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Author Topic: Crypto trading signal work or not?  (Read 2048 times)
South Park
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March 25, 2021, 01:04:16 AM
 #121

It depends on the Trader you're going to follow. I think the only thing you need to do is to risk your money on that Trader, I mean the fee, risk it. Of course before you subscribe to their service, observe first if they trade successfully most of the time, and if it is positive then go for it. But signals are gonna be wasted if you don't know how to read the Technical Analysis they are going to drop in their channel, so yes, it is important to learn the basic first.
This is not going to work because most of those traders that give signals keep most of it to their paid clients, which makes sense, why are you going to give all of this information for free when you want to get paid for it? However I have always thought this is bad idea, even if you were to find a good trader that actually shared his insights about the market, what are you going to do once that trader stops doing that? You are just as lost as you were at the beginning so it is just better to learn how to trade by yourself than to rely on someone else.

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March 25, 2021, 09:23:07 AM
 #122

They also predict the market just like everyone so they can either be right or wrong. Their technical analysis could not be always right because crypto market is very unpredictable. It is up to you if you will join those paid groups but from my experience, it could also benefit you because people there have the same interest as you and there is someone to guide you if you're learning to trade. Just verify if the person giving signal on that group really knows what he is doing. There are some groups I joined before that is purely pump and dump. The admin just follows the trend without a clear plan on what he is trading.
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March 25, 2021, 09:38:37 AM
 #123

In my experience, crypto trading signal groups are not entirely accurate, although sometimes some signals they provide are accurate.
So in my opinion, following a group of trading signals is not satisfactory. It might be detrimental if their many signals are inaccurate.
I think if you are serious about crypto trading, you should study trading seriously to get a good profit.
Being serious and independent is essential when you spend all your time on trading as every action of the day leads to weekly and monthly profits but I bet very few people consider this a major job, we are just part-time members for this job, sometimes we only have a few hours to look at this market and I don't know how serious and successful you can be. Stop asking higher when you don't have much time, observing the signals is enough for you, the biggest benefit here is that it's reference and it's free, payments can have bigger benefits but I do not recommend

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March 25, 2021, 02:37:20 PM
 #124

crypto trading signals in my opinion help but only 40% of the overall profit earner. because actually the natural technique in us is still the main thing. we can still get big profits even without crypto trading signals, and we rely on our natural abilities. So even though it helps, it doesn't help in a big way
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March 25, 2021, 04:06:19 PM
 #125

crypto trading signals in my opinion help but only 40% of the overall profit earner. because actually the natural technique in us is still the main thing. we can still get big profits even without crypto trading signals, and we rely on our natural abilities. So even though it helps, it doesn't help in a big way
Agreed,
Crypto trading signal can help sometimes to get profit. But, If anyone join in fake signal group then he will lost her joining fee and also he has risk to lost his assets, which he used in trading.
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March 25, 2021, 06:03:58 PM
 #126

I just want to join paid crypto trading group..anyone pls tell me ,this type of group doing scam or not? and does it work?

They are 100% scam, jut stay away from them. If these signal men are that much proficient then why they are collecting few bucks, they must be millionaire. Spend 1 or 2 hour here  and you will learn so many things about crypto and that too for free.
I agreed with you if those signals are genuine I wouldn't see any reason why they (signal providers) have not been making huge or massive profits while trading themselves rather than giving them out freely or paid service something is fishy and suspicious, I will rather learn to trade personally rather than to subscribe to unsure trade signas from an anonymous provider.

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March 25, 2021, 08:59:23 PM
 #127

I just want to join paid crypto trading group..anyone pls tell me ,this type of group doing scam or not? and does it work?

