Help with Crypto Signals

[romiofficial]

Now I have been following Bitcoin since sometime now and even made decent profits. But recently I've been seeing so many people sharing Crypto Charts, and price movements. Boasting how they made big sum within short periods of time. I just wanted to know how accurate are those?

For example: https://www.tradingview.com/chart/BTC.D/uFk6Lzpt-Biggest-AltSeason-ever-loading-MyCryptoParadise-crypto-signals/

Can I trust these or should I do what other investors are doing and follow their lead?

Please do not mock my ignorance.

Thank you.

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[The Cryptovator]

A technical analyzer makes a chart from his experience and idea. It's just a possible movement, no one can say it will happen exactly what is showing in the chart. Sometimes a chart or a few signals would match or near miss. It doesn't mean always will happen. Bitcoin running its own way. You have to realize the movements as well beside follow the chart. If movements matching with the chart then good, otherwise you have to change your decision.

So better to follow the current trend and investor's movements rather than follow the TA chart blindly.

[Fesatmas]

Now I have been following Bitcoin since sometime now and even made decent profits. But recently I've been seeing so many people sharing Crypto Charts, and price movements. Boasting how they made big sum within short periods of time. I just wanted to know how accurate are those?

For example: https://www.tradingview.com/chart/BTC.D/uFk6Lzpt-Biggest-AltSeason-ever-loading-MyCryptoParadise-crypto-signals/

Actually there is nothing wrong with you want to know the charts and study them. anywhere and from any signal site. but the most important thing is that you don't take it for granted. rather you apply the acquired knowledge and you apply it directly to the trading charts. so don't believe it right away try learning to read the price movements yourself and it will be much better. rather than trusting other people's signals, and if it's not quite right, who is to blame?

[Akiko]

It's 50-50% chance accurate , I mean that chart is not always give a right signal and direction to your trade you may also experience lost even you are following them so don't put all your money in if you will just want to follow them . It's just a guide that can help other traders to see possible scenario.in that guide you will also have two possible movement ,not only the one to increase it's price check also the other one where it will bring down the market .

[Harlot]

Just always take their analysis with a grain of salt since there is really no 100% accurate analysis or at least one without any kind of bias/hidden agenda in mind. Also I don't consider the analysis in tradingview as dome kind of trading signal website because they are not one, I consider them as some kind of thought sharing website where you can confirm what they are trying to analyze and maybe debate on the different things you are seeing which could be a lot if you know technical analysis.

[Bitcoin_Arena]

You can listen and take note of what they say about the market movements but don't just follow them blindly. Learn how they use the different technical indicators and analyze the charts. This will help to learn Technical analysis and be an independent trader in the long run. I don't find if comfortable following and the putting money into something just be a certain trader said it

[nelson4lov]

~Snipped
Can I trust these or should I do what other investors are doing and follow their lead?
(....)

It is completely up to you to decide whether you want to trust other people's opinions and ideas about the market or not.  But I'd like to quickly point out that while everyone has their opinion of which direction the market would move next, it doesn't always go the way they expect or hope it should go.

It's not bad to checkout other people's ideas. If you so this for... Let's say a dozen traders and all of them are bullish, at least you can have a general idea of what other participants and traders are expecting. So it's still a good bet to read people's ideas. Additionally, when you go through people's TA ideas, you tend to learn a few things from time to time or get more clarity on certain tools and concepts.  However, it is recommended that one should not blindly follow other people's opinions and ideas.

[livingfree]

It's encouraging to see people boasting with the charts and the sum of profits they've made. But I always get the idea of doubting them first because it's quite dangerous if someone shows how much he had made through trading cryptocurrencies or with any markets. I mean, is that I don't show anyone how much I had on the paychecks. But if that's just out of being proud and happiness, they can do it as they pleases.

You can follow those people that you're seeing showing great results of their trades and that's much better if they do it freely. While being yourself, do as what you pleases too. If what makes you happy, productive and profitable is to follow your own decision, that's what you need to do.

