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Author Topic: Do You Use Crypto Signals?  (Read 1485 times)
Yamane_Keto
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October 05, 2023, 10:09:10 AM
 #21

If we assume that Crypto Signals are real and not a scam, then you are relying in your trading on someone who is doing it on your behalf and you are trying to copy what he is doing. If you do not know how to generate your own buy and sell signals, then you are not a trader, but rather a depositor, just as happens in bank deposits, but The difference here is that no one guarantees your money or guarantees that you will achieve profits.

The closest thing that can be implemented safely is to have a decentralized Crypto Signals pool, but I do not know if there is such a service.

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October 05, 2023, 11:12:19 AM
 #22

There are a lot of Crypto Signal Providers - about 5 of them are at the top of the list.
They claim 80% accuracy.
I googled reviews and I read nothing but good things about them.
If they were bad signals people would give bad reviews.

Can you please show us which are the top 5? So, I should know about them. If they have good trading skills and better signals, I will join them. Also, tell me on which website you got information about them, as I searched for them but there were just Telegram Groups, I have seen so far on the first page.

If they do have 80% accuracy, then anyone who uses them would become wealthy in a short time.
Do you use any crypto signals?

I was using them before I was not free for the coins to research them about. But now, I am not going to trust them anymore, I have seen many of the users who have made their telegram paid groups, they took the user's money and are new in trading. And the signals they give, they just copy from other groups, which is not good at all. When I was using the trading signals there were not too many users who were providing them, but now there are many fake groups that are just taking people's money. So, I'm not using it right now.

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October 05, 2023, 11:44:49 AM
 #23

Yes. One of the strongest algorithmic trading strategies for maximizing gains and minimizing losses is the use of crypto signals. This feature gives traders the chance to avoid wasting time looking up new trading methods. Keep in mind a few crucial details.
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October 05, 2023, 12:14:37 PM
 #24

I googled reviews and I read nothing but good things about them.
If they were bad signals people would give bad reviews.

I don't use crypto signals though but I hear from many people who have made good profits using the signal. But when I talk to them about the signal, they say 70% to 80% are correct. If I believe it. They also said to give 4-5 coin signals, when to buy and when to sell. The signal does not always hit the price. But most of the 2nd, 3rd number hit the point. As far as I know it takes money to make their signal group private and join.
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October 05, 2023, 12:17:24 PM
 #25

Yes. One of the strongest algorithmic trading strategies for maximizing gains and minimizing losses is the use of crypto signals. This feature gives traders the chance to avoid wasting time looking up new trading methods. Keep in mind a few crucial details.

The OP describes those trading signal subscriptions that offer buy and sell signal in free or paid membership. This is not the typical trading signal using indicator and chart patterns to determine perfect entry but rather you are just relying to a pump and dump signal given by whoever trader controlling the signal group.

Using indicators combined with fundamental analysis is the best way to trade properly to increase win chance rate instead of relying in crypto signals given by random group or trader that obviously just misleading their member for their own benefits.

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October 05, 2023, 12:27:22 PM
 #26

If we assume that Crypto Signals are real and not a scam, then you are relying in your trading on someone who is doing it on your behalf and you are trying to copy what he is doing. If you do not know how to generate your own buy and sell signals, then you are not a trader, but rather a depositor, just as happens in bank deposits, but The difference here is that no one guarantees your money or guarantees that you will achieve profits.

The closest thing that can be implemented safely is to have a decentralized Crypto Signals pool, but I do not know if there is such a service.
No one knows for sure what the price will be in the future and the signals are just that person's assumptions or predictions, and it all comes back to us to follow it or not, but it's true that if we just follow it then we are not a trader.
I think signals from people we trust are quite important as reference material for the predictions we have made, so these signals become material for us to consider again, not necessarily following them from anyone else.
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October 05, 2023, 12:38:10 PM
 #27

If they do have 80% accuracy, then anyone who uses them would become wealthy in a short time.
Do you use any crypto signals?
Personally, at this time we no longer use trading signals that are often found on several social media, especially Telegram groups. Because in my opinion the benchmark for my trading value cannot be equated with the signals they share. As for the past few years I have a friend with recognized abilities and he almost succeeded in his trading strategy. However, I was also not careless in following him, because he could be trusted because of the trading knowledge he got from special courses majoring in modern trading analysis. So he is really serious about implementing it, plus my friend's expertise in trading is formally certified.
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October 05, 2023, 01:12:08 PM
 #28

They can claim that their accuracy reaches 80% but we need to find out whether they can achieve it or below that. And if someone claims the signal really works accurately, they'll ask you to join a private group. And that means you have to pay the subscription fee because if it is a free group, it seems unlikely they will provide the signal for free.

