Following experienced traders does not mean you have become an expert just by looking at their information. They often keep part of their strategies to themselves. So, do not be deceived by the excessive excitement of information that may be used to offload their profits at your expense! Always be cautious, research on your own, and do not get carried away by motivating words or greed.

At the same time, following professional traders is a popular approach in the cryptocurrency market, where beginners aim to benefit from their analyses and experiences to make more informed investment decisions. For example, when trading currency pairs.

For instance, when trading currency pairs like BTC/USDT or ETH/USDT, you may notice that some professional traders open buy or sell positions at very precise timings. However, without understanding their true reasons or full strategy, blindly mimicking them may lead to losses. Their entries may be based on complex technical analysis or undisclosed information.

Therefore, it is best to use their movements as a reference, not as a literal execution plan. Combine their analysis with your own, study technical indicators and support and resistance areas, to make your investment decision confidently and consciously.