Do You Use Crypto Signals?

[DVlog]

Absulouty, not because most of these paid groups don't provide any analysis, facts, or related events behind their predictions. They just want you to buy the token that they have already bought before giving the signal. If you notice closely most of these projects and low cap coin so when their followers buy that token from the market that token gets a slight pump and that signal group claims how good their predictions are. A knowledgeable person won't join this type of group.

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[dunfida]

Don't mind any cryptocurrency signal people, they will tell you that they have 80% accuracy in signal of bitcoin and any other cryptocurrencies...

I wouldn't say, "don't mind any cryptocurrency signal people", I would say that those reading them should sieve through them. That's the way I follow them. Whenever there's a hype on any project or trade, I don't FOMO. I don't see it as the last thing before the delicious Nigeria Jollof, I take my time to check TA on that. I believe no single person can rightly hold the market by the jugular. So, I want to see what they've in alignment with the little and limited knowledge I've too. If they say to buy but my analysis says sell, I stay out. If they say buy and my analysis says buy, I take the trade and then wait for the outcome with a SL entered.

Verify for yourself or on everything on the time that you would really be receiving those signals.Its true that it isnt really that bad on snipping out some other signals out there specially if you do really see for it to be interesting but of course never ever make yourself do forget on making out some attached-analysis of yours when it comes to others analysis on which you could really be able to see if it does getting inline with yours or
totally going the opposite side. Decisions would be made would really be still that entirely be depending on you because not all would really be that having on the same thoughts on a particular TA on which it
would differ and its always been ideal that you should really follow your own analysis rather than dumping it out just because you've seen others TA or analysis on which this is situational because its impossible that
you cant really be able to determine whether an analysis made up by someone is far more better than yours on which it do really comes to a point on creating that kind of emotion and thinking that its better
to follow his than yours but this is on rare scenario basing with my own experience because i do always stick with my own and making having no regrets even if it would be ending up on south.

[dezoel]

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.

The money part is basically why they provide those signals and have created these signal groups because they know that newbie investors wouldn't have much knowledge about the market and its movements, so they will easily believe anyone who tells them something about the market that sounds technically correct but might not be in true sense. So, they use this opportunity to get newbies into their trap and show them a few successful trades from the past so that newbies don't suspect anything.

The ground reality is, that these so-called experts are not actually experts, they might be copying analysis from somewhere and posting them in those groups, and they make those signals after getting them from somewhere else themselves and pretend to be making those signals themselves and try to be a trading expert in the group.

[taufik123]

-snip-
And the thing about comparison, it is important to know what you are doing. Without that, if the signal is wrong or right we have no way to detect that and fix that problem. So the main key here is to first learn it on our own and then we can make our own analysis and after that we can make a comparison between those two.

Even if it is a paid signal and every detail is written on why it is moving that way or giving out that signal, we must do our own research on everything.

That's a wise thing to do, not to get too carried away with a signal even if it's a paid signal or even a free signal that is just a buy and sell number.

Now trading signals have even been created by AI and it seems that it can indeed be more powerful because AI reads historical data on trading.
But don't trust it completely and do your own research on everything.

-snip-
All coins from signal sharing in premium group have been pump more than 20% and less of their signal sharing with coins on lower price, better find and research by our self than buying coins from signal premium sharing but has chance to get loss after price raising up and difficult make another higher price again.

Pumping around 20% is high enough, but some of the premium signals I've followed give their signals when the market starts to correct and will be advised when confirmation of a rise or fall has occurred.

So it's not just about buying and selling, but also learning how to do it so that it matches what is suggested.
The chances of getting losses will definitely happen when the market is unpredictable and some FUD starts to come in.

[tjtonmoy]

Now trading signals have even been created by AI and it seems that it can indeed be more powerful because AI reads historical data on trading.
But don't trust it completely and do your own research on everything.

