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[onlyprofits]

Many of us want to participate in the market for buying and selling cryptocurrencies, but we do not do so because we do not know how it is done or we do not have enough knowledge to execute certain purchase and sale operations by ourselves.
There is a highly valued and useful trading copy platform that before only few people access it, now PrimeXBT, the famous Bitcoin leverage platform, has launched the full version of Covesting, with this you can participate in PrimeXBT trading instruments, such as commodities, forex, crypto assets, and stock indices and crypto assets.
With Covesting you can follow and copy the strategies of the best traders which will allow you to profit while you learn from the best by seeing their analysis.
For comparison, Covesting traders have been able to earn up to 1,800% in a volatile market and consolidation zones, so small investments can yield an excellent return on earnings.
Registering in Covesting is easy and you only need a deposit of 0.001 BTC to start trading.
This is an excellent opportunity for all those attracted by the world of cryptocurrencies, forex, commodities and other buying and selling operations.
Would you dare to carry out operations following the best traders?

 

[gammarays]

It's still hard to navigate with them ,most of those whales are highly professionals and that's the reason they gain more profit from the the small investors funds

Whales trade mostly with bots and they're calculative to know when to enter a trade and when to leave. They pump a token with their entry and cause a dump on exit.

 

[Wisdom01]

Whales trade mostly with bots and they're calculative to know when to enter a trade and when to leave. They pump a token with their entry and cause a dump on exit.

Exactly the small investors would think the coin would continue to move very high , not knowing they as it is rising it will dump soon and it would be done by those whales

 

[GoldenLady]

I think it depends on what you eventually want to gain by doing this. Copying them blindly with without learning the what and the why is a sure recipe for disaster

 

[silentwatch]

Will do if they are honest and can watch online how they trade and make profit from that. I guees it quite interesting...

 

[Perfectspring]

Copy trading is not the best. It's better to learn how to trade from an expert and try to formulate your own strategies.

 

[gammarays]

Exactly the small investors would think the coin would continue to move very high , not knowing they as it is rising it will dump soon and it would be done by those whales

Yes that's why it's not advisable to buy a coin when it is already trending. You end up losing if you're not quick enough to sell. That's why stop loss is good in trading.

 

[Wisdom01]

Yes that's why it's not advisable to buy a coin when it is already trending. You end up losing if you're not quick enough to sell. That's why stop loss is good in trading.

You are right , because most times those coins just trend for a while and after that they stop trending and the price start falling , so it's best to take note of stop loss

 

[gammarays]

You are right , because most times those coins just trend for a while and after that they stop trending and the price start falling , so it's best to take note of stop loss

I've noticed that even the big cryptos suffers from this dump in price. Anytime I see a token trending, I just forget about it and wait for it to come down.

 

[Acrosin]

It is not that bad to involve in copy trading. I think such a platform should provide the trader's history and see how many losses and profits he or she has made. Trading is not easy to do. But if you have the skills and experience, you can become an expert.

 

[ELSA-ELI]

Looking at my stage in life of what i am involved in as a business person,i can only be effective as a copytrader.But what one aspect of a smart start-up entreprenuer is to invest in something that is very viable.I want people to share the best strategies or ideas that can make one a successful copytrader.That is the information that in most cases is not easy to come by.

 

[Gen Evie]

copy trading? How does it feel when you copy another traders style? Looks like I'm in an examination centre copying verbatim...word for word. I'd like to learn how to do it myself, but if the copying is gonna make me or help me to understand faster, easier and better, i might test it. "Might". But to understand better how would you learn all by yourself how to trade if you don't copy? Am i wrong?

 

[btaliat]

This i have done many times. I recorded success more than failure while copy trading my best friend who happend to be good at crypto trading. Unfortunately, I may not recommend the method for anyone as it truly limited me. I was able to think deeply and learnt it on my own. Now, I am just a rookie in trading despite the fact that I have started since 2019.

 

[gammarays]

We'll, there's one thing about crypto currency trading. You can't be so certain of profits every time. The so called successful traders highlights their wins over their losses. What is very important is to apply risk management systems that'll keep your capital from blowing out even in loss. As long as your profit is higher than your losses, you can call yourself a successful trader. In short words, learn to trade successfully!

 

[Wisdom01]

copy trading? How does it feel when you copy another traders style? Looks like I'm in an examination centre copying verbatim...word for word. I'd like to learn how to do it myself, but if the copying is gonna make me or help me to understand faster, easier and better, i might test it. "Might". But to understand better how would you learn all by yourself how to trade if you don't copy? Am i wrong?

some traders aren't too good in trading ,and instead of them not placing any traders and others , I guess it's best or better for them to just copy strategies, because atleast it would broaden the understanding they really do have regarding trading

 

[Ben Kempton]

some traders aren't too good in trading ,and instead of them not placing any traders and others , I guess it's best or better for them to just copy strategies, because atleast it would broaden the understanding they really do have regarding trading

I have never tried copy trading. Do you think that when we start copy trading, we tend to monitor and see the trading strategies used by the traders on many trading platforms? I am not sure about that. if we can actually see how they trade, then it would be a great opportunity to learn new things, Having said that, being a trader myself I share my strategies with people.

 

[Franca01]

I have ever thought of investing in crypto trading but never started because I don't have much knowledge in it. I wouldn't want to copy what others do online. I prefer that can I get trained offline by someone who is an expert in it.

Actually copying someone trading is not the best . I think we should always take our time to make a good research, with the little knowledge that we will get and then apply it to our trading. Copying someone trading is just like buying the person problem. To me, i think is better for me to make my own trade and get loss and then learn from my mistakes.

 

[Horia_10]

I think copy trading might be a good idea but it is right that if you do so you won't learn anything at all and then you will never develop a skill and would always he dependant on the other person , this thing makes for the fact that trying the process yourself will help you to learn it and will make you a skillful person and along with that a better and experienced trader .

 

[Ben Kempton]

Exactly the small investors would think the coin would continue to move very high , not knowing they as it is rising it will dump soon and it would be done by those whales

Copy trading may not necessarily generate profits for you. Your ideal and favourite traders may not trade every day, especially when the market is down. This is what is happening right now. Many financial experts believe that cryptocurrencies may not be capable enough to deal with the current inflation levels in the United States and the only way to lower down the high inflation is to increase interest rates and strengthen the value of dollar.

 

[Horia_10]

That's right and it is exactly what is happening and will continue in the future with further rate hikes expected which can again crash the market so at-least two times from here , the market has to crash and that is why we must be patient and invest in the market at the exact bottom and right time as well for growth .

 

[btaliat]

Actually copying someone trading is not the best . I think we should always take our time to make a good research, with the little knowledge that we will get and then apply it to our trading. Copying someone trading is just like buying the person problem. To me, i think is better for me to make my own trade and get loss and then learn from my mistakes.

Unfortunately, a newbie is left with no option than to start with copy trading. He can only start trying to trade by himself when he knows he is good at doing that. So copy trading is good just that it should not be wholly rely on. A trader still needs to subject such a trade some researches before placing it..