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Author Topic: Crypto trading signal work or not?  (Read 2048 times)
South Park
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April 18, 2021, 03:01:05 PM
 #181

Even we are buying signals from experienced traders, there will be no guarantee those signals will be working all the time.
Indeed. That's why we don't rely on the trading signal group only. Not every time the signal can be easy to predict, also who give the signal is also a human, there should be a chance for a mistake.

Those professional traders who are joining the premium signal group, mustn't rely on the signal from the group only. They should have their own ways to examine the signal from the group and even have their own ways to get the signal themselves. It means the signal from the group is only one of the sources to collect the information, to follow or not, depends on the decision made by the trader.


Another factor that is seldom considered is that trading with your own strategy in which you know exactly what you are doing is already hard enough, trading by using signals that you do not understand is going to be incredibly difficult and once you begin a losing streak then you are going to stop following the person giving the signals thinking he does not know what he is doing and then may follow another person making the same mistakes over and over again.

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April 19, 2021, 06:29:16 AM
 #182

You might want to check out also free crypto signals groups there are also legit ones that you may find.

Try joining a telegram group like /freepfsignals, this is one of crypto group I've been following for a while.

I can say that they're legit and will always answer your query anytime regarding their platform.

Hope this helps you.
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April 19, 2021, 10:13:20 PM
 #183

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?

As far as I know most of the group they did scam to their members. But I'm not saying still not so sure about it, so better
be careful dude on your plan. And my only advise to you is make your own way in terms of doing activity in crypto trading this is
a natural way of trading where I know for sure you will get an idea about here.
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April 21, 2021, 07:21:54 PM
 #184

As far as I know most of the group they did scam to their members. But I'm not saying still not so sure about it, so better be careful dude on your plan. And my only advise to you is make your own way in terms of doing activity in crypto trading this is a natural way of trading where I know for sure you will get an idea about here.
Yes, I am as well hearing a lot of bad news about signal providers. They are also buying from some other providers and then re-selling to 100s of their own subscribers. It means they are paying for one subscription and collecting 100x profits out of no efforts. I'm sure reselling the signal is something no providers will be preferring still I do see some people are doing that in telegram/whatsapp groups.

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April 21, 2021, 07:46:01 PM
 #185

As far as I know most of the group they did scam to their members. But I'm not saying still not so sure about it, so better be careful dude on your plan. And my only advise to you is make your own way in terms of doing activity in crypto trading this is a natural way of trading where I know for sure you will get an idea about here.
Yes, I am as well hearing a lot of bad news about signal providers. They are also buying from some other providers and then re-selling to 100s of their own subscribers. It means they are paying for one subscription and collecting 100x profits out of no efforts. I'm sure reselling the signal is something no providers will be preferring still I do see some people are doing that in telegram/whatsapp groups.
Each person would really be considering this kind of reselling towards those tips into a particular source which it isnt something new and this is why we do
keep seeing that they flooding out into the market about those signal providers which arent actually real traders even though lets talk about the main
source and talking if it does work or not then it neither both chances but paying up for something that you can make out your analysis is something
not really worth to do so.Better create your own than on relying into someone.

R


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blockman
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April 21, 2021, 10:23:12 PM
 #186

You might want to check out also free crypto signals groups there are also legit ones that you may find.

Try joining a telegram group like /freepfsignals, this is one of crypto group I've been following for a while.

I can say that they're legit and will always answer your query anytime regarding their platform.

Hope this helps you.
Do they ask you for some fees or a VIP membership if there are step-up services that you want to avail from that group? that's the usual thing in these signals groups.
They won't just give you free signals and if there's a fee, that's actually where they're earning by giving their opinions about the market.

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April 21, 2021, 10:33:51 PM
 #187

You might want to check out also free crypto signals groups there are also legit ones that you may find.

Try joining a telegram group like /freepfsignals, this is one of crypto group I've been following for a while.

