I find this to be true when I think of myself and many people I know.
Only 7% remain after 5 years because trading is exhausting physically and mentally. Most people can't live in stress for years.
People underperform the market because they are impatient. They see it going up and sell when they reach their target but their target often is not the market's target.
True, - what you refer to are behavioural biases. There's even specific area studying those - behavioural finance, as a part of which you can make trading models / systems / strategies to exploit and from from common traders' biases. I am not sure where you got your statistics from but more than 50% of traders earn with trading. When we mention trading you need to understand that it involves you and me and everyone in the crypto space; Taking profits and earning from trading has nothing to do with passion but determination, good and perfected trading skill as well as an accurate decision making skill too.
when it involves trading, do not involve emotions. Always do your own research.
Sorry, not to offend you, but you say the cliche phrase "always do your own research", yet you didn't do yours, because if you would - you would see every single source for the data just few messages above, and before that, as so many people asked same question without really checking the thread. If you believe >50% of traders are successful, then leet's see what that means... You can just google "number of traders" and the first result gives you 9.6 million online traders (doesn't matter how correct or wrong this specific number). Let's assume on average each of them trades with $1,000 (! on average - meaning someone can be with $10, or $1,990 or much more or much less). Let's assume each of them earns 20% annually net of fees, inflation, etc. (actually to achieve even this 20% is not that easy  ). So that implies that: 9.6 million of traders x 50% of successful ones according to you $1,000 avg. balance x (1 + 20%) ^ N, where "N" stands for the number of yearsWhat you get? - in 1 year, those 50% in total will be trading $5.7 billions - in 2 years, they will trade $6.9 billion, and so on... assuming average trader trades for 15 years (doesn't need to be precise), they will be collectively trading $73,953,703,558 = $74 billion! Oh, and yes we forgot to include newcomers in these 15 years, and funds, and corporates, and banks. You can do the math with 50% success... Is this only for the crypto market? I think 1% is too low, I really don't think that only 1% survives trading that earned a profit in the long run. I think those other than the 6.5% active traders are mostly traders who come and go when they see an opportunity and don't actively trade.
Can you provide us some context of this research results on how is this conducted, where does the resulting base, and what kind of platform does this research base?
Read above... That highlighted word is really appropriate in terms of traders performance.
Most are impatient thinking that this venue of investment is really easy, they've got a wrong impressions and with negative experienced
they'll be moving away that easy, giving it up and not to bother to continue instead of working more and learn more to established a much better patterns and winning strategy.
There's no "winning strategy" at all, it must always be changing and adapting to different markets, assets, situations, contexts, otherwise your balance will quickly drop to $0 I think Discipline is the key in trading, from many reads i understand that first two years are the learning. Then conclud Trading is the best option or not.
Why wouldn't you then just handle money to someone who passed these 2 years of learning and showed good results? We, as being rational (not always though) human beings aim to maximize ROI from anything we do. And here you make a choice: 1) waste 2 years + money lost in 2 years + not sure if can succeed after 2 years, vs. 2) handle money to proven professionals and let them do their job? |
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Some of the groups listed there are indeed not too bad at least - already some progress  There must be a few but with all the crappy ones it would be like looking for a needle in a haystack. I'd rather not waste time hunting for it. And it's not about whether it is English or whatever language. Telegram, all in all, is now overpopulated with worthless channels.
Finally, even if the channel is not a scam and TAs are shared, compared, and discussed openly and professionally, seldom does it really bring much unless you yourself is good in analyzing and are just looking for comparison from other analysts.
Yes, so it's nearly impossible to find anything good there. Guess will have to give up on TG then. |
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Where did you get this analysis? I'll be happy if you put the source to convince me that the analysis is trully happen.
I mean, I never got this information because if I got it then I'll have many times before I decide to be full time trader.
I read a trading book and the author just called that trader is a cursed profession and I just thought that it is true because I've felt it.
