Learning is better than Following

[goldade]

Hello everyone, i hope you guys are really well and taking a handsome amout of profit from this huge bullish market. Today i will talk about something different. I think my this suggestion will help you alot for your future. Actually I think we can't make profit after a time in crypto. Why? Answer is simple because we are following someone blindly and also without learning. Just think if we depend someone to invest our money is it right? No, never. Well we can follow someone's to take suggestion, or gaining knowledge or problem solution strategy.  This could be bring us a better future. But if we follow someone all the time then just think if you fall in some trouble but he i is now not available to solve your problem then what will you do. When he available you are already  in big loss. Is it Will  be your journey?  No, Not. Then what should i do?  Simple, Learn to follow Your self, learn to fix problem,  learn to find new problem then fix it. Try to discussed Everytime with expert to gain knowledge not to take suggestion where coin i should invest now, tell him to help you to understand graphs, technical analysis. How we have to deal with price chart? If you can learn from them, then you can be get a better future journey than a following someone's journey.

If you guys think i am right then comment something posetive. which will motivate me that someone get something from my knowledge. Or if you think i am wrong somehow then please suggest me how i can be in right road. Thank you

You're absolutely right. A lot of folks follow blindly the steps of others without taking the time to learn how those people make their decisions concerning trading.
Personally, I have no issue with the idea of copy-trading. Copy trading is actually a good way to make money trading without having the necessary skills and knowledge required for trading. It becomes a problem when the folks practicing copy-trading do not have any desire or make any attempt to learn how to actually trade
I believe the best thing to do is to actually learn how to trade by taking the time out to gather the necessary skills and knowledge

[kawetsriyanto]

Following has become a trend in this crypto world, moreover it is following a public figure or even someone popular, rich, and also big. However, this is not good at all, moreover, it is about investing and trading in the crypto world.
I do agree with you where we need to learn at first, learn more than only following

[Johnyz]

Following has become a trend in this crypto world, moreover it is following a public figure or even someone popular, rich, and also big. However, this is not good at all, moreover, it is about investing and trading in the crypto world.
I do agree with you where we need to learn at first, learn more than only following

Most of the people are thinking to make money easily and that’s why they always follow someone else, most of them succeed in short term but later on, if they continue to follow I’m sure that they’ll lose money. Having the right knowledge is very powerful, we must not skip from learning and we must be more willing to sacrifice our personal time just to learn things that are more important.

[MCobian]

Many people experience losses when trading, usually following other people's trading signals. Even though this must be avoided, if we want
to become successful traders. Must learn about trading, so do not depend on other people's signals when trading. Therefore, don't be lazy to
learn how to analyze the market, if we can analyze the market well. Should be able to determine the buying / selling price. That way it will
usually be easier to make profit from trading, if we can analyze price movements in the market correctly.

[Distinctin]

^ That is definitely right for me.
Why you will follow other opinions if you can decide from your own. Remember that in trading experience is the best teacher after all. Once you encounter failure, just try to make sure that it will not happen next. Following other's opinions for me is a kind of cheat because you copied or stolen the idea from others for your own benefit. Nevertheless, this is a case to case basin only,

When I got into trading, I decided to take the risk alone but this is really hard. That is why I'd ask someone who is mean to be an expert or just have knowledge about trading. He is a friend of mine and I think there is no problem with that but if you are talking to someone not known to you, that might never work.

A reason why some people (just like me) doing this is to learn more. Will Youtube is enough but much more detailed if someone will teach you personally but this doesn't mean that we have to rely on them always. We must have to stand our own feet also.

[wxa7115]

Read how the pros do it and do what they're doing on test accounts with test balances. This is how I learned how to trade back then, though I am not an expert when it comes to making profit or getting the right calls 100% of the time. I still make some wrong decisions for my trades but I know how to minimize the losses and what to do on a bad call to prevent them from happening again and again.

Reading how to do it is one way, but applying it firsthand is another.

Without a doubt testing your strategy is critical even if you are not using real money as this will give you a better idea of how trades take place and the mental process you have to go through, however despite all of this is still not the same, you are not going to feel the same pressure that you feel when it comes to real money.

Most people are trading with amounts of money that are significant to them, which means they do not want to lose, and closing a trade when you are losing money is really hard but it has to be done, but many people fail to do so since they are hoping the market recovers and while sometimes they are going to be right the moment they are not the losses they will accumulate will be massive to the point it is impossible to recover from them.

