Bitcoin Forum

Trading in crypto could be a difficult task that not so many persons involved in trading do actually make the kind of profits people assume that traders might be making when compared to investors that are only into HODLing. As a crypto trader a lot of serial capacity building in knowledge is needed on a daily as it is a necessity for sufficient and profitable crypto trading journey.

But, a wrong trend I observed among some group of crypto traders is that of a framework of so much interest in paying for trading signals stead of taking the pain in keenly learning  to build a robust knowledge about crypto trading.

As a trader that relies on buying signals, how confident are you about the continuous availability of those signals. Would they always be accurate and dependable?  Heavily depending on signals is parallel to same thing as someone else trading for you with your money. How ironical!

Don't get me wrong. I am not condemning buying of signals perhaps it would be more accrue-able, profitable and less vulnerable for you if you're knowledgeable in crypto trading and  decide adding up with buying of signals if need be. Learning about crypto knows no boundaries.

As a trader, you will need the full knowledge and experience from learning how to trade coupled with other trading indicators that could help you fastrack your trading experience and the required informations needed through the use of those trading indicators or signals, if we can afford buying some there's nothing bad while most are there for free, however we are to note this that the use of these indicators are not a guarantee means that we must have a positive trading experience by all means, we are expected to reminis on different data and statistics to arrive with a desirable outcome.

Exactly, this is what i have in my mind from the start about these signals because at start i thought why we should give 20$ per month to a stranger to whom we only know via Youtube, and tryst our valuable money on behalf of there signals. But then i thought many people are doing it and they are sharing some of there VIP member's profits too in the group. So i thought i should calculate there signals's accuracy manually.

Well, by doing that, i have narrowed down some good signal provider, who not only provide the signals but also provide the back story of it, which is really good. Making money and earning both at the same time is what i meed and they are providing. But still i do not know why i hesitate to join them, maybe because they have asked us to come with a capital of 500$ if we want to start trading in spot.

Because till now, i have not manged to save that much money which i could risk. So from now i am just ignoring this and trying to learn on my own and tbh when you have a person (experienced one) near you, you grow faster. So i prefer there is nothing bad in following signals which tells the backstory of that signal too, but there is no benefit in following the signals with no background knowledge like why we are doing it and why we should set these target what premises are we calculating it on.

Yeah close to that, like you pulling the trigger at the instructions of a commander behind you. I think signal patronizers are not really interested in the act of trading, to them the act is boring and they want to quickly go in for the profit. They go through this risk and not concerned with the losses if it comes. Maybe there is a set of class of traders like that, that only do copy trading while they invest their time in other businesses.

First of all, better to say what I've always said before, even before crypto, even when forex was new. Signals are not guarantee of profit. They CAN be useful if used together with strategy as a sort of alert to follow your strategy anyway.

Same thing for gambling, people sell all kinds of arbitrage tips and signals (like trading but with odds) and you won't make money if you blindly follow them.

I will not totally discourage a trading signal, that's if a good one is located. There are some that could be trusted, and there are some copy trade programs that are worth joining. But the best is to learn how to trade yourself, after all, you will be using your own hand to lose not that someone would cause the loss of your money.

Still, the question is, how many people have time for trading or can profit from it? It's easy to trade and be successful in your imagination than being practical, which is why they are looking for external help, and I will not blame them.

That was bold and clear to understand OP. I know signals could help but not to the point of relying on them because they are just good at first but in the long, it was not helpful anymore and the people who got involved with this will benefit the most while the trader will get losses and less knowledge.
 - if we want to improve and succeed in trading, therefore, we have to stay away from these signals instead, do it on our own. Because it was easy to do TA when we have knowledge of the market and most especially in trading where profit can be unlimited. Unlike in the situation where we just rely on others' ideas and our future relies on them as well. If they fail, we fail the same.

Knowledge itself is helpful but not enough. You must practice, if you don't practice, the knowledge you learned can not help you. From knowledge to practice is a long journey and you will need lot of time for practice to master what you learned. If you don't manage capital well, you will lose all capital in practice.

They are lazy and want to go with an easy way but if they don't have knowledge and experience, lack of ability to manage risk and their capital, they will lose all very easily no matter how much profit they got from trading signals.

Traders must be independent in their thinking and decisions. Joining signal groups, receiving signals and depending on signals and groups are not good. If those signal deliverers are right with their analysis, you get profit but oppositely you will lose capital.

In addition, many people will buy coin before you receive those signals. They can be those signal group owners or members of internal groups and you will be like liquidity provider for those people to take profit more easily.

Of course it is way better to have the knowledge than waiting for signal to decide on. The knowledge in itself is however only justified by the right application.
Joining communities of like minded traders, following news and listening and reading articles can very much improve ones trading knowledge that it becomes very easy to follow the guts when trading.

The knowledge also helps a lot to save one from scammers who pose as buyers or sellers inorder to swivel you off your funds, but you having gotten the right knowledge and terms and learnt the tricks to catch a thief will soon learn that trading is beautiful with much gains.

What signals do you actually mean?

Is that coming from a self proclaim trading coach? Or it came from a telegram group telling that they could pump a token or coin?

If you are a trader its good to know basic fundamentals or even get a signals coming from your chart since this could give you a possible hint to know the next move you wanna do. Compare if you only have knowledge on trading which is not actually enough since to many crazy conditions happened in the market and its hard to trade with it by having a knowledge only since you might caught up for not doing proper market analysis.

Just keep in mind that if the groups that are providing you with signals disappear, you will feel void. Though there are still a ton of newbies that are availing themselves of those signal groups, we know that others are too lazy to learn trading or it is difficult for them to learn, which is why they just subscribe to those signal groups. But if that group just goes away and you don't know how to trade, what will you do now? For sure, you'll find another signal group that works for you. It is really better to rely on yourself than on someone else; it is a sign that you don't trust yourself, which is why you are just joining signal groups for the sake of profit.

Knowledge is very prioritized, because if you trade without having the knowledge of how to trade and read the market well, then you are just trading without any foundation and just following trading signals that you don't know where to get.
That will be very risky to lose. There will be no one responsible if the signal makes him even more lost.

Should not just rely on signals from others. Learning to analyze independently will provide better knowledge than relying on others.

See how many people have lost because of wrong signals. There will be no prediction or signal that is 100% correct.
Even a professional can be wrong in reading the market, let alone just a free signal that will only trap someone.

Trading knowledge is very necessary because signals not always work and as you buy signals so sometimes you have dual problems like your signals will be wrong so buying and selling will take place in wrong direction and your money will be wasted by buying wrong signals.

I think those who have complete knowledge does not have any need to buy signals because they are experienced and they know what should be your next step. Experts not always buy signals but actually they use their own mind which should be a better way of earning so try to learn by yourself so there will be no need of spending money on signals.

You're right that if you've trading knowledge, whether there is a signal or none, you'll get there and you know what you're doing. So, let us say that there's a legit signal and you're able to make it. You'll understand more about what you must do whether to believe or not because you have an idea of what's the market situation.
But if you're just too reliant on it, you're likely to get fooled by those signals because those that release it can just give you fake ones or nonsense signals at all and they'll determine that the people that have availed their signals are gullible folks that will just take anything what they feed them.

How will you be planning to make money and you won’t want to dedicate your time to learn, if you are looking for trading signal in cryptocurrency trading, then you won’t be able to stay long in crypto, and I don’t even their is anything like trading signals, am sure those people providing the signals, if they really have it they won’t be stressing themselves looking for people that they will sell it to. Those people claiming they are providing signals are just after money, if you pay them they will recommend a random coin for you to trade, if you are luck then their guessing will be right and if you are not lucky you lose your money and they will apologize to you and recommend another coin for you to buy.

Am condemning buying signals, how will you depend on someone else before you make money, most people depending on signals will end up losing money in the long run, If you pay people for signal, then you are not in crypto space to learn but to make money alone, some people requesting for signals don’t really know about trading, they just hear from people that they are making money through trading and they also want to make money also that’s why they are always looking for trading signals.

Some people are always looking for trading signals due to laziness, they are not ready to do analysis on their own, they want someone that will do it for them and they are going to pay them.

The funny thing is that the majority of those purchasing signals had no knowledge of cryptocurrency trading; they simply heard that people were making a lot of money through cryptocurrency trading, and instead of learning enough about Bitcoin, they ended up fully relying on their trading signals, which mostly led them astray.

These signal providers are also losing money in bitcoin trading, but they never publish their trading history; they only show the once they have profited.

Before you begin trading, it is best to ensure that you have proper knowledge of Bitcoin trading.

