If they have the ability why would they sell?

[YOSHIE]

After I read the contents of your thread and the quote below this is what I want to say.

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?

Point, you have a healthy mind, if the quote above is always in your mind, that's a genius and professional mind.


When I first got to know and dive into the world of crypto trading, I joined several trading groups, but in the end I realized that it was all just empty talk, they never do it right and they ask to transfer some BTC for them to trade and the profit is divided by two, then I think this is not right, that's their loophole to cheat, that's when I decided to delete all groups in the name of professional trading and so on, OP, be careful with such ridiculous groups who call themselves professional trading, tell them to check themselves first if they want to cheat.

[Litzki1990]

We have a purpose for trading, hopefully everyone has the same purpose. Everyone wants to make money by trading.  
An investor has a lot of money and tries to make more money by trading, so is he doing something wrong? I mean, no matter how much money a trader has, if the market goes up after trading and he feels he has made enough profit, he should now sell his investment, then I don't see anything wrong.  
People who have specific targets fixed do not wait for a long time only they wait until their targets are met. If an investor invests in a coin with a long-term plan, he will have another plan in addition to the long-term plan, how much money he will get from this investment in this long-term. If he gets money as expected before time, then why he will leave his money unnecessarily. So I think it is a good decision to sell your investment at the right time.

[palle11]

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?

Or they do it for free right? Yes so. If their motive is to help people in trading better and make profit so why do they charge fees and to make matters clear that they are only going after the money, they also have different version of packages that you can register with them like their could be premium subscription, VIP, VVIP on the group. They are just traders who couldn't sustain the heat of loses and they are after hitting back on the market through subscription.

[blockman]

a friend said that most of them are inexperienced traders who are pretending to be a pro traders.

That's for sure. Many of these trading groups' signal are not real. Some may look real but they're only good at the beginning and then you'll see the red flags when you've been them for a long time.

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

It's not by certification that makes a trading group reliable and trustworthy, they can present as many as possible evidence to you to show they are reliable but all can be fake, we just need to understand the needs that using a trading group has it advantages and disadvantages, we need to by ourselves verify all informations giving to us on any platform we join in other for us to be more accurate in our trading and not totally depend on what we receive from them.

I agree, some may show that they are certified somewhere else but that doesn't mean that they're real and good traders. Many certificates there are misunderstood to be certificates but if you'll analyze them, they're just like certification of completion of an online trading course which is very possible.

[Fatunad]

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?

As long you arent paying money then its not really bad to have some sneak peak within this groups and tending to see whether those shared information are somewhat realistic or something that you might be able to follow
but if you are already that tending to pay up something just for those information then better not do it. All of those things inside would really be just that simple analysis and predictions too on which it doesnt really make sense for you to be paying up something which you could eventually get it for free. If you are really that somewhat curious then you could really risk up on paying some bucks and see for yourself whether those things are relevant or you had just waste up your money on something that you could really eventually made for yourself. This is why on the time that you do tell your friends about those groups but didnt listen
then just let them be on following those things, it is really normal that they would really be having those positive sentiments but well it would really be still depending on you whether you would really go along or not.
Just bare in mind that as long it does give out that relevant analysis or understanding about the market and its free then it isnt bad to make out some engagement and look out into it.

[Smartvirus]

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 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?

There isn’t anything new about signal groups and there schemes, it’s existed as long as trading itself and continues to gain patronage from a lot of those who are scared of loses or to do the work needed to prevent loses. Most of the users that falls within this category always find themselves looking out for these signal groups and they end up doing 2 different things for them,

* You aid them in building there channels which they would have found very difficult to build.
* You still get to find them by subscribing for signals that might be dobbed from some place else and offer no assurances.

I really do think one who is very good at trading wouldn’t have time trying to send signals to other persons for petty cash. It doesn’t make much sense to stress over that with all you can get from trading.

[HONDACD125]

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?

