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Author Topic: Traders be careful  (Read 761 times)
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adzino
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February 13, 2020, 10:10:58 PM
 #41

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.
This is nothing new. It happens every time. When the price of bitcoin and other crypto currencies starts to increase, random people all of a sudden becomes "prediction lord". They start making their own services (most of them through telegram or other private channels). Even if their intentions are not to scam people, they mislead investors and other naive people to great danger.

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February 13, 2020, 10:17:38 PM
 #42

This is basically my thoughts this morning, perhaps you feel its a wrong motive from me?
let me know what you feel about it.
The right choice to keep using the strategies you have used. Do not just believe in unclear trading signals, it could be just a trap because the cryptocurrency market is very dynamic and difficult to predict. It would be better to use analysis independently, so you are the one who has full control if something unexpected happens, you must already have safe limits for your trade. Don't forget to discuss with fellow traders to strengthen the analysis. dwyor.

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February 13, 2020, 10:27:18 PM
 #43

Keep in mind that the people that win the most from these signal groups tend to be the admins and/or owner rather than the users most of the time. It's actually a pretty smart way of making money from subscriptions from the owners of these groups, but what I don't like about these groups is they like to exaggerate member wins and almost never show losses or bad calls. You're not learning anything by following other peoples' work by purely acting off of other peoples' analysis too, and it's never a good thing to be too reliant on one group or person for anything in general. Be independent and learn how to trade yourself instead of taking a shortcut.
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February 13, 2020, 10:37:37 PM
 #44

The success of any trader should be determined not by the number of good signals, but by experience. When the market goes up, many will be able to profit from it. Therefore, only real traders are able to trade in any market, using their knowledge, and not just a convenient case.
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February 13, 2020, 11:23:19 PM
 #45

Every professional trader has noticed the graphic of the market currently. However, if we are newcomers, we must be more careful and not only following the flow. You are right, analyzing the cart of the market (especially those three coins) is the best way. There may be a market correction soon. But of course, there is still a chance to make a good plan for trading. Carefulness, wise, not too panic are very important as a trader.

R


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February 13, 2020, 11:27:51 PM
 #46

People want to make money and nothing gives you a push like waking up to some large green candles.
 
In a bear market everybody is down and grim but when the market turns bull everybody wakes up and starts trading all over again. I like this change of mood and I like the enthusiasm even when all these youtubers and signal peddlers don't know  shit and it shows.

Let them do it, let them share that positive energy with newcomers. That's how bull runs are born.
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February 14, 2020, 12:00:18 AM
 #47

Trading signal is not safe at all, it looks like you’re trading base on it and you don’t have any idea how to trade at all. You should depend on your own, its more profitable if you know it and more safe to trade. Have your confidence, trading is a fun and profitable job make it serious.
I agree with you. don't trust trading signals.
trade must be based on market analysis. and emsoi control.

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February 14, 2020, 01:19:54 AM
 #48

everyone has their own trading strategy to be able to make a profit and I never believe in trading signals because it will be frustrating. it's better to believe in yourself and according to what many people say trading signals will have a bad and insecure effect.

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February 14, 2020, 04:21:36 AM
 #49

everyone has their own trading strategy to be able to make a profit and I never believe in trading signals because it will be frustrating. it's better to believe in yourself and according to what many people say trading signals will have a bad and insecure effect.
well trading is indeed used to train your patience and emotions because when you can't control it all then you will be affected by other people's trading signals, but if you are a beginner then you can use various signals to learn so that one day you can create a buy signal and a sell signal for yourself with great accuracy.
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February 14, 2020, 04:33:38 AM
 #50

These days no one should buy signal from others. The market is going only one way right now and that is up. So some people making money even they invest it in a poor project and then they are thinking that they became experts in it. So agree with you we should be careful. Also, we don't know how long this bull run will remain but I think we are almost at the end of it.

