New to crypto but whats stopping from copying trades of someone rather successful on crypto? Is this a common thing or is it looked down upon
you will get dumped on and lose everything
>>59646087Because you're gonna be exit liquidity. It works as follows, faggot you're copying buys some shit, then you and a bunch of other retards buy the same shit at higher price, seconds later that faggot dumps on your asses. The only way it can work is if the faggot hits 100x but you don't need to copytrade in this case.
>>59646087He will notice you are copying him and then begin trading badly on purpose so that you trade badly too.
>>59646087i need an apparatus like this attached to the vent of a girl's bathroom in japan
>>59646087If you copy someone's trades you are literally giving them your money and hoping that someone else gives money to you afterward. It's one of the most retarded trading strategies you can possibly adopt.
You can't copy "successful trades" because the whales making big money aren't trading. They're starting or getting in on private sales/giveaways that you don't have access to.
>>59646417this desu