It is wrong if you try to follow every trade wave in the crypto currency market.
It leads to pressure, unnecessary emotional imbalance and fuds.
It depends upon individual experience, if you take a look at the market and the daily volume you will understand what is going on. You do not necessarily act on every market movement but there are people who make a call on every movement. You choice what mode of trading you are comfortable with according to your skills, if you are well versed then option trading is where you make the maximum money but the risk level is much higher.