Bitcoin Forum

I have been a member of Telegram for a while now and I noticed that there are these signal groups there which are like of like pump groups. They have a VIP GROUP then a normal unpaid group.P. I day trade a little and notice that everyday coins get pumped by these groups and as we have no new money coming into crypto it is the same money being pumped and dumped in projects. Is anyone here a member of such signal groups and do you actually make a consistent living or gains from these types of practices? I am looking for a way to consistently make 30 usd a day for survival purposes through this bear market because I can no longer do this from normal day trading or bounties.

Earning on pump and dump grups is like trying to earn in casino. Its not even high risk high reward. Its high risk, low reward. When signal hits telegram coin is instanlty pumped by bots and you, with human reaction - creating order in 3 sec will buy on +100% and sell at +110% (5% profit) and win or buy at +100% and miss opportunity and sell at +10% loosing amost 50% of your investment. Its alwais gambling. I've tried at liest 10 pumps. Jumping into first wave, secod wave, trading on higher volatility and manny more and finally stopped with conclusion that it is possible to earn but 1 lost trade will eat 10 win trades makes it all gamble.

One pump that i've took part in was stopped by 50 btc sell order at +50% and than dumped by users to -30% from inition price. These is example of trade that eats earnings from 10 win trades.

The nature of Telegram Singal groups is pumped coin. They put out signals for the members in order. I think for this groups risk entirely probable.
We should only refer to the signals they give. The main problem is that you must have knowledge of the market to make your own judgment.

No, not for the average user. They are simply pump-and-dump scams being poorly disguised as something else. By the time the signal is put out, the small handful of group leaders have already loaded their bags and are waiting to dump on you. The only people making profit are the people running the group - they only want you there because they need suckers to dump on.

As with everything in life, is someome is promising you fast, easy, risk-free returns, then you can be 100% sure it's a scam.

There are some channels that are usually paid and that care about their reputation so they will not impose a trashcoin purchase on their subscribers. I can honestly say that some of them are really work.


No one says that you should follow their signals blindly. For example, when I see that it's proposed to buy some coin, first I try at least learn a little about it and then decide whether to buy or not.

Some of them still do work but not most. It stopped using those signals since they can't really give me an accurate signal for a trade but I think that doesn't conclude if they still work or not.

Yea, they are extremely effective at scamming newbies and idiots, hence they are effective in achieving their primary purpose.

The signal/pump side of the equation is a front, only those in the inner circle (founders and sometimes premium members) can profit from them, whereas those on the outer fringes will be left with bags.

It is best not to play this game, you will almost certainly lose your cash.

The first thing is that I'm more than certain if any one on here was to be part taking in any of Telegram groups you mentioned will not admit to it. The second thing, is that this requires a lot of effort from everyone to pump a particular coin which sometimes is difficult to get everyone to do it and say if somehow everyone participates its still no guarantee that the price will response accordingly. Thus, in my opinion this is a highly risky thing to be involved with with little profit.

I know it is possible and without signals earn 50$ a day! This is real, the main thing to have some experience in day trading and scalping. These groups provide signals that you will be able to generate later study of technical analysis. So, do not climb there, if they are even more paid! And pump groups this of course, too, very risky!

I once knew that, but I left the group because I thought it was too risky to get a profit because they already bought it first and we will lose it later. be careful when join pump dump because it's risky

I would gladly be a leader in such group and buy at the bottom after selecting a currency and then instruct the other investors to pump the price

But as a follower the risks are huge, you buy on the way up and can only depend on how high it can go.
The reward, if any is little and the risk is high.

Even if they work, its often that theyre using you for their own agenda.. where theyre using you for more buying pressure to get out, or trying to get lucky and get you to pay for a subscription, or any other various things.... use extreme caution!

Yes but I cant share it for here some of telegram signals are fake and joking people for investing for their coin to pick and lossing profit.

Very few telegram groups do actually work, work in the sense that you can make income from the signals they drop. The so-called VVIP paid memberships are sometimes mere scam to me as they first lure you to join, then they introduce the VVIP membership plan which entails you to part with some money to join. I once joined a few of them, but hardly profited from their calls.

There are many active signal telegram groups in the last few years but remember that no one really has the kindness to give you signals to invest. Most signal groups are the way big investors lead the market to invest in the coins they have bought before and sell out quickly when you buy.

