If they have the ability why would they sell?

[justdimin]

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

Usually signal owners post each of their entries in groups and people can conclude how often they close positions with profit results.
But yeah, no one can confirm whether the screenshots shared are belong to the owner or whether they're just forwarded from another signal group. Sensibly, professional traders wouldn't take money from noob traders that way.

This is the problem, you do not know if it's legit or not and why would you want to join something you are not sure if it's legit or not. I would say away from something like that because it makes no sense at all, it really doesn't make sense on the long run.

I think it should be important to realize that we are going to end up with a result that would be a bit harsher and you should be able to make it work eventually. I know that it is not that easy and it doesn't make sense at the moment to just trade based on signals of someone else, so it's much better to find your own signals and you can do that by studying indicators, when indicators hit certain levels you have your own signal and you can buy or sell accordingly.

[1714609726]

1714609726

[Mr. Magkaisa]

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.

            -  Yes, that's right, all traders have only one goal, and that is to make a profit. Today, we do not have the same understanding and approach to conducting trading activity. We each have our own prediction and our own method of how to make money in trading.

That's why there are two types of traders: short-term traders and long-term traders. In this market situation, it is better and more prudent not to sell at this time because we can still be considered bearish. That means this is not the right time to sell if we are long-term holders.

[tvplus006]

...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? ...

There are too few real successful traders who regularly trade with profit. In contrast, the owners of signal groups have a constant income, which does not depend on the state of the cryptocurrency market. In such groups, everything depends on how skillfully he will justify his unsuccessful deals so that the number of subscribers does not decrease.

[Lorence.xD]

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

Usually signal owners post each of their entries in groups and people can conclude how often they close positions with profit results.
But yeah, no one can confirm whether the screenshots shared are belong to the owner or whether they're just forwarded from another signal group. Sensibly, professional traders wouldn't take money from noob traders that way.

This is the problem, you do not know if it's legit or not and why would you want to join something you are not sure if it's legit or not. I would say away from something like that because it makes no sense at all, it really doesn't make sense on the long run.

I think it should be important to realize that we are going to end up with a result that would be a bit harsher and you should be able to make it work eventually. I know that it is not that easy and it doesn't make sense at the moment to just trade based on signals of someone else, so it's much better to find your own signals and you can do that by studying indicators, when indicators hit certain levels you have your own signal and you can buy or sell accordingly.

It's really hard to tell nowadays if the group is actually legit or not since they are a group of people working together just to scam poor and innocent people. There's actually group pages that are worth joining where they post any news, updates and trends about crypto including trading.

It's really part of your progress, to learn on your own via experiences cause in the end of the day, you, yourself is the only person you could rely on in making risky decisions because it's your money at stake not anyone's. From your experience you could take it as a lesson to build up your skills and decision making.

[Plaguedeath]

Because they're a salesman, sales make profit by selling a product, signal group is the product.

If they're not selling any course and give it for free, they might earn money through their referral link or asking their member to use their exchange.

If they're not selling any course, give it for free, not share any referral link or asking to use a specific exchange, they're earn money through Youtube ads or people who're donating in their live stream.

[tbct_mt2]

There are too few real successful traders who regularly trade with profit.

They are professional traders and trading is their job. They only trade if they see good chance to have profit and see very slim risk if they open a position. They are experienced enough to ignore trading if they see risk is big.

In contrast, the owners of signal groups have a constant income, which does not depend on the state of the cryptocurrency market. In such groups, everything depends on how skillfully he will justify his unsuccessful deals so that the number of subscribers does not decrease.

Owners of group signals know newbies want to get rich quick with small capital. They give signals of their pumps and dumps that come from money of their group members.

They are skillful with their mouths and key boards for typing to deliver very convincing messages to signal receivers. It is roght that they get constant income from group membership fee and profit from their signal games.

[AicecreaME]

I'd rather trust advices from a group of trading experts rather than relying on free signals.

