Can the signals of Twitter accounts be trusted? - page 2.

Potato Chips

hero member

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yesssir! 🫡

But have you seen this disclaimer?

Quote from: predict-price.com

Note! All of the predictions are based on daily price changes and none of other external effects such as news, companies’ situations, and different events are not taken into account. So, you really need to consider all factors before you make any decision. (choose the best option by considering all factors) Please pay attention to the predition dates and the validity range of the predicted prices.

Cryptocurrencies are greatly influenced by these external factors therefore it's not advisable to go blind with this. and if you were to only take this as a reference, wouldn't it be better to use something that tells you how they came up with this and that speculation? for bitcoin there is our speculation board (https://bitcointalk.org/index.php?board=57.0).

Lastly, the internet says nahhh to these claims. Check whois+their lack of online presence in other platforms

Quote from: https://predict-price.com/AboutUS.html

As an expert group in Artificial Intelligence field, we have been working since 2015. We developed Predict-price sturt-up in 2018.

Quote from: https://www.whois.com/whois/predict-price.com

Registered On:2021-04-01

However, the whole website looks very familiar to me. I think a similar website has been shared here before...

sheenshane

legendary

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Quote from: mimomimo on October 18, 2021, 04:56:43 AM

What do you think?

I think they are just the same on Telegram's social media platform.

There's nothing wrong if you use them as your reference in trading but as an alternative source and don't rely on them. Keep in mind that no one can predict the crypto market price, if there's someone who can manipulate the price, it's them, the pump and dump group will most likely be a crypto signal group.

Be cautious joining on that group or I think the better you will stay away from them and do your own research instead.

sovie

sr. member

Activity: 1274

Merit: 265

Quote from: mimomimo on October 18, 2021, 04:56:43 AM

I do not have much experience in the cryptocurrency market. I try to read different opinions.
To do this, I spent about 4 months checking different Twitter accounts.
Many people just thought of buying at any time, which I did not think was right.
But some of them were very right with little error.
I am writing a few links. Pay attention to their dates and what their writing time is.

https://mobile.twitter.com/predict_price/status/1444042274216808449

https://mobile.twitter.com/predict_price/status/1440595724786278402

https://mobile.twitter.com/predict_price/status/1430445262724599812

What do you think?

When it comes to all social media and Telegram, the only thing that may be useful for you is the review of project. Unfortunately, 99% of any people claiming to be trading experts or signal groups are unfortunately just a scam. They themselves buy tokens or coins cheaper earlier, and then persuade others to buy them, claiming that their price will surely increase. In fact, they are not sure if it will happen, and they only do it to make people buy and increase the price by their activity, and then they sell.

stomachgrowls

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Quote from: mimomimo on October 18, 2021, 04:56:43 AM

What do you think?

It isnt really that bad on making out decisions whether you do deal up with those signals or would just simply observe and its up to someones taking or personal decision whether you do apply it on your

own analysis or not but be cautious on not to follow each one of those suggestions or hints or signals because on the time that it would went wrong then you would really basically regret.

Nothing beats out the feeling when you do commit a mistake and then there's no other to blame but yourself since its your own analysis and not just following on someone.

RapTarX

hero member

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Most of the twitter handles do shilling on the platform because they hold that specific coin/token & they want you to get in as well. I was a little active on Twitter for a while and was surprised after observing a lot of amount of shilling. Before you go for investment, you must have done your own research. Other people may be expert but that won't make you an expert for sure.

Myleschetty

member

Activity: 1162

Merit: 78

Can signals provided on Twitter be trusted?
No, either it is from telegram (the marketplace of scammer), Facebook, Reddit, etc. It cant be trusted cause it will always be the venue where people's trust is abused but you can follow the analysis decision of influencer people like Willy Woo just to compare your own trading before making a decision cause it is very important to aways to your own research

michellee

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🐺Spinarium.com🐺 - iGaming casino

You can trust or use any signals from Twitter, Facebook, or you named it, but if you do not analyze by yourself, I am afraid that someday, you can lose your money because of wrong analysis. Most groups or signals account are wake up if the market shows a good movement, such as bitcoin price are trying to rise after it sleep for some time and they offer their analysis to people to use it and some of them require you to pay for their signals.

That is my suggestion because if you watch for the other signals in social media or telegram, they are almost using the same format in the signals, so I suspect that those groups or accounts collect the signals from the others.

Husires

legendary

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Merit: 1284

Avoid listening to twitter accounts when you want to invest, especially in altcoins. There are hundreds of signature campaigns that pay these accounts to retweet and make the tweets look realistic.
Investing in all altcoins (except a few) is not always profitable and the price must go down at some point.
Investing in bitcoin is profitable if you buy when people want to sell and vice versa.

mimomimo

newbie

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Quote from: bL4nkcode on October 18, 2021, 05:29:09 AM

Signals from a newly made twitter account? Where did you find that account in the very first place. It will be considerable if signals came from an account with millions of followers, but that doesn't change the fact that signals can be trusted. Anyone can make it with their so called TAs.

On your 4 months checking on twitter could have been very useful if you have been educated on trading, made a research, and learn from different kind of trading strategy and tried it. Most of the time, it's an trial and error.

