Traders be careful

[o.ogurlu]

There are too many fake analysts and traders on the market. Therefore, traders must always be careful. In addition, trade advice from quality investors/analysts can be useful, but you should also always do your own research and analysts too. And trade according to your analyst results.

[trauchot]

Quite right, it is unnecessary to trust various forecasters from the Internet or various telegram channels, because in almost all cases these forecasts turn out to be a lie, therefore you should always think with your own head and first of all listen to yourself and draw your own conclusions.

[Doranile432]

Its not a new thing, I've seen people sending money to crypto traders and the expert trader removes his or her own percentage after a successful trade, my advice is anyone can do this themselves without looking for crypto trading experts

[Kemarit]

The bull run is the most appreciated time for crypto currency investors and trader's

But i am shocked after the little bull run that pushed up bitcoin, etherum anf other token prices, people are starting to offer signal services, ttadr signals etc

Suddenly some set of people turned theirself to analyst.
i would advice you stick to your trade patterns or strategies and avoid this desperate signal peddlers.

Right, you can call them cyber criminals, taking advantage of the weak again just because we are in the sort of mini bull run. Maybe we can see telegram signal groups multiplying in numbers again, similar to 2017. However, I have a strong feeling that investors are smarter now. Although there could be a lot of newbies who can still fall for this kind of trick.

NB: This is basically my thoughts this morning, perhaps you feel its a wrong motive from me?
let me know what you feel about it.

Nah, it's good that you have given the community a fair warning about this. Been long in this market, and I have seen this repeatedly, criminals just around the corner waiting to pounce for their unsuspecting victims but offering trading signals. Initially they will offer it for free, then later they will suckered you to join their paid signals. And then you are caught and eventually loss money in the end.

[diguyo]

These signal groups have been popular for years, and to be fair you can find some decent ones. It's very profitable for people to learn trading techniques and then leverage these to provide signals and get people to pay for membership. It's hard to consistently be successful though and a lot of them seem to lose interest/make enough money and then pack it in.

One thing infuriates me with these signal traders. If you have two coins and one makes 15% profit and the other makes 20%, this DOES NOT EQUAL 35% profit. It's awful maths, and I see it from all of them...please, take these claims with a pinch of salt. These are people who don't even understand percentages nevermind the complexities of trading.

[ethereumhunter]

Yes, I see the signal from the group that I look in some of my friends, but I also suggest them not to follow the signal if they don't analyze by themselves. It is too risky to follow their signals because we don't know if they have skills or not in making that signals, and it is better we do by ourselves. With the current situations at the market, there will be many other signal groups that will offer their services, and we need to pay them to get the signals.

[Perfect35]

Not everyone will listen to such a warning, because they only learn from their mistakes. However, past experiences of other people should be lessons to us. Some folks are looking for means to accumulate to their portfolio and the only means that can think of is to rip others of their hard-earned money, by offering services that will never be of benefit. Signal channels are almost everywhere, but I have never seen any of them worked.

[xvids]

If you already consider yourself trader then why would you even listen to the clowns?
We all know that those TA's would only be around when the market is showing a great movement.
Even someone who couldn't read the chart could also do what they do so why bother believing them if you could also do it on your own?
Make your own decision so you would also learn from it.
Learn to stand up for your own don't rely on others.

[taufik123]

Many telegram signal groups that were previously inactive are now active again giving Buy signals and other bitcoin and altcoin cells.
Signal groups are free and paid. Although paid is not necessarily trustworthy, because there is a lot of manipulation in it.
Determine the buy and sell prices according to what has been determined by the group owner, the group owner will get more profit.
As a beginner trader it should not depend on the signal group that only provides buy and sell information without any deeper education about the techniques of analysis and fundamental techniques.
We must learn what are the basics of trading that need to be known so as not to get caught up in the growing bitcoin signal group game at this time.