Being a parasite to have those free signals will never bear anything in the long run, compare to advices which you can use on developing your skills in trading, because it will guide you and answers everything that you wanted to know. I also knew a group in Facebook which they guide newbies and they help each other but not giving any signals, instead they are just giving their opinion on a certain chart for example, etc.

[tjtonmoy]

~snip

I think you have been in this forum for a long time and you have done your research. If so, then you already know from many topics created in this trading section about signals, trading groups, bots, AI bla bla bla. Anyway, if you haven't done that yet, then I will suggest you do that first. I will never suggest anyone join any trading signal group and do trading given by their signals. Doesn't matter if they provide legit signals or not. You will become dependent on them. And when they will vanish and you will be left with nothing, how will you trade? All you did was follow their command like a mindless fool. Now you need to trade but you have no idea how to do it.

All I am saying is, that learning it and doing it on your own will always be the best course of action. Whether is it a short-term goal or a long-term goal. The thing you learn by yourself will stay with you till the end. You won't have to depend on others to achieve your goals. Focus on the future rather then prioritizing your present small goals.

[Unbunplease]

I'd rather trust advices from a group of trading experts rather than relying on free signals.

Being a parasite to have those free signals will never bear anything in the long run, compare to advices which you can use on developing your skills in trading, because it will guide you and answers everything that you wanted to know. I also knew a group in Facebook which they guide newbies and they help each other but not giving any signals, instead they are just giving their opinion on a certain chart for example, etc.

In fact, trading experts - if they really know how to make money - won't give good advice for free. And if they give you advice for money, that money may be the only thing those "experts" get. So rely on yourself and your intuition, not on other people's opinions.

[ajiz138]

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

There are no certificates for traders who are called professionals, usually they often post on social media about the benefits of trading but other people always think they believe it, but I'm not sure.

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

Yep, of course there is another motive, namely getting money from members who join by subscribing every month to the signal group that was created, maybe when they have become professional traders but they just want to use their skills to deceive others.

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 makes sense because a professional trader will not continue to make a full profit, there will definitely be losses and mistakes in analyzing it, my guess is that those who make this kind of thing are to get additional income from what they make.

[alistera]

Monthly subscriptions don’t work, I use a system which is one time on an instance or the source code, which I have, it creates signals but I can adjust the coins it tracks for highest profits, like XTZ last month but Doge a few months ago.

[goaldigger]

Monthly subscriptions don’t work, I use a system which is one time on an instance or the source code, which I have, it creates signals but I can adjust the coins it tracks for highest profits, like XTZ last month but Doge a few months ago.

This is also why signal trading is not ok, better to be more careful if you are going to follow this kind of signal.
Traders don’t need to have a certificate though because anyone can be a trader. Creating a signal group will always have a reason and most of it is to scam their believers, so if they are claiming to be 100% safe with a minimal fee, better to run away because its a potential scam and you’ll gain nothing from them.

[Kasabus]

Probably they aren’t getting profits from it in the first place that’s why they decide to bargain it and here come these innocent people trying to take advantage and end up losing their funds in the end. The higher the chances people resort into trading signals to use as their own, the bigger they acquire losses from trading. Except for professional and profitable trading signals providers as they can be reliable, but most of them who sell their trading signals, their actually not worth the penny. Everything that is too good to be true is actually a fake one and will only ruin your finances in the end wishing you didn’t bite the offer in the first place.

[Viscore]

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?

Most likely, they are paid testimonies just to promote their trading signals. Or worst is that these trading signals providers are the ones who are also leaving positive reviews on their own group. So if you don’t make a deep research, you will not know that these are all lies and anyone who fall on their strategy will certainly regret in the end.

[usekevin]

Because they're a salesman, sales make profit by selling a product, signal group is the product.

If they're not selling any course and give it for free, they might earn money through their referral link or asking their member to use their exchange.

If they're not selling any course, give it for free, not share any referral link or asking to use a specific exchange, they're earn money through Youtube ads or people who're donating in their live stream.

