Better to have a trading knowledge than depending on signals.

[Dr.Bitcoin_Strange]

So far, I haven't encountered a really legit trading signal group that everyone talks about.
Let alone those paid trading signal groups. Most of them will exhaust your funds and you won't get anything from it.
Learn the basics, slowly acquire some tricks because experience will give you those tips.
Because even if someone is suggesting you to do such route, you won't understand up until you apply it in your trading activities.
Better be slow rather than in a hurry. You will incur big losses if you will not equip yourself on this market.

Although a few people have testified that they were able to make some profit through those signal and copy trades, I know it still doesn't put away the fact that a lot of those copy trades or signals that are sold are scams. If it were those days when I was really active in trading and on Telegram, I would get some DMs from most of those guys, requesting that I join their Telegram group so I could get free signals, but trust me, all those signals were bullshit. Even on YouTube these days, there are quite a lot of fake videos that will still refer you to a link to their course or signal group.

[omgitsmehehe]

Buying trading signals can be good and a lot helpful if you come up with the right providers. Otherwise, you are wasting your own money relying from those paid signals that are no longer effective. This is why having trading education is the best key to achieve success and profitability in trading. You need to mold the knowledge within yourself and hone every skill that a trader needs. That way, even if the market suddenly crash, at least you know how to back up your trades and still end up successfully.

Crypto signals are only important in cases were the trader or investor have no single time to create out to understand how the market operates, we all have what's keep us busy, always ready to aim higher on every level. Paying for signals is another way of paying for irrelevant services, bitcoin is the only project that seems to be prominent in the space accompany by Ethereum and other promising altccoins. Knowledge is power, and possessing one would mean mean diverting from the path of broke or struggles, rather focusing on the path to financial freedom.

[slaman29]

First of all, better to say what I've always said before, even before crypto, even when forex was new. Signals are not guarantee of profit. They CAN be useful if used together with strategy as a sort of alert to follow your strategy anyway.

Same thing for gambling, people sell all kinds of arbitrage tips and signals (like trading but with odds) and you won't make money if you blindly follow them.

Knowledge and strategies are certainly very useful in trading, as a trader can never be profitable if he only trade like gambling knowing nothing. Just like trading which greatly depends on signals, it can be profitable at some point especially if you are also knowledgeable and strategic at the same time, but trading relying on signals alone can never guarantee successful trading. The reason why a trader must be knowledgeable and skillful at first because that is a must when trading, otherwise we cannot expect trading to end up based on what we planned.

Half of your statement is repetitive but anyway, I have to sort of disagree with traders never being profitable if they gamble. A lot of traders gamble and became profitably in the bull run of 2017. That's why they thought they were good at it. They thought strategies worked, gambles work. But most people make money in a bull run, problem is not knowing when to stop and not understanding that they got lucky.

I think trading for commissions is the only true profit

[Finestream]

As a significant trader, one should always aim to improve his trading knowledge and skills because these are the best keys so you will be capable to trade successfully. Otherwise, if you keep relying on paid signals that you’re not even sure if those were actually made by professional traders, then you will only trade gambling your own money while seeing most of your trades losing. That’s why stay away from buying trading signals as they can never be trustworthy in the long run. It’s always your asset and skills as a trader that will make your forever profitable in your chosen career. While trading is very profitable but only for those who gained adequate knowledge and experience in the market that let them win their trades over an uncertain market.

[tvplus006]

...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!..

As a rule, buyers of signals are beginners who lack trading skills and knowledge about how the cryptocurrency market works. And after a while, when they acquire the necessary knowledge, they refuse such signals, because they understand that he can independently determine the level of buying/selling.

[Slow death]

there are people that it is very difficult to understand their way of thinking, how is it possible for a person to take their money that they got with a lot of effort and keep trading based on the signal provided by someone unknown, this is a great absurdity, and if that person that you provide these signs disappear how is the person who is depending on him? these people are left without a signal and are desperate, and that is if the signs that were given to them had any result because the truth is that they are not something reliable, it is not something certain.

just think if people are so good at predicting the price why are they creating signal groups and charging for subscription? Wouldn't it be easier for those people who charge for signals to take their money and trade without telling anyone? in my country and I need to have a license to be a financial advisor, but even so I have seen people from my country providing forex trading signals even though they are people without a license, I keep asking myself why the hell do people from my country fall for this kind of scam , they are following the signs person who also lives in my country. I see a very bad end for the person who gives the signals and those who follow him.