[mk4]

Think about it:

If you had some accurate strategy that you could personally use to make huge amounts of profit, would you share it publicly, Potentially ruining the strategy?

[Wexnident]

Well, it's a matter of actually knowing what you're following instead of just blindly following. Don't be blinded by words that say that they just made 100% profit through this chart blah blah blah, you can use them as a reference but never, ever blindly follow a chart someone else made. And now that we're on that topic, since you're trying to study signals, you might as well learn how it works first and foremost before even looking at the charts of others, cause honestly, without said knowledge, you'd only be following their words, and not the chart itself, which runs contrary to what you really want to do.

Do remember that this is the internet, take everything you read with a pinch of salt.

[maydna]

I don't believe 100% of those crypto signals before I analyze them by myself, even if I don't have high skills in analyzing the market. You don't know if they really have the skills to analyze the crypto market, so you don't have to follow them. It is better to analyze by ourselves, even if in the end, we make a mistake, but you can get an important lesson from that which is you know what is wrong in your analysis so that you can make a better analysis in the future. Those crypto signals need you to pay for their services, so they can share their analysis with people who joined them. I prefer to use the money to trade and use my own skills because that is worth it for me.

[cryptoaddictchie]

It's hard to predict market movement. Even expert got some trouble when they thought their move is right but exactly happened the opposite. I am not saying follow the lead, sometime it turns into a fomo but technically if the market trends pointing that way then ride it up. You can feel if you are making a good choice or bad one. Im no expert on charting so I also refrain from checking other's people opinion. No one is 100% accurate with this so this kind of strategy is not bad to do. Well professionals maybe laughing but of course they are just confident but the truth is they can also got rekt anytime.

[Maus0728]

I've been seeing trading signals for a while now since I am currently studying on how to trade. Based on my observation though, these signals can actually give you a decent amount of profit if you can time your market order properly however it is not certain that it will work most of the time. Always assume that a technical analysis is not right until the market proves them right..

I've been following a community of traders who randomly drops their T.A for free depending on what crypto asset they are currently trading and since I am studying on my own, most of the time I complement their charts to my own T.A to get at least have an idea whether my analysis is right or wrong. I think that's the most important concept you have to apply to measure whether your studying the chart correctly or not.

[xSkylarx]

For example: https://www.tradingview.com/chart/BTC.D/uFk6Lzpt-Biggest-AltSeason-ever-loading-MyCryptoParadise-crypto-signals/

Can I trust these or should I do what other investors are doing and follow their lead?

This is just a prediction and it's up to you if you would trust them. Just remember that don't blame anyone if their prediction didn't happen and you lose money because you followed them. If you're really serious to do trading, it's better to learn it yourself. That way you can also improve by learning from your mistakes.

[imstillthebest]

boasting is already a sign of being dishonest and you if you end up with this conclusion after looking at them why would you still doubt on following them .

whats not good is that they are diverting your attention to altcoin and we all know that altcoins are not that healthy on the current trend but its the btc that are best for pick ups and you are earning good with btc , just be contented with what you have if you dont want to end up loosing .

[VanityWallets2015]

Don't worry no one will mock anyone this is a forum and could be a good source of good information only few people are very arrogant about mocking other users who wanted to learn here. Well we are not quite sure about that personally I do sometimes check others signals and see for myself if they could possibly happen there are times that they are good and there are times that it doesn't.

[sarmrakib]

Now I have been following Bitcoin since sometime now and even made decent profits. But recently I've been seeing so many people sharing Crypto Charts, and price movements. Boasting how they made big sum within short periods of time. I just wanted to know how accurate are those?

