Better to have a trading knowledge than depending on signals.

[shivansps]

That was bold and clear to understand OP. I know signals could help but not to the point of relying on them because they are just good at first but in the long, it was not helpful anymore and the people who got involved with this will benefit the most while the trader will get losses and less knowledge.
 - if we want to improve and succeed in trading, therefore, we have to stay away from these signals instead, do it on our own. Because it was easy to do TA when we have knowledge of the market and most especially in trading where profit can be unlimited. Unlike in the situation where we just rely on others' ideas and our future relies on them as well. If they fail, we fail the same.

I agree with you. Often, people use successful signal advertising to attract new customers and advertise successful trades, keeping silent about unsuccessful ones.
Of course, we can use these signals, especially when there are explanations for these signals and we agree with this. It's better than blindly following someone without understanding what's going on. I'd like to say that there is a difference when you follow the signals without understanding trading or when you already have experience

[sulendra12]

It's always better searching by yourself instead of relying on signals. Sure  you may get something from the signs if you are quick enough but what would you if you would lose consistently because of signals? Do you search for another trading signals group, so you can get better return? There is little to zero knowledge you could get by just following the signals, that's why it's better you do it by yourself and sometimes it's okay to use signals as a subject to analyze before doing any trades based on that signals.

It would be better to lose small partial of your affordable money as a treat to have better understanding and knowledge about the trading so you know what to do and what you should not. Failure is a part of experience and trading is also one of that, it's really difficult at first because of so many things to do but with effort you can actually do it even though the profit depends on the market and your ability. Trading by yourself is not for everyone but most of the people jumps into cryptocurrency because they want to make more money hence why trading is the most popular one among the other sources.

[Jocuserious]

If you are a smart traders then you Shouldn’t buy trading signal service. Every success hand of learning so that's why we should Learn more for increase our knowledge. If you have lot of experience about how manage trade then no need back look and keep your work continue and make profits everyday.

[michellee]

If you are a smart traders then you Shouldn’t buy trading signal service. Every success hand of learning so that's why we should Learn more for increase our knowledge. If you have lot of experience about how manage trade then no need back look and keep your work continue and make profits everyday.

Even if he is not a smart trader, he doesn't need to buy a trading signal service and better learn to analyze the trades. He doesn't need to depend on other people because he doesn't know whether he can use his signal well or whether he will lose because of it.

He can determine when to enter and exit the market and what coins he buys by having good analytical skills from learning outcomes. And with that analytical ability, he can also benefit and even though the market is at a disadvantage, he can still find coins that can give him profit.

The trading signals are also not always valid because of the many signals, he also has to keep analyzing them before doing anything. So like it or not, he still has to learn to analyze to improve his abilities.

[ShowOff]

If you are a smart traders then you Shouldn’t buy trading signal service. Every success hand of learning so that's why we should Learn more for increase our knowledge. If you have lot of experience about how manage trade then no need back look and keep your work continue and make profits everyday.

Trading signals may be considered only to strengthen personal analysis, but when depending on these trading signals, of course, interest in conducting personal analysis tends to decrease.

I have been offered to join a paid trading signal group where the fee is still quite reasonable, but I don't feel interested in trading this way. If I have to trade, then I must be the first to make the decision over depending on others. Self-sufficiency in trading can enhance trading skills and experience, so ignore trading signals and start doing it on your own.

[usekevin]

Most of the experience trader will not use the signals to trading.Some new people search for the signals and get into the web.Instead of wasting your time and money in signals,inverse your time in trading analysis.Then create your own trading strategy and signal,So use that signal to earn a good profit from it.After you start to get profit,repeat the steps to earn more from it.

[savetheFORUM]

That was bold and clear to understand OP. I know signals could help but not to the point of relying on them because they are just good at first but in the long, it was not helpful anymore and the people who got involved with this will benefit the most while the trader will get losses and less knowledge.
 - if we want to improve and succeed in trading, therefore, we have to stay away from these signals instead, do it on our own. Because it was easy to do TA when we have knowledge of the market and most especially in trading where profit can be unlimited. Unlike in the situation where we just rely on others' ideas and our future relies on them as well. If they fail, we fail the same.

