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Author Topic: Do you pay for signals? And how much ?  (Read 701 times)
GreatArkansas
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November 20, 2023, 11:47:11 PM
 #21

Dlyou pay for signals? And how much ?
What's your monthly expenses for trading signals? Yearly?
I don't pay but i read alot people pay for signals so how good results If this ?
I do not know if many people are paying for signals, but if we conduct a survey on 100 traders, if 50 are newbies and 50 are old traders. The traders that make use of signals most would be newbies while hardly will use see old traders still using signals, because signals will fail and they will understand why not to use signals. So do not bother to use signals, learn how to trade and use the amount of money that you can afford to lose to trade.
Yep, trading signal groups are famous among newbies, people who are too lazy to learn to trade on their own. For me, if you are a newbie, it's not good.
But not all trading signal groups are bad, because there are some groups that will teach you trade like sometimes they are explaining why they come up on that trade.

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November 20, 2023, 11:56:51 PM
 #22

Dlyou pay for signals? And how much ?
Never, not even a cent

I don't pay but i read alot people pay for signals so how good results If this ?
Those who pay for them are clueless and shouldn't probably be trading since they are too lazy to even learn technical analysis. If they tell you that they have good results, they are probably lying so that they can lure you into becoming their referral to earn some kickbacks.

Most of the trading signal groups are scams and the only way they earn is through your subscription fees. Hell, they can't even earn through their very own "accurate signals" which means there is something completely wrong, or they are simply just lying.

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November 20, 2023, 11:59:55 PM
 #23

If you want to maximize your profit, I guess you can pay for signals. But if you're a normal trader looking to just make a profit off of the differences of the daily trading volume, I don't think there is a need for you to pay other people for signals. They sell it for a reason, and that reason isn't to be generous to other people and share the knowledge but rather make money off of people who are dependent to other people to make informed decisions for them.

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poodle63
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November 21, 2023, 12:42:48 AM
 #24

Dlyou pay for signals? And how much ?
What's your monthly expenses for trading signals? Yearly?
I don't pay but i read alot people pay for signals so how good results If this ?
I do not know if many people are paying for signals, but if we conduct a survey on 100 traders, if 50 are newbies and 50 are old traders. The traders that make use of signals most would be newbies while hardly will use see old traders still using signals, because signals will fail and they will understand why not to use signals. So do not bother to use signals, learn how to trade and use the amount of money that you can afford to lose to trade.
Yep, trading signal groups are famous among newbies, people who are too lazy to learn to trade on their own. For me, if you are a newbie, it's not good.
But not all trading signal groups are bad, because there are some groups that will teach you trade like sometimes they are explaining why they come up on that trade.
true its all come back to the group owner, sometime there are some people that might give some knowledge for their member but some also will just giving what you pay for.
usually its after few years that the group went shit and the signal become inconsistent and useless that they start to give some redflag towards their own group basically trying to profit off member by doing something like pursuing you into buying some shitty coin so that they can cash out only when that kind of thing occurred that it become quite problematic.
only use signal if we don't have clue about how to make analysis and still have insufficient knowledge otherwise do our own analysis only then we could profit more from our trades not just depending on some random stranger , nobody in this world will try to make you rich instead they will make themselves rich.

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November 21, 2023, 01:28:35 AM
 #25

Dlyou pay for signals? And how much ?
What's your monthly expenses for trading signals? Yearly?
I don't pay but i read alot people pay for signals so how good results If this ?
I've been trading for almost 2 decades now and I've never paid a dime for trading signals. The internet is resourceful enough, so I wonder why I would need to pay for signals when I can get them for free and still continue to learn from different sources to build my trading skills. I only made sure that all the sources where I learned were the best when I was learning and that helped me so much rather for learning junkies or paying for such in the name of both training and signal providing.

To make matters worse, I've seen a few people who paid over $2,500 monthly for signals, while some bought expensive software, bots and custom indicators, and in the end, it failed them. How painful could that be? What I also learned in the course of the years is that paid signals/services in trading are not better than free ones. Yours is to locate the right free ones and you are good to go. I learned trading through many sources for free but it took years of painstakingly looking for such sources. Unfortunately, those good tutors and providers are no longer in the reachable and they don't have a social media presence or commercialize their service. These guys focused on teaching rather than money-making then, they are not like the all-money presence we have now.

Still, we should not crucify those who paid for signals or trading services, once they derive their satisfaction there, and you can never know if the end justifies the means. If not, no one would tell them they are wasting time and they will quietly quit the service.

