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Topic: Which is better to invest in copy trading or bot (Read 614 times)

full member
Activity: 1246
Merit: 102
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Which is better to invest in copy trading or bot

And is there any other alternatives

I have 4k btc to invest
If you ask me, its better to invest in yourself. Copy trading and bots are just temporary means to survive in trading, if you rely them for good, aside that you will not grow as a trader, your money will also be put at a high risk. If there is a good alternative for that, then just focus on self-trading. Know that trading is a battle of minds and emotions, so that will be a great challenge for you to be a successful trader in the making.
I agree with that as we can't just rely on this strategy forever but for starters, this would help them to know about trading. I consider them as a stepping stone to growing our knowledge and skills, and our experience would be used to be getting along and continue our trading journey with them. I'd see no success from this but believing in ourselves make it possible. In fact, many pro traders haven't done this, maybe it never exists before but for sure, they are confident when doing it by themselves rather than using bots.
very interesting, investing in yourself is better than both. with us being able to trade with our personal abilities then that is the highest investment, and of course using bots can help our trading but after we have mastered the science of manual trading, even though using bots, of course we control it ourselves, and aim only to be helpful, because we are of course know the characteristics of the bot and know when it can be used to assist trading, because not all conditions are suitable for using bots, don't let us completely rely on bots to trade
hero member
Activity: 3010
Merit: 666
Which is better to invest in copy trading or bot

And is there any other alternatives

I have 4k btc to invest
If you ask me, its better to invest in yourself. Copy trading and bots are just temporary means to survive in trading, if you rely them for good, aside that you will not grow as a trader, your money will also be put at a high risk. If there is a good alternative for that, then just focus on self-trading. Know that trading is a battle of minds and emotions, so that will be a great challenge for you to be a successful trader in the making.
I agree with that as we can't just rely on this strategy forever but for starters, this would help them to know about trading. I consider them as a stepping stone to growing our knowledge and skills, and our experience would be used to be getting along and continue our trading journey with them. I'd see no success from this but believing in ourselves make it possible. In fact, many pro traders haven't done this, maybe it never exists before but for sure, they are confident when doing it by themselves rather than using bots.
legendary
Activity: 2268
Merit: 1655
To the Moon
...I have 4k btc to invest

Instead of learning the basics of trading and thus learning how to trade on your own, you are trying to shift the work to others. Are you so sure that the leading trader you will follow will never make mistakes and will earn a lot of money for you that you are willing to spend $4k on this experiment?
hero member
Activity: 3178
Merit: 661
Live with peace and enjoy life!
Which is better to invest in copy trading or bot

And is there any other alternatives

I have 4k btc to invest
If you ask me, its better to invest in yourself. Copy trading and bots are just temporary means to survive in trading, if you rely them for good, aside that you will not grow as a trader, your money will also be put at a high risk. If there is a good alternative for that, then just focus on self-trading. Know that trading is a battle of minds and emotions, so that will be a great challenge for you to be a successful trader in the making.
full member
Activity: 1582
Merit: 132
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Which is better to invest in copy trading or bot

And is there any other alternatives

I have 4k btc to invest
Sorry but the question is a bit confusing or I don't understand it.
Do you wish to trade using copy trading or bots?
Or just buy Bitcoins and invest for the long term?

If it is for daily trading, then both of them are actually helpful. Whether it will be more effective, it will also depend on your understanding of setting up and trading strategies with the help of both. If it's copy trading, make sure that you really find copy trading that is very suitable and accurate. But on the other hand, I think both copy trading and the help of bots are only tools, it doesn't mean that you will be safe and clam in trading activities with use one of them. You must first learn and understand what trading is and how strong mental control is. Because trading is high risk.

But if what you mean is investing in Bitcoin, especially for the long term, you don't need both. You just have to buy 4k of your Bitcoin money and save it in your personal wallet. Wait until the market turns good and set the price according to the target. Or if you want to fulfill it in the bullish era later, that would be even better.
hero member
Activity: 2688
Merit: 588
When comparing copy trading to bot trading, copy trading is better than a bot, the reason is that before you can copy the trader you have the ability to veriy from the platform which I'm using the historical trading performance of the trader, the fund he/she manages, and how many people are copying his/her trade. This will help you have the opportunity to decide if you would copy or not.
I think it depends. If the trader that you copy is pro and is profitable then it's obviously better than a bot but if it isn't and a trading bot is much profitable then a bot is a better option. The only difference is a bot can be modified and we can insert our own strategy here while copying traders can't be commanded so I think I will go with the bot and the good thing about them is that you can use them for free.