I lost a lot of money when I first started trading and didn't know what I was doing. I'm really stressed, and then I discovered a trading signal group to see if their signals work. When I back read, I noticed that their signals were functioning because they were posting it. It encouraged me to join, but I was still uncertain, so I extended my observation period, and then I understood that they were merely posting a signal that only works. And I'm not sure how many signals failed. That's why I made the decision to learn how to trade by participating in a mentorship program. I never regretted my decision because trading your own money is far better than depending on trading signals.

Reliance on trading signals only makes it too difficult for you to make decisions independently. The more you manage to profit from other people's trading signals - the more you will not believe in the results of your own analysis, even after you study them.

To be honest that I don't have such habits in trading - so I have to study and study for knowledge development instead of relying on others in decision making for my own trading plan.

It is "better" but also very hard as well, people need to keep remembering that part very well, there is nothing wrong studying like crazy when you are handling trading but that doesn't change the fact that we are talking about a huge amount of studying, so you need to be ready for that. Copying others signals and trading based on that will result with a loss, that's why we warn people to not do that, but you have to accept that its simpler, you just find someone and they tell you the signals so when to buy and sell, and you do that, and you hope to make a profit that way. The unfortunate truth is that if you do that, you will lose money, so you have to do the hard one and just study like crazy to become a good trader.

I am not one but I'll have my answer on the question.

Those that are relying on signals aren't confident of their own selves. It could be a big help to them as it makes trading easier based on the signals that they have.

But not at all times that it will be good as what they think even if they're bought as the premium offers from those providers. Pretty much that most of them are just plain analysis by someone who knows how to trade better than the starters.

I'm not saying that subscribing to paid signals is not really good, it depends on the group you joined. Because there are some groups that paid but at the same time they are teaching their subscribers, or they are explaining why they end up trading on that pair.
This, is also helpful especially if you are learning it also, not only the signal.

Paid groups are not all good groups.

If they give trading signals and call for entries to open trading positions but don't call for cut loss exits and don't have alarm notifications for their customers, they are not good signal groups.

Those alarms, notifications to their customers are very important when market turns bad and professional traders must close their positions, cutting loss to avoid bigger loss or worse forced liquidations. If those groups don't give you such messages, they fail to help you reducing losses and protect your capital. Following their signals will case serious loss some day.

Acquire crypto knowledge is profitable to traders, because it will help you to understand so many things that concerned crypto investment and it will also make you to know when to buy crypto and hold and when not to buy crypto than to maintain holding at the moment. Those that depend on signal in the community find it difficult to get the right signals, because they are too lazy to acquire crypto knowledge to become a professional in profits making in the community. If you have the knowledge of crypto trading, I think you will not panic about what is happening in the crypto market than to continue holding your coins until bullish market appear.

Although it is the right of each person to decide, we cannot stop people from selling signals nor stop people from buying signals, but I think that behavior should be condemned. Because if we encourage this, it will cause many bad consequences for the market, such as many scammers will take advantage of that to create signal groups to scam newbies.

Self-study and self-trading are not guaranteed to bring profits because it depends on many factors and each person's ability. But at least we have more knowledge and experience after each fall, and if someone is smart enough, they can use it to generate profits in the future. But by relying on others, we will lose money and get nothing in return.

This is nothing more but the proverb “Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime.” put in action, newbies want to rely on signals as this is in their minds the easiest way to become profitable on the markets.

But even if the signals worked, which they often do not, then they will become dependent on them, and once the group closes or the money charged for the signals go up they will know nothing about trading and they will be unable to trade the markets successfully, something which is not a problem for the trader which learned how to trade on their own and does not rely on those signals.

Very good point!

I'd prefer it that way. I respect those who think they are making profits out of buying signals, it might be doing good for them. But I know a lot more people that are scammed this way.
So why not just learn it instead of asking what to do next? You save some money and maybe a headache. Leaning on something or someone else will not do us any good in the long run. What if they are suddenly gone? What weapon do we have afterward?
It's not like we are losing every day in trading, we fall then we learn. The experience will always be new. That's my point of view on how to do things when I realized that crypto trading is not something that is idle. It will keep on moving, upgrading, and changing, so we just have to adapt to it.
Having someone telling you what to do next is not adapting, it's called relying. There will be a point in our life where we cannot rely on anyone anymore.

Additional to that, for sure, they are lost when the market is on red if they are like holding for a coin that was said in their signal group and they don't have a concrete explanation as to why that is why it is better to have your own knowledge so that you only depend on yourself. Just imagine paying them to have that signal and why those owners do it if they can just be rich in trading and it is time-consuming for them to manage those groups. For sure, it has a hidden agenda on it as always.

Definitely, experience makes the work easier. But in order to gain experience, you need to start at some point, and as mentioned in the OP, knowledge is the key to everything. Yes, I would also suggest that you gain knowledge first before you start trading. As in trading, There is a huge risk of getting losses, and you don’t want to lose your hard-earned money in a second, so at first, take some time to learn the terms, the strategies, and how the market works, and then only trade. Moreover, sometimes the signals don’t work, and you blame the one who provided them.

well, it's better to have knowledge about trading than to depend on signals. it's just that, depending on the signal also has a pretty good effect until now. that's why there are still so many who depend on signals compared to deep learning about trading. besides that, signals are also something that is important in learning to trade, it's just that people are sometimes lazy enough to do analysis so they are willing to buy signals where they believe in the analysis.

Yeah some people including me want a fast return and just by see a couple of ads on social media might drive to buy a signal  and think we are gonna rich. But the truth is not simple like that and now I delete all of my signal from telegram and focused on my trading knowledge and only trade on spot market only.'

Tho if you lose because of your signal base on your knowledge you will have the experience and when you win you will fell good about it

There was a time i came across a POST where the OP. was just so depending on a signal group where he/she wont have to do anything but just seat out for the signal, meanwhile forgetting that this whole SIGNAL stuff is not how it is, on the other hand. I almost caught up with this belief sometime back when i was trading, but i said to my self is better to learn this stuff rather than wait for signals WHAT IF THIS SIGNAL STUFF CRASHED SOMEDAY this was just my thoughts 💭

According to my opinion, it is more important to understand that trading is more important for us than signals. Without knowing the fundamentals of trading, when you trade in the market,it is difficult for you to understand exactly what the current market situation is, the level of volatility, and what decision you should take. On the other side, trading signals provide valuable insights and analysis. Following signals can also provide a sense of confidence and guidance, especially for novice traders, although signals are not foolproof and can be influenced by biases or market conditions that may change rapidly but sometimes provide a pathway. So you first solidify your trading concepts, then compare your trade with them..

in my opinion, I personally would not be too hypocritical about this. indeed on the one hand learning about trading knowledge is very important before we really want to jump into trading activities. What's more, an understanding of trading is very complex, not only about technical analysis but also fundamental analysis, including various indicators and also analysis of current market conditions. it doesn't stop there, trading also requires emotional maturity and self-control of fund management and risk. well, on the other hand, sometimes we also need some inspiration that can be used as a consideration in taking a trading position or even when we want to carry out trading activities. One of them is by using trading signals. but once again we are not only guided by the trading signal but use this information as one of our considerations. Because after all there will be no trading signal that really works 100% for us.

I honestly don't trust trading signals at all. Why should I risk my money depending on others? Does he have skills about trading that I should pursue? Maybe we can take some ideas from him to master trading ourselves but he asked to buy a coin and if we buy that coin on blind faith and hope for profit then it will not bring good results at all. Be confident in yourself and prepare yourself for trading. It will be very difficult for us to gain a complete understanding of trading but if we are patient and work hard to gain enough knowledge about trading then we will always be successful in trading. So those who buy different coins depending on others please stop doing this.

Despite the fact that I have been trading cryptocurrency for a long time, I am still no expert in the field, and I have never relied on trade signals. Most of them simply want paid signal services, but we can perform our own analyses by conducting independent research. It's a challenging endeavor, but what matters is that we are able to complete it on our own without depending on purchased signals, which might only be a waste of money. The use of our own expertise and understanding when trading is important.
Trading requires a lot of studying, but if we are ready and willing to learn everything there is to know, we will be able to do analysis effectively and on our own. Only when we can save money and improve our job knowledge should we be willing to learn new things.

On the time that you would consider out yourself on engaging into trading or any investment then you should have the ff considerations;

1. Learn for yourself
2. Dont rely with signals or others calls and tips or hints - We are all speculators on here
3. Dont make yourself believe that there's a precise or assured strategies or methods
4. Dont make yourself in a hurry on learning things.

Just take up the process and dont rush up because learnings could really be gained through actual experience because mistakes and errors does usually a result into those people who are really
that taking up their assignment. Also, its not bad to snip out some idea from others but nothing beats out if you do really move on your own and doesnt rely on somebody.

You are right their are some signals groups which they will even teach you how to trade, and they are going to be dropping PDF books which you can read and tutorial videos which you can be watching, but we all know that just few groups are the once doing things like that. what most groups provide is BUY BITCOIN AT $28,500k, SELL AT $28,900K, STOP LOSS $28,400k. This is just typical example of what you will be seeing in most trading signal groups.