A trader prediction only have 70% if he really sure about his prediction. They never have 100% a chance to get profit about his prediction. Also, trading is always hard, just a fool people who admitted that earning money in trading is easy.
The sources for the numbers are just above your message. Would you cite those research papers you've been referring to? Many statistics, especially in trading, often relies only on a small percentage of respondents and never reached a the vast number of whole day traders. Yes, it is accurate that it is only almost 2% whom earns in trading, even I myself still struggles with it despite of being knowledgeable enough in that field. Trading, in overall aspect, is profitable. It really just an intense gambling of risks whether or not you take a point in either buying or selling. And of course, some intermediate knowledge with reading charts as well and searching for news would be a huge aid, yet the most important would be one trader's risk appetite.
Just a little note, there are DAY traders and LONG-TERM traders, whilst there are also STOCK trading, FIAT trading, and CRYPTO trading. Your 'researches' might be accurate on one side, and could be the opposite on the other.
The sources for the numbers are just two messages above. You also forgot to mention SWING traders, ALGO traders, ARBITRAGE traders, BOND traders, COMMODITY traders, DERIVATIVE traders, OPTIONS traders, SHORT-TERM traders, BOT traders, whom else you wanna include? Since trading is one of the most difficult professions and very long in terms of formation, the issue of learning in percentage is the same as that of successful traders. You can prepare theoretically, but practically hardly. Here psychology is also important, psychotype, approach and so on. This cannot be taught.
It will not work like that, having studied other people's mistakes you will only understand superficially, but the best understanding for a trader comes through his own series of trial and error. This is best stored in the head. That is, your negative experience will push you to find the right solution faster than someone else's. Until you make a mistake yourself, you will not understand. So it will never be possible to analyze other people's mistakes and completely avoid them. All traders have always lost their money at least once. And so it will continue. You have to go through this.
I believe you are correct. But if that's the case that would mean someone could automate all those things and avoid "personal experience" & psychological factors. Yet, algos also don't always produce positive return with consideration to all related expenses. Yes, it is. The strategy I mentioned can be used to trade in other patterns of online trading or investment you mentioned but you can't compare them all to cryptocurrency because crypto is volatile, only traders that have already learn how to maximize their profit over the loss and also seize every opportunity presented by the market can trade crypto.
Maximizing opportunity to possible loss is fairly easy I think, by just following TP @ 3 and SL @ 1 (3-to-1 ratio) would produce "decent" results and would make sure you don't lose all money too quickly. In trading, it's good to always seize every opportunity that the crypto market has to offer but expect that not all opportunities will give you profits because sometimes, it's there to give you lessons to learn. If you chose to be more patient and always control your emotions when trading, then you can be those 1% who remain to trade successfully after long years in trading. I guess the reason why some traders don't last in this trading activity because of their thought that trading gives you quick profits and make you a millionaire in just a short period of time which is definitely not true.
In fact if you try to seize every opportunity around you are likely to get distorted and get your capital spread on too many deals which you cannot track well because of natural human limitations. If you try to play statistics by using "law of large numbers" and take every chance with the hope that eventually 51% of opportunities will be profitable and 49% will be not - you will very quickly find out that your capital is not sufficient to try that law in real life. |
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First of all you should accept the fact that crypto is volatile and you can not possibly change that, so if you started to trade crypto you should be aware of that.
All you can do is to just limit your exposure to risk using some strategies such as dollar cost averaging, hedging and of course using stop-loss and take profit all the time.
The most useful strategy would be dollar cost averaging which if used properly can significantly minimize the risk you're taking on your trades and give you a better entry price whether you're shorting or longing or just buying on spot without leverage.
