Following professional traders is a popular approach in the cryptocurrency market, where beginners turn to benefit from their analyses and experiences to make more informed investment decisions. For example, when trading currency pairs.
For example, 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 knowing their true reasons or complete strategy, blindly copying them could lead to losses. Their entries might be based on complex technical analysis or undisclosed information.