Do not completely trust your mentors.

[Tetu100]

So do not completely trust your mentors that you ignore research, especially mentors that have no personal relationship with you.

On a normal ground even if is not about mentorship in bitcoin related case, making personal research is alway crucial. You don't have to based your facts or trust on someone else findings, you get find it out yourself for proper confirmation. Over the years many people has been a victim of such act, they beleive so much in what they're being told even more than their own self which is bad, nobody can do it better than ourselves.

For sure, I understand that in the business there're upper hands, there are Ogs, people's that matters, people's that were there before you, yeah no doubt but it's more in our own personal advantage when we sort out things or informations by ourselves.

[Halifat]

If a mentor gives an advice or knowledge, it's best you verify that knowledge. Just swallowing it without asking questions shows that you too can't do your research on your own. Mentors can make mistakes doesn't mean they are very horrible in information giving. I am just saying this as a human that can unknowingly make mistake. I know your mentors have years of experience but still, verify any claims. I too make small research even though I can't make enormous research on something, but at least I put that effort to search.

I with the saying Don't trust but verify, you don't have to trust everything from the mouth or table of your mentor you should also have your own research ability while relying on him for some pieces of information. Don't depend on him much, always know when to turn a piece of information into a question even if you can't get the best answer from your mentor at least it will give you a clue on which area to search on.

Relying on mental completely is still not the best if you didn't use your ability to make research for yourself, mental is very important but you should also make some efforts in getting more knowledge about what you are about to do, mental cannot give you everything and that is why is better you also set a time for yourself to get to know it by yourself and that also will help you to get it quickly if mentor is giving you the details.

[MainIbem]

Relying on mental completely is still not the best if you didn't use your ability to make research for yourself, mental is very important but you should also make some efforts in getting more knowledge about what you are about to do, mental cannot give you everything and that is why is better you also set a time for yourself to get to know it by yourself and that also will help you to get it quickly if mentor is giving you the details.

A mentor can also be wrong so instead of just believing whatever anyone says about an investment, it's good to carry out a personal research to be sure that the information or advise about the investment is very legit, we’re humans afterall and a mentor can also make mistakes too, sometimes the investment might be legit but the strategy or method of investing a mentor is advising might be wrong. For instance Michael Saylor is a mentor of many investors, i don't expect people who see him as mentors to blindly sell their coins at lose if he ask them to.
 

[B-BossMan]

If a mentor gives an advice or knowledge, it's best you verify that knowledge. Just swallowing it without asking questions shows that you too can't do your research on your own. Mentors can make mistakes doesn't mean they are very horrible in information giving. I am just saying this as a human that can unknowingly make mistake. I know your mentors have years of experience but still, verify any claims. I too make small research even though I can't make enormous research on something, but at least I put that effort to search.

I with the saying Don't trust but verify, you don't have to trust everything from the mouth or table of your mentor you should also have your own research ability while relying on him for some pieces of information. Don't depend on him much, always know when to turn a piece of information into a question even if you can't get the best answer from your mentor at least it will give you a clue on which area to search on.

Relying on mental completely is still not the best if you didn't use your ability to make research for yourself, mental is very important but you should also make some efforts in getting more knowledge about what you are about to do, mental cannot give you everything and that is why is better you also set a time for yourself to get to know it by yourself and that also will help you to get it quickly if mentor is giving you the details.

It's true as a wiser individual to learn through or under someone as a mentor, but don't relaying on the mentor to make a decision for you. Because once they control all your decisions you may be falling into different traps and you can't challenge him for that, but the only thing is, acquiring all the advices, his past experiences both good and bad and learn a lessons from their mistakes is a good ideas, then when it comes to decisions making about market movements, then you have yourself to be blamed when things gone wrong. Know the risks and invest the money you can afford to lose. You mentor is only there to give you life experiences nit making a decision for your finance.

[MisFoxie]

Yes it is absolutely true that a mentor can teach us a lot of valuable experience but before following their recommendations we should definitely verify them when the risk is our own. I don't have a mentor but I think forum as my mentor, the most surprising thing is that almost everything I have learned from the forum is legit. Many times I have received wrong information but along with that many people have corrected those mistakes. For me the forum is a trusted mentor through which almost whatever I learn is legit I can learn something without any worry.

