Crypto trading signal work or not?

[shohag999]

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?

[jackg]

Follow their free channel and see how good their calls are (follow with 1%-5% of your portfolio). If they do well you should, only then, consider joining them (after a week or a month of following).

All trading is risky and you might want to follow what they suggest to trade by looking at a chart as some get paid to advertise buying coins that have just pumped or are about to the minute the person gave the call (as in groups and whales admins compound what they have and buy the start to push the price up leaving their users - and the market - to keep the price inflated while they cash out). Which means it's a good idea to check for common scam trends in the area.

Also don't custodian your crypto to anyone and don't use a bot unless you're confident in its functions.

[janggernaut]

If you lucky, you will find a legit group, obviously not a financial advice but not a pump and dump group too. If you joined in a pump & dump group, you will ended up losing your money because they are trying to scam you by their pump and then after you bought the token on top, they will dump it immediately.

[Sterbens]

Follow their free channel and see how good their calls are (follow with 1%-5% of your portfolio). If they do well you should, only then, consider joining them (after a week or a month of following).

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yes I agree with what you said, if you are curious, you better try it first, and it proves or even makes you lose the value of your portfolio. because as far as we can see, such groups cannot be found for free. if any, it is very difficult to filter which ones are really profitable. a group filled with great people and analysis, should have a price in every piece of information they share. so if it makes you feel confused, try to learn to read the price movements according to your needs. start learning the basics.

[Kelvinid]

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?

I would like to say is that you just be careful. I don't want to draw a conclusion that crypto trading groups are scammy or it never works. I don't have any experience with them because there are so many groups like this but as we heard most, they can't be trusted nor their trading signals is effective.

But it's up to you to try then, that gonna be a sort of experience and so it helps your awareness. But for me, I have to use my own TA, because the reality is that, no one could predict right for the future happening. All these signal are just the same if we do ourselves, it can be right or even wrong. 

[logfiles]

There's no shortcut to success. Why waste money on paid signals, yet there's a lot of information out there on how you can also learn how to trade, carry out technical analysis and make a higher percentage of right calls in your trades?
Why depend on someone for fish every time you are hungry, yet you can also teach yourself how to fish? 

Most paid signals are scam. I wouldn't even spend a cent on them. Instead, I would use the "subscription fees" as my capital to gain more experience in trade.

[traderethereum]

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?

You do not have to pay crypto trading group as you can find many free crypto trading groups at the telegram.
But you do not know which groups can teach you about trading and give the coin's signal to buy or sell, and that is hard to get the right group.
I suggest you learn trading by yourself and search for many lessons from many sources, so you can trade without using their signal.
But you can use their signal to analyze and find more information about the coin movements, so you can find the time to trade and you can use it for your own benefits.

[mk4]

There are scams, and there are legitimate ones.

And with the legitimate ones— there are ones that are actually profitable to some extent, and there are others that are simply just bad(which is mostly the case).

Should you pay for them? Completely up to you, and though I'm personally not a fan of them, probably try for 1 month? If the price of 1 month membership doesn't cost that much that you don't mind wasting that 1 month payment, then go ahead and try for yourself. Just to get an idea on how a "trading signal" group (which are mostly just pump and dump groups) work.

[tranthidung]

If you lucky, you will find a legit group, obviously not a financial advice but not a pump and dump group too. If you joined in a pump & dump group, you will ended up losing your money because they are trying to scam you by their pump and then after you bought the token on top, they will dump it immediately.

It can be a free or paid group but the final results depend on a person who uses given signals.

• Not all users follow given signals. When group operator gives good signals to slowly accumulate at bottom price, for days receivers might ignore signals. They will join and FOMO when price is rising.
• Risk management: @jackg gives a good point. You have to beware of the risk and avoid to use all or most of your capital for trading.
• Don't trade too much with low cap altcoins. Again altcoins are risky but low cap altcoins are much more risky
• A good group can give you 90 good signals per 100 total signals. If you are in 10 bad signals or 1 to a few with all of your capital. You are loser whilst most members of the group ends with profit

Personally, to be dependent in your thoughts and decisions, you should not join groups.

[shohag999]

If you lucky, you will find a legit group, obviously not a financial advice but not a pump and dump group too. If you joined in a pump & dump group, you will ended up losing your money because they are trying to scam you by their pump and then after you bought the token on top, they will dump it immediately.

thanks for information.

There's no shortcut to success. Why waste money on paid signals, yet there's a lot of information out there on how you can also learn how to trade, carry out technical analysis and make a higher percentage of right calls in your trades?
Why depend on someone for fish every time you are hungry, yet you can also teach yourself how to fish? 

Most paid signals are scam. I wouldn't even spend a cent on them. Instead, I would use the "subscription fees" as my capital to gain more experience in trade.