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November 21, 2023, 01:33:43 AM
 #26

I advice don't pay for signals just learn your own strategy for the better
Mostly trust your own Technical analysis
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November 21, 2023, 05:52:43 AM
 #27

If you want to maximize your profit, I guess you can pay for signals. But if you're a normal trader looking to just make a profit off of the differences of the daily trading volume, I don't think there is a need for you to pay other people for signals. They sell it for a reason, and that reason isn't to be generous to other people and share the knowledge but rather make money off of people who are dependent to other people to make informed decisions for them.
Signals are not to maximize profit, it may actually bring profit and it may bring loss, but the signal providers will earn money from people that are buying. The signal providers only care about the money and not the signals and it can be a way for someone like newbies that think it is a way to make money to lose money instead. If you want to maximize your earning from trading, learn trading more and not depend on signals.

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November 21, 2023, 05:56:03 AM
 #28

Dlyou pay for signals? And how much ?
What's your monthly expenses for trading signals? Yearly?
I don't pay but i read alot people pay for signals so how good results If this ?

When you pay for a signal, it means that you immediately fell into their trap; in short, woe to those who believe and participate even if they have paid. Do your research beforehand.

Second, you should know what to do if you want to know something first; in fact, Google is there so you can get different ideas about things like that. Just be careful and don't just believe in such signals because most of them are short-lived and only deceive the community investors who will believe them.

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November 21, 2023, 06:56:50 AM
 #29

No, I do not pay for trading signals. I would rather teach myself about trader analysis than have to pay for signals. I once came across a trading signal group but they asked for a very large monthly subscription fee. I feel it would be better for me to use the money to trade and learn trading analysis.

Even though the results of the analysis I carried out were not accurate or I still experienced losses, at least I learned something. If I buy a coin and the price goes down, I'm better off holding it for a while and looking for another coin with more potential.

You have to be careful if you want to follow trading signal groups. Many trading signal groups claim their signals are accurate but it turns out they copy signals from other groups. They only use subscription money from their members.

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November 21, 2023, 07:33:16 AM
 #30

The average price is 20 USDT/month subscription to premium crypto trading signals, and I've only subscribed once. It's true,,, they have more signals in the VIP or Premium group, but you still have to be cautious because not all VIP signals provided have good accuracy. Sometimes, it's just an illusion where the total ROI when the report is issued is just an accumulation of signals from the previous month. And don't think everyone in those VIP groups is rich... there are still many people with weak hands who join such VIP signals and end up losing.

VIP signals really don't guarantee you a definite profit... they just expand your options for buying coins available in the market. Sometimes, you might feel confused if you don't have a good grasp of the market, so proceed at your own risk. If you don't mind spending 20 USDT for a month, why not give it a try? I think everyone has a different perspective on this. Maybe I'm not suited for crypto VIP signals, but you might be and even make significant profits there. Who knows?
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November 21, 2023, 08:19:14 AM
 #31

Nah, it's not worth and I don't believe in the concept of these signal and infact I had created some topics in past against the premium signal providers. It's newbie or even seasoned sometime fall for their trick in the greed of quick money but ends up disappointed and I have come across channels promising that we will get our membership fee within one day of trading if that's the case then why not they accept payout once a user earn the amount equals to their membership fee, they indulge into heavy marketing and deceiving practices to pool in users. We should rather learn trading and reading candles and market sentiments though slow and steady it will help on long term.









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November 21, 2023, 08:24:25 AM
 #32

Where did you read that a lot of people pay for signals? I doubt that it is here in the forum. There are a lot of people who tried it but didn't stay active because they might have thought that it didn't work, which is most cases but there could be people who are successful in it but there are not so many that show though.

If you are even willing to try for it, I think there are free signals but I think that would be even more worse quality, but IDRK.

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Altryist
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November 21, 2023, 09:49:09 AM
 #33

Where did you read that a lot of people pay for signals? I doubt that it is here in the forum. There are a lot of people who tried it but didn't stay active because they might have thought that it didn't work, which is most cases but there could be people who are successful in it but there are not so many that show though.

If you are even willing to try for it, I think there are free signals but I think that would be even more worse quality, but IDRK.
These are the misconceptions that a beginner faces, they find paid groups that can give some kind of free period for testing, they see that there are many subscribers there and come to the conclusion that some of them bought a subscription to the channel. I even know one person personally who bought a subscription to one of these groups, he traded for some time, but with the beginning of the bear market he went into a deep hold with all his altcoins, so there are still those who buy subscriptions to paid signals.

