Continuing with last week’s copy trend, here are five intriguing examples of cloning the world saw throughout 2018 and likely to continue throughout 2019.
#01: An anonymous Instagram account is calling out the art world’s copycats
Instagram account @whos____who has gained 15.4k followers comparing pieces of art, sparking conversation about appropriation and plagiarism. The captionless posts aim to highlight similarities between iconic artwork, while its subversive and playful nature draw attention to creative trends and tropes.
#02: Bitcoin has over 2,000 copycat cryptos
2018 marked the 10-year anniversary of the world’s first digital currency. Since the moment Satoshi Nakamoto, the mysterious founder of bitcoin, released the whitepaper outlining the need for digital cash systems, bitcoin has gone from being a fad to making millions for early investors. Now that bitcoin is widely touted as the future solution for a cashless society, there are hundreds of altcoins trying to ride the crypto trend and piggyback on Bitcoin’s success. Some of these copycat cryptocurrencies, such as litecoin, ethereum and XRP, have gained significant popularity. According to coinmarketcap.com, in 2018, copycat digital currencies were worth nearly $1 trillion dollars.
#03: Fast-fashion retailers copy designs seen on the runway
So, here’s how it goes – you’re a pirate and a person with no scruples if you’re streaming a movie online, but fast-fashion retailers like Zara or Forever 21 are copying designs seen on the runway. Weeks after hitting the runway, almost identical versions of luxury designs make their way into these retailers’ stores. One of the biggest trends this year is copy fashion. By giving consumers access to on-trend, runway designs at much cheaper prices, fast-fashion retailer Zara has quickly become one of the biggest players in the industry. And shoppers are not complaining.
#04: Copy a portfolio
With Smart Portfolios you can invest in a portfolio that bundles together stocks, commodities or ETFs under one chosen market strategy. Smart Portfolios aim to minimise long-term risk and promote opportunities for growth, making online trading and investing accessible to everyone. Best of all, it’s professionally managed by eToro’s investment committee and each portfolio is analysed and rebalanced to maximise its gain potential.
Your capital is at risk.
#05: Neymar inspires a hilarious copycat trend known as ‘the Neymar challenge’
The Russia 2018 World Cup will be remembered as Neymar’s best performance year. In response to the striker’s extravagant reactions to tackles, football fans across the world have decided to chip in with their own impressions of an injured Neymar, kicking off a hilarious copycat trend – the Neymar challenge. Even animals didn’t miss the chance to indulge in some theatrics.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDS.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Cryptoassets are volatile instruments which can fluctuate widely in price and are, therefore, not appropriate for all investors. Trading cryptoassets is not supervised by any EU regulatory framework. This is not investment advice. Your capital is at risk.