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Good afternoon to all traders. I have 6 years of experience as a trader, and here I have a question for everyone

Are there people here who want to join a team of traders and receive tone signals?

Of course if you share it here, people will be very happy to see the trading signals you make, especially if you have experience in this matter.

But if later it will only be paid then it's hard to believe because they believe more in what they do with their own skills, I'm sure if this is open to the public then it will be a lot of interest.

thanks for the answer !! I actually provide both free and paid ones, if anyone is interested you can join my community !!

I will be glad to help, teach and learn ITSELF !!!


https://t.me/altermine

https://www.instagram.com/altermine.project/

When there are groups of signals both in Tg and in any social network, the person who is in charge of studying the signals, what study takes into account? Just technical analysis? or does it also make fundamental and combine it? When the market for Bitcoin and cryptocurrencies is falling, does it provide signals to go short? I imagine that it also provides the indication to enter a pump and take advantage of it.

I have a doubt if you are a legitimate trader or just acting up because I've checked your telegram and social media accounts it's just a freshly new made account. I thought you do have a lot of people in your community but I only see one member which I think is only you.

Anyway, I don't really trust the paid signals because lots of people are losing money with those paid signals. And also, even if you are the best trader in the world you will still lose in trading. So, how can you assured your member that they would gain a profit with your paid signals?

I don’t know who gives what signals, for my 6 years I have never used signals, but I want to answer for myself.

I give signals both during the rally and during the decline (I myself trade this way), because the downturn can also be traded!

So. I opened my social networks today and I do not hide it!

Everything that is in the world was once opened and during the opening of all communities there were very few participants at the start.

Nevertheless, I looked at the market for signals selling at 0.25 bitcoin, YES, this is sooo much, and if you lose money through these signals, then this is a tragedy!

To do this, on my channel for today, I give everything for FREE. Check it yourself, I'm not saying that I'm the best in the world

I personally don't want to join the signal group, especially the paid ones...
before that, I had joined the trading signal group when I was a beginner but what I got was not profit but loss, as a result, I left the group and tried to trade on my own. self-trading is much more comfortable and less burdened.

Do you have a public track record where interested people can check your profit factor, win ratio, average winner, average loser, holding time, expectancy, average R, max drawdown, …? I'd never trust anybody – especially paying somebody – who's not willing to share his trade metrics.

Well if its going to be a free service, at least even if people will pay, they have to see the quality of what they want to pay for. There are lot of free signal groups that are doing great. Nothing bad about a paid signal but it must be a quality one.

For sure there are but people would really be that skeptical when everything turns out to be a paid signal group unless if you do have a good track record of profitable trades
then you can possibly hook up someone to join but don't expect that much because this market does have bad impressions about paid group signals.

So if youre launching some paid groups then why wont start some thread showing off some good trade of yours?

Paid trading signals give less interest to the traders, why? It is all about the bad reputation that many signals come to trick and scam people. And if you think that it really works this time, encouraging traders to come and pay your signals, that gonna be impossible.

Neither to blame us but that is the reality today. People need assurance and maybe if you can show us your results, that might put into consideration. But for me, I'd rather have to learn on my own and not use paid signals.

There are a lot of haters of paid signals and some are also a fan of it.
I  have tried joining paid signals before (joined because of a bonus and just out of curiosity).
There are also a lot of paid signals out there, some are those who just give the BUY PRICE, TARGET PRICE, STOP PRICE without providing such technical analysis explanation or chart at all.
While some paid signal groups are also good for the source of learning for trading since they have pretty well explanation and chart analysis.

People don't likes paid signal because it's very skeptical  due to some fraud when it comes on that matters. and they prefer to believe on their own skills just to assure every circumstances when it comes trading. Actually i belong to them because ever since when i saw some complaint such paid signals, it seems most of them are not trustworthy to rely and can't help much to us especially gaining massive profits and probably can bring us to risky situation in my opinion.. Actually i still don't have experience such ways.. But if paid signals are legit and good to use all i can say is perhaps it can really help more traders.

Paid or free signals both are acting for the man who giving the signals. First signal provider brought the coins and later they provide the signals to paid members, then the free members so that they can make some sure profit easily.

So I don't think it's a good idea to do trade on depending others, always should do it on depending ownself. better to take some more times to understand the trading instead doing it blindly believing others IMO.

I would gladly post it, but now I do not have proofs (yet), instead I will post my signals for free on my channel. If anyone is interested, you can watch and analyze it yourself. thanks

Yeah, much better to post your signal in your channel and let people see if it's worth or not. I think that's how paid signal started though. Offering for free in the beginning and if those subscribers see that it is worth it, then for sure they might switch to paid, win-win situation. Best of luck.

Just render your journal into a Google Sheet and remove the numbers you're not willing to share (e.g. position size, risk amount, absolut P/L). Proofed is better but hard to get in crypto trading. It's easier in Forex due to the investor password in MT4/5 and services like myfxbook. But at least you could provide your track record you've recording for yourself.

it's good to show your track record, it's going to make people trust OP. or he could just post signal on Wall observer thread https://bitcointalk.org/index.php?topic=178336.0

i like watching the thread, you can see people there who are showing what they learned in trading but then there is also fud there. OP can just post here in his thread to defend his signal whenever someone disagrees.

This kind of thing like groups giving signals commonly happens on the group like social media and mostly the members of this group are sharing their experience and mostly the newbies come out to join here if they don't have a knowledge they become dependent on the decision of other people which is not good I think the first thing they let their money decide on the perspective of another trader, second they make an investment or trading to the broker they are using without essential knowledge and there are lot things but good if they just come there and gather information for their trading not to follow trading.

I'm sure they know the risk of just depending on someone they don't really know without having any knowledge the fundamentals of trading. The person giving the signal has also a responsibility to maintain his reputation if he wants more people to subscribe to his paid signals. I can say these paid signals are worth to try if you can really afford it. You are paying their experience and knowledge in trading. Just make sure that you can earn enough to maintain your subscription before it expires.

An abundance of free resources exist on trading that gives you insight into an asset, its current market movement, and the overall sentiment of traders towards said asset.