Some people are in crypto space to learn and make money, why some people are in crypto space to make money alone. The once in crypto space to make money alone are the once that are looking for trading signals and they are the once that wont last long in crypto space, but people that are in crypto space for both knowledge and money are the real traders. why will be making money and you will find it difficult to acquire knowledge so that you wont depend on anybody.

Learning is still necessary even if someone is buying signals or joining a premium group to get signals for trading because you will always need to know if the signals are actually authentic or not because most of these signal groups and crypto gurus are fake and running their businesses only to get money from poor traders who are not knowledgeable about the market and how things work.

I myself am not in favor of buying signals or joining these groups, it's your money and it should be you who would decide how it is used and which tokens and coins are traded with it, even if you face losses, it won't be an issue because you can recover it if you have learned how you can manage your trades.

Greed is what makes the path of knowledge difficult and arduous, why do I start learning when it took me 3 to 6 months to master trading, however, trading is not guaranteed profit and there is someone who promises me guaranteed profit for 10 dollars, this person is reliable because he has more than 20 thousand followers or whatever the reasons. This same greed is repeated in different aspects of our lives. Instead of completing higher studies, we find ourselves diligent in the first job that achieves a quick profit.


Learning is one thing and application is another. When you learn and the turn comes to apply, you find yourself surrounded by psychological factors that force you to make the wrong decision, even if you have good knowledge of that. Trading is the last step after you have invested for several months because the market fluctuations are sharp.

This story is as old as the world, bro. Most people want to earn more money without putting in the effort. In simple life, therefore, people resort to fortune tellers, shamans and other, and in the crypt, people are chasing crypto signals. Of course, this is not the same thing, but the essence is clear.

Not everyone wants to delve into knowledge, spend a lot of time in analysis, study and gain experience, it is much easier to follow the crypto-signal. Everyone wants to earn without making any effort. I have nothing against crypto signals, if it makes a profit, then it works.

And most importantly - even the most expensive signals from the most successful traders do not guarantee anything!

I agree with you. Often, people use successful signal advertising to attract new customers and advertise successful trades, keeping silent about unsuccessful ones.
Of course, we can use these signals, especially when there are explanations for these signals and we agree with this. It's better than blindly following someone without understanding what's going on. I'd like to say that there is a difference when you follow the signals without understanding trading or when you already have experience

It's always better searching by yourself instead of relying on signals. Sure  you may get something from the signs if you are quick enough but what would you if you would lose consistently because of signals? Do you search for another trading signals group, so you can get better return? There is little to zero knowledge you could get by just following the signals, that's why it's better you do it by yourself and sometimes it's okay to use signals as a subject to analyze before doing any trades based on that signals.

It would be better to lose small partial of your affordable money as a treat to have better understanding and knowledge about the trading so you know what to do and what you should not. Failure is a part of experience and trading is also one of that, it's really difficult at first because of so many things to do but with effort you can actually do it even though the profit depends on the market and your ability. Trading by yourself is not for everyone but most of the people jumps into cryptocurrency because they want to make more money hence why trading is the most popular one among the other sources.

If you are a smart traders then you Shouldn’t buy trading signal service. Every success hand of learning so that's why we should Learn more for increase our knowledge. If you have lot of experience about how manage trade then no need back look and keep your work continue and make profits everyday.

Even if he is not a smart trader, he doesn't need to buy a trading signal service and better learn to analyze the trades. He doesn't need to depend on other people because he doesn't know whether he can use his signal well or whether he will lose because of it.

He can determine when to enter and exit the market and what coins he buys by having good analytical skills from learning outcomes. And with that analytical ability, he can also benefit and even though the market is at a disadvantage, he can still find coins that can give him profit.

The trading signals are also not always valid because of the many signals, he also has to keep analyzing them before doing anything. So like it or not, he still has to learn to analyze to improve his abilities.

Trading signals may be considered only to strengthen personal analysis, but when depending on these trading signals, of course, interest in conducting personal analysis tends to decrease.

I have been offered to join a paid trading signal group where the fee is still quite reasonable, but I don't feel interested in trading this way. If I have to trade, then I must be the first to make the decision over depending on others. Self-sufficiency in trading can enhance trading skills and experience, so ignore trading signals and start doing it on your own.

Most of the experience trader will not use the signals to trading.Some new people search for the signals and get into the web.Instead of wasting your time and money in signals,inverse your time in trading analysis.Then create your own trading strategy and signal,So use that signal to earn a good profit from it.After you start to get profit,repeat the steps to earn more from it.

I don't think it's too difficult to learn trading and reading charts, anyone with the ability to understand technological terms and reading charts can be able to learn how to trade cryptocurrencies or how to use indicators to get a general prediction about the price movements of certain cryptocurrencies, so it's definitely better to do that instead of following someone else's signal by paying them money for that.

It is your money and you should be the one utilizing it for trading, whether you get profit or face losses, you will be the one to be blamed for that and believe me, it never feels the same when you have a loss because of yourself and when you face a loss because of someone else.

I saw a several channels who are providing trading signals but I realized most of them are just promoting to join for VIP group. If they are a good trader why they are selling signals to earn money?

Even if you join VIP Group their is no assurance that you will make continues profits. If I say about myself, In past I also followed trading Signals and my most of the trades was unsuccessful because their analysis wasn't up to the mark.
Most of the trading signal providers always provide signals by following the market trend. But they ignore BullTrap, Market manipulation and others. Not all of them but some are providing good signals and you have to know that it's impossible to provide successful signals continuously. So it's a must to learn about chart analysis and trading analysis for the best result in trading and don't depend of others signals.

I don't see a reason why they should buy a trading signal service if they are really food at trading, some have been thinking of the using of trading bot to me more effective than the normal way of trading through personal experience but yet they have nothing much different from what others are also having through their personal experience, some steps taken in this were just nothing but a waste of money.

Having these tools will help us learn about trading but we should stop thinking that this will lead us to success. Because what I notice is that those traders who succeed had carried themselves alone, not by relying on others' ideas like signals and trading bots. It was their own strategies, hard work, and patience. But why some are preferred to get used to these signal groups and bots - because they want instant success and are too impatient? And sad to say that they had fail and most of them are leaving crypto.

I understand you perfectly. Losing money because of yourself is not the same thing as losing money by trusting someone. I repeat that there are different signals, from different people, but no one can give you any guarantees. And if someone gives you guarantees, then this is a sign not to mess with him.
So if it would be easy to learn how to trade (!!!!) and read charts there, then everyone would have become rich a long time ago, but this is impossible, if someone has earned money in the market, then someone else has lost it. Probably it's not only about graphics, numbers, and several books and crypto-tutorials

Paid signals are nothing but manipulation and scam so never rely on that even if someone offers the service for free cause it's impossible for anyone to predict the future and anyone will common sense can get that. Instead of buying signals paying attention to enhance our trading skills like analysis, finding the right strategy, looking for price difference on exchanges, etc can make some actual money for yourself.

God has given equal knowledge to all. If everyone is created with equal knowledge then why should we rely on other's signals. Why can't we trust our talent? Why can't we experience from the person whose signal we follow? We have to try. Mount Everest can be conquered if you try. 

Many of us have enough knowledge about trading but we can't apply our knowledge in trading just because we don't believe in ourselves. When we go into trading ourselves, we think maybe it will be better to take someone else's signal and he might have better understanding of the market than me and then create a signal. It is completely wrong idea in our mind. First we have to believe in ourselves. Only by believing in ourselves can we refrain from relying on others.

Signals are basically a way of making money for the people who give them, and that's the biggest trouble. Most people trust these signal givers and pay them money, and those people who share signals do not even have to trade, they just share the signals and get paid for it. They could be super wealthy today and not need something like that if they actually made money.

Think about it, they are getting paid a lot of money most of the time or at least they want to be, and if they are actually good at what they do, after first few thousands, use that to become a millionaire, if you can't then you shouldn't expect anyone else to be neither.

The fact fact remains that most traders will always opt to buying of signal, it's mainly due to laziness though, trading requires time and effort, you wake up in the morning, you don't just jump into the market and start buying and selling coins, you first of all have to watch the market, look at the news, analyze and compare patterns, plus a host of others vices to make sure that you make the best decision of what to buy or sell and at what moment.

Many traders don't have the time for all that ive mentioned above, most especially those who have a major work they are doing aside trading, those who trade as a side hustle, this type of traders clearly would never have the time required to trade on their own without help from other traders, and this is where they feel need to buy signals from those who they presume to be professionals - not trying to justify buying of signals though, but this is the reality.

