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Author Topic: Get a signal Source on Bitcoin.  (Read 355 times)
Sanitough
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September 12, 2023, 09:30:43 PM
 #41

Getting a signal source for bitcoin is really good, the only thing it gets bad is when you rely on it solely for your trades. It’s okay to be more open to a lot of trading signals that you think will probably work on your trades, but if you keep on doing that, then what would be the use of your own trading knowledge and your personal market analysis? Instead of trying to get the best trading signals in the market, why not just do it on your own and study more about the trading market and all the factors that could possibly improve your trading skills and strategy. That way, even if you lose at time, at least you also learn from all your mistakes.
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Zigabel
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September 13, 2023, 03:23:30 PM
Last edit: September 13, 2023, 03:35:51 PM by Zigabel
 #42

Generally I’m just trying to tell you to understand that you have to get a particular place that you can hear the current news on the bitcoin market, because to my little knowledge that is what effect bitcoin either positive or negative.



I agree with you, it's very essential to get good sources where you get information as it regards happenings around Bitcoin and other economic situations that could be of great importance to the Bitcoin Market . This sources could include several platforms which includes the mass media or subscribed mails and Bitcoin talk.org which will keep you updated with the news.

Personally, I advise you invest more on technical analysis and fundamental analysis aswell so you become your own source of information to get appropriate signals on when to enter and exit the market as everything that is said on the news plays out on the chart, no body can predict accurately 100% the direction of the market over a period of time. Over time signal sources have failed and some have also proven to be worth giving attention especially when the signals are followed timely and executed appropriately but this can not be compared to the efficacy of a proper combination of a good knowledge of fundamental analysis and technical analysis to provide your own signals

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September 15, 2023, 07:21:50 PM
 #43

Getting a signal source for bitcoin is really good, the only thing it gets bad is when you rely on it solely for your trades. It’s okay to be more open to a lot of trading signals that you think will probably work on your trades, but if you keep on doing that, then what would be the use of your own trading knowledge and your personal market analysis? Instead of trying to get the best trading signals in the market, why not just do it on your own and study more about the trading market and all the factors that could possibly improve your trading skills and strategy. That way, even if you lose at time, at least you also learn from all your mistakes.
Any trader worth their salt will take notes and compare what their strategy is telling them to do with what they see other traders sharing online, however there is a big difference between doing something like this and depending completely on the signals of someone else, as in that case you are not really learning anything out of it, and even if the signals were good and you could earn money with them, the moment that trader got tired of it and stopped posting their predictions and signals you will be left with nothing and you will have no way to keep profiting from the market.

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Vaculin
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September 15, 2023, 07:33:49 PM
 #44

If you are capable to trade and turn it into profits, then you don't have to follow the trading signals of other traders. You know your own intelligence and capability as a trader, if you think you are still not making an edge on trading, then study trading and improve your knowledge and skills on it through your own experience. That way, you can correct your own mistakes and improve what's need to be improve.
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September 15, 2023, 09:06:56 PM
 #45

This type of snake oil type of things do not really help anyone at all. I can't really imagine anyone getting any type of help to anyone getting to this type of thing. I believe that we are not going to end up with anything that could change anything at any moment. These type of people just want to promote themselves and they do not care about what you are going to end up with anything else, like if you lose money but they get a lot of views that would be more than enough for them. I think its quite obvious that we are not going to end up with anything that would change anything on the long run, its not going to end up with anything that helping you at all.

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South Park
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September 23, 2023, 07:33:24 PM
 #46

If you are capable to trade and turn it into profits, then you don't have to follow the trading signals of other traders. You know your own intelligence and capability as a trader, if you think you are still not making an edge on trading, then study trading and improve your knowledge and skills on it through your own experience. That way, you can correct your own mistakes and improve what's need to be improve.
But that is precisely the problem and it is why signals are still popular, learning how to trade is hard and it has a very high failure rate, people know this and they are trying to find a shortcut so they can become successful without going through the pain of actually learning how to trade, and they think using signals is the right way to do this as it seems to be the perfect solution for them, however we know that using signals to trade does not make sense at all, as someone that is selling signals could make a lot of money if their signals were any good by trading by themselves.

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