 However, copying someone else's trades without knowing their reasoning behind these decisions is somewhat useless, as you won't understand much about how they came up with the trade in the first place. If you are a novice trader, spending money to learn is allowable, although if you can get it for free, why not take that route?

 

maybe trying to use trading paid signals could give them some peace of your mind and to stop asking if that is reliable or not base on what you have experience. I courage you to try so you can appreciate how people get scam due to wrong beliefs and all wanting about a quick-rich scheme which is merely impossible to happen in real life.
Coz I know also that some are here telling what they have experienced from using this kind of service and they would like to warn us but it is for us to try then.

If you are going to invite people to your trading channel, you should at least have a good portfolio.

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As a veteran trader, I do not want to join any team or receive any signal from other people. I specify myself as a lone wolf, although my profit is small and is not affordable with what I desire. The reason is that I have spent years to build my own trading system. If I depend on somebody, it completely against my rules. You guys can say I am pride and haughtiness, but I still trust what I am doing right now

Honestly, I recommend newbie and people who have many losses in a row should consider follow signal if you are not able to trade by yourself and lack of knowledge as well as experience. But try to take advice from experts who know well-performed paid signals. Not all signals you find on the internet brings you money. Many of them actually scam. My advice is to look around trading view. Professional traders are posting their free order regularly as a trial for their full version service. You can directly contact them if you find their trading techniques profitable

Of course they know the risks of relying on other people's thinking to make money but most of these people have had some time to experience and suffer in trading, they even failed a lot and lost a considerable amount of money, by comparison, they probably understand that they are freelance more risky while if they join a paid service with a reputable merchant, their success will be higher. It is no coincidence that many groups of signals are generated and attract investors, the plan is that both sides are profitable, one is knowledgeable and the other has capital

Of course your idea is very unique a too good and it will helpful for all traders and many trader can make good amount from a community and also you said that you have six year's trading experience, so it will helpful for all.   

Maybe novice traders just want a shortcut for them to earn in trading. I recently joined free trading signal groups, It's free though so why not. I observed at first and tried to study the charts and patterns that the trading group is providing, It's shockingly near to what I am seeing on that same coin and timeframe. I don't want to justify these signal groups but I think there are some groups that can be a gateway for novice traders to learn trading along with the free trading resources all over the internet.

There are people that indeed pays for signals just for their scalping in futures markets. But there are also tons of people out there that offers it for free and even with trading analysis, explanation, and a risk that one must consider. If you really are doing it for free, you must establish a good trading history first. But if you also have a paid that doesn't really insist others to take, then there must be discrepancies between your free signals compared to paid signals. Henceforth would lead you to tell them to avail it for a better signal.

If I were you, stick only to one offer. Choose between helping others and be popular with your Trading Signals  that are free, or work very hard just to gain money from knowledge that is already available on any online platforms.

There are actually which is really helpful but you cant really blame out the community on having those common negative views or sentiments towards these paid and free groups but

honestly speaking  there are really some which are really that helpful if you do really tend to engage with it a bit and make out some comparison to your own analysis.

If its free then i dont see on why people do really have bad impressions if they can freely check it out if its really a good one or just simply some trash calls.
You can make your own decision and make out action if you do continue or not.

There is definitely a market for that, I personally would like that people which want to trade learned the skill by themselves so they were not dependent on the knowledge and skill of someone else.

However you need to understand that there is a lot of people offering similar services that are scammers and as such you are going to face a lot of scepticism as people are going to ask for your credentials and how much profits you can produce on the different states we can find the market.

With your 6 years of trading, did you always rely on it or you've made a lot just on your own? For sure there will be a lot of newbies that would like to join with such groups but if it's paid, they won't do that.

But to say that it's paid and a real signal, many won't believe on it anymore. There were a bunch of it in the past that didn't do well.

I think most of the signal providers are just analyzing projects and advising users about which coin is going to rise soon and then suggest to them when to sell them, I haven't followed paid or free signals so I am just assuming that is how it works. I have never in past and will never in future buy signals but I don't see a problem if some people are paying for good service.

When I was new, I used to chase a lot of signals and predictors who claimed they know which way the price will move for BTC, with time though I have realized that even Satoshi, with all due respect, cannot even predict which way and by how much the price will move.

Of course, I think about  90% of all the people who trade crypto use trade signals, only 10% are the real ones who do the whole analysis thing, this is because so many people find the crypto market very complicating and confusing, that's why they prefer getting trade signals from experts who really understand the market, it's not that bad I just think they are just too lazy or busy to learn about trading or probably scared of losing their money when they make trades on their own.

If you actually have 6 years of experience then you must be one of the earliest traders because if my memory serves me right, we didn't had many exchanges back in 2015 and someone who is trading since 2015 doesn't even have a decent bitcointalk profile? Doesn't sound about right, eh?

Maybe you want to share some data that supports your claims? I mean anyone can say they have 50 years of experience because saying doesn't cost anything.

There are people who still buy sports betting predictions so obviously, there would be buyers for signals, as long as they are not overconfident and fake signals. If you have some history and some credibility, this community is going to crown you but if you are trying to sell your words, believe me no one falls for it nowadays.

Does following those experts would really make a change? No it doesnt, it is much better if you do trade on your own rather than on relying into these people.
How would you learn if you are really relying into these tips if you can really make your own analysis? Better to be independent rather than on dependent on these stuffs.
You are even paying up for those tips? Its not really that worth at all because you cant really be sure about profitability.It is less regretting if you do lost
up your money in your own ways rather than losing your money just because with others suggestion or tips.

Over the past year, I bought a subscription to 5 paid channels and used several more free channels in my work. And in the end, I re-purchased a subscription to the paid channel, which was the first of the ones I had previously purchased. I have a so-called lifetime subscription, although I have been making independent decisions for a long time, but when making a decision, I always get acquainted with the market situation from the paid channel.

Well – they hand their capital to signal emitters and trust his decisions and are totally dependent on them.  If you signal emitter stops the service then what?  You're right about "scared of losing money on their own" – it's just move the responsibility to the guy whose making the decisions for them.  That's the same attitude other traders have when they blame the market, market maker, whales, institutions, weather, whatever rather then accepting that they and only they are responsible for their decisions.

