The mistake that beginners make in cryptocurrency trading: rushing into using copy trading and bots 💡📉
In the world of cryptocurrencies, many beginners seek to make quick profits, which leads them to use copy trading and trading bots as an easy and effective means. But, are these options really the ideal path to success in the market?
1. What is copy trading? 🧑💻
Copy trading is when you copy the strategies of professional traders and apply them to your own account. At first, this may seem like the safest option because you are following someone with experience, but the problem is that success is not guaranteed. The market changes quickly, and changes in trends can lead to huge losses.
