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Author Topic: We should be careful about fake Telegram and WhatsApp trading signal providers.  (Read 101 times)
Cyber_warrior (OP)
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March 30, 2023, 02:38:11 PM
Merited by Humblevirus (2)
 #1

The market is gradually turning green as the price of bitcoin is rising. I noticed that I've been added to a few Telegram groups that are offering trading signals, but I think we should all be careful to avoid falling for any of these scams. Now that the market is turning green, even newcomers to cryptocurrency will start providing trading signals even when majority of them don't even understand cryptocurrency.
Some will even demand for payment before you are even added to their group. I know that many newcomers to cryptocurrency in Nigeria don’t have knowledge about bitcoin and cryptocurrency in general they are merely after money and thats why they always end up searching for trading signals. We should all avoid individuals who provide trading signals because, from what I've seen, they frequently use that strategy to scam people.

If you want to trade, make sure you learn how to conduct analysis and perfect your trading strategy.
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March 30, 2023, 03:26:54 PM
Last edit: March 30, 2023, 03:38:07 PM by MeCsc
Merited by CryptopreneurBrainboss (1)
 #2

If you want to focus on Trading, try to make time and effort to learn,back test and see if you can create your own trading strategy because even if you get a good trading signal, it will pay but your growth will be stagnated and you will continue be dependent on someone else, paying and still making less.
There is a post about training books on trading on this Forum :
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Here, in addition to general information on trading, there are also training materials on technical analysis, day trading, arbitrage, Elliott waves, algo trading, Fibonacci levels, Bollinger Band, etc. In general, there is something to start with developing your understanding of the market.

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March 31, 2023, 08:01:48 PM
 #3

The market is gradually turning green as the price of bitcoin is rising. I noticed that I've been added to a few Telegram groups that are offering trading signals, but I think we should all be careful to avoid falling for any of these scams. Now that the market is turning green, even newcomers to cryptocurrency will start providing trading signals even when majority of them don't even understand cryptocurrency.
When price of Bitcoin begin de rise go up, every body go de form professional for trading and dem go begin de share fake trading tips for some Telegram groups wey dem purposely create to get victims wey fall for their traps; some of dem self no get any knowledge about trading, but as d normal way na, dem go de form expert just to catch new people wey no get knowledge about trading.


Quote
Some will even demand for payment before you are even added to their group. I know that many newcomers to cryptocurrency in Nigeria don’t have knowledge about bitcoin and cryptocurrency in general they are merely after money and thats why they always end up searching for trading signals. We should all avoid individuals who provide trading signals because, from what I've seen, they frequently use that strategy to scam people.

If you want to trade, make sure you learn how to conduct analysis and perfect your trading strategy.
As far as dis forum is concerned, I de sure say most of us wey de here de aware of all dis telegram scams, na why I no  de ever recommend person to learn anything for Telegram because I know say na there be scammers house, so for new commers wey no de aware of such scams, make una de careful because dem no de trust people for crypto trading.

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March 31, 2023, 09:12:35 PM
 #4

Some will even demand for payment before you are even added to their group. I know that many newcomers to cryptocurrency in Nigeria don’t have knowledge about bitcoin and cryptocurrency in general they are merely after money and thats why they always end up searching for trading signals. We should all avoid individuals who provide trading signals because, from what I've seen, they frequently use that strategy to scam people.

If you want to trade, make sure you learn how to conduct analysis and perfect your trading strategy.
As far as dis forum is concerned, I de sure say most of us wey de here de aware of all dis telegram scams, na why I no  de ever recommend person to learn anything for Telegram because I know say na there be scammers house, so for new commers wey no de aware of such scams, make una de careful because dem no de trust people for crypto trading.

When I first join dis forum na dis matter been dey ground sef that time. People just dey complain of them dey scam dem for telegram and mostly na newbies sha. I dey lucky say I get the correct information for here if not I for don easily fall for such too when I first join the forum. No matter how hasty we dey to make money or do trading, make we try dey confirm wetin we wan do and not to fall for scammers. As for Telegram, i no advise anybody to go trade or do anything there, to me they’re all scammers.

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March 31, 2023, 09:47:01 PM
 #5

As a trader or individual you don't need any signal to start your trading journey rather if you want to start trading on bitcoin you should learn to study the bitcoin market and it's past histories for you to be able to trade bitcoin to know whenever bitcoin price seems not to be pleasant to you again as a trader then you could make an adjustment to understand where to sets your targets.

Bull is very bad for someone to join trading signals, I was once on a trading group but whenever I noticed they aren't giving the right information I keep bleeding asking myself what I m still doing on that group. But today I have learned very much better to understand the market than before. Lastly we must learn to have patients if you must to trade and learn all principles in trading.

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April 01, 2023, 02:21:01 PM
 #6

Patients is what really matters in life especially in trading, you don't just jump into trading when you don't understand the market and have no knowledge of bitcoin past histories. Learning the market and having your own trading strategy will be the best for you to excel in trading.

Take note my trading strategy might be different from yours and if you try to use my own trading strategy, you might run at lost. As for trading tips from telegram is a big scam because I don't think they even understand the market properly but they will come up with stories about trading just to scam you on your hard earned money. So be wise and don't believe most things people tell your about crypto trading because you don't know if it is for real. Learn on your own and understand what you are going into how it works for you not to run at lost.

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April 02, 2023, 12:39:21 PM
 #7

The worst thing to do is agree to what those chart makers tell you on telegram; it's all a scam. I don't know how they managed to scam a friend out of $500. First, he agreed to pay $100 as a trading fee; afterwards, he was referred to create an account with a fake exchange, which I suspect is the exchange of those scammers; he deposited at the address of that exchange and couldn't open the site again after that. People should just be careful when engaging in different crypto trading platforms; scams are in almost every aspect of the crypto space. There are a lot of trading tips on YouTube, and in this forum, a person who is eager to learn about trading can create a thread and ask any questions about their concerns, or ask questions in an existing thread that are related to the same question they have in mind on the Trading Discussion board

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