Topic: Which is better to invest in copy trading or bot - page 3. (Read 615 times)
None of those options are good. It's irresponsible to let someone else work with your money. And even more irresponsibly to let some bot work with it. You will learn nothing even if you lose money.
Which is better to invest in copy trading or bot
And is there any other alternatives
I have 4k BTC to invest
A trade in which you want a bot to trade for you or copy other people's trade, you too can do so, All it requires you to do is just dedication of time and interest to learn how to do it. I highly discourage traders from depending on someone else to leverage the financial market when they can do it themselves. Think about if the system (bot) is no longer functioning or the source which you are copying from, meaning you are out of business. And is there any other alternatives
I have 4k BTC to invest
Invest in yourself and learn the skill, and it will forever be part of you.
Which is better to invest in copy trading or bot
And is there any other alternatives
I have 4k btc to invest
To begin with I think this thread is more suited for the trading section of the forum, that being said be careful as most likely scammers will target you, not only you revealed the amount of money you have in hand, but with all due respect you are also showing that you do not have too much knowledge about this market, so it would not surprise me if a scammer contacted you claiming to have a method to make a lot of money only for you to be scammed on the end, and you need to be very careful if you do not want this to happen to you. And is there any other alternatives
I have 4k btc to invest
The way that you are planning to invest using these tools is not the right way, and for sure, you'll be just waiting for money for both of these things. I know you want to earn profit as you want to take a shortcut on trading because you are using copy trading or bots, but again, this is not reliable because first you can't rely on them, like if the person that you copy trade will not trade for a year or the bot is not working and you can't contact the developer, plus you don't have any knowledge on trading, then sure, you'll be dead that time, and again you find another copy trading or bot, which again in a few months would be gone. Try to learn on your own so that you won't rely on others; it is better to rely on yourself.
Which is better to invest in copy trading or bot
And is there any other alternatives
I have 4k btc to invest
Both copy trading and bot trading is just completely wrong, why will you have to put your confidence in other people, bot is being programmed and it will do what it is asked to do, but it can fail at any moment, I know some people are making money from bot trading but all what I will say is that a day will come when everything will fail and you might end up losing both the main capital you used to start trading and the profits you realized when the bot was working fine. And is there any other alternatives
I have 4k btc to invest
Why will you copy other peoples trade when you can learn to do your analysis and trade yourself, those people that you are copying their trade also learn it, so why do you have to depend on them, So if the person you copying his trade goes wrong, then you are also losing money? That’s really bad, if you really want to be a trader, take your time to learn how to trade, you can take like $200 from the $4k you are having just to keep on practicing with it, and with time you will also become a professional.
Copy trading will not allow you to get the right result on time in your trading, because once that person you are copying from fail at the moment, you too will fail which is not advisable as a new trader to apply such strategy in your crypto trading. If you can take your time to learn so many things about crypto investment before investing, it will really help you to make a good profits from that your small amount of money, because many potential traders has used that kind of capital to improved higher in the community. It is better you take a bold step to start trading by yourself than using bot trading to trade your coins which will be difficult for you to maintain a steady profits from your crypto trading.
We take the time to learn and learn about trading also cannot guarantee that we will make a profit because trading is not easy, making money with trading is not for everyone. But self-study will give you experiences and skills when you depend on others you won't have. Most traders who can make money must go through losses to regain their knowledge, experience, and skills. So if you seriously want to trade for money, you need to make sacrifices and trade-offs, and I don't see many people doing that so far.
As a newbie, why doesn't OP think about holding for a long time? I believe holding will suit you better, and the profit is not as small as you think. OP, you shouldn't enter a trade if you don't have any knowledge about it, and copying from others or using bots won't do you any good if you don't have knowledge.
both has bigger risk rather than the profitability rate. maybe mining still profitable at this time, but you need to buy better performance GPU rather the amount of it. you can use this site as reference https://www.nicehash.com/profitability-calculator.
Copy trading will not allow you to get the right result on time in your trading, because once that person you are copying from fail at the moment, you too will fail which is not advisable as a new trader to apply such strategy in your crypto trading. If you can take your time to learn so many things about crypto investment before investing, it will really help you to make a good profits from that your small amount of money, because many potential traders has used that kind of capital to improved higher in the community. It is better you take a bold step to start trading by yourself than using bot trading to trade your coins which will be difficult for you to maintain a steady profits from your crypto trading.
Which is better to invest in copy trading or bot
And is there any other alternatives
I have 4k btc to invest
I think you Don't know what is copy trading and what is trading by bot. and you Don't know about its rick. You follow them. You can make temporary profit by trading in short term trading but from here you cannot make regular profit. And if you follow them, you will not be able to gain any experience yourself. As a result you will always be dependent on others. So you must analyze yourself and trade according to your own knowledge whether it is short time or long term. After you've done your research, you can compare it to bot and copy trading results and estimate how different they are from your analysis. And is there any other alternatives
I have 4k btc to invest
If you have no idea what to choose, learn first and start from the beginning of learning how to trade or using bots. If the choice is copy trading, I don't recommend that honestly.
You're like begging for someone's hand just for you to profit and you're unsure if that money you'll be investing there will be profitable and much worse, will lead you to losses.
Using a bot is fine, and there's nothing wrong with that whether you've bought it or using a free version. But the usage of it will depend on you, it's not gonna guarantee you profit just because you're using it.
And you have bitcoin and you're willing to trade it? That's a huge capital but it's yours and try with small amounts first.
You're like begging for someone's hand just for you to profit and you're unsure if that money you'll be investing there will be profitable and much worse, will lead you to losses.
