Can we trust Telegram Signal channel..?

[emalithcrypto]

I have joined several telegram signal channel for signals. all are free signal channels. I followed their signal time. most of signals they give us after the pump. time different is about one minutes oh two. but they always tell they are success. lot of newbie traders have  lost of this tricks. I think some experienced traders know about this..? please help me with this..?

[mk4]

Chances are, prices are rising just because those "signal channels" are telling their members to buy, rather than actually predicting a rise in price. Such groups aren't made to help people, but to profit from the people. They buy the coins before telling their members to buy, hence raising the price.

It's always best to do your own research and invest using your own judgement.

[DaMut]

trust ? you can not trust anybody in here .
trading rule : you only can trust yourself no one else because only you know about yourself and everything about you(financial,mind,strategy,etc etc).
i ever encountered something like that and from my view they made it just to gain profit from their follower or subscriber.
for example your case,
you joined a free telegram signal channel,what is their benefit?
they will tell you about something that will happen and pump news,but in reality they'll only tell you about their holding.
when the price is up they will sell it and you will be the next holders when they get profit from your orders.

trading is an act,buy or sell.
which mean you will only get PROFIT if your Buy orders more than Sell orders.
bear it in your mind,nobody want to share their profit without benefit

[Svelto]

I joined a few of the telegram groups previously and I don’t think they are reliable. The signals given are usually pump and dump coins, which are pre-pumped. I feel that the groups are making used of the members to mass pump the coins and gain profit from it.

I would rather you to try identifying some good coins and invest for a decent return than being caught in a pumping coin.

[harizen]

I have joined several telegram signal channel for signals. all are free signal channels. I followed their signal time. most of signals they give us after the pump. time different is about one minutes oh two. but they always tell they are success. lot of newbie traders have  lost of this tricks. I think some experienced traders know about this..? please help me with this..?

It's up to you.

That signal channels is for reference purposes only. You are the one who will make the final verdict of you decision. There is no such thing that can predict accurately the flow of price 100%. You must make your own analyzation and took that signals as reference in order to give you some insights on your future trades.

[giveen]

No specially now there is no way you can trust those signals, in earlier days when telegram signals group wasn't as famous as it is today there used to be a group called crypto moons there were only 100 of us and admin used to chat with us. He gave us various signals for free and we even made huge amount of profits but suddenly it grew to more than 10k members and instead of following the signals every rushed to buy the coin which caused a pump and finally someone dumps it giving everyone a loss.
There was also a instance few group admins bought a coin at super low price and claimed it to be their vip signal when it started gaining price they all dumped it. Not saying you to stay away but these signals actually gave me a idea on how to trade profitably.

[Mahanton]

Chances are, prices are rising just because those "signal channels" are telling their members to buy, rather than actually predicting a rise in price. Such groups aren't made to help people, but to profit from the people. They buy the coins before telling their members to buy, hence raising the price.

It's always best to do your own research and invest using your own judgement.

This is actually the usual stuff and for OP you are just being used by those people who did tell on what you should do. Their might be free but the risk on following their signals is there.The reason why you do lose? because you did actually bought a certain coin on a peak price which those people who are involve on that group would decide to dump their coins once they hit up a particular price range.

[traderethereum]

I have joined several telegram signal channel for signals. all are free signal channels. I followed their signal time. most of signals they give us after the pump. time different is about one minutes oh two. but they always tell they are success. lot of newbie traders have  lost of this tricks. I think some experienced traders know about this..? please help me with this..?

why you believe the telegram signal channel? i think you don't have to believe with them and you can use their signal to help you to analyze the coins. i know sometimes it works success but no one can guarantee that we always make money with them. there is another time for us to get loss and we can  only to analyze the charts in the market.

[raking]

I have joined several telegram signal channel for signals. all are free signal channels. I followed their signal time. most of signals they give us after the pump. time different is about one minutes oh two. but they always tell they are success. lot of newbie traders have  lost of this tricks. I think some experienced traders know about this..? please help me with this..?

What  is  make you believe in their predictions? Even if they have predicted right a few times, but the decision is up to you. If you follow them and fail, who has problem is yourself. You even don't know who they are. I think it is not difficult to make predictions. It is simply a prediction, not a positive statement.