[abel1337]

The highest percentage of crypto traders are noob and panic buyers/sellers. They buy bitcoin at 58K and then sell at 50K. They bought at 58K because after looking on it for a long time, they analyzed that this coin rises and could double their capital but they realize it very late. Then, once they buy on peak and price starts to decline, they think: OMG, I'm losing my money, I have to sell these coins immediately and get the money back until it's late. Then the price goes up, then their money is F*ed up and that's all. In trading, there are endless rise and falls.

A common way for new traders to react in the market, Those who don't know the psychology of trading will react the same and panic every time the market put up a big move. People who just got into the crypto market because of the hype were mostly on a loss because of panic selling, I've known some in real life  and I don't know why do they don't learn from their experience in the last 2017 bull run which happened that the reason their losses is rushing things up and panicking on the given scenario.

[el kaka22]

I personally feel like learning is something that never stops, so you could start whenever you want because even if you study for 3 years, that doesn't mean that at the end you are not going to have to stop learning and just keep trading for 20+ years with that knowledge, you will have to keep grinding no matter how great you are, even if you work 20 years on it that doesn't mean you can stop.

This is why I believe you can start trading today right away without learning anything, and then while trading keep on learning as well, that is just how it should be like. Obviously it is not really ideal to start right away but you understand what I mean, it is not about when to start or when to learn, that is what I mean, it is about how you keep learning more and more and more all the time. Never trade and just make profit and think you are fine because you are not, the money you make right now could be your loss tomorrow if you do not keep learning.

[MIner1448]

I agree with you, you need to make a decision on your own about your investments, now there are a lot of stuffing in social networks, YouTube, and so on. It is always necessary to conduct a deep analysis before entering a deal or investing your money in a project, you do not need to be based on any one opinion.

[ubercool]

Following will never let you grow after a certain amount of time. It's only good when you don't know anything about the concept and want to learn. Once you are done with the basics, it's probably best to study yourself and make it on your own. Make mistakes, learn from them, don't ever make the same mistake again, there are always better ways to do something. You just have to keep the patience to find it and do it.

[AicecreaME]

I think the better saying would be "Learning while following is much better". In order to be good in something, you must need a teacher, a pro, or anyone that will guide you to build yourself up to be good at something. Following a professional trader will result to a good profit, also, you must be learning while doing so because if not, then you're not growing, that's purely parasitic instinct.

A good teacher is a good inspiration to do things much better, so you could surpass them one day and make them proud as your teacher.

[FIFA worldcup]

Hello everyone, i hope you guys are really well and taking a handsome amout of profit from this huge bullish market. Today i will talk about something different. I think my this suggestion will help you alot for your future. Actually I think we can't make profit after a time in crypto. Why? Answer is simple because we are following someone blindly and also without learning. Just think if we depend someone to invest our money is it right? No, never. Well we can follow someone's to take suggestion, or gaining knowledge or problem solution strategy.  This could be bring us a better future. But if we follow someone all the time then just think if you fall in some trouble but he i is now not available to solve your problem then what will you do. When he available you are already  in big loss. Is it Will  be your journey?  No, Not. Then what should i do?  Simple, Learn to follow Your self, learn to fix problem,  learn to find new problem then fix it. Try to discussed Everytime with expert to gain knowledge not to take suggestion where coin i should invest now, tell him to help you to understand graphs, technical analysis. How we have to deal with price chart? If you can learn from them, then you can be get a better future journey than a following someone's journey.

If you guys think i am right then comment something posetive. which will motivate me that someone get something from my knowledge. Or if you think i am wrong somehow then please suggest me how i can be in right road. Thank you

The perfect example for this can be the trading signals group which people join to get paid signals. If you learn the technical analysis you will not have to follow these groups to get signals and also you can preform better trading. This implies to all field of life, if you want to achieve something try to learn it and  stop dependent upon other.

[michellee]

If we follow someone blindly and without learning, it will no need to wait for a long time to see we will not be able to make money because we can not get what they teach us. We can follow that person, but we must learn by ourselves, so we have a chance to understand what that person means, and the important is we can have the opportunity to make a profit. You can search for the other lesson from other people to add additional information that will help you and increase your trading skills.

[darewaller]

Following will never let you grow after a certain amount of time. It's only good when you don't know anything about the concept and want to learn. Once you are done with the basics, it's probably best to study yourself and make it on your own. Make mistakes, learn from them, don't ever make the same mistake again, there are always better ways to do something. You just have to keep the patience to find it and do it.

That type of "cap" is the reason why people do not grow too big, normally if you are learning there is always room for growth, you could be a great trader and one day can see something you have never seen before, it is just that type of deal, but when we are talking about just following others there is a room for growth but that is limited and like you said after a while you do not keep growing, because you are not learning anything.

