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Author Topic: Do not trust all types of traders or signal providers for trading.  (Read 908 times)
gabbie2010
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May 07, 2026, 05:22:54 PM
 #101

I would only trust someone who has a long transparent and verifiable track record. You can lose a lot of money to traders or signal providers if you can't find someone reliable. Avoid traders who use leverage quickly especially if you are brand new to crypto. This is promoted as a way to make quick profits. But the reality is that your assets can be wiped out very quickly using this method.

So my advice is to work with someone who doesn't use leverage and who has a real verification track record.
The only way I can consider signal providers or services is if I can trade personally by myself thus I would only need them for validation of my trading setups, if their signal tallies with my setup I would trigger the buy or sell button else I would be on the sideline, I can never take the risk of relying on signal providers because many them make their money from the service they offered, if they have a track record of consistent profit earning I don't think it would be reasonable to sell their signal instead they would trade on their own to earn huge profits, lesson for any newbie in trading to learn how to trade first before using signals.

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May 07, 2026, 05:36:41 PM
 #102

I would only trust someone who has a long transparent and verifiable track record. You can lose a lot of money to traders or signal providers if you can't find someone reliable.

An easy way to lose money in trading is by looking for signals, and the reason is that most signals are not reliable. People buy signals, and at the end of the day, they still lose money. Someone may lose money buying signals and still lose the money they used for trading.If signals were as profitable as many people claim, many traders would not be complaining about losing money in trading or calling trading a very risky way of making profit in the crypto industry. Most of those selling signals are liars, and the money they make from selling signals is what they use to deceive others into believing they are making money from trading.

If anyone wants to enjoy trading, they need to stay calm, learn properly, and stop depending on other people’s signals. Everyone has a different strategy for making profit from trading. What works for one person may never work for another because some people trade with large amounts of money while using very small leverage, while others use high leverage.Most people who create memecoins rarely share their signals publicly. They usually keep and use the signals among themselves.

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May 07, 2026, 06:47:51 PM
 #103

Even if there are traders who convey honestly their analysis, we must still double-check all the results of the analysis not to eat raw signals or calls made by anyone, as a trader who has a deep concern in a trade, and does not play gambling in trading, he will always double-check every information that is spread.
A lot of novice traders miss this because they are deceived by the optimism of the predictor or too trust the words of others and it can be a boomerang in the future if they are trapped or wrong in making predictions.
 
And should not listen to anyone other than your own analysis.

For the fact that bitcoin still remains unpredictable is enough reason why we shouldn’t believe everything they told us about trading bitcoin or mastering the market cycle. Bitcoin is not controlled by anyone as there are so many factors responsible for the volatility of bitcoin, meanwhile most of this factors are not know to us so why should we trust everything someone told us about market price because they are mere speculations which is never a guarantee that it will happen according to their predictions.
The problem is that, the urge to make quick profits have made most people who jump into trading not to think well before taking such decisions. I don't need any signal group or mentor in trading because in the long run, you will definitely become a loser. Majority of traders are gamblers especially, those looking for signal groups and those using leverage to trade.

If we want to speak harshly then yes, we can assume that most traders are gamblers, they don't really trade properly.
 
To be honest, I am not too opposed to people looking for classes, groups or other groups, if the goal is for learning reference sources not looking for trading signals, or calls, or anything that smells of any open position orders, there is a lot of information that we cannot access as speculation material or study material in market sentiment, and there are not a few people who have access to a lot of information and like to share therefore this can be excluded.

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May 07, 2026, 07:09:55 PM
 #104

I would only trust someone who has a long transparent and verifiable track record. You can lose a lot of money to traders or signal providers if you can't find someone reliable. Avoid traders who use leverage quickly especially if you are brand new to crypto. This is promoted as a way to make quick profits. But the reality is that your assets can be wiped out very quickly using this method.

So my advice is to work with someone who doesn't use leverage and who has a real verification track record.
The only way I can consider signal providers or services is if I can trade personally by myself thus I would only need them for validation of my trading setups, if their signal tallies with my setup I would trigger the buy or sell button else I would be on the sideline, I can never take the risk of relying on signal providers because many them make their money from the service they offered, if they have a track record of consistent profit earning I don't think it would be reasonable to sell their signal instead they would trade on their own to earn huge profits, lesson for any newbie in trading to learn how to trade first before using signals.
Well in my opinion I don’t suggest nor support the idea of we taking signal from any signal groups if one has gain a lot of experience from the market or stayed knowledgeable enough but as a new trader to the system it won’t be a bad idea to join those signals groups for more experience and more insight of the market.
 But as soon as one gain much experience and knowledge then we should prioritize focusing on how to build our own set ups or come up with reliable strategies that will favor us in the market. Let be a self reliant trader and not waiting for other people set ups before we can trade or open a positions and we call ourselves a trader. 