[Kasabus]

Not everyone will listen to such a warning, because they only learn from their mistakes. However, past experiences of other people should be lessons to us. Some folks are looking for means to accumulate to their portfolio and the only means that can think of is to rip others of their hard-earned money, by offering services that will never be of benefit. Signal channels are almost everywhere, but I have never seen any of them worked.

As a trader, you should learn to see things right and to create a fixed decision. This is not a bull run yet. You will only know if bull run has begun once you see scammers around stealing the profits of others. Signal channels should never be a basis for you to start trading because it won't really work in the first place. You have to research on your own so that you will also learn to stand on your own without depending on other's analysis.

[cabron]

I guess because its easy to spot the dip and when its about to go spike again which they now made themselves an expert in trading.  Doing this while the market is stable isn't going to be easy. Right now all they are to determine is the lower highs in the market but if it doesn;t work for them they can just scam the people whom they manage their assets.

[Gozie51]

The bull run is the most appreciated time for crypto currency investors and trader's

But i am shocked after the little bull run that pushed up bitcoin, etherum anf other token prices, people are starting to offer signal services, ttadr signals etc

Suddenly some set of people turned theirself to analyst.
i would advice you stick to your trade patterns or strategies and avoid this desperate signal peddlers.

NB: This is basically my thoughts this morning, perhaps you feel its a wrong motive from me?
let me know what you feel about it.

You are right in your observation about these signal groups but it is understandable because the market is picking up and bitcoin is growing too.
We have to realize that signal groups are also in the business of making money and is unfortunate.

[gundala]

---

NB: This is basically my thoughts this morning, perhaps you feel its a wrong motive from me?
let me know what you feel about it.

Since the beginning of learning to trade, I have been warned by friends who are more experienced in trading.  He said that trading signals, whether premium or not, often have a specific purpose, give a buy code when it's already bought at the bottom, etc.  so the one giving the signal has started earlier.  it could be that we are late and trapped by an inadequate analysis.  so it's better to learn to analyze the market independently, learn technical and fundamental analysis, train mentally to deal with dynamic market movements, all need process.
That is why I prefer discussing with fellow traders rather than trusting trading signals from group telegrams or other social media.

[gensol]

No only this, you will see tokens doing a whooping 300% and so within a few hrs time. Everyone should be careful out here to avoid being dumped on trade with caution trusting only few top coins.

[Leonardo7]

During bull run like this, because the market is always green and money keeps doubling, so the party is high, like this just as we saw in 2017, people will lose emotional control and start buying just anything without almost not thinking. This is because people lack emotional and financial intelligent.

[abeecrypto]

Actually, you are right. This is the point when various ‘analyst’ would start making so many claims. Whatever the so-called analysts say are just their opinions. No one actually understands the market that well. In fact, if you take your time to analyse the market, you might even make better analysis than some of those ‘analysts’. Those signals, many times, deceptive.

[Crypto5060]

It is expected. Many self acclaimed pros only come alive during any bull run. Everyone will have a thing or two to say about which coin will breakout and which will not.

[cytpoway121]

Either there is the bull run or the bear market
We all have to be careful from different forms of signals that fly around telegram especially.

Stick to your known method, learn snd develop more skills.

[dentolas]

I don't understand why so many people go for these signals and seers... if these guys were really experts or seers they would be filthy rich and would not be offering their services around... I think...

[vintages]

I don't understand why so many people go for these signals and seers... if these guys were really experts or seers they would be filthy rich and would not be offering their services around... I think...

That's because in every industry, there are those who consider themselves as experts, just because of their few years experience in it. Beginners then look up to these self proclaimed expert as teachers. We humans are prone to this.
Even those who are learners now will one day, call themselves experts too. Point is, while there are those who are truly expert in price prediction with valid points, there are those who simply has nothing to offer.
Moreover majority of crypto investors are always looking for someone who can give them the future price of cryptocurrency. Because to them, it's all about the money.