Those that depend on trading signals will lose a lot of money on crypto trading unless they have some basic knowledge and skills already and only want to try out how accurate other strategies that are advertised out there. But for someone who is new to trading and only wants to rely on paying for signals, it's likely to result in a lot of losses because you might not even know if the signal you get is correct or wrong. And the facts here are that most of those signals that are being advertised online are just scams trying to rip traders off their money, meaning they are not going to make any profit out of those trades. I will just advise traders to endeavor to learn how to trade by themselves rather than just relaying on signals online; perhaps you don't even know how professional the person giving those signals is.



Cheers 🥂, Dr.Bitcoin_Strange 👺👺

Having on that sense that if they are really that a good trader then they wouldnt really be minding or wasting up their time on letting others be their followers and paying up some commision or some fee just for those

signals and with that alone then you could assume out that they arent really that good eh?  :D. Even myself if i would really be reaching into a point on which im a profitable trader then i wont really be bothering
myself on having that kind of spending of my time on handling or letting other trader who would really be following me. If its free then its not bad for a beginner to make some considerable peek up with those trading analysis or styles on which you could copy on but you should really be wise on learning out of those steps because not all the time those traders would really be there forever.
Its impossible that you cant really be able to formulate for yourself about on those trading strategies on a specific period of time.

It all matters about your mindset and perseverance of learning trading because if you do lack of this then you wouldn't really be seeing any progress into your career.

I agree, people who are learning something all by themselves is a better thing and should be considered a big deal, I personally would love that to happen as well as hoped for and should be considered a good job. I know people are not approaching this subject like it would make sense, but that is the reality and if we want it to make sense then we need to make sure that we are at a good level and can do as well as hoped for without relying on anyone.

I think it would be very important considering how it is not that easy to make that much profit. Realize that you need to learn yourself, and not rely on anyone is the number one thing anyone should do, that's the trick of it, everyone would do a lot better that way, and should be considering it a lot easier to handle.

Trading signals are for only individuals that just want to make money from the market without gathering any knowledge they'll need for future trades. We have those that have made millions from copying other traders but this individual aren't real traders. They don't gain any experience or knowledge but are still making money. It's very rare to have a legit source to rely on their trading signals as most of the ad you see online are scams.

If you want to be a profession trader you have to ignore those signals groups or those pump and dump groups as they're of no benefit to you. You might make money but what happens when that channel is no longer functioning, you stop making money and can't trade yourself.

Having trading knowledge is much more beneficial than relying only on trading signals. Maybe you entered a trading signal with some money or some signals worked for you but it doesn't give you any knowledge about trading. A sudden failure of this signal can lead to serious loss of your assets. To become a professional trader you must acquire crypto knowledge. Trading signals are often generated by third-party services. You can analyze the market yourself by knowing the trading principles, market dynamics analysis techniques etc. well and then come to investment decision. One must strive to make investment decisions based on one's own skills and gain one's own confidence and valuable skills.

I learned more in applying my knowledge in trading back in the days. I think that's more than enough for everyone on what to choose between choosing signals or having a trading knowledge. Having signals would just be another pain instead of just going to do your own research.

In cases of tight assurance, I would guess that would be the best for buying signals though, but it shouldn't be like a habit.

If a trader continues to rely on signals, then when will they advance and when will they have good knowledge? because I see that most people like that are people who just want to be comfortable, in the sense that they don't want to try but they want to get benefits.
I will not blame traders like that, because it is their full right. But I only regret it when they can't develop later because they continue to rely on signals. The failures that we achieve through our own analysis can be a lesson for the future, we can know why we could lose and what went wrong from our analysis, and that can be greatly improved. Meanwhile, what experience will we get when we fail to follow the signal? we don't know what is the reason why our entry is wrong, because we don't do analysis and just follow.

It is not everyone understands the charts;
It is not everyone that is willing to take the pains of learning;
Some people wants it the smart way;
There is nothing wrong with signals if it produces results;
Even if it fails sometimes, we understand it's the nature of crypto;
The bad part of it is when the user has zero knowledge of trading;
But for a good or an amateur trader, signals can help because you already understand what is happening in the market;
For a total novice trader, signals isn't where they should start;
Both trading by oneself and using signals, people lose money;
So, everyone should choose what works for them.

It's absolutely wrong and a bad practice to engage in signal, it makes a trader to be lazy without focus, it makes trader become unanxious of its trades, it make a trader become over dependent and the zeal to learn becomes a problem, once they are used to that practice of signal, it also becomes too difficult to convince them about the self trade practice and personal knowledge, this is why any trade that is willing to trade and plans to stay long in the game need to avoid free and paid signals, most of the time you may not make anything from these signals if you calculate the average trades in daily, weekly or maybe monthly.

I think you are describing a squammy trading signal that you can often see on public channel on telegram. Premium trading signal is different because they provide analysis in both TA and FA for the user to analyze themselves and decide if they will enter on not. The advantage of using premium signal is you will save time browsing coins that has a buying signal indicator since your subscription will do it for you. It will not make you but will cut you some time on browsing to the bunch of altcoins available in the market.

Self trade is not but it’s very hard to enter in the right coin if you are doing it by yourself due to the quantity of the choices available.

Sincerely, trading with personal experience is much more effective and trustworthy than relying on signals.Because many of these signals aren't always trustworthy, buying it sometimes just a waste of money because many people that do buy signals are complaining they don't always profit from the signals they receive. So what's the use of buying a signal if you're not sure if you'll make money from it or not?Get signal is not awful, but the truth is that it is unreliable; however, with personal experience , one can determine whether the signal is good to use rather than whether it is poor. Infact it eagerness to make quick money always the causes solidly rely only on signal.

I have a friend who disputes my claim that traders earn more money than investors, but I made it clear to him that I believed this to be untrue and told him to test their claim for themselves and see how it goes for crypto traders. However, it still surprises me when people think that traders make more money than investors. While some investors can gain money after investing for a long time, others may do so in just one month, it is very rare to see traders achieve the same results. This is because traders lose more money than they make, whereas investors can only invest and wait for their money to return with a profit. So


However, depending on a signal can cause a crypto trader to become lazy because they will constantly be waiting for the signal to work, which I believe sometimes they may experience a very big lose. As a trader, depending on a signal is like sitting down and risking your money by letting someone else take it off. Although these signals are not as reliable as using your brain to conduct the proper analysis and obtain the desired results, this does not mean that traders cannot use signals; rather, they cannot be used in the manner that some people believe they should be used.

Trading should be learned by your own mind and have a good strategy on your own because this can bring you on a good place while depending on signal will just make you money in short term but in long term you’ll ended up losing the money as well. I don’t know why many sacrifices this instead of learning on their own, we should realize the importance of having a great knowledge about trading. I prefer to trade on my own, learn from my own mistakes than to depend on any signal.

Well, you are right into this on which if you are on a subscription then it would really be saving up your time on making up some research since the one would be making is the one you are following
which it is really that convenient but this one would really be having its toll because you would really be ending up on being that too dependent. You cant really be able to make it on your own on the time that you would really be deciding to go solo. There's really that an advantage for you to be on these vip groups or paid or whatsoever but this is really just that in exchange of being convenient.
But if you are that someone who is really that not having that interest on spending some sub fees then you would really be going into your own path which it isnt really that hard.
We know that information that we could really be able to know is really just a few clicks or taps away, somewhat it would really be needing that effort but its not something that you would
really be making yourself that exhausted and its all for free.  :)

The argument is simple. A successful trader had to rely on tools at some point besides just the foundational knowledge of trading.
That's where the innovation of these signals come in.
Someone who depends on the signals first and then begin to trade, is either being self taught, plain silly or a millionaire with much money to spare.

Thank goodness for social media like Twitter and how it has helped those who don't have the tools, have access to the right information at the current time.
Get the knowledge anyhow you can, take few risk trade investment, use signals to do better after learning from errors during unsuccessful or loss trades. The wisdom is in knowing how to apply the knowledge.

If we don't have a trading knowledge we will still not know how to operate a trading signal but both are not guaranteed that our trades are going to be successful because at the end of the day, we are only predicting here.

If we don't have a trading knowledge we will mostly rely on someone else signals but it's risky because like you said a signal can be misleading or we can end up joining a scam signal group. That will be a double loss for us because most of the times we need to pay for a subscription first to access them. This is why it's always better to learn on our own and if we are already knowledgeable, someone else signals will not make sense anymore to us.

I also had a similar experience when I started trading cryptos it was a sad one because I got liquidated in few occasions while trading because I was trading via Cross and Isolated margin of course with a high leverage unfortunately I wasn't equipped with adequate knowledge and skills required to become a profitable trader, though I tried few of my strategies it's seems nothing works then, I also tried to follow trading signals unfortunately some of those signals is contradicting with my own, thereafter quit trading to learn all the necessary skills because from my research numerous hours of charting time and Price Action are some of the prerequisite needed to a become successful trader.

