Post
Topic
Board Trading Discussion
Re: Trading by Influence
by
Hyphen(-)
on 23/07/2025, 13:35:43 UTC
In conclusion, I then noticed that trading is not all about the testimonies people give neither is it about feeling relaxed... It's an area of technicality and understanding alot of things...
I had to learn from my own experience and I don't think I could possibly get carried away or get influenced with what people because they would always declare the half side of the picture.

It's always better to DYOR.
Experience is the best teacher, and I think you have now learned in the hard way instead of waiting ti have sufficient knowledge before starting your trading journey.

Most of these traders are influencers that are looking for engagement on their social media platforms; they don’t have deep crypto or trading knowledge. That is why they are using people’s trades to influence beginners. The best thing for every beginner in trading is to remove high return expectations from the beginning and focus on learning about basic analysis, both technical and fundamental, so that they can have good knowledge and experience while trading. These influencers will never post their PNL that shows they lost; they will always use PNLs of people that made profit to influence you guys so that you will come to them and engage, or they even collect money to teach or share signals with you guys. Be careful and learn before starting everything in trading to avoid losing money.