I have to admit you basically wrote the entire trading strategy, which if implemented carefully can yield some decent returns But I would love to know about your hedging part - how do you actually hedge except for partially liquidating BTC and entering USD? |
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There are many russian scammers as well in crypto space, in ICO days many ICO projects have russian CEO and they all turn scam projects, now it's hard for many to trust any new project that have russian team members, though most crypto scammers are english speakers, that's why we have more scam ENG telegram groups
Also most new crypto projects are from english part of the worlds like U.K, US, and other english spoken countries and mind you these english telegram groups also consider opening russian telegram groups if possible, don't invest in a project because of their activeness on telegram, it doesn't make sense
No, it's not nation-related There are many scammers from every part of the world and naturally they utilize either the languages they can speak, or languages they can afford to make marketing for. But I wasn't looking for ICO / DeFi channels at all - they are 99.99% scam, so don't even try. Was thinking of more analytical kind of content. I have had this unpopular thought about telegram being a diminishing factor in reducing crimes in cryptocurrencies. I can't vouch for 100% of the groups been scam but I can boldly tell you that, telegram is a den of scammers where they rub off innocent victims of their funds. Activeness of some groups are sponsored, there are handful of legitimate traders on twitter twitter who can be your guide.
Would you say that Telegram is dead then for quality blockchain-related content? I say let's start a group where we can compile a list of ponzi / scammers in the crypto world, to warn others. I'd hate for some innocent person to get tricked.
It's good and great idea (I believe you could earn merit points for that ), but there are 2 problems: 1) it's not vey feasible because TG groups emerge and die every hour and you cannot keep track of each of them manually; 2) The number is so huge, that's why I wanted to discover the good ones instead of finding which ones are bad. By Default 99.999999% are not good, so was hoping more experienced members here know what are those 00.000001% of groups / channels. |
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Bitcoin millionaire can liquidate all of their money and can spend it whereas the stock investor can't really do that because meanwhile doing the prices will actually going to fell down which is also possible in bitcoin but more likely to happen when a billionaire by stock market investor is doing it.
Bitcoin is actual currency and also can be considered as an asset which is more convenient to use so its actually going to be a part of every billionaire's portfolio in the near future.
Who said that with liquidating BTC position prices won't fall down? The social phenomenon of poor people pretending to be rich is way too rare to have any influence on other things, like Bitcoin. What you're asking is if Bitcoin is a status symbol, and it's obviously not - you can own even tiny pieces worth less than $1. You can't show it off, if you'd tried to post a Bitcoin signed message on social media, no one would understand what it means.
I think the phenomenon is quite global though. While you think it might be happening with TikTok-ers only in the specific country, it takes place in USA, EU, Asia, Russia... Don't have enough knowledge to comment about Latin America or Africa, but I would assume it should be same. And this trend is way too fundamental not to influence other things. And my comment about "fake rich" is not about showing off with your public key, but rather about this particular asset being trendy and very well positioned to be inline with the overall trend so that it could give a hope to those "wanna be rich" that they can avoid savings, FX, bonds, stocks, etc., and there's such an easy and quick way to move in their social status via this particular tool. Who cares about post-apocalyptic scenarios, if they would actually happen, 99% of us will be instantly dead.
True, but that's a good baseline of what is really fundamental and will be left once extreme-case scenario takes place. as just another value asset bitcoin has a market and people ready to buy and sell. I don't think any asset would be needed in a post-apocalyptic scenarios...did you prefer to own a Picasso painting or a farm? covid19 has been already a sort of day 0, something very hard that has changed our life. bitcoin has showed a strong resilience, touching also a new ATH Of course would prefer to own a farm rather than Picasso or Bitcoin... and farm itself is an asset, isn't it? I believe ATH isn't the best indicator of something's resilience, as tulps, Lehman, LTCM, and many other things had ATH at some point in time too. Hahaha Done to screenshot and save the link You can tell us when your exchange hits $1M daily trading volume That will be challenging to hits that, but I am sure you can do that if you can attract so many traders to trade on your exchange. We already got approximately $40-50k daily, which is a good start given that we launched just recently, so we are on the way Don't lose this link! And thank you for your trust - we are also confident that in 2021 fairly quickly we should reach the goal! You can help us too  I will be happy too if I can profit from bitcoin, especially when the bitcoin price can break $21k. I am waiting for this moment to sell some bitcoin I have, and I am making some profit. I treat bitcoin as an investment and income source, so I will try to make as much profit as possible.