They are 100% scam, jut stay away from them. If these signal men are that much proficient then why they are collecting few bucks, they must be millionaire. Spend 1 or 2 hour here  and you will learn so many things about crypto and that too for free.
I agreed with you if those signals are genuine I wouldn't see any reason why they (signal providers) have not been making huge or massive profits while trading themselves rather than giving them out freely or paid service something is fishy and suspicious, I will rather learn to trade personally rather than to subscribe to unsure trade signas from an anonymous provider.
With just common sense then you would really able to say that thing if they do have those working signals then they wont really be minding that much on making more money
via sharing up some paid groups which is totally nonsense if i were to say.Its not bad to get some hints or ideas with those free paid signals but dont put up yourself
into the point that you are already relying on it.It isnt really worth for you to follow up something which it would really be just as good when you do make your own.
It would be more worth if you do follow your own analysis than on following into these kind of groups which doesnt really give out something important.

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March 27, 2021, 10:06:15 AM
 #128

I just want to join paid crypto trading group..anyone pls tell me ,this type of group doing scam or not? and does it work?

Signal group, as in signal for when the pump happens?, if it's just that then the answer is no, they do not work, mostly because bots will be buying the mentioned coin/token way faster than you and you will probably end up buying the top most of the time and there's actually more chance of losing money.

But if you're thinking about one of the TA guys that just send buy signals on good trading set ups then that's another story and the best would be to follow some of their free calls and see how they do and whether it's worth it, the good thing about following these signals is that you learn some Technical analysis along the way too and you're not just following signals blindly.
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March 27, 2021, 05:45:01 PM
 #129

Being serious and independent is essential when you spend all your time on trading as every action of the day leads to weekly and monthly profits but I bet very few people consider this a major job, we are just part-time members for this job, sometimes we only have a few hours to look at this market and I don't know how serious and successful you can be. Stop asking higher when you don't have much time, observing the signals is enough for you, the biggest benefit here is that it's reference and it's free, payments can have bigger benefits but I do not recommend
I think deciding on your own trades and being in a group doesn't really have to be two separate things. I believe you can be in many many different groups, try to find what people are saying about which coins and then use that to fuel your own trading strategies and research. Do not do what others tell you to do, it is really not something that makes sense, but I do think that investing into something that would be huge gain for you only comes from personal research, but there is no harm in checking out what others would be thinking about.

Long story short I believe you could make your own decisions, you could trade however you want, and you will be definitely profiting from that as well, but that doesn't change the fact that you could also get a decent amount of help from groups, specially signal groups, do not do what they say, but you can research what they say.
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March 27, 2021, 06:10:51 PM
 #130

crypto trading signals in my opinion help but only 40% of the overall profit earner.
No, not really that they help even with that percentage. Most of them won't give that profit as they only give you altcoins that you don't know and you just let them do their own analysis.

because actually the natural technique in us is still the main thing. we can still get big profits even without crypto trading signals, and we rely on our natural abilities. So even though it helps, it doesn't help in a big way
That's right. Not only about natural ability but you really have to study on your own and gain a lot of lesson throughout your trading experience.

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March 27, 2021, 09:45:50 PM
 #131

Crytocurrency signals work but not all the time.I will advised you to backtest the signals on your demo account  to see if it works or not before using it on your real account.You can also use the signals along with your knowledge of price actions or indicators to be a safe side.

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March 27, 2021, 10:06:06 PM
 #132

Crytocurrency signals work but not all the time.I will advised you to backtest the signals on your demo account  to see if it works or not before using it on your real account.You can also use the signals along with your knowledge of price actions or indicators to be a safe side.
Backtesting is something is recommendable anytime you do see some analysis floats online which you do seem that it is worth to try or be adding up into your own made analysis.

Demo's isnt something that i much off preferred because it is totally different when you are already on the live market using live money or fund.So better to test out with small

amounts and when you do get the tempo or method then thats the time on changing things up when it comes to intensity and everything will be depending on you.

