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?
copy trading is good but you have to analyze the traders which trader is always making good profit. When you dive into copy trading in the market, you will see who is at the top of the leaderboard on a weekly or monthly average. you cannot estimate your profit margin by looking at them. Because your trading budget and his trading budget are not equal. on the other hand you cannot profit in trading just by following their trading entries. You must have a good understanding of trading and also have a good understanding of market movement, then after buying a coin you can understand the market condition and sometimes take immediate action. Copy trading is not bad but you can profit from it but you also need to have at least medium level knowledge about trading.