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Author Topic: Who is the best crypto provider to give you advice on how to trade in crypto?  (Read 537 times)
BenjaminGlover (OP)
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January 18, 2022, 10:48:27 AM
 #1

Because there are so many crypto signal providers now, it's hard for me to pick the right one. Many of these crypto trading signal providers have a good record of giving out good signals, but some are only in it for the money. This is what you need to know about these people. So, which is the best source of crypto trading signals, and which one should you use to make money?
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January 18, 2022, 10:52:19 AM
 #2

So, which is the best source of crypto trading signals, and which one should you use to make money?

Most of those "signals" you can find are scam. Their main purpose is usually to get paid subscribers.
Just think a little: why would somebody share his knowledge? If he's so good, he can trade and make money for himself. If he's not so good, he will try to monetize "signals".
Best is to learn from here and there and then trade by your knowledge - if you really can do that (since trading is not for everybody).

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January 18, 2022, 11:18:00 AM
 #3

I agree with the above. Signals are definitely something you should stay away from. The ones you usually find (especially the free ones) are most of the time for tokens that no one has ever heard of listed on shady exchanges.
If you really want to make a profit in the crypto world by investing, I would suggest you do your own research and find a project you really like with a rock-solid team. Throwing your money to trading and signaling bots is not going to get you anywhere I'm afraid.

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January 18, 2022, 03:29:41 PM
 #4

Because there are so many crypto signal providers now, it's hard for me to pick the right one. Many of these crypto trading signal providers have a good record of giving out good signals, but some are only in it for the money. This is what you need to know about these people. So, which is the best source of crypto trading signals, and which one should you use to make money?

It's surprising that your very first post goes here rather than introducing yourself first in the forum.

There is no "best" here, because whatever advice you will get, it's always been you who will be making the final decision. You know why? It's because no advice is perfect. No "expert" is perfect either.

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January 18, 2022, 05:26:10 PM
 #5

Rely on trading signals? is that how you started trading crypto just because you want to make money faster and instantly? do not want to learn and do not want to hone skills for self-interest in the future?
Believe that the trading signals you find are just a lure so that you are interested in the profits they provide and provide payments. Especially if the signal is free and accessible to everyone.

2022 still trust that kind of trading signal style? do you want to trade or want to gamble?

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January 18, 2022, 05:42:14 PM
 #6

Because there are so many crypto signal providers now, it's hard for me to pick the right one. Many of these crypto trading signal providers have a good record of giving out good signals, but some are only in it for the money. This is what you need to know about these people. So, which is the best source of crypto trading signals, and which one should you use to make money?
The best advice I was taught when I was a crypto newbie in 2017 is don't use margin.

And you know what? I ignored it. In fact, I did have good trades but with margin, if you let your account is liquidated 2 times, your capital will go away. With a trader or an investor, capital is vital and if you lose it, you are done your trading or investment business.

Do your signal group gives you any warning about risk of margin, leverage and guide you how to allocate your capital for margin trading? If they don't teach you about that risk management, it is a bad group. No matter what signals they give you.

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January 18, 2022, 05:51:03 PM
 #7

Because there are so many crypto signal providers now, it's hard for me to pick the right one. Many of these crypto trading signal providers have a good record of giving out good signals, but some are only in it for the money. This is what you need to know about these people.
They're correct about signal providers. They're more of a scam and those picks that they do, it's likely that you can do it on your own.

So, which is the best source of crypto trading signals, and which one should you use to make money?
It's still yourself, like a compilation of information that you do about the current market and how things are going with the current status of the market. Since you're aiming for the day trading, learn about the types of analysis and chart reading so that these signals won't fool you.

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January 18, 2022, 05:57:05 PM
 #8

Because there are so many crypto signal providers now, it's hard for me to pick the right one. Many of these crypto trading signal providers have a good record of giving out good signals, but some are only in it for the money. This is what you need to know about these people. So, which is the best source of crypto trading signals, and which one should you use to make money?

I would skip all of them. They are all scammers. Nobody can predict the future all the time. You are your own teacher. You can only learn by making mistakes. Start with small amounts and in time you'll get smarter. Some times you'll lose money and sometimes you'll make money but in the end the experience you got will be invaluable. You can't learn something like this from some one else.

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January 19, 2022, 03:34:29 AM
 #9

but some are only in it for the money.
Not some but all that gives a signal main focus is just for the money, never believe in it for paid or free signals.
Trading is not easy to need concentration and And those who have this service understand it is easier to get money from their subscriptions than from trading. Start by improving your knowledge and believing in self-analysis so you'll be able to survive from trading.

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January 19, 2022, 05:16:20 AM
 #10

Signals are SHIT, especially those that are paid! Even if you were able to find one for free, the entries given to you or other people do not guarantee that you will be able to trade them. In fact, the possibility of entering a trade after receiving the signals could indicate that you are entering late and the trade idea has already been completed or is currently taking place, making trade management difficult.

Trading isn't about knowing where to enter and exit the trades, there are lot of nuances that you need to consider before you can trade your idea/market. You don't even know if the person who is giving you that signal actually trades their idea.

What are you going to do after you have entered the trade? Are you going to wait and let the market shit on your pants? That's not how you do it. Learn to fish mate.