I agree with you. Often, people use successful signal advertising to attract new customers and advertise successful trades, keeping silent about unsuccessful ones.
Of course, we can use these signals, especially when there are explanations for these signals and we agree with this. It's better than blindly following someone without understanding what's going on. I'd like to say that there is a difference when you follow the signals without understanding trading or when you already have experience

I don't think it's too difficult to learn trading and reading charts, anyone with the ability to understand technological terms and reading charts can be able to learn how to trade cryptocurrencies or how to use indicators to get a general prediction about the price movements of certain cryptocurrencies, so it's definitely better to do that instead of following someone else's signal by paying them money for that.

It is your money and you should be the one utilizing it for trading, whether you get profit or face losses, you will be the one to be blamed for that and believe me, it never feels the same when you have a loss because of yourself and when you face a loss because of someone else.

[BD Crypto]

As a trader that relies on buying signals, how confident are you about the continuous availability of those signals. Would they always be accurate and dependable?  Heavily depending on signals is parallel to same thing as someone else trading for you with your money. How ironical!

I saw a several channels who are providing trading signals but I realized most of them are just promoting to join for VIP group. If they are a good trader why they are selling signals to earn money?

Even if you join VIP Group their is no assurance that you will make continues profits. If I say about myself, In past I also followed trading Signals and my most of the trades was unsuccessful because their analysis wasn't up to the mark.
Most of the trading signal providers always provide signals by following the market trend. But they ignore BullTrap, Market manipulation and others. Not all of them but some are providing good signals and you have to know that it's impossible to provide successful signals continuously. So it's a must to learn about chart analysis and trading analysis for the best result in trading and don't depend of others signals.

[Aanuoluwatofunmi]

If you are a smart traders then you Shouldn’t buy trading signal service. Every success hand of learning so that's why we should Learn more for increase our knowledge. If you have lot of experience about how manage trade then no need back look and keep your work continue and make profits everyday.

I don't see a reason why they should buy a trading signal service if they are really food at trading, some have been thinking of the using of trading bot to me more effective than the normal way of trading through personal experience but yet they have nothing much different from what others are also having through their personal experience, some steps taken in this were just nothing but a waste of money.

[Hypnosis00]

If you are a smart traders then you Shouldn’t buy trading signal service. Every success hand of learning so that's why we should Learn more for increase our knowledge. If you have lot of experience about how manage trade then no need back look and keep your work continue and make profits everyday.

I don't see a reason why they should buy a trading signal service if they are really food at trading, some have been thinking of the using of trading bot to me more effective than the normal way of trading through personal experience but yet they have nothing much different from what others are also having through their personal experience, some steps taken in this were just nothing but a waste of money.

Having these tools will help us learn about trading but we should stop thinking that this will lead us to success. Because what I notice is that those traders who succeed had carried themselves alone, not by relying on others' ideas like signals and trading bots. It was their own strategies, hard work, and patience. But why some are preferred to get used to these signal groups and bots - because they want instant success and are too impatient? And sad to say that they had fail and most of them are leaving crypto.

[shivansps]

That was bold and clear to understand OP. I know signals could help but not to the point of relying on them because they are just good at first but in the long, it was not helpful anymore and the people who got involved with this will benefit the most while the trader will get losses and less knowledge.
 - if we want to improve and succeed in trading, therefore, we have to stay away from these signals instead, do it on our own. Because it was easy to do TA when we have knowledge of the market and most especially in trading where profit can be unlimited. Unlike in the situation where we just rely on others' ideas and our future relies on them as well. If they fail, we fail the same.

I agree with you. Often, people use successful signal advertising to attract new customers and advertise successful trades, keeping silent about unsuccessful ones.
Of course, we can use these signals, especially when there are explanations for these signals and we agree with this. It's better than blindly following someone without understanding what's going on. I'd like to say that there is a difference when you follow the signals without understanding trading or when you already have experience

I don't think it's too difficult to learn trading and reading charts, anyone with the ability to understand technological terms and reading charts can be able to learn how to trade cryptocurrencies or how to use indicators to get a general prediction about the price movements of certain cryptocurrencies, so it's definitely better to do that instead of following someone else's signal by paying them money for that.

It is your money and you should be the one utilizing it for trading, whether you get profit or face losses, you will be the one to be blamed for that and believe me, it never feels the same when you have a loss because of yourself and when you face a loss because of someone else.