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March 27, 2021, 10:37:39 PM
 #133

Crytocurrency signals work but not all the time.I will advised you to backtest the signals on your demo account  to see if it works or not before using it on your real account.You can also use the signals along with your knowledge of price actions or indicators to be a safe side.
Yeah, why not try to know if they can be trusted or their signal will help but we don't need to hook them up just for an easy escape in case we have to do it.  This gonna be a sort of experience and probably we can learn something from them. But we still have been cautious by then, we know the scamming events are rampant, and most it happens that they are asking money for returns. If that will going to happen, you better not continue your plan about joining them, they might just milking you without the assurance of getting returns of your money. It definitely a big loss on your side.

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March 28, 2021, 01:50:16 PM
 #134

I just want to join paid crypto trading group..anyone pls tell me ,this type of group doing scam or not? and does it work?

Signal group, as in signal for when the pump happens?, if it's just that then the answer is no, they do not work, mostly because bots will be buying the mentioned coin/token way faster than you and you will probably end up buying the top most of the time and there's actually more chance of losing money.

But if you're thinking about one of the TA guys that just send buy signals on good trading set ups then that's another story and the best would be to follow some of their free calls and see how they do and whether it's worth it, the good thing about following these signals is that you learn some Technical analysis along the way too and you're not just following signals blindly.
There was this telegram pump and dump group back in the day, they picked some low volume coin on poloniex if I am not wrong (this is a veeeery old story when poloniex was number one after cryptsy was recently hacked) and that meant that people actually ended up using a system on that telegram group where depending on the result of a blockchain hash at each day on the certain hour, there would be a coin picked. So, if it was 0 it was x coin and if it was 1 it was y coin and that type of thing.

This way nobody knew how it would be done and nobody would be able to buy beforehand and nobody made a bigger profit than others by cheating the system. Of course it wasn't as simple as that and eventually people started to build bots to acknowledge and trade accordingly, which is why many people started to lose money and system started not work so they disbanned it as a whole.
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March 28, 2021, 02:38:19 PM
 #135

I just want to join paid crypto trading group..anyone pls tell me ,this type of group doing scam or not? and does it work?

Signal group, as in signal for when the pump happens?, if it's just that then the answer is no, they do not work, mostly because bots will be buying the mentioned coin/token way faster than you and you will probably end up buying the top most of the time and there's actually more chance of losing money.

But if you're thinking about one of the TA guys that just send buy signals on good trading set ups then that's another story and the best would be to follow some of their free calls and see how they do and whether it's worth it, the good thing about following these signals is that you learn some Technical analysis along the way too and you're not just following signals blindly.
If we are going to rely on them, we are just simply ruining our future then. Not to say that it is 100% of these trading signal never works but it gonna be very closed to that. If we have an idea about crypto trading, will never know why it never works and that because we know that the market is not predictable. Because if these trading signal really works and those people who send it to their members, I'm not sure if they were going to share it but to use it with their own. But it won't and that they wanted to make others suffer losses just like them.

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March 28, 2021, 02:52:48 PM
 #136

I just want to join paid crypto trading group..anyone pls tell me ,this type of group doing scam or not? and does it work?

Signal group, as in signal for when the pump happens?, if it's just that then the answer is no, they do not work, mostly because bots will be buying the mentioned coin/token way faster than you and you will probably end up buying the top most of the time and there's actually more chance of losing money.

But if you're thinking about one of the TA guys that just send buy signals on good trading set ups then that's another story and the best would be to follow some of their free calls and see how they do and whether it's worth it, the good thing about following these signals is that you learn some Technical analysis along the way too and you're not just following signals blindly.
If we are going to rely on them, we are just simply ruining our future then. Not to say that it is 100% of these trading signal never works but it gonna be very closed to that. If we have an idea about crypto trading, will never know why it never works and that because we know that the market is not predictable. Because if these trading signal really works and those people who send it to their members, I'm not sure if they were going to share it but to use it with their own. But it won't and that they wanted to make others suffer losses just like them.