[I_Anime]

I was having a discussion yesterday with a person I consider more skilled in trading than I am and the purpose of my discussion was to learn a bit from his experience about his journey so far in cryptocurrency trading to at least gather some motivation from it. While discussing he was recommending some of the applications that he had used all through his trading journey to where he is now and then it hit me suddenly that most times different people are exposed to different applications and depending on whom you are learning something from, or asking a question, it is not just their approach that they teach you, but they also refer you to applications that they make use of. Now I am not saying all the applications they refer us to are bad, but it is important and very necessary that we do our own research about the applications we are referred to. A mentor may be referring us to an application that they have an affiliation with or will have some benefit from without even considering that that application is not the best out there for the purpose you want it for.
So do not completely trust your mentors that you ignore research, especially mentors that have no personal relationship with you.

This is quite common in the crypto space in a whole . Mostly those top influencers on X , some of them don’t even know what they’re selling to people, Aslong the project is ready to pay them they are ready to chill it. Putting their community at risk , because they are going to be the users of those projects. This how most shitcoins gain their hype , they are usually paid to shill that shitcoins to their various community without any concern that those they are pushing that project to can literally loss alot in the process of buying that same shitcoin. That’s why you have to make researching an habit because most of those influencers know nothing apart from how to promote shit projects .

[Itz-prisigold]

Yes it is absolutely true that a mentor can teach us a lot of valuable experience but before following their recommendations we should definitely verify them when the risk is our own. I don't have a mentor but I think forum as my mentor, the most surprising thing is that almost everything I have learned from the forum is legit. Many times I have received wrong information but along with that many people have corrected those mistakes. For me the forum is a trusted mentor through which almost whatever I learn is legit I can learn something without any worry.

I believe this is one of the positives thing of having a forum as your mentor.  You don't have to depend on one person's experience as other people can offer a different perspective or point out where something is wrong. Even if it is bad information which has been given, the subsequent discussion can help to reveal it.  I also love the fact that you can view different people's points of view before making your own decision.

But when it comes to having one person as a mentor it will be more difficult to receive open feedback,  since you might take their experience as the correct way to do things.

[rachael9385]

Most of these crypto influencers are leading people astray, they don't really have much knowledge but they just make people that are still new to it think that they are gurus. You can have mentors but it is important to make your own research and have your own ideas. Doing your research doesn't mean that you are not going to learn from someone but it makes you know more knowledgeable yo spot mistakes.

[Nasdel4]

Trust is key when it comes to mentorships and once it’s exploited for personal gains it becomes difficult to make headway. Some of this so called mentors and gurus make a living off their students, referring them to affiliate brands the have commissions from. When a mentor decides to make profit at the cost of his or her student then one can say threading with caution is the best alternative. My advice is to make sure you do your proper research before going to anyone for mentorship do not just take peoples word for it. When deals with someone who has a certain level of gain off your loses you need to make sure you pay attention to details before you get cut off guard.

[Supreme Donvic]

Most of these crypto influencers are leading people astray, they don't really have much knowledge but they just make people that are still new to it think that they are gurus. You can have mentors but it is important to make your own research and have your own ideas. Doing your research doesn't mean that you are not going to learn from someone but it makes you know more knowledgeable yo spot mistakes.

Person way dey go listen to crypto influencers no really know watin en dey do, all this crypto influencers just dey use some people head.
All this new cryptocurrency way just won scam people, them they use all this crypto influencers to make the crypto coin more popular so plenty people go invest or buy the crypto. Make una no dey listen to those crypto influencers na there pocket them dey fine.

Yes I agree with watin you talk, to get mentor no bad but as you get mentor try to dey do your own research so that you go know watin you won do very well.

[Taricoins]

That aside, OP there is something you need to understand literally almost no trader will teach you his strategy full time. Yes it's factual no one wants to share what they studied and understood over a prolonged space of a couple year for just a token of cash.

On the contrary, a mentor who has a personal relationship with you and is genuinely concerned for your progress will try as much as they can to make trading profitable for you in the shortest time possible.

It seems you are trying to cover a km distance using half the distance, no mentor will want to teach using a short period, if he really wants to share you the best knowledge. For those of us who have served and understood that knowing the basic is important, short ways are the reasons why most traders are not making profits and are losing consistently, all blame to Bitcoin. You choose the right mentor, learn the possible way without looking for short way of profits.

I think you miss the context of his post, he didn't say using a short cut, he was trying to say or mean learning trading faster and profitable  than how he [the mentor] learnt his. Personally I think the idea of making profitable trades takes time is a bit overracted and it doesn't always have to be that way. E depend on the particular knowledge of trade you get.