And you shall be use to profit them. In short they just use the bottom members and will left hanging after they got their profit.

Just noticed their tutorial video on how they manipulate the market, you can say that those are just greedy ass. First, the group will fake a hype and make orders while FOMOs notice it, they're buying like idiot.

Typically, these signal groups pump those never heard shitcoins. I suggest don't be as greedy as them as it will surely have a bounce back.

Signal group sometimes could be accurate, some provide a good signal that the accuracy could up until 70%, but pump and dump group signal is not a good thing to follow,pump and dump group only care about their own profit, you will losing a lot of money,it's kind of dangerous to rely your income on trading because there's chances that you can lose money

Lolz, never. Neither the paid group works and off course no question about the free group as well. Also let me tell you there is no as such big difference between the two groups because that is just said to deceive you in the first place and make you think that there is something special over there. Signals are really ridiculous thing in the crypto world because there are hundreds of spikes that are changing every other hour in the crypto currency due to their volatility issues. Now this volatility do come from the external and internal factor thus making things very very complicated to predict over just signals. SO no mate they doesnt work in reality.

I would also highly recommend you to stay away from that kind of groups and signals. You might earn money and have some profit, but at the end when you calculate it all after a few pumps and dumps you might be on big minus.

I was in signal groups. After a while I no longer see the effect. Almost everyone there is losing a lot of money. Those channel owners will earn an unmatchable amount of money from this, do not join if you want to lose money, very risky. However, if you catch up with them, you will earn 5 - 10% of the profit from that, but it is very difficult

I understand how that feels specially if you are not quite familiar with the chart patterns. I actually don't rely to any trading groups or follow their signals because there is always a huge possibility that they are only using you for their own benefits. Their signals could be seductive but you better do your own research first before following the instructions. I always check tradingview.com before I trade and check their opinions because I found this very helpful.

To be honest, I think this kind of Telegram channels doesn't work very well, and I often do wrong directions. It is a fact that the investments made through such channels are like gambling because these investments are made without any basis and without any indication. Therefore, I do not recommend the use of these channels and the investments proposed by these channels.

Some of them work and some not. you should do your research before you decided to put your money in any group.
This a risky business when it comes to trading - specially with cryptocurrency.
This why you should read this detailed research regarding the TOP Bitmex signals providers this days.
https://smartoptions.io/bitmex-signals/

If you want to earn through a pump and dump group's signal. So your chance of meeting that will be very low. Because I also got involved in a group thinking of earning like this. But I got nothing without loss. So I will say learn to trade yourself and stay away from all these groups.

Well some of them do work. Supposedly the most reliable was/is Palm Beach Confidential. However you need to search for ones yourself and check if the signals they provide are legit. I would not join any pump groups, most of them are scammy, and it’s not the best trading practice.

Well I have some experience join paid signal groups and also free signal groups, my paid signal groups isn't a pump group, the admin just share about technical analysis some coin and members feel free to make decision, the different about the unpaid signal groups is admin give the signal more late than the paid signal.
Learning by yourself understanding the market will make us more clever at making decisions about what coins are worth buying.

Seriously these so called signal groups are a rip off of you don't know what you are doing.  Most times they don't really make any pumps, they just entice their members into buying a particular coin with the promise that it will pump. And if the reverse happens, you're rekt big time.

Not works for me, many signal they give is depend market data and independent calculation, no education and join with fees. Sometimes get big profit and sometimes also get big loss, for me this is not worth. I suggest you to try by your self direct into market and set all your tools never break it ( stop loss, take profit ). Learning in the field will open your mind with fact about risk and money management. Good luck to you.

Like you said, they are like the usual pump and dump groups. I have been in many telegram groups and it always ends up to a pump and dump group because some members only join just to post their other groups or "free premium or vip signals" that we know is pure crap. It works for the group that run this scheme but not for any individual like us.

No, they absolutely do not work. 90% of these signals are made by free-loving traders with a trading experience of no more than a year. In fact, you play the lottery using the signals

Don't trust them because it is only give loss to you and profitable for the [erson who is manipulating by sending trading signals.I heard that there were some legit groups too but it needs huge money to join in there.