That's what I often encounter from those trading signal groups. Moreover, the subscription fee is also very expensive so not many people are members of the private group. If you want to register, you should be careful, especially if you don't know the group members, because many scammers offer highly accurate trading signals.

Maybe it's better to learn to trade so you don't rely on trading signals and can use the money for trading capital. That would be better because you could analyze each coin and determine which coins are good for trading.

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October 05, 2023, 02:17:20 PM
 #29

There are a lot of Crypto Signal Providers - about 5 of them are at the top of the list.
They claim 80% accuracy.
I googled reviews and I read nothing but good things about them.
If they were bad signals people would give bad reviews.

If they do have 80% accuracy, then anyone who uses them would become wealthy in a short time.
Do you use any crypto signals?

No, I never used crypto signals because I think they do not work. Most of the signal providers ask for a premium subscription which is why I believe this is just a shady business and nothing else. One of the good arguments against signal provider is; if their signals are accurate, why don't they use their signals on their trading and why they have to sell those signals to make money? If you can predict the market already, you can make money from trading. You don't have to sell your signals to peoples to make money. I believe this argument make sense. This is why I believe they are just scamming people. If you talk about reviews, I don't think those are real.
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October 05, 2023, 03:36:45 PM
 #30

If they do have 80% accuracy, then anyone who uses them would become wealthy in a short time.
Do you use any crypto signals?

Dear Shortcuts you, I won't say I had never used trading signals in my journey there were so many ups and downs as we all face, the initial time I did utilize the signals, and what I learned are signals can be used but just for comparison analysis be dependent on you own decision making don't follow another, find your own way.

I would like to quote an interesting story mostly in signals groups, they usually divide their community into 2 groups and post Buy and SHort calls in both groups respectively. Buy for group one and short group two with some TP/SL, one win, and there they post the success SS, and on the other side, they post motivational quotes and they launch their premium group on the basis of the last win in G1 and newbies crazily follow by viewing the SS's. That is the dark reality of Singla groups 80%.

For my fellow I would like to say don't run for the signals and shortcuts in the market as here you are competing with the more experienced sharp and confident smart people to make money, you lose they win, In this market 100% of people startup their journey with 100% motivation and 100% capital and end up losing 99% motivation and 100% capital. It's not easy to be consistent and disciplined, physiology is everything in this market.

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October 05, 2023, 03:51:45 PM
 #31

As the name implies, 'signals' is just a hint of what's to be expected or to happen.
 Crypto signals therefore only serves to hint us the traders or investors about the market trends and price patterns, about whale movements and about pump and dump periods. Signals are meant to guide your decisions, but they can be ignored once one is pro enough to trade or do transactions.

I only use signals I get on Twitter, just to stay abreast and understand the best times to buy or sell my crypto so I don't loose out but instead make profit.

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October 05, 2023, 07:14:51 PM
 #32

There are a lot of Crypto Signal Providers - about 5 of them are at the top of the list.
They claim 80% accuracy.
I googled reviews and I read nothing but good things about them.
If they were bad signals people would give bad reviews.

If they do have 80% accuracy, then anyone who uses them would become wealthy in a short time.
Do you use any crypto signals?
Never ever on my trading career on which i did consider out on following some signals but somewhat there are really moments that i did make out some snipping out some ideas out of those signals but of course i didnt really paid up something to acquire those. I do make use of those free signals given by some people on which if i do see it to be something viable or convincing then i might really be considering on checking it out but if not
then i would just simply skipping it. About accuracy then it is really that commonly be seen on platforms on how profitable a certain trader is. Just like for example on OKX which you could really be able to free to choose
on whose trader you would really be copytrading with. It do shows their profitability rate and there are tons of them does have that kind of stats but im not really that something confident when it comes to this.

Im very that skeptical when it comes to statistics which we know neither those are that real or really that precise or just simply showing off some fake numbers to lure in people to do such copytrade
or would be getting make use of their signals. Nothing beats out if you do make trades on your own on which you arent really that depending on something because if you do make yourself
reliant and on the time that the price would really be going opposite then it would really be generating that negative feeling that you dont really like for it to be feel on.
You would really be able to realize those things once you do encounter on making such decision.

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October 05, 2023, 08:26:38 PM
 #33

There are a lot of Crypto Signal Providers - about 5 of them are at the top of the list.
They claim 80% accuracy.
I googled reviews and I read nothing but good things about them.
If they were bad signals people would give bad reviews.

If they do have 80% accuracy, then anyone who uses them would become wealthy in a short time.
Do you use any crypto signals?
Actually, yes I am using crypto signals but from a website that uses AI. That website doesn't give you the signals that you will need to trade they are just giving you insights, indeces, and little bit market overview in the next 7days, month. I am using that paid version but I am also checking the market situation, not because I am using signal that doesn't mean that I will not check the market. I will also check Twitter, Bloomberg business and other news website. Yes, it will cost me too much time but it is fine with me rather than to regret.

