If they have the ability why would they sell?

[Z390]

This is actually my first time creating a topic in this section called trading on the forum, I have a question in mind and I look for trading section so as to fit my question, and here I am.

Are crypto signal groups for real? I have friends that are into this stuff and I don't feel convenient with it because

1. There is no proof of certificate that shows that the group owners are professional traders.

2. They might have other motives for creating such groups too.

Since this groups are label premium signal groups, they are requesting some form of a monthly subscription, a friend said that most of them are inexperienced traders who are pretending to be a pro traders.

My second friend gave me a signal group and he claimed to be good, but you know, I prefer asking questions before taking any steps, there are too many scammers in and out of crypto world.

My common sense is asking me why will they create such group if they know how to be pro traders already? Like why can't they keep this to themselves and keep making their money? Why are they trying to help and getting subscribers in return? Just my own common sense like I've said. What do you have to tell me?

[Oshosondy]

2. They might have other motives for creating such groups too.

If the trader lose, will the signal provider return the money the trader paid? No

Since this groups are label premium signal groups, they are requesting some form of a monthly subscription, a friend said that most of them are inexperienced traders who are pretending to be a pro traders.

Can you know if they are experienced trader? No. You can see a trader that is winning, but suddenly losing and later the net profit is negative.

My second friend gave me a signal group and he claimed to be good, but you know, I prefer asking questions before taking any steps, there are too many scammers in and out of crypto world.

Learn how to trade yourself and use little amount of money to trade, the amount of money that you can afford to lose. Signal groups only care about their own pockets.

My common sense is asking me why will they create such group if they know how to be pro traders already? Like why can't they keep this to themselves and keep making their money? Why are they trying to help and getting subscribers in return? Just my own common sense like I've said. What do you have to tell me?

Because they want to make money and the money can not be from trading because they do not know how they can make the profit 

[Chilwell]

This is actually my first time creating a topic in this section called trading on the forum, I have a question in mind and I look for trading section so as to fit my question, and here I am.

Are crypto signal groups for real? I have friends that are into this stuff and I don't feel convenient with it because
My common sense is asking me why will they create such group if they know how to be pro traders already? Like why can't they keep this to themselves and keep making their money? Why are they trying to help and getting subscribers in return? Just my own common sense like I've said. What do you have to tell me?

From which platform does the group belong, because scammers are everywhere, let say, if it a Telegram channel, in telegram there many scammers that claim to be good in treader, but still there are channel that are legit and reliable. Why don't you learn about trading, and stop looking for signal. People that are involved in trading for so long are the people that you should learn from, not that they are perfect but due to the experience they had.

One person can not earn everything well trading alone, sharing the signal also help the coin to get value,

[tbct_mt2]

Are crypto signal groups for real?

They are real because they actually release signals for their group members. Good or bad signals, it is another matter.

1. There is no proof of certificate that shows that the group owners are professional traders.

If you don't have proof to know they are professional traders and get rich by trading, don't join their signal groups and don't use your money to trade with their signals.

I also have to warn you that even they are professional traders, succeed or fail at the end depends on you. They can give you good signals but you are disciplined enough, patient enough to complete a trade with profit, it's a different thing and surely mainly depends on you.

2. They might have other motives for creating such groups too.

If they are bad traders, they create such groups to make pump and dump games. Victims are you and other members.

[Strongkored]

What do you have to tell me?

Why are there traders who create trading signal groups and slowly sell signals to their members or charge fees for those who want to join their premium group? because as a trader he knows that it is easier to make money by selling his signals than using signals that are sold for his own trading, because there are still many traders who don't realize this, what they do is the same as bloggers who sell ebooks on how to make money from blogs.
I have joined both free and paid ones, the results are not much different and it could be said that it is stupid to continue to be in this group because the channel owner can make thousands of dollars from fees while members still have to struggle to make a profit, many signals of which don't work well.

