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Author Topic: I'm wondering who trades with paid signals?  (Read 916 times)
RealMalatesta
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April 05, 2021, 07:22:47 PM
 #81

Most of free signal are just plain bs, even I knew this one trading signal group that was supposed to give away signal turns out it was later bought by some scammer and being used to scam the group member and honestly unless I know the owner of trading signal in real life I won't trust the signal even if it's paid. so many cases out there about the so called veteran trader offering signal but flop so hard.
Yes that's true, i've seen a lot of cases like this, whether it's free signal groups or even paid signal groups, both of them are the same i guess, none of them are dependable enough. I'm not saying that those signal groups are bad, there might be some signals that are true and able to give the members profit, however with the market situation that's so unpredictable, i guess it's hard for it to be really effective and be true all the time. Some might scams, some might facts. No one knows. I guess taking them with a grain of salt it good but don't depend too much. Be sure to do analysis on your own as well.
I think "all" are bad, because the good ones become private very quickly, and you do not hear about them for too long and even those end up not being awesome. People have to realize the fact that bitcoin (and other cryptos) are not like stocks, you can't just check the indicators and look at the charts and try to predict what it will do, hell even one tweet could ruin all of your research.

This is why there is no way that a signal group could survive for too long, it might be right a few times but that's it, it is going to end up not being good at all for a very long time, that is why there is no way that people could actually profit from signal groups. It is against the whole idea of crypto, it is a decentralized unregulated market and it does whatever it wants to do without anyone meddling with the trade, which is why it is highly unpredictable.
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April 05, 2021, 07:51:12 PM
 #82


Signals don't work that way unless you join on a fake signal group. A legit signal group provides both technical analysis and fundamental analysis on the specific token that they are going to have a signal. Signal group or page intends to help newbie trader to easily spot the coin that showing a good buying opportunity for trader. It just happened that most of the Signal Group available on crypto are scam that's why the image signal group become negative.
I agree. These days trade signal groups are not to be trusted. Unfortunately, these mostly target new crypto enthusiasts in an attempt to capitalise on their naivety. Having said this, there might be some signals which are worth looking as they might hold true for a long time. For instance any groups who showed some data that BTC should be bought in 2020 anybody who looked into that by now would have realised that was a smart move to make.

Though this is only an example, but the morale is that you have to look into all the different types of data and not just rely on what other say, be your own analyst and decider.
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April 05, 2021, 07:54:53 PM
 #83

I am not familiar with paid signal. I think,  To be a master minder trader is the dreem of everyone. I was follow some free signal in my beginning. But the true is, I can't make actual profit from that. I don't know much about paid signal. From my opinion, Market analyzing and research is everything in trading.
Most of free signal are just plain bs, even I knew this one trading signal group that was supposed to give away signal turns out it was later bought by some scammer and being used to scam the group member and honestly unless I know the owner of trading signal in real life I won't trust the signal even if it's paid. so many cases out there about the so called veteran trader offering signal but flop so hard.

Yes that's true, i've seen a lot of cases like this, whether it's free signal groups or even paid signal groups, both of them are the same i guess, none of them are dependable enough. I'm not saying that those signal groups are bad, there might be some signals that are true and able to give the members profit, however with the market situation that's so unpredictable, i guess it's hard for it to be really effective and be true all the time. Some might scams, some might facts. No one knows. I guess taking them with a grain of salt it good but don't depend too much. Be sure to do analysis on your own as well.

Doing your analysis before trying to follow those paid or free signal will help you to save both time and your investment.

Lots of followers do things blindly and blame those groups once they've failed and lost their money, with high volatility, even there's true group around it will also difficult for them to predict what market will bring them.