I am not 100% against following others, if you really find someone who is good, and they do help you, and after 6 months everything looks great, you should probably keep following them, you will know if they are a person to follow or not sooner than 6 months so if there is no problem by that time, you should probably feel comfortable about it. Which is why I think it is quite important that we end up with someone we trust if we want to follow, or just learn ourselves.

[Julien_Olynpic]

The author is absolutely right. We must learn and not follow someone's advice. When we just follow the recommendations, we stop developing. And developing a trader involves a process of trial and error. Yes, we must make mistakes sometimes in order to progress. In addition, the one who simply copies other people's transactions may not always be as profitable as the one he is copying. It's all about liquidity and slippage.

[justdimin]

If we follow someone blindly and without learning, it will no need to wait for a long time to see we will not be able to make money because we can not get what they teach us. We can follow that person, but we must learn by ourselves, so we have a chance to understand what that person means, and the important is we can have the opportunity to make a profit. You can search for the other lesson from other people to add additional information that will help you and increase your trading skills.

No doubt, learning is the only key to success in trading. Those who are able to learn faster are more profitable and take less time while people who make the same mistake multiple times, expecting different results, will take more time and money to learn and move on.

Following others is a great idea actually if you can inherit the good characteristics of the person who I believe is successful and implement some or all of them into your own trading. The problem is that some people follow others but rather than learning they are kind of fans, like actors have their fans who can learn nothing but they just follow them.

Follow someone to learn something, otherwise just avoid following anyone and make your own mistakes to learn from them.

[jasonjm]

Learning is always better than blind following. By learning, you will get to know the different strategies used in crypto market or in any other kind of investment. This will increase your chances of earning profit and rude risk significantly. On the contrary, blindly following an influencer for investment purpose might get you into trouble of losing your investment because you are not doing any background search on the product you are investing in, and you are not learning anything as well.

[Golftech]

The author is absolutely right. We must learn and not follow someone's advice. When we just follow the recommendations, we stop developing. And developing a trader involves a process of trial and error. Yes, we must make mistakes sometimes in order to progress. In addition, the one who simply copies other people's transactions may not always be as profitable as the one he is copying. It's all about liquidity and slippage.

The disadvantage of a copier is when the market crashed, the one he's copying are capable

of selling and cutting their losses, as knowledge about the market condition gives them the

opportunity to adjust, while those who are just copying, the chance of being left behind

is always there, quick market movement kills your position and burned your investment.

[sana54210]

learning is the only key to success in trading. Those who are able to learn faster are more profitable and take less time while people who make the same mistake multiple times, expecting different results, will take more time and money to learn and move on.

Following others is a great idea actually if you can inherit the good characteristics of the person who I believe is successful and implement some or all of them into your own trading. The problem is that some people follow others but rather than learning they are kind of fans, like actors have their fans who can learn nothing but they just follow them.

Follow someone to learn something, otherwise just avoid following anyone and make your own mistakes to learn from them.

Following someone to learn is actually a good idea, most people suggest others to read books, watch youtube videos and so forth, that is why I think those people fail, because it is always a person learning from "something" and not someone. I believe if you actually have a mentor like person, or a tutor or whatever where they will basically teach you how to trade and not help you trade, that would be better. Why having someone teaching you how to trade instead of actually helping you trade would be better?

Because if you actually learn how to trade from that person, you could use that forever, if you do not learn it and just follow them that would make you stop as soon as they stop, whereas if you learned about it that would mean that even if they leave you would still have a chance to keep trading with the things you have learned (if you learned enough).

[Mahanton]

The author is absolutely right. We must learn and not follow someone's advice. When we just follow the recommendations, we stop developing. And developing a trader involves a process of trial and error. Yes, we must make mistakes sometimes in order to progress. In addition, the one who simply copies other people's transactions may not always be as profitable as the one he is copying. It's all about liquidity and slippage.

The disadvantage of a copier is when the market crashed, the one he's copying are capable

of selling and cutting their losses, as knowledge about the market condition gives them the

opportunity to adjust, while those who are just copying, the chance of being left behind

is always there, quick market movement kills your position and burned your investment.

It depends though on how that copier to be that fast on following into someone, if he's that active then he wont be falling behind
but if not then he  would really be missing out  that part which would really be resulting into loss.There's so much gap when it comes to skills and knowledge into someone
who do make their own trades compared to those who are simply copying others moves.Learning for yourself is much more worth because you would really be that
confident on what you should gonna do rather than on copy others analysis just because you are just lazy to learn up everything.