Don't make yourself overwhelm because of someone saying that they got more profit by using signal trading because that was a big lie. If that only works, they use it for themselves and they never tell someone. It is just a trap for a lazy and greedy individual who just wanted to become rich even without knowing how trading will works.

If they can do TA, do the chart reading, candlestick analysis, we can still learn it by ourselves if we are willing to do it.

I am a trader too but I think signals aren't really a very helpful thing for people. Especially short term signals. It's because a trader like you would have different risk aversion and capital structure. The signals you would give might fight your style but It might not fit the style of a new trader who would follow it blindly. I think instead if you really want to help community share trade ideas as to how you chose a few signals or atleast give you ideology behind each signal so that people could assess whether it's fit their ideology or not. Just buy take profit stop loss messages Have never helped anyone alot.

Is it free?

I'm not familiar with trading signal actually, I never join free even premium signal. I just trade based on my prediction because I just thinking that when I rely on other people prediction I won't have any knowledge against it.

There are so many source to understand how technical analyst and fundamental analyst work. I guess you just need several times to understand it, so don't be tempted make instant profit because it will decieve you in the future.

It is paid signal, OP was given a link.
Well, even me --I did not participate in any paid signal or even a free signal group. I don't that it is not a good practice as a trader because that will perhaps make you conscious upon making a decision. I would prefer to stick to my trading plan and do my own research either technical or fundamental as long as my forecast in predicting price is inaccurate because we know that the price of the market is unpredictable so it is impossible to have guessed only or there is a coin that will pump because of the pump and dump group.

You can check out lots of sources if you wanted to but it isnt bad to look up on what analysis they came up or end with and you can make out some comparison.

If you are a type of person who doesnt really get easily influenced with others suggestion and recommendations then getting some idea on other sources isnt bad.
Collect on what are useful to you and apply it into your own analysis.
Paid signals isnt something that can really be trusted because those are just typical or normal speculations made up by other traders.It is much more worth
if you do really make your own.

It is really better to come up with your own and not tied to any signal group. But you can always join the free ones, and check how they are doing things. It will give you a hint on how these trading signal group operate. Won't really trust even the paid ones as they are not an assurance that you will get profit from their sources. Normally, it is already too late before you execute your order. Better do your own trading and just get those tips and tricks that you can use while you are on your own trading spree.

I highly recommend that you don't try to join a paid trading group, because most of these groups only do pump and dump it does not help their
members to analyze the market correctly. If it is true that the owner of the group can provide accurate signals it will be used by themselves.
Usually a paid trading group only gives signals coins that have been bought before by the owner of the group, so when all the members buy
the coins the price usually dumps very quickly. I said that because several times I joined the paid trading group, and cannot give satisfactory
results. Instead of joining a paid trading group, it's better to join a free trading group.

People who are new and naive, and who think that there are actually really good traders who out of the kindness of their hearts want to share the formula to easy riches for just a small fee.

I say this because I used to be them a long long time ago before crypto. Paid money for signals that totally didn't work. Got mad but I learnt my lessons.

That is the reality of this kind of service. Even you are not a trader or just new to trading, you might asking why they do this and why not just keep it a secret? If we are too keen on this kind of tactic, we surely know their real intention and that was a big opposite talking about helping noobs. Because they are not and they will not do it without taking the benefits, they are more likely they will just be milking us if we fall into their trap.

There are real paid signals that actually accurate and I don't blame them if sometimes they miscalculate the trades. Not every day is always a win trade. I should expect more on winning since they being paid to get a good signals. Some groups especially in discord and telegrams that have free signals, we can use them as a reference in our own trading. We can check and verify them first before we can make some trades. Just like any other says, trade at your own risk and not what are other risking.

i saw a paid signal that were priced high but maybe the signal they offer are accurate than the paid signal that are priced low but keep in mind that scam paid signals do exist and this can be the reason why we think it wasnt working  .
legit paid signals do fail because they are only a human that can make a mistake but they need to try thier best according to what they are charging us

I also don't have any wish to join on the paid group .On the other hand i never try to follow any signal that causes my losses .I always do my own research then enter on the market i think we all need to do like that .It will not be better to follow other signal what should you learn then so that i wanna suggest to all to do your own research .

I agree that your own research is definitely the best thing you could do, there is no reason to go play with others ideas while using your own money. I do not care what others think I should do, I do care what they do, after all they are spending their own money and that is why I think what they are doing would definitely be something of a great value, but the reality is that we do not see anything that would mean those people are spending their money in there neither, they just share information and we do not even know if they actually ended up spending money there or not.

This is why I think copy trading is a lot better than signal groups, at least on copy trading you see what others invest into, not that it would matter because I wouldn't use that neither but I still think that is at least something people could do if they are planning on something.

Cheap or Expensive paid signals doesn't really make any difference because those are still the same those casual guesses or speculation made out by casual traders out there.

It isn't really worth to pay up something for you to follow up some tips or trades.It would be much better if those amounts would be used on your capital instead on wasting it up
on copy trading groups or paid signals.

In that case you can really utilize your trade calls and position if you do have much more capital than on a limited one.

It is okay to not join a paid signal group, it is not a must. If you can do it yourself, it is much better. So, once you get big profits, you can be more satisfied as it is achieved with your own effort. While if you failed, you don't regret it because it is your own decision. However, we don't blame those who want to join paid signal groups, especially joining reputable signal groups. It is the individual right to join or not, even someone probably needs it as he wants more chance for profits on his trading or his investments. It is not a bad way, as long as joining reputable signal groups. But always remember that no guarantee to succeed in trading or investment by joining the signal groups, it is only the way to improve the chance for profits.

This does only work, if you know and understand the decision process of the signal emitter thoroughly.  And usually that's never the case.

Traders generally don't follow these types of telegram signal groups these days because of increasing frauds day by day and it's really hard to tell which one is legit and which one is not.You need to provide your history charts of trading and profits margin and your user experience who gained under you guidance and that's the only way people will beleive you and subscribe to your paid service.Moreover what coins you suggest will also be a considering factor for the people because most of the times these groups promote shitcoins in the market as they are scammers and paid promoters for such coins who get their share easily.Proof of legitimacy is key factor if you are providing services in this highly volatile market.