You can use the help but never to relied everything, it's still best that you have your own assessment while working with your investment.
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April 05, 2021, 08:40:52 PM
 #84

I am not familiar with paid signal. I think,  To be a master minder trader is the dreem of everyone. I was follow some free signal in my beginning. But the true is, I can't make actual profit from that. I don't know much about paid signal. From my opinion, Market analyzing and research is everything in trading.
Most of free signal are just plain bs, even I knew this one trading signal group that was supposed to give away signal turns out it was later bought by some scammer and being used to scam the group member and honestly unless I know the owner of trading signal in real life I won't trust the signal even if it's paid. so many cases out there about the so called veteran trader offering signal but flop so hard.

Yes that's true, i've seen a lot of cases like this, whether it's free signal groups or even paid signal groups, both of them are the same i guess, none of them are dependable enough. I'm not saying that those signal groups are bad, there might be some signals that are true and able to give the members profit, however with the market situation that's so unpredictable, i guess it's hard for it to be really effective and be true all the time. Some might scams, some might facts. No one knows. I guess taking them with a grain of salt it good but don't depend too much. Be sure to do analysis on your own as well.

Doing your analysis before trying to follow those paid or free signal will help you to save both time and your investment.

Lots of followers do things blindly and blame those groups once they've failed and lost their money, with high volatility, even there's true group around it will also difficult for them to predict what market will bring them.

You can use the help but never to relied everything, it's still best that you have your own assessment while working with your investment.
Having your own assessment is much more preferred than on completely relying into something which isnt even predictable.Those group owners are just also making their own speculation and guesses
which are also basing with their own analysis too.

If they can do such thing, why wont you able to do that too? Its not bad to make out some peek of those information which might be helpful on your part but most of the time
its not really worth to do so.

Trade on your own ways and methods which i can say it would really be much more worthy, not only just saving up your money but also you do gained up experience.

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April 05, 2021, 08:54:40 PM
 #85

@OP, what an awesome intro with no real trades' pics, no information about your most traded pairs, nothing and you just said that you've been trading for 6 years? Where are your stats?  Sad

Anyways, I never paid for signals but yeah I follow a free channel that I guess almost all of the forum members know about - Blockchain Whispers Baby! Wink

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cryptolord2077
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April 05, 2021, 11:33:37 PM
 #86

I am one of those who periodically trade with paid signals. For me, it's more of an entertainment that brings a little profit. I found a trader who sells quality signals, and if I want to trade, I buy a monthly subscription and trade for a part of my deposit. It is safe in the current market as the market is growing and I have no losses. However, in a bear market, I would not do this.
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April 05, 2021, 11:54:39 PM
 #87

Anyone that rely on signal to trade is just pushing the owner upward. Before anybody gives you signal to pump him/her, he/she is already in the market. Be wise, learn the rudiment of trading and stick with the one that work best for you
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April 06, 2021, 12:03:35 AM
 #88

I have the same opinion and position like you with trader who join paid signal because I worry with owner of paid signal always be later for giving information about coin to buy or sell, they always early have position for entry buy but give update later when price going up, you know what happen after ask you to buy and they will sell coin.
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April 06, 2021, 12:34:41 AM
 #89

I am one of those who have traded using paid signals and I have not had very satisfying results. Maybe a little bit better than free signals,
so I don't recommend trading using paid signals, it's just a waste of money. And trading paid signals does not increase my trading abilities,
so the benefit they give is very little. I prefer to trade with free signals, but still signals that are obtained we need to re-analyze again.
To be safer when trading and we can also compare the results of the analysis we do with the free signals we get.

