What's sad with many of the newbie traders that I see is that they think copying others is going to be okay in the long run.
Yep, and now the Copy Trading option being available at most centralized exchanges makes this belief stronger among newbies. They believe they can do copy-trading for the rest of their lives and earn money without having to learn anything but they are wrong. You can't rely on other people all the time, even if you can, it will only be for a short term and you will eventually have to start doing your things yourself instead of relying on others for that.
As a trader, a person needs to understand everything. Not only as a trader, but in anything a person does, he must know what he is doing, otherwise, he wouldn't have any idea what is good and what is bad, and in this ignorance, they can lose a lot of money without even being able to understand how they lost the money.
Copy trading is a really effective solution for those who don't know about trading. With this strategy, a trader without sufficient knowledge will have the opportunity to earn, although there is an equal chance of losing. But it will be appropriate if a trader acquires sufficient knowledge from here and considers trading with his own knowledge and intelligence. Copy trading can be helpful for a beginner. But it would be foolish to rely on this strategy alone in the long run. It is best to trade based on your own skills and knowledge.
As a trader cannot apply all the trading strategies at once it is not possible to master them in a short period of time. But the trader must not rely on only one strategy to conduct trading. It is best if the trader learns about various trading strategies and can apply them as per need.