Besides paying the signal, you need to have basic trading skills to follow the direction given to the members. But I do not know if that signal comes from someone who really knows how the crypto market works. I have already seen that many paid signal group share their signal to many groups and invite many people to join in their groups. But the signal that they gave to that group comes from the other groups we do not know. So that will not easy to understand or follow the signal, but that will be up to you.

I am not familiar with paid signal. I think,  To be a master minder trader is the dreem of everyone. I was follow some free signal in my beginning. But the true is, I can't make actual profit from that. I don't know much about paid signal. From my opinion, Market analyzing and research is everything in trading.

Inexperienced traders who are all not comfortable in generating their own signal due to lack of knowledge in technical/fundamental analysis, might be preferring buying signals to risk their hard earned capital. I am sure there are plenty of signal providers in all segment of trading (not just in crypto trading); because this must be a billion-dollar industry where people are simply giving buying and selling levels with zero risk for them.

Even you might have traded with the paid signals, the final results in your trading might not have big changes. I mean both free signals and paid signals are not entitled for big profits even they are claiming 95% accuracy with paid services.

Yeah, the ability of generating trading signal must be the core part of successful/profitable trading. When you are missing that core part then definitely you cannot expect profitable results in longer run. Even you are buying signals, you must have the capability to verify them rather than blindly believing into someone else.

- The efforts of ourselves or the efforts of others, all is not as important as being able to make money, many investors always try to be arrogant about their talents and selves, very little trust in signal groups but they never realize that a small fish will not swim too far in this market, the system of paid signal groups is huge and has many members, here our chances are really enhanced. Besides, the pay signal groups will be relatively reputable, the probability of them winning will be relatively high, sticking to them is really a solution if we have too little information and skills.

Signals don't work that way unless you join on a fake signal group. A legit signal group provides both technical analysis and fundamental analysis on the specific token that they are going to have a signal. Signal group or page intends to help newbie trader to easily spot the coin that showing a good buying opportunity for trader. It just happened that most of the Signal Group available on crypto are scam that's why the image signal group become negative.

I'm honestly not a fan of these paid signals. They are not accurate because the cryptocurrency market is highly unpredictable and has high volatility. Moreover, these paid signals doesn't guarantee you always a profit every time you buy that coin or token. I usually use Newscrypto's trading signals in their platform which is free of course, but it's also not gonna give any guarantees or promises in results. We just have to learn how to manage our risks very well.

Most of the telegram signal group are fake and they are taking the money from inexpert person. In your purposes, how can we trust you and your team? What is the proof of your 6 years trading?

I think the trader's signal is not very applicable to those of us who live in an era where it is easy to access any facilities. enough self-taught learning from social media is also very useful. depending on how intelligent a person is. however, apart from that it all comes back to the OP, because as far as we have experienced it so far since getting to know the world of crypto trading, we are not too dependent on trading signals. plus paid, so it is very brooch if you have to pay a fee, but the results you get are almost the same as without a signal.

When deciding to join a paid channel with signals, a test period is usually used, during which it will be possible to track the accuracy of the signals. Therefore, the owners of such closed channels have open groups in which they spread a small part of their signals. For many, this part of the signals is sufficient, while others buy a paid subscription.

Yes there's and they're mostly the new enthusiast that picked interest in trading solely for the purpose of making quick money. They're not interested in acquiring the skills that cones with constant practice and perfection of our own strategy instead they want to profit from others knowledge by duplicating their trade and most time this doesn't go so well as planned but when it does go through they profit massively.

The disadvantages of this is when they lose they don't gain anything unlike the traders that analyze the market themselves they get correction on things they didn't do right and when given another opportunity by the market, they leverage on their past experiences and slowly they become professional on the field.

I would like to join you only if you can show a good past record of accurate signals. Since there are too many signals groups and most of them are only to make money without giving any quality content. If you have 6 years of trading experience why not proof it first and show some of your free calls here so that we may analyze your skills.

Yes, there are many people who are willing to pay money to join VIP signal groups from veteran traders. The most famous one I know is DMan from blockchain whisper telegram. Personally I am not a fan of this type of groups but I am a member of few of them to have more insight in more different coins and some opening projects.

My friends are using that kind of technique, I think the name of the guy in telegram is "Cryptoshi" if I'm not mistaken and he always put his TA on his telegram channel and I could say it's always pretty accurate for $25 per month of subscription if I'm not wrong. However, this kind of method in Trading for me is not really recommended in the long run, I meant not all of the time that person who is giving you signals will always be there.

In short, you'll never grow being dependent to someone with a fee, but other people grab it since it is the fastest way to make profits but you failed to gain knowledge and experience.

If you can afford to risk in One time trading ? then why not try Luck right ? Look at those trading signals that requires High Amount of fee but what you are paying is worth it.
But Me? I am not capable of having such service because of the fee , and also i limit my trading now instead I love Holding for more secure and safest investment in cryptocurrency market.

Definitely. I would love to receive a few trading signals, especially that you have enough experience. As a matter of fact, I am a fan of those trading signals however, I just don't want to subscribe if it is paid service. Besides, there will still a chance that their signals won't work out. I know that there nothing free in this world but I think it is better to use my money as an additional investment rather than using it on paid signals. I can trade by myself however, the difference in my experience is nothing compared to your experience so the only distinction is that the outcome will be far different if I make my own TA but I can still somehow pull it through.

In fact, many have warned about premium signals to avoid because they often make pumps and then throw them away by the usual admin like that but to be honest I have never joined a paid signal because in my opinion it is inconsistent with facts.
So still with free trading signals it doesn't matter if we are suitable then follow it if we have our own analysis then it is much better to use because this is trading with more powerful analytical techniques for myself.
Whatever the way, we will definitely find a way where we will understand the same as those in the premium signal.

I guess newbies do end up trading with paid signals. It is almost always newbies that fall for "pay a bit to earn money very quickly" trap, and if you can convince someone to go into bitcoin for the first time, it is easier to convince them to buy into paid signal groups as well, they see it as investment as well.

