Binance Square
SpotCopy
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cvoki
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I'd like to share my experience with #copytrading after one month of exploration. I found that 95% of traders went bankrupt and lost their portfolios. I invested $100 as a test. While it can be profitable with the right individuals, it is crucial to note that stop-loss orders cannot be used (10-30% stop loss will be elimanted 99%), and you need to closely monitor every action they take. Therefore, it is advisable to start with a mock copy first. Additionally, be aware that large investors (whales) can easily manipulate prices to eliminate high-leverage traders. All things considered, it's an excellent tool for learning and exploration. The new #SpotCopy feature is much more enjoyable and significantly less risky.
I'd like to share my experience with #copytrading after one month of exploration. I found that 95% of traders went bankrupt and lost their portfolios. I invested $100 as a test. While it can be profitable with the right individuals, it is crucial to note that stop-loss orders cannot be used (10-30% stop loss will be elimanted 99%), and you need to closely monitor every action they take. Therefore, it is advisable to start with a mock copy first. Additionally, be aware that large investors (whales) can easily manipulate prices to eliminate high-leverage traders.

All things considered, it's an excellent tool for learning and exploration.

The new #SpotCopy feature is much more enjoyable and significantly less risky.
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