u/Kaleidoscope10Pod

▲ 36 r/binance

Does anyone here have success with the copy trading option on Binance? I have tried many times, and many experts but I always end up losing somehow.

The experts seem to have high success, but when overall I end up in the red, or get small profits to keep me hooked.

Is there something I can do to improve this, or is this system setup to be like this?

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u/Kaleidoscope10Pod — 1 month ago

I keep seeing people talk about MEV bots and how they’re making money off Ethereum transactions, and I’m honestly trying to figure out how real that actually is vs. just hype.

From what I think I understand, these bots basically watch transactions before they’re confirmed and jump in to profit off price movements (like buying before a big swap, selling after, that kind of thing). Sounds kind of crazy that it’s even possible, but apparently it’s a whole ecosystem now.

What’s pulling me in is obviously the money side. I’ve seen people claim they’re making consistent returns, which if true, feels like one of those “why isn’t everyone doing this?” situations.

But then the deeper I look, the more complicated (and expensive) it seems:

  • You might need to run your own node or pay for fast connections
  • There’s competition from people who are way more advanced
  • Gas fees alone can eat you alive if things go wrong
  • And I’m guessing you need some coding knowledge to even get started

So now I’m stuck somewhere in the middle. It sounds like a huge opportunity, but also kind of feels like one of those things where the barrier to entry is way higher than people admit.

I’m not a total beginner with crypto, but I’m definitely not a hardcore developer either. I can follow along with concepts, but building something from scratch would probably take me a while (and I don’t want to sink a ton of money into trial and error if it’s not realistic).

So I’m curious:

  • Are regular people actually making money with MEV bots, or is it mostly insiders/advanced devs?
  • Roughly how much would someone need to get started in a realistic way?
  • Is this something you can ease into, or is it kind of all-or-nothing?
  • And honestly… is it still worth getting into at this point, or did I miss the window?

Would appreciate any real experiences (good or bad). Trying to figure out if this is a legit opportunity or just another thing that sounds easier than it actually is.

reddit.com
u/Kaleidoscope10Pod — 1 month ago