I understand you perfectly. Losing money because of yourself is not the same thing as losing money by trusting someone. I repeat that there are different signals, from different people, but no one can give you any guarantees. And if someone gives you guarantees, then this is a sign not to mess with him.
So if it would be easy to learn how to trade (!!!!) and read charts there, then everyone would have become rich a long time ago, but this is impossible, if someone has earned money in the market, then someone else has lost it. Probably it's not only about graphics, numbers, and several books and crypto-tutorials

[Findingnemo]

As a trader that relies on buying signals, how confident are you about the continuous availability of those signals. Would they always be accurate and dependable?  Heavily depending on signals is parallel to same thing as someone else trading for you with your money. How ironical!
.

Paid signals are nothing but manipulation and scam so never rely on that even if someone offers the service for free cause it's impossible for anyone to predict the future and anyone will common sense can get that. Instead of buying signals paying attention to enhance our trading skills like analysis, finding the right strategy, looking for price difference on exchanges, etc can make some actual money for yourself.

[Patrol69]

God has given equal knowledge to all. If everyone is created with equal knowledge then why should we rely on other's signals. Why can't we trust our talent? Why can't we experience from the person whose signal we follow? We have to try. Mount Everest can be conquered if you try. 

Many of us have enough knowledge about trading but we can't apply our knowledge in trading just because we don't believe in ourselves. When we go into trading ourselves, we think maybe it will be better to take someone else's signal and he might have better understanding of the market than me and then create a signal. It is completely wrong idea in our mind. First we have to believe in ourselves. Only by believing in ourselves can we refrain from relying on others.

[bitgolden]

That was bold and clear to understand OP. I know signals could help but not to the point of relying on them because they are just good at first but in the long, it was not helpful anymore and the people who got involved with this will benefit the most while the trader will get losses and less knowledge.
 - if we want to improve and succeed in trading, therefore, we have to stay away from these signals instead, do it on our own. Because it was easy to do TA when we have knowledge of the market and most especially in trading where profit can be unlimited. Unlike in the situation where we just rely on others' ideas and our future relies on them as well. If they fail, we fail the same.

I agree with you. Often, people use successful signal advertising to attract new customers and advertise successful trades, keeping silent about unsuccessful ones.
Of course, we can use these signals, especially when there are explanations for these signals and we agree with this. It's better than blindly following someone without understanding what's going on. I'd like to say that there is a difference when you follow the signals without understanding trading or when you already have experience

Signals are basically a way of making money for the people who give them, and that's the biggest trouble. Most people trust these signal givers and pay them money, and those people who share signals do not even have to trade, they just share the signals and get paid for it. They could be super wealthy today and not need something like that if they actually made money.

Think about it, they are getting paid a lot of money most of the time or at least they want to be, and if they are actually good at what they do, after first few thousands, use that to become a millionaire, if you can't then you shouldn't expect anyone else to be neither.

[Fivestar4everMVP]

The fact fact remains that most traders will always opt to buying of signal, it's mainly due to laziness though, trading requires time and effort, you wake up in the morning, you don't just jump into the market and start buying and selling coins, you first of all have to watch the market, look at the news, analyze and compare patterns, plus a host of others vices to make sure that you make the best decision of what to buy or sell and at what moment.

Many traders don't have the time for all that ive mentioned above, most especially those who have a major work they are doing aside trading, those who trade as a side hustle, this type of traders clearly would never have the time required to trade on their own without help from other traders, and this is where they feel need to buy signals from those who they presume to be professionals - not trying to justify buying of signals though, but this is the reality.

[Dr.Bitcoin_Strange]

Those that depend on trading signals will lose a lot of money on crypto trading unless they have some basic knowledge and skills already and only want to try out how accurate other strategies that are advertised out there. But for someone who is new to trading and only wants to rely on paying for signals, it's likely to result in a lot of losses because you might not even know if the signal you get is correct or wrong. And the facts here are that most of those signals that are being advertised online are just scams trying to rip traders off their money, meaning they are not going to make any profit out of those trades. I will just advise traders to endeavor to learn how to trade by themselves rather than just relaying on signals online; perhaps you don't even know how professional the person giving those signals is.



Cheers 🥂, Dr.Bitcoin_Strange 👺👺

[Hamphser]

That was bold and clear to understand OP. I know signals could help but not to the point of relying on them because they are just good at first but in the long, it was not helpful anymore and the people who got involved with this will benefit the most while the trader will get losses and less knowledge.
 - if we want to improve and succeed in trading, therefore, we have to stay away from these signals instead, do it on our own. Because it was easy to do TA when we have knowledge of the market and most especially in trading where profit can be unlimited. Unlike in the situation where we just rely on others' ideas and our future relies on them as well. If they fail, we fail the same.

