Trading can be highly intimidating for a cryptocurrency newcomer. There is plenty to learn about trading environments, interfaces, and terminologies. As a result, newbies frequently lose money when attempting to trade cryptocurrencies on their own.
As a professional trader, I'm surprised to see several comments from followers, usually beginners, asking how they can copy my trades or join my trading community if one exists whenever I post about a significant trade or reveal an entry point that gave me enormous profits.
Unsurprisingly, crypto traders –beginners– always want to replicate trades from an expert they have been following. However, some expert traders frequently disclose trading outcomes produced by a trading bot to attract newcomers, either to develop their followership or to explore the weakness of the newbies.
Interestingly, I get a lot of messages from traders asking whether I have a trading group they can join, a trading manual they can buy, or any helpful information they can use to imitate my trading tactics and make money. Frankly, this became a recurring pattern, as my post's comment section and DMs are filled with requests for my trading strategies. As a result, I decided to create a step-by-step manual on my trading ideas and tactics and how an absolute beginner can use and understand my trading strategies without help.
One would expect the trading manual to sell out immediately despite repeated requests to expose my trading methods. Unfortunately, it was challenging to convince people to make purchases. Nevertheless, it was a vital circumstance that took away my trading time, and I was focused on promoting the handbook. In addition, I used a variety of marketing strategies to spread the word about the manual. Still, despite my efforts, the handbook's sales to marketing expenditure ratio are not equal.
So, I decided to stop concentrating on selling the manual and instead turn my attention back to trading. However, when I returned to posting about my trading results, several of the same comments about how they might replicate my trades and make money resurfaced. At this point, I realized what needed to be done. People want a sense of belonging where they can discuss, share ideas, and learn about various trading terms and strategies. After all, the success of cryptocurrencies depends on the development of communities.
Building A Trading Community
Communities have contributed to the crypto industry's development, evolution, and adoption since blockchain technology and cryptocurrency emerged.
As a result, I decided to start a trading community where traders, especially newcomers, may duplicate my trading tactics, share their experiences, and feel included. The group also acts as a forum for discussing various crypto projects and exchanging ideas with people worldwide. However, the group is primarily for social trading, with everyone using my trading signals and tactics to execute their trades.
Indeed, in my crypto experience, I know that creating a community involves more than just bringing individuals together. Especially a group that is dedicated to beginners, where they can hone their trading skills while earning at the same time. However, unlike other crypto communities, my trading group was not formed to promote a project or raise funds; instead, it was created to compete against the market while developing more crypto traders.
As a result, I wanted a platform for my trading group where there could be regular communication between the participants and the team of experienced traders who would be analyzing trades.
Knowing this and using my experience, I need an instant messaging platform that enables me to interact with the group directly and charge for access. Considering I need to monetize the group, Discord was the ideal platform for me since it allows multiple channels within a server. In addition, I do not have to constantly monitor the server because of having an automated system designed to manage the server without lapses.
Monetizing The Discord Trading Community
Discord is a real-time chat application that supports text, video, and voice communication. Unlike other social networks, Discord is structured into groups composed of numerous smaller communities. Each Discord community is referred to as a server and may have several channels. As a result, I set up multiple channels on the server for diverse purposes. Such as #Ask-us-anything, #Market-chat, #Trading-signal, #Trading-analysis, #General-chat, #About-us, and so on.
Monetizing the community didn't require extra effort. Discord provides a subscription service that allows traders to access trading information only available to server subscribers, allowing me to monetize my signals. As a result, participants who have subscribed to the service will have access to the server according to their subscription package. Interestingly, because Discord is an open-source platform with API access, I was able to integrate different apps to automate tasks within the community using the Cwallet subscription bot.
The Cwallet Subscription Bot allows me to build different membership tiers with an optional free trial that enables community members to enjoy free trades before choosing their preferred packages. Furthermore, the bot administers the community automatically, urging free trial members to activate subscription tiers and removing members who do not start a subscription.
For example, my server offers three subscription tiers: VIP, VVIP, and Platinum. Discord makes it possible for me to manage the trading contents of all three packages without having to constantly monitor the server.
The Cwallet bot also allows me to receive payments from participants directly in cryptocurrency, eliminating the need for me to manually validate the subscription. In addition, the Cwallet bot is entirely automated; all I had to do was instruct it on what to do.
Why the Cwallet Bot Is Unique
I do not have to pay any transaction fee to receive payments, and payments are made directly into my crypto wallet, where deposits and withdrawals are free! Furthermore, the bot maintains the channel payment automatically, alerting subscribers of payment due dates and removing defaulting subscribers.
The Cwallet Subscription Bot assisted me in achieving my trading community goals while monetizing my trading strategies. Using the Cwallet bot to monetize my community and participation is a no-brainer.
You can't go wrong with employing the Cwallet subscription bot to easily monetize your community, as it enhances community growth while saving you time and energy. You now understand how to use Cwallet to monetize any community on Discord.
All you have to do is follow the simple step-by-step approach for setting up the subscription bot and modify it as much as you want.
You can also read more and set up a group server manager with Cwallet to provide your community with the highest level of involvement and growth.
Cwallet does not charge any deposits, withdrawals, and token swap fees. Therefore, using this wallet is absolutely FREE!
So, what are you waiting for? Download the Cwallet NOW.