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May 07, 2026, 07:31:35 PM
 #105

Even if there are traders who convey honestly their analysis, we must still double-check all the results of the analysis not to eat raw signals or calls made by anyone, as a trader who has a deep concern in a trade, and does not play gambling in trading, he will always double-check every information that is spread.
A lot of novice traders miss this because they are deceived by the optimism of the predictor or too trust the words of others and it can be a boomerang in the future if they are trapped or wrong in making predictions.
 
And should not listen to anyone other than your own analysis.

For the fact that bitcoin still remains unpredictable is enough reason why we shouldn’t believe everything they told us about trading bitcoin or mastering the market cycle. Bitcoin is not controlled by anyone as there are so many factors responsible for the volatility of bitcoin, meanwhile most of this factors are not know to us so why should we trust everything someone told us about market price because they are mere speculations which is never a guarantee that it will happen according to their predictions.
The problem is that, the urge to make quick profits have made most people who jump into trading not to think well before taking such decisions. I don't need any signal group or mentor in trading because in the long run, you will definitely become a loser. Majority of traders are gamblers especially, those looking for signal groups and those using leverage to trade.

If we want to speak harshly then yes, we can assume that most traders are gamblers, they don't really trade properly.
 
To be honest, I am not too opposed to people looking for classes, groups or other groups, if the goal is for learning reference sources not looking for trading signals, or calls, or anything that smells of any open position orders, there is a lot of information that we cannot access as speculation material or study material in market sentiment, and there are not a few people who have access to a lot of information and like to share therefore this can be excluded.
We must understand the difference between trading and gambling, trading cannot be done in such a way that it becomes gambling, we must understand the difference between trading and gambling such as discipline, risk management, skill, experience, knowledge and many more. Where gambling depends on luck, in the case of trading we have to make the right decision through a lot of research. But if we trade blindly without any skill, research, then it goes above luck and becomes gambling. So we have to understand these, they cannot be confused, and trading cannot be done wrongly, there is a lot of depth in the case of trading, if we make decisions without understanding it, it will definitely put us in loss.











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May 08, 2026, 09:32:42 PM
 #106

I would only trust someone who has a long transparent and verifiable track record. You can lose a lot of money to traders or signal providers if you can't find someone reliable. Avoid traders who use leverage quickly especially if you are brand new to crypto. This is promoted as a way to make quick profits. But the reality is that your assets can be wiped out very quickly using this method.

So my advice is to work with someone who doesn't use leverage and who has a real verification track record.

The fact is that there are a lot of misinformation on social media, to the extent that you might end up believing in their lies and if care is not taken you might end up falling into their trap and be their victim. But these doesn't mean that all the informations are fake or false but social media is full of deceitful individuals and even in reality. Copy trading actually doesn't end well in some situations, is not very trader that is successful in their trading and if you're not lucky enough you will end up meeting with the wrong people who are also struggling, and they might decide to keep you in the dark by telling you their fake wins in trading, just to charge you. As a trader you must be extremely careful about who to choose as your guidance.

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May 08, 2026, 09:44:21 PM
 #107

The only way I can consider signal providers or services is if I can trade personally by myself thus I would only need them for validation of my trading setups, if their signal tallies with my setup I would trigger the buy or sell button else I would be on the sideline, I can never take the risk of relying on signal providers because many them make their money from the service they offered, if they have a track record of consistent profit earning I don't think it would be reasonable to sell their signal instead they would trade on their own to earn huge profits, lesson for any newbie in trading to learn how to trade first before using signals.
They are not signals if that's your description. That is a mentor there to validate your setups because if it's with signals providers, you do nothing except follow what they are asking you to buy. Other than that you're the one to decide to trade and whatever signal they have provided you, that's it. No confirmation, no test, no verification because they'll easily say to you that before they have released the signals, they've made their tests already and you're the only one to confirm it by doing the actual trade. And so, most of these are being avoided and no need for any trials if they are real or not.

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May 08, 2026, 09:53:30 PM
 #108

I would only trust someone who has a long transparent and verifiable track record. You can lose a lot of money to traders or signal providers if you can't find someone reliable. Avoid traders who use leverage quickly especially if you are brand new to crypto. This is promoted as a way to make quick profits. But the reality is that your assets can be wiped out very quickly using this method.

So my advice is to work with someone who doesn't use leverage and who has a real verification track record.
And I consider this a really bad advice, what happens to one training him or herself sell enough to be able to trade effectively and like a pro?

