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Author Topic: How copy trading can prevent you from becoming a statistic.  (Read 259 times)
bigcash2011
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May 09, 2020, 09:58:12 PM
 #21

Copy traring that is now provided by many forex brokers where investors can select a trader by checking his past performance and all other details but there is no guarantee how he will perform in future, still i think it is a good feature and crypto trading platforms should also introduce such service.

Janation
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May 10, 2020, 02:26:31 AM
 #22

Copy traring that is now provided by many forex brokers where investors can select a trader by checking his past performance and all other details but there is no guarantee how he will perform in future, still i think it is a good feature and crypto trading platforms should also introduce such service.

I think doing this will be having a good result in the future.

As said by @so98nn, they are making those signals that could give a good increase in where they invested as people follow them more, the better for their investments to give profit. As long as he knows what he is doing, I think those profit will keep on flooding them the same as other people also with the commission but still, we never know right?
buwaytress
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May 10, 2020, 10:54:06 AM
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 #23

Newbies gamble, but they'll learn the hard way like ME. Haha!

Plus I believe it's part of "The evolution of a Bitcoiner". They come to "get rich quick", then learn more about the basics of the protocol, learn different concepts/theories/debates, THEN stay for the revolution.

Haha, I haven't learnt my lesson in all my time gambling. Every time I think "Ooo, I've gotten smarter and more disciplined about this thing, good for me!" I go and do something random and stupid and blow something on a session. But hey, we gotta pay for fun!

P.S. I actually came to Bitcoin because I had nothing to do for weeks in bed. And then actually used it when I wondered if it could help solve a really frustrating money problem (it did!). Now I did get into an ICO or two with the "get rich quick" hope in 2017. Sue me, I'm a gambler =D

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bearexin
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May 10, 2020, 06:06:02 PM
 #24

Look no matter how successful someone is but I would always feel upset if I am doing copy trading because that means I have given the control over to someone else and he/she is taking trading decisions for me. This is almost as similar to investing under a successful trader and while it is not a bad idea financially but ultimately you get to learn nothing since you are just copying someone else and his trades. You might do that, but I would always suggest believing in your own ability and making independent trades. just imagine if Buffet was copying trades he would never become what he is today and everyone has their own potential, why limit yourself to the boundary set by someone else.

On a positive side though, copy trading is a good idea financially because there are people who look for people who can trade for them and this is exactly the concept of copy trading.
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