Copy-trading can be a legit way to make money if you pick the right trader to follow. On Bybit, for example, you can copy top traders who have solid strategies and good track records. Basically, whatever they trade, your account does too, so you get to ride their skills without having to be an experRead more
Copy-trading can be a legit way to make money if you pick the right trader to follow. On Bybit, for example, you can copy top traders who have solid strategies and good track records. Basically, whatever they trade, your account does too, so you get to ride their skills without having to be an expert yourself.
But heads up — it’s not 100% risk-free. Even pros can have bad days, and crypto markets are super volatile. So, don’t just throw all your money in blindly. Start small, watch how the trader performs, and make sure you’re comfortable with the risks.
Bybit’s platform makes it pretty easy to find verified top traders with stats and past performance, so you can choose wisely. If you’re smart about it, yeah, copy-trading can be a nice way to earn, especially if you don’t want to spend all day analyzing charts yourself.
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crypto exchanges gotta be super careful ‘cause people’s money is on the line. First off, they should have strong two-factor authentication—like not just a password but a code on your phone or an app. That makes it way harder for hackers to get in. Then, stuff like cold wallets is a must. That meansRead more
crypto exchanges gotta be super careful ‘cause people’s money is on the line. First off, they should have strong two-factor authentication—like not just a password but a code on your phone or an app. That makes it way harder for hackers to get in.
Then, stuff like cold wallets is a must. That means keeping most coins offline so hackers can’t just steal them from the internet. Also, regular security audits to check for bugs or weak spots help a lot.
Another thing is monitoring weird activity—if someone suddenly tries to move a lot of coins or log in from a weird place, the exchange should catch that fast and maybe freeze the account till they check.
And of course, educating users to avoid phishing scams and using strong passwords is key too. If the exchange and users both stay sharp, it makes the whole thing way safer.
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