I often see this type of ads in Telegram groups where some Telegram group admins talk about premium group, in which they give signals about crypto trading. Similar activities have been seen on Discord, where you pay some amount monthly or annually and then you are added to a group. Premium WhatsApp groups where signals are provided.I personally did not join any such group because I do not trust such things.

 
I often wonder if they are so confident in their signals why don't they make a good profit with their signals instead of asking people for $25, $50, or $100? Often in their Telegram groups they sometimes give a trading signal to attract people. A friend of mine who joined such a group says that he earns good profit from the signals given in his group because the accuracy of the signal is very good,but it requires a big investment because the signals they give are That is between 4% to 6% percent profit, which is very difficult to do with small capital.

[lixer]

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?

Or they do it for free right? Yes so. If their motive is to help people in trading better and make profit so why do they charge fees and to make matters clear that they are only going after the money, they also have different version of packages that you can register with them like their could be premium subscription, VIP, VVIP on the group. They are just traders who couldn't sustain the heat of loses and they are after hitting back on the market through subscription.

Their motive is clear to those who have understood the market and have seen such groups and people for quite some time, but those who are new in the market and are just starting their journey with cryptocurrencies will tend to believe what they say and think that they are following the signals of the most expert people in the industry because their signals are always good and right and whatever, they don't realize that they are actually trapped for money.

People running such groups tend to make people fall for their tactics by only showing the results of the trades that became successful and ignoring and removing the ones that failed so that people don't understand that what these signal providers are doing can be done by themselves without having to pay them.

[puloweh555]

I often get invitations to Telegaram groups, in the end the admin offers a premium signal group but I'm not interested. Because in my opinion, if they can predict signals correctly, why are they still looking for profits through members? This is what makes me uninterested, as if there is something they want to do with the aim of getting rid of us. So, if you are invited to join a singles group, it's best not to. Doing your own research and trading independently is much more satisfying.

But what makes me wonder is how come this signal group has so many members and there are testimonials from its members who say it is one hundred percent safe and proven. I wonder if there is a conspiracy with the perpetrators?

[Issa56]

Or they do it for free right? Yes so. If their motive is to help people in trading better and make profit so why do they charge fees and to make matters clear that they are only going after the money,

If anyone is really trying to help people by making a better profit, then you can create a video or write a book about the strategy that you are using. I'm sure that's going to help people more than providing signals, and if you are collecting money for the signal, then you are not helping them, I see that as a business, you are just selling your signal to them. Anyone can claim that they are a professional trader, and they can create a group and start providing signals.

they also have different version of packages that you can register with them like their could be premium subscription, VIP, VVIP on the group. They are just traders who couldn't sustain the heat of loses and they are after hitting back on the market through subscription.

Whenever I see signal groups, I always see it as a scam, those people are out there just trying to make money and giving fake signals to people, and traders that are desperate to make money and too lazy to do research on their own will definitely look for groups like that and pay for them. Since most of the signal groups are fake, even if you think you have lost enough money and you think trading signals is the best option to win back all the money lost, don't be surprised that you are going to lose more money.

[MFahad]

Rarely the signals providing groups are created to help the individuals but most of then are created only because they have benefit from such creations. I don't think that currently anyone will willing to help others because every successful person is engaged in their own business.

To avoid all these false groups try to create your own mindset so it will help you to take good step that will be full of success. They first try to get money through trading and if they failed in trading then they use other way through providing false signals to others because if trader loss money then it will not be the headache of group's owner.

[jaberwock]

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.

Huh? I think the OP got more point than you, sorry. If we are good at trading, we can directly trade and make money instantly, while if we decided to sell our strategy, it may take a lot of time to gain a customer because people will still doubt at first, especially if they see that the strategy is too good to be true. Paid groups must have a better result than the free ones. Maybe you only joined a scam one?

And the signals that they are giving aren't that good enough. This is the only downside of joining these type of groups but I guess we deserved it because we are too lazy to trade on our own, or we are too lazy to make a research about the group that we are going to join.

[2Pizza410000BTC]

What do you have to tell me?

