摘要: Navigating the world of cryptocurrencies can be nightmarish at the best of times. New coins and tokens are continually emerging, and volatility means that digital assets can be flying high one day and crashing the next.

 

 

Navigating the world of cryptocurrencies can be nightmarish at the best of times. New coins and tokens are continually emerging, and volatility means that digital assets can be flying high one day and crashing the next.

Understanding how the industry works and where opportunities lie can take an exhaustive amount of effort — and it could be argued that the complicated nature of crypto dissuades many ordinary traders from getting involved.

“Social trading” is being touted as a potential solution. Through specialist crypto platforms, such as exchanges and wallets, inexperienced consumers have the potential to emulate the strategies of others. They can also gain access to insights and perspectives from seasoned traders, enabling them to understand why crypto assets may fluctuate in value — and the indicators that potentially offer clues to future movements.

But how do these tools work, and what are their upsides and downsides?

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Full Text: cointelegraph


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