Majority of new investors looking to get into social trading are always a tad skeptical on whether they can actually benefit from it.
Trading generally does come with inherent risks but most social trading networks, like Tycoon, have advanced features that make it possible to pick profitable and consistent traders to follow. We can conclude that yes, social trading does work and you can make a decent return from engaging in it.However, it is advisable, to begin with, a social trading demo account and learn the skills of picking profitable traders to follow.
Benefits of social trading.
🔗 Accessibility:Major advancements have been made in social trading and varieties of social trading platforms are available freely for all traders and beginners to choose from.
🔗 Reduces your trading learning curve as it allows you to follow the trading activities of professional traders where you can learn more from watching and observing and later replicating the success of these successful traders.
🔗 Majority of social trading platforms, like Tycoon,allows you to have a social trading demo account giving you the ability to simulate the real world of social trading entirely risk-free.
🔗 Social trading also allows you to access numerous trade ideas from professional traders all over the world, boosting your trading confidence and helps in decision making as you can gauge aspects such as sentiments from other members.
🔗 Through engaging in social trading, you will have access to various trade ideas and signals allowing you to allocate your user portfolio to various providers thus spreading the risks that are associated with individual decisions.
🔗 Ease of use: Many of the social trading networks have intuitive interfaces which are very user-friendly for newbies thus making the process of copying your favorite and profitable traders less time consuming and easy.
🔗 Experienced and profitable traders get to earn extra revenue by connecting to social trading networks and providing their trades for followers to copy.
Why Tycoon is the ultimate solution.
Tycoon meets these and other benefits as the first fully-automatic social crypto trading platform with real cryptocurrency. It serves as a safe and secure interface between professional traders and the end-users.All the activities of the traders are closely monitored through a secured API connection in real-time and can be copied to the portfolio of a follower automatically.
Each user on the Tycoon platform manages their investments at their own preferred exchange,also being able to have access to their portfolio at any given time. Followers can freely assign a part of their volume to each of the selected traders and set an individual stop loss. Selecting various traders allows the diversification of investments to optimize your portfolio management.
To make sure that all users have a safe experience, the Tycoon platform is developed with top-notch security standards and is under continuous assessment through individual algorithms.
CONCLUSION.
Join the Tycoon movement and be able to connect with other traders and use the platform’s special copy trader technology to automatically copy their trading portfolio performance. Explore an ever-growing variety of cryptocurrencies and be able to automatically copy the underlying assets from pro traders in this community.
🔗 Website: https://tycoon.io/
🔗 Whitepaper : https://www.tycoon.io/whitepaper.pdf
🔗 Facebook : https://www.facebook.com/Tycoonio-1082428378632504/
🔗 Instagram: https://www.instagram.com/tycoon.io/
🔗 Twitter: https://twitter.com/tycoon
🔗 Telegram: https://t.me/Tycoon_Official
🔗 Linkedin: https://www.linkedin.com/company/tycoonio/about/
🔗 Github: https://github.com/tycoon
🔗 AnnThread: https://bitcointalk.org/index.php?topic=5165235/
★ Author: jamesndungu1
★ BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1856049
★ All Images credited to TYCOON OFFICIAL WEBSITE
