Copy Trading...

[Salauddin1994]

Laziness always puts you at risk when it comes to trading must have good knowledge about the market and analyze the market for trading copying others is not always right many times it leads in the wrong direction. Knowledge and skills in both trades increase and learning a lot about the market becomes easier but we contact experienced traders who want to follow their activities and earn from their success start with as small as you like. To make sure you have the best experience we use the latest ground breaking technology and our copy service is one of the fastest on the market.

[Savemore]

Copy trading can be good at times, you can earn from the market from the market without knowing what you're actually doing, but that's also the issue,you can't keep coping other people's work without knowing how dey arrived at that point, it's good for only short term, but in long term no, you have to learn how to trade on your own.

as for me I prefer copying trades because I'm not perfect in analysing markets for myself rather looking from professional grows my portfolio.

Mate nobody is perfect you know, even expert traders do have their bad days, but if you keep coping trades do you know you are slowing down your growth in the trading aspect?, how long are you going to keep coping trades, I will advice you to ditch that copy trade and improve yourself, so you can stand alone and make your own decisions, not always following  someone else's decisions.

There are people who thinks that if you become a professional trader, you will never experience even 1 losing trade. Actually, that's not true because professional traders are also experiencing losses and we should be aware that losing is part of the process where it cannot avoid because we are not perfect and we traders have emotion to think and to have some strategies. Copy trading can be a good way in terms of knowing why a certain trader make a trade with that specific cryptocurrency. You can study his strategies and execution where you can get information that you can use in order to become knowledgeable trader.

[kramchers]

I never suggest copy trading or copy cat. This method will lead you only to depend your capital to others style in trading, what if
their way is not good or wrong methods, for sure your assets will be melting away. It is still better to learn on your own little way
to earn crypto or Bitcoin. And besides, there are so many ways for us to learn how to earn cryptocurrency anyway. Try to look around
and check all the social medias.

[enhu]

I'm very skeptical about copy trading as well. I've lost trades many times and I can't remember hitting big since 2018. All I want is to earn big every week but who should I copy and for a pro trader, would he want someone leeching over his trading activity and making money just copying him?

Which exchange are you using then? Because every exchange has their own ways that they work. One thing I know for sure that most of the platforms I know will always display the portfolio of those you’re about to copy and show you their past trades so you can decide for yourself whether to copy or not.

Basically copy trading is one of the coolest ideas, though it’s not something that is available on every exchange. I have not tried it before but I am quite interested in it, because mainly what I do is investing and not day trading. As someone that’s not skilled in the area of day trading , copy trading will definitely be of help to me and also to others that has no skills.

Is the copy trade feature in binance? I do have an account there that I have submitted KYC. I can work that account out again. The only exchange so far that I have read that has this feature was the etoro. The copy trade of etoro is advertised on facebook.

When we say copy trade, will the amount and the leverage he set be also copied?  I have a hard time doing it on Binance because there is so much button to click.

[tbterryboy]

I don't recommend copy trading, other than it's only good for the short term. Copy trading will not make our trading skills develop,
that is there increasingly makes us become dependent on other people. And don't make excuses for not understanding market analysis,
because even professional traders start from not understanding market analysis. So don't be lazy to learn how to analyze the market.

Yeah agree, but some people do copy trading with their spare funds and while they are learning about trading it doesn't hurt to earn some extra money with the help of copy trading respecting that someone is better than you at trading currently.

I agree though that copy trading should only be done when you are either not interested in trading at all or you are still learning and look at it as an extra source of income. The bigger picture and thought must always be about improving your own trading skills and how to be better than you were before so keep learning and in meantime you may try copy trading it also helps you understand how others take their decisions.

[Viscore]

I never suggest copy trading or copy cat. This method will lead you only to depend your capital to others style in trading, what if
their way is not good or wrong methods, for sure your assets will be melting away. It is still better to learn on your own little way
to earn crypto or Bitcoin. And besides, there are so many ways for us to learn how to earn cryptocurrency anyway. Try to look around
and check all the social medias.