You need a lot of knowledge and experience to be a successful trader in the long run rather than just relying on signals.
and if you start trading without proper knowledge most likely you will suffer losses so I advise you to first understand and learn about crypto market then start trading with small capital once you have enough knowledge and confidence with your skills. You can trade large amounts and within your means, and once you have solid knowledge, you can also use signals only to help your trades get better.

I take signals as a way to learn, not to depend on it totally. It is a great tool for you to compare your own analysis with it and learn from it. If you think you are making a mistake on your analysis, you can double-check that with a signal provider and adjust your strategy based on that.
Human analysis or signal/bot analysis will always have flaws and not 100% accurate! Remember, the market runs on trading. It's other people's sentiments and their decision to buy or sell which moves the market. It could change at any time, thus making the market unpredictable. This is the reason why we can never predict the market with 100% accuracy.

Why should someone only depend on something else? Do it yourself and in that process you will learn something which will be beneficial for your future. What if one day, signals are gone! Out of existence. What will you do then? This is the time when your raw skills will come handy. As long as it's in your head, no one can take that away from you. And trading should be fun. But signals takes that away from us.

Trading signals are sometimes helpful, but sometimes they are fake. I don't always want to believe in trading signals because I tend to do my own analysis in making decisions. Paid signals sometimes also perform well because their analysis is done by experts, but they never guarantee consistent profits. I also tend to be more confident in what I do than what other people say. I am in charge of whatever risks I will incur in trading sessions, so I don't think relying on trading signals will make me more independent and solid in experience.

Knowledge and strategies are certainly very useful in trading, as a trader can never be profitable if he only trade like gambling knowing nothing. Just like trading which greatly depends on signals, it can be profitable at some point especially if you are also knowledgeable and strategic at the same time, but trading relying on signals alone can never guarantee successful trading. The reason why a trader must be knowledgeable and skillful at first because that is a must when trading, otherwise we cannot expect trading to end up based on what we planned.

Signals can be helpful when you are just about to start learning how to trade but it doesn't mean that we keep ourselves fully reliant on it otherwise, we never learn anything. Well, I'd never participated in paid signal, might be a different experience when joining free signals but for sure nobody went successful in having this stuff. As I come to leave from asking for free signals in the group, I've found myself confident in every decision I've made and see better results compared before.  Now I realized that it was better to have our own analysis rather than relying on others and besides, I am building confidence in what I do.

Buying trading signals can be good and a lot helpful if you come up with the right providers. Otherwise, you are wasting your own money relying from those paid signals that are no longer effective. This is why having trading education is the best key to achieve success and profitability in trading. You need to mold the knowledge within yourself and hone every skill that a trader needs. That way, even if the market suddenly crash, at least you know how to back up your trades and still end up successfully.

So far, I haven't encountered a really legit trading signal group that everyone talks about.
Let alone those paid trading signal groups. Most of them will exhaust your funds and you won't get anything from it.
Learn the basics, slowly acquire some tricks because experience will give you those tips.
Because even if someone is suggesting you to do such route, you won't understand up until you apply it in your trading activities.
Better be slow rather than in a hurry. You will incur big losses if you will not equip yourself on this market.

Buying signals may bring a good advantage for beginner traders but that will never guarantee success in trading. The only way to make your trades successful and profitable is to acquire sufficient knowledge and develop your best strategies and skills as well so that even if you trade against the market condition, you will still have chances to overcome the loss. However, I don’t blame traders who also rely from paid signals, that’s also their strategy but it can be more reliable if they are also equipped with knowledge and skills when trading.

Although a few people have testified that they were able to make some profit through those signal and copy trades, I know it still doesn't put away the fact that a lot of those copy trades or signals that are sold are scams. If it were those days when I was really active in trading and on Telegram, I would get some DMs from most of those guys, requesting that I join their Telegram group so I could get free signals, but trust me, all those signals were bullshit. Even on YouTube these days, there are quite a lot of fake videos that will still refer you to a link to their course or signal group.

Crypto signals are only important in cases were the trader or investor have no single time to create out to understand how the market operates, we all have what's keep us busy, always ready to aim higher on every level. Paying for signals is another way of paying for irrelevant services, bitcoin is the only project that seems to be prominent in the space accompany by Ethereum and other promising altccoins. Knowledge is power, and possessing one would mean mean diverting from the path of broke or struggles, rather focusing on the path to financial freedom.

Half of your statement is repetitive but anyway, I have to sort of disagree with traders never being profitable if they gamble. A lot of traders gamble and became profitably in the bull run of 2017. That's why they thought they were good at it. They thought strategies worked, gambles work. But most people make money in a bull run, problem is not knowing when to stop and not understanding that they got lucky.

I think trading for commissions is the only true profit :P

As a significant trader, one should always aim to improve his trading knowledge and skills because these are the best keys so you will be capable to trade successfully. Otherwise, if you keep relying on paid signals that you’re not even sure if those were actually made by professional traders, then you will only trade gambling your own money while seeing most of your trades losing. That’s why stay away from buying trading signals as they can never be trustworthy in the long run. It’s always your asset and skills as a trader that will make your forever profitable in your chosen career. While trading is very profitable but only for those who gained adequate knowledge and experience in the market that let them win their trades over an uncertain market.

As a rule, buyers of signals are beginners who lack trading skills and knowledge about how the cryptocurrency market works. And after a while, when they acquire the necessary knowledge, they refuse such signals, because they understand that he can independently determine the level of buying/selling.

there are people that it is very difficult to understand their way of thinking, how is it possible for a person to take their money that they got with a lot of effort and keep trading based on the signal provided by someone unknown, this is a great absurdity, and if that person that you provide these signs disappear how is the person who is depending on him? these people are left without a signal and are desperate, and that is if the signs that were given to them had any result because the truth is that they are not something reliable, it is not something certain.

just think if people are so good at predicting the price why are they creating signal groups and charging for subscription? Wouldn't it be easier for those people who charge for signals to take their money and trade without telling anyone? in my country and I need to have a license to be a financial advisor, but even so I have seen people from my country providing forex trading signals even though they are people without a license, I keep asking myself why the hell do people from my country fall for this kind of scam , they are following the signs person who also lives in my country. I see a very bad end for the person who gives the signals and those who follow him.

Copy trades and those signals are still that notable in todays time on which there's still lots of people who do prefer on doing this and wont really be bothered on creating their own on which it would really be just that
they would be simply doing those on what most people been doing.Yes, its convenient since there's no much that you would really be doing but its not something that you could do forever. There's really a time that it wont really be that effective or not profitable or simply that someone had been stopped on providing signals. Then what would you do? Transfer out on other trader? You are really that putting  your capital at risks
considering that not all would really be that profitable with this kind of set up.Nothing beats out if you do have that own trading knowledge which it would really be giving out that kind of
advantage on the time that you would really be going for yourself.

Ideally yes, of course before we do anything, especially trading that is indeed high risk, we must have a good understanding first. Understanding of trading is complex, not only on what coins, but also various analysis on market charts, fundamental analysis, and so on. Also, this includes an understanding of how to manage our emotions, risks and funds for trading.
Learning indicators and how the market is always moving is also necessary. So that at least we have the provisions to carry out this high risk trading activity. So, if you're not ready, it's better to study first.
regarding trading signals, in fact, this can be used as an aid for analysis, not for the only thing that is followed. So it can be for consideration and also ideas for in-depth analysis.

Use must use Copy Trade strategies with trust on people who made that strategy. But think does one strategy can succeed in all market conditions? I believe that you can not have such strategies in trading so using Copy Trade is very risky if you use it at wrong times when the strategy gives you bad trading results.

Market usually has normal movements within price channels and after a while sometime it will have big changes to move up or move down. Those times are when most of trading strategies will fail and same for Copy Trade strategies.

Don't trade is the best.

If you trade and win a lot after a while, it's good time to think of stopping your trades. Because market will likely move to a big changing time like a big up or down movement. If you close all your positions and only watch the market, you will be a winner.

Signals group are recommended when you don't want to go through the process of learning how to trade yourself but signals groups aren't the perfect solution. We have legit firms that manage investment portfolio and it seems most of them are now adding cryptocurrency to the services they render so you can make use of them. They're professional and you will have some agreement that'll protect your investment with them.

Using this firms are better than trusting signal groups creating by random individual on telegram or any other platforms they use. Most of those signals groups are scammer. They make use of the groups for their individual interest as they make money from hyping projects.

True, in the end, after they have the knowledge and skills, they prefer to rely on themselves,
that's why it's important to have the knowledge and skills,
because for the long term it is not possible if you continue to use the signal.

