Yes, that is what he said. He is going to build a bot on his own. It only becomes risky if you rely on other's work but if you're the one who do the job then the risk will get lessen. Not all in telegram are scammers but there are still legit which can help you make money but expect that most of them are not free.

It works like that because the people behind it dedicate time, effort and skills to find the best method for their customers and also for themselves. For copy trading I think it doesn't happen in telegram itself but I think it happens on some platforms like crypto exchanges. Just only be careful on who we are following. Always test them first with smaller amounts.
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Correct. I'm also integrating other feeds into my bot that I can't discuss here.

Update: I started expirimenting with a small test amount as many in this thread have suggested. I can say I've had moderate success thus far -- about 5% growth with 24/7 trading in past week...obviously, not a long enough time horizon to claim any kind of proof of concept, but certainly better than had I left even this small test amount in BTC for the past week. Also better than many of the top traders on binance did for past 7 days. I'm going to double this small test amount over next week, make some tweaks to the bot, and will report back.

Are there well known techniques for disguising activity to block copy-traders? I'm curious to learn more about this

It seems like Binance API is used by various copy trading platforms. Something I'm exploring now in a project for my personal portfolio. See thread here: https://bitcointalk.org/index.php?topic=5415932

There is value in watching what successful traders are doing on Binance, but I'm not keen to execute my trades on the platform given KYC/AML bs

Thank you all for your feedback. I'm going to check all of these out - definitely interested in binance leaderboard idea. My main problem was time. Given my other activities, I don't have time to learn to trade my portfolio myself. There are no "professional" options out there, but beauty of blockchain is there are no secrative 'hedge funds' with political connections driving success. My theory is that I should be able to find the most successful traders and mimic their trades in near real time. TG use only because that's where I'm aggregating other feeds/projects and plugins with my wallets.

I may try, as some have suggested, expirimenting with small amounts across multiple platforms.

I'm paid for my work primarily in BTC and seeking to automate trading across a portfolio of cryptocurrencies to maximize returns.

I've been working on a project to develop a Telegram bot for copy trading but struggling to find succesful accounts/traders to follow and generally just don't have time to dedicate to it. Suggestions or existing projects out there instead of building my own?