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michellee
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April 06, 2021, 07:25:38 AM
 #90

Good if you want to share trading signals in the group for free, maybe many also want to see them first. But I admit, I once also joined
a paid signal group but not all accurate, especially when the crypto market is bearish in the long run, shared the paid signals do not worth it.
So I now always rely on the results of my analysis although not perfect, but as long as we can keep it, I am safe all this time with my analysis.
I feel not right if I need to pay the paid signal group because I can use it to start trading. And even if I do not have much experience and knowledge about analyzing the market, I will still trade. I think we can profit, even if that is a little profit because as time goes by and we have better skills, our profit will be bigger than the other trader. That will just a matter of time for us to make a bigger profit like them, so we need to be patient.
Well, having the help of others is not a bad idea but just to limit then and we have to make our own market analysis, and prediction. These paid trading signals only make people becoming dependent on others but seeing their result, you can't tell that they are not improving but just seeing them going at worst.
A trader who wanted to learn and gain knowledge more will never rely on other's help but instead, they push themselves to discover more through experience and continued search. If the others can do this, that is impossible if we can't, it really matters on trust and perseverance.
Using paid trading signals make you become lazy to make your own analysis because you can get the signal buy or sell. But if the signals are wrong, you will get the loss, which will not be easy to recover if you do not try to analyze yourself. Still, if you get the signals from any trading signal group, you need to analyze to find more sign that can you use for yourself. If you can have better skills and get the signals, that can give benefits to you as you can trade without a problem.
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April 06, 2021, 03:31:45 PM
 #91

Good afternoon to all traders. I have 6 years of experience as a trader, and here I have a question for everyone

Are there people here who want to join a team of traders and receive tone signals?
Sure, there will be a lot of people who are going to be making use of paid signals from for their day trading. And if you would like to convince people then you have a long way to go with that, and I think the first thing you will have start with to be able to convince people will be to be an active member and stick around for a long time, because nobody is ready to trust a newbie with their money.

And the next thing is to have proof of what you do, if you’re providing the signals then you have to prove to them that what you are giving to them is reliable. That’s not the only things, I think you’re supposed to have trials for those who wants to try it out without paying to prove to them that what they are about to pay for is reliable.
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April 06, 2021, 08:16:32 PM
 #92

There is nothing wrong with trading signals. It is only a reference for the price at which you have to buy and sell it. But the problem is, who is the signal maker. If the signal maker is a professional, maybe he can still be trusted but not 100% accurate. But if those who give signals are only people who are not clear about their trading abilities, then you need to be careful, because there will be many traps that will plunge you. Want to profit or lose and it will not be fun
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April 07, 2021, 04:19:37 PM
 #93

There is nothing wrong with trading signals. It is only a reference for the price at which you have to buy and sell it. But the problem is, who is the signal maker. If the signal maker is a professional, maybe he can still be trusted but not 100% accurate. But if those who give signals are only people who are not clear about their trading abilities, then you need to be careful, because there will be many traps that will plunge you. Want to profit or lose and it will not be fun

In such a business, there are a lot of scammers who are not trading professionals, but try to give trading recommendations that, due to their inaccuracy, can lead to losses. There are also scammers who simply sell trading signals that they themselves receive from open channels. But if the signals are presented by a professional trader, then you need to follow them, but here another question arises - the prices of such signals.

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April 07, 2021, 07:17:09 PM
 #94

There is nothing wrong with trading signals. It is only a reference for the price at which you have to buy and sell it. But the problem is, who is the signal maker. If the signal maker is a professional, maybe he can still be trusted but not 100% accurate. But if those who give signals are only people who are not clear about their trading abilities, then you need to be careful, because there will be many traps that will plunge you. Want to profit or lose and it will not be fun
In such a business, there are a lot of scammers who are not trading professionals, but try to give trading recommendations that, due to their inaccuracy, can lead to losses. There are also scammers who simply sell trading signals that they themselves receive from open channels. But if the signals are presented by a professional trader, then you need to follow them, but here another question arises - the prices of such signals.
Scammers are a lot in the crypto world, it is a great place to be a scammer because you are both anon as you can be and you also end up not giving it back or have a paper trail. So, let's say I come to you and say that if you give me 100 dollars worth of bitcoin I will give you 200 back in a week, that will result with me taking your 100 and I will leave and nobody can do anything about it.