I agree with you. Often, people use successful signal advertising to attract new customers and advertise successful trades, keeping silent about unsuccessful ones.
Of course, we can use these signals, especially when there are explanations for these signals and we agree with this. It's better than blindly following someone without understanding what's going on. I'd like to say that there is a difference when you follow the signals without understanding trading or when you already have experience

Signals are basically a way of making money for the people who give them, and that's the biggest trouble. Most people trust these signal givers and pay them money, and those people who share signals do not even have to trade, they just share the signals and get paid for it. They could be super wealthy today and not need something like that if they actually made money.

Think about it, they are getting paid a lot of money most of the time or at least they want to be, and if they are actually good at what they do, after first few thousands, use that to become a millionaire, if you can't then you shouldn't expect anyone else to be neither.

Having on that sense that if they are really that a good trader then they wouldnt really be minding or wasting up their time on letting others be their followers and paying up some commision or some fee just for those

signals and with that alone then you could assume out that they arent really that good eh?  . Even myself if i would really be reaching into a point on which im a profitable trader then i wont really be bothering
myself on having that kind of spending of my time on handling or letting other trader who would really be following me. If its free then its not bad for a beginner to make some considerable peek up with those trading analysis or styles on which you could copy on but you should really be wise on learning out of those steps because not all the time those traders would really be there forever.
Its impossible that you cant really be able to formulate for yourself about on those trading strategies on a specific period of time.

It all matters about your mindset and perseverance of learning trading because if you do lack of this then you wouldn't really be seeing any progress into your career.

[justdimin]

I'd prefer it that way. I respect those who think they are making profits out of buying signals, it might be doing good for them. But I know a lot more people that are scammed this way.
So why not just learn it instead of asking what to do next? You save some money and maybe a headache. Leaning on something or someone else will not do us any good in the long run. What if they are suddenly gone? What weapon do we have afterward?
It's not like we are losing every day in trading, we fall then we learn. The experience will always be new. That's my point of view on how to do things when I realized that crypto trading is not something that is idle. It will keep on moving, upgrading, and changing, so we just have to adapt to it.
Having someone telling you what to do next is not adapting, it's called relying. There will be a point in our life where we cannot rely on anyone anymore.

I agree, people who are learning something all by themselves is a better thing and should be considered a big deal, I personally would love that to happen as well as hoped for and should be considered a good job. I know people are not approaching this subject like it would make sense, but that is the reality and if we want it to make sense then we need to make sure that we are at a good level and can do as well as hoped for without relying on anyone.

I think it would be very important considering how it is not that easy to make that much profit. Realize that you need to learn yourself, and not rely on anyone is the number one thing anyone should do, that's the trick of it, everyone would do a lot better that way, and should be considering it a lot easier to handle.

[irhact]

Those that depend on trading signals will lose a lot of money on crypto trading unless they have some basic knowledge and skills already and only want to try out how accurate other strategies that are advertised out there. But for someone who is new to trading and only wants to rely on paying for signals, it's likely to result in a lot of losses because you might not even know if the signal you get is correct or wrong. And the facts here are that most of those signals that are being advertised online are just scams trying to rip traders off their money,

Trading signals are for only individuals that just want to make money from the market without gathering any knowledge they'll need for future trades. We have those that have made millions from copying other traders but this individual aren't real traders. They don't gain any experience or knowledge but are still making money. It's very rare to have a legit source to rely on their trading signals as most of the ad you see online are scams.

If you want to be a profession trader you have to ignore those signals groups or those pump and dump groups as they're of no benefit to you. You might make money but what happens when that channel is no longer functioning, you stop making money and can't trade yourself.

[wtsimis]

Having trading knowledge is much more beneficial than relying only on trading signals. Maybe you entered a trading signal with some money or some signals worked for you but it doesn't give you any knowledge about trading. A sudden failure of this signal can lead to serious loss of your assets. To become a professional trader you must acquire crypto knowledge. Trading signals are often generated by third-party services. You can analyze the market yourself by knowing the trading principles, market dynamics analysis techniques etc. well and then come to investment decision. One must strive to make investment decisions based on one's own skills and gain one's own confidence and valuable skills.