#FollowTheLeadTrader
Following professional traders is a popular approach in the cryptocurrency market, where beginners seek to leverage their analyses and experiences to make more informed investment decisions. For example, when trading currency pairs.
For instance, when trading on 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 complete strategies, blindly mimicking them could lead to losses. Their entries may be based on complex technical analysis or undisclosed information.