Going to another trader, depending on them to trade and make profit for you is completely against what bitcoin and crypto in general represents.
We are being taught and encouraged to be self dependent in all of our investments goals and trading, somebody like myself will never want to take my money to anybody to trade for me, if I find someone who is really that good, I would rather implore the person to teach me to trade like him or herself, I don't mind spending money for this purpose, so long as I am very sure the knowledge is something I really need and would benefit me greatly.

So, I will advice everybody to try as much as possible to be self dependent, learn to trade on your own and don't risk your hard earned money in the hands of someone else who might even deliberately lose the money and come telling you stories knowing there is absolutely nothing you can do.

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May 09, 2026, 04:49:06 AM
 #109

I would only trust someone who has a long transparent and verifiable track record. You can lose a lot of money to traders or signal providers if you can't find someone reliable. Avoid traders who use leverage quickly especially if you are brand new to crypto. This is promoted as a way to make quick profits. But the reality is that your assets can be wiped out very quickly using this method.

So my advice is to work with someone who doesn't use leverage and who has a real verification track record.
What happen if the guy who have real verified track record happens to lure you in with their track record and gives you subpar trading signals though.
Nobody in this world able to trade and have consistent result throughout their life, having verified track record is good but its not a guarantee they will perform as better and not trying to trap you.

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May 09, 2026, 10:56:29 AM
 #110

The only way I can consider signal providers or services is if I can trade personally by myself thus I would only need them for validation of my trading setups, if their signal tallies with my setup I would trigger the buy or sell button else I would be on the sideline, I can never take the risk of relying on signal providers because many them make their money from the service they offered, if they have a track record of consistent profit earning I don't think it would be reasonable to sell their signal instead they would trade on their own to earn huge profits, lesson for any newbie in trading to learn how to trade first before using signals.
They are not signals if that's your description. That is a mentor there to validate your setups because if it's with signals providers, you do nothing except follow what they are asking you to buy. Other than that you're the one to decide to trade and whatever signal they have provided you, that's it. No confirmation, no test, no verification because they'll easily say to you that before they have released the signals, they've made their tests already and you're the only one to confirm it by doing the actual trade. And so, most of these are being avoided and no need for any trials if they are real or not.

If it truly worked and made profit he wouldn’t be shared the signal with others because it already worked for him and had been properly tested, he would probably already be a millionaire using his own signals alone. The reality is that no one will easily share a method that can genuinely make them rich and even if we see a signal provider giving good results, it’s often because the market is moving in their favor at that moment. Once uncertainty comes in, many traders will get rekt especially those who rely only on signals for trading. We should avoid becoming greedy just because we see someone showing good PnL from a signal because sometimes it can be a trap to lure people into using that signal for trading.

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Ayers
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May 09, 2026, 12:06:29 PM
 #111

I would only trust someone who has a long transparent and verifiable track record. You can lose a lot of money to traders or signal providers if you can't find someone reliable. Avoid traders who use leverage quickly especially if you are brand new to crypto. This is promoted as a way to make quick profits. But the reality is that your assets can be wiped out very quickly using this method.

So my advice is to work with someone who doesn't use leverage and who has a real verification track record.
The only way I can consider signal providers or services is if I can trade personally by myself thus I would only need them for validation of my trading setups, if their signal tallies with my setup I would trigger the buy or sell button else I would be on the sideline, I can never take the risk of relying on signal providers because many them make their money from the service they offered, if they have a track record of consistent profit earning I don't think it would be reasonable to sell their signal instead they would trade on their own to earn huge profits, lesson for any newbie in trading to learn how to trade first before using signals.

My question is, if you are already able to analyze and identify trading entry point on your own, why do you still need to use signal from signal provider?

In my opinion, that is unnecessary and offers no benefit. Because that will make you start to doubt your own analytical abilities and lack confidence in your own decision. Worse still, it will make you lazy and dependent on others.

If we do not know how to trade, we should take the time to learn, or better yet, stay away from it. Do not copy or trade based on other people's signal for any reason.

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jcojci
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May 09, 2026, 12:44:15 PM
 #112

I would only trust someone who has a long transparent and verifiable track record. You can lose a lot of money to traders or signal providers if you can't find someone reliable. Avoid traders who use leverage quickly especially if you are brand new to crypto. This is promoted as a way to make quick profits. But the reality is that your assets can be wiped out very quickly using this method.

So my advice is to work with someone who doesn't use leverage and who has a real verification track record.
What happen if the guy who have real verified track record happens to lure you in with their track record and gives you subpar trading signals though.
Nobody in this world able to trade and have consistent result throughout their life, having verified track record is good but its not a guarantee they will perform as better and not trying to trap you.
No need to rely on those who claimed have a good track record in trading since they can lose money anytime so they need to learn trading if they want to trade. They only rely on themselves and believe that they can be a pro trader which can makes a big profit. Having verified track record will not guarantee you that they will be like that for the most because the market will change and they also need to learn more about the market.