Using a bot is fine, and there's nothing wrong with that whether you've bought it or using a free version. But the usage of it will depend on you, it's not gonna guarantee you profit just because you're using it.
And you have bitcoin and you're willing to trade it? That's a huge capital but it's yours and try with small amounts first.
Which is better to invest in copy trading or bot
And is there any other alternatives
I have 4k btc to invest
No form is safe, if you have invested you have to accept the risk. It is important that you allocate the most reasonable capitalAnd is there any other alternatives
I have 4k btc to invest
While on copy trading, you click 1 button and let the master trader do the job.
And both got difference advantages and disadvantages and I can only see the disadvantage of copy trader is the fee you are paying, which is extremely high that fee is only for profitable traders and if a trade is lost, you lost more than you earn, something like that,
Which is better to invest in copy trading or bot
And is there any other alternatives
I have 4k btc to invest
No form is safe, if you have invested you have to accept the risk. It is important that you allocate the most reasonable capital And is there any other alternatives
I have 4k btc to invest
Which is better to invest in copy trading or bot
And is there any other alternatives
I have 4k btc to invest
And is there any other alternatives
I have 4k btc to invest
Are you a new person here? As some advice here, why don't you hold your bitcoin and enjoy profit without any risk? Trading is very risky, especially for newbies, I am not saying that trading cannot be profitable, but it is not as easy as holding. If you are passionate, you should start with yourself, not find a way to depend on others. If just using bots or copying other people's signals can make money, there won't be too many people losing.
hero member
Activity: 770
Merit: 538
Leading Crypto Sports Betting & Casino Platform
Bot and copy trading work almost the same because the bot works through a program and that program is created by a human so a programmer programs the bot based on his own research and analysis. I don't like being dependent on anything to trade. trades must be done through your own personal research and analysis. It improves confidence and reduces fear in trading. So I don't think trading through bot or copy trading is a logical decision. Both of these are very risky
Although trading generally is risky because of the dynamic system of the market, I believe it's better to be very reliant on one's trading skills than on bots or copy trading, which is almost the same thing, because some bots are still doing the copy trade of other successful traders. I really agree with you, @coinerer. Although trading Might be risky, there are still successful traders who are making steady profits despite the losses they sometimes encounter. They still know how to minimise their risk of losing more than they can earn. So, if traders learn more about how to trade, they can improve themselves without having to rely on bots.
Cheers 🥂, Dr.Bitcoin_Strange 👺👺
Which is better to invest in copy trading or bot
And is there any other alternatives
I have 4k btc to invest
The use of copy trading or Bot was not suggested if you did it for the long term. Maybe if you are a newbie and just need some ideas and experience, but if you keep relying on any of the two, you are actually making yourself a loser in the end. Because successful and profitable traders never do that instead, they'll take their own and develop their own strategies. And is there any other alternatives
I have 4k btc to invest
I'm not sure if the figure is right but anyways, If I were you, just invest naturally. By simply doing buy, hold, and sell - you're really not stressing your life and have peace of mind.
Instead to venture into what you don't know too well it's better you hold your bitcoin and wait for bullish market to come so that you will make profit, because it's obvious that trading require so many things and you have to learn and understand the skills of trading before you can become a success trader, I will advice you as a Newbie to hold your bitcoin and don't trade both manual and bot because you have not been acquainted with the system of trading mostly knowing the rudiments
Which is better to invest in copy trading or bot
And is there any other alternatives
I have 4k btc to invest
If I were going to choose of the two, I will choose copy trading. Trading bot is just relying on the program and not in the actual market, there's a time that the strat that bot were using are not working and that's why a lot of traders profitable at first but end up losing. It's better with copy trading, you can choose which trader you wanted to copy, you can see his performance in trading from the past months to make sure you are with right trader. It's not automatic trade, you have to copy their trade on your account so it's up to you wether you copy trade now or not. And is there any other alternatives
I have 4k btc to invest
Which is better to invest in copy trading or bot
And is there any other alternatives
I have 4k btc to invest
None of these ever worked for me, so I reckon you shouldn't use them either cause they are a fun gimmick at best and a scam meant to lure people who don't know basic trading principles out of their hard-earned cash. If you managed to go so far as to earn as much as 4k BTC without ever using trading as a form of profit gaining then might as well stick with what works for you yeah? Or perhaps you're talking about $4k worth of bitcoins to which I say just save it for now, learn trading by heart so you don't have to rely on these scammy bots and copy traders who don't even know what they are doing in the first place, so you have full agency and accountability for all your wins and losses. And is there any other alternatives
I have 4k btc to invest
How come every newbie only asks to use bots for trading? Are they not looking for ways to make good and right trades to make a profit. $4k is a huge amount and it is entrusted to trading bots which have the risk of being wrong or even fraud. Doing your own trading is more advisable and learning trading knowledge is mandatory. Without trading knowledge, never enter the crypto market, it will only be a wasted disposal.
Which is better to invest in copy trading or bot
And is there any other alternatives
I have 4k btc to invest
I'd be careful of not choosing any of them because these days, I choose not to be a day trader. But if you want to be one, you have to start just going with the spot market. And if you're looking for any alternatives, there's no need for you to think. By simply buying that $4k worth of BTC as your investment, you don't need to do that much as you only need to hold and do nothing with it. There's no any tricks or strategies aside from the term called, HODLING. I'm sure that you've heard of that somewhere and with that amount, you need to search for yourself first if you truly are prepared and ready to buy Bitcoin. Because if not, you may regret it eventually that you've bought when you're not prepared mentally and emotionally. And is there any other alternatives
I have 4k btc to invest
Jump to: