astridwi
Jr. Member
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Activity: 262
Merit: 2
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August 20, 2018, 05:33:39 PM |
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Trading by following a signal in my opinion is very good, as well as to read the conditions of the online market, it's something good again for online business.
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Bennix
Copper Member
Jr. Member
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Activity: 210
Merit: 1
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August 20, 2018, 06:10:40 PM |
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Trading by following signal is one of the problems that made a lot of traders to have a huge loss they may not recover.
In every business,one is expected to learn how to trade and at the same time allocate some time for learning the trade,but some out of laziness and ignorance choose not to learn the crypto currency trading.
From experience,the pro traders will buy a coin at the support level and place their buy orders at resistance level
Only to give out signal to inexperienced traders of which at the end of the day those inexperience traders buy at highland sell at low price.
Trading using signal has resulted in loss of fund of which sometimes hackers hijack the Api keys of those inexperience traders and use it to perform some illegal act.
Trading using signal is deadly because if one is trading using big leverage as a result of the signal he received,he might loose 80% of his capital.
Finally ,trading using signal is not good
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zazarb
Legendary
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Activity: 3374
Merit: 1548
Get loan in just five minutes goo.gl/8WMW6n
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August 20, 2018, 06:11:42 PM |
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Don't trust any prediction groups, because you will be scamed. You should make your own decision, no one can be sure 100% how the prices of any Altcoins goes. Be smart and learn how correctly invest your money by yourself. Watch the market fluctuate, read more about cryptocurrency and so on.
Good luck.
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Zicasu
Newbie
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Activity: 21
Merit: 0
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October 09, 2018, 12:35:15 PM |
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It really depends which group you following. If you are a newbie with trading - Yes I can tell that it is worth it. If you are an expert - you will not looking such groups / Telegram channels. However, if you decide to join to any Channel, you should always do a research before. why? because there are many channels that not worth the price. You can read this Article about Crypto signals that will support your research. Here it is: https://smartoptions.io/telegram-crypto-signals/ |
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katuhakuh
Jr. Member
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Activity: 322
Merit: 2
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October 09, 2018, 01:28:05 PM |
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I think you have to understand how signals come, for example some only send signals when prices are below the resistance point, so even if you join a group doing your own research to trade you must be able to read the market it will be good when the market turns red then that is a signal for you to buy it.
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Mainman08
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October 09, 2018, 02:21:45 PM |
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If you are into trading you should have all the knowledge in doing it. If you only follow the signals from other people you might lose your money. Following signals from others is not a good thing to practice when you are into trading.
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maemunah
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October 09, 2018, 03:03:33 PM |
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I like the signals groups where you can learn some TA, FA, meet some cool people and talk about everything. If it's just "buy coin X at xxx sats" that's crap, mate. Be careful and do not let yourself be deceived.
Of course, especially now that there are more and more years of fraud in the crypto world like scam coins. so we all have to be careful to buy new coins appearing on the market |
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A.H.Rassel
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October 09, 2018, 03:46:01 PM |
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You joined some signal groups with a monthly fee it's not a good idea but already joined, First, watch there signals 1/2 month if 70% signal give profit then invest you're $ in short-term trading.
The second way to learn technical and fundamental analysis rather than joining groups.
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nicster551
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October 09, 2018, 04:39:12 PM |
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Hi everyone, I'm just start trading and I don't have too much experience in chart or technical analyse. So I joined some signal groups with monthly fee. Is it good, in your opnion? I hear about Alanmaster and his VIP signal, anyone hear about him or join his VIP member. Since I want to try so it's good if I have some feedback about it. Thanks  Following a trade signal is not that bad if you know what you are doing and if you really don't want to learn anything from trading. |
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CryptoIyke
Copper Member
Jr. Member
Offline
Activity: 308
Merit: 1
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October 09, 2018, 08:59:36 PM |
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Was bad experience following signals, I learnt that more than 70% of those signals go wrong. It is better for one to learn his or her own strategy and follow it. It is always the best. Many of those signal givers don't follow it, Infact they are not real traders
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zero9119
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October 09, 2018, 10:24:40 PM |
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Was bad experience following signals, I learnt that more than 70% of those signals go wrong. It is better for one to learn his or her own strategy and follow it. It is always the best. Many of those signal givers don't follow it, Infact they are not real traders
Publicly-traded investment groups have no good intentions, which is only a form of market manipulation by large investors. The failure rate for investing in signals is very high, and especially for new entrants to the market, it is easy to be attracted by signals. |
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iMark
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October 10, 2018, 12:23:43 AM |
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I do follow signals BUT, I don't rely on their signals, I just use it as a reference. Example is one group announced that they a certain XXXX coin is going to be pumped at a certain price, so members of that group will start buying and they wait for the price to reach a certain price, then they all start to dump. Those who received or read the announcement will buy the coin at higher price. It's nothing but pure price manipulation even if the project is not even good to begin with.