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November 21, 2023, 10:31:14 AM
 #34

To be honest, paid trading signals are not reliable as they are. They can be tempting for beginners because most of them would want quick profits, but as what I've heard, they are not working but only push these newbies to still lose in the end. The reason why I don't pay any trading signals even before and just decide to trade using my own developed trading signals which I think will certainly work on my trades.

Exactly. Trading signals doesn’t work, and even those who get profit from signals are old traders' because they have their knowledge, so the reason why they use signals is to assist them. So the reason why beginners cannot make any money from trading signals is because, in my opinion, trading signals are made to assist traders when trading, not to rely on them, and you know a newbie that doesn’t have knowledge will definitely rely on signals, and we all know signals are just like artificial intelligence; they don’t work anytime.

Quote
However, there might be some paid trading signals that may be working but they are only good at first, and they do not guarantee that you will not end up losing to most of your trades.

Yes, even if they bought it newly, there is no guarantee that they will always let the user be in the gaining part. All the time, you will still lose, and as time goes on, it will stop working completely. However, trading signals that are still working are not many; again, in fact, 100% of signals, we may have 30% that are working as wanted.

R


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November 21, 2023, 11:43:52 AM
 #35

Dlyou pay for signals? And how much ?
What's your monthly expenses for trading signals? Yearly?
I don't pay but i read alot people pay for signals so how good results If this ?

Although, I used signal when I was trading but I don't pay for signal because many trading signals are available for free on the internet despite that not all of them are reliable and is better you do your own research and not rely solely on trading signals to make investment decisions.

Actually, paid signals may be more reliable and accurate than free signals because they may be more specific and tailored to individual needs but eventually, there's no guarantee that they will be profitable. There are many signal providers out there and not all of them are created equal and besides some may even be scammers. Paying for signal makes one to be very lazy in doing there own research.

R


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BABY SHOES
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November 21, 2023, 02:26:53 PM
 #36

I think the average user here doesn't pay for any signals they trade on their own without involving signals that give them which coins to buy and when to sell, most of them never do that.

But you know what the average price is? Have you asked the admin of the signal? Because I myself don't know anything and very rarely get involved in trading not never it's just that now focusing more on HODL than trading I don't want to take more risks so I don't do it at this time.

I have only ever joined a free trading channel that is commonplace there are many in the telegram channel but there is a note below that if you want to become a VIP part you have to contact the admin so you never do that because you know the VIP signal is actually not 100% accurate but still many people believe and join it.

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November 21, 2023, 03:11:00 PM
 #37

Dlyou pay for signals? And how much ?
What's your monthly expenses for trading signals? Yearly?
I don't pay but i read alot people pay for signals so how good results If this ?
It's bullshit concept who wanna go to buy trading signals to success in trading, Many Newbie's member can be waste their money for paid signals but I believe Experienced traders will never follow such scam signals. I trade in my way then if lose also it's my satisfaction but i do not the following free or paid group signals.

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November 21, 2023, 03:19:47 PM
 #38

About 5 years ago there can be find a tiny piece of login in buying signals, when new projects poped-up and get listed in bulk daily; the times of ICOs and pump and dump. Today, when the information about crypto becomes more and more available from day to day, when people learned how to read price directions and experienced in making predictions, paying for a single is useless. Pump and dump happens rarely, but buying a suggestion (that anyway will be known to everyone in few days) about investment is stupid.

R


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rhomelmabini
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November 21, 2023, 03:25:07 PM
 #39

Dlyou pay for signals? And how much ?
What's your monthly expenses for trading signals? Yearly?
I don't pay but i read alot people pay for signals so how good results If this ?
No, pretty sure they're expensive and it's just for whales as far as I know to those legit trading signals out there. Just hustling and no paid signals, you'll get the process of trading when you're not into those signals. These signals are to those who really want to go through with it everyday, the attentive and even though there's signals for you you'll surely still not get all of it, you'll surely miss some.
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November 21, 2023, 03:32:20 PM
 #40

Dlyou pay for signals? And how much ?
What's your monthly expenses for trading signals? Yearly?
I don't pay but i read alot people pay for signals so how good results If this ?
Basically traders who are not old will never use signals to trade. This type of signal is usually used by beginners without realizing it. I myself don't use signals with trading. I would not recommend anyone else to use Signal. So we all should check the market ourselves and then trade.  Do not rely on signals to trade.

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