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What Are the Disadvantages of Crypto Copy Trading?

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Copy trading is an excellent way to learn trading, especially for beginners who have mastered the basics. It allows us to learn the tactics and strategies used by expert traders.

The term copy trading is adopted from the world of forex and stocks. Essentially, copy trading is an automated service for copying the positions of expert/professional traders by linking our account to the account of the expert trader we have chosen. For example, if the expert trader we follow buys 0.01 BTC, we also buy BTC at the same time.
 
The disadvantage of copy trading is that you place your fund in another person's decisions therefore any mistake from the professional will definitely affect your fund. Therefore, you don't directly have influence on your trading.
 
Copy trading seems easy, but I’ve noticed some big drawbacks. You don’t control trades, so if the trader you copy makes a mistake, you feel it immediately. Also, fees and timing delays can eat your profits, and it’s easy to forget that markets are unpredictable. Great for learning, but still risky if you’re after serious returns.
 
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