Learning is better than Following

[Granxis]

It is influential to make mistakes on our own, because if we make the mistake, we will only be upset and learn something however, making someone else's mistake can be humiliating, furthermore you may not be able to forgive yourself. I'm making a mistake and I don't repeat that mistake a second time, but following other people can cause us to make mistakes more than once.

[conected]

Learning still the best rather than following, this is true and correct. I never depend my profit into someone success or way.
I knew that through my experience I can discover or learn something from it. And this was already proven and tested to the majority
of the community here actually.

- Knowledge is an important foundation but everyone's life is busier than you think, if you are a young person you will have time to learn but if you are already middle-aged, learning may really have become difficult, even with an effort, your brain still can't work at full capacity, following is probably the more appropriate choice for this age group. Because you've had life experience, your perspectives on the market and other people's speculations will be deeper, learning is only better when you are able to absorb, otherwise, following the path of a successful person is not a bad idea.

[Oceat]

Learning still the best rather than following, this is true and correct. I never depend my profit into someone success or way.
I knew that through my experience I can discover or learn something from it. And this was already proven and tested to the majority
of the community here actually.

- Knowledge is an important foundation but everyone's life is busier than you think, if you are a young person you will have time to learn but if you are already middle-aged, learning may really have become difficult, even with an effort, your brain still can't work at full capacity, following is probably the more appropriate choice for this age group. Because you've had life experience, your perspectives on the market and other people's speculations will be deeper, learning is only better when you are able to absorb, otherwise, following the path of a successful person is not a bad idea.

I think you have some point although not all people are like of what you think they are even if they were a middle-aged person. Some of us will have a different priority in life so if someone's choosing to be a hard worker it's their choice while others choose to do full time job and others choose to do full time traders. We all have our own choices so what you choose is not a bad choice it's just that we all have different priorities and choices in life.

Following someone is not bad but you can't move up if you keep following someone ahead of you. Try to invest time and dedication to learn from reading different books and various strategies to try and practice while learning how to do it right. It may not be a total success but the more you learn the more you will most likely to succeed in life.

[bitzizzix]

Learning still the best rather than following, this is true and correct. I never depend my profit into someone success or way.
I knew that through my experience I can discover or learn something from it. And this was already proven and tested to the majority
of the community here actually.

- Knowledge is an important foundation but everyone's life is busier than you think, if you are a young person you will have time to learn but if you are already middle-aged, learning may really have become difficult, even with an effort, your brain still can't work at full capacity, following is probably the more appropriate choice for this age group. Because you've had life experience, your perspectives on the market and other people's speculations will be deeper, learning is only better when you are able to absorb, otherwise, following the path of a successful person is not a bad idea.

I think you have some point although not all people are like of what you think they are even if they were a middle-aged person. Some of us will have a different priority in life so if someone's choosing to be a hard worker it's their choice while others choose to do full time job and others choose to do full time traders. We all have our own choices so what you choose is not a bad choice it's just that we all have different priorities and choices in life.

Following someone is not bad but you can't move up if you keep following someone ahead of you. Try to invest time and dedication to learn from reading different books and various strategies to try and practice while learning how to do it right. It may not be a total success but the more you learn the more you will most likely to succeed in life.

You are right, but this choice must be supported by the abilities and expertise that are already within you, learn everything to determine your abilities, you will judge and make choices according to your heart and abilities that are easy to fahamin and do.
Follow the person if they are expert and reliable why not, but that doesn't mean you have to stick with that person and you have to learn from other things and find the relevant information you need and keep learning until you are great.

[Peanutswar]

I said that before I was a follower on the investment of other people actually my circle of friends are the one who really knows about the cryptocurrency especially the coin that we love which is the bitcoin, i just follow some of their guess and statements but after having a bad time and losing most of my funds I decided to why not make a move on my self that time I learn from the forum, reading a lot of books related in cryptocurrency, and watching some videos about the world of cryptocurrency and right now because of that information I've got I already make my own path and earning towards on my own without getting dependent on other people its good if we learn from the mistakes we have stop being a follower, if you cant make the same way like their path, create your own path.

[XCANA]

Learning is more better than following with some point here:
(1) good investor : Through learning you can become a good investor that will remain in profit making in the market without any challenge in your trade. It hard good investors to invest in the hands of scammers because they always learnt all the system scammers are using in the market.
(2) knowledge : Through learning someone can be impact on how to become a professional trader that will never experience failure in his investment.
(3) Time: Through the learning process, someone can fulling understand and get master to the right time to buy coins or sell coins in the market.

