Do you pay for signals? And how much ?

[LogitechMouse]

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 tried when I was still a newbie to pay to join these Telegram channels that offer paid signals to their subscribers.
Long story short, I didn't make any profit because they are giving the signals minutes after the coin is pumped, so in short, there's a delay, and if you want to receive that signal on time, you need to pay more. Luckily, I didn't do it. I think I paid only $5 for that and it's a good thing that I only give them a small amount.

Welcome to the internet world where anybody can say anything without any proof. A lot of people pay for signals you say? Maybe they're just newbies who want to go the quicker route. They don't want to spend their time learning how to trade without the use of these stupid signals. Most of them are just scamming people. Only newbies are paying for these signals, and only newbies are falling into this kind of trap. I don't want to do what I did last time (to pay and join these signal groups).

TBH, I don't know if there is somebody here who gained profit in the long run with the use of these paid signals. Is there anybody here? I believe still though that there might be some signal groups out there who are kind of legit, but profit isn't certain, and you can still incur losses.

[Essential10]

When we trade we get signals from different places. Many people do not understand what the signal is. Those who are new actually do not understand what is said in the signal but those who are of professional level understand everything. They lose money in the maximum case because they can't really understand what kind of information the signal is actually trying to convey. Let's say I'm trading Bitcoin by choosing a certain time. Now you know how to understand whether the price of Bitcoin will increase or decrease, basically it's just an idea. In which there is a chance of profit loss fifty fifty we cannot call it trading we can call it betting. I think only training is applicable for those who have more money.

[Rruchi man]

Dlyou pay for signals? And how much ?

Some people may not directly be paying for signals, but have paid for it unknowingly when they paid the fee to learn trading from a company that teaches it.

Some of these companies send signals to their students, so they can also benefit and be in profit while they learn trading. It is not a bad idea from these companies but the drawback is that some of the students receiving these signals may become dependent on these signals and not focus on developing their own trading skills to the level where no longer will need to depend on these signals.

[Z_MBFM]

Dlyou pay for signals?

No i Don't. Because i don't like trading by following signals

And how much ?

Zero (0)

What's your monthly expenses for trading signals? Yearly?

It depends on what group or channel you are joining. They basically work like a chain like if you join the 1st group then suppose the monthly cost is $200 which is a huge amount then you open a group or channel and start business you charge $100 per month. After that someone from there created a group and started forwarding the signal for $50.  That's basically how they are as far as I know.  Very few groups receive different signals and all the rest are forwarded with the same signal

I don't pay but i read alot people pay for signals so how good results If this ?

They often bring good results but sometimes face huge losses. So don't depend on them, do your own research or invest long term in strong currencies like Bitcoin.

[AnonBitCoiner]

Newbies when enters into the market then they don't understand things therefore they try to use signals as they don't have any information then that for some signals you will only pay money but they will not accurately work. New commers and those who don't have any time to analyse the market often use signals. Once a person spend lots of time in trading then he can use his own knowledge just for getting benefits from trading. There are so many other signals groups which don't ask for any amount therefore if one try to use that signals then he can realize that whether signals works good or not.

[Latviand]

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.

Of all that have replied, you've done the most neutral although most skeptical take on this topic. I do think that signals are too good to be true and I do think like most of the replies that premium signals are a waste of money and they're definitely selling it not to help anyone, of that last part I am sure. Now, I've seen that most of replies are a no, now I am curious as to who's on the opposite side: the people that are paying for signals. I want to know what's on their mind and why do they do what they do and if they are really getting a profit from their trade with the help of premium signals.

[Sim_card]

Looking for trading signals and paying for it, shows that you are not a trader but a gambler because you don't have the idea of what you are doing but you are only trying your luck. It is better to learn all that is needful to be a good trader gradually, than thinking that you can use what you don't understand but depend on someone or some group to make profit. It you don't understand trading, think on investing and hodli your investment as that is more easy compare to trading. I don't believe in signals because most times they are fake, and they are just there to scam you because they know that you are eager to make quick profit.

[dunfida]

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 tried when I was still a newbie to pay to join these Telegram channels that offer paid signals to their subscribers.
Long story short, I didn't make any profit because they are giving the signals minutes after the coin is pumped, so in short, there's a delay, and if you want to receive that signal on time, you need to pay more. Luckily, I didn't do it. I think I paid only $5 for that and it's a good thing that I only give them a small amount.