[safar1980]

My common sense is asking me why will they create such group if they know how to be pro traders already? Like why can't they keep this to themselves and keep making their money? Why are they trying to help and getting subscribers in return? Just my own common sense like I've said. What do you have to tell me?

I know that the most expensive advertising is in groups for traders. In addition to expensive advertising, the channel author earns money through affiliate programs, when registering through referral links. They also sell various training programs: trading courses, paid webinars and coaching, and book sales. Additionally, there may be wild consultations.
Group members will always have the opportunity to spend their money.

[tbct_mt2]

Why are there traders who create trading signal groups and slowly sell signals to their members or charge fees for those who want to join their premium group?

Getting member joining fee is not their main target if they are scammers. They want to earn more from pump and dump games. Group members can get profit or become victims if they are too late with signal receiving by difference in time zone or whatever reasons. If they join pump and dump games too later, they certainly get big loss.

because as a trader he knows that it is easier to make money by selling his signals than using signals that are sold for his own trading

Trading is risky and they know it but they also know more than newbies know. Pump and dump games are very attractive with newbies who don't have knowledge about trading but have greediness. They chase profit with their empty brains so such groups are their favorite places to join. Group owners only give some polishing successful trades to attract those newbies.

They spread signals so they buy first before releasing those signals. Therefore they take very slim risk while have big chance to earn big profit with their games.

[traderethereum]

Maybe they think that first they learn to use money until they can become professional traders so when they create a free group and offer paid groups, they say that there is no free lunch.
So it's only natural that they create paid groups as long as they really teach knowledge and knowledge about trading properly and correctly so that their members can become professional traders.

But unfortunately, only a few of them are truly professional traders because I have a friend who can trade but he claims he can't trade.
And strangely, every time my friends and I gather to discuss market movements, he is always the one who provides an explanation of all the possibilities that could happen in the market.
So in my opinion, a professional trader is not someone who wants more money by opening a paid private group because he knows that teaching someone is not easy and it takes a long time until he really understands what he is being taught.

[Issa56]

Are crypto signal groups for real? I have friends that are into this stuff and I don't feel convenient with it because

I don’t believe in trading signals, so I will tell you there are no real trading signals. I have seen different trading signal groups, and I noticed that all are fake, so I already concluded that there is nothing like real trading signal groups, all of them are just after money which they will be making. That’s why, as a trader, it’s just better to learn how to trade and not depend on any trading signals because most of them are just fake.

2. They might have other motives for creating such groups too.

Most of the signal providers are just doing that because of their selfish interests. The motive behind creating such groups is just for them to make money. They will create a group, and ask people to pay before they can be added, if you don’t pay, you won’t be added to the group. After you have been added, most of them end up providing wrong signals, and there is nothing that can be done about it because you already paid for the group, and they have nothing to lose, People that followed the trade are the ones that will lose. You will be losing the money you used in following the trade, and you will be losing the money paid for the group.

Since this groups are label premium signal groups, they are requesting some form of a monthly subscription, a friend said that most of them are inexperienced traders who are pretending to be a pro traders.

If they don’t pretend to be professional traders, then nobody will subscribe to the group. All signal groups will pretend to be professional traders to get people’s attention. If you join, you will discover that they know nothing about trading, but they will have collected their money by then, and you won’t be able to get a refund.

My common sense is asking me why will they create such group if they know how to be pro traders already?

Most of the signal groups are always wasting their time marketing those groups so that people will pay and join. As a professional trader, they won’t even have time to waste forcing people to join their group, but most of those groups are always looking for ways to force people to join, which is already a red flag.

[Pandu Geddon]

that's their goal, to get money from people who believe and follow the signals they use. no one knows how professional they are. but what can prove it is your friends who have joined paid groups like that.
Even those who initially provided signals for free eventually after enough members joined, would think about doing business to earn more money.

the motive for everything is just a business to make money in a popular community. It's like, if the market is currently busy with health medicines, they will sell medicines to make a profit. and pretend to be a doctor or pharmacist.

