Better to have a trading knowledge than depending on signals.

[molsewid]

Joining signal groups would only result with upset in the end and you shouldn't do that at all. There is really nothing that would benefit anyone from any signal group ever, that's just not a solution at all. Too many people think that there could be a solution if they keep buying and all that but the reality is that you are not going to end up with a good result at all, it is going to be a terrible one.

I personally believe that the best thing about signals would be knowing how they figure those out, if you can find the way and not the path, that would be a lot better for you in the end. I think having your own "signals" is the way to go, you would be able to know what to buy and what to sell and that would be a lot simpler in the end.

Been doing that lately since I don't know how to read charts and sometimes I get tired and lazy enough to check it. But the good thing is stop depending on signal groups, at first I even pay my monthly subscription but end up losing more money because sometimes the trader didn't check the market so keenly. In any of you want to learn to trade, better to have a basic knowledge rather than having nothing at all.

[dothebeats]

A lot of newbie traders are actually relying on signals alone and are not looking to make their minds work by doing their own analysis on top of what they already got from other traders. This is dangerous and also leaves the copy traders in a spot that might be the cause of them losing money in the long run. I myself am doing copy trades and get signals from other people, but I know a thing or two about trading that helps me to create informed decisions. It helps you understand why things are happening and what could be the possible movement from there just from the things that you know currently.

[Quidat]

Joining signal groups would only result with upset in the end and you shouldn't do that at all. There is really nothing that would benefit anyone from any signal group ever, that's just not a solution at all. Too many people think that there could be a solution if they keep buying and all that but the reality is that you are not going to end up with a good result at all, it is going to be a terrible one.

I personally believe that the best thing about signals would be knowing how they figure those out, if you can find the way and not the path, that would be a lot better for you in the end. I think having your own "signals" is the way to go, you would be able to know what to buy and what to sell and that would be a lot simpler in the end.

Been doing that lately since I don't know how to read charts and sometimes I get tired and lazy enough to check it. But the good thing is stop depending on signal groups, at first I even pay my monthly subscription but end up losing more money because sometimes the trader didn't check the market so keenly. In any of you want to learn to trade, better to have a basic knowledge rather than having nothing at all.

Being lazy do really put up someone on a situation on which it wouldn't really be that wise or good for long term on which it would really be that sensible that you should really be
finding up ways on learning up something on your own without trying out to rely with others.Its not that bad to snip out some others idea but you should really be that mindful that it would really be worth if you do tend to learn up on your own because time will come that you would really be going solo and wont really be tending on following into someone.You would really be finding yourself to be that able to survive this market since you do already know on what you should gonna do compared to those who doesnt really tend nor have the plans on learning on their own.

Good thing about on having that own trading knowledge is that on the time that you would be losing a trade then you wouldnt really be having that feeling of regret because you do know that its your own error on which you would really be accepting it whole heartedly compared when you do lose up a certain trade because of others trade then it would really be creating out that kind of feeling
on which it isnt really that pleasant at all.Therefore, it would really be always preferred on losing with your own ways and strategies.

[Distinctin]

Trading signals may not be often reliable especially that the market is very unpredictable and that the market is easily affected by different serious factors that hit it. The reason why trading knowledge and skills are of high necessity because these are the most reliable ways to trade in a market successfully and profitably. Most especially that trading is never easy and is quite complicated, and relying to trading signals will not guarantee successful trades. But with trading knowledge and working strategies in the market, trading will be highly profitable in the end.

[Fredomago]

Trading signals may not be often reliable especially that the market is very unpredictable and that the market is easily affected by different serious factors that hit it. The reason why trading knowledge and skills are of high necessity because these are the most reliable ways to trade in a market successfully and profitably. Most especially that trading is never easy and is quite complicated, and relying to trading signals will not guarantee successful trades. But with trading knowledge and working strategies in the market, trading will be highly profitable in the end.

Indeed, with trading knowledge and working strategy you can generate decent benefits, though it's not an easy way to create a good patterns but it is much better compared to lean with signals, most of the time signals are for those who react quickly if you react late or if you take your action in a late timing your chance of being trap or stuck is possible.