There are tons of fiat situations where people are scammed anyway, even though it's proven that people were scammed, others still do it without fear of justice because they know at worst they will end up running away with the money and living a great life. This is why I think it is obvious that we should not be focusing on anything that would make things harder for us, it is going to be a lot easier if we just carefully examine everything we do and where we send our money.

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April 07, 2021, 09:30:12 PM
 #95

Good afternoon to all traders. I have 6 years of experience as a trader, and here I have a question for everyone

Are there people here who want to join a team of traders and receive tone signals?

I may be able to follow it, if you have a premium version, please also make in vesi free, because we have to have a strong handle in order for us to believe you are an experienced trader. In cryptocurrency codes are the most honest.

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April 07, 2021, 10:02:28 PM
 #96

Good afternoon to all traders. I have 6 years of experience as a trader, and here I have a question for everyone

Are there people here who want to join a team of traders and receive tone signals?

I may be able to follow it, if you have a premium version, please also make in vesi free, because we have to have a strong handle in order for us to believe you are an experienced trader. In cryptocurrency codes are the most honest.
Nice try mate. I hope they will give you what you wanted and hoping also that you'll never regret it or this paid signal group will be proven guilty.
But I don't expect him to make this free, that actually a paid signal.

Anyway, OP isn't replying back on this thread and I'm not sure if he wanted to continue promoting their services. People had already look it down and that seems impossible if someone will truly have the intention to acquire their service or just also to trick them back Cheesy

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cryptolord2077
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April 07, 2021, 10:07:12 PM
 #97

There is nothing wrong with trading signals. It is only a reference for the price at which you have to buy and sell it. But the problem is, who is the signal maker. If the signal maker is a professional, maybe he can still be trusted but not 100% accurate. But if those who give signals are only people who are not clear about their trading abilities, then you need to be careful, because there will be many traps that will plunge you. Want to profit or lose and it will not be fun

Obviously, buying signals of this kind should only be from a professional, while before buying it is critically necessary to familiarize yourself with the trader's statistics. It is desirable that these statistics are not for one month or two, but for several years. But unfortunately I have not yet met a trader providing such statistics. You need statistics for at least half a year or a year. The fact is that it is very easy to trade on a bullish trend and statistics for several months of a bullish trend will not show you anything.
randegibran
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April 10, 2021, 08:04:50 PM
 #98

So far many trading paid signal always give very late when entry coin, I don't know they make late for giving signal or really analyze about when have to entry, I see when price was higher more than 15% signal given and make me think again is good or very risk to buy. Never any exact time when coin really have lower price to entry.
gabbie2010
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April 12, 2021, 01:18:34 AM
Last edit: April 12, 2021, 03:14:55 AM by gabbie2010
 #99

So far many trading paid signal always give very late when entry coin, I don't know they make late for giving signal or really analyze about when have to entry, I see when price was higher more than 15% signal given and make me think again is good or very risk to buy. Never any exact time when coin really have lower price to entry.
I trade cryptocurrencies with daily timeframe once I am late in placing a trade at 1.am G.M.T that is when a new candlestick start it daily formation it will become too late to place because the price must have moved due to it volatility how much more a paid signal provider that must have wasted much time before sending its signals to their numerous members, this will definitely result to most members losing many trades due to late arrival, I don't recommend paid signal for any trader.

doomloop
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April 13, 2021, 08:07:28 AM
 #100

how much more a paid signal provider that must have wasted much time before sending its signals to their numerous members, this will definitely result to most members losing many trades due to late arrival
Mostly those signal providers will not care that; instead they will simply claim about the accuracy of their calls. But, when we are not getting signals on time, that will definitely end in big losses but that is not the concern for those signal providers. Even with some low number of subscribers based signal provider also not providing signals on time because they are trading themselves which means first they want to trade based on those signals and then they are sending to their subscribers.

Overall, there are many factors influencing for paid signals to become ineffective for its subscribers. But the providers are making easy money every month.

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