If what you mention is reality then I can say it is a trap, really I am also very hesitant to follow the signal signal given in several channels in the telegram. To trade, I will believe more in what we produce from our own research even though sometimes it's not right.

To understand and discuss if the signal groups work or not you first have to understand what signal groups are. If you mean signal groups that are made personally than you have to understand there are personally motives for suggestion a coin and a person telling this coin will go up and that going will go up will always have a personal reasoning behind it that will never return a value for the coin itself and doesn't mean anything to the market in general as well.

However if it is a computerized version of a signal group that suggest coins depending on the indicators provided to some sort of bot that gives suggestions when a coin hits those perimeters in the bot than there is at least a chance that market also sees that the coin is at a good indicator to go up at that moment, it is still not given and definite to go up but at least others outside of that group can see it too.

I think there are few good ones, only very few are managed by real traders, the rest are just into copy and paste while a lot are either riddled with FUD or FOMO. I have been into so many that actually made a lot of losses following their signals, now I don't trade follow any more, I use my own knowledge and fundamentals

right, things like that make us more clever in trading. we must believe in our own analysis. although it was finally wrong, it was a very valuable lesson so it didn't happen again

Maybe some signals in telegram is also working because some telegram groups so many members trusting and doing for their signals and I think it's worth it.

Worth it? Why they broadcast that if they know it is really profitable, or just we say that pump and dump group are scammers. Once you followed what they say to pump but later on it will pump. Why? because they already get full their bags when the price is high they quickly sell all they have. Or some other group delayed on broadcasting signals that made your money lost. Just research your own don't put your money in high risk by doing what they say.

Now on such projects I get about 10 dollars a day.
Can I explain to you the whole system, how it works in the telegram @blagodynasty

Most of the telegram signal providers group and pump and dump groups are created by scammers, They buy coin  of  low volume and low marketcap. Then they give signal and dump on subscribers. I don't trust on any telegram group now.  I only use for ICOs Their paid signals are copied by someone else.

In many cases, useful information can be found in the Telegram groups.

For example, now Tether has recovered to almost $ 1.

Everyone who wants to make money on FUD, earned.  ;D

Wait.
I thought they were just predictions? Signals right? I guess that tells it all.
I am a member one but not with those paid ones which you say are pumping coins.
Do they really have that enough money to pump just one coin? This could just be another scam so better be careful.
You wont really find anything like that.
They spread news that they have made money thru it but it is all just a fake. There is no such thing. You need a group of whales to make it happen. Ask yourself. Can they really pull those whales in one telegram group? I dont think so.

most of them only intend to scalping, but this is still in a reasonable stage for the formation of daily coin sentiments, the signal group cannot be considered as a scammer because the connotation is still around fast profit. This will indeed be very detrimental for the first time the coin joins for market listings. but there they got the first test to keep prices from being destroyed, and also for the development of their projects.

your example is pointless. some of the telegram group are good for knowledge. they share good knowledge about legitimate crypto news and price analytics. but those pump and dump signal groups are all useless. I would advice everyone to stay away from these groups. never pay them your money fork fake signals..
if you are a true trader then do your own work . there is no shortcut.

Don't mind about that thing because consistency on making profits on daily basis wont really be that possible here on crypto even doing normal tradings wont really give you that thing for sure.
Neither paid or free signal groups it doesn't really matter at all yet outcomes would really be just the same the thing here is that the only one who do make profits is the group owner itself shilling out coins for his own benefits.

I wouldn't rely on that. Of course I'm not saying that you can't find some useful information there but still you can't make decisions based on that and there is no guarantee you will make some profit. And it's the same for both, paid and free groups, I don't think that either of these two will bring you some significant benefit. Also, there is no proof that signals you get will actually work, it's more guessing that sometimes will be true and sometimes not. And you can do that on your own too.

I think even if the pump groups work, there is a problem of trust. Imagine that they just want to pump price or for some another reason use some people like you or someone creates group for bounty. Because it is hard to believe people who are there and even if you do, you should take a big risk.

They are extremly effective. if you want to lose your deposit. They give you 10-15 coins per day in the hope that one of them will mooning). In market like in 2017 you have some chances to make profit. but not on current market situation

If you can able to handle the risk to buy a coin on earlier phase then possibly that you can really make some profits but if not then you will end up on holding a shitcoin and this is the tendency on joining up these kind of groups. Small chances of profit but higher chances on losing money.So, i wont really waste up my time and money into these things.