Trading knowledge is important if you are into this business for long-term process, instead of waiting for any sign you can anticipate your next steps because of the knowledge that you already possess.

[tvplus006]

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.

I think that’s normal for beginner traders to rely from paid signals since they are not well capable to trade and expect bigger profits. The rule is, no one should be trading unless he’s knowledgeable and skillful enough to trade, but newbies fail to follow this because of their greed and hunger to make quick profits. That’s why they resort into trusting paid signals and when they start losing, that’s when they realized that paid signals do not work and are not reliable all the time.

In this case, it will be a pointless waste of money, since in any case, the beginner will lose his money, even if he clearly follows the recommendations.If as a beginner trades independently, the result will be the same, but at the same time he will be able to gain experience and analyze the mistakes that led to the loss of the deposit.

[Kasabus]

I guess everyone has tried buying trading signals and I can say that not all of them have made profits after that. Simply because paid trading signals do not guarantee success. That is why traders should never be involved in trading if they will only rely for other people’s knowledge in trading. They should have their own knowledge and mastery in their skills to trade, even set their own strategies that will make their trades successful. That way, they will trade because they know how to deal with the market’s volatility and with their own knowledge and develop strategies in trading, most likely they will end up trading with profits rather than see theirselves at the losing end.

[dunfida]

I guess everyone has tried buying trading signals and I can say that not all of them have made profits after that. Simply because paid trading signals do not guarantee success. That is why traders should never be involved in trading if they will only rely for other people’s knowledge in trading. They should have their own knowledge and mastery in their skills to trade, even set their own strategies that will make their trades successful. That way, they will trade because they know how to deal with the market’s volatility and with their own knowledge and develop strategies in trading, most likely they will end up trading with profits rather than see theirselves at the losing end.

You should really removed this kind of belief into your mind that there are people who are really that making out that sure money into this unpredictable market.Yes, there might be some profitable but doesnt mean that

they do make money most of the time. Its true that nothing beats out if you do have your own analysis and different taking on the market and not really just make yourself that depending on others.
I agree on some points on here is that on the time that you would really be making some losing trading positions and this is the result on what you've been following then that anger or rage would really be able to come out or mostly be felt because you could really be able to point out fingers on whose the one should really be blamed. Unlike when you do make your trades with your own ways and methods then you wouldnt
really be having this kind of reaction.

When you do commit errors then you would just basically be not that affected if it do came from your own analysis and methods which is totally opposite if you do follow or depend on someone.

[SirLancelot]

Your opinion is 100% correct. It is better to always rely on yourself than on the thoughts of other traders or just people. I think that the result and the answer are quite obvious.

Taking other's thoughts as guidelines and doing your own research on top of it can be a good idea, but relying totally on them is definitely not a good idea in my opinion too. Even if you join a signals group or subscribe to a service or something where you get signals from, you shouldn't just see the signals and go ahead straight into the market and make the trades as they say, you should first analyze the signals yourself and the coins and their buying and selling points provided.

To be able to do all that, one must definitely equip themselves with the necessary knowledge about trading and trading tools and techniques so that they can do the basic research and analysis about the signals they might receive or they might not even need them if they can do all that themselves.

[Sebas.tian]

A lot of newbie traders are actually relying on signals alone and are not looking to make their minds work by doing their own analysis on top of what they already got from other traders. This is dangerous and also leaves the copy traders in a spot that might be the cause of them losing money in the long run. I myself am doing copy trades and get signals from other people, but I know a thing or two about trading that helps me to create informed decisions. It helps you understand why things are happening and what could be the possible movement from there just from the things that you know currently.

Carry out your analysis before trading your coins will help you to go a long way in profits making, because is not good to rely on signal only if you want to be successful in crypto trading. When you have the trading knowledge, it will make you different from those who focus on signal because many potential traders you see around the community acquired the trading skills from this forum or from a mentor which is advisable as a newbies to do everything possible within their power to have knowledge of trading. Those that use this forum and another ways to learn crypto trading are doing well than those that are using signals to trade their coins which they are finding it difficult to improve in profits making.