So, I think it is newbies but there could be some greedy people who got lucky with some coins and later turned into other stuff to make the same amount of money, I have a friend who recently joined to crypto because of all the hype and made insane returns from chilliz and that dude nearly spent 50% of all his profits on new investments and these type of silly stuff. In the end some people who are greedy could be the target but I am sure 90% of those people who fall for these type of tricks would be newbies who recently joined the crypto investment scene.

I think there are few participants here with as much trading experience as you have. But in any case, you need to confirm your words, because anyone can say that they have more trading experience than you. Some experienced traders have closed and free channels where they showcase their trades. Can you show links to your own channels?

Indeed, in the long run, everybody needs to learn how to know it him/herself. We cannot depend on others every time, there should be time for us to do it in our own way. That's why we need to learn even if still follow signal groups. It is because the signal groups may disappear at any time, or the signal isn't effective anymore someday. Also, to be a professional trader, we need to master all the knowledge or technique in trading, including mastering the way to predict the price through chart patterns and fundamental factors.

We can never succeed and become a full-pledge trader if we keep relying on others. We need to stand our own feet and besides, these trading signals make no good. I'd sometimes use trading signals before but that was for the intent of getting ideas from others compared to mine and find it no big difference. It is might because they are doing their own speculations also the same thing as what I do? That seems to helpless if we can do it.

Making trading decisions using footing the market possible future trend information footing the data received from paid signals group is unacceptable cause we're talking about investment here and making investment decision footing what an outside said is an unintelligent habit because a lot negative views were already said about the signal group and only naive crypto investment still believe in the paid signal.

Good if you want to share trading signals in the group for free, maybe many also want to see them first. But I admit, I once also joined
a paid signal group but not all accurate, especially when the crypto market is bearish in the long run, shared the paid signals do not worth it.
So I now always rely on the results of my analysis although not perfect, but as long as we can keep it, I am safe all this time with my analysis.

Most of free signal are just plain bs, even I knew this one trading signal group that was supposed to give away signal turns out it was later bought by some scammer and being used to scam the group member and honestly unless I know the owner of trading signal in real life I won't trust the signal even if it's paid. so many cases out there about the so called veteran trader offering signal but flop so hard.

I feel not right if I need to pay the paid signal group because I can use it to start trading. And even if I do not have much experience and knowledge about analyzing the market, I will still trade. I think we can profit, even if that is a little profit because as time goes by and we have better skills, our profit will be bigger than the other trader. That will just a matter of time for us to make a bigger profit like them, so we need to be patient.

Well, having the help of others is not a bad idea but just to limit then and we have to make our own market analysis, and prediction. These paid trading signals only make people becoming dependent on others but seeing their result, you can't tell that they are not improving but just seeing them going at worst.
A trader who wanted to learn and gain knowledge more will never rely on other's help but instead, they push themselves to discover more through experience and continued search. If the others can do this, that is impossible if we can't, it really matters on trust and perseverance.

Yes that's true, i've seen a lot of cases like this, whether it's free signal groups or even paid signal groups, both of them are the same i guess, none of them are dependable enough. I'm not saying that those signal groups are bad, there might be some signals that are true and able to give the members profit, however with the market situation that's so unpredictable, i guess it's hard for it to be really effective and be true all the time. Some might scams, some might facts. No one knows. I guess taking them with a grain of salt it good but don't depend too much. Be sure to do analysis on your own as well.

I think "all" are bad, because the good ones become private very quickly, and you do not hear about them for too long and even those end up not being awesome. People have to realize the fact that bitcoin (and other cryptos) are not like stocks, you can't just check the indicators and look at the charts and try to predict what it will do, hell even one tweet could ruin all of your research.

This is why there is no way that a signal group could survive for too long, it might be right a few times but that's it, it is going to end up not being good at all for a very long time, that is why there is no way that people could actually profit from signal groups. It is against the whole idea of crypto, it is a decentralized unregulated market and it does whatever it wants to do without anyone meddling with the trade, which is why it is highly unpredictable.

I agree. These days trade signal groups are not to be trusted. Unfortunately, these mostly target new crypto enthusiasts in an attempt to capitalise on their naivety. Having said this, there might be some signals which are worth looking as they might hold true for a long time. For instance any groups who showed some data that BTC should be bought in 2020 anybody who looked into that by now would have realised that was a smart move to make.

Though this is only an example, but the morale is that you have to look into all the different types of data and not just rely on what other say, be your own analyst and decider.

Doing your analysis before trying to follow those paid or free signal will help you to save both time and your investment.

Lots of followers do things blindly and blame those groups once they've failed and lost their money, with high volatility, even there's true group around it will also difficult for them to predict what market will bring them.

You can use the help but never to relied everything, it's still best that you have your own assessment while working with your investment.

Having your own assessment is much more preferred than on completely relying into something which isnt even predictable.Those group owners are just also making their own speculation and guesses
which are also basing with their own analysis too.

If they can do such thing, why wont you able to do that too? Its not bad to make out some peek of those information which might be helpful on your part but most of the time
its not really worth to do so.

Trade on your own ways and methods which i can say it would really be much more worthy, not only just saving up your money but also you do gained up experience.

@OP, what an awesome intro with no real trades' pics, no information about your most traded pairs, nothing and you just said that you've been trading for 6 years? Where are your stats?  :(

Anyways, I never paid for signals but yeah I follow a free channel that I guess almost all of the forum members know about - Blockchain Whispers Baby! ;)

I am one of those who periodically trade with paid signals. For me, it's more of an entertainment that brings a little profit. I found a trader who sells quality signals, and if I want to trade, I buy a monthly subscription and trade for a part of my deposit. It is safe in the current market as the market is growing and I have no losses. However, in a bear market, I would not do this.

Anyone that rely on signal to trade is just pushing the owner upward. Before anybody gives you signal to pump him/her, he/she is already in the market. Be wise, learn the rudiment of trading and stick with the one that work best for you

I have the same opinion and position like you with trader who join paid signal because I worry with owner of paid signal always be later for giving information about coin to buy or sell, they always early have position for entry buy but give update later when price going up, you know what happen after ask you to buy and they will sell coin.