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Jawhead999
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January 19, 2022, 08:47:48 AM
 #11

When you trading based on signals, you're actually not trading with your own knowledge and skills... but you're just relying on unknown person. I'm not comfortable when trusting my money to other people, no one can verify those people actually good or bad person since you don't know him and you never meet him. I never use any signals, but I use some resources e.g. twitter, reddit, etc to looking for the newest news and rumor.
goldkingcoiner
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January 19, 2022, 08:53:50 AM
 #12

Don't trust others, especially people who claim they can offer you signals or courses on trading. Nobody knows the market and nobody can predict the future. The best way to trade in crypto is not to panic, sell or buy on emotions and consider all your trades long term investments. Everything else is just not worth your time and definitely not worth your money. That being said, the best place for information and news is here on bitcointalk and on coinmarketcap.

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pinggoki
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January 19, 2022, 09:05:03 AM
 #13

Short answer is no one is the best one and the one who tells you that they're the best one are lying about it. Signal providers are a waste of time, the only one that's making money in those groups are the people that was behind the signal and their inner circles so no, you are just wasting your time with those groups if you are in one or you are planning to join one.



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Rainbot
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yhiaali3
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January 19, 2022, 10:34:20 AM
 #14

Personally, I don't trust any of them anymore, I tried many of them and subscribed to paid telegram channels, but most of them were useless, they make predictions and most of them are inaccurate, they brag about some of the predictions they said and hit the target, but they don't talk about hundreds of wrong predictions that missed their goals And it caused a lot of losses to subscribers, I advise you to rely on yourself and if you like, you can try some of the free Telegram channels, but I never advise you to subscribe to paid channels.

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January 19, 2022, 11:00:55 AM
 #15

Your experiences are your best teacher, especially the failed experiences that contained the losses of those experiences, which will teach you to benefit from your mistakes in the future.

  • you will not gain anything, and everything you have earned will benefit quickly.
  • If you don't learn from your experiences, lose money and learn from your mistakes
  • No matter how good the signals you buy or the people who give you advice

developing your intuition using learning from mistakes and experience will be your best teacher.
davis196
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January 19, 2022, 11:54:32 AM
 #16

Paying for "trading signals" is a big mistake.
Perhaps you could find some legit trading signals groups where they share trading signals for free.
However,there's no guarantee that their signals are going to be profitable all the time.
If you are looking for tutorials,tips and tricks about how to trade crypto,there's plenty of free info available online,but remember that your best teacher are your own mistakes.No tutorial,ebook or online course
is going to make you the perfect cryptocurrency trader.

topbitcoin
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January 19, 2022, 02:35:09 PM
 #17

Because there are so many crypto signal providers now, it's hard for me to pick the right one. Many of these crypto trading signal providers have a good record of giving out good signals, but some are only in it for the money. This is what you need to know about these people. So, which is the best source of crypto trading signals, and which one should you use to make money?
I'm stay with a group of friends. To be honest mostly because i don't have capital to buy premium signal. But i think it is almost same, what they give usually only order, stop loss, etc but all not guarantee that we will always get profit. They will hide with "use money that we afford to lose" if their prediction is wrong and if they right, they will show it to attract new subscribers.

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palle11
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January 19, 2022, 04:37:26 PM
 #18

Because there are so many crypto signal providers now, it's hard for me to pick the right one. Many of these crypto trading signal providers have a good record of giving out good signals, but some are only in it for the money. This is what you need to know about these people. So, which is the best source of crypto trading signals, and which one should you use to make money?
I'm stay with a group of friends. To be honest mostly because i don't have capital to buy premium signal. But i think it is almost same, what they give usually only order, stop loss, etc but all not guarantee that we will always get profit. They will hide with "use money that we afford to lose" if their prediction is wrong and if they right, they will show it to attract new subscribers.

There is no benefit with paid group, free or premium package. What they do is not magic, they use there strategy to send you what they feel and collect the money from you. If you build a working strategy for your self then you won't need all those. Nobody knows the exactly direction for the market because it is just speculation and nothing more to it only the chart and techniques that is the difference. The market is the same but the strategy is different so building strategy with the market you don't bother with pay groups.
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January 19, 2022, 05:50:02 PM
 #19

So, which is the best source of crypto trading signals, and which one should you use to make money?

Most of those "signals" you can find are scam. Their main purpose is usually to get paid subscribers.
Just think a little: why would somebody share his knowledge? If he's so good, he can trade and make money for himself. If he's not so good, he will try to monetize "signals".
Best is to learn from here and there and then trade by your knowledge - if you really can do that (since trading is not for everybody).
People should realize this on the first place, if they are indeed making money on this market then they wouldnt really bother themselves on sharing up signals on just getting those peanut subs fees.

Nothing beats out if you do make yourself self learn on things specially on trading on which you wouldnt rely on something since you could able to handle yourself in the market.

All of resources you do need is could be seen or learned here on internet, it do only matters on how you do seek of them and made out some research or simply put some effort.
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January 19, 2022, 06:43:20 PM
 #20

...Many of these crypto trading signal providers have a good record of giving out good signals, but some are only in it for the money. ...

In fact, it would be more correct to say that all signal providers work solely for the sake of money. And regardless of whether you will be able to earn on such signals or you will lose your deposit, they will always remain with a profit. But if you were trading yourself using your skills, in any case, regardless of the result of trading, you would definitely gain experience.

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