[Fredomago]

I guess everyone has tried buying trading signals and I can say that not all of them have made profits after that. Simply because paid trading signals do not guarantee success. That is why traders should never be involved in trading if they will only rely for other people’s knowledge in trading. They should have their own knowledge and mastery in their skills to trade, even set their own strategies that will make their trades successful. That way, they will trade because they know how to deal with the market’s volatility and with their own knowledge and develop strategies in trading, most likely they will end up trading with profits rather than see theirselves at the losing end.

Good point, though you can also buy subscription in learning the basic patterns some paid study will help you in identifying the potential market movements, but same with your perceptions it is better to have your own knowledge and not just to rely with any paid signals, by the way paid education or trainings are far different from buying signal at all.

You should work with your own knowledge and keep yourself with many more ideas on how to develop and establish a good strategy to have some edge with your trading practices.

[justdimin]

I guess everyone has tried buying trading signals and I can say that not all of them have made profits after that. Simply because paid trading signals do not guarantee success. That is why traders should never be involved in trading if they will only rely for other people’s knowledge in trading. They should have their own knowledge and mastery in their skills to trade, even set their own strategies that will make their trades successful. That way, they will trade because they know how to deal with the market’s volatility and with their own knowledge and develop strategies in trading, most likely they will end up trading with profits rather than see theirselves at the losing end.

Good point, though you can also buy subscription in learning the basic patterns some paid study will help you in identifying the potential market movements, but same with your perceptions it is better to have your own knowledge and not just to rely with any paid signals, by the way paid education or trainings are far different from buying signal at all.

You should work with your own knowledge and keep yourself with many more ideas on how to develop and establish a good strategy to have some edge with your trading practices.

If you do that, then you may "learn" how to do it, but you will always be tied to them because those type of places will want to keep you so they will mostly teach you one thing for a whole month, too slow, and then move to next one another month, just to keep you there.

There are a lot of free places where you can learn this, of course the "free" part is that the people who share them make money from ads, like youtubers for example, or even articles, because they need to earn too, but it doesn't have to be from you. I believe that the best thing to do in this case is to make sure that you can end up with a profit over course of some time, and I believe that's going to be possible if you could learn yourself without paying someone else.

[Desscount]

I guess everyone has tried buying trading signals and I can say that not all of them have made profits after that. Simply because paid trading signals do not guarantee success. That is why traders should never be involved in trading if they will only rely for other people’s knowledge in trading. They should have their own knowledge and mastery in their skills to trade, even set their own strategies that will make their trades successful. That way, they will trade because they know how to deal with the market’s volatility and with their own knowledge and develop strategies in trading, most likely they will end up trading with profits rather than see theirselves at the losing end.

Good point, though you can also buy subscription in learning the basic patterns some paid study will help you in identifying the potential market movements, but same with your perceptions it is better to have your own knowledge and not just to rely with any paid signals, by the way paid education or trainings are far different from buying signal at all.

You should work with your own knowledge and keep yourself with many more ideas on how to develop and establish a good strategy to have some edge with your trading practices.

Occasionally relying on a signal, I don't think it's a problem as long as its use is still at a normal level,
don't let us depend on using signals and it's much better to have knowledge because that will make us grow,
with that knowledge will provide broader ideas and be able to find strategies that suit us.

[cute nmp]

As a trader for almost two and a half years i will advise anyone going into the trading business to learn how to trade by themselves ,It is much better for one to get educated about trading before diving in, Never depends on anyone cause they can also be wrong at times .If you are well educated you can analyze your own charts, pick the best set-up to trade, monitor your losses and profits and at the same time keeping consistency in the long run which nobody can do it for you.

[tygeade]

Occasionally relying on a signal, I don't think it's a problem as long as its use is still at a normal level,
don't let us depend on using signals and it's much better to have knowledge because that will make us grow,
with that knowledge will provide broader ideas and be able to find strategies that suit us.

Occasionally could lead to frequently that's the problem. Assume that you occasionally do it and one time you did it suddenly you made some great profit and that was it, you get hooked on it and I would guess that you started to do a lot more frequently, wouldn't that be a problem?

I feel like that's going to be a trouble and we shouldn't be really doing that at this moment. Just realize that it is going to be a tough situation and as long as you end up with a better result you should be fine about it. I know that it will take time before people are aware that this is a hard business and signals could make you profit once but then lose you ten times in a row. So if you do that then you are going to end up with a trouble and should be careful.