A signal giver or blogger has a lot of success behind telling me. They will not waste time on us without interest. They will first open a group and let me join that group and they will release signals there continuously and after some days they will create VIP signal group there.  But when I start earning with their free signals I will follow them all the time and later join their VIP signals group even for a monthly fee. Basically this is the main purpose of a signal giver or blogger. I've seen many people on the Binance feed newsgroup using different signals to achieve this objective. Many people have different opinions on this and some people have no idea why they give free signals.

[Hypnosis00]

Well, some signal groups are created to help others, especially newbies but not with the purpose of making you earn a profit, it is for them to learn how to do it and it is free. But also, there are many groups that were created to scam people. It was those groups that were selling their signal asking for huge amounts of money and saying that it was accurate and make you rich if will followed correctly.

That is why it is very important for us to know the group that we follow. We don't have to trust easily because some scammers will just give signals for free first but later on, they will start to ask for payments even if the signal isn't working.

[Vaculin]

It’s clear that these people are just trying to steal our funds and pretending to be pro traders is just their excuse to lure people to subscribe on them and get their funds. This is literally a form of scam, and if you easily fall on their trap, you’ll be one of their victims who only trade and use their trading signals and get nothing in return.

In reality, they are not making profits from their own trading signals, but only to those people who have mistakenly trust them and pay them unknowingly.

[Johnyz]

It’s clear that these people are just trying to steal our funds and pretending to be pro traders is just their excuse to lure people to subscribe on them and get their funds. This is literally a form of scam, and if you easily fall on their trap, you’ll be one of their victims who only trade and use their trading signals and get nothing in return.

In reality, they are not making profits from their own trading signals, but only to those people who have mistakenly trust them and pay them unknowingly.

Though they are doing this on a good rate at first but eventually, once they get your trust you can start expecting that those signal group will slowly fade away.
Paying them is like a waste of money and if you follow their suggestions, then that could be a total loss for you. Instead of paying those signal group why not use that funds to learn trading on your own? I mean its better to invest on yourself than to trust anyone especially if this is all about your money, you should be the one to have control over it.

[Questat]

These people have no other intention but to fool and deceive people by pretending that they are right and that their signal is working effectively. After giving free signals, they'll then ask for money in exchange for these unreliable signals.
Yes, if we are going to analyze it carefully, how they could say they are right knowing that the market is unpredictable? Because if we are really on our mind, we can think that is not true but all of those signals are just their personal market assumption and predictions. No way to trust them, they are useless indeed.

[Finestream]

Some prefer to sell their trading signals probably because they aren’t sure too if it will be working in the long run. So instead of using it on their own and may lose their funds, at least through selling they will gain fixed profits that they might not gained if they personally use their own trading signals. However, some trading signals may actually work but if you trade and keep using other trader’s trading signals, you won’t be able to grow as a successful trader and might only be profitable at first but eventually lose all your money if you pursue trading without knowing how to make and analyze your own trades.

[MFahad]

First of all trading groups are providing signals without asking for any fee but if they ask for some amount of money then realize that their main aim is just gathering money from others specifically from newbies.

 Some trading groups are also worthy not all of these have empty talks and if you are joining the groups which don't get money in return from you then there is no risk for you so if you get some worthy information from it then utilize it otherwise leave it because your money will be save.

[Fivestar4everMVP]

.

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?

You sure have a valid thought and point here, I personally have never been a fan of using or depending on some signal group for my trading activities, simply because of the already known fact that majority of such groups are being managed by scammers who are after nothing else but my money .

And I think that in as much as this space or saturated with scammers, I won't particular conclude that every trading signals group out there are owned by scammers, no, I personally believe that there are still a very few legit once that are owned and managed by highly professional traders who are just offering the subscription stuff as a means of creating multiple streams of income for themselves, but then, I will also mention that the scam groups have overshadowed the legit ones, it's pretty hard to differentiate the wolf from the sheep in this subject matter, so the best way to be save out here is not just stay away from every trading signals group.