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Author Topic: Need some advice  (Read 539 times)
fuguebtc
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September 17, 2022, 03:15:21 PM
 #21

I need some thoughts about this group I've joined a week a go. They are giving free signals for trading and I actually start earning since day 1. Are there really group like this? or Am I on the right trading group. We trade in Batex anf U-koala.

Yes, there are several such groups. They provide some pretty accurate signals for those new to their group. This is a very professional lure strategy, after a period of testing you will see the correct signals and bring you profits, they will start asking you if you want to join a more professional group with more profitable signals.

That's one of the ways signal groups work today. They are not in a hurry to ask you to pay at the beginning, but they will lead you slowly with the free bonuses offered to you at first. Always be careful with free stuff, if they don't make you pay to continue using it, then just use it for free, don't be too greedy lest you lose money. Spend a lot of time learning and improving knowledge for yourself, there is nothing better than doing it yourself than depending on others.

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September 17, 2022, 04:35:49 PM
 #22

I need some thoughts about this group I've joined a week a go. They are giving free signals for trading and I actually start earning since day 1. Are there really group like this? or Am I on the right trading group. We trade in Batex anf U-koala.

I don’t get it OP, what’s your actual concern is?
I mean you said that you are making profits from their calls, so why the hell are you worried ?
And on what thing you need to take advice? We can only advice you to not use excess money which you can’t bear if by any chance you make lose.
Moreover instead of trading at Batex and U-Koala, try trading at binance and Kucoin. These are the best and the trusted ones in the market.

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September 17, 2022, 05:20:22 PM
 #23


As long as you are not paying for it, then you should be fine. In most cases, trading groups are giving free signals then, later on, they will now ask you for a paid subscription for you to be kept in that group.

That is part of marketing strategy to get customers to patronize the group telegram and within few weeks you start seeing some changes like example they restrict some from getting the calls while those that paid will get the information. Telegram group has not been helpful because it is short lived, the free bonus opening does not last.
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September 17, 2022, 05:51:51 PM
 #24

Are there really group like this? or Am I on the right trading group.
Yes their are groups like that and lots of them, but my advice will also be don't trust does 100% with your assets, always be trading with what you can afford to loss because all predicted crypto don't always fall out to be same way.
I can remember a signal group which I was following earlier Feb/March which predicted we shouldn't buy btcst can't really recall the price it was then, that it will hit about 60-90% in the coming days. Bought about 300$ worth of it, which I later regretted.
Always be mindful of prediction no matter how true they should to be, do your own research and don't invest with more than what you can't afford to loss.

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September 17, 2022, 05:56:16 PM
 #25

It's definitely excellent if you learn something valuable and if it helps you make money because not all organizations are scams and frauds; some are actually helpful. I believe that if you have positive experiences from this group, then by all means move on. However, keep in mind that in the cryptocurrency world, there are times when the going gets tough, so try not to allow other people's advice or opinions cause you to lose all of your gains at once. Perform your own experiments before moving forward.

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September 17, 2022, 06:40:57 PM
 #26


As long as you are not paying for it, then you should be fine. In most cases, trading groups are giving free signals then, later on, they will now ask you for a paid subscription for you to be kept in that group.

That is part of marketing strategy to get customers to patronize the group telegram and within few weeks you start seeing some changes like example they restrict some from getting the calls while those that paid will get the information. Telegram group has not been helpful because it is short lived, the free bonus opening does not last.

can be said it is just a trial version and not completely free. But do we have to believe in all these free signals. This is a risk that will be felt in the end. indeed at first they will be given a stable profit, but signal manipulation will be given to trap them as free members, so that the signal owner will benefit because of the purchasing power of the coin that the brand instructed first. It's not a good suggestion to join such a free telegram signal group without any independent analysis done. Do not be easy to trap and take advantage of, because in the end it will be detrimental.