[milewilda]

So far, I haven't encountered a really legit trading signal group that everyone talks about.
Let alone those paid trading signal groups. Most of them will exhaust your funds and you won't get anything from it.
Learn the basics, slowly acquire some tricks because experience will give you those tips.
Because even if someone is suggesting you to do such route, you won't understand up until you apply it in your trading activities.
Better be slow rather than in a hurry. You will incur big losses if you will not equip yourself on this market.

Although a few people have testified that they were able to make some profit through those signal and copy trades, I know it still doesn't put away the fact that a lot of those copy trades or signals that are sold are scams. If it were those days when I was really active in trading and on Telegram, I would get some DMs from most of those guys, requesting that I join their Telegram group so I could get free signals, but trust me, all those signals were bullshit. Even on YouTube these days, there are quite a lot of fake videos that will still refer you to a link to their course or signal group.

Copy trades and those signals are still that notable in todays time on which there's still lots of people who do prefer on doing this and wont really be bothered on creating their own on which it would really be just that
they would be simply doing those on what most people been doing.Yes, its convenient since there's no much that you would really be doing but its not something that you could do forever. There's really a time that it wont really be that effective or not profitable or simply that someone had been stopped on providing signals. Then what would you do? Transfer out on other trader? You are really that putting  your capital at risks
considering that not all would really be that profitable with this kind of set up.Nothing beats out if you do have that own trading knowledge which it would really be giving out that kind of
advantage on the time that you would really be going for yourself.

[TelolettOm]

Trading in crypto could be a difficult task that not so many persons involved in trading do actually make the kind of profits people assume that traders might be making when compared to investors that are only into HODLing. As a crypto trader a lot of serial capacity building in knowledge is needed on a daily as it is a necessity for sufficient and profitable crypto trading journey.......

Ideally yes, of course before we do anything, especially trading that is indeed high risk, we must have a good understanding first. Understanding of trading is complex, not only on what coins, but also various analysis on market charts, fundamental analysis, and so on. Also, this includes an understanding of how to manage our emotions, risks and funds for trading.
Learning indicators and how the market is always moving is also necessary. So that at least we have the provisions to carry out this high risk trading activity. So, if you're not ready, it's better to study first.
regarding trading signals, in fact, this can be used as an aid for analysis, not for the only thing that is followed. So it can be for consideration and also ideas for in-depth analysis.

[UchihaSarada]

Copy trades and those signals are still that notable in todays time on which there's still lots of people who do prefer on doing this and wont really be bothered on creating their own on which it would really be just that they would be simply doing those on what most people been doing

Use must use Copy Trade strategies with trust on people who made that strategy. But think does one strategy can succeed in all market conditions? I believe that you can not have such strategies in trading so using Copy Trade is very risky if you use it at wrong times when the strategy gives you bad trading results.

Yes, its convenient since there's no much that you would really be doing but its not something that you could do forever. There's really a time that it wont really be that effective or not profitable or simply that someone had been stopped on providing signals.

Market usually has normal movements within price channels and after a while sometime it will have big changes to move up or move down. Those times are when most of trading strategies will fail and same for Copy Trade strategies.

Then what would you do? Transfer out on other trader? You are really that putting  your capital at risks

Don't trade is the best.

If you trade and win a lot after a while, it's good time to think of stopping your trades. Because market will likely move to a big changing time like a big up or down movement. If you close all your positions and only watch the market, you will be a winner.

[irhact]

Crypto signals are only important in cases were the trader or investor have no single time to create out to understand how the market operates, we all have what's keep us busy, always ready to aim higher on every level. Paying for signals is another way of paying for irrelevant services, bitcoin is the only project that seems to be prominent in the space accompany by Ethereum and other promising altcoins. Knowledge is power, and possessing one would mean mean diverting from the path of broke or struggles, rather focusing on the path to financial freedom.