This would be like in school, where you are just relying on your classmates answers, which is kind of cheating, and even if you are paying your classmates for answers, in the long run you'll have problems. Let's say your classmate is absent during an exam. Then how would you answer? That is why it is better to learn on your own, rely on yourself to learn, and have that knowledge before thinking about the profit. The problem for those new to trading is that they want to earn immediately and don't want to do the hard work.

What happens is that their actions are not being motivated by logic, which is why you do not understand at all what they are trying to accomplish, their decisions are motivated by emotions, and as we know emotions can blind you to the truth you have in front of you.

So those people want to believe that such services exist and that they can profit from them, but why? Because in this way they can save themselves from studying the market and in theory they could get rich overnight, now we know this is basically impossible, but such a thing is not going to stop them, as those people are completely dominated by their greed.

Signals are given by the channel owner when he finds things that can provide profit opportunities, but unfortunately most of these signals are just scam attempts, especially if the signal given is on a coin with a low market cap, usually they are already the first to sell because they already have this coin at a lower price.
Another thing that can be detrimental for traders who always depend on signals is that they will find it difficult to develop trading skills, because they only trade based on signals without ever analyzing the market. Signals may give you more profit than loss but if you want to continue to trade, improving your trading skills is much better than always relying on it.

I would say, it depends on what we can do. If we haven't been able to analyze the market very well and produce results, then trading signals can actually help, as long as we don't depend so much on these signals and don't trust these signals 100℅ Because after all there is no signal that works 100℅. For this reason, it is obligatory for cities to have this understanding before deciding to jump into the world of trading. Because after all this is very risky and not easy to do or decide. In this case, how can we take advantage of every moment to be very good at analyzing from various sources and starting to narrow it down to get the right decision at that time.

That is it, trading signal should be taken as a trading tool for making analysis and not to rely on it for the trading process since it a already proven that trading signals havent performed well in terms of profit maximization, so for a trader to be at a safer side, he need to combine the effort of the trading signal to your own personal efforts to be able to get the right result, if not the trader will be on a consistent loses if he only depend on the trading signal or self.
So at most both knowledge, and signal are both important since their all ball down to supplying of information for making good decisions that will amount into profits at the end of the trading position.

indeed after all knowledge about trading will be more useful than trading signals. but to gain knowledge and experience requires a process, even a long process to go through, because it requires complex understanding. but also not all trading signals are bad, but we must be careful to choose them so that the signals have a greater percentage of profits and can trade healthily

Yes, but in the end, we still have to have knowledge about signals and also supporting knowledge to study price movements from signals. That's why I feel that knowledge about trading is very important. so that we can choose and develop the strategies we need when trading. for example, like you said. even when we depend on the signal, it requires knowledge to know whether the chart will go up or down. of course, it also requires data to support the analysis of chart movements so that we are confident enough in the decisions we have. Without knowledge, we may appear to be gambling in setting prices based on signals.

It's a must for every traders to have a knowledge about trading. Because if you decided to trade with an empty head about it then you're just gambling your hard-earned money. Hence, if you value your capital and would like to make it grow, it's necessary to follow the basic rules before engaging yourself in trading. That includes gaining knowledge since it is one of our key to succeed in this career.

On the other side, I have nothing against using signals if you're not really confident of what you know and just want to be certain. Signals might help but the question is, is it reliable? or you're just spending your money for nothing. If it's working then why not, but prioritize to have your own understanding about trading so you don't have to rely on signals or to anyone.

Right because it's impossible if we only rely on signals because still that requires knowledge too,
knowledge is the basic thing and as a trader it is a must have,
do not be lazy to always learn.

you can join signal groups without knowledge as they are just posting their bias or entries on specific coin that is why it is very attractive to the newbies that doesn't want to learn trading and just want to earn or trade in just one night which we know they rely on that signals as they think that those people behind it are very professional in trading. The problem with this is that of the signal group is gone what will you do now ? relying on them may beneficial in short term but in the long run youll struggle for sure

I’m not an expert nor professional trader in the first place but paying for trading signals is not always commendable since trading signals alone are not always trustworthy. And the fact that you cannot get complete assurance that those signals are provided by professional traders so it’s certainly more risky to rely on them than to believe on your own ability to analyze the market well.

Trading has its own inevitable losses and believe me, the more you trade without personal knowledge and skills as a trader, the bigger the chances that you’ll be more susceptible to losses. That is why if you don’t want to familiarize yourself about trading and decide to stop learning because you believe that paid trading signals will make it happen, then you’re totally wrong. You should not be trading in the first place if you only rely for other people to trade for you.

Even if those signals come from professional traders, there is no guarantee that they will always be accurate or bring us profits. Moreover, if you are already a professional trader and can afford to make money in this market, do you need to open trading signal groups to ruin your reputation? Most of the signal groups are led by scammers, I haven't seen anyone who is really an expert.

When we are newbies, trading ourselves or buying other people's signals, it all leads to loss of money. But when we trade by ourselves, we will accumulate experience, skills...which we will never get if we only rely on others. If we want to survive in this market for a long time, there is no other way but to arm ourselves with knowledge.

You might only get a few of those trading signals that are not scams, particularly those you would see being advertised on some social media sites, like Facebook, Twitter, and YouTube channels, and sometimes you wouldn't be able to even figure out the real one because you would see a lot of them. By the time you want to try them out, you will keep trying out different signals and encountering some losses until you might even get tired. Although the ones I feel might work a bit well are those of some exchanges that say you can copy the traders of other traders right in their exchange, although I have not tried them out, I feel they might be better than those other signals or groups that sell signals on social media. But whoever is using those signals should not just trust their whole fund on it at once; just put a little amount on it first to test it.


Cheers 🥂, Dr.Bitcoin_Strange 👺👺

There is not guarantee about correct signal for trading and better have knowledge depending on signal in trading, not sure about how percentage accurate with some signal recommended for trading and I think have knowledge about cryptocurrency and smart reading indicator is better than having recommended signal. Regarding with how many time joined signal paid premium but never guarantee to earn profit and always late getting profit after signal paid premium sharing their coins recommended to buy. Have knowledge and understand well about which one potential happen later with some coin project and good analyze when right time have to invest is better than depending on signal in trading cryptocurrency.

Experience is the best teacher, that is a word I hear a lot, and if we relate it to trading then it is clear that experience is a very valuable lesson. But when we trade by simply following the signals, what lessons will we get? we don't even know what is an indication of why we have to make an entry at that time. I myself have seen signals several times, I see signals not for me to apply in my trading, but I will make a kind of comparison that I will analyze from the signals I get. Indeed, in this case we cannot claim that the analysis we are doing will be profitable, but that is better because there are lessons we will get.

Yes, experience is the best teacher and just like on my case on which im a self learn type of trader on which i have no one been relying on learning out about trading.Everything is really due to my hard work and

the time that i had put up on learning things on my own. Somehow i do snip out some idea of others on where it is really adding up on my overall knowledge and this is something that it is really a must thing to be done on the time that you are tending to learn up things. Having your own personal analysis ans strategies is much more better than on relying into others on which you wouldnt really be finding it to be regretable on the time that you have lost money on a certain trade. The feeling of regret is really that totally cant be felt since you do know that you have committed errors in towards your own method
and not just on anyones which mostly been people been considering.

Trading signals might be also useful provided that you are also making your own analysis in the market well. That way, you will not only rely from trading signals completely since you are also developing your best strategies while in trading. However, I have no against about paid trading signals but believe me, you can never rely on it every time you trade as not all paid trading signals are useful and helpful. That’s why you also have to learn how to trade on your own and develop your detailed working strategies when you decide to trade.

This is also a very good idea, we probably don't need to stay away from signal groups altogether. In case if we are not sure about our analysis, we can also use some signals from others for reference and comparison to make the best final decision. It will be a perfect combination but remember, all are for reference only, and never believe them without any analysis. One more thing, signals are for reference only, if our analysis is entirely different from theirs, don't lose faith in yourself because of them.

One should never rely only on signals, I would even say that traders should do their own trading with their own analysis and everything because you have your money on the line and you can't just risk it because someone else gave you a signal, even if someone wants to use signals, they should at least learn to trade themselves first so that they can check the authenticity of the signals provided because these signals are not always accurate.

So it is obviously important for someone to learn to do at least basic analysis and chart reading so that they don't lose their hard-earned money using signals from people who are earning money by them and don't really care if the users using their signals lose money or gain profits.

If you depend on someone else signals or someone opinion there is a high probability that you will burn your capital in a matter of time, can you win big by depending on signals and someone's analysis? the answer is yes but remember that trading is about possibilities and there is always a high chances of losing. Once you became dependent on someone else decision, your mind will be closed to learn new things, skills and knowledge. In the end you will be a parasite that will destroy yourself, I'm really against on joining on signal groups or depending on signals by some self proclaimed "best investor/trader".

