do you believe on signals?

[Christabel247]

Hello all,
i m a bit confused about this; most at times i will be given some signal about some currency how the price will appreciate but after i bag some of the currency from market it would tuned out to be false signal. so i have learnt not to follow any news from twitter or from any group.

how much have those signals turns to your favor? If any please share with us your experience with signals

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[sunsilk]

I've never done and followed one.

That's because I've seen people complained about it just as what you've said. They're not actual signals and only giving false ones and that's why there is no sense of following one.

You better get up and stand with your own strategy through gaining more experience in the market.

[mk4]

Like 99% of these "signals" are just pump and dump groups in disguise.

1. The group leader loads up on a certain low-cap coin(for easier price manipulation)
2. The group leader tells the group that this coin is a buy
3. Price increases because of the people buying, while the leader dumps on their faces
4. Price crashes, leaving most of the buyers underwater

[noorman0]

All trading signals are speculative. I consider the signal to contain a maximum of 20% accuracy provided it is explained by reasonable analysis. I don't rely on signals much, just as a support for my own analysis.
What you need to avoid is to completely rely on these kinds of signals, especially paid signals in the telegram group. It's easy for them to announce the coin "x" will pump even without analysis because you never know what they're doing behind the scenes, but still they won't compensate for your loss.

[JeromeTash]

Trading signals are a complete waste of time. Whether free or paid. You should avoid them at all costs. It's the very people who follow signals who end up getting used for pump and dump schemes.

Trading signals and similar to "fixed match bets". None of them is true.

[stomachgrowls]

Hello all,
i m a bit confused about this; most at times i will be given some signal about some currency how the price will appreciate but after i bag some of the currency from market it would tuned out to be false signal. so i have learnt not to follow any news from twitter or from any group.

how much have those signals turns to your favor? If any please share with us your experience with signals

Dont listen on any words that you would hear out on anywhere or everywhere.It is much worth if you do trust up your own analysis rather than on listening to signals.

1.You can make use of technicals
2.You can make use of fundamentals
3.Make analysis out of those two

You wouldnt really need to depend into those since we are all speculators here on this market and theres no such thing about precisely knowing on where
the market could possibly go.Start from scratch and look back on where you had committed those mistakes and analyze.

[TheUltraElite]

i m a bit confused about this; most at times i will be given some signal about some currency how the price will appreciate but after i bag some of the currency from market it would tuned out to be false signal. so i have learnt not to follow any news from twitter or from any group.

Whats there to be confused about? You have been fooled into buying some shitcoin by a pump and dump group.

I suggest you to stop thinking about these signal and prediction groups. If there was a method to predict every move in the market that person would have already become a millionaire and not be spamming the link to their "group" in every telegram group.

These lowlifes feed on naive new investors who fall for their tricks and and up being in a pump and dump while the owners make the money. It is a type of a scam, but you cant do anything about it.

how much have those signals turns to your favor? If any please share with us your experience with signals

Coming from a background of stock markets, I knew about such groups for a longer period of time and therefore never took part in any.

[shield132]

First of all, remember rule number one!
No one will do anything in your favor. If someone is announcing the signals, that's because it's more beneficial for them than for you and they can even use you in their manipulative trading, make money from you and at max, apologize at the end of the day for your losses or incorrect signals.

Btw you should follow the news from Twitter because this is one of the fastest ways where crypto-related news are spread. I don't mean trading signals but for example, if you follow the Musk, you can get rid of unwanted crypto market movements. Just one tweet from this person crashed the whole market, so...

Just be updated about crypto-related news and decide yourself, what to do!

[Husires]

Following the signals is like waiting for all the lines to be green before starting the journey. signals are predictions of the future and no one knows what will happen. They sell delusion to people and are not obligated to guarantee losses.
I can trust the signals if it includes compensation, if the price does not rise, and if the price rises, the claimant will receive a part of the profits of 25% or more.

If the question is faith, then it is a soft scam by giving illusory dreams and stealing money in exchange for them.
If the question is about investment, when you ask these people to do a small challenge, if the predictions are true you get 50% of the profits and if you fail you pay 50% of the losses, they will not agree.