For example: https://www.tradingview.com/chart/BTC.D/uFk6Lzpt-Biggest-AltSeason-ever-loading-MyCryptoParadise-crypto-signals/

Actually there is nothing wrong with you want to know the charts and study them. anywhere and from any signal site. but the most important thing is that you don't take it for granted. rather you apply the acquired knowledge and you apply it directly to the trading charts. so don't believe it right away try learning to read the price movements yourself and it will be much better. rather than trusting other people's signals, and if it's not quite right, who is to blame?

I also wanna suggest to learn it cause it is the only way that you can do better .It will be so tough to follow the signal and how can you be so sure to other signal he can make loose and also you can loose your valuable asset .So that i wanna suggest as i always do plz do study and spend more time to the market hopefully you will get a huge experience .

[perla]

I think you can see their previous predictions right? Maybe you could base on those look at their predictions before and look how accurate they are the more accurate they are the better they are that's sometimes what I do.

[Sterbens]

Now I have been following Bitcoin since sometime now and even made decent profits.

If you feel like you know and have made a profit, then you begin to understand how the trading chart looks. sometimes what the analyzer does with your trading conditions will not be the same. Therefore you only need to re-mature the right strategy with your trading habits, for example day trading. then you will be presented with a graph at a moment's notice. Do you have time to take a peek at other people's analyzes? not. because your trade duration is short.

[Akiko]

I think you can see their previous predictions right? Maybe you could base on those look at their predictions before and look how accurate they are the more accurate they are the better they are that's sometimes what I do.

You cannot find a 100% accurate prediction, it's just a guide that can help you to see the future trend , but you can't trust that analysis fully . This is the reason why you need to learn it by your own so you can judge by your self if you can trust your own prediction.  If I were the OP I will learn technical analysis by my self even it's paid or for free from your friends as long as you will learn it so you don't need to follow other signals anymore.

[jahepahit]

The so called experts  have only learnt and applied their knowledge to predicting the market directions. If you wish to follow them, you share in the risk of the call and the reward of the outcome. It's better to learn and trade yourself. If you wish you follow signals of any expert be careful in doing so.

[traderethereum]

The so called experts  have only learnt and applied their knowledge to predicting the market directions. If you wish to follow them, you share in the risk of the call and the reward of the outcome. It's better to learn and trade yourself. If you wish you follow signals of any expert be careful in doing so.

You are right. It is better to learn, practice, and trade ourselves than to use the other people's signal, which we do not know if they really the expert in trading or not.
If we can learn to trade, we will get something that will be important to us improving our skills in the future.
We do not have to follow other people when we have trading skills because we will know when we can enter and exit from the market.
Even if we are still a newbie in trading, it does not mean that we can use the so called experts to trade because as long as we can buy low and sell high, we will make a profit.

[DevilSlayer]

The so called experts  have only learnt and applied their knowledge to predicting the market directions. If you wish to follow them, you share in the risk of the call and the reward of the outcome. It's better to learn and trade yourself. If you wish you follow signals of any expert be careful in doing so.

You are right. It is better to learn, practice, and trade ourselves than to use the other people's signal, which we do not know if they really the expert in trading or not.
If we can learn to trade, we will get something that will be important to us improving our skills in the future.
We do not have to follow other people when we have trading skills because we will know when we can enter and exit from the market.
Even if we are still a newbie in trading, it does not mean that we can use the so called experts to trade because as long as we can buy low and sell high, we will make a profit.

The truth is, you can never become a professional trader by just believing or just following the idea and the opinion of others. I do not suggest traders especially the beginners to join signal groups because for me it is a waste of time and effort even if there are legit ones out there. You can learn and become a good trader by gaining experience wherein you are the one who are trading and you are not following the signals or the opinions of the other traders. But still it is up to you if you will follow the strategy that you just have read, I just saying that there is a high probability that you will eventually lose your money if you are always becoming dependent to others on trading the market.

[ScamViruS]

The so called experts  have only learnt and applied their knowledge to predicting the market directions. If you wish to follow them, you share in the risk of the call and the reward of the outcome. It's better to learn and trade yourself. If you wish you follow signals of any expert be careful in doing so.

