the thing that people should know about most of these paid groups are that, the signal giver doesn't even have any idea about their own signal, they just see some anomaly like sudden rise in trading volume as well as some good news and call it signal. its a good heads up for those that already observing the market in the first place and can see whether the coin have potential to ever rise, but definitely not something that anyone should just followly blind. thats why sometime you see some newbies went bankrupt,they choose to follow signal blindly, i've been following quite many signals in the past and its not a rare thing to see the prediction is miss.
these signal aren't financial advice, so better keeping ourselves from just flocking onto it, who knows the signal group owner might just be seeking for liquidation and you will become the food.
after all there are so many such cases that actually its quite an ordinary thing to see some signal group owner taking advantage of their member just for the sake of exiting the market.
What is often found in signal groups is that signal givers say there is a possibility, or they provide several possibilities that could happen in the analysis given to their followers. So actually the signal is still a raw analysis result and needs to be reviewed for anyone who wants to use the signal.
But for those who don't have trading skills, all they need to do is follow the signals they get. So the consequences of the risk are also quite large.
Indeed, we don't know whether the signal was successful or not. because those who join the signal group may also benefit from the group. we cannot assume all signal groups have bad intentions. but to reduce risk, we must increase our knowledge and skills in trading.