Signals group are recommended when you don't want to go through the process of learning how to trade yourself but signals groups aren't the perfect solution. We have legit firms that manage investment portfolio and it seems most of them are now adding cryptocurrency to the services they render so you can make use of them. They're professional and you will have some agreement that'll protect your investment with them.

Using this firms are better than trusting signal groups creating by random individual on telegram or any other platforms they use. Most of those signals groups are scammer. They make use of the groups for their individual interest as they make money from hyping projects.

[lunnatic]

...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!..

As a rule, buyers of signals are beginners who lack trading skills and knowledge about how the cryptocurrency market works. And after a while, when they acquire the necessary knowledge, they refuse such signals, because they understand that he can independently determine the level of buying/selling.

True, in the end, after they have the knowledge and skills, they prefer to rely on themselves,
that's why it's important to have the knowledge and skills,
because for the long term it is not possible if you continue to use the signal.

[xSkylarx]

...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!..

As a rule, buyers of signals are beginners who lack trading skills and knowledge about how the cryptocurrency market works. And after a while, when they acquire the necessary knowledge, they refuse such signals, because they understand that he can independently determine the level of buying/selling.

True, in the end, after they have the knowledge and skills, they prefer to rely on themselves,
that's why it's important to have the knowledge and skills,
because for the long term it is not possible if you continue to use the signal.

This would be like in school, where you are just relying on your classmates answers, which is kind of cheating, and even if you are paying your classmates for answers, in the long run you'll have problems. Let's say your classmate is absent during an exam. Then how would you answer? That is why it is better to learn on your own, rely on yourself to learn, and have that knowledge before thinking about the profit. The problem for those new to trading is that they want to earn immediately and don't want to do the hard work.

[wxa7115]

there are people that it is very difficult to understand their way of thinking, how is it possible for a person to take their money that they got with a lot of effort and keep trading based on the signal provided by someone unknown, this is a great absurdity, and if that person that you provide these signs disappear how is the person who is depending on him? these people are left without a signal and are desperate, and that is if the signs that were given to them had any result because the truth is that they are not something reliable, it is not something certain.

just think if people are so good at predicting the price why are they creating signal groups and charging for subscription? Wouldn't it be easier for those people who charge for signals to take their money and trade without telling anyone? in my country and I need to have a license to be a financial advisor, but even so I have seen people from my country providing forex trading signals even though they are people without a license, I keep asking myself why the hell do people from my country fall for this kind of scam , they are following the signs person who also lives in my country. I see a very bad end for the person who gives the signals and those who follow him.

What happens is that their actions are not being motivated by logic, which is why you do not understand at all what they are trying to accomplish, their decisions are motivated by emotions, and as we know emotions can blind you to the truth you have in front of you.

So those people want to believe that such services exist and that they can profit from them, but why? Because in this way they can save themselves from studying the market and in theory they could get rich overnight, now we know this is basically impossible, but such a thing is not going to stop them, as those people are completely dominated by their greed.

[Strongkored]

Signals are given by the channel owner when he finds things that can provide profit opportunities, but unfortunately most of these signals are just scam attempts, especially if the signal given is on a coin with a low market cap, usually they are already the first to sell because they already have this coin at a lower price.
Another thing that can be detrimental for traders who always depend on signals is that they will find it difficult to develop trading skills, because they only trade based on signals without ever analyzing the market. Signals may give you more profit than loss but if you want to continue to trade, improving your trading skills is much better than always relying on it.

[Rengga Jati]

I would say, it depends on what we can do. If we haven't been able to analyze the market very well and produce results, then trading signals can actually help, as long as we don't depend so much on these signals and don't trust these signals 100℅ Because after all there is no signal that works 100℅. For this reason, it is obligatory for cities to have this understanding before deciding to jump into the world of trading. Because after all this is very risky and not easy to do or decide. In this case, how can we take advantage of every moment to be very good at analyzing from various sources and starting to narrow it down to get the right decision at that time.

