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Author Topic: Crypto signals - any successful cases? Advices?  (Read 722 times)
So981nn
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October 13, 2023, 01:30:54 PM
 #81

Basically the subjects brings whole idea. Would you trust / use signals to trade? What is really useful in trading according to your opinion?
I do not think that crypto signals will ever work for a customer. Crypto signals are not always accurate, and investors may lose money if they make decisions based on bad signals.Crypto signals can be expensive, especially for paid services. Some crypto signal providers may have conflicts of interest and may not always provide unbiased recommendations.
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tjtonmoy
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October 13, 2023, 02:05:00 PM
 #82

What's up with this newbie account popping up every now and then and creating same kind of topic. Listen OP, there's a lot of discussion going on this forum about this crypto signals. You might want to search before you make your own post. But I don't think you have the ability to search and learn from that so, let me tell you this.
Signals are not good nor bad. The way you use it could make it good or bad. The bad side of a crypto signal is that it's not always 100% accurate. By using it more frequently you will become dependent on it. You will learn nothing how to trade or what to do on the market movements. Basically you will rely on it if you keep using it but when it is gone you will have no knowledge no experience and nothing to continue your trading in the future.

The good side of trading signal or crypto signal is that it is not 100% accurate but sometimes you can actually see that the market moves the way it was predicted on the signal. You can use more than one signal provider and then compare all of them and when majority of them are hinting on one side you can take that side. But not to trade. When you are done comparing you should compare your own analysis with that. That way you can be sure that you are doing right. Or if you are going on the other direction then you can find your mistake and fix it.

Crypto signal should only be used as a guide or a learning method so that you can be a good trader in long run. When you are doing good in the present you should also think of the future. And in a successful future there is no crypto signal.
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