I am one of those who have traded using paid signals and I have not had very satisfying results. Maybe a little bit better than free signals,
so I don't recommend trading using paid signals, it's just a waste of money. And trading paid signals does not increase my trading abilities,
so the benefit they give is very little. I prefer to trade with free signals, but still signals that are obtained we need to re-analyze again.
To be safer when trading and we can also compare the results of the analysis we do with the free signals we get.

Using paid trading signals make you become lazy to make your own analysis because you can get the signal buy or sell. But if the signals are wrong, you will get the loss, which will not be easy to recover if you do not try to analyze yourself. Still, if you get the signals from any trading signal group, you need to analyze to find more sign that can you use for yourself. If you can have better skills and get the signals, that can give benefits to you as you can trade without a problem.

Sure, there will be a lot of people who are going to be making use of paid signals from for their day trading. And if you would like to convince people then you have a long way to go with that, and I think the first thing you will have start with to be able to convince people will be to be an active member and stick around for a long time, because nobody is ready to trust a newbie with their money.

And the next thing is to have proof of what you do, if you’re providing the signals then you have to prove to them that what you are giving to them is reliable. That’s not the only things, I think you’re supposed to have trials for those who wants to try it out without paying to prove to them that what they are about to pay for is reliable.

There is nothing wrong with trading signals. It is only a reference for the price at which you have to buy and sell it. But the problem is, who is the signal maker. If the signal maker is a professional, maybe he can still be trusted but not 100% accurate. But if those who give signals are only people who are not clear about their trading abilities, then you need to be careful, because there will be many traps that will plunge you. Want to profit or lose and it will not be fun

In such a business, there are a lot of scammers who are not trading professionals, but try to give trading recommendations that, due to their inaccuracy, can lead to losses. There are also scammers who simply sell trading signals that they themselves receive from open channels. But if the signals are presented by a professional trader, then you need to follow them, but here another question arises - the prices of such signals.

Scammers are a lot in the crypto world, it is a great place to be a scammer because you are both anon as you can be and you also end up not giving it back or have a paper trail. So, let's say I come to you and say that if you give me 100 dollars worth of bitcoin I will give you 200 back in a week, that will result with me taking your 100 and I will leave and nobody can do anything about it.

There are tons of fiat situations where people are scammed anyway, even though it's proven that people were scammed, others still do it without fear of justice because they know at worst they will end up running away with the money and living a great life. This is why I think it is obvious that we should not be focusing on anything that would make things harder for us, it is going to be a lot easier if we just carefully examine everything we do and where we send our money.

I may be able to follow it, if you have a premium version, please also make in vesi free, because we have to have a strong handle in order for us to believe you are an experienced trader. In cryptocurrency codes are the most honest.

Nice try mate. I hope they will give you what you wanted and hoping also that you'll never regret it or this paid signal group will be proven guilty.
But I don't expect him to make this free, that actually a paid signal.

Anyway, OP isn't replying back on this thread and I'm not sure if he wanted to continue promoting their services. People had already look it down and that seems impossible if someone will truly have the intention to acquire their service or just also to trick them back :D

Obviously, buying signals of this kind should only be from a professional, while before buying it is critically necessary to familiarize yourself with the trader's statistics. It is desirable that these statistics are not for one month or two, but for several years. But unfortunately I have not yet met a trader providing such statistics. You need statistics for at least half a year or a year. The fact is that it is very easy to trade on a bullish trend and statistics for several months of a bullish trend will not show you anything.

So far many trading paid signal always give very late when entry coin, I don't know they make late for giving signal or really analyze about when have to entry, I see when price was higher more than 15% signal given and make me think again is good or very risk to buy. Never any exact time when coin really have lower price to entry.

I trade cryptocurrencies with daily timeframe once I am late in placing a trade at 1.am G.M.T that is when a new candlestick start it daily formation it will become too late to place because the price must have moved due to it volatility how much more a paid signal provider that must have wasted much time before sending its signals to their numerous members, this will definitely result to most members losing many trades due to late arrival, I don't recommend paid signal for any trader.

Mostly those signal providers will not care that; instead they will simply claim about the accuracy of their calls. But, when we are not getting signals on time, that will definitely end in big losses but that is not the concern for those signal providers. Even with some low number of subscribers based signal provider also not providing signals on time because they are trading themselves which means first they want to trade based on those signals and then they are sending to their subscribers.

Overall, there are many factors influencing for paid signals to become ineffective for its subscribers. But the providers are making easy money every month.

Traders who have that capabilities will surely enjoy the benefits and hide himself away from anything,

imagine you are earning from the field you'll not want to exposed your bread and butter system just

for few pennies, Paid signal might work for a while but the consistency relied with traders knowledge

and the will of enhancing the system from time to time.

Trading with signal isn't bad, it helps a new trader to earn while he learns how to analyze trade, but most new traders isn't interested in learning there just based on signals. How good a signal is depend on the source, we all know that no one can predict the market perfectly like 100%, even good traders lose in some trades and later still make it out in profit depending on how there manage thier trade, most time giving signals isn't better enough ensure the signal passed on is used properly because some people will end up being in lose while others are in profits.

Trading signals don't work as you expect them to, even if you joined one of those more legitimate ones.

Specially if you mean one of those channels that pump and dump low/mid cap altcoins, as far as I know most people on those channels just lose money whether it's a paid or free signal, and the main reason for that is the fact that trading bots would buy on those signals way before you and there's a very good chance that you end up buying the top and losing 50% or more on that trade.

And that's not considering the fact that these signal groups buy that coin/token way before you, well, since they know what's the signal going to be, so they have to dump their bags at some point during the pump which usually ends in something like this:

https://i.imgur.com/2FIj9xJ.png

How buying signal will help new traders to learn? Because, I'm sure when you are buying signal then definitely you will try to make profits out of those signals and you will get busy in trading but you will never find time to learn the basics of generating your own signals. If you want to analyse trade then definitely you should not go for actual trading until you get ready to generate your own signal. Only when there is a constant push, you will look forward to learn more so that you could get chances to crack profits out of markets.