[Latviand]

My common sense is asking me why will they create such group if they know how to be pro traders already? Like why can't they keep this to themselves and keep making their money? Why are they trying to help and getting subscribers in return? Just my own common sense like I've said. What do you have to tell me?

The simple reason would be money but there are a few stragglers out there that does it to create a sense of community in the crypto space. Regarding the money, it's common sense already that if you can make people pay you money because they believe in what you do and that you have the ability to do so, why not make an extra buck out of it and not to mention that if you ever fail in your signal which is likely to happen especially for these so-called "pro traders", they still be able to make money out of the pockets of their subscribers.

[Yamane_Keto]

Instead of relying on random crypto signal groups, they may be a group of scammers or fools looking for a quick profit, why don't you and your friends organize a paid event here where you and your friends look for people who are good at analysis and ask them to join the group in exchange for a monthly return, or create a topic here that is open to everyone .you will guarantee that you will not be scamed and you will determine if the person is an expert from his previous posts.
It is true that this service may cost you some money, but it is better than random crypto signal groups on Telegram, although I see that all of these groups are closer to scam than reality.

[Faisal2202]

My second friend gave me a signal group and he claimed to be good, but you know, I prefer asking questions before taking any steps, there are too many scammers in and out of crypto world.

My common sense is asking me why will they create such group if they know how to be pro traders already? Like why can't they keep this to themselves and keep making their money? Why are they trying to help and getting subscribers in return? Just my own common sense like I've said. What do you have to tell me?

These are some common questions, that come to mind when one is forced or get to know about Premium/VIP Signal groups. Where they could earn a hell lot of money but first we have to buy their subscription. I also used to be as skeptical as you are now on this issue. And I always tried to remain vigilant to all types of scams too because if what your second friend is saying is true then yeah we can call it a scam.

The point is, what I did? When I had these types of queries in mind? I simply ask one of my friends to share the signals with me that they are getting from those VIP groups. But I do not follow those signals instead just observe them and try to make a winning ratio. As I do not have access to their background history, so I used this method to analyze their experience.

Another way is to avoid all those traders who are at a lower level because those who are not so public and have a lesser approach do not buy their signals because you don't even know them. For example, I used to follow P4Provider and WaqarZaka on FB and YT. Because they are public entities and at least I can take some action against them if they try to scam us. So, never fall for new guys who are there to scam us only.

And you asked why did they do that. Because they want to make extra bucks too. Let's say you are doing all the analysis and 70 to 90% sure about your analysis and predicted the market and then what? You will take entry and make some profit and all of that analysis will go to waste. So you decided to share that analysis with others but in exchange for money. Isn't that a good idea? I would do the same. And there is a plus point which is we as signal providers ask others to sign an agreement saying, the losses and the profits are not on us instead you are following it on your own will. That's enough to save yourself from any cases.

[mk4]

My common sense is asking me why will they create such group if they know how to be pro traders already? Like why can't they keep this to themselves and keep making their money? Why are they trying to help and getting subscribers in return? Just my own common sense like I've said.

Because most of them can't actually trade lmao. And even if they end up making bad trades, who cares as they make money off the subscription of people anyway.

And when talking about pump and dumping, yea — they'll just buy certain low-cap tokens and tell their "subscribers" to buy. Then they dump the coins because the coins rose in price due to their subscribers buying.

[AmoreJaz]

My common sense is asking me why will they create such group if they know how to be pro traders already? Like why can't they keep this to themselves and keep making their money? Why are they trying to help and getting subscribers in return? Just my own common sense like I've said.

Because most of them can't actually trade lmao. And even if they end up making bad trades, who cares as they make money off the subscription of people anyway.

