The biggest mistake—really, the biggest mistake you can make against yourself and your wallet—is to enter copy trading with instant versions or spot.
Imagine you enter an instant copy trade on a coin, and after some time the platform sends a notification that the coin will be deleted soon, and you’ve already lost 98% of the coin on the copy-trading account. You don’t have the right to withdraw the coin from the copy account; you must, by force, sell first the coin and close the trade at a loss. Whereas normal spot trading gives you the right to transfer the coin to another platform, and you can keep the coin on the other platform where the coin is still traded.
There’s a difference between instant copy trading and normal spot copy trading—this is a huge, extremely unfair thing. I lost on the ACX coin
3000$ because of this mistake in the copy-trading account.
Imagine you enter an instant copy trade on a coin, and after some time the platform sends a notification that the coin will be deleted soon, and you’ve already lost 98% of the coin on the copy-trading account. You don’t have the right to withdraw the coin from the copy account; you must, by force, sell first the coin and close the trade at a loss. Whereas normal spot trading gives you the right to transfer the coin to another platform, and you can keep the coin on the other platform where the coin is still traded.
There’s a difference between instant copy trading and normal spot copy trading—this is a huge, extremely unfair thing. I lost on the ACX coin
3000$ because of this mistake in the copy-trading account.