It is really better if we will learn on how to trade by ourselves because in this way we will become independent and we can have confidence to execute our plans without help of someone else and also without the signals of others. Remember that there is no successful trader who depends on signals by someone else, their common traits is they plan, trade and execute by theirselves.

People who depend on trading signals without the patience to acquire the proper crypto trading knowledge are those who would lose a lot of money. Any people would agree that knowledge comes first and cannot be replace by something else. This is a personal thing though, but you spend or waste a time looking for trading signals to follow on telegram. You end you learning nothing, losing money. In summary any trader who does not know about fundamental and technical analysis coupled with trading psychology and risk management shouldn't even dare think about trading signals.

They are really just that simply lazy and they do really like those things to get involved without exerting much effort or not really that much doing such work on which it would really be just that normal
that to those people who are really eager to learn would really be having that advantage later on time which to those who have not would really be still remaining as a noob in terms of trading knowledge.
There are really just those people who cant really be able to think up properly on what are the things should really be done for you to be able to learn up  trading on your own. Its not bad on following someone but you should really be obliging yourself to learn up on your own because on the time that you would really needing to go alone or you havent been following someone then this would really be the best time that you would really be testing up the knowledge that you had gained up earlier.

Actually there is no problem being in that group if the goal is to make comparisons or add some insight that can be used as material for discussion. but indeed sometimes this is a little misinterpreted where indeed when there are so many beginners who are in the signal group they are fixated as if it could be an advantage for themselves when following the signal given even though looking at the conditions, actually what gives the signal is also the results of the research they did and it's a 50/50 chance. But for those who follow them with faith and hope that they will definitely benefit and that's what's wrong.

We have to realize that in conditions like now nothing is free and of course it's very rare to see people giving signals to other people when they really don't expect anything because that's really not going to be possible.
When we really want to trade, indirectly we also have to try to learn it. nothing is simple and nothing can be obtained simply with instant capital from other people because basically we only stand by ourselves for this kind of thing.

I definitely agree.

I've experienced asking for a friend about his trading signals and I'm not satisfied with it, I mean the profits I was making since it's not always he's gonna give me trading signals. So I did some research, watched tutorial videos in YouTube, and trade on my own and I was happy with it, until my own laptop got broke and my internet connection in our are got pretty slow. So I quit trading for a while now, I'm just hodling and saving Bitcoin for now.

The point is that, trading on your own in the long run is much profitable than buying trading signals.

Aa a trader I have used technical analysis for over 5 years now. I visited a seminar on trading signals in the stock market organized by my university and bought a few books afterwards. Most financial assets move in cycles, there are bull and bear markets which can be identified by technical analysis. There are plenty of trading signals coming out of technical analysis than give a good indication if we should be buying or selling. I am confident that there will always be signals available we can use, the question is how reliable these signals are going to be. During times of high volatility in the markets we might see completely different signals by various indicators. The question than will be which we trust the most. Personally I find the short term trading signals the most unreliable and prefer to look at more medium focused indicators. These trading signals are always just a recommendation and I think that we also should focus on fundamentals to get a general idea of the current state of the markets.

That's very much true. There is no easy money in this world, we have to make effort to earn it. In crypto the real effort is understanding the market and its fundamentals. Those who rely on Signals are the one who want to earn money without making any significant effort. There are not many success stories about investors getting rich via following Signalling group but there are countless stories about people losing money to these Signalling group. Its better to use your own mind rather then following these signalling groups since you will learn about trading in the long run.   

I think that’s normal for beginner traders to rely from paid signals since they are not well capable to trade and expect bigger profits. The rule is, no one should be trading unless he’s knowledgeable and skillful enough to trade, but newbies fail to follow this because of their greed and hunger to make quick profits. That’s why they resort into trusting paid signals and when they start losing, that’s when they realized that paid signals do not work and are not reliable all the time.

Obviously yes, trading is very very difficult task. Signals are just for fooling peoples. Signals just provide you a very big idea that where is the action happening. After that you'll have to use your knowledge to make use to actually materialize the signals and actually make profit. So yes knowledge is very necessary for all the traders.

Joining signal groups would only result with upset in the end and you shouldn't do that at all. There is really nothing that would benefit anyone from any signal group ever, that's just not a solution at all. Too many people think that there could be a solution if they keep buying and all that but the reality is that you are not going to end up with a good result at all, it is going to be a terrible one.

I personally believe that the best thing about signals would be knowing how they figure those out, if you can find the way and not the path, that would be a lot better for you in the end. I think having your own "signals" is the way to go, you would be able to know what to buy and what to sell and that would be a lot simpler in the end.

Been doing that lately since I don't know how to read charts and sometimes I get tired and lazy enough to check it. But the good thing is stop depending on signal groups, at first I even pay my monthly subscription but end up losing more money because sometimes the trader didn't check the market so keenly. In any of you want to learn to trade, better to have a basic knowledge rather than having nothing at all.

A lot of newbie traders are actually relying on signals alone and are not looking to make their minds work by doing their own analysis on top of what they already got from other traders. This is dangerous and also leaves the copy traders in a spot that might be the cause of them losing money in the long run. I myself am doing copy trades and get signals from other people, but I know a thing or two about trading that helps me to create informed decisions. It helps you understand why things are happening and what could be the possible movement from there just from the things that you know currently.

Being lazy do really put up someone on a situation on which it wouldn't really be that wise or good for long term on which it would really be that sensible that you should really be
finding up ways on learning up something on your own without trying out to rely with others.Its not that bad to snip out some others idea but you should really be that mindful that it would really be worth if you do tend to learn up on your own because time will come that you would really be going solo and wont really be tending on following into someone.You would really be finding yourself to be that able to survive this market since you do already know on what you should gonna do compared to those who doesnt really tend nor have the plans on learning on their own.

Good thing about on having that own trading knowledge is that on the time that you would be losing a trade then you wouldnt really be having that feeling of regret because you do know that its your own error on which you would really be accepting it whole heartedly compared when you do lose up a certain trade because of others trade then it would really be creating out that kind of feeling
on which it isnt really that pleasant at all.Therefore, it would really be always preferred on losing with your own ways and strategies.

Trading signals may not be often reliable especially that the market is very unpredictable and that the market is easily affected by different serious factors that hit it. The reason why trading knowledge and skills are of high necessity because these are the most reliable ways to trade in a market successfully and profitably. Most especially that trading is never easy and is quite complicated, and relying to trading signals will not guarantee successful trades. But with trading knowledge and working strategies in the market, trading will be highly profitable in the end.

Indeed, with trading knowledge and working strategy you can generate decent benefits, though it's not an easy way to create a good patterns but it is much better compared to lean with signals, most of the time signals are for those who react quickly if you react late or if you take your action in a late timing your chance of being trap or stuck is possible.

Trading knowledge is important if you are into this business for long-term process, instead of waiting for any sign you can anticipate your next steps because of the knowledge that you already possess.

In this case, it will be a pointless waste of money, since in any case, the beginner will lose his money, even if he clearly follows the recommendations.If as a beginner trades independently, the result will be the same, but at the same time he will be able to gain experience and analyze the mistakes that led to the loss of the deposit.

I guess everyone has tried buying trading signals and I can say that not all of them have made profits after that. Simply because paid trading signals do not guarantee success. That is why traders should never be involved in trading if they will only rely for other people’s knowledge in trading. They should have their own knowledge and mastery in their skills to trade, even set their own strategies that will make their trades successful. That way, they will trade because they know how to deal with the market’s volatility and with their own knowledge and develop strategies in trading, most likely they will end up trading with profits rather than see theirselves at the losing end.

You should really removed this kind of belief into your mind that there are people who are really that making out that sure money into this unpredictable market.Yes, there might be some profitable but doesnt mean that

they do make money most of the time. Its true that nothing beats out if you do have your own analysis and different taking on the market and not really just make yourself that depending on others.
I agree on some points on here is that on the time that you would really be making some losing trading positions and this is the result on what you've been following then that anger or rage would really be able to come out or mostly be felt because you could really be able to point out fingers on whose the one should really be blamed. Unlike when you do make your trades with your own ways and methods then you wouldnt
really be having this kind of reaction.

When you do commit errors then you would just basically be not that affected if it do came from your own analysis and methods which is totally opposite if you do follow or depend on someone.

Taking other's thoughts as guidelines and doing your own research on top of it can be a good idea, but relying totally on them is definitely not a good idea in my opinion too. Even if you join a signals group or subscribe to a service or something where you get signals from, you shouldn't just see the signals and go ahead straight into the market and make the trades as they say, you should first analyze the signals yourself and the coins and their buying and selling points provided.

To be able to do all that, one must definitely equip themselves with the necessary knowledge about trading and trading tools and techniques so that they can do the basic research and analysis about the signals they might receive or they might not even need them if they can do all that themselves.