I agree with you. After all, we should learn when to get in and when to get out in trading, signal should just be an information where you can see some other perspectives and make you to make a better decision. you right, make it as another perspective or your reference in choosing a coin and analysis, don't follow 100% what they say because we don't know the true purpose of themself, so do your own research and make signals as references |
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kaizerblitz
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October 10, 2018, 01:27:04 AM |
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Make your own signals don't follow them because all of them are trying to scam you and i proving to you because iam one of the victim and i regret joining that signals and pumps group i loss a $500 USD on that.
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jasminepopa
Newbie
Offline
Activity: 1
Merit: 0
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October 10, 2018, 04:46:12 AM |
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Thanks everyone for your advice, since I want to trade but I have no idea how to start, which coin, how to analyse. That why I follow those paid channel, if not, i really concern what to do next  |
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miningguru
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October 10, 2018, 04:56:40 AM |
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I do follow signals BUT, I don't rely on their signals, I just use it as a reference. Example is one group announced that they a certain XXXX coin is going to be pumped at a certain price, so members of that group will start buying and they wait for the price to reach a certain price, then they all start to dump. Those who received or read the announcement will buy the coin at higher price. It's nothing but pure price manipulation even if the project is not even good to begin with.
I agree with you. After all, we should learn when to get in and when to get out in trading, signal should just be an information where you can see some other perspectives and make you to make a better decision. you right, make it as another perspective or your reference in choosing a coin and analysis, don't follow 100% what they say because we don't know the true purpose of themself, so do your own research and make signals as references Yes, you are right we shouldn't follow them dumbly in the market because market fluctuation is completely common. So we have to do our own research instead of following their signals, they will choose only their desired coins in order to make a profit who started giving signals. |
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Andrey13101991
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October 11, 2018, 11:31:03 AM |
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I also started trading signals, there is nothing wrong with that. Just check them first, don't put most of your money in. Look at how they work.
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MRY
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October 11, 2018, 01:45:06 PM |
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I think, to trade then we also have to see the movement in the market and the signal from the coin whether it will have a good and profitable movement or not because without paying attention to all of that we will only be able to speculate and have a big risk
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therwtonn
Jr. Member
Offline
Activity: 82
Merit: 1
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October 16, 2018, 07:24:08 AM |
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Hi everyone, I'm just start trading and I don't have too much experience in chart or technical analyse. So I joined some signal groups with monthly fee. Is it good, in your opnion? I hear about Alanmaster and his VIP signal, anyone hear about him or join his VIP member. Since I want to try so it's good if I have some feedback about it. Thanks Following a trade signal is not that bad if you know what you are doing and if you really don't want to learn anything from trading. In my opinion it is not good because signals sometimes can be wrong. You should do your own analysis of the market and make your decision according to your analysis. In these days there are no green signals and if somebody told you that the market is green as I heard many times before, will you believe them? Following wrong signals means losing your money |
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sinkfish
Jr. Member
Offline
Activity: 252
Merit: 1
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October 16, 2018, 09:45:00 AM |
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Hi everyone, I'm just start trading and I don't have too much experience in chart or technical analyse. So I joined some signal groups with monthly fee. Is it good, in your opnion? I hear about Alanmaster and his VIP signal, anyone hear about him or join his VIP member. Since I want to try so it's good if I have some feedback about it. Thanks all this group are just bait and scam. no one can predict the market. not 100%. you can learn how to trade and TA. but not pay to follow some so called expert. i advice is not to join. |
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wayaneka
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October 16, 2018, 10:04:22 AM |
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Alot of paid trading signal and free one and i was follow them in some trade, but iam not lucky cause every signal that they given and i followed mostly wrong prediction, so from that i decide to trade by my own analysis. We should analysis the price action of crypto by self so later we will become expert.
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