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Never rely on hearsay, as following the crowd is often a recipe for disaster. When everyone buys the same stocks, the value will decrease and less people are going to buy it in the future. Think independently and do your own research, instead of solely depending on what others say. Keep in mind that stocks aren't simply just a piece of paper you purchase and sell when trading. While you are the owner of this paper, you are also a part of a group who has ownership in the company. You are entitled to the earnings from your stocks,