The work of these people is to give predictions as they wish. When their prediction succeeds and the target is reached, they will try to take credit. But when their prediction fails, they will try to ignore these predictions so that it will be understood that they did not give any such prediction.

So it is better for ordinary traders to stay away from such so called experts. The focus should be on increasing trading knowledge without attracting ordinary traders to such services, as it will give good results in future.

[traderethereum]

The truth is, you can never become a professional trader by just believing or just following the idea and the opinion of others. I do not suggest traders especially the beginners to join signal groups because for me it is a waste of time and effort even if there are legit ones out there. You can learn and become a good trader by gaining experience wherein you are the one who are trading and you are not following the signals or the opinions of the other traders. But still it is up to you if you will follow the strategy that you just have read, I just saying that there is a high probability that you will eventually lose your money if you are always becoming dependent to others on trading the market.

Following the signal from other traders will not recommend for beginners because they never learn about trading.
They only waste time to follow the signal without knowing when the time to trade.
If they can learn some lessons, I am sure they will get something that will help them to analyze.
And if they still use the other people's signal, they will know how to get the sign to trade.
I only think about the risk by following their signal, which can attract the beginners to use bigger money to make bigger money.

[Silberman]

Now I have been following Bitcoin since sometime now and even made decent profits. But recently I've been seeing so many people sharing Crypto Charts, and price movements. Boasting how they made big sum within short periods of time. I just wanted to know how accurate are those?

For example: https://www.tradingview.com/chart/BTC.D/uFk6Lzpt-Biggest-AltSeason-ever-loading-MyCryptoParadise-crypto-signals/

Can I trust these or should I do what other investors are doing and follow their lead?

Please do not mock my ignorance.

Thank you.

Those people are a dime a dozen now that the market is in a bull market, remember during a bull market everyone seems to know what to do and how, but good traders can really be seen when the market is stagnant or when it is going down, so do not follow any of those people, they give contradictory signals all the time and when once hits they claim they knew the market will do that all along, it is just another form of scam so do not fall in it.

[AmoreJaz]

The so called experts  have only learnt and applied their knowledge to predicting the market directions. If you wish to follow them, you share in the risk of the call and the reward of the outcome. It's better to learn and trade yourself. If you wish you follow signals of any expert be careful in doing so.

The work of these people is to give predictions as they wish. When their prediction succeeds and the target is reached, they will try to take credit. But when their prediction fails, they will try to ignore these predictions so that it will be understood that they did not give any such prediction.

So it is better for ordinary traders to stay away from such so called experts. The focus should be on increasing trading knowledge without attracting ordinary traders to such services, as it will give good results in future.

Everything is correct. Any public figure predicting new heights in Bitcoin was both right and wrong.
However, they did this only in order to push the public to invest in cryptocurrency or to participate in trading on the exchange. The fact that the predictions did not come true they do not care.

they dont care whatever the outcome is, because it is not their money. so if you are a beginner in crypto trading, better learn your lessons from scratch. you can check the crypto signals if you want, but dont take it as a serious one where you will use your funds to follow that signal. because whatever the results are, they are not responsible to check what happened to your funds.
start small in trading, learn the ropes, as you go with this journey, you will learn some tips and tricks that these so-called experts will not share with you. better accumulate those info on your own, because it is only you that can understand this and when the time comes, you can use it in your trading strategies.

[Paradise25]

It may be accurate but most times is not accurate at all. If you see results you know and result command followers.
Trading is a game of probabilities and should treated as such. Promising or laying claims of big gains is not the right way because as a trader consistent is not if gains

[AakZaki]

Help with other people's signals that you don't know about will lead to confusion and loss. How can you trust the signals given by other people you don't know? you are betting your money on a signal.
it is better to do the predictions yourself. You must know how to trade as well as basic knowledge.
Technical analysis and Fundamental lessons because it is very important to determine the direction of the market. Although the predictions will not be 100% accurate, at least you know the trend that will occur.