Given the today price development you already did profit a great deal from BTC! So congratulations on that! But you could profit even more if you would be using our Tranched Value Securities with less risk I also believe that some of those people really used Bitcoin or crypto as their asset,
But do we need to care about how they want to spend their money?
They earned it on their own so they have the right to buy what they want unless you are envious about their achievement or what they have.
I think fair point. Yet, the discussion and question were not about that. With the Bitcoin price above 22,000 USD, I wouldn't call that "fake rich" anymore. With those kind of price levels you are actually rich by holding some coins. Nothing wrong with that. I wouldn't care about anyone looking down on me if I made it big with cryptos. Unfortunately it's still a long way to go for me.
Even when price reaches $100,000 / BTC or $1M - it won't change the fundamental things that me and other members have mentioned. |
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I'd just like to point out that you've been amazingly responsive, thanks for that OP!
Thank you so much for appreciating our efforts! We indeed do care about every single user and we do aim to make sure that each one of you learns the better ways to sustainably earn high profits via the methods and financial tools commonly used by the "elite ones". And we are always happy to answer any questions you might have! Feel free to join our Telegram chat where you can speak directly to our CEO and learn more about derivatives trading and how to make sure you don't lose when Bitcoin price corrects: https://t.me/exchange_as |
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your opinion makes sense, if we look at it from an investor's point of view. researching in depth is indeed the main thing we have to do in order not to lose the funds which we will do later. but if we look at it from the perspective of a bounty hunter, this is something that doesn't really matter to me. because it's better, we just follow whatever the project does
I believe your point makes the most sense. And some projects / companies (like us) never even ask for any public investment, because we do believe in whatever you guys believe - if you can't run a business without external money and not ready to put all personal savings in your idea, investments will not save you either, because you don't know how to run a business or your yourself don't believe in your idea. |
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do not invest in new projects! investing in new projects will make you lose your capital,
its better investing in projects with strong fundamentals, such as Ethereum or EOS.
Sounds like "Do not invest in Facebook at IPO, Do not invest in AirBnb, Do not invest in Lyft; invest only in Intel, HP, Microsoft, GM, GE, etc." Then how Sequoia Capital and other VCs invest? |
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Do not trust those 6 projects either!
In some cases they are false profiles, it even gives you LinkedIn and other social networks.
To know if a project is good, it must have good partners, a white paper, there must be interviews with the CEO and it must be highly recognized in the world of cryptocurrencies.
Well I can speak only for ourselves, and if you have any concerns regarding us being legit, feel free to ask or DM us - happy to answer any questions you might have. Regarding the second part of your comment "good partners" - Madoff Ponzi had the best partners you can imagine in the world, PlusToken - was promoted by everyone; whitepaper - can be ordered on Fiverr or on BitcoinTalk for fairly cheap price, or even can be automatically generated (there are services for that); and how about those who don't do ICO or DeFi? What's the purpose of WhitePaper there? Do you request Uber to have a whitepaper too when they just started? As for interviews with CEO - you can get those for $3-5k at most with "decent" media and more expensive with bigger media. As for "recognized" - Facebook, Netflix, Bitcoin, Ethereum, EOS, Uber, - you name it - had 0 recognition in the early days. |
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Yes, they say that for some purpose. Right now the market is going crazy again with a price of 20,000 USD. After the increase in the price of bitcoins in the market, they may sell their bitcoins so much that the price falls again. Then they buy back at a cheap price. Isn't it very easy to fry prices like that for those well-known companies and those who feel the impact are new buyers, and buyers of coins like me. Be wise in your attitude on every issue that develops, the market may fry hot issues but they turn out to be zonk.