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May 09, 2026, 02:35:35 PM
 #113

So my advice is to work with someone who doesn't use leverage and who has a real verification track record.

People who are new to trading usually use signals from trading experts. Although they don't give the signals for free but charge some money instead. But if you want, you can see their track record and contact them very easily. Also every trader uses leverage, if you don't like to use leverage then invest. But those who are interested in trading by watching different videos, they should be most careful because not all influencers are trade experts. And they provide someone else's signal.
Can an experienced trader guarantee you a win? Or if someone is experienced in trading, it doesn't mean that he always profits from trading; they also lose a lot. They keep it a secret from everyone. They share profit videos because everyone thinks that if they follow their signal, they have no sure shot at profit. I never trade based on these social media videos because they are unrealistic, and scripted videos are just made for newbie traders. Not a small amount of money, they sell these signals at very high prices, and after buying their service, you can no longer contact them, and they can even block you. I have received much feedback from signal buyers. So I think, without believing these videos, analyze yourself. Start trading by following your own strategies.

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May 09, 2026, 09:27:22 PM
 #114

So my advice is to work with someone who doesn't use leverage and who has a real verification track record.

People who are new to trading usually use signals from trading experts. Although they don't give the signals for free but charge some money instead. But if you want, you can see their track record and contact them very easily. Also every trader uses leverage, if you don't like to use leverage then invest. But those who are interested in trading by watching different videos, they should be most careful because not all influencers are trade experts. And they provide someone else's signal.
Can an experienced trader guarantee you a win? Or if someone is experienced in trading, it doesn't mean that he always profits from trading; they also lose a lot. They keep it a secret from everyone. They share profit videos because everyone thinks that if they follow their signal, they have no sure shot at profit. I never trade based on these social media videos because they are unrealistic, and scripted videos are just made for newbie traders. Not a small amount of money, they sell these signals at very high prices, and after buying their service, you can no longer contact them, and they can even block you. I have received much feedback from signal buyers. So I think, without believing these videos, analyze yourself. Start trading by following your own strategies.
Why do we need to spend for others to be in profits without having guarantees that we will definitely be in profits as well? The moment we buy those trading signals, we are already at loss. Why? Because there is no sure thing with it, while we give them sure profits, but leaving us still trading having no certain outcome. And mostly, once we rely from other providers, we are trading at a loss.

The best solution is that we need to trade on our own and learn on our own. There's no wrong with trading from scratch, if that will also lead us to self-improvement and progress, until we find ourselves gained confidence in trading.

 
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May 09, 2026, 11:03:21 PM
 #115

They are not signals if that's your description. That is a mentor there to validate your setups because if it's with signals providers, you do nothing except follow what they are asking you to buy. Other than that you're the one to decide to trade and whatever signal they have provided you, that's it. No confirmation, no test, no verification because they'll easily say to you that before they have released the signals, they've made their tests already and you're the only one to confirm it by doing the actual trade. And so, most of these are being avoided and no need for any trials if they are real or not.

If it truly worked and made profit he wouldn’t be shared the signal with others because it already worked for him and had been properly tested, he would probably already be a millionaire using his own signals alone. The reality is that no one will easily share a method that can genuinely make them rich and even if we see a signal provider giving good results, it’s often because the market is moving in their favor at that moment. Once uncertainty comes in, many traders will get rekt especially those who rely only on signals for trading. We should avoid becoming greedy just because we see someone showing good PnL from a signal because sometimes it can be a trap to lure people into using that signal for trading.
That is right, a very good analogy. Someone who's good and have genuine signals won't be sharing that to anybody. They'll have it solo and enjoy the profit on their own without having to bother themselves sharing it to whoever they want to. Because for them what's important is to enjoy it first, make the most of it before they share or in actuality they'll never share it to nobody. But the reality is so harsh that none of them are genuine and they're only making money asking people to pay for their signals. It's an assignment for them that they're getting paid for without assurance and only done by their research.

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May 10, 2026, 09:58:35 PM
 #116

People who are new to trading usually use signals from trading experts. Although they don't give the signals for free but charge some money instead. But if you want, you can see their track record and contact them very easily. Also every trader uses leverage, if you don't like to use leverage then invest. But those who are interested in trading by watching different videos, they should be most careful because not all influencers are trade experts. And they provide someone else's signal.

As a rule, the main buyers of signals are beginners who do not have knowledge and experience, but only the desire to make money. And in most cases, they still lose money, even if the signals they bought are profitable, as they ignore risk management and consequently lose their deposit after one unsuccessful deal.

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