Yes you were right those signal groups these days are not that into helping you they just did it for their only sole purposes and that is to deceive you from what is their main plan. You will end up losing so much of your time and even your investments if you do waste your time to these people. You can't just trust anybody today specially when there's a money involve.

Telegram signals? Yes, its working to those who are part of it, but in us? I think it is not. Why? Because this groups are made just for them to become profitable. They just used other people to hype a certain and soon as it arise, they will sell it. I don't trust this method and in fact, I believe more in myself and to my set ups.

I thought by now people would have actually gotten wise enough to know that telegram groups that are busy calling signals are just not the right way to go about things and they can easily get burned. Knowing what you are doing is what is important.

There are so many of them just looking for money for premium signals, and in that case, I would say they are just there for the bucks and care less about their followers. The market is something anyone can easily make their own decisions if they are willing to learn, but of course, a lot of people these days just prefer looking for shortcuts.

Type people like that will not get a lesson before they feel consequences from their desire to get something with a shortcut. And some people who don't have hearts, will take an advantage from that, and people who only look for shortcut is target to them.

The only time I ever tried using telegram signals to trade was when I just started my early career as a trader and I really suffered for that decision I made then which I wish I could have actually just done the right thing than to be looking for an easy way out. There is no easy way out to anything and the only easy way out is your own knowledge as an individual.

You will be surprised that in the long run, with your knowledge, you know better than those who are calling signals on telegram and you will be happy you actually did get to learn. Telegram group signals suck as far as I am concerned.

For as far as I know, not all telegram signal groups are revealing their secrets. I once experienced joining one telegram group, too. Unfortunately, it is not accurate and my technical analysis mostly works than their tA's and signals. Some are just fake but somehow their are still offering accurate and precise signals with of course subscription fees.

this is also the earliest thing I have ever done when I was new to cryptocurrency, trading and following signals from the group. and now I'm aware, it's just nonsense, they just make a signal for themselves. testimonial? it's just another account from them

Telegram groups were mostly a form of promoting specific tokens, also there were few groups that are highly technical in pumping and dumping activities. Apart from this there were more trading support telegram groups which were completely useless. Just some get lucky and the coincidence makes them believe upon those groups. Some give free one month and then onwards premium based.

Its always been part of the human nature on where we do really like to go on paths or shortcuts in life to make our lives easier and same goes on investment strategies.We are almost in a hurry
without minding on the proper things should be done and tending or plan to rush things up because they are impatient to see profits on longer terms.This is why they decide
to join up these groups because of that hope but as being said those people wont get a lesson if they wont suffer consequences.

Lets just hope if people in this forum can read this, so they not jumped into shortcut that will only cause them to loss their money, because scammers, or people who took advantage from it never ends.

You found out by then, actually those people behind such pumping signals are just the whales waiting for their prey to come.  Catch those people who are thinking for easy money. Of course, they will help you at first but in the long run they absolutely bring you down.

Sometimes they have a good signals nd sometimes its not. Its not reliable in my opinion but a good guide to evaluate  and validate. Sometimes when they give the signals, it seems they are selling their HOLD :D You end up as a bagholder. Sometimes you have act fast because it already pump.

Sometimes they just want to pump coins they were holding. They just usually use it as a promotion channel, though it can be a help when we have the same coins with them and they were success on pumping it.

I think yes, because all the information regarding about the project could only be found in telegram from the latest updates and for convincing the community to boost the project more. Also to get more investors they used telegram to hype the community about the updates of the ico project campaign. And last but not the least it is a group of pumping and dumping too so that community will much aware what is happening presently in the project as well too.

Telegram signals group are risky according to my experience. Most of the signaly they drop for you are already sell standby from their wide. Immediately you put your order in, they get executed immediately. They are very very risky

There are so many telegram signals group where I am joining with or subscribing. Most of them give some signals where traders can make profit/s if it is legit or not in an interval of time , mostly per hour. But everytime they gave signals, I double check the price graph of the coin/s they given signals, in order for me to assure that I can make profit/s out of those signals.

Best way to use those groups is by holding tons of alt coins and putting sell order on everything at +60% price. Then when it's getting pumped by another shitty groupe you just sell your coins and profit  8)