Absolutely, now it's just FOMO + HYPE + every week news about some X buying Y million / billions worth of BTC. That's quite pretty clear about what is gonna happen next. For sure, BTC might well go even higher than $22.5k, but... eventually those who bought it will start fixing their profits in US$. just be vigilant in the market esp if you have money on the line. dont believe all the things that you are reading or speculation from "well-known" personalities. be alert of what may or may not happen. if you do want to secure your portfolio, you can sell some of it, and you know for sure, you are already making profit. greed is the common cause of our losses here. so better come up with a decision that you will not regret afterwards.
we will see huge numbers in play here, but the question is, will that really happen? so in either scenario, you should have your own strategies ready to implement with.
I agree, but don't forget that selling too early also can be part of greed bias Imagine you sell @ $22.5k, and then never see BTC lower than $30k in your life... I believe that's not the case, but that's the thinking of newly fleeing "traders/investors" who enter the market now @ ATH. |
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Honestly I am not that great trader as to know those terms or use them in reality. I have been literally normal trader all the time and the kind who just holds bitcoin and get some profits when bitcoin's volatility shows some upward moves. The one who buy at bitcoin's lowest possible point of that month or quarter and hold for few months and take the action as soon as it goes up. However, it's always been hard decision as to when to enter into crypto. Bitcoin is hard bitch, and just now the market gone up by 10%+ in few hours. So it's very hard to decide whether I should get in or just wait for the market to drop. These kind of decisions are still hard for me to make all by myself. I am very interested in this thread and will see what others has to say about this. You are referring to volatility trading, then why don't you try trading options since there you can make bets on volatility, or trade BTC and hedge the adversary volatility change with derivatives Also there are straddles, strangles, butterflies, etc., etc. where you can just construct the desired position to make your bet. Like that with derivatives you: 1) get higher ROI (because cheaper than spot), 2) can fine-tune your bet, rather than take 100% market up/down potential, and 3) with current crypto market state not too many people do that (yet there are some of course) so could earn decent arbitrage profits. Being in the market for a couple of years, I don't manage bitcoin's price risk anymore. I'm looking to it as something positive just as its volatility will make my investment someday higher than what I'm expecting. Just as you've said that a forever hold guy, I think I belong to that group.
No worries even if the market swings from top to bottom and vice versa, what's important to me is that I'll see someday the bitcoin I've got will rise in an unexpected price. Although it's a tough game for holders, patience is really one of the key to overcome those market swings. With the experience and witnessing and enduring several bears, it made my feeling numb as I look at the price.
Just gave up on trying to manage price risk? well, that's kind of passive strategy, which is also okay. Like in capital markets in the past few years passive investors (ETF / Index holders) tend to earn more net of fees as compared to active investors. Yet, the very few among active ones can earn very substantial profits. Easy to say but really hard to be done.I would ask you if you do able to spot out which is the bottom and which is the peak price?
If this thing is something that can be known or to be handled then lots of us traders are making serious profits now since we can able to handle
out those price volatility which is the most impossible thing to be done as a trader.
Managing risk will particularly talks about on how you gonna handle your capital and making yourself sustainable into this market.
Yes, you are indeed correct. It takes time before you'll be able to master any strategy that you'll going to use inside this market, if what he's said is just simple and really being followed then logically most traders are gainers,
But in reality, this principle is not that easy even how you tried to established your position, there's a time that ongoing trends will hit you up to cope up with the situation.
Very important to deal with every decision that you take. Fund management is a type of skill that not anyone have, by managing it right your position inside any market is much better in the long run.
If someone believes in strategy, then why not just use algo-trading or directly invest in algo-fund which employs that particular strategy then? |
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I'd like to further state; I am in no way paid to promote them, it was the first group that came to mind, when recommending them. Would have to agree to the comment that stated Twitter!