[Odusko]

I would say, it depends on what we can do. If we haven't been able to analyze the market very well and produce results, then trading signals can actually help, as long as we don't depend so much on these signals and don't trust these signals 100℅ Because after all there is no signal that works 100℅. For this reason, it is obligatory for cities to have this understanding before deciding to jump into the world of trading. Because after all this is very risky and not easy to do or decide. In this case, how can we take advantage of every moment to be very good at analyzing from various sources and starting to narrow it down to get the right decision at that time.

That is it, trading signal should be taken as a trading tool for making analysis and not to rely on it for the trading process since it a already proven that trading signals havent performed well in terms of profit maximization, so for a trader to be at a safer side, he need to combine the effort of the trading signal to your own personal efforts to be able to get the right result, if not the trader will be on a consistent loses if he only depend on the trading signal or self.
So at most both knowledge, and signal are both important since their all ball down to supplying of information for making good decisions that will amount into profits at the end of the trading position.

[Xampeuu]

I would say, it depends on what we can do. If we haven't been able to analyze the market very well and produce results, then trading signals can actually help, as long as we don't depend so much on these signals and don't trust these signals 100℅ Because after all there is no signal that works 100℅. For this reason, it is obligatory for cities to have this understanding before deciding to jump into the world of trading. Because after all this is very risky and not easy to do or decide. In this case, how can we take advantage of every moment to be very good at analyzing from various sources and starting to narrow it down to get the right decision at that time.

indeed after all knowledge about trading will be more useful than trading signals. but to gain knowledge and experience requires a process, even a long process to go through, because it requires complex understanding. but also not all trading signals are bad, but we must be careful to choose them so that the signals have a greater percentage of profits and can trade healthily

[Farma]

I would say, it depends on what we can do. If we haven't been able to analyze the market very well and produce results, then trading signals can actually help, as long as we don't depend so much on these signals and don't trust these signals 100℅ Because after all there is no signal that works 100℅. For this reason, it is obligatory for cities to have this understanding before deciding to jump into the world of trading. Because after all this is very risky and not easy to do or decide. In this case, how can we take advantage of every moment to be very good at analyzing from various sources and starting to narrow it down to get the right decision at that time.

Yes, but in the end, we still have to have knowledge about signals and also supporting knowledge to study price movements from signals. That's why I feel that knowledge about trading is very important. so that we can choose and develop the strategies we need when trading. for example, like you said. even when we depend on the signal, it requires knowledge to know whether the chart will go up or down. of course, it also requires data to support the analysis of chart movements so that we are confident enough in the decisions we have. Without knowledge, we may appear to be gambling in setting prices based on signals.

[lienfaye]

It's a must for every traders to have a knowledge about trading. Because if you decided to trade with an empty head about it then you're just gambling your hard-earned money. Hence, if you value your capital and would like to make it grow, it's necessary to follow the basic rules before engaging yourself in trading. That includes gaining knowledge since it is one of our key to succeed in this career.

On the other side, I have nothing against using signals if you're not really confident of what you know and just want to be certain. Signals might help but the question is, is it reliable? or you're just spending your money for nothing. If it's working then why not, but prioritize to have your own understanding about trading so you don't have to rely on signals or to anyone.

[Desscount]

I would say, it depends on what we can do. If we haven't been able to analyze the market very well and produce results, then trading signals can actually help, as long as we don't depend so much on these signals and don't trust these signals 100℅ Because after all there is no signal that works 100℅. For this reason, it is obligatory for cities to have this understanding before deciding to jump into the world of trading. Because after all this is very risky and not easy to do or decide. In this case, how can we take advantage of every moment to be very good at analyzing from various sources and starting to narrow it down to get the right decision at that time.

Yes, but in the end, we still have to have knowledge about signals and also supporting knowledge to study price movements from signals. That's why I feel that knowledge about trading is very important. so that we can choose and develop the strategies we need when trading. for example, like you said. even when we depend on the signal, it requires knowledge to know whether the chart will go up or down. of course, it also requires data to support the analysis of chart movements so that we are confident enough in the decisions we have. Without knowledge, we may appear to be gambling in setting prices based on signals.

Right because it's impossible if we only rely on signals because still that requires knowledge too,
knowledge is the basic thing and as a trader it is a must have,
do not be lazy to always learn.