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October 05, 2023, 08:45:17 PM
 #34

There are a lot of Crypto Signal Providers - about 5 of them are at the top of the list.
They claim 80% accuracy.
I googled reviews and I read nothing but good things about them.
If they were bad signals people would give bad reviews.

If they do have 80% accuracy, then anyone who uses them would become wealthy in a short time.
Do you use any crypto signals?

The crypto signal is just like the fake one is my opinion,they give you some signals.Then the signal provider use the signal to buy or sell that same coin mentioned to you to trade for the profit.So they use the same signal for their own benefit.So trading with your own signal was the recommended one,because you win or loss based on your analysis.If you loss,you can learn from it.But you had win the game,it will be pride to you.Because you had get profit by your own signals by analysis of old price variation.

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Rruchi man
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October 05, 2023, 09:00:13 PM
 #35

I googled reviews and I read nothing but good things about them.
If they were bad signals people would give bad reviews.
If they were bad signals and the reviews were given by the people who the signal providers have solicited for reviews from, their reviews will be good and you will never know that they are not truthful. Signal groups should be for reference, not to be trusted or depended on because they can fail you when you least expect, and not always necessary if you can groom yourself into becoming a good trader.

They claim 80% accuracy.
Normal to claim such figures for the good publicity.

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October 05, 2023, 09:09:40 PM
 #36

Yes. One of the strongest algorithmic trading strategies for maximizing gains and minimizing losses is the use of crypto signals. This feature gives traders the chance to avoid wasting time looking up new trading methods. Keep in mind a few crucial details.
This will always depend on the signal that you are getting from someone, since not all signal are ok and its not guaranteed. I believe, you should be more wise on collaborating the ideas from the signal and from your own analysis and know what is better so you can follow that and do a wise decision. Most of the time I don’t follow any trading signal, but if I find it more reliable then it can be good.
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October 05, 2023, 09:58:49 PM
 #37

Honestly, in the past, I used crypto signals, even paid ones, and became a VIP member of a crypto signal group on Telegram. However, it turns out that it is not as effective as we hoped, especially when we don't or don't have the ability to analyze the market better ourselves. Because after all, crypto signals will not work well if we don't really understand how to analyze charts and markets. and keep in mind that no crypto signal will be 100% accurate so we can't just rely on the signal.

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October 05, 2023, 10:21:17 PM
 #38

They can claim that their accuracy reaches 80% but we need to find out whether they can achieve it or below that. And if someone claims the signal really works accurately, they'll ask you to join a private group. And that means you have to pay the subscription fee because if it is a free group, it seems unlikely they will provide the signal for free.

That's what I often encounter from those trading signal groups. Moreover, the subscription fee is also very expensive so not many people are members of the private group. If you want to register, you should be careful, especially if you don't know the group members, because many scammers offer highly accurate trading signals.

Maybe it's better to learn to trade so you don't rely on trading signals and can use the money for trading capital. That would be better because you could analyze each coin and determine which coins are good for trading.
My main question is: how is this accuracy calculated? How does someone come to the conclusion that the signal will be up to 80% accurate? How can someone come up with such a number? To me, it looks like pure gambling. Personally, I'm not fond of altcoins, let alone signal groups. I don't trust them, and I still cannot comprehend how someone may be capable of speculating such a thing and sharing it with others. However, I acknowledge that they are capable of yielding high rewards. The CyberConnect coin made me over $100, without any capital invested, through simple farming. It yielded over 150% within a few days.

R


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October 05, 2023, 10:40:08 PM
 #39

There are a lot of Crypto Signal Providers - about 5 of them are at the top of the list.
They claim 80% accuracy.
Are you sure that those 5 are for real? Because with what most known about them, none of them are accurate. Let's say an accurate one is standing out but is it really worth it to pay them? No.

I googled reviews and I read nothing but good things about them.
If they were bad signals people would give bad reviews.
Don't you know that reviews can be done by them on their own and pay others to give them good reviews?

If they do have 80% accuracy, then anyone who uses them would become wealthy in a short time.
Do you use any crypto signals?
Make themselves wealthy first and they don't need to sell their signals to no one.


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October 06, 2023, 05:53:10 AM
 #40

If someone provide you signals that are 80 percent accurate and you have checked it by yourself then you  following such signals is quite good. For those who are busy in doing their jobs and other responsibilities following these signals will provide them ease and will also be profitable  because providing such an accurate signals is quite difficult.

It will be better to use the blended mechanism like signals, your own experience and predictions from expert then make a unique idea and apply it to take your asset productive to you and others. Understanding signals is also compulsory therefore just getting signals will not help you.









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