If you are new to trading, especially crypto trading, don’t go it alone. I learned this very late.
Having a mentor in trading is crucial because they provide guidance, share valuable experience, and help you avoid common mistakes. A mentor can accelerate your learning process, offer objective feedback, and help you navigate the emotional aspects of trading, ultimately increasing your chances of success.
You know experience is the best teacher and of course having a mentor in everything you do boost your knowledge. You know what is mentor seems to be very common but it has so much meaning because what you don't know he would bring it to your door step to just make it looks so cheap to your knowledge. Many people despised their mentors but when they faces difficulties then they bounce back to their mentors to have some corrections.
Regardless of their effectiveness, ultimately, we are responsible for making our own decisions. Besides, mentors can't be forever, we need to stand and make decisions alone because this is the way we become confident.
Mentors had a huge responsibility in developing new traders, but there were some limitations also. As a new trader, it is not necessary, we only rely on what our mentors did. We also do something because not all things can be learned together; some can be learned through experience and research as well. We need to take some responsibility for developing ourselves if we want to become successful.