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September 17, 2022, 07:36:25 PM
 #27

I need some thoughts about this group I've joined a week a go. They are giving free signals for trading and I actually start earning since day 1. Are there really group like this? or Am I on the right trading group. We trade in Batex anf U-koala.
^ If you really earn profit then, that is good for you, and remember always not to become greedy because it looks like a scam to me and you are already at the mouth of the trap, once you bite the trap you will likely lose your money on that exchange which is in fact, I never heard that two name of the exchange. People must remember that there is no kind of group, it could be coincidence or whatsoever but I think no one can predict the market and give a free signal in trading. For now, my advice is, to grab the opportunity while you are earning and prepare for the possible massive lose.
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September 17, 2022, 10:13:53 PM
 #28

I need some thoughts about this group I've joined a week a go. They are giving free signals for trading and I actually start earning since day 1. Are there really group like this? or Am I on the right trading group. We trade in Batex anf U-koala.
Yes there are many such groups. But I have not seen any of them which is free. They might give a couple of demo signals but eventually they will charge up the money in which they are correct as well. But the results of these signal groups really aren't that good the trades they give only look profitable in their order books practically you will be stopped out even before you hit your target also many times you will get the signal after he has bought so price would have moved slightly eventually affecting the Risk to Reward Ratio of the whole Trade.
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September 17, 2022, 11:15:49 PM
 #29

If this is all. About free signals and free lesson to them and make a good help profit with you, there's nothing wrong with it because the main goal is to let you learn more and makes their member knowledgeable in trading, but if there are some fees, I guess not worth it to deal with payment still your risk if you want. Can you share more information or signals they gave you so we can check it too?

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September 17, 2022, 11:34:07 PM
 #30

You're really unlikely to earn money unless you figure out a strategy to outplay the pump and dumpers. In the first place, no one in the right mind would give out free information if he/she is actually good at his/her craft.

Chances are, it's probably just a typical pump and dump group(or a trading group that would soon ask you for "premium" membership), and that you've lucked out a few times.
This might be another type of scam in the end so just stay away from it before you lose your money. In trading, what we need are strategies and skills so we can end up making successful trades and become profitable. Now, if you keep on asking for free trading signals, that won’t help you to be a good trader in the making. Instead, it will only give you more possible reasons that you might be easily get scammed or you won’t be seeing yourself growing in this kind of trading industry.

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September 18, 2022, 09:42:05 AM
 #31

You are making money now and you are happy, you think that will continue? Don't worry whenever you start losing money you will stop depending on crypto signals, if you want to stay long in crypto space then you should learn how to do your research yourself and find out the appropriate coin to buy, when to buy and when to sell. If you keep on depending on crypto signals then you won't stay long, am sure most of those coins you are trading are pump and dump coins, which should be avoided. You can lose all your money in those coins within few seconds.

We trade in Batex anf U-koala
Why did they decide to use this two exchange you listed above? Why don't they decide to use a reputable exchange like binance and kucoin, have not heard about those exchange which you listed above, you are at the risk of losing your fund's in the exchange. My advise for you is that you should avoid trading signals and I think it will be better for you to withdraw all your funds from those two exchange and deposit them on a Reputable exchange so that you can start trading properly.

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September 18, 2022, 04:16:39 PM
 #32

How long have you been on this group and are your earnings consistent? That would be great if it is. Yes there are really groups who are like that which are free but many of them don't give accurate signals because they are only free anyway so why would they try hard only for the sake of others?

But, they may ask some donations and you can donate some amounts as long as the prediction that they gave made you earn.

You are on the right group and I don't see any problem but what is this Batex anf U-koala, is that the name of the group? I check it out and there are two groups actually, one is batex and the other is U-koala. The "anf" there isn't included in the name but it's only a typo of "and".

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September 18, 2022, 10:39:02 PM
 #33

There really are group like that.

And you know what's their main concern, is to make money through you guys, the members.

They have a lot of network to do it and that's why they are never gone because they keep on making new every time the former is busted out.

So, after first making you money like a couple of bucks. They'll close that signal and then will become paid and that's how lucky you are to earn from their first tips and then making money from you through membership fee.

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September 18, 2022, 10:50:07 PM
 #34

~snipped~
Yes, they are actually the one who choose on which exchanges we will trade. In addition to that, I noticed that all coins they were asking us to buy/sell are not presence in other known platforms like Binance.
I believe by now you would've realized it's a typical Pump and Dump group and you should understand the implication of what you're setting yourself up for. Bump and Dump groups are like that. They dictate what cryptos you buy and on what exchange. Even when sometimes the crypto in question is listed on more than one exchange, the P&D group is likely to point out it should be traded on a particular exchange. Another thing is that the owner(s) of that group is(are) more likely to load up any crypto they're making calls on first before making it public. That way they secure themselves first and stand at less risk. In all this, those who follow such group are the pawns.