Buying signal must be a lazy way to trade. Moreover that will not sustain for long time as you are depending on someone else who may not maintain their accuracy all the times which again definitely risk your hard earned capital one day or other.

- New investor passivity is probably very common in the crypto world, approaching signals with the simple thought of receiving the message and following the parameters already available then turn off their computer and hope for success, as a result, their processing capacity is very poor in particular cases. Signal source is only one aspect of profit making, it shows one direction of the market but this market is multidimensional, signal interference may also occur and this time is in need of investors' expertise

The advantage of having paid signal was you will have early access on the coin that they will shill soon. So you can enter a position before they release to there public signal channel. Most of the premium signal group has a public channel for shilling the coin they want to pump. They will just find a coin that shows a strong buy signal then release it to the public without trend confirmation.

The common victim of this signal modus are those retail investors that watching all the public signal group.

Then definitely buying signal must be the way to trade for lazy traders. I'm sure there are many such kind of traders are existing even in this crypto space because they want to do something active rather than focusing on easy way of making profits. Or else, there are greedy people who wants to maximize out of their capital so they are trying in trading rather than going for long-term holding with bitcoins. This kind of people are definite candidate for buying signals.

Moreover. This is not for lazy traders, but rather for those who do not know how to trade at all. After all, a lazy trader will quickly be able to distinguish truth from lies and understand whether signals work or not and what needs to be done in order for them to work. \
Therefore, most often, such paid groups are designed for those who do not understand trading at all.

Can still be considered on that lazy part because those who dont have knowledge or just simply doesnt make any single step for them to learn up things would probably be ending up with
this kind of option on where they do just simply follow on whats the most convenient way or method for them to take without breaking a sweat and this one is the most common
option or path to take where they do rely with signals or following up someone when it comes to tips and copy trades which i dont see for it to be worth for longer runs.
Nothing beats out on learning up trading with your own hardwork without relying others information.

What wrong with paid signal? although you have been six years in trading world not all altcoin could be control and I think with paid signal we know which one coin worth and have potential growing up. But if working alone we can miss maybe one or two coin can  growing up but I think only take chance with one coin only is better than have focus with many coins and not get more profit.

Yes, there are people still make use of paid signals here,probably people who don't have time to analyze the market or learn trading properly, those are the people who would be interested in your paid signal groups, although not me paid signals is not my thing since it won't help me become a better trader in the long term, since I will going into trading as a full time occupation sooner or later, I would pass on this.

If you have a free signal group then please share with us. So, it is helpful for us. But please share a group that is legit and sharing good signals. If you know any group then please share with us. Paid groups fees are very high so it is very difficult to pay a fees for small traders.

I like simple way because not smartest for analyze and try with paid signal and so far most effective more than 80% signal or paid group always correct, but some time could be wrong when bitcoin suddenly dump but this always have chance to going back on higher price, if don't get good signal maybe I buy potential coins have dump on lower price and waiting when price really on cheapest.

The only reason i never used paid signals is because they are created to make money for themselves giving fake promises and you do not need to pay someone to understand the general market trend and if you are really keen on trading all you need is to spend time in chat room and what developers are planning to implement and when and if you are aware of the dates then you will know that the market will pumping.

I think you learn to about trading with Your own way without others helping. It will be good for You.I think need to better experience in trading.Then you make good profit by trading.

It is true that trading by own experience is good but paid signals work also. You have to find out which signal is close enough. We shouldn't follow fake signals on telegram group. It is better to trade by analyzing market and it helps to gather more knowledge.

Have you tried using it? I mean that trading signal works?
As you have said NOT all altcoins could be controlled, does it means that some of them are controlled by these groups? Probably not, because even there is such a market manipulation, still the market remains unpredictable, isn't it? That is how I look into the trading signal group isn't effective as I stand thinking that nobody knows what will happen next. The truth is that, that only their guesses and I know we can do it as well.

I joined paid groups for their signals and trading. But with a limited time. So for me, it is not worth it or maybe I am not just ready. I realized that learning how to trade has a different timeline with each of us. Some learn easily with few months or few days. Some take years.

I never agree with a strategy to trade using paid signals, for whatever reason that strategy is not justified and does not comply with trading advice, trading must be based on a plan made by yourself, not following other people,
if you do not understand how to analyze the market, then it is better to invest in the long term, because the risk of trading using someone else's plan carries a greater risk than the profit you get.

Using trading signal is only for lazy people who trades in the platform. I don't know, but this was I saw for several years.
Moreover, this is also not accurate because it is still good to implement the natural way of trading here in cryptocurrency.
But of course, the choice still yours dude. Good luck!

Agree, some might argue that paid signal groups still have some degree of credibility but we should take a close look at this process, if promises and money could come so easily in crypto, many people would not have lost so much money and the crypto society became the rich class of the vast majority but the reality is that very few people are able to remain profitable with crypto. After the paid signal groups have received the money, even if their promise cannot be fulfilled, we also do not receive a refund, the law is not here, so don't trust them and be alert for such tricks

Yes, there are still people who rely on trading signals to buy or sell in the crypto market, I feel those are people who have had bad experience trading on their own and now they prefer taking instructions from our traders who are deemed trading experts, if your signals are cheap and has a good win rate, I bet you would get some people who are interested here.

Bad experience alone may not be a reason; naïve traders are straight away go for buying signals for their trading when they are set with some capital and decided to get into trading. Lack of time could be a meaningful reason for buying signal but new traders preferring to buy signal shows how lazy they are and I am sure when you are not ready to give your dedication then you cannot sustain in trading.

I guess does not need to be cheaper; but just being more accurate itself more than enough criteria for more number of people to come forward to buy. Still, I am sure there cannot be any expert to generate 100% accurate signal all the times.

The first experience related to trading will be very influential for traders in the future, especially what they get is a bad experience, they might limit themselves and are afraid to trade directly alone. Therefore they rely on trading signals from experts, as they feel it will be more profitable for them than predicting and analyzing them themselves. However, this will make us become dependent, when we will be faced with uncertain market volatility, and many experts suggest different signals, of course you will be confused later, if you choose the wrong one, you can lose. As a trader, you must be sure of your own choice or way, seeing trading signals is not a problem to be used as a reference source for your analysis process. Don't completely follow the method, but take advantage and combine it with your mindset about it after you analyze the chart and market conditions. That will be great, because you will know exactly how volatile the market is going on, and it will help you figure out what action to take later.