Though we can say that it was not a good idea, however, if you are just new to trading without enough knowledge to solely run trading personally, copy trading is a big help instead. In fact, many traders are still using that still but of course, if we wanted to have better trading results in the future, we must have to stop relying on other's ideas instead of having our own.

Copy trading is just a helping tool to have our own trading formula. And with the help of our trading experience in the past will also help us to have our own strategies that it crazy to find.

[Paycoinzzz]

In my opinion, copy trading is still a way to make good money if you choose a good trader.  At bingbon, there are many top traders legit, so we can also refer here: https://www.bingbon.com/en-us/mobile

[Kong Hey Pakboy]

Copy trading is profitable, that it can give you 40%-60% in a year depending on the strategy. Copy trading is also a good head start or can be a learning tool when it's still your first time doing trading because it will give you an idea of how you will make your own trading strategy someday. But always copying other's trading strategies will give you problems in decision making, so start creating your strategy.

[crabby]

Has anyone tried https://www.shrimpy.io/?

It's one of the fastest growing social trading platforms in the crypto market. I'd recommend checking it out.

[acener]

I like the idea it is a huge help for us who are having a hard time in trading or lack of knowledge to be successful in trading.
We could learn a thing from them while earning at the same time.
But the negative thing that I see in copy trading is that the ones who are copying could end up being lazy and rely only on the skills of other traders.

[seleme]

Has anyone tried https://www.shrimpy.io/?

It's one of the fastest growing social trading platforms in the crypto market. I'd recommend checking it out.

If the system is the same as Etoro it is a big NO for me. The higher deposit and withdrawal fees can cost more than what I pay on another bot trade based crypto exchanges. The copy trading methods are widely used by newbie traders but the risk factors are considered high by the same group of traders. Pamm accounts are still my preference rather than blindly copying trades of random traders on social trading websites.

[MCobian]

I would not say copy trading is bad, because sometimes it is very helpful for newbies who don't really understand trading.
But if we rely on copy trading to make profit I don't recommend it. Since copy trading will not make you a successful trader,
copy trading will not improve your trading skills. Using copy trading once in a while is fine, but don't use it too often.

[death69]

I don't recommend copy trading, other than it's only good for the short term. Copy trading will not make our trading skills develop,
that is there increasingly makes us become dependent on other people. And don't make excuses for not understanding market analysis,
because even professional traders start from not understanding market analysis. So don't be lazy to learn how to analyze the market.

Copy trade is not bad as you think. There are many people who dont have time learning to trade. So, copy trade is another way for them to generate profit passively while they can do their job. Some copy traders offer high interest rate which can even higher than 20% per year

[jostorres]

Laziness always puts you at risk when it comes to trading must have good knowledge about the market and analyze the market for trading copying others is not always right many times it leads in the wrong direction.

I am not promoting copy trading but how does one becomes lazy if he invests under someone else recognizing that the other person is doing trading for years and takes better decision than me. Not everyone can become expert in trading so it is worth realizing that if you are not good into trading and trading isn't your thing so it is worth a shot trying copy trading.

Knowledge and skills in both trades increase and learning a lot about the market becomes easier but we contact experienced traders who want to follow their activities and earn from their success start with as small as you like. To make sure you have the best experience we use the latest ground breaking technology and our copy service is one of the fastest on the market.

You might try to polish your own skills and maturity with trading with demo account and the moment you feel you have learned the required skills you can always divest from the copy trading and invest within your trading.

[Shahangull]

I think that copy trading is a good thing for the newbie traders and they can avail this till they dont get the fruitful experience but i suggest to not totally depend on this and try to get the knowledge regarding forex and learn more about forex trading and practicing in demo account so they can furnish their self with some good strategies which can make them able to trade wisely and generate profit without risking their accounts. so take copy trading for time being only.

[cheezcarls]

If the pro trader is so skilled in copy trading, I would honestly think that it’s worth the gamble. I had a good friend of mine who is a trading coach and is very skilled in trading, so we just have to copy trading with him. He is using Bityard platform for trading where we could copy trade. Although nothing is guaranteed in the world of crypto, at least this is one of the easiest legit ways of earning money in crypto apart from manual crypto trading, mining, staking, hosting a masternode, airdrops and bounty programs.

