Another highly requested feature of my trading platform has been the ability to copy my trades automatically. Unfortunately, I have hesitated in accomplishing this effort due to potential legality issues here in the U.S. Copy trading, though legal, must be performed on fully licensed exchanges. Therefore, I will not recommend that anyone follow my trades until they have checked their national and local law codes for permission. Once you have ensured that copy trading is legal in your location, then you may proceed at your own risk. Yes, this is risky. Exercise caution in the amount allotted to these copy trades and never trust me or anyone else to bring you profit. You are solely in charge of your own money. Nobody else.
With that disclaimer out of the way, let me explain how I will start this feature and what my plans will be moving forward.
First of all, I am leary of centralized exchanges. Not only does the concept of centralization run contrarian to the philosophy of crypto, but it can be dangerous IMO. I just got done warning you to never trust me or anyone else to bring you profit. The same can be said about storing your money. Not your keys, not your coins. One only has to look back a few years to observe and understand the devastation that was caused financially to all those who put their trust in a CEX (centralized exchange). Google FTX Collapse for more.
Then there is the privacy concern. All legally licensed and permitted crypto exchanges here in the U.S. are required to KYC (know your customers). This, in turn, demands customers turn over their driver’s license, social security number, and sometimes fingerprints or biometric data! How long before one of these CEXs is hacked, all of your very valuable personal data is stolen, and your identity is sold on the dark web? I suspect a time is coming soon and I, for one, don’t want to be a part of this if it’s not already too late.
For these reasons, I have avoided centralized exchanges more recently. This, in turn, had caused me to avoid copy trading. I incorrectly assumed that most copy trading was accomplished via CEXs.
I was yesterday years old when I discovered how easy it was to copy trade on a DEX if I wanted to and if my local/national laws would permit. They don’t so, I don’t (that’s for any governmental prying eyes). But you may be authorized to do so in your part of the world.
I also discovered that, if it was permitted in my location, I could copy trade via a bot on Telegram! This was the light bulb moment for me. I had no clue how so many millions were utilizing this method and I was just now figuring it out. I felt like an idiot. It’s so easy too.
First, you engage a bot on Telegram. I am starting with Trojan. Click the link below for a 10% discount on all your future trades:
https://t.me/odysseus_trojanbot?start=r-prophetstew
Trojan allows me to trade on the Solana blockchain. Which is perfect because that’s mostly where I personally trade anyways and have done very well doing so. In the future, I plan to trade on TRON, AVAX, ETH, and more.
Once started, all you’ll need to do is configure your trade settings appropriately and find a wallet to copy. If you are authorized to do so in your country, you may copy my wallet address below. For now, this copy trading feature is new (meaning experimental); again, I’d caution you to exercise caution in allotment amounts. I believe I will do well as I have already proven to myself in my personal trades (i.e.- made 100% on GUAC last week), but these are highly volatile coins we will be trading. Some of them are meme coins. And some of them could go “poof” in the night and disappear forever.
I will be trading the top market cap/volume coins on the Solana chain. To get an example of what these might include, click on one of the following links:
https://birdeye.so/find-gems?chain=solana
https://www.coingecko.com/en/categories/solana-ecosystem?asset_platform_id=solana
Now onto my wallet address. Currently, the copy trading feature is available for paid subscribers only. If ever, in the future I can also earn commission as other traders do on centralized exchanges, this may change. For now, there is no commission on success via the DEXs (that I know of yet).
Below are the wallet addresses you may copy along with a brief description of what those wallets will trade, the chain they live on, and the bot recommended:
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