Get to know Copy Trade, a simple strategy for traders to follow!
The nature of investing, especially in the high-risk world of crypto, allows only a few traders to survive and be successful. Those who are not experienced enough may need tools to help them succeed in trading or to learn from experienced traders.
Copy Trade is a feature that opens the way for general traders who lack experience or confidence to have the opportunity to follow skilled traders. The principle of Copy Trade is that users can choose to follow leading traders, deciding based on their performance or trading strategies that match their personal style.
Thus, Copy Trade is a helpful tool for inexperienced traders to generate returns from trading and can also be used to learn trading by following leaders. With enough experience, followers can eventually develop themselves to become leading traders as well.
However, even if one is considered a professional trader, it is not guaranteed to avoid losses. Therefore, before using Copy Trade, it is always necessary to understand such risks.
*Cryptocurrency is highly risky; investors may lose all investment money. Investors should study information carefully and make investments according to own risk profile.
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