The signal is not the required in the trading,the signal itself the product some people target the fresh traders.All the freshers will come across the signal pump and signals dm from some representative.If you learn trading using your own knowledge,why should you need to hire or pay for the signals.Just spend some time to learn the trading,even it take one month.It will be your time invested on the way of good profit in the future.I had come across many people who had earned huge money after they learned from their own knowledge and the experience.

[Hamphser]

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?

Most likely, they are paid testimonies just to promote their trading signals. Or worst is that these trading signals providers are the ones who are also leaving positive reviews on their own group. So if you don’t make a deep research, you will not know that these are all lies and anyone who fall on their strategy will certainly regret in the end.

Thats why in depth research is really that relevant or significant because we do know that creating false or fake feedbacks is really just easy as 1..2..3 knowing creating accounts is really easy as pie.
Therefore, chances those feedbacks are really just that on the same owner which we should really be needing to look upon or we should really be that careful or else we would really be easily be victimized if we arent really that vigilant or really that observant. Always be having that realistic approach on things which its true that if they are really that making money then they wont really be bothering themselves on creating a group
for some extra income which could only get some peanuts.

This is why it would be always that recommended on making your own trading analysis and steps on which you would really be learning at the same time rather than on following someone
on every trades that you do make. Nothing beats out on the learning that you could get came from your own experience and dealing with this market.

[cute nmp]

Have been a victim of premium groups multiple times, spent a lot, and actually never made anything from them. Most of those group owners are not professionals themselves they only claim to be, their main source of income is from the subscriptions people are paying them. Everyone should be careful to avoid being a victim of such scam.

[Sanitough]

I don't see them being profitable when they decide to sell it to other people. The only way they'll be in profits is when people decide to subscribe in them and follow their trading signals. While they can be making money out from us, we are also losing and wasting our money on the other part as these trading signals may not be totally reliable and may not be working in the long run. This is the reason why it's better to analyze the market on your own and crate your own trading signals that will definitely work on you as a trader.

[Gallar]

~Snip

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.

It is true, if you look at the certification, the traders who are under the auspices of this crypto signal platform do not have a truly clear certification regarding their professionalism in trading crypto. However, what I know is that most likely the traders under the crypto signal platform are indeed professionals in the field of crypto trading. Because even though I have never used a crypto signal platform at all, what I have heard from several of my acquaintances in the crypto world who like to use crypto signal platforms, is that the signals given by traders on the platform are often correct. So keeping this in mind, I can't say that all crypto signal platforms are scams or lies. Although it does not rule out the possibility that there are crypto signal platforms that were created to deceive. But in reality it seems like this crypto signal platform can also be trusted.

~Snip
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?

In my personal opinion, crypto signals are definitely a business and there may be an intention to utilize the knowledge they have to benefit many people. Because for example like this, many millionaires or trillionaires hold seminars related to their success in managing business. And to attend the seminar there is a fee per person. So if you refer to OP's opinion, why do billionaires or trillionaires want to share their knowledge with many people? and why doesn't the trillionaire use his knowledge and experience for himself, that would be better and less troublesome. So in essence, the crypto signal platform also creates a business, in the field of services related to crypto trading, and in return charges a registration fee to its consumers.

And it is very likely that the profits that can be achieved by this crypto signal platform are quite large. In addition, traders who fall under a crypto signal platform, apart from providing signals to their customers, will also most likely carry out their private trades. So the trader has income from his personal trading and also provides signals to his customers.

[Crypto Library]

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?

That's the common things, this world is full of scammers. To me most of these groups seem to be primarily scammers but it can be different in some cases who provide signals as well as some technical knowledge. I always avoid relying on others for trading, because I have faced losses many times in my life.
But there may be some dedicated persons who give free signals to increase their exposure and maybe help people, I have seen some groups through which it is possible to earn profit. But remember one thing but there is no guarantee that there will always be profit in trading.
Trading has both loss and profit. One trader will lose, and another trader will gain. But some groups can be followed which give some idea about the signals as well as technical and fundamental knowledge. Moreover, I don't think it is wise to avoid any group that guarantees to bring you profit just by giving signals.