What is your opinion on social trading networks and their role in allowing investors to observe the trading movements of their peers without traditional wealth managers? - Seedly
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Anonymous

Asked on 06 Nov 2019

What is your opinion on social trading networks and their role in allowing investors to observe the trading movements of their peers without traditional wealth managers?

Like eToro, CopyOp and copy traders in general

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Gabriel Tham
Gabriel Tham, Tag Team Member at Kenichi Tag Team
Level 9. God of Wisdom
Answered on 07 Nov 2019

You fully take on the risk without knowing what they are doing.

Sure, you might make money but how sustainable is it?

It is better to learn how to fish rather than depending on others for your fish.

Give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime.

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