Sometimes you do so many research for your investment,but you make a loss at finally.In the meanwhile,your friends just follow famous people or obey some rumors,and they make huge profits.
Have you ever had such an experience?
If you have,how about your friend ?they make a fortune or not?
I can just remember how many people are following Elon Musk investing DOGE coin and honestly, many of them got rewarded but that is a sort of market influence that this person had made, and sad to say that not all have that kind of influence level. Thus, if you can find another person like EM, it is really a good decision to follow him. But, we should be thinking about the trap, we are still careful then as not all have good results. It was still safer if we make our own research than relying on someone.