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.
Altcoins index on the rise... but the sad truth is $BTC overperformed all other coins. Take my portfolio a example, my eth value stays constant +-10% but bitcoin value lost 70%, so if you are serious about crypto go in #BTC my plan is the same to return in btc as alts grow
7$ away from breaking even, started 6 months ago, didnt blow up acount, im so happy... If you want to learn, future will be fast learning curve, i promise you that. #bnb i will share all my strategies with you guys.
Entered long on #Mask and Dca if price continues to fall, fee is so high it almost covers losses, insane... +3.5$ just from fees in 3 days, and loss is 9$
PaxG or Gold 🪙 is not perfect hedge against btc, but it is against Fiat, i use it to store profit and hedge. It is quite good strategy and working one for last 6 months #PAXG
Hm, new test strategy: Fee chaser, everyone shorting gold, but fee is big. Will get some fee since gold moves slow. Maybe we catch some nicee profit also :)
Gold could go up with this uncertainty, my guess it is better to go for gold then shorting since news could change easily and gold we go up when next uncertain thing happen.
without lavarege: wld +35% dia +25% the +5% floki +5% zero closed 0% ada -3% in progress sol +15% in progres scr +2% in progres
strategy is paying off. 8% of profit goes to paxg, 2% to usdt for future. If you are curious abot strategy i use, visit my older post :) i will keep you updated with new trades and strategy.
On weekly $btc that green candle looks beautiful, but in order for bull run to continue we need to break 110000 mark. My estimate 3rd week of May and after that true rally begins. Push it untill candles run out of steam.
So after two weeks of testing Im ready to share my strategy: My main structure of portfolio is based on bnb, and i use 0.1-1bnb to invest, risk as always 10% loss and 30% win. From 1 bnb iwe make 1.3 bnb, 1 we will return to bnb, 0.2 we leave in crypto we bought, 0.08 $PAXG and 0.02 to fund losses or futures in $. So far no loss. We do spot trade and little bit of lavarege 3-5. Patientce is the key. And one win can cancel 3 losses. all you need is 34% win rate to be in profit.