[justdimin]

It's a fact that you need to continuously learn how to trade, New things are spicing up the trading community and different types of trading are showing up. Honestly, I temporarily quit crypto and trading way back in 2018 when the big bear run happened. When I came back and tried trading again, I was very confused about my losses because the same strategy and habits that I used before are what I am applying but I keep losing. I figured out that I need to relearn or review how to trade again and futures trading that time is new for me so it is not a waste of time studying trading again.

Finding some new things would be hard, because it is difficult to invent something new that would make trading better, however learning new things is a must, someone else could find some new method and you may fail to ever find a new method but you can master his method instead, that would be awesome?

We are talking about trading here, compare how people traded 10 years ago, 20 years ago, 30 years ago and further back and you will realize how "general" trading was and how niche it got now, you will see that trading became more pin point work and many people know how trading works in a great way as well, that is because people work to find how to trade better and if you keep learning those new ways constantly and if you keep getting better and better, you will realize how awesome you can get as well, this is why learning never stops no matter what you are dealing with.

[SacriFries11]

It's not bad at all if you're following someone in the beginning of your journey, but also learn how the trade happens is the best thing you should do. Take some notes in every important thing that happen it that trade and learn how to apply with the same situation that you encounter before. It's all up to you if you still following and copying trades of someone, but also know that you cannot blame someone if you lose your money. In the long term, you can use the learning you have to make your own chart and technical analysis without copying or depending on someone. In the future, you might earn more from your own trading strategies.

[darewaller]

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.

I learned the same from what recently happened with doge coins, when Elon Musk tweeted about it, people got crazy and followed him and continued to buy more and more and ultimately they had to face loss as the price dipped by a significant value. I think it was around 8-9 cents and dropped to 5 cents. So don't follow someone blindly, rather think and then decide.

That's right OP, Learning is better than following. If someone is knowledgeable, just get knowledge from him but don't follow what he did. Make your own strategy and learn by yourself, don't rely on others, because you don't know if they bring you in a good direction which is making you grow and earn profit or in a wrong path to gain losses. Experience is always the best teaching method you can use rather than following others specially in investing and trading.

And following someone sets a limit to your expectations and growth. There are possibilities beyond expectations and we only need to be ourselves to explore the best possibilities out there.

[dunfida]

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 get a better future journey than following someone's journey.

If you guys think I am right then comment something positive. which will motivate me that someone gets something from my knowledge. Or if you think I am wrong somehow then please suggest to me how I can be on the right road. Thank you

I think you are right. Those who are new will also learn a lot by reading this post. There is no way without learning in any sector. Following is not a solution and there will be no better output. As usual, we have to read various books, blogs, magazines, and journals. Knowledge will increase as you read. So keep learning and waiting for something better.

Not only just on reading but also executing it on gradual phase because those things not to be applied on actual trades wont really change anything and you wont really be gaining experience on that one.
Reading up something will really be adding up into your own knowledge and gaining experience through actual engagement which is a must. Learning into something does really need sufficient time and
effort into someone because you wont really be learning something if you do just simply follow on someones tails without tending to make up some self-learn.You would really be not thinking serious
on dealing with things when you do have in mind that you are following someone which is already enough for you to make money but the truth is that this isnt really ideal after all.

[Smartvirus]

its just that you shouldnt really depend on it fully.

This is where it gets really bad. I don't exactly despises following because, following could also be learning. A good follower is expected to be a good leader or master someday so, following isn't exactly bad but the way you go about following could be. When you follow in a way that you follow blindly, not getting to know the reason for which you are following a particular trend or why it's expected to move that way.
Having to follow and ask questions won't be you following blindly but, it gives you an idea about why certain things is expected or happens the way they do in the market and you are able to build your base and confidence around those reasons. This is how following could be learning so, when you follow, learn a thing or two about it.

[cheezcarls]

I think there is nothing wrong when it comes to following. Although that not all of the tips coming from the one you follow are perfect, but you could still learn from it though. I do agree that learning on our own is still way better because it will make us more valuable and productive than ever in crypto trading.

[Yatsan]

Well, it is really better to learn it by yourself so that you will not be always dependent on others but following into what others do is also some sort of learning strategy for you are familiarizing what the others do and you are carrying out the idea and apply it on yourself. If you see that what others did will not be suitable for your case, then that is the time you are altering the ways they do and make some sort of changes and that makes you realize things can be done all by yourself. Nothing is wrong on following as long as you do know whether it is the right thing to be done or not.