Welcome to the internet world where anybody can say anything without any proof. A lot of people pay for signals you say? Maybe they're just newbies who want to go the quicker route. They don't want to spend their time learning how to trade without the use of these stupid signals. Most of them are just scamming people. Only newbies are paying for these signals, and only newbies are falling into this kind of trap. I don't want to do what I did last time (to pay and join these signal groups).

TBH, I don't know if there is somebody here who gained profit in the long run with the use of these paid signals. Is there anybody here? I believe still though that there might be some signal groups out there who are kind of legit, but profit isn't certain, and you can still incur losses.

Most of the time you would really be that becoming an exit liquidity with these kind or type of groups on which they would commonly be targeting into those newbies or who are just new into this venture or career.
Due to lack of knowledge and awareness or simply with experience then we do easily get victimized or easily be hooked up because of lacking knowledge but as the time goes by when we do able to
get some experience and knowledge then we do able to realize that it isnt really something needed considering that we could really be able to make our own trading analysis on our own and its free of charge.
It do only consumes out time and effort on which you could really even make things more better than with those groups.

It do all matters with your own effort and time to be spent because you wont really be able to make one if you are really just that too reliant with others or simply being
that too lazy when it comes on doing things. You would really be finding yourself on great trouble if you are really that too careless
on making decisions just simply you are rushing up on making money? thats totally a mess.

[Timmzzy]

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 ?

Please I will like you to Go through what you wrote here, it's not all about asking questions but try to go through what you wrote and Also read it to see if it's cool in your ears. You asked monthly and still put YEARLY at the end of it, like this is confusing... O.P

[mirakal]

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 ?

Most likely, those who pay for trading signals are those who are very eager for quick profits. Those who prefer to rely in other trading signals than rely in their own selves through constant studying in the market and frequent practice in the market. Trading is hard but is obviously learned, that's why I don't resort into paying these signals as they don't still guarantees the success of my trades. I prefer to lose at first but has learned my lesson, as that will motivate me to improve my trading performance and develop more skills and working strategies in trading.  

However, I'm not saying that those who pay for signals are not profitable. Yes, they may be in profits but that will not help you build yourself as a good and reliable trader. Trading is a mental activity, and you should learn it the hard way if you aim for long term success, not for short term success.

[TelolettOm]

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 ?

Now, I am not doing it. But, I ever did it at the past. It was around $150 yearly. And I only joined it once.
When compared to free signals, in APID Signals there is more data and signals provided every day. If the free signal only provides 1 signal, in the VIP signal there can be more than 4. There is also some important information regarding market conditions and possibilities that will occur. they share and can be contacted for consultation. So, this may depend on each provider.

However, in reality, if we don't really understand the indicators, indicators and other knowledge about them, it will still be difficult to implement these signals. So, you could say that its effectiveness is very low so it doesn't have maximum success. So, it is better to understand the indicators, analysis and trading itself rather than relying on paid signals.

[dansus021]

you should read this thread before you join any kind of crypto signal https://bitcointalk.org/index.php?topic=5472669.80

To be honest, I joining multiple signals back couple years ago although im started to delete all the channels and exit from the group it is because simply drove my emotions back and forth and the result is not like they advertising it. It is always better to lose by my own signal than use a paid premium signal.

I used to pay 3-4 group signals and what you have said is exactly what they doing. The last signal that I paid came from the instagram ads and basically they want my profit and ending up the signal provider is run away from my 100$ deposit what a joke. after all happened Im not going to buy crypto signal again

[Sebas.tian]

I don't use signals in my crypto trading, and I don't pay for signals for what I didn't use in the market, because I only buy Bitcoin and other cryptocurrencies when the price is low and wait for the price to increase higher to my satisfaction before I will trade to make a passive income. If you look very well in the community, you will discovered that newbies are the ones concentrate on paying for trading signal because they believe that is the best option for them to get it right, until the signals fail them at the end before they will learn how to be more focus on this forum and market alone. I will advice you to always carry out your personal research to know what is happening in the crypto market before trading your coins and it will help you to avoid so many things that will lead you to loss in the market.

[Strongkored]

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'm no longer using long enough signals either free or paid because it's just making an extra charge on my trade, which actually doesn't work as effectively as advertised by the signals owners, and the signal will just make our trading skills dull because there's no longer a desire to learn, or even evaluate every move that's already done because it always depends on the given signal, and usually only the newbie trader is tempted to spend money using the signal because tempted by promises of big returns while that is not entirely true, and the trader who wants to make his trading skills grow better keep it away or if he still wants to try then he has to keep doing his own analysis and the signal is not the main benchmark making decisions in the trade.