If you know how to use a both and you have your own strategy, I think that you won't also do copy trading because you can believe more on your ability more than them and for you, it's fine if you will lose. You will still be proud of your self because you did your best.
hero member
Activity: 2716
Merit: 904
Which is better to invest in copy trading or bot

And is there any other alternatives

I have 4k btc to invest
Actually none since both of them are unreliable. You can be lucky and be profitable but it will only take short time and lose all your funds like a thin air. So I cannot suggest using them both in trading. Instead, do your best to learn trading on your own. Learn all the basics in trading and trade if you have the resources to trade. Your experience will always be your best teacher, regardless of how often your fail or lose in your initial trades. In the end, what you’ll see is a great and successful trader, not a trader who’s dependent on others to make them profits.
legendary
Activity: 1288
Merit: 1081
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I have to admit it myself: I really sucks at trading whether it can be crypto, forex or whatever. I just could not make up my mind to fully grasp the technical analysis needed on this aspect...and I am sure there can be also many people like me who might want to avoid the necessary learning curve and just opt for some shortcuts like copy trading offer or a bot. And those are indeed so risky. One should not adopt the idea that one has just to sleep and let a program works for his advantage as this can be the best and sure way to perdition. Be careful, always.
The only natural way to earn through trading is taking time to learn trading yourself. If you learn and understand trading, and also apply your strategy, even when you lose the trade, you will be satisfied that you have done your best and it is just a bad market. This cannot be applicable when you lost through copy trade or bot. You will be sad because you didn't only lose your trading capital, you also lost the money used to acquire the bot or used to pay for the copy trading.

The best to do is to know how to trade and also try out the bots and copy trades when you are so much occupied. The whole system is connected for good if you know the process.
jr. member
Activity: 1708
Merit: 3
Both can be very risky it is better to learn trading by yourself, been a part of copy trading and I can say it is not as profitable as advertised same goes for trading bots. The best advice is to learn and master it by yourself that way you will pick the best set up to  trade , manage your risk and maintain  consistency .
sr. member
Activity: 1008
Merit: 366
Which is better to invest in copy trading or bot

And is there any other alternatives
Both are not the best choice. Many say that they are both the same, and I agree with that. This is not the best choice of action to take while entering trading. Doing it yourself will give you an advantage and more control over every trade. You can manage your risks and get a better understanding of the market. This will come in handy when these services will be unavailable. These copy trading and bot trading will not work 100% accurately and everyone makes a loss now and then. So when you do it on your own, you learn while making profits. You acquire skills and experience.

If you keep this in mind and follow the path that you create, you will reach your goal quickly. In the future, you will not need help from others. You will be able to do it on your own. Don't take shortcuts. Success does not include shortcuts. Use those indicators/copy trading or bot trading as a way to learn. You can compare your analysis with theirs and fix or improve your skills. That's how it should be. Don't rely on something that you have no control over.
copper member
Activity: 2156
Merit: 983
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Everyone already gave it the answer

but here I am will give you a choice to try both copy trading and bot, wise man says that experience is a good teacher so try both of them with small amount of your money like 100$ for copy trade and 100$ for bot on same week and stop it at the same time too.

Find what suitable for you and secondly also learn how to trade and test it yourself
hero member
Activity: 966
Merit: 588
Which is better to invest in copy trading or bot

And is there any other alternatives

I have 4k BTC to invest


None, both are the same because bots work based on the program it is designed to run on and these are usually from people’s opinions and it is risky.

The best alternative is to keep calm and learn the trading yourself which is less risky because you knew when to pull out and so on.

As for now without proper training trading knowledge, I would advise you just hold some Bitcoin with the funds you have either by buying through the DCA method. And then you can continue to learn your trading skills
When comparing copy trading to bot trading, copy trading is better than a bot, the reason is that before you can copy the trader you have the ability to veriy from the platform which I'm using the historical trading performance of the trader, the fund he/she manages, and how many people are copying his/her trade. This will help you have the opportunity to decide if you would copy or not.
full member
Activity: 1148
Merit: 151
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Which is better to invest in copy trading or bot

And is there any other alternatives

I have 4k btc to invest
for both i would suggest you to choose copytrading because copytrading is human work, unlike bots which are programmed with algorithms.  Apart from that, you also need to pay attention to preparing more funds when doing copy trading so that you don't run out of capital because usually the trader capital that you copy will be different from what you have.

slightly deviated from your topic, i strongly advise you not to depend on both because it will be better for you when you can decide what you do when trading independently, you can also make copy trading or bots just a consideration, like your trading assistant  but the final decision must be made by you alone, not copy trading or bots.
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
Which is better to invest in copy trading or bot

And is there any other alternatives

I have 4k btc to invest
Better stick with MANUAL TRADE!

Why? If we do speak about copy trading then its not something that you could guarantee profits on following someone and same goes for bot trading too on which its not something that will really bring out profits on
constant basis and if you do have this kind of mindset and belief then its really that wrong to have which nothing beats out if you do make out manual trades if you do have that $4k which is something that would be big for most people in speaking about trading capital since not all would really be able to do such thing when it comes to that amount.