Why not start your own TG group, and get people to be part of it? I'd join it!
It's okay - from first look such group indeed might look decent, but after checking carefully you will find out that 99.9% of such groups are fake. And feel free to join ours, which is slowly growing - can chat there with our CEO directly https://t.me/exchange_as(hope the post won't get removed for this, since the intention was not to advertise our group, but really to find other good ones) You are in a forum that is a source for good quality discussions, so why do you want to search for a channel on Telegram? A lot of channels want to make profits, and thus you will find many people who talk to make their channels look great.
You are very correct - indeed here are the most constructive discussions. But what I meant is not to find group for discussion, but group with quality content. Like analytical things from some reputable and good trader / miner / or someone who knows what s/he is talking about and publishes good and quality content there. After asking some admins of Russian TG groups+channels (who operate the good ones), they also said there's nothing good in ENG, which is quite disappointing. Just for reference, I can mention 1 TG channel+group in ENG which is quite good from the requirements I provided (analytical, authentic, not scammer, not profiting from ads, knows what he is talking about, etc.) But not to advertise (and possibly get banned) - I can send you in DM if you want, just to share what kind of things I am looking for. If you want a good channel, send a private message to the members you trust by paying them to join your channel, pay to them, and then you can add whoever you want to that channel.
Yes, will do so later probably, now might be not the best time to do it in full-scale yet To be fair, while we get decent threads on the Trading Discussion section from time to time, it's mostly those "what coin to buy" and basic beginner trading question threads, not technical analysis posts(which I think is that OP is looking for).
Yes, and on ENG TG even worse... scams/idiots/ponzi/spam/trash content/content for total beginners... which again is not really the case in RUS part of TG. That's why was wondering. The closest ones that might be fit your criteria are the official Telegram group itself of some big trading platforms today. Binancehttps://t.me/BinanceExchangeKucoinhttps://t.me/Kucoin_ExchangeThese are English Groups. Other languages are also available. Checking at these groups, you will see some "real traders" sharing ideas. Yes, I know these ones, also for FTX, BitMEX, etc. - they do have some real and good ideas sometimes, but it's rather non-systematic. Second that what was said by @goinmerry, was on my mind actually when reading your post. There are a few groups where you would find a few constructive discussion. It's true sometimes scammers have been trying to post a few scam sites like Ponzi or whatever, but due to strong moderation, they fail to do that. Everyone knows Telegram has become a safe haven for scammers due to anonymous and encrypted communications. It's become easier to scam peoples and scammers getting advantage of that anonymity. Most spammers always add you to a new group unless you turn it off from privacy settings. So, be careful when you are in a telegram, you may follow a few reputed exchange or news source. But make sure you are not doing any financial deal there.
Indeed, we know it best, since we got to know you thanks to the scammer who pretended to be you on TG and then we checked (I assume some wouldn't and then would accuse you here) and found the real you |
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Could you do this in a non-custodial way, with WBTC and ETH?
That's a great question! Yes, that would be possible, but there are specific reasons why we chose the current model: 1) derivatives for BTC & digital assets are just the first step for us, with later additions of alternative assets (PE/VC fund shares, commodities, real estate, etc.) as underlyings, and then capital market assets (stocks, bonds, FX). Thus it's hardly imaginable that NASDAQ, CBOE, CME, HKEX or similar ones would be operating on non-custodial model 2) As the current trend (which is unlikely to change very soon), custodial exchanges aggregate greater liquidity via market makers, partners, and retail traders, while the second one normally doesn't to such extend. Therefore, we aim to provide customers with the best currently available liquidity to ensure you get executed trades fast and at best prices. 3) We are not "just another crypto-exchange" where developers raise public money, do DeFi, issue useless internal token or something and put all responsibility on end-users for asset safety. So with them - if you lose it for some reason - it's your problem. On the contrary, with our model - we fully understand and take full responsibility for safety of each single client. And if something happens - we will be responsible for full compensation. Due to the above, currently we operate as custodial CEX. |
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Just a brief note from another thread that we posted, which I believe might be useful to know to the current readers about many other projects. By the way a little note on many other services, exchanges and FinTech companies... Currently, the trend in FinTech is such that when you see "Bitcoin" in your personal cabinet / wallet - it's not the actual Bitcoin, but just a record in the service's web-page (you can think of it as fictional Bitcoin tied to the actual Bitcoin price). Thus, there's no guarantee that once you deposit it there, you will actually be able to withdraw that Bitcoin (in fact: exchange fictional Bitcoin to the actual Bitcoin). Without the service allowing you to do the fake<->real Bitcoin exchange, you can use your fake Bitcoin only within the ecosystem of that service.