[macson]

trading signals are indeed good ^{(make your time efficient without you having to have good skills in trading)} so that until now there are many people who feel comfortable using them but the bad thing that will happen to traders if they continue to use trading signals is dependency.

if you do trading but continue to rely on signals then you will forever not have the ability to make decisions, you will only be stuck with the directions from these trading signals besides that trading signals still have big enough mistakes so try to learn the basics of trading slowly and consistently is highly recommended rather than just relying on decisions from trading signals.

[Sterbens]

trading signals are indeed good ^{(make your time efficient without you having to have good skills in trading)} so that until now there are many people who feel comfortable using them but the bad thing that will happen to traders if they continue to use trading signals is dependency.

if you do trading but continue to rely on signals then you will forever not have the ability to make decisions, you will only be stuck with the directions from these trading signals besides that trading signals still have big enough mistakes so try to learn the basics of trading slowly and consistently is highly recommended rather than just relying on decisions from trading signals.

That's true, but if we compare it, we will find that the negatives will outweigh the positives if we continue to rely solely on it.
As you said, we will most likely not be able to make decisions if we continue to rely on signals. Even if we have our own analysis and then the signals we follow are different from the results of our analysis, then we will be unsure of our own abilities. This is one example of the negatives of relying on signals.
In this space, we are required to have a lot of knowledge, and if we only rely on signals, then what learning do we get? I don't see it.
It will result in less confidence in our potential, and for me when we are not confident in what we have is a very bad thing. Because after all, things have to be based on the confidence that we have.
Many people who have the ability but they are not confident, the result is that they cannot develop their abilities. Whereas in life (not just trading) we must be able to develop our abilities at all times.

[goldkingcoiner]

Signals are complete scams and should be ignored by all traders.

With signals there is always a catch. Either the person or group who creates the signals is demanding money or is trying to grow their community to a point where its large enough and then they start demanding money in the form of some fee.

They are always so confident in the signals but often try to desperately hide their failures or make excuses for them.

You would have to be really gullible to fall for trading signals.

If you want to trade then learn the ins and outs yourself. All the information you need is on the internet and all you need to do is google it. Although I would recommend trading testcoins and not real coins until you feel that you are ready to do so.

[nurilham]

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 ever experienced this, signals never guarantee for profits. Most signals are given too late, the entry time has been over when they share the signals. I feel that buying signal just waste money because it doesn't really help us. Even if the signals can help for profits, it won't be so significant because they signals come not in the best time to buy (entry time).

Signals are also ineffective when the market trend changes suddenly. Or there is bad news about the coins that come suddenly. So, we still need to do analysis even if we got signals from paid groups. This makes buying signals not really effective because we still need to do own research. Why we don't get the signals ourselves?

In addition, buying signal never makes be smarter in trading. It makes us to have no improvement in trading knowledge. We becomes have a lack ability in analysis both on the coins and the market trends it self. It is because buying signals lead us to be lazy, we never learned seriously.

[Hamphser]

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.

But, a wrong trend I observed among some group of crypto traders is that of a framework of so much interest in paying for trading signals stead of taking the pain in keenly learning  to build a robust knowledge about crypto trading.

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!

Don't get me wrong. I am not condemning buying of signals perhaps it would be more accrue-able, profitable and less vulnerable for you if you're knowledgeable in crypto trading and  decide adding up with buying of signals if need be. Learning about crypto knows no boundaries.

Nothing beats out on having your own knowledge rather than on relying into others signal on which it doesnt really have no sense on doing so specially on this which it cant be on long term or definitely you wouldn't really be able to make yourself more good as you do keep on doing this. Its not bad to snip out ideas and analysis from others though but you should really be that so mindful about on making yourself that
independent so that you would really be able to stand on your own on the time that you would really be deciding on going solo.

Sooner or later you would really be able to realize along the way that it wont really be that so needed for you to follow someone forever. You would really be having that kind of feeling on being independent
on which it would really be that something a must thing to be done because we do prefer on depending or relying with our own analysis on which it wont really be giving out that kind of
regret on the time that you would be making out mistakes or losing trades.