Following experienced traders does not mean you have become an expert just by looking at their information, as they often keep part of their strategies to themselves. Therefore, do not be deceived by the excessive enthusiasm for information that may be used to liquidate their profits at your expense! Always be cautious, research for yourself, and do not get carried away by motivational words or greed.

At the same time, following professional traders is considered a common approach in the cryptocurrency market, where beginners resort to leveraging their analyses and experiences to make more informed investment decisions. For example, when trading on 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. But without knowing their true reasons or complete strategies, blindly copying them may lead to losses. Their entries may be based on complex technical analysis or undisclosed information.

Therefore, it is better to use their movements as a reference, not as a literal execution plan. Combine their analysis with your own, study technical indicators, and analyze support and resistance levels to make your investment decision with confidence and awareness.

In the end, be the smart trader, not just a follower.

Combine their analysis with your own, study technical indicators, and analyze support and resistance levels to make your decision.