Also, you cant really be making yourself to be a better trader if you are really just relying on this method because everything on automation and not something that could make you learn even with the basics.
Plus even operating or modding some bot then since you do lack knowledge then it would be leading into disaster. Presets? you cant really be able to be so sure that it would be effective.
Which ever way you would really be seeing then it would really be needing that sufficient knowledge and skills on making yourself that sustainable.
hero member
Activity: 2324
Merit: 562
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Both are not recommended from my knowledge,make your own strategy based on the past flow chart of that coin.Don’t invest the full money into the bitcoin itself,their are lot of good project like Ethereum,XRP,ADA and Matic.So split your money in to ten different parts,then invest your money into the ten parts in ten different coins.First choose the project which survive over a couple of years,because it had huge number of investors.So they won’t allow the ship to get into the sea,the long existing project will give huge profits at any time.
hero member
Activity: 1470
Merit: 555
dont be greedy
Given only those two options, I would prefer utilizing a bot. This is because I encounter certain predicaments when engaging in copy trading, which inevitably involves my emotions.

In contrast, employing a bot for trading absolves one from the need to constantly monitor current prices or make tomorrow's predictions. It is an exceptionally convenient approach for individuals blessed with disposable income. Nonetheless, it is imperative to ensure that the bot possesses an impeccable security reputation, as one certainly wouldn't want their assets vanishing due to placing unwavering trust in such a facility.

If presented with alternatives beyond the aforementioned, I lean towards opting for long-term investments. With a sum of 4k at my disposal, it would be substantial enough to procure several promising coins and await opportune bullish moments to sell them at higher prices.
legendary
Activity: 2086
Merit: 1058
Trading's flaws frustrate me too. Isnt it like blindfolded minefield walking? Trading bots and self-proclaimed experts preying on the naive can make one long for simpler times without digital distractions.

Trading is art and science. Academic theories are limited. Emotions, instincts, and gut sentiments can tip the balances. Trading bots and miraculous strategies just systematise the unpredictable.

Philosophically, patience pays. "Hodling" coins for years through market turbulence has traditionally delivered large gains. However, there's more. Serious crypto investors must brace for downturns and long winters. Sustainable growth requires creativity and new investment opportunities.
Trading bots shouldn't even be marketed as a way to make a profit, it should be marketed as doing what you ask it to do, which it does perfectly I agree with that but that's not the perfect way to trade. You tell it to buy when X indicator hits Y, and sell it when A indicator hits B, and that's it, it does that 7/24 nonstop with maybe 100 pairs if you want it to and that's how it trades. You told it something, it did it, that's it.

Doesn't mean that what you told the bot to do was a good thing, maybe it was a terrible strategy and you will lose money, or maybe it was a good strategy but it didn't had anything coming back for it. So in the end, you face the reality that trading bot is not a good way to make a profit, it's just an employee you have, a good one that follows orders, but sometimes orders are bad.
hero member
Activity: 2268
Merit: 579
Vave.com - Crypto Casino
Copy trading is like a playing in Casino, where someone else makes bets with your money. Trading bots are safety, but useless. You can make the same with your own hands. It seems that much smarter would be investing in liquidity pool, for example. Or even just holding your btc.
^In short, copy trading is beneficial for inexperienced traders who want to participate in the financial markets by replicating the trades of successful traders. It offers accessibility, a learning opportunity, and the ability to diversify portfolios. While trading bots provide automation, efficiency, and the ability to operate 24/7, making them suitable for those seeking a more hands-off approach. They can execute trades swiftly, backtest strategies, and operate even when you're not actively involved. The choice between copy trading and using a trading bot depends on our preferences and what level of trading knowledge we have.

If you already have trading knowledge and using bots is recommended, as it will help you a lot and save you time. But I don't understand the benefit of copy trading and what can we learn from copying. I just found that copying trades just make us lazier, and we have a mindset of relying on others rather than doing everything ourselves. It is not learning or will be good in the long run, especially newbies, the more lazy they become. I am really against the idea of copying trades or trading based on other people's signals.
member
Activity: 1218
Merit: 49
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I have to admit it myself: I really sucks at trading whether it can be crypto, forex or whatever. I just could not make up my mind to fully grasp the technical analysis needed on this aspect...and I am sure there can be also many people like me who might want to avoid the necessary learning curve and just opt for some shortcuts like copy trading offer or a bot. And those are indeed so risky. One should not adopt the idea that one has just to sleep and let a program works for his advantage as this can be the best and sure way to perdition. Be careful, always.
legendary
Activity: 3094
Merit: 1127
Which is better to invest in copy trading or bot

And is there any other alternatives

I have 4k btc to invest
None of the above!

It would be best if you do make yourself do manual trades rather than on considering yourself about automation and following someone with your trading handsfree. Its not really worth the risk and the money
would be spent out. If i were you and if you are a complete newbie then make use at least $500 or lesser and try out to do your trading for yourself and try out to learn up things along the way.
Target out on being able to avoid severe errors and mistakes until you would be finding out yourself that effective or having the progress. This is the time that you would consider on making use of other
money or capital you do have earlier on the time that you do see that you would be needing to expand out your capital to have bigger position.
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