[Bosx1ne]

Laziness always puts you at risk when it comes to trading must have good knowledge about the market and analyze the market for trading copying others is not always right many times it leads in the wrong direction.

I am not promoting copy trading but how does one becomes lazy if he invests under someone else recognizing that the other person is doing trading for years and takes better decision than me. Not everyone can become expert in trading so it is worth realizing that if you are not good into trading and trading isn't your thing so it is worth a shot trying copy trading.

Knowledge and skills in both trades increase and learning a lot about the market becomes easier but we contact experienced traders who want to follow their activities and earn from their success start with as small as you like. To make sure you have the best experience we use the latest ground breaking technology and our copy service is one of the fastest on the market.

You might try to polish your own skills and maturity with trading with demo account and the moment you feel you have learned the required skills you can always divest from the copy trading and invest within your trading.

Actually there is no wrong in copy trading because you can keep generating profit without doing anything so this kind of income can be called as passive income but for me it is about your goal. If you want to just gain money where you do not have time to study a lot of trading strategies and concepts then copy trading is for you but if your goal is to both make money and to learn then focus on trading by yourself and avoid copy trading.

[carlfebz2]

I don't recommend copy trading, other than it's only good for the short term. Copy trading will not make our trading skills develop,
that is there increasingly makes us become dependent on other people. And don't make excuses for not understanding market analysis,
because even professional traders start from not understanding market analysis. So don't be lazy to learn how to analyze the market.

Copy trade is not bad as you think. There are many people who dont have time learning to trade. So, copy trade is another way for them to generate profit passively while they can do their job. Some copy traders offer high interest rate which can even higher than 20% per year

So thats an another dealing with someone who do consider copy trade as a side income which is really a very wrong mindset but if they do saw that theyre profiting then it isnt really a bad choice after all.

Im not saying that this one is bad specially if you do have some day job to focus on and having some alternative or side source of income wouldnt be a bad idea but dont really rely on it too much
because theres no guarantee on making profits from time to time.

You can copy but it would be better if you do learn along the way which when the time comes where you do need to go full time then you do already have the idea on where to start.

[Twinkledoe]

I don't recommend copy trading, other than it's only good for the short term. Copy trading will not make our trading skills develop,
that is there increasingly makes us become dependent on other people. And don't make excuses for not understanding market analysis,
because even professional traders start from not understanding market analysis. So don't be lazy to learn how to analyze the market.

Copy trade is not bad as you think. There are many people who dont have time learning to trade. So, copy trade is another way for them to generate profit passively while they can do their job. Some copy traders offer high interest rate which can even higher than 20% per year

So thats an another dealing with someone who do consider copy trade as a side income which is really a very wrong mindset but if they do saw that theyre profiting then it isnt really a bad choice after all.

Im not saying that this one is bad specially if you do have some day job to focus on and having some alternative or side source of income wouldnt be a bad idea but dont really rely on it too much
because theres no guarantee on making profits from time to time.

You can copy but it would be better if you do learn along the way which when the time comes where you do need to go full time then you do already have the idea on where to start.

Definitely, it is better to learn your own trades. Maybe at the start, you can avail the services of copy trading. But this is really not a good long-term investment, as you said, you will not gain the necessary skills on this aspect if you are just relying from someone. It is your own advantage if you know what you are doing and not blindly following someone's movement.

[Lorence.xD]

I would not say copy trading is bad, because sometimes it is very helpful for newbies who don't really understand trading.
But if we rely on copy trading to make profit I don't recommend it. Since copy trading will not make you a successful trader,
copy trading will not improve your trading skills. Using copy trading once in a while is fine, but don't use it too often.

If you do not want to be too involved in trading then I think that this is the best move that you can do. If you find success in copy trading then I think that you might be considered a successful one. Remember that trading takes a lot of time so copy trading is a big help if you want to save some time to do other hustles.