[casey15]

This is a very common practice. A lot of times on X when there are negative reviews about a trading company, most of the idolos there will still promote such companies to their followers and students because if the little commission they will earn from it.
I think it is a bad practice. Because some of the so called mentors are may not even be profitable, they just collect money for mentorship,collabs and commission from these companies, and they use the money to show fake lifestyle and lure unsuspecting beginners.
I think any financial company that have been known for bad service should not be promoted by such people because they can easy influence the decision of a large audience. 
The mentors are not always right

[Soldroplet]

This is a very common practice. A lot of times on X when there are negative reviews about a trading company, most of the idolos there will still promote such companies to their followers and students because if the little commission they will earn from it.
I think it is a bad practice. Because some of the so called mentors are may not even be profitable, they just collect money for mentorship,collabs and commission from these companies, and they use the money to show fake lifestyle and lure unsuspecting beginners.
I think any financial company that have been known for bad service should not be promoted by such people because they can easy influence the decision of a large audience. 
The mentors are not always right

I agree with you, no financial institution or trading platform should be promoted just for the sake of getting a commission. Because there are many new people who can be influenced by the words of a mentor. Especially if someone attracts people by showing stories of expensive cars, luxurious lifestyles and quick profits without showing their actual trading results, then beginners can easily make the wrong decision. For example, if there are repeated complaints against a platform about withdrawal problems, excessive fees, poor customer service, it becomes much more risky if it is promoted as good only for referral commissions. The responsibility of a mentor is not only to show opportunities, but also to show a person the right path, clearly inform customers about risks, disadvantages and possible losses. I think it is much more important to do your own research before making any financial decision and to see the experiences of other users and understand the company's terms well. In the end, a mentor can be a source of information, but the final decision is yours.

[Tonimez]

This is a very common practice. A lot of times on X when there are negative reviews about a trading company, most of the idolos there will still promote such companies to their followers and students because if the little commission they will earn from it.
I think it is a bad practice. Because some of the so called mentors are may not even be profitable, they just collect money for mentorship,collabs and commission from these companies, and they use the money to show fake lifestyle and lure unsuspecting beginners.
I think any financial company that have been known for bad service should not be promoted by such people because they can easy influence the decision of a large audience. 
The mentors are not always right

I agree with you, no financial institution or trading platform should be promoted just for the sake of getting a commission. Because there are many new people who can be influenced by the words of a mentor. Especially if someone attracts people by showing stories of expensive cars, luxurious lifestyles and quick profits without showing their actual trading results, then beginners can easily make the wrong decision. For example, if there are repeated complaints against a platform about withdrawal problems, excessive fees, poor customer service, it becomes much more risky if it is promoted as good only for referral commissions. The responsibility of a mentor is not only to show opportunities, but also to show a person the right path, clearly inform customers about risks, disadvantages and possible losses. I think it is much more important to do your own research before making any financial decision and to see the experiences of other users and understand the company's terms well. In the end, a mentor can be a source of information, but the final decision is yours.

Everyone in the crypto world is only there for the sake of his gains so there's no way they will stop promoting for money. This is their strength and no one really cares about anyone. It is left for you to do your own research before introducing your money. Most mentors have whom they work for, that's why they focus more on throwing luxurious lifestyle as a bait to attract mentees and organic followers who will be loyal to their opinions and they end up exposing them to risks of making more losses than gains.

If their teachings are as juicy as they usually claim, they won't be more focused canvassing for people to register for their mentorship, they will be too busy to have time for those few dollars mentorship. Don't trust everything you see online because there's more deceit than lessons to learn online and doing your own research should be your first step before accepting any notion sold to you.

[Different patterns]

Most of these crypto influencers are leading people astray, they don't really have much knowledge but they just make people that are still new to it think that they are gurus. You can have mentors but it is important to make your own research and have your own ideas. Doing your research doesn't mean that you are not going to learn from someone but it makes you know more knowledgeable yo spot mistakes.

Person way dey go listen to crypto influencers no really know watin en dey do, all this crypto influencers just dey use some people head.
All this new cryptocurrency way just won scam people, them they use all this crypto influencers to make the crypto coin more popular so plenty people go invest or buy the crypto. Make una no dey listen to those crypto influencers na there pocket them dey fine.

Yes I agree with watin you talk, to get mentor no bad but as you get mentor try to dey do your own research so that you go know watin you won do very well.

Exactly my point here, although I don’t think we should blame the influencers, because them create their platform purposely to make money, and I believe that almost they advertise or promote, they collect money to do it. And if some of them in need of money, they don’t mind the consequences or how it will affect their flowers, that is why you see them advertising one thing repeatedly without a single good result. That’s why any new person that comes across any advertisement online, should take is time and make your own research to avoid falling victim. And again even if you are mentor, you can follow your mentor advice, but try fine out something yourself can make things better.

