Bitcoin Forum

I know the title may sound a bit odd, I didn’t really know how to word it.

Anyway, is there much (if any) for legitimate services that will sell people trading advice (like “buy this coin now”) or that will have you deposit your money and have them trade it (similar to investment firms that we all know) in the crypto world?

Not that I have come across, in crypto I would definitely not trust anyone with my money because it's so easy to get scammed with no repercussions. I'm sure there are some legitimate places offering signals but a) I don't trust them because many are used to pump coins they already hold and b) even if they are legit it often artificially manipulates the price and it's difficult to profit off this in my experience because buy volume is so low.

There are plenty, but most of them suck, and will lose you money (on top of the membership fees). You're better off curating a good feed on #CryptoTwitter, lots of solid, free advice and charts going around.

The only good "copy trader" service is on 1broker, but they no longer have a BTCUSD market. Only forex/stocks and stuff like that.

The best way of obtaining trading information is to always be updated with the current cryptocurrency news and knowing which certain coins are going hot right now. There are services that exist like you've described, but those types of services only exist to make money off you. They tell you to buy certain coins saying that it will rise in price; and sure it will due to a good number of people buying that certain coin, but before you know it and before you even think about selling them, it will come crashing back down due to the group owner dumping his/her coins. The classic pump-and-dump scheme.

The only services which are really out there are the ones which are pump and dump helpers, which is something that can land you in a lot of trouble with your governments as you're helping in market manipulation (and they don't care if its crypto)

I guess there are some more, telling you when to buy and sell certain coins while saying they have inside knowledge, but I think all of this is a bunch of bullshit. No one knows how to advise you in the market, this is penny stocks on ROIDS.

As we all know in other markets there is such a service and most likely there is something like that in crypto.

If you are going to acquire such type of service make sure to check their track record and reputation. There are too many self proclaimed guru outthere thats just after your money.

I heard many service like that must most probably you will need to pay some money.
And also some free service but not really sure if they good or not.
Actually i do not know so many information since i dont use their service.

For the people who are selling trading advice, there are so many of them in telegram though it is hard to determine which of them are legit. I know an admin in a group though that shows the chart before he makes the trade, the possible buying price and the possible selling price. You will know that he is not just claiming to have profits because we can see the chart real time. It's rare to find a group like this because most of the groups just tell you to buy a coin and then sell at this price without even a reason why we should do so.

There is another group that I know that will let you deposit money and they will be the ones making the trade for you. This is quite risky because you don't know the people trading for you so if ever they decide to run away with your money, you cannot do anything to retrieve it. So far, the investors are happy with it but I would just advice that it would be better to trade on your own because they would not be there forever. You cannot just rely forever on other people to earn for you.

there are many of them that can be found on the marketplace>services section and they are called pump and dump group or  trading signals. some proclaims that they are premium and legit among others though you need pay a specific amount first in order for you to participate and join their group. yet i personally doubt these kind of services and i find it a scam because no one can totally/possibly predict the future of the coin although i agree that there were some factors that affects the value of coin like demand and supply , whales , fuds, etc..

trading  is a risky for your investment if you have lack of knowledge, anyway have many legit investment firm in crypto if you want to join in the world in crypto trading industries, poliniex, bittrex to buy altcoins or bitcoin.