Copy trading by Gen Z

Dear Reader,

Copy trading…

The term makes some traders roll their eyes. 

Because it refers to newer traders taking a bit of a shortcut. 

They copy the same trades of more skilled investors.

Theoretically that should lead to better results. 

That remains to be seen.

Some say it helps them "earn while they earn."

Some believe it saves them time.

Others simply want to verify their trades before committing. 

We do know this…

A report by Bitget shows 44% of copy traders are under 25 years old.

Only 7% of copy traders are over 55. 

The report went on to say…

The practice in crypto is offered by certain exchanges. 

Some of these include eToro, Bybit and MEXC.

An automated tool copies the positions of a chosen individual. 

In the age of social media influence, it's no wonder copy trading is a hit.

Especially among younger Gen Z traders. 
Whether you use this strategy or not…

Cointelegraph offers the best platform in the industry.

For finding trades about to take off due to market moving events. 

Regards,

Russell DeCorte
Director
Markets Pro

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