How do you do your own research then? Don't your spy on what more experienced traders are buying at a time and the amount they put in which sometimes tells their level of confidence in the project, I guess.
If you are tracking the positions of traders whom you consider more experienced than yourself, then this does not protect you from mistakes, since there is no guarantee that their assumption will be correct. To do this, it is enough to recall James Wynn, who recently lost about $100 million after his position on the Hyperliquid platform was liquidated.