Do not completely trust your mentors.

[Coin_info]

I was having a discussion yesterday with a person I consider more skilled in trading than I am and the purpose of my discussion was to learn a bit from his experience about his journey so far in cryptocurrency trading to at least gather some motivation from it. While discussing he was recommending some of the applications that he had used all through his trading journey to where he is now and then it hit me suddenly that most times different people are exposed to different applications and depending on whom you are learning something from, or asking a question, it is not just their approach that they teach you, but they also refer you to applications that they make use of. Now I am not saying all the applications they refer us to are bad, but it is important and very necessary that we do our own research about the applications we are referred to. A mentor may be referring us to an application that they have an affiliation with or will have some benefit from without even considering that that application is not the best out there for the purpose you want it for.
So do not completely trust your mentors that you ignore research, especially mentors that have no personal relationship with you.

[Charles-Tim]

I have seen some on X that are doing like they are pro traders and you will see them referring people to an exchange with their affiliation link or code. Do you know the worst part, you can see something like you will get reward of $60 if you register on the exchange, but all are just lies. When you join and read their terms and conditions necessary to earn the $60, you will notice that it is just not possible or hard to achieve.

But it is worth knowing that they can get the affiliation link or code from any crypto exchanges.

[Mia Chloe]

But it is worth knowing that they can get the affliction link or code from any crypto exchanges.

Charles I think you meant affiliate link here... You should pls correct it so newbies don't misquote you. That aside, OP there is something you need to understand literally almost no trader will teach you his strategy full time. Yes it's factual no one wants to share what they studied and understood over a prolonged space of a couple year for just a token of cash.
Most people claiming to be trading mentors are scammers that could not make it for trading and rather they are looking for newbies to scam too.

[Coin_info]

That aside, OP there is something you need to understand literally almost no trader will teach you his strategy full time. Yes it's factual no one wants to share what they studied and understood over a prolonged space of a couple year for just a token of cash.

On the contrary, a mentor who has a personal relationship with you and is genuinely concerned for your progress will try as much as they can to make trading profitable for you in the shortest time possible. They may not mind breaking down their trading strategy to you. For example, if the mentor is an immediate family member or a very close friend who could qualify as family. They may not even charge you any money for it if they know you are really serious. Am I wrong?

[Hatchy]

A mentor may be referring us to an application that they have an affiliation with or will have some benefit from without even considering that that application is not the best out there for the purpose you want it for.
So do not completely trust your mentors that you ignore research, especially mentors that have no personal relationship with you.

Is this a good reason not to trust a mentor? Most times we take very little things too serious and then fail to see the important side of it. Most of these mentors offering you a link to register on the same platforms, they are usually in partnership with such platforms and you registering under them gives you same advantages as they do.

Most time, you are allowed to share the same type of leverage account using your referral links and not everyone knows the importance of it. I'm not saying that there aren't scammers out there playing to be mentors, but we should stop making these little things about trading hold us back from the best parts..

[Shadiq]

My advice would be, do not make a consultant someone you cannot trust completely. If you can do your own research and cannot trust your consultant, then why would you hire a consultant or be considered a consultant? Only go to someone you can trust blindly for advice. Otherwise, the advice of someone you cannot trust is completely useless and harmful to you.

Because asking for advice from an untrustworthy person means that you are exchanging your plans with him, maybe not everyone wants your best. It may be better to research the consultant rather than research the advice. Because, not everyone wants your worst. Some actions may be in the interest of the consultant, but not harmful to you. For example, buying an application or placing a referral code.

[Frankolala]

That aside, OP there is something you need to understand literally almost no trader will teach you his strategy full time. Yes it's factual no one wants to share what they studied and understood over a prolonged space of a couple year for just a token of cash.

On the contrary, a mentor who has a personal relationship with you and is genuinely concerned for your progress will try as much as they can to make trading profitable for you in the shortest time possible. They may not mind breaking down their trading strategy to you. For example, if the mentor is an immediate family member or a very close friend who could qualify as family. They may not even charge you any money for it if they know you are really serious. Am I wrong?

Of course, he will teach you for free. Do you know anyone like that or have someone like that in your family. I don't believe whoever says that he makes profits from trading because majority of them are lairs. Secondly, you should know that in trading, the strategy that works for me might not work for you because it's my own derived strategy. Trading is very complex, don't deceive yourself that you can learn it within a short period of time and start making money because it's not a get rich quick scheme like people think it is.

[Callido]

That aside, OP there is something you need to understand literally almost no trader will teach you his strategy full time. Yes it's factual no one wants to share what they studied and understood over a prolonged space of a couple year for just a token of cash.