And when talking about pump and dumping, yea — they'll just buy certain low-cap tokens and tell their "subscribers" to buy. Then they dump the coins because the coins rose in price due to their subscribers buying.

this is why it is better to do your own trade and not join any of these paid signal groups. it is fine if it is free, just to see what they have to say. but if they start collecting fees, doubt their motive. and that is true, if they are really good with their signals, they can make tons of money without asking fees from their subscribers.
i haven't read or seen a valuable trading signal group where everyone is talking about its excellent performance. so don't believe on such talks about these groups. and yes, they can easily have this pumpndump scheme if the project is a small one as they can easily manipulate the price by using small amount of money. giving false movement to their subscribers. and leaving them holding worthless coins or tokens in the end.

[AbuBhakar]

My common sense is asking me why will they create such group if they know how to be pro traders already? Like why can't they keep this to themselves and keep making their money? Why are they trying to help and getting subscribers in return? Just my own common sense like I've said. What do you have to tell me?

It’s same scenario when professional on their respective field decided to publish books or tutorials just to earn additional profit. I’m considering legit crypto signals here and not scam. Nothing beats a passive income through subscription because trading still involves risk even if they are pro trader so having a profit from subscription will gave them a good benefits.

They also benefits on providing good TA a guarantee profit to their investment since they are the first to purchase before their follower purchase the signal. It’s important to have a basic knowledge on trading before you start joining on this signal group especially premium group so that you will not be victimized by lots of scam signal group.

There’s few decent signal group that provides detailed analysis on a certain token to buy.This is the group that you should look for instead those signal group that just drop buy and sell price target as signal.

[Nrcewker]

These are nothing but scams. These so called premium traders doesn’t want to risk their own money, hence started these types of channels. From here they can get sure income on a regular basis. Next they do is just some basic analysis on the market and share the calls. If a trader makes profit from it, then he is happy, else he cannot do anything of the channel admin. It’s better to follow big traders on Twitter rather than these cheap Telegram groups.

[Adams0001]

My common sense is asking me why will they create such group if they know how to be pro traders already? Like why can't they keep this to themselves and keep making their money? Why are they trying to help and getting subscribers in return? Just my own common sense like I've said. What do you have to tell me?

Like you said, they are a lot of scammers now claiming to be bitcoin pro traders to scam a lot of people and this groups you are talking about are one of them which you should avoid by all means. That money and time you would have spent in following their signals or footsteps will only make you limit yourself in your thinking capability and how to break limits in your trading skills. Do channel that zeal of sorting for crypto signal groups into learning more and perfecting your trading skills because that will be better for you. At least, when you lose or the market goes negative (declining) you would learn from what prompted that the next time you are trading and you will be extra careful.

[ZAINmalik75]

Since this groups are label premium signal groups, they are requesting some form of a monthly subscription, a friend said that most of them are inexperienced traders who are pretending to be a pro traders.

That's so true because I have personally seen so many people who just got into crypto trading and now showcase themselves as they are the guru of trading. Actually, these types of people get benefit from the innocence of those who know nothing about trading. These noob traders after knowing some terms used in trading and after getting familiar to some methods that definitely not going to work for all.

They use such methods and less information to make other noob people think that they are very pro and know a lot about crypto trading but in reality, they are just not making any profit out of trading and they wanted to make money so they start to provide premium signal facility.

I hope you would have got the answer to this query but this issue is not big because this can easily be overcome by not following new traders. Most of the time the new traders in the market are scammers so follow only those who are old and have some fan following too.

[Upgrade00]

Are crypto signal groups for real?

They are real but the service they offer is mistimed fake and for the most part traders should avoid their service.

1. There is no proof of certificate that shows that the group owners are professional traders.

2. They might have other motives for creating such groups too.

• Do not give the scammers ideas. Even if there was some fictitious proof of certificate that does nothing to prove that the signals you are getting are worth anything.

• They do. Many of them are pump and dumo groups, they get a cheap position in an asset and the drop a signal prompting their subscribers to go and buy in and drive the price up after which they well and leave you holding your bags.