How does signing up under someone on BitMEX affect my trading experience?

3 answers

• Dec 17, 2021 · 3 years ago
  Signing up under someone on BitMEX can have both positive and negative effects on your trading experience. On the positive side, signing up under someone can provide you with additional support and guidance, as the person you signed up under may be able to offer you tips and strategies for successful trading. Additionally, some users may offer referral bonuses or incentives for signing up under them, which can be beneficial. However, there are also potential downsides to consider. If the person you signed up under engages in risky or irresponsible trading practices, it could negatively impact your own trading experience. Additionally, if you rely too heavily on someone else's advice and don't take the time to develop your own trading skills, it could hinder your long-term success as a trader. Ultimately, it's important to carefully consider the person you choose to sign up under and to take responsibility for your own trading decisions.
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• Dec 17, 2021 · 3 years ago
  Signing up under someone on BitMEX can be a great way to learn from experienced traders and gain insights into successful trading strategies. By following someone who has a proven track record of profitable trades, you can potentially improve your own trading performance. However, it's important to remember that no one can guarantee profits in the volatile cryptocurrency market. It's always wise to do your own research and make informed trading decisions. Additionally, signing up under someone does not guarantee that you will achieve the same level of success as them. Each trader has their own unique approach and risk tolerance, so it's important to develop your own trading style and not solely rely on someone else's recommendations.
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• Dec 17, 2021 · 3 years ago
  Signing up under someone on BitMEX can provide you with a sense of community and support. You can connect with other traders who have similar interests and goals, and learn from their experiences. This can be especially beneficial for beginners who are just starting out in the world of cryptocurrency trading. However, it's important to remember that not all traders have the same level of expertise and knowledge. It's crucial to do your own research and verify the information you receive from others. Additionally, while signing up under someone can provide you with valuable insights, it's important to develop your own trading skills and strategies. Ultimately, your success as a trader will depend on your own efforts and decision-making abilities.
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