I can say that they're legit and will always answer your query anytime regarding their platform.

Hope this helps you.
Do they ask you for some fees or a VIP membership if there are step-up services that you want to avail from that group? that's the usual thing in these signals groups.
They won't just give you free signals and if there's a fee, that's actually where they're earning by giving their opinions about the market.

I think they will have that kind of arrangement, if you are new to their channel, they will accommodate as best as they can up until you will ask if there will be VIP membership. But anyhow, it is okay to be part of these free trading signal groups as you can get some ideas. But if you need to pay for their tips, I don't think that's a very smart move. Better do your own trading and learn some tips and tricks along the way. Most paid trading signal groups are not really worth your resources.
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April 22, 2021, 06:15:31 AM
 #188

They won't just give you free signals and if there's a fee, that's actually where they're earning by giving their opinions about the market.
I guess there will not be a problem for any trader to pay them a fee when those signals help traders to earn something. But, traders will feel the real pain if they need to pay fees for signals and those signals lead them to book losses at most of the times.

it is okay to be part of these free trading signal groups as you can get some ideas. But if you need to pay for their tips, I don't think that's a very smart move.
There are many free signal groups as well but their effectiveness against all types of market fluctuations will be very less. Making use of trading signals for getting some idea on market behavior will be a smart approach in my opinion as well but most people just start with signal like that and then get used to buying signal rather than trying to generate their own.

blockman
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April 22, 2021, 09:35:13 PM
 #189

They won't just give you free signals and if there's a fee, that's actually where they're earning by giving their opinions about the market.
I guess there will not be a problem for any trader to pay them a fee when those signals help traders to earn something. But, traders will feel the real pain if they need to pay fees for signals and those signals lead them to book losses at most of the times.
If proven to be helpful and effective, we're like that, we would be happy to pay them but if those signals are nothing and they're mere opinions of those group owners, nothing to be expected then.

I think they will have that kind of arrangement, if you are new to their channel, they will accommodate as best as they can up until you will ask if there will be VIP membership. But anyhow, it is okay to be part of these free trading signal groups as you can get some ideas. But if you need to pay for their tips, I don't think that's a very smart move. Better do your own trading and learn some tips and tricks along the way. Most paid trading signal groups are not really worth your resources.
The ideas that you will get to them freely might also be found by doing searches on search engines.

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April 22, 2021, 09:59:22 PM
 #190

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?
Depending on the intention and experience answers vary, the most popular premium signal groups take all data and trying their best to find the best possible ROI after analyzing market sentiment. If you have no experience, avoid paying subscription fees and just enjoy the free Telegram signal groups. Otherwise, trading fake pump signals with your hard-earned money and monthly fees will melt your trading capital.

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April 24, 2021, 08:24:20 PM
 #191

Some do, some don't. I've had been following Blockchain Whispers myself but their free version because their premium is not affordable for me and I'm happy with the free results itself. That guy gave Theta when nobody took interest in it because all the altcoins were being seen as just pump and dump materials and nothing, but Theta proved its worth and made many people hundreds of thousands of dollars.

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April 25, 2021, 01:55:09 AM
 #192

Crypto signal giving by a member or a channel. There have been some good call but some are very bad signal. Some premium channels is giving trading signal for which you have to pay a good amount of money. Everyone can not pay to premium signals channel. It is very difficult to say about these signals. Traders should search about market and cryptocurrencies and invest into them. That will be much satisfying for us.
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April 25, 2021, 04:38:36 AM
 #193

In my opinion, most of the groups that sell signals for trading are scammers. Why don't they themselves trade by their own signals? Real traders are unlikely to trade signals. Real successful traders will just trade. And as a rule, people who sell signals do not bear any responsibility for anything. They immediately make a reservation that the signal may be incorrect. It is better to independently study the principles of entering a position and stop depending on scammers.
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April 25, 2021, 08:04:43 AM
 #194

In my opinion, most of the groups that sell signals for trading are scammers. Why don't they themselves trade by their own signals? Real traders are unlikely to trade signals. Real successful traders will just trade.
Yes, only when they are not confident about the accuracy of their own signal they might want to make money by selling signal itself. Because when you are having accurate signal and even with very little capital you could make big money. Signal is the all thing in trading and when you're having that then definitely you can become rich given that accuracy of your signal is more than 90% at least.