[MCobian]

I never believe in other people's crypto signals, because of the logic, if indeed that person can predict crypto prices in the market accurately,
it is impossible to share it with others. Because crypto price movements are very difficult to predict, therefore the results of other people's
analysis are not necessarily accurate. Why don't we learn to predict crypto price movements on our own, I think it's the best way to trade.

[Silberman]

I never believe in other people's crypto signals, because of the logic, if indeed that person can predict crypto prices in the market accurately,
it is impossible to share it with others. Because crypto price movements are very difficult to predict, therefore the results of other people's
analysis are not necessarily accurate. Why don't we learn to predict crypto price movements on our own, I think it's the best way to trade.

You are making too much sense and those that want to use signals do not want to hear it, someone that was actually able to produce profits in the market long term will not need to sell his knowledge for a small subscription fee, he will charge a lot of money to rich people for the privilege of investing with him, so unless you are in the presence of a financial genius just starting his journey most likely most of those that give signals are either scammers or they are nowhere near as profitable as they think they are, so the best option like always is to learn how to trade by ourselves even if it is a long and difficult process.

[romiofficial]

I never believe in other people's crypto signals, because of the logic, if indeed that person can predict crypto prices in the market accurately,
it is impossible to share it with others. Because crypto price movements are very difficult to predict, therefore the results of other people's
analysis are not necessarily accurate. Why don't we learn to predict crypto price movements on our own, I think it's the best way to trade.

You are making too much sense and those that want to use signals do not want to hear it, someone that was actually able to produce profits in the market long term will not need to sell his knowledge for a small subscription fee, he will charge a lot of money to rich people for the privilege of investing with him, so unless you are in the presence of a financial genius just starting his journey most likely most of those that give signals are either scammers or they are nowhere near as profitable as they think they are, so the best option like always is to learn how to trade by ourselves even if it is a long and difficult process.

Well you're right. But I have seen a few "EXPERTS" people making predictions that came out right. It could be a lucky guess but I personally experienced gains. Now I don't have any affiliation with them But Sheldon Evans, and Crypto Lark, I've been watching their videos seems like they know their stuff. Or they simply be riding the BULL wave and making predictions. Because honestly nobody gives a damn if prediction fails, if its right, you're a crypto messiah.

[milewilda]

Because honestly nobody gives a damn if prediction fails, if its right, you're a crypto messiah.

Hands down into this word which is definitely true on where people wouldnt mind if a prediction or speculation fails because they would simply tell that market is unpredictable
but when they do able to get the right call then thats the time they would really be praising up that they had predicted the market on where it moves.
This is why im not really a fan on following someone when it comes to signals and predictions because if you do have that ample knowledge
You can really make it on your own without varying their calls which if basing on technicals then you would really be still ending up
on the same patterns.

[Rengga Jati]

Sometimes, following the signals from the VIP signal group that has a good reputation and also trust become one of the ways done by most newbies or even people who cannot analyze the market very well. They prefer to trust the signal because they think they cannot do better than them.
this may be true However, if we are really going to use most trading signals, we must be also very ready if we get te high risks by losing much money on it. I personally believe that trading signal groups also do their best in order to get profits and also make their followers or members get profits, but it may not be as much as profitable for the members like them.
I personally believe that every one of us actually can learn to read and analyze the chart, so just keep spirit on learning and doing it

[maxreish]

Having less knowledge to charts and indicators, of course you can follow other's predictions but follow it at your own risks. As a newbie, better to take your time knowing all of the necessarry tools to improve your skills. Trading isn't a type of field wherein you can follow anyone's prediction. Signals will also not give you a guaranteed good profits and prediction.

If I were you, better to learn how to read technical analysis and just compare it to the one you are following to have a basis and decide whether you do have a common prediction or not.