[Fuso.hp]

First of all if someone gives me a signal for free then I won't accept that signal and far from paying for trading signals. We have brains and should use those brains not rely on our signals like robots. Those who are giving you trading signals and those who are taking money from you in exchange for giving trading signals are but common people have a brain just like they have a brain so why should you be a human being and buy trading signals from another human being. There is no point in trading depending on others where money is involved.
I am not in favor of trading by taking other people's signals from the beginning. I will try to apply as much as I know and if I get even a little success from that application, then that success is a big thing for me. I don't wait for others' signals and I don't pay anyone for others' signals.

[inthelongrun]

In the past, I am against paying for signals. But when I became busy with other stuff, I decided to give it a try but only to those people I knew even online. Most payments I made in the past were $10 dollars per week. But it always ended with me not profiting. I only profit in the early part and then times when the market is becoming much more difficult and the usual indicators these people are using are not effective anymore.

So I don't advise people to pay for signals. We better study on our own and make our own trades. Because most of these traders offering signals are most likely earning money from their subscribers. Even lately when the market seems bullish, I see a lot of advertisements and people conducting paid trading seminars. If they're very good, why waste their time and make efforts to conduct paid seminars when they can just travel and have fun while trading?

[bayu7adi]

In the past, I am against paying for signals. But when I became busy with other stuff, I decided to give it a try but only to those people I knew even online. Most payments I made in the past were $10 dollars per week. But it always ended with me not profiting. I only profit in the early part and then times when the market is becoming much more difficult and the usual indicators these people are using are not effective anymore.

So I don't advise people to pay for signals. We better study on our own and make our own trades. Because most of these traders offering signals are most likely earning money from their subscribers. Even lately when the market seems bullish, I see a lot of advertisements and people conducting paid trading seminars. If they're very good, why waste their time and make efforts to conduct paid seminars when they can just travel and have fun while trading?

Yeah...this actually makes sense, but in some cases, there are signals that show good accuracy, and it's not worse than having to learn on your own, going through the trial and error phase. Have you ever felt like losing continuously and just wanting to experience a win in trading? It's not wrong to use signals as our guide, but relying solely on signals is a big mistake.

We won't be able to grow our mind and skill well if we only depend on someone (signal) recommendations. As much as possible, we should also be able to create our own recommendations while considering others' suggestions, treating other perspectives as references.

Also I see some important to note that some signal provider gives good reasons for their decisions. From there, we can learn to make decisions that aren't too different from those made by the signal provider,,

[taufik123]

-snip-
It's not wrong to use signals as our guide, but relying solely on signals is a big mistake.

As a guide to hone trading skills to be better.
Because some signals given indicate buying at supports that have been determined by technical analysis.
It's not bad enough than just using instinct.

Also I see some important to note that some signal provider gives good reasons for their decisions. From there, we can learn to make decisions that aren't too different from those made by the signal provider,,

Signal providers that provide complete education can be a good reference, because not only provide signals in the form of buying and selling figures,
but there is technical analysis with charts and indicators used.

But not all signal groups provide this kind of education.
There are many free signal groups and only aim to trap others and take advantage of such traps.

[Awaklara]

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 ?

indeed some pay for the signal. but still, signal accuracy cannot be determined by whether you pay or not. Maybe in paid groups, they can ask for analysis on certain assets when members ask the admin to analyze assets. It's not the admin who gives the signal.
Those who previously paid will feel the free signal provided. and maybe it works and makes them interested in paying with an offer that is of course more exclusive.

[Hamphser]

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'm no longer using long enough signals either free or paid because it's just making an extra charge on my trade, which actually doesn't work as effectively as advertised by the signals owners, and the signal will just make our trading skills dull because there's no longer a desire to learn, or even evaluate every move that's already done because it always depends on the given signal, and usually only the newbie trader is tempted to spend money using the signal because tempted by promises of big returns while that is not entirely true, and the trader who wants to make his trading skills grow better keep it away or if he still wants to try then he has to keep doing his own analysis and the signal is not the main benchmark making decisions in the trade.

Added expense or additional spending on which i dont see for it to be needed or compulsory because the signals you are getting is really just that likely that you could really be able to make your own.
It is really just that there are people who are really that lazy enough for them to have this kind of consideration on paying up just to get some signals which arent not that worth on paying into.

In all the time that i've been doing trading specially into those early times on which im starting up, then i do make myself as a self learn. Yes, its a slow process or way of learning
but something that really worth on the time that you could really be having a good grasps into it. It is really just that a matter of dedication and seriousness on how
to learn up things specially on dealing on a market which is really that totally random and unpredictable.