On the contrary, a mentor who has a personal relationship with you and is genuinely concerned for your progress will try as much as they can to make trading profitable for you in the shortest time possible.

It seems you are trying to cover a km distance using half the distance, no mentor will want to teach using a short period, if he really wants to share you the best knowledge. For those of us who have served and understood that knowing the basic is important, short ways are the reasons why most traders are not making profits and are losing consistently, all blame to Bitcoin. You choose the right mentor, learn the possible way without looking for short way of profits.

[Makus]

I was having a discussion yesterday with a person I consider more skilled in trading than I am and the purpose of my discussion was to learn a bit from his experience about his journey so far in cryptocurrency trading to at least gather some motivation from it. While discussing he was recommending some of the applications that he had used all through his trading journey to where he is now and then it hit me suddenly that most times different people are exposed to different applications and depending on whom you are learning something from, or asking a question, it is not just their approach that they teach you, but they also refer you to applications that they make use of. Now I am not saying all the applications they refer us to are bad, but it is important and very necessary that we do our own research about the applications we are referred to. A mentor may be referring us to an application that they have an affiliation with or will have some benefit from without even considering that that application is not the best out there for the purpose you want it for.
So do not completely trust your mentors that you ignore research, especially mentors that have no personal relationship with you.

Ok let's focus on the part that say you asked questions. While learning from someone making your own research is very important, because  the depth of you questions would warranty you to get more knowledge from that person if truly they are good with what they do. But a person who didn't make any research before going  to meet someone for mentorship, would make the work for the person much difficult trying to explain the basics over and over again. If anyone makes their own research, hearing same thing from the mentor would make assimilation easy.

[Hewlet]

So do not completely trust your mentors that you ignore research, especially mentors that have no personal relationship with you.

if you had a mentor that is doing really well in his trading and at the same time decides to share all the applications and things that has helped him thus far, would you reject some of them just because you do not want to trust some of the information you are receiving from your mentor? you see, most things are pretty much relative and depends a lot of the scenario we are trying to paint. certainly, it is good to fact check every information anyone gives us including our mentor but when it comes to trading, you have to work with what is already working out for your mentor and afterwards you can decide to try out something different on your own. doing too much i too know might end you in wreck faster than even your mentor.

[Joeboy]

For example, if the mentor is an immediate family member or a very close friend who could qualify as family. They may not even charge you any money for it if they know you are really serious. Am I wrong?

Well for me I believe that even if the mentor is an immediate family member like a brother or a sister, there will still be a limit to what they can share with you, not necessarily because of selfishness. Rather because there are some things that cannot be fully taught.

You know people spend years trying to carve out their own strategies through series of trial and error. And most times that strategy that works for them may not work for another. This is simply one of the Irony in the crypto space. that is why it is very dangerous to depend solely on someone else's signals, without researching it out yourself.

Mentors be it family members or an outsider can only guide, one still has to walk his own path and learn his own way. So not only should we not trust our mentors we shouldn't also "fully" depend on them. Full dependacy cripples one's ability to learn.

[DaNNy001]

A trading mentor is someone that's more experienced than you that can show you important things especially what to avoid but this doesn't mean that you are going to rely on them completely for everything. Even when it comes down to strategy development this has to be something that you'd figure out by yourself based on your personal research. Trading mentors can't help you out with everything

[igebotz]

I have seen some on X that are doing like they are pro traders and you will see them referring people to an exchange with their affiliation link or code. Do you know the worst part, you can see something like you will get reward of $60 if you register on the exchange, but all are just lies. When you join and read their terms and conditions necessary to earn the $60, you will notice that it is just not possible or hard to achieve.

But it is worth knowing that they can get the affiliation link or code from any crypto exchanges.

I will die on this hill- Traders who are truly making money from trades do not come online and start making noise, trying to market their ref links, it always those fake traders selling fake signals and feeding their lifestyle off VIP subscriptions and ref links.

No one come online to announce to the world what makes them money, nobody. Secret of wealth are secret. Newbies pay attention.

[Samlucky O]

I believe in the theory that says you are the best teacher of yourself because any idea gotten from different people will be summarized by you and put it into effective practice. So Having a mentor or a Coach who teaches you one thing or the other does not mean that you will not do your own research. I have learnt that to succeed you don't need one teacher, completely relying on one may result to doom because most of them may be faking what they teach you, for you not to outsmart them and become the boss but constant learning from different mentor and online studies will help you to even know more. This reminds me of my days of learning a skill, I usually seek for knowledge from professionals of that same work from different destination, some where polite to me and some where'nt because they don't know me. But that was the best way I learnt.

