading Discussion
Re: Should I Try Copy Trading?
by
Cookdata
on 24/07/2024, 15:23:00 UTC
Crypto can be a thrilling ride, but navigating the market waters can be tricky, especially for beginners.  Who knew there was a way to learn from seasoned traders and potentially score some sweet returns at the same time?

Lately, I've been using a feature that lets me copy the trades of experienced investors. It's been a game-changer! My portfolio's looking good, and I'm gaining valuable insights into different trading strategies along the way.  This has me curious - what are your thoughts on copy trading?  Have you tried it? What's been your experience?

Lately, it's not like I have seen all coins make big moves, doing what other people are doing can be very risky you know. I have one guy who was trying to do this copy trading of a thing during the bull run we had just before the bear market hit us and what later was that he was making some gains but the day market collapse, they loss money because he even forgot to use stop loss thinking it's not useful and never close their trade because the original trader forgot to even give them update.

If you have the time to learn about trade, why not use the time and trading resources and do it by yourself, it's better that way, your decision will be final and you don't have to depend on anybody when you need help the most and who knows if this bull market may last more than we anticipate, you will have time to learn everything that you need right now.