Copy Trading: Think Twice!
Avoid copy trading because it's a trap that exchanges create to drive more investments. It’s like rote learning – memorizing without understanding. In rote learning, you memorize facts without truly grasping the meaning behind them. Similarly, with copy trading, no one knows what's ahead. People are lured in by appealing stats, only to find themselves trapped.
Ever wondered why giants like BlackRock or MicroStrategy don't engage in copy trading? They know this business model is flawed. It's the herd mentality at work. If it were a win-win model, why do traders lose even when following the most profitable traders?
Copy trading turns traders into groups, making it easier for manipulation. It’s much simpler to sway a group than individual traders. Think critically before you get caught in this trap!