Just like igebotz said that the Secret of wealth are secret. And most mentor are not free enough to expose it.

[laijsica]

Trusting advisors is a matter of your own feelings. You may trust them partially or completely, although not everyone will give you unfair advice. You should know the background of the person you take advice from so that there is no possibility of being cheated. Most of the time, you should trust known and reliable people.

Secondly, you should implement the advice from whom you take advice after verifying it from multiple reliable people and through your own review. Remember that fraudsters are looking for opportunities to deceive you by spreading their net.

Thirdly, you should write down the email verification and seed phrases of the important applications you use, without saving them on your phone/computer, and you should not reveal them to anyone.

[Gost ms]

It is never right to trust anyone completely blindly. For example, it is never right to believe directly that the person you consider as your mentor is talking to you about some things or showing you some things. First research what he told you, whether all the aspects he told you are right or wrong.

* You can search on Google and see if what your mentor told you will be beneficial or harmful to you.

* You can search on YouTube and see if what he told you is beneficial for you.

It is never right to be dependent on anyone. You have many ways through which you can take the right advice. If you do research, you can learn a lot on your own. So always try to educate yourself, it is never right to be dependent on anyone.

[PremiumcryptoHub]

I think you should never make or consider someone a mentor if you don't trust them, that is, someone you can't rely on. We will make him a mentor whom we can trust implicitly, meaning we can discuss everything openly with him and he will even be able to teach me everything correctly. I am mentioning a few important aspects here. If these are reflected correctly in that mentor, then perhaps he should be trusted.

Such as reliability:
If this is inherent in the person, that is, if they do not break the trust, then you may be able to trust them. And if he breaks trust, it is never possible to have hope in him,maybe trust will be that person's main quality.

Selfishness: @Coin_info, you will sometimes see people who give wrong advice to many people for their own interests, so they should be avoided. If you see signs of selfishness in a person, never take advice from him.

Even more important is prior experience, that is, what we consider to be past experience. In that context, looking at a person's past experience may indicate that they may be reliable. So I would say that you should never interact with people whose experiences are full of deception.

[Uhwuchukwu53]

I have seen some on X that are doing like they are pro traders and you will see them referring people to an exchange with their affiliation link or code. Do you know the worst part, you can see something like you will get reward of $60 if you register on the exchange, but all are just lies. When you join and read their terms and conditions necessary to earn the $60, you will notice that it is just not possible or hard to achieve.

But it is worth knowing that they can get the affiliation link or code from any crypto exchanges.

I will die on this hill- Traders who are truly making money from trades do not come online and start making noise, trying to market their ref links, it always those fake traders selling fake signals and feeding their lifestyle off VIP subscriptions and ref links.

No one come online to announce to the world what makes them money, nobody. Secret of wealth are secret. Newbies pay attention.

I think your word is far fetch to the truth, it's even unwise for one to even think that one secret of wealth can be revail completely to whoever , that it's your master is never a yardstick that all he know will be revail, a master may have many principle of operation but that which make him master serve as self custodian only to him those display are just market strategies but the real key is with him only and no one else is expected to know it . It's left for you to discover what make you your own master and corolate it that that of your master partially revailed.

[Charles-Tim]

No one come online to announce to the world what makes them money, nobody.

This is true.

Secret of wealth are secret. Newbies pay attention.

The secret of wealth are intelligence, exposure, patience, opportunity, diligence, money management etc. Although, I understood what you mean, you are right. The people that go to mentors are the source of the mentor's money.

[asarfiar]

That aside, OP there is something you need to understand literally almost no trader will teach you his strategy full time. Yes it's factual no one wants to share what they studied and understood over a prolonged space of a couple year for just a token of cash.

On the contrary, a mentor who has a personal relationship with you and is genuinely concerned for your progress will try as much as they can to make trading profitable for you in the shortest time possible. They may not mind breaking down their trading strategy to you. For example, if the mentor is an immediate family member or a very close friend who could qualify as family. They may not even charge you any money for it if they know you are really serious. Am I wrong?

Usually, a mentor advises others to reveal his own personality. You seek help from a mentor because he knows you well. However, you can choose a mentor individually. If someone close to you, i.e. someone close to you, is a good mentor, then you can benefit a lot. A close mentor knows you well and knows that you can accomplish important tasks, so he helps you to rise with his best efforts. And if you approach another mentor, he will not support you in all aspects. Because he may realize that if I reveal my inner talent to him, you may claim more importance than him. Considering this aspect, he can teach you 60-70% out of 100%.