I have a fair knowledge about Bitcoin and cryptocurrency. I can hold down a good conversation in it however when it comes to trading, I have come to the point where I need to up my game. After using a mock trading app for some time, I stopped and tried the live environment. I lost money. Since then I have done some trading again. I feel I need to get back in the game. Right now I am coming in with a different strategy which is a mentor. Yes, I need a mentor in this renewed trading journey who would teach me the practical aspect of it. Because any of us can easily quote the theoretical knowledge of trading.
What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?
If you guys can give me some ideas, it will help me to take charge of the conversation when I meet with the potential mentor.
Thanks.
Meeting potential mentors is hard to come across these days because some claim what they're not. Honestly, I understand this feeling. At some point, I started using copy trading to fill up the space of my earning while I learn. You could find a mentor but I scaled through learning from those who are better than I'm, and joined a small group of good traders as well. I wish you luck in finding a mentor
Many might claim to be mentors yet they lack all it takes to actually mentor someone. Potential mentors are hard to find. The few we see around only do it for the sake of the rewards they'll get after the mentorship. Some mentors are trick, they conceal vital information from their mentees.
Getting a mentor is not a guarantee that you will do well in trading. Having a mentor is not bad either. While undergoing the mentorship training, we also do our research and practice on our own too. The mentor will only teach, he won't be held accountable for your mistakes later in the future. Ask questions, check trends and histories. Copy trading will help too. By doing this, you are getting knowledge from different sources which will help you make decisions and trade effectively.