Thank you for your answer.
Usually old accounts with a lot of followers are always in favor of one with a few coins.
And it is very unlikely that they will say anything negative about Quinns.

examplens

legendary

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Quote from: Oshosondy on October 18, 2021, 05:04:32 AM

This is just another way to advertise signal groups (I did not click on the link and will never click on it). Paid signal groups are easy place to scam people. Learn trading and have experience and never depend on any third party to avoid scam.

There is nothing spectacular, only ordinary links to a Twitter account, there is no risk even if you click on it. btw. Trading signals on BTC/USD pairs can't be easy manipulated by a small group of traders.
Obviously, OP here promote his Twitter channel, but for some reason, he hides as the owner or is afraid to say that it is his prediction of market movements.

Quote from: mimomimo on October 18, 2021, 05:28:13 AM

Thank you for your answer.
But I really do not understand how these models of tweets can be scams.
Because they do not receive any money from us at all and only give their own predictions.

This Twitter account has 14 (fourteen) followers, created in August 2021, so just 2+ months of life. Do you really think anyone can view him as authoritative and competent?
Yes, there is still no scam intention, but it is certainly not worth paying attention to.

if you really want to do market analysis, maybe it's better to start from here (from the forum). Give some explanation why you think something will happen, you will certainly get more concrete suggestions and useful advice. rest assured that your 4 months of experience means almost nothing, there are people who have been doing this for years, so they still can’t claim that the experts are good enough to give financial advice on market movements.
it’s not hard to be a "successful" trader when the market is in the bull.

NeuroticFish

legendary

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Quote from: mimomimo on October 18, 2021, 05:41:52 AM

Then I will do my own analysis on it.

As long as you do your own analysis then you should be (more or less) fine, as long as you don't have to pay. Still, keep in mind that trading is a very risky business.
And if you do your own analysis too, you'll see that in time the list of technical analysts you read (and follow) their opinions will expand/adjust over time; some of those signals will disappear or become irrelevant in time.
Good luck!

mimomimo

newbie

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Quote from: NeuroticFish on October 18, 2021, 05:12:07 AM

Quote from: mimomimo on October 18, 2021, 04:56:43 AM

What do you think?

The thing is that you should go by your own decisions. You can't expect unknown people over internet just be always accurate and be liable if they're wrong. You don't know who is behind those twitter accounts and what are their aim. Some may do it for the common good (such cases are very seldom), some will do it for their own good/benefit.

So think what would be their benefit, for all cases.

From what I see all they do is advertise their own website with their own banners and probably paid membership. This means that even if they get it wrong a couple of times, they may lose some users/followers, but not as much as the people trading based on their signals. Especially as the membership is paid upfront.

So I'll be gentle and just say: take all that with a grain of salt, don't jump in head first.

Thank you for your answer.
You are right that I have to analyze myself.
But because in this really big market, I can only analyze a few a day.
With the help of these systems I can find out which one is better to sell or better to buy.
Then I will do my own analysis on it.

mindrust

legendary

Activity: 3276

Merit: 2442

Quote from: mimomimo on October 18, 2021, 04:56:43 AM

I do not have much experience in the cryptocurrency market. I try to read different opinions.
To do this, I spent about 4 months checking different Twitter accounts.
Many people just thought of buying at any time, which I did not think was right.
But some of them were very right with little error.
I am writing a few links. Pay attention to their dates and what their writing time is.

https://mobile.twitter.com/predict_price/status/1444042274216808449

https://mobile.twitter.com/predict_price/status/1440595724786278402

https://mobile.twitter.com/predict_price/status/1430445262724599812

What do you think?

Depends on the account I guess. My personal opinion is, most of those accounts are scammers. They signal a position and if it fails they remove their fail tweet. If it was a successful call, then they'll say "I told you". If you catch them while doing this, they'll block you right away and continue with their scam with the remaining followers.

bL4nkcode

copper member

Activity: 2142

Merit: 1305

Limited in number. Limitless in potential.

Signals from a newly made twitter account? Where did you find that account in the very first place. It will be considerable if signals came from an account with millions of followers, but that doesn't change the fact that signals can be trusted. Anyone can make it with their so called TAs.

On your 4 months checking on twitter could have been very useful if you have been educated on trading, made a research, and learn from different kind of trading strategy and tried it. Most of the time, it's an trial and error.

mimomimo

newbie

Activity: 4

Merit: 0

Quote from: Oshosondy on October 18, 2021, 05:04:32 AM

This is just another way to advertise signal groups (I did not click on the link and will never click on it). Paid signal groups are easy place to scam people. Learn trading and have experience and never depend on any third party to avoid scam.

Thank you for your answer.
But I really do not understand how these models of tweets can be scams.
Because they do not receive any money from us at all and only give their own predictions.

NeuroticFish

legendary

Activity: 3668

Merit: 6382

Looking for campaign manager? Contact icopress!

Quote from: mimomimo on October 18, 2021, 04:56:43 AM

What do you think?

The thing is that you should go by your own decisions. You can't expect unknown people over internet just be always accurate and be liable if they're wrong. You don't know who is behind those twitter accounts and what are their aim. Some may do it for the common good (such cases are very seldom), some will do it for their own good/benefit.

So think what would be their benefit, for all