Do you have some examples of the signals are you using? Is it a program you are using?

I traded in the past based on some black box system which offered a variety of signals. You had to buy monthly subscriptions for the program to get the licence. In the end I made some profit but the more I used it, the less comfortable I became with receiving trading signals without knowing how they are generated.

I could not get your point; why you started feeling uncomfortable when you were making profits with that signal provider? If I were you then I might have continued to make good money to multiply my capital. Probably you might have dealt with some exchanges where operator based signals are being provided before every dump and dump process. Some people do not prefer that kind of money because they do feel that it is like money from naive traders by trapping them through bumping and dumping.

I doubt that there would be some people who do really think up this way because majority will really be doing it no matter what and this is a market where neither those

buyers and sellers could really clash out and trying to make out money and its not a right  time to be mindful or having some conscience thinking off into those other traders in the market
that had lost their money.

You are right that I would be cherishing out on making use of it when I do make out profits with it and just jump out if you do see something wrong around.

many people here probably use paid signals in trading. but believe me paid trading signals are only suitable as a companion to our trading. because the main thing is our ability skills.
but I appreciate it for anyone if you want a variety of paid trading signals it will like to add experience

I quit of following paid signals at 2018. I am involved with Cryptocurrency trading from 2017 and still I am a trader though I don't have big budget. From the very beginning of my journey, I did follow a paid group and joined with them to make me gainer from trading. Unfortunately, I can't make profit by following it and my funds were getting lost for wrong signals. And after realizing it, I quit to follow those signals and till now I don't believe any paid signals are working though there are many good people who shares the actual value. But it is hard for me to believe again.

they seem to be accurate because we are in bullish market but in fact its not I remember at bearish market in 2018 all of the signal group are closing their account and run away with customer money   :D

Most of the free signal groups are fake, they are pump and dump groups giving out free signals to build confidence at first. I was a victim of two free signals group last year losing about $400 buying shitcoins.

The mistake of sheep is to always accompany wolves, groups of paid signals frequently create a brand image with a relatively high statistical probability of return when they enter this market, they create curiosity and they define the good direction in the market and when we go with them, they start to swallow our money. Sometimes they are just people who steal copyright from other groups to create reputation, trust should be given to the right people, not the people that make us their tools

I don't really believe in paid signals I believe lot's of groups you are paying to join must of them are scam groups, I believe as a trader you should learn how to make your research yourself and stop paying people for signal because must of them fail and they don't really care because there fund is not there. The people giving signals in group are just the way you are and some don't even really know much about cryptocurrency they are just after the money they will collect from you so from my suggestion you don't have to ask anybody before you can buy a coin even if you are getting signal make sure you do research first before buying a coin.

Oh sorry for your losses. I do see this like risking your hard earned capital with free signals must be a very big mistake; no trader should not go for. Because if you go through this community you can see, how many people are sharing about their bitter experience with paid and free signals. I mean even with free signals, you cannot make big profits in long run so from that you need to understand yourself how free signals will be working.

You can easily achieve that because learning these days is very simple, big thanks to YouTube videos and lots of other trading related services.

Honestly not all the people are aware how to make use of this community effectively; most people are simply coming in and then writing something but never finding opportunity learn from others' experiences. If we are listening to others then probably we could prevent lots of problems these days in crypto trading environment.

In my experience also, both paid and free signals were not efficient. Moreover I'm not finding any big differences on both of them but both led me to lose my capital.

If you want to make money trading in the long term, yes. If you want to find an easy and convenient way to make money trading without your own efforts, then before you find it, you will lose a lot of money, if you find it at all. People go for it because they cannot cope with the inertia of the brain, they do not assume what they can do if they put in a sufficient amount of effort. People are not ready to pay with efforts for the result, she wants to get the result here and now.

there are lot of paid signals in trading, there are trading whales and group that is capable of hyping a specific token or coin. if you paid into them they will surely give you some signal info on what to buy and profitable. trading experts and whales are capable of doing dump or pumping a coin,

Is it worth it we pay to follow the signal? I think for now it is better to do the analysis yourself. if you don't understand, you can take paid learning. this is much better with the same pay we can get knowledge. if only follow the signal, of course we only depend on the signal without being able to do an independent analysis. this is certainly detrimental even though we can get a profit

Well most of this paid signal groups are pretty exclusive that I don't think it will be pretty easy to find a legitimate one because most people who advertise this service are either ineffective or a scammer.

You mean it will be hard to find legitimate signal providers? I am also thinking so.
Because group of whales are easily making good profits out of some signal but individuals are not able to.
It means we need to pay very high fees so that we can get such type of signal otherwise we will be getting ineffective signals which may be working some day and may not some other day.

A "real" traders, professional or not, and some analysts are too busy handling their respective portfolios. They have no such time for organizing these signal groups or whatever so there's no such thing as that.

If you see some groups aggressively getting some members to purchase their so-called "premium signals", then give it a red-flagged.

I tried crypto chipher for some time and i can tell it works but you need to have a lot of money to have good profit. Signal work and are based on trading analysis.

Why we need lots of capital to trade along with their signal? I am seeing 2 possibilities for your statement:
1. Either they may give short term signals so we need to have more number of positions to gain significantly.
2. Or, they provide signals for multiple assets at a time hence we need big capital to open positions in more number of assets. This way, some signal will work for profits and rest will lead to losses. But, overall profits will be possible as they cover more assets.

An efficient signal provider must support even small capital based trader as well. But, I am also seeing some premium signal providers are sitting limit for capital to avail their services. But, I will not justify their rule.

I agree, signal owners should also pay attention to small investors, which they also have to set up retails in order to have a solid community. sometimes if we think of small capital with a large amount in the end it also becomes big capital too. however, sometimes small investors are more sensitive and impatient to build strong foundations

there are lots of people of course using paid signals, but maybe with a different technique. it seems for them to mention their paid signal will be difficult, we can only get stories from their experience not paid signal technique. that is certain they are using and some are not using