Other Types of Trading Products

HODL & Earn

HODL is an acronym for “Hold On for Dear Life” and is a term used by cryptocurrency investors to describe the strategy of holding onto their investments for a long period of time, regardless of market conditions. HODLing is a popular strategy among cryptocurrency investors because it allows them to earn passive income over time by simply holding onto their investments. This way, investors can benefit from the long-term appreciation of their assets, as well as any potential dividends or rewards that may be paid out. Additionally, HODLing can help investors avoid the short-term volatility of the cryptocurrency markets.

If you decide to HODL your assets instead of actively trading, you might find the selection from the HODL&Earn section very likely to use. These types of products will help you achieve financial interest by simply locking up your assets for a specified time range, or doing flexible staking.

Copy Trading

Copy trading is a type of automated trading that allows traders to copy the trades of experienced and successful traders directly into their trading platform. The copied trades are executed in the trader’s account automatically at the same price and volume as the original trade. Copy trading is a great way for new traders to learn from experienced traders without having to spend time and money on trading education. It is also a great way for experienced traders to diversify their portfolios and increase their profits.

Benefits of copy trading

1. Low barrier to entry: Copy trading is a great way for new traders to get started in the markets without having to learn the complexities of trading. It allows them to start trading with a much lower capital requirement than traditional trading.

2. Access to experienced traders: Copy trading gives new traders access to experienced traders who have a proven track record of success. This allows them to benefit from the experience and knowledge of these traders without having to learn the markets themselves.

3. Diversification: Copy trading allows traders to diversify their portfolios by investing in multiple strategies and traders. This reduces the risk of any one strategy or trader failing and helps to spread the risk across multiple strategies and traders.

4. Automation: Copy trading allows traders to automate their trading strategies. This means they can set up their trading strategies and let the software do the rest. This saves time and allows traders to focus on other aspects of their trading.

Conclusion

In this module, we’ve learned about two beginner-friendly methods on how to earn money by investing money. Whether you HODL your money in your wallet or become an active trader using the most successful copy-trading strategy, the choice is yours.

Highlight

1. Financial Products where you can HOLD your assets and earn interest are a good way to increase your capital, especially during unstable markets, bearish markets, or when you simply decide to stop trading for a while.

2. Copy Trading Products are a great start for beginners because you don’t need to spend a lot of personal trading time. Instead, everything is settled automatically, which can bring you great results.

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