that sucks ... just hodl
I can't cus I got liquidated but lesson learned
what is copy trading
Binance have that option, your account automatically copy the operations of a principal trader that you choose. It worked just fine for a lot of months but this crash liquidated lot of people
I never heard of that that sounds really cool I guess until it isn't apparently
That sounds borderline criminal. So some big influencer dude doesn't need to pump and dump on Telegram but will have his clones served to him by Binance?
So let me get this straight: The leader gets to front-run the followers every time?
The copy leader gets 10% or the profits earned from the copiers
The 10% are an incentive to not screw them over but ... that's on top of him doing the trade before the others or does he need a secondary account to front-run them?
No, it's a 10% *bonus* before they front-run them 🤣