[Ucy]

Never put all trust in such people. Even those that seem trustworthy are predicting the market just as every other traders.. which is why they are called Speculators.  Trading Cryptocurrency esp Altcoin is very unpredictable. You should research thoroughly on suggested Altcoins before making that commitment.
If you're a day trader  I would advise you focus on fairly predictable coins like Bitcoin, Monereo, Ethereum, Litcoin, Zcash etc

[zxl912157]

I have joined several telegram signal channel for signals. all are free signal channels. I followed their signal time. most of signals they give us after the pump. time different is about one minutes oh two. but they always tell they are success. lot of newbie traders have  lost of this tricks. I think some experienced traders know about this..? please help me with this..?

why you believe the telegram signal channel? i think you don't have to believe with them and you can use their signal to help you to analyze the coins. i know sometimes it works success but no one can guarantee that we always make money with them. there is another time for us to get loss and we can  only to analyze the charts in the market.

Not all true, and still risky. I even hesitate with this kind of group. Everyone can say anything there, and they are not responsible. They can provide various information but they also do not know whether it is true or not.
Unless a trusted group is there an admin creates a rule.
I might try it.

[stratster]

You better follow groups with news and discussions, to make a fundamental and sentimental analysis on your own.
The signal groups mostly have some automated software that do technical analysis and throw some prediction, but crypto's now are more sensible to news, new regulations , forks and etc than analysis.

[kobe24]

Im also member of different telegram signals and I can say there are some coin signals that is really pumping it's been months since im watching the telegram group but to trust? Definitely no because there are high chances there will be a high chances for a big dump, i also noticed that not all their signals are accurate.

[sweetdolly]

Im also member of different telegram signals and I can say there are some coin signals that is really pumping it's been months since im watching the telegram group but to trust? Definitely no because there are high chances there will be a high chances for a big dump, i also noticed that not all their signals are accurate.

I trully agree with you in this. We should always remember  signal channels or even telegram signal channel only relay informations for traders or investors like us  what we want to hear and probably that is the Good side. So better yet be very careful and dont fully trust there act.

[Pursuer]

absolutely not

most of these "signals" are fake.
what they do is that they usually follow the market and when they see a pump they give you a signal, most of the times they are either way too late into the pump or it is a mistake which means you may lose money.
and other times is that they give fake signals to make their followers buy some crap so that they can dump the bags they are holding. which is the classic method that the pumpers use for making money from their sheep followers.

[Ken.drick]

There's always a chance, patience, have their own judgment

[pugman]

I have joined several telegram signal channel for signals. all are free signal channels. I followed their signal time. most of signals they give us after the pump. time different is about one minutes oh two. but they always tell they are success. lot of newbie traders have  lost of this tricks. I think some experienced traders know about this..? please help me with this..?

Once a wise man said,"If you are good at something,never do it for free". That's what is happening here,but there are limited premium telegram groups that are not free,you have to pay a few hundred dollars to enroll and then the signals would be legit and then you don't have to worry of getting tricked. But these telegram signals are not suggested most of the times,a trader follows his own steps and only then will he be a successful trader.

[AriannaSantosUU]

Some of these signal groups are devious since they could be tricking you into pumping coins that they already "pre-pumped" so that they can dump when it's high. Be careful as i have already seen lots of negative feedback regarding them. I think they call them pump groups in telegram.

[pairinpay]

Never trusted 100% anyone in internet.
You must make your own analyzation and took that signals as reference

[haroldtee]

Never put all trust in such people. Even those that seem trustworthy are predicting the market just as every other traders.. which is why they are called Speculators.  Trading Cryptocurrency esp Altcoin is very unpredictable. You should research thoroughly on suggested Altcoins before making that commitment.
If you're a day trader  I would advise you focus on fairly predictable coins like Bitcoin, Monereo, Ethereum, Litcoin, Zcash etc

All? Never put any of your trust in those people. Or the other way round, if they call a signal and you were not able to buy when the price has not increased too much, then you can probably opt in with some stop loss though, otherwise do not even try hopping in at all cause that would make you a FOMO and you will definitely miss out and even loose more eventually.
That is what I have always done to make the best of it except from my own normal trading. If you can do that, then you will be safe. (and I repeat, never buy when it is already high). They are also in it for the profit and they will dump on you at the slightest chance they get.