[joniboini]

Are you asking about a paid signal? If it's a free signal I don't think you need to question it further. Just ask why people would urge you to buy at this time and sell later for free. A paid signal is a mixed bag. Some claim there are some worthy deals while others said that they got rekt from them. I do believe it's not really worth the money, and it's more like you help a guy to buy his bag. Sure, someone might be so well-informed and has a lot of insider information, but why would they trade that for just a measly hundred dollars if the info is so valuable. I'd avoid them too.

[Furious 7]

I don't believe in signals in some groups because in them there are a lot of lies to know as a member even though behind it there must be lies that have been given to us and never believe it, it's clear that many people are against trading signals.

There is no goodness in joining signals, in fact we are misled with coins that are not clear, that's usually the case, so I never said anything about clear signals, just avoid it before you go wrong in buying the coins that the signal recommends.

[The Cryptovator]

First of all, don't buy signals. I think most paid signals groups have free signals channels as well where they promote themselves. You might follow them there just to get updates, not for trading with their signals. Believe me, they just faking signals. Sometimes their signal works because they built a big group where they broadcast signals. But you wouldn't lucky enough to catch it. So don't follow them for trading. Just imagine, if anyone knows exactly what is going to happen with a coin then he would be a millionaire by investing that coin. It doesn't necessary to sell signals. I am talking about all paid and free signals, so just avoid that.

[Hamphser]

Dont waste your money on buying signals.Why doing such thing if you can create on  your own?Just like what others been saying that we are all speculators on here and believing into those signals

are utter bullshit for you to believe on or even the worst which you do really end up on paying money just for you to get it.For some groups they do call it pump and dump which is particularly

talks about  certain shit coins to be pumped intentionally or on a manipulative way which its really hard to determine if you decide to jump or gamble on.

[sheenshane]

The paid or free crypto signal group is just a waste of time, as most replied above was right, they are most likely pump and dump group which is not good to join and only the organizer will earn the most.  The organizer will forecast on the wrong date of making a profit and get profit earlier from pumped low volume coin in the market cap.

Always bear in mind that there's no one can predict the market price, it's always been speculation or a prediction, to prove that you are near to accurate result you must follow as most stated above.  Do a fundamental and technical analysis, combine them all, because the market not only relies on the technical analysis, it also swings the price depend on the latest trend.

[pooya87]

Ask yourself this very simple question: if anyone could successfully predict the market (specially the shitcoin market that can only move with manipulation and pump and dumps which are considered unpredictable events) why would they waste their time telling other about it and risk losing the opportunity to buy that shitcoin themselves?

Specifically those who sell these so called "signals" are the most obvious cases of scams because they obviously know their "signal" is total garbage and they know the only way to make money from it is to sell it to others. Otherwise if it were any good they would have used it themselves.

[Slow death]

I honestly don't understand how these signals work, in the past I joined some telegram groups where they send these signals and I didn't understand anything about how to buy or how to sell, but after a while I learned about technical analysis I came to realize that it was very difficult that they could predict the price direction and send this information in good time to people and I say more predicting altcoin movements which in the coinmarketcap have low ranking is very difficult I would say almost impossible. That's why these services they offer only benefit the creators of the services, it doesn't benefit the customers. I hope no one spends money on this kind of thing

The paid or free crypto signal group is just a waste of time

and worse that they charge a high amount of money

[Darker45]

I don't trust signals shared on Telegram, Twitter, or simple anywhere. At least not anymore. When I was new to cryptocurrency, I've also had my share of following signals. As a matter of fact, I've had a number of signal groups. There was one or two which seemed reliable up to a certain extent.

There were surely good days, but on the overall I lost a lot by following shared signals. This was primarily the reason why I ended up having a whole bunch of shitcoins which I then dumped mostly during the 2018 market fall.

It is very common to get stuck. So it's a lot better to just stick to Bitcoin and HODL.

[examplens]

The only signals which you can expect are from a small (probably shitcoin) team. So if you have very hot insider info from the team, which can cause significant price changes, you can use this info and make a profit.
everything other is just speculation, and it works when the market is in a growth trend.

[bL4nkcode]

Most of these signal group has only one purpose, to make of use their listeners for their scheme (pump and dump) while the owners/leaders/admin of the group gains profit.

Most newbies fall for this. And no one could predict the price, just a guessing game with common price range, it also based on the current trend/news.

[Pbacala]

don't, don't and don't.

don't ever even look after them or care about them!