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February 14, 2020, 06:28:05 AM
 #51

I think that before say "NO" to trading signals, you need to analyze the statistics and experience of those traders who offer it. I am working with several people and trade with their signals. there are definitely people in this market who give very high-quality signals, but you have to pay a lot of money to receive these signals

And for your information many of these signals will drop without it purpose, this has happened to me during the last bitcoin halve when I joined one of these professional trader who give out signals for rent. After paid heavily I lost almost three consecutively before I realizes that, I was in a wrong direction. I never believe if there is something called good signal for sale rather a signal to scam gullible.

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February 14, 2020, 06:38:11 AM
 #52

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
Those people who give signals that bitcoin will rise up, do not just believe it. You must also do your own research so that you can apply it on how you are going to trade. It will for surely gonna help you to become successful in your trading career. Do not just trade and trade without any proper knowledge about it. Do some research before you do something.

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February 14, 2020, 06:46:12 AM
 #53

Trading signal is not safe at all, it looks like you’re trading base on it and you don’t have any idea how to trade at all. You should depend on your own, its more profitable if you know it and more safe to trade. Have your confidence, trading is a fun and profitable job make it serious.
I agree with you. don't trust trading signals.
trade must be based on market analysis. and emsoi control.

Well, we don't have to join their groups because we don't know if they really a valid group or they get the signal from the other paid groups. I see that many groups available now in telegrams and send invitations to all people who use telegram to join with them. You can analyze by yourself, and that will help you to search the right time to enter the market, and sometimes you can get hidden gems of the coin so you can make a bigger profit. But you can use their signal so then you can analyze deeper to find the low price and high price to buy and sell.

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shaheer001
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February 14, 2020, 06:48:55 AM
 #54

I think this was not a bull run, it was just a simple boost due to keen interest by investors in Crypto market, Bull run occurs when a huge jump taken by Bitcoin due to huge investment. the Signal groups which offer signals to there premium members are the same as in fiat currencies trading But I did not like it.

FireBallex
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February 14, 2020, 07:48:54 AM
 #55

If the upcoming Bitcoin halving can make new developers waited for this year then let's all be expecting some scammy behaviors from scammers, they will try new ways we've never seen before and of course new scam projects will definitely pop up as well

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Lantind
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February 14, 2020, 08:04:57 AM
 #56

If the upcoming Bitcoin halving can make new developers waited for this year then let's all be expecting some scammy behaviors from scammers, they will try new ways we've never seen before and of course new scam projects will definitely pop up as well
If the thing from the scammers is that we don't have to deny friends, because until now there are still many projects that experience a scam when their sales stalled in the middle of the road, and the only thing that can be focused by everyone now is on the trading of coins popular in exchange, because there are very few good projects at this time.

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S4VV4S
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February 14, 2020, 08:07:51 AM
 #57

Not wrong with the warning you give here, it's true because they (the signal giver) only want to take money from the beginners who enter the market. I also will not trust the providers of trading signals, I have never joined a group or their Telegram channel. I think it's just a waste of time.
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February 14, 2020, 10:00:40 AM
 #58

Not wrong with the warning you give here, it's true because they (the signal giver) only want to take money from the beginners who enter the market. I also will not trust the providers of trading signals, I have never joined a group or their Telegram channel. I think it's just a waste of time.
hey, I don't support your statement, you say joining the providers of trading signals channel is a waste of time ?, you are wrong !, I have joined a channel like that on a telegram, and it is very helpful, you have to choose the right channel and the key to your success is also decisive.
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February 14, 2020, 11:12:09 AM
 #59

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.

Trading is guided from two information, the Fundamental and the Technical analysis. The Fundamental is driven by the global occurences around the currency space while the Technical is read off the chart. Signals can come from either of both but must be considered from the Technical in the absence of the fundamental. those technical are read off the chart and that can be said to be a valid signal but if the fundamental comes and overides it, it is already a fundemntal knowledge on trading that fundamental analysis is always the most upheld amongst the both of them.

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February 14, 2020, 11:17:57 AM
 #60

nice to be aware of this situation. Most traders i meet are FOMOers, since they got many signals where crypto will bubble, they take it into consideration for taking buy position which already mentioned by many crypto enthusiasts about halving terms. In their minds is never too late to take the risk, which basically they got played by bad influencer again and again.
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