AI is a powerful thing, but it uses the same thing that is used for analysis. What is available on the internet the AI can only perform tasks based on that or something that it has been taught. Nothing more nothing less and this is where AI is limited. And when you think about it, AI does not have emotions like humans. Whenever a massive number of traders take decisions based on the sentiments, the AI can't pick that up. It uses logic and rules where people are doing it based on their emotions / sentiment.
AI is powerful no doubt about that, but it also has its own flaws. Either you use the AI to solve your own mistakes or you learn it on your own. Depending on something like AI / signal/bots is not a good idea. So doing our own research is the last option.

[Shishir99]

**AI gibberish removed**

Your username gives a good impression of yourself. It sounds like you are a programmer. But I am not sure If you are an AI developer. Are you testing your AI here by posting AI-generated text? Or do you have any genuine interest in joining the conversation? I guess NO. You have posted two pieces of content so far and both are AI-generated. If a member reports your posts, these are likely to get deleted by moderators and you might get banned for that (I am not sure). So, I would advice you stop using these AI shit and write something from your own.

[gunhell16]

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?

You know, before it crossed my mind to join such a signal group in trading, it was only when I saw someone being promoted on Facebook that I changed my mind, because I realized that it was not true. Because, like you said, I wish there were many who testified that they got rich there. Because if I look at him, he looks like a trading bot; the only difference is that people seem to be trading for him.

With the trading bot, you just have to set it up, and you really need to have knowledge. You can't have it without it; if you set it up wrong, you will immediately lose the capital you used. Whereas here in the signal groups, there seem to be many exploitative people who can pretend to be victims just to find someone to victimize; that's what I really see there, honestly speaking.

[terrific]

In my trading journey, I've found that the foundation of signals is the key to success.

Really?
I don't think that's the foundation and key to success. What's key to success is your skill being a trader and your ability to gather information, analyze and read the market and its charts.
Relying on these signals won't do good to you, believe me. Just look how many people are telling that someone shouldn't get into these signals. Maybe you're right but as long as they're for free and you're not obliged to pay a premium or any membership fee then enjoy that perk.
But still, you are you on this one and when you trade, you're the one that should continuously learn on this market.

[Myleschetty]

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?

There's no way anyone can provide 80% accurate market prediction.
About Google reviews, it can be manipulated. What you need to ask yourself is that if the signal provided is 80% accurate why do people need to pay some amount for the team when they ought to already have enough money?
Instead of using crypto signals develop your trading skill.

[Issa56]

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.

Some of those reviews aren't real, they do pay people for positive review, but after paying for the signal and having wasted enough money on different trades, you will realize that most of those reviews are fake. Some people making reviews don't know anything about the signal providers, so don't be deceived by the reviews you see on Google.

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 haven't seen any signal provider group that is 80% accurate. all that I do see is completely rubbish, and they are just looking for people to force to join their group. I have seen a lot of signal provider groups that are advertising for people to join. I believe if they are real, they won't have to force anyone to join the group or make advertisement, people will locate the group and join, and I am sure groups like that will be free, they won't request money from anyone since the owner is already making money. If you wish to make a donation, you can do that, but they won't make it mandatory for people joining to pay first.

I do trade by myself, I don't trust all those signal providers. I cant waste my money and time searching for signal groups. The time which I waste searching for signal groups, I will use to improve my trading strategy. Most of these trading signals aren't really worth it. You shouldn't  depend on anyone, don't allow anyone to make decisions for you. Learn to do your thing yourself.

[Inwestour]

I don't think that's the foundation and key to success. What's key to success is your skill being a trader and your ability to gather information, analyze and read the market and its charts.
Relying on these signals won't do good to you, believe me. Just look how many people are telling that someone shouldn't get into these signals. Maybe you're right but as long as they're for free and you're not obliged to pay a premium or any membership fee then enjoy that perk.
But still, you are you on this one and when you trade, you're the one that should continuously learn on this market.

Even the most successful signal channels can fall on hard times. Imagine that while they were free everything was fine, but as soon as you pay for the subscription they have a series of unsuccessful transactions, what to do in this case? Probably not everyone will be ready to continue trading using their signals after this.

We should learn to trade without any signals, so not to depend on anyone else. I don’t know a single successful trader who would trade only using free signals and make a profit from trading, unless someone found such a group and kept silent about it so that no one would know about it. 

