Avoid Having a Single Guru

I've noticed many comments on my posts like, "I consider you my mentor," or "I only trust you, others don't inspire confidence." While these compliments are appreciated, it's important to understand the risks of relying solely on one crypto influencer. Never treat anyone as your sole guru. Depending on one person's opinions is dangerous. Make sure to consider a variety of perspectives, even those that seem nonsensical (as many crypto influencers do).

If you follow only one person and they make a mistake, you could face significant losses. Blind trust in a single individual can be financially devastating if they mislead you. Also, be mindful of confirmation bias. It's natural to gravitate towards opinions that match your expectations, often those predicting bullish outcomes.

However, bearish perspectives are valuable too; they often come from a place of caution and wisdom. It's better to follow those whose opinions can change week by week. These individuals are likely more adaptable and can spot market changes early, potentially saving you from major losses. Rigid influencers might cost you dearly, so seek out adaptive voices.

This post reflects my personal views.

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