This is true. I do know some people who make money consistently from crypto trading. With that said, is it better for a complete and total beginner who wants to try trading, but doesn't have the skills, to do copy trading instead? This way even if they don't have the knowledge, they can just copy what experienced traders do. Thoughts?
Copy trading on exchanges can be an alternative for a trader. However, a trader must remember that a fee will be charged on the profits he earns, which will be shared with the creator. Even if a trader sees PNLs 1000% from the creators, it's no guarantee that he will make a profit. A trader should learn how to make his own trading decisions, not by following others. This way, he'll have a sense of responsibility for any losses. If a trader use a copy trading features, he might blame the creator for the loss, which isn't the act of a responsible trader but rather of someone who blames others when he loses.