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September 18, 2022, 11:23:13 PM
 #35

I need some thoughts about this group I've joined a week a go. They are giving free signals for trading and I actually start earning since day 1. Are there really group like this?
They are. The intentions behind this yet still unknown, but if they are just building up the communities only and then that's a good group to join in. But again, if you can earn something from it then just use it while you can. I'd recommend to just recheck everything that signal gives to you, you might lose something in the future run because there will be some false signals because of bubble or crash in unexpected way. Better watch out on that.

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September 18, 2022, 11:29:34 PM
 #36

We trade in Batex anf U-koala.

You mentioned 2 exchanges I've never heard of, did the signal channel owner just point you to that exchanges? If so, try withdrawing your funds to ensure that you areb't being fooled. Beware of something free.
I have never heard of that exchange before but I think if he is able to withdraw his fund then that is fine. The main aim of trading  is to keep making profits and if op is making a consistent profits on the exchange then that is fine and I think he should keep trading but just like you have written, he should try making some withdrawal to check of the exchange will credit his withdrawal. I know there are so many exchanges that are still growing that are not known to the general market yet. I hope he is going to get paid of his winning trying to make some withdrawal.

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September 19, 2022, 01:22:32 AM
 #37

I need some thoughts about this group I've joined a week a go. They are giving free signals for trading and I actually start earning since day 1. Are there really group like this? or Am I on the right trading group. We trade in Batex anf U-koala.
You're just being lucky and nothing more, since you have earned money without losing any you're wondering if you finally found the right group for you, but you're forgetting that such a group has probably been around for a long time and you don't know the results of all of those that came before you, so I think you need to be incredibly careful as the chances your winning streak continues for a long time aren't really that high if you ask me, and it isn't going to take long for you to begin to lose money at an alarming rate.



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September 19, 2022, 04:31:24 AM
 #38

I need some thoughts about this group I've joined a week a go. They are giving free signals for trading and I actually start earning since day 1. Are there really group like this? or Am I on the right trading group. We trade in Batex anf U-koala.
You're just being lucky and nothing more, since you have earned money without losing any you're wondering if you finally found the right group for you,
(....)
There are a lot of groups like these, they are totally free and not greedy.
I already experienced this kind of group but later on, they start to become not free, if you want to stay, you need to pay.

My advice to OP is don't really feel comfortable here, you must also learn by yourself or learn from them because it will help you forever as this group could stay temporary and not stay forever but having knowledge of how to trade without relying on other people is a big win.

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September 19, 2022, 04:33:11 AM
 #39

We trade in Batex anf U-koala.

You mentioned 2 exchanges I've never heard of, did the signal channel owner just point you to that exchanges? If so, try withdrawing your funds to ensure that you areb't being fooled. Beware of something free.
I have never heard of that exchange before but I think if he is able to withdraw his fund then that is fine. The main aim of trading  is to keep making profits and if op is making a consistent profits on the exchange then that is fine and I think he should keep trading but just like you have written, he should try making some withdrawal to check of the exchange will credit his withdrawal. I know there are so many exchanges that are still growing that are not known to the general market yet. I hope he is going to get paid of his winning trying to make some withdrawal.


It could be local exchanges, so sometimes it is difficult to tell as they aren't as popular as top exchanges like Binance or FTX. Nowadays, new exchanges are created many, many derivative exchanges that we are not aware of but they are not scams. They have different marketing methods, new exchanges will look to groups with a large number of members and cooperation. It's the team admin's job to verify it's a legit, usable exchange and that they'll be trading on it. they will earn money through referral campaign. In addition to providing signals to team members, they can also earn through referral campaigns. Maybe OP is joining one of these groups: they don't charge to join, but you have to sign up under their link. It's generally still risky to join groups like these.

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September 19, 2022, 12:44:26 PM
 #40

I need some thoughts about this group I've joined a week a go. They are giving free signals for trading and I actually start earning since day 1. Are there really group like this? or Am I on the right trading group. We trade in Batex anf U-koala.
They just want you to trust them and make more capital to put on but never think it was sustainable and they will help you forever for you might be surprised that one day, all of your money will gone because of following their (wrong) signals. If I were you, never fully trust these groups, as they don't have the intention to help you to continue earning profit from them instead, all they need is for you to get into their trap and make money from you.
Instead of following these signal groups, better find a way to learn actually trading as this will give you more.

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