12 Best Crypto Copy Trading Platforms in 2022 for New Traders
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It seems like everyone is investing and trading crypto right now, and some are striking it rich. However, buying and selling crypto successfully involves a lot of research, practice and moving parts. Fortunately, this doesn’t mean you have to miss out.
If you’re new to the crypto world and haven’t put the time in to develop a successful trading strategy and master the markets, copy trading will allow you to profit just like the big dogs. In this guide, we go over the ins and outs of copy trading, as well as the best crypto copy trading platforms to make the most of this 100 percent hands-off approach.
What Is Crypto Copy Trading?
Crypto copy trading is a dynamic concept allowing anyone to copy the exact trades of proven cryptocurrency investors on autopilot, completely automating the entire crypto trading process.
With traditional crypto trading, you need to study the markets, look at charts, and perform quite a bit of research to support your trading decisions. Moreover, after placing a buy or sell trade, it’s up to you to manage the trade and exit at the right time.