[Loyang]

Most of these crypto influencers are leading people astray, they don't really have much knowledge but they just make people that are still new to it think that they are gurus. You can have mentors but it is important to make your own research and have your own ideas. Doing your research doesn't mean that you are not going to learn from someone but it makes you know more knowledgeable yo spot mistakes.

Person way dey go listen to crypto influencers no really know watin en dey do, all this crypto influencers just dey use some people head.
All this new cryptocurrency way just won scam people, them they use all this crypto influencers to make the crypto coin more popular so plenty people go invest or buy the crypto. Make una no dey listen to those crypto influencers na there pocket them dey fine.

Yes I agree with watin you talk, to get mentor no bad but as you get mentor try to dey do your own research so that you go know watin you won do very well.

Having a teacher is not bad but you have to choose a teacher by considering all these factors like how good the teacher is or how much knowledge he has. Because out of all the teachers we see in the crypto world or those whom everyone considers as teachers, about 80% are scammers. The job of these scammers is to encourage everyone to invest in fraudulent coins by lying and making everyone buy these few coins.

You cannot always depend on the teacher, but rather, research everything the teacher has taught from other places and see how effective or good what your teacher has taught can be for you. At the moment, always keeping an eye on Bitcoin is the best decision and I myself always keep an eye on Bitcoin and try to keep myself away from all other coins.

[Achalugo BTC]

Having a teacher is not bad but you have to choose a teacher by considering all these factors like how good the teacher is or how much knowledge he has. Because out of all the teachers we see in the crypto world or those whom everyone considers as teachers, about 80% are scammers. The job of these scammers is to encourage everyone to invest in fraudulent coins by lying and making everyone buy these few coins.

You cannot always depend on the teacher, but rather, research everything the teacher has taught from other places and see how effective or good what your teacher has taught can be for you. At the moment, always keeping an eye on Bitcoin is the best decision and I myself always keep an eye on Bitcoin and try to keep myself away from all other coins.

You are right though. That is why the students also have their own role to play, which is to do their own research to confirm what their teachers said, like you highlighted, so that they won't make any costly mistakes. Relying solely on teachers because they are more experienced could lead the students to make costly mistakes, as no one is perfect in this world. So taking the necessary steps helps prevent unnecessary losses or damage. Also, in crypto one has to be smart and patient, otherwise they may get scammed.

[Antotena]

Yes it is absolutely true that a mentor can teach us a lot of valuable experience but before following their recommendations we should definitely verify them when the risk is our own. I don't have a mentor but I think forum as my mentor, the most surprising thing is that almost everything I have learned from the forum is legit. Many times I have received wrong information but along with that many people have corrected those mistakes. For me the forum is a trusted mentor through which almost whatever I learn is legit I can learn something without any worry.

What we need to understand is that mentor are human beings like us, before they got to where they are today, they are regular guys that made mistake and later master the art of what they learn and they put people's on to avoid this mistakes. It's because people athey teach avoid mistakes and learn it easily is why they earn respect and become a mentor but it does not stop the fact that mistakes can happen again and again because we keep learn every day.

There are people that do call who teach something as mentor but guess what, they end up becoming better version of their self, they know more about what they learn from the person that thought them. That's to tell you that life is unpredictable, the fact that you know it now doesn't mean you wouldn't make mistakes. It's better to always watch out who you called your mentor.

[cocadalcan]

So do not completely trust your mentors that you ignore research, especially mentors that have no personal relationship with you.

I agree with your recommendation about not trusting mentors completely. Especially if you become overly dependent on them without analyzing them, they can lead you astray. The mistake that most investors make in investing is that they follow mentors and make decisions or suffer losses due to making quick decisions.

Surprisingly there are some active groups on Telegram who lure new investors in various ways and make money by promising them profits. They claim to be mentors, but every investor should analyze the market and make investment decisions on their own without trusting anyone. It will be beneficial for you to lose money on your own decisions compared to making a small profit by being lured by others. Because later you will not repeat that mistake and in this way you have to gain experience and earn profit.

[Queen uloma]

I agree with you, mentor may have be experienced but that doesn’t mean that every app that he recommended to you must be the best for you. Some mentor may have benefits from the platform that they’re recommending, so it’s good to engage in your research before we trust any application.
So for me, mentor is suppose to protect you but you still need to verify information by yourself. It’s not entirely everything that someone tells you that you must accept immediately, most especially when money is at stake.