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Author Topic: Do You Use Crypto Signals?  (Read 1485 times)
shinratensei_
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March 12, 2024, 04:53:32 AM
 #201

I don't use any signals for trading, it's illogical with 80% accuracy, trading is not that simple, and don't ever be fooled by the reviews you read, of course they will definitely get bad reviews, if there aren't any you might I know what I mean, hiring people or making fake reviews, because nowadays everything is easy to do
So many trading signals are posing as some sort of trading gurus, I don't think they are that accurate anyway, so many trading signals out there only speaking loud where their prediction somehow becomes right but as of my observation most of the trading signals that I see are just basically trying to predict based on TA and thats it, but we all know that sometime TA is a hit and miss because it can be right sometime but it can be wrong sometime too.

personally I've tried several signals, i've tried trading on pairs and invested based on their supplied information in regard to what certain coin might be rising and the come out is even worst than when I don't use them.
honestly I just don't believe that there is any crypto signal that could really give accurate prediction, most of them are just relying on some TA and call it a day.
therefore its always better to have your own analysis because only then you can truly determine a good coin thats good for yourself.

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March 12, 2024, 05:46:15 AM
 #202

Trading the crypto market can be a bit challenging, especially if you are a first time trader. Many traders use crypto signals but this allows you to streamline your crypto trading with regular updates. But since there is not only one option to choose from sometimes it becomes difficult for a trader to choose a crypto signal. I use less signals to trade because my own analysis seems better mistakes are easily caught.

If you have and have the ability to analyze your trades, then there is no need to follow signals from channels that are provided for free or even paid. just use your abilities. Moreover, the signal provided is not necessarily good and accurate.
Some beginners deify the signals they get. maybe because some signals are quite accurate. but still in trading, sometimes the target cannot match the signal given. So it requires experience in determining trading steps. and you won't get that if traders just follow the signals.









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Tigerheart3026
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March 14, 2024, 09:33:49 AM
 #203

Till now I saw a lots of signal group and I also test these. The thing is know what you will provide you accurate signals. And don't expect that those signals will always working for you. You know know that risk always associated with these signals providers. Following them blindly, will result big losses. Better tech yourself first, make your own trading techniques and then take signals to help your own research. I made many losses by following signals. Be careful, don't jump blindly
yes, signals can not be always helpful in trading, i followed some free signal and then paid groups but i faced worst experienced because of their wrong signals or strategies,
when some signals works then people's buying paid singals, but it's lose project, so yes we should not following it blindly, i am trying in my own technique.
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March 14, 2024, 10:38:42 AM
 #204

yes, signals can not be always helpful in trading, i followed some free signal and then paid groups but i faced worst experienced because of their wrong signals or strategies,
That's why they're useless. Some may claim that they've found real ones that helps their trade but don't get them right because it's likely a shill for you to join them.

when some signals works then people's buying paid singals, but it's lose project, so yes we should not following it blindly, i am trying in my own technique.
Right, don't follow them blindly. You might think that you're paying for the premium but you don't get the actual premium that they've promised you thus, you get nothing in return but just given them the premium membership you paid for it.



 

 

 

 

 

 


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March 14, 2024, 10:46:02 AM
 #205

Crypto signals can sometimes be beneficial but most of the time they will sink you. I never use crypto signals, but I have seen a friend of mine suffer a lot of losses following crypto signals. I think traders should always do their own research and analysis before making an investment decision, not just rely on signals. If you are drowning in signals then how do you understand about the market, you will lose your money instantly due to your lack of understanding. But taking signals is not a bad thing but it can be beneficial on the one hand, from where you are getting the signal will be very useful in market research. Prioritize only personal decisions, where just following a single signal can quickly make you lose your money.

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March 14, 2024, 11:41:00 AM
 #206

The best signal for me is when Bitcoin doubles in price. That means it's in an uptrend. Just buy some top altcoins; they will follow up soon.. This Is Not Financial Advice  Cool

 
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