How does bitcoin copy trading work?

2 answers

• abracadaabracadApr 03, 2022 · 3 years ago
  Bitcoin copy trading is a strategy where traders can automatically copy the trades of other successful traders. It works by connecting your trading account to a platform that allows copy trading. Once connected, you can choose a trader to copy and the platform will automatically execute the same trades on your account. This strategy can be beneficial for beginners who want to learn from experienced traders or for busy individuals who don't have time to actively trade.
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• Humberto_CarvalhoFeb 01, 2021 · 5 years ago
  Bitcoin copy trading is a feature offered by some cryptocurrency exchanges. It allows users to automatically copy the trades of other traders. This can be a useful strategy for beginners or for those who don't have the time or knowledge to actively trade. However, it's important to choose the traders you copy carefully and to understand the risks involved. Copy trading can be a helpful tool, but it's not a guarantee of profits.
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