So selling signal instead of trading with, definitely triggering doubts. Probably they are scammers or not ready to believe into their own signals.

as a rule, people who sell signals do not bear any responsibility for anything. They immediately make a reservation that the signal may be incorrect.
Yes that is true. We must need to trade on our own responsibility and we cannot blame those signal provider for any inaccurate signals. When we are subscribing to their services then we need to accept these kind of Tos.

It is better to independently study the principles of entering a position and stop depending on scammers.
The bottom line of being successful trader must be, generating your own signal by developing your skills for good technical and fundamental analysis.

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Iceblast
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April 25, 2021, 03:16:42 PM
 #195

You might want to check out also free crypto signals groups there are also legit ones that you may find.

Try joining a telegram group like /freepfsignals, this is one of crypto group I've been following for a while.

I can say that they're legit and will always answer your query anytime regarding their platform.

Hope this helps you.
joining a telegram group like the one you follow is a must-do, but I think maybe we should still rely on our skills to be able to keep trading well. so trading signals through any group are actually good, it's just that we need to keep doing our own analysis based on our skills

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April 25, 2021, 05:18:19 PM
 #196

joining a telegram group like the one you follow is a must-do, but I think maybe we should still rely on our skills to be able to keep trading well. so trading signals through any group are actually good, it's just that we need to keep doing our own analysis based on our skills
I do not think it is a must-do. It can be an optional IMO.

At the same time developing our own skills and then depending on our analytical skills for generating accurate signal will help all the times instead of joining telegram or any other social media groups. You may join social media groups for educational purposes but definitely not for trading purposes.

I guess when social media groups are doing good then no one will go for learning technical analysis to generate their own signals. AFAIK, very rarely people are sharing about good telegram groups and all other are reporting about pump and dump attempts.
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April 25, 2021, 10:52:43 PM
 #197

it works if you are lucky to get a good one to join. majority are scams thats why you need to be careful and watchful before you pay for anyone. find the free channels of such paid groups and follow their free calls, sometimes their free calls are better than the paid group thats why you need to watch carefully. i prefer to follow who will teach how to fish than who will give fish.

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October 04, 2021, 04:14:52 PM
 #198

Crypto trading once  you got the signal you still have to analyse. it for your own benefit of right calls in your trade .if any want don't have so much knowledge of analysing .any chat or don't have enough time to monitor this but anyone can increase that reading skill by understanding . Uhshort form the signal provides and asking your shift like if you are willing to paid for any signal better to use it for you to learn and analyse your neurone.
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October 04, 2021, 04:46:04 PM
 #199

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 a few legit trading groups in the midst of those scam groups out there, you can find so many trading groups on telegram, but I would advice you tread with caution scammers are on alert as always.
I wouldn't consider joining one TG groups on there that claim to be signal groups. The amount of scammers these days on TG is HUGE and you're banned to get cleaned out.

One good way to deal with this is to follow a group that you think is good before you join/commit to check its authenticity and if the signals provided work - I'm aware some don't give you access to the info. but best to try with the ones that give you at leats something to check how credible they are.

Still the best advice is don't rely on these signals, find the info yourself if you can - it will take time but it will be worth it.
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October 04, 2021, 04:58:47 PM
 #200

It is often seen that many people have a lot of signals. However, in the case of cryptocurrency trading, the signal is often not right.Again, if you trade according to the signal for some time, you can get a good profit from there.Sometimes the signal is very useful and the market continues according to the signal.
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