In order to copy trade Bitcoin Cash on eToro, you need to find and select a trader who specializes in BCH. Once you've chosen a trader, set your preferred investment amount and other copy trading parameters. Then, simply click the "Invest" button to begin mirroring their Bitcoin Cash trading activities.
eToro's copy trading feature presents an intriguing opportunity, especially for those interested in cryptocurrencies like Bitcoin Cash. In this article, I'll delve into how to leverage this feature to mirror the BCH trades of seasoned investors on the platform.
While there are numerous methods to locate crypto traders on this social investment network, I found the most direct approach is through the "Copy Bitcoin Cash Investors" section directly on the Bitcoin Cash asset page.
This section is situated within the Overview tab. By scrolling past the Graph, Latest News, About, and People Also Bought sections, you'll find a curated list of investors who specialize in BCH. This list displays each trader's name, username, and their performance status (indicated in green for profit and red for loss), offering a streamlined selection of profiles actively trading in BCH.
🔍 Why use this?
I prefer this technique as it simplifies the task of finding relevant traders. The platform does the heavy lifting by providing a refined list of recommended traders, saving time and effort.
To begin copying an eToro Bitcoin Cash trader, follow these steps:
With the process outlined, the final decision rests with you. eToro offers a wide array of traders to follow and copy, so it's crucial to examine their portfolios thoroughly. Assess their statistics, past performance, and risk score to ensure they align with your investment goals and risk appetite.
Remember, successful copy trading involves careful selection and ongoing monitoring of your chosen trader's strategies and results.
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