You are right..Thanks for information.

Follow their free channel and see how good their calls are (follow with 1%-5% of your portfolio). If they do well you should, only then, consider joining them (after a week or a month of following).

All trading is risky and you might want to follow what they suggest to trade by looking at a chart as some get paid to advertise buying coins that have just pumped or are about to the minute the person gave the call (as in groups and whales admins compound what they have and buy the start to push the price up leaving their users - and the market - to keep the price inflated while they cash out). Which means it's a good idea to check for common scam trends in the area.

Also don't custodian your crypto to anyone and don't use a bot unless you're confident in its functions.

thank u.

[moderator's note: consecutive posts merged]

[TinaK]

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?

It is depends on your paid group strength and true policies. Mostly beginners are try to analyse our own method and join some free telegram groups, Reddit news and youtube analytics. Because these kind of social media is truly improve the trading method, once you understanding well in crypto trading automatically you can start day trading in crypto platform.

[Lordhermes]

Definitely, considering paid trading signal is not a bad ideas and had helped so many new traders as well, but before venturing, have a thorough investigation on the channel to be a legitimate one to avoid been scammed on the way. Also there are some significant rules to follow when in trading signal
1. Never use all your portfolio to purchase one coin when  notified.
2. Always trail your profit when a trade goes to your favour using OTC order.
3. Be smart enough to set up stop loss and take profit when due.
4. Not all notified coin given by the provider should be traded, do some diligent research too.

[passwordnow]

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?

Scam mostly. It doesn't work.
Don't waste your money paying those crypto trading groups that say they'll send you a signal. What they do is going to send you an altcoin to be bought by you for you to help them pump it.
There's really no signal about it, what they do is organized pump and dump and what's worse is when you're left behind.

[Review Master]

Crypto signal group/channels are just pure scam as wildly followers get rekt by taking trade on those signals and signal providers get huge profit on those signals as they take early entry before giving those signals. So, it's better to take trades on any coins/tokens according to major events if anyone don't have so much knowledge of analyzing any charts or don't have enough time to monitor those. But anyone can increase their trading skill by understanding charts from those signal providers and asking yourselft like: "what indicators are bullish for that coin/tokens or why that coin/token will be pump according to TA/FA?.... etc. So, it's always been a better option to do trades with own skill instead of following other signals, IMHO.

[airdata]

You shared very helpful opinion about Telegram crypto signal channel and i agree with your Opinion and as my opinion before investment or Trading, need 1 week analysis about following telegram channel's all signal then Trading will best for my opinion.                 

[Johnyz]

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?

There’s a lot of free signal on twitter which is more effective based on their past analysis. Once you got the signal, you still have to analyze it for your own benefit so I don’t suggest to fully depend on any trading signal because that’s risky. If you’re willing to paid for any signal, better to use it for you to learn and analyze on your own.

[cryptomaniac_xxx]

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?

Scam mostly. It doesn't work.
Don't waste your money paying those crypto trading groups that say they'll send you a signal. What they do is going to send you an altcoin to be bought by you for you to help them pump it.
There's really no signal about it, what they do is organized pump and dump and what's worse is when you're left behind.

Right, and I would say majority is really doing it to scam, specially newbies. And this is not new, I've seen that this kind of scheme grow during the bull run of 2017, and now they are back at it again. Of course, there are genuine trading signal groups, but I do think that it is a close-knit group, and probably almost all of them know each other personally so it's hard to enter on that group.

[carelessboy]

Not sure. but you need to chose a traditionally  and profetonally group .many time people lost and many time earn profit .if you join any paid group also need a agreement .i know some trading paid group but still not join.

[maydna]

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?

There’s a lot of free signal on twitter which is more effective based on their past analysis. Once you got the signal, you still have to analyze it for your own benefit so I don’t suggest to fully depend on any trading signal because that’s risky. If you’re willing to paid for any signal, better to use it for you to learn and analyze on your own.

Indeed. We don't know if that signal from other people can be right or they get the signal from others and share it on their social media. Whenever you get the signal from many sources, you must analyze it to find the truth because if you use it for trading, you don't know if that will give you a chance to make a profit. Analyzing more from the signal is the recommended thing that you must do after you got it. But I do not suggest paying for that signal because that is not worth it for you to trade. You can analyze by yourself, and what you need to do is believe in your skills. Make it as your lesson if you can't make a profit to increase your skills to better.

[ultrloa]

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?

There are few is good but still you cannot rely for long term profitability so best advice we can give to you is not to buy those VIP signals offer and just avail the free provided since its also good to learn with those hints. Also try to learn trading since we don't have any excuse not to learn it since there are so many tutorials provided everywhere so best to start learning the basics now.