[sayaya17]

I agree with what you say, in investing and trading in crypto it is best to do research on your own abilities not because of following others. Doing research and learning about charts will be very troublesome and takes time that, but of course, someone who wants to learn, will reap better and smarter results, compared to people who have always been followers. But sometimes being a follower can bring good luck, if it follows the right person to guide us. As was the case recently in Elon Musk's tweet, which turned out to bring good luck to those who followed him.

[imstillthebest]

whatever happens to you it will be your own problem not by the person you are following because they did not force you to follow them .
 all of us do want to follow a succesful trader but lets be realistic and accept that there are bad trades that they made resulting for us to loose too but its our choice to stop following them if this looses continue to happen consistently .
we can pick another trader to follow or we can choose to learn to become a good trader on our own

[Kasabus]

Maybe this is the right way...Following is a better way of Learning.
Why we use to watch on Youtube and any trading tutorials is that because we wanted to learn more. We use to watch someone who makes trade and get some ideas out from what they do. This is very important when we start in trading, we can't start with an empty brain, it is certainly be needing someone who guides us and from that, we are able to make our own trading decisions.

[MiningBattalion]

Maybe this is the right way...Following is a better way of Learning.
Why we use to watch on Youtube and any trading tutorials is that because we wanted to learn more. We use to watch someone who makes trade and get some ideas out from what they do. This is very important when we start in trading, we can't start with an empty brain, it is certainly be needing someone who guides us and from that, we are able to make our own trading decisions.

Bitcoin was developed in 2009 as both a payment network and a currency. Think of the payment network as PayPal and the currency as the US dollar. Anyone can own US dollars, and if they know how to invest the money, nothing can stop them. Similar rules apply to Bitcoin. The cryptocurrency was developed to be a decentralized currency not controlled by governments or anyone. If you have ever purchased any product online, you can purchase the required Bitcoin mining hardware. Most of the products come with instructions on how to set them up. A good Bitcoin miner can earn you Bitcoins worth more than $100 every month for nearly two years.

[justdimin]

its just that you shouldnt really depend on it fully.

This is where it gets really bad. I don't exactly despises following because, following could also be learning. A good follower is expected to be a good leader or master someday so, following isn't exactly bad but the way you go about following could be. When you follow in a way that you follow blindly, not getting to know the reason for which you are following a particular trend or why it's expected to move that way.
Having to follow and ask questions won't be you following blindly but, it gives you an idea about why certain things is expected or happens the way they do in the market and you are able to build your base and confidence around those reasons. This is how following could be learning so, when you follow, learn a thing or two about it.

Learning while following, asking questions to get better at it, is the main way to make money. I have a "mentor" of sorts in crypto trading as well, but I am learning from him, I have learned many things before but I have seen someone who made a lot of money during 2018 bear season so I am in constant chat with him and take his advises by heart and try to see where he is coming from.

Basically I am at a point where I can make my decisions, I was like that way before I met him as well but I have learned many things from him and now I can make decisions just like him, because I know what he will feel like when he sees a coin, if he will like it or not, how he will approach it and so forth, which is why I think it is important to follow someone but also ask questions and learn how he approaches things. If he is really good, he would help you as well.

[JooBra]

Maybe this is the right way...Following is a better way of Learning.
Why we use to watch on Youtube and any trading tutorials is that because we wanted to learn more. We use to watch someone who makes trade and get some ideas out from what they do. This is very important when we start in trading, we can't start with an empty brain, it is certainly be needing someone who guides us and from that, we are able to make our own trading decisions.

Bitcoin was developed in 2009 as both a payment network and a currency. Think of the payment network as PayPal and the currency as the US dollar. Anyone can own US dollars, and if they know how to invest the money, nothing can stop them. Similar rules apply to Bitcoin. The cryptocurrency was developed to be a decentralized currency not controlled by governments or anyone. If you have ever purchased any product online, you can purchase the required Bitcoin mining hardware. Most of the products come with instructions on how to set them up. A good Bitcoin miner can earn you Bitcoins worth more than $100 every month for nearly two years.

Before you invest in something you need to do se research to know where are you investing your money. Usually people watch and follow some youtubers as they learn in the process. It is nothing bad in following if at the end you made your own final decisions.

[lalabotax]

Make it simple. If we are only following someone, he or she may be successful, but we are not sure to be successful. In following, if she or he is losing their money, in fact, you are also, will lose your money.
This will differ if you are not only following but also learning. SO following is only to know the other considerations to take, to know other's opinion and also analysis in order to take your own decision.