Is copy trading worth the risk?
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Hey, I am a long time small but traditional investor, I trust the currency since I first started researching about it and I have been adding crypto into my portfolio worth $10-100 per month depending on the financial situation.
I am not much of a trader, I rarely trade or sell my bitcoin or ETH, but I think I want to try something new now. I just discovered about copy trading and now doing some research about it, so my questions for you guys are:
P.S: Platform I am using is Binance(Please don't judge me for using CEX).
My trading level is Beginner
Amount I can invest for this attempt is maximum $100, so please answer based on these information.
1) Is it worth the risk? Have you ever tried it, if yes how much money you invested (in USD)?
2) For a beginner trader like me would you suggest that feature or should I stay away it?
3) What's the Lowest amount can we invest in it, I am willing to lose $100.
4) If you think I should start using it then what are your tips and some suggestions for it?
Thanks in advance.
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