Carry out your analysis before trading your coins will help you to go a long way in profits making, because is not good to rely on signal only if you want to be successful in crypto trading. When you have the trading knowledge, it will make you different from those who focus on signal because many potential traders you see around the community acquired the trading skills from this forum or from a mentor which is advisable as a newbies to do everything possible within their power to have knowledge of trading. Those that use this forum and another ways to learn crypto trading are doing well than those that are using signals to trade their coins which they are finding it difficult to improve in profits making.

Good point, though you can also buy subscription in learning the basic patterns some paid study will help you in identifying the potential market movements, but same with your perceptions it is better to have your own knowledge and not just to rely with any paid signals, by the way paid education or trainings are far different from buying signal at all.

You should work with your own knowledge and keep yourself with many more ideas on how to develop and establish a good strategy to have some edge with your trading practices.

If you do that, then you may "learn" how to do it, but you will always be tied to them because those type of places will want to keep you so they will mostly teach you one thing for a whole month, too slow, and then move to next one another month, just to keep you there.

There are a lot of free places where you can learn this, of course the "free" part is that the people who share them make money from ads, like youtubers for example, or even articles, because they need to earn too, but it doesn't have to be from you. I believe that the best thing to do in this case is to make sure that you can end up with a profit over course of some time, and I believe that's going to be possible if you could learn yourself without paying someone else.

Occasionally relying on a signal, I don't think it's a problem as long as its use is still at a normal level,
don't let us depend on using signals and it's much better to have knowledge because that will make us grow,
with that knowledge will provide broader ideas and be able to find strategies that suit us.

As a trader for almost two and a half years i will advise anyone going into the trading business to learn how to trade by themselves ,It is much better for one to get educated about trading before diving in, Never depends on anyone cause they can also be wrong at times .If you are well educated you can analyze your own charts, pick the best set-up to trade, monitor your losses and profits and at the same time keeping consistency in the long run which nobody can do it for you.

Occasionally could lead to frequently that's the problem. Assume that you occasionally do it and one time you did it suddenly you made some great profit and that was it, you get hooked on it and I would guess that you started to do a lot more frequently, wouldn't that be a problem?

I feel like that's going to be a trouble and we shouldn't be really doing that at this moment. Just realize that it is going to be a tough situation and as long as you end up with a better result you should be fine about it. I know that it will take time before people are aware that this is a hard business and signals could make you profit once but then lose you ten times in a row. So if you do that then you are going to end up with a trouble and should be careful.

trading signals are indeed good ^{(make your time efficient without you having to have good skills in trading)} so that until now there are many people who feel comfortable using them but the bad thing that will happen to traders if they continue to use trading signals is dependency.

if you do trading but continue to rely on signals then you will forever not have the ability to make decisions, you will only be stuck with the directions from these trading signals besides that trading signals still have big enough mistakes so try to learn the basics of trading slowly and consistently is highly recommended rather than just relying on decisions from trading signals.

That's true, but if we compare it, we will find that the negatives will outweigh the positives if we continue to rely solely on it.
As you said, we will most likely not be able to make decisions if we continue to rely on signals. Even if we have our own analysis and then the signals we follow are different from the results of our analysis, then we will be unsure of our own abilities. This is one example of the negatives of relying on signals.
In this space, we are required to have a lot of knowledge, and if we only rely on signals, then what learning do we get? I don't see it.
It will result in less confidence in our potential, and for me when we are not confident in what we have is a very bad thing. Because after all, things have to be based on the confidence that we have.
Many people who have the ability but they are not confident, the result is that they cannot develop their abilities. Whereas in life (not just trading) we must be able to develop our abilities at all times.

Signals are complete scams and should be ignored by all traders.

With signals there is always a catch. Either the person or group who creates the signals is demanding money or is trying to grow their community to a point where its large enough and then they start demanding money in the form of some fee.

They are always so confident in the signals but often try to desperately hide their failures or make excuses for them.

You would have to be really gullible to fall for trading signals. ::)

If you want to trade then learn the ins and outs yourself. All the information you need is on the internet and all you need to do is google it. Although I would recommend trading testcoins and not real coins until you feel that you are ready to do so.

I ever experienced this, signals never guarantee for profits. Most signals are given too late, the entry time has been over when they share the signals. I feel that buying signal just waste money because it doesn't really help us. Even if the signals can help for profits, it won't be so significant because they signals come not in the best time to buy (entry time).

Signals are also ineffective when the market trend changes suddenly. Or there is bad news about the coins that come suddenly. So, we still need to do analysis even if we got signals from paid groups. This makes buying signals not really effective because we still need to do own research. Why we don't get the signals ourselves?

In addition, buying signal never makes be smarter in trading. It makes us to have no improvement in trading knowledge. We becomes have a lack ability in analysis both on the coins and the market trends it self. It is because buying signals lead us to be lazy, we never learned seriously.

Nothing beats out on having your own knowledge rather than on relying into others signal on which it doesnt really have no sense on doing so specially on this which it cant be on long term or definitely you wouldn't really be able to make yourself more good as you do keep on doing this. Its not bad to snip out ideas and analysis from others though but you should really be that so mindful about on making yourself that
independent so that you would really be able to stand on your own on the time that you would really be deciding on going solo.

Sooner or later you would really be able to realize along the way that it wont really be that so needed for you to follow someone forever. You would really be having that kind of feeling on being independent
on which it would really be that something a must thing to be done because we do prefer on depending or relying with our own analysis on which it wont really be giving out that kind of
regret on the time that you would be making out mistakes or losing trades.

Slowly but still progressing, the intention is to learn things as it will shower your with good benefits, and you said it right, those free tutorials that we can find online they are also earning from it, they wanted to gain views and traffics to give them good earnings they are sharing their knowledge and it's up to you on how to execute.

The basic principle is to learn how to guard your assets and how to make a good decision making from both sides, buy when the market is down and sell when the market is pumping.

Your take would be depending on how you learn from those learning materials that you gathered.

it is better to have knowledge yourself than to hope for a signal. however, if we can react to it, the signal service is also not bad. this means that novice traders can observe how to trade from the signals they follow, but afterwards can take lessons and learn to find trading patterns that suit themselves. but in reality many traders actually rely entirely on signals, and are lazy to learn, things like that should be avoided, because it's impossible for us to depend on signals forever, especially if it's definitely paid

Without the knowledge the signals will  be useless, it is not possible for any one to succeed in trading Without having knowledge.  Trading is always complicated in the absence of knowledge to trade. Beginners need to make knowledge about trading to be their priority because their is no shortcut to make profit in trading without getting knowledge first, then  signals can be used too as alternative way to make a trade to come out with a good output.

Some traders having basic knowledge of trading are also following signals of other. Maybe sometimes it works because signal providers could be legit person having good knowledge of analysis but still following signal will be avoided for traders because it will close the door of learning. it is better to learn and analyse the market and trade by making own signals. if other can do we can also do. Its not complicated task and with the little learn will make you able to trade byself

Well, but sometimes many people want instant results. They are lazy to do a deep analysis or deepen their trading knowledge, and depend on signals. In fact, many people use this. They sell the signals they get for people who don't want to do research and want instant results. This also causes people to see trading easier. Because only with signals, they can get big profits.
Well, although some people successfully guess the movement of prices through signals, the risks they do are very large. It would be better if the knowledge of trading was increased rather than depending on the signal.

Trading is complicated, and it is not a task; it is a skill that you need over time, and you can't learn it in just one night. It seems easy to say, but a lot of hard work and patience need to go into this, as well as trial and error. That is why those newbies want those trading signals because they are scared to learn them and not thinking about the long-term aspects. It is really better to learn on your own because in this world, you and yourself are the only ones you can rely on in terms of trading.

For a while it's actually not a problem to use signals but beginners also need to think for the long term,
we cannot continuously rely on signals that is why it is necessary to learn knowledge and skills,
back again it all depends on the decision of each of you.

This is one of the reasons signals group aren't recommended because it'll make you lazy and neglecting to learn how to read charts and predict yourself how the market is going to move. When you start getting signals and they're working well for you, you'll want to remind at the stage you're and this will be dangerous as you won't be getting any real experience as a trader and can't find reasons why the trades that didn't work are doing so, you'll be left in the dark.

Signals are only good for a short while and you can use them to raise capital for yourself but if you want to become a professional trader then you need to be doing things yourself so you can learn from your mistakes and improve on them while gaining experience as well.

most beginners in trading are often interested in channels that share trading signals. not necessarily bad, but for those who don't have the ability to re-analyze the given signal. this can be bad. especially when the signal is given for some altcoin or even shitcoin. remain careful in choosing the channel, sometimes there are interests of pumps and dumps that are intended for the benefit of only a few parties. keep learning and developing our skills will be better.