[libert19]

I do not. It creates dependence, plus you never know when your source starts giving wrong signals deliberately or starts making money of you.

[Awaklara]

I do trade by myself, I don't trust all those signal providers. I cant waste my money and time searching for signal groups. The time which I waste searching for signal groups, I will use to improve my trading strategy. Most of these trading signals aren't really worth it. You shouldn't  depend on anyone, don't allow anyone to make decisions for you. Learn to do your thing yourself.

it will be better for your trading ability. Those who often get stuck with trading signal groups are beginners who are actually lazy and don't want to lose at the start of their trading. or those who continue to lose money with their own trading strategies and have no progress. and the result is that they will be more confident in the trading signals given because it is more immediate for them. although I'm sure the accuracy won't be good enough to make a profit either.

I do not. It creates dependence, plus you never know when your source starts giving wrong signals deliberately or starts making money of you.

when you start to realize that something is wrong with the signals given from the group. then you might be too late because you are too dependent on the signal given. It may work at first, but it won't consistently give you profits.

Therefore, it is important for anyone who wants to use signals from certain groups to double-check our own abilities. Don't rely too much and believe on the signals given, there are many factors that will trap us in trading.

[Sebas.tian]

I never traded by those signals,
But, I seen many ads on Instagram of these type of signal providing telegram groups, but in the comment many users written that it's fake and it doesn't works, they are scammer, etc.
some paid groups take the fee and run away with our money. most of them are scams, and some who provides genuine signals are not gods or professional analyst they also are normal trader who rely on some indicators and share signals. which are sometimes wrong and sometimes right like we trade by ourselves.

I don't encourage traders to use those tools to trade their coins in the market, because many traders has fall victims for losses because they give full confident on trading signal without try to find out through their personal research to know the future of that particular coins in the market. I don't follow any signal share to me on Facebook or telegram when am about to trade in the market, but I will do everything possible within my capacity to hear from professional traders in this forum to check if the results am getting from my personal research is the same thing with the one I got from professional traders before I will decide what to do at the moment. Don't allow anybody to help you to trade your coins in the market than to learn from such traders so that you will be able to trade by yourself whenever the price hit higher in the market.

[Pandu Geddon]

when you start to realize that something is wrong with the signals given from the group. then you might be too late because you are too dependent on the signal given. It may work at first, but it won't consistently give you profits.

Therefore, it is important for anyone who wants to use signals from certain groups to double-check our own abilities. Don't rely too much and believe on the signals given, there are many factors that will trap us in trading.

Most of this happens to novice traders who have difficulty learning on their own. they are looking for a signal group to help them trade. Maybe because they are too dependent, they end up forgetting to do their own analysis or re-analyze the signals given. So those who follow trading signals will only follow the signals. and whether it is successful or not, if the signal is still followed by many people, it is likely that the signal is successful and that is an attraction to get more followers.
I know the group will not give just one signal to follow. they make several signals and of course there will be successful and failed signals. and there is also some re-planning when trades are deemed not to go according to plan.

[Hamphser]

I never traded by those signals,
But, I seen many ads on Instagram of these type of signal providing telegram groups, but in the comment many users written that it's fake and it doesn't works, they are scammer, etc.
some paid groups take the fee and run away with our money. most of them are scams, and some who provides genuine signals are not gods or professional analyst they also are normal trader who rely on some indicators and share signals. which are sometimes wrong and sometimes right like we trade by ourselves.

I don't encourage traders to use those tools to trade their coins in the market, because many traders has fall victims for losses because they give full confident on trading signal without try to find out through their personal research to know the future of that particular coins in the market. I don't follow any signal share to me on Facebook or telegram when am about to trade in the market, but I will do everything possible within my capacity to hear from professional traders in this forum to check if the results am getting from my personal research is the same thing with the one I got from professional traders before I will decide what to do at the moment. Don't allow anybody to help you to trade your coins in the market than to learn from such traders so that you will be able to trade by yourself whenever the price hit higher in the market.