Yep, even if you follow one of those guys that are pretty good at TA, there are many times that their call and buy signal for a trade does not work out as intended and you should wait for a while to get any profit, and in some cases even that coin/token starts dumping, well, because market is unpredictable and you can only improve your accuracy up to 70-80% and that means you still will be wrong 20-30%.

The good thing about this is when you're paying for some TA guy giving you signals, it usually comes with some TA education as well which could make it worth it, specially if you have been following their signals for a while and they have at least 70% accuracy.
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March 28, 2021, 04:29:44 PM
 #137

I just want to join paid crypto trading group..anyone pls tell me ,this type of group doing scam or not? and does it work?
Well, I think it is not a bad option if you join a paid crypto trading group especially if you don't have enough knowledge of trading. However, just like the others, we were all doing the same thing making a TA and such. It's not that they are above us and completely getting 100% accuracy upon their trades, they are also been making a mistake and guess it wrong because the entire market is unpredictable after all. You can subscribe to them but you gotta check first if their signals are really that effective. My recommendation is that, since we are all been doing the same thing making a TA out of an unpredictable market why not learn it for yourself so you don't need to spend that money to subscribe rather add it up on your capital and trade it, that's sound better.



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March 28, 2021, 05:31:05 PM
 #138

In cryptocurrency,  there are no official signals and valid information. Because maximum time people fall into scams and face unexpected situations. So it is not fair to paid of signals. There are many free groups who give you some important suggestions that's may be work.

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March 28, 2021, 08:08:15 PM
 #139

It depends on the Trader you're going to follow. I think the only thing you need to do is to risk your money on that Trader, I mean the fee, risk it. Of course before you subscribe to their service, observe first if they trade successfully most of the time, and if it is positive then go for it. But signals are gonna be wasted if you don't know how to read the Technical Analysis they are going to drop in their channel, so yes, it is important to learn the basic first.
This is not going to work because most of those traders that give signals keep most of it to their paid clients, which makes sense, why are you going to give all of this information for free when you want to get paid for it? However I have always thought this is bad idea, even if you were to find a good trader that actually shared his insights about the market, what are you going to do once that trader stops doing that? You are just as lost as you were at the beginning so it is just better to learn how to trade by yourself than to rely on someone else.
There are some groups which share the news for gaining popularity, though often by the time this info is released to the group the main ones have already made a move so you could just be buying it too late and get rekt.

It is all in the circle of trading, I do think though that trade signal can be good only if you can act within the next few seconds otherwise it will be too late. So, yh, they can be useful but I wouldn't trust them 100% and at all times. Timing is extremely important.
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March 29, 2021, 04:44:20 PM
 #140

It depends on the Trader you're going to follow. I think the only thing you need to do is to risk your money on that Trader, I mean the fee, risk it. Of course before you subscribe to their service, observe first if they trade successfully most of the time, and if it is positive then go for it. But signals are gonna be wasted if you don't know how to read the Technical Analysis they are going to drop in their channel, so yes, it is important to learn the basic first.
This is not going to work because most of those traders that give signals keep most of it to their paid clients, which makes sense, why are you going to give all of this information for free when you want to get paid for it? However I have always thought this is bad idea, even if you were to find a good trader that actually shared his insights about the market, what are you going to do once that trader stops doing that? You are just as lost as you were at the beginning so it is just better to learn how to trade by yourself than to rely on someone else.
There are some groups which share the news for gaining popularity, though often by the time this info is released to the group the main ones have already made a move so you could just be buying it too late and get rekt.

It is all in the circle of trading, I do think though that trade signal can be good only if you can act within the next few seconds otherwise it will be too late. So, yh, they can be useful but I wouldn't trust them 100% and at all times. Timing is extremely important.
Well when your time window to act is only a few seconds then you should know there is something wrong with that, the timing is simply too narrow for a regular person to be able to do something about it with that information, it is better to develop your own system and to develop one that at least can give you a window of a few minutes otherwise it is going to be almost impossible for your average newbie trader to make profits when they have to take such a split second decisions.

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