With as.exchange you have the actual Bitcoins in your personal cabinet, not the fake Bitcoins as described above. |
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You're honestly mostly better off following reputable traders on Twitter instead. There's just something about Telegram groups that seems so scammy for me due to some groups being private. On Twitter on the other hand, you can easily get called out if you're obviously scamming or just attempting a pump&dump on a coin/token.
Yes on Twitter there are indeed plenty of good and reliable people unlike Telegram. Just was wondering if ENG TG has anything useful at all, like there are very very few in Russian (I personally know only 2-4 max), but in ENG totally 0 Probably you are right and it's better to totally ignore TG. |
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By the way a little note on many other services, exchanges and FinTech companies... Currently, the trend in FinTech is such that when you see "Bitcoin" in your personal cabinet / wallet - it's not the actual Bitcoin, but just a record in the service's web-page (you can think of it as fictional Bitcoin tied to the actual Bitcoin price). Thus, there's no guarantee that once you deposit it there, you will actually be able to withdraw that Bitcoin (in fact: exchange fictional Bitcoin to the actual Bitcoin). Without the service allowing you to do the fake<->real Bitcoin exchange, you can use your fake Bitcoin only within the ecosystem of that service.
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CWN Crypto Chat https://t.me/CryptoChatCWNGood group, everyone is active and pretty much lets you know through a network of people the top gainers / losers though they primarily focus on BTC and ETH, with the odd occasion of other coins. Only downside, constant flow of messages, meaning if you don't check it within a couple of hours you do build up thousands of unread messages. After checking the TG - there are 183k members of the group. In the past 3 days mostly 3 people talk with each other +1-2 occasionally send some message. You can also see continually decreasing number of subscribers. If you check the main channel with >500k followers you will see it's even worse. Furthermore, the analytical tool for channels clearly states about the channel "Channel suspected of using unfair promotion methods". On Twitter they have 49.7K followers, and 3-30 likes + 15 retweets. The website itself looks like aggregator of other news. Based on the above you can draw your conclusions. But it's definitely not something I was looking for. |
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Hello guys. After checking for quite long time, I see there's no single reliable Telegram ENG group?
Let me clarify what I mean - I saw hundreds of ICO, bounty, investment, signals, whales, P&D, etc. groups - 100% of them are scam, don't have anything useful or created just to get advertisement payments by reposting news, nothing more. In Russian it's almost same, but not 100% - 10% of groups are really good, professional, authors do very good analysis (NEVER SELL SIGNALS - if you see someone selling signals - ITS SCAM), either from fundamental side, from technical side, or from other aspects. Is it really so bad and trashy in ENG TG space?
Happy to see recommendations, unless its about bounties, DeFi, HYIP, ponzi, signals, ICOs...
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You should remember what happened to Bitcoin last time when Goldman Sachs made comment like that... then everyone also was so happy and crazy buying BTC, while GS was selling all BTC for their clients via own subsidiary in Sweden You better learn the lesson about the intentions and the real actions behind such comments (and especially by such people). They are not stupid to say something good to raise the market price, and then buy for themselves at ATHs. |
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