If you are really that lazy and does really like to rush things up then most likely you would really be ending up with this kind of option on which you would really be considering on taking some trading signals on which you could possibly be able to read up or heard off without even trying out to reconsider whether its a good analysis or just simply with those blind speculations and really just that been attached with some Technical indicators just to make it look convincing and real. Just like the rest been saying that we should really be needing to realize that we are all speculators on here on which there's no way that a certain individual or trader would really be having those precision on predicting market movement and there's no way that they would really be just simply be sharing up if ever they would be able to do so. They wont really be wasting off their
time on telling those signals to people or co-traders if they are really that profitable in the first place or simply they could really be able to earn those money in a short time period.
Just making use of your own common sense would really be that sufficient for you to be wary on whats the real deal of things around.

[Dimitri94]

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 used to trade signals during the last Bull run in 2022. But in the end I wasn't too happy with my signal. I have seen in a few trades that the price moved a bit on the signal within the time frame they set but it stayed for a very short time so I didn't make much profit after taking the trade from there. However, I have found some evidence that the signal works. But as the market is now bearish, I no longer follow signals. Because at this time the price of any crypto will not increase easily. But I will try to take trades according to some signals in the coming bull run.

[Bitcoin_people]

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?

I have done many trades till now and have lost money and also gained. But I once traded with signals from a telegram group and then I got scammed. There I bought tokens according to their signal and then that coin was not pumping high but I lost money and many people suffered from that. Although there are some groups which give 80% confidence but I never trade according to that signal. I think investing according to other people's signals can never be profitable but in the future you may not know your own. So by practicing my knowledge skills later I decided to start trading and I was able to make good amount of profit later. That is why if a person works according to his own skills he can do well but depending on others will not be a smart person at all. And I think such signals are mostly wrong so I never use other people's signals for trading.

[jeha2015]

I do not. It creates dependence, plus you never know when your source starts giving wrong signals deliberately or starts making money of you.

There is some truth to being dependent on signals, so we are lazy to do our own research. But I personally sometimes also use signals to make trading decisions, and maybe some other traders also find them useful as a trading strategy. There are also other traders who may prefer to rely on their own analysis and do their own research before making a decision. However, for me it would be better if we used both, don't believe one hundred percent in the signal but we use the signal to compare with our own analysis so that we can make the right decision.

What is certain is that the signal is not always one hundred percent accurate, especially if the source is unclear. I mean, if we trust the signals too much, we may incur losses and miss the opportunity to buy or sell at the right time.

[Dzwaafu11]

Trading signals shouldn't be relied on all the time,  but should be used only as an alternative to personal research,  what I do most time is do my own research and build up my own trading techniques alongside using trading signals as a support for to my own personal efforts.

Actually, relying on signals is the worst thing a trader should do for themselves as it will make them lack deep knowledge on trading and signals don't work anytime as wanted because this thing is just something that was created to help us as an alternative when we want to do something that is related to its function; it was not created for us to live everything for, and that is what some traders don't understand completely, some traders do rely on signals completely as what will trade for them; they won't use the skill they have to support it, which is wrong. We need to understand that signals don't always work; we are the ones to set it up and be managing it.

There is some truth to being dependent on signals, so we are lazy to do our own research. But I personally sometimes also use signals to make trading decisions, and maybe some other traders also find them useful as a trading strategy. There are also other traders who may prefer to rely on their own analysis and do their own research before making a decision. However, for me it would be better if we used both, don't believe one hundred percent in the signal but we use the signal to compare with our own analysis so that we can make the right decision.

For me, the reason why I always think we should not use or rely on signals is that most people always love alternative ways that will ease their work, which is not the case, but the outcome of what you trust, you need to consider the kind of result such thing is generating for you, but people don’t do this analysis before they decide to use signals. Most people, once they are into trading and start using the signals, rely on them and leave everything for signals to do for them, especially beginners.
But those who have been in the game for a long time know exactly what will favour them.

What is certain is that the signal is not always one hundred percent accurate, especially if the source is unclear. I mean, if we trust the signals too much, we may incur losses and miss the opportunity to buy or sell at the right time.

It’s obvious, mate, that completely trusting signals may definitely result in losses as time goes on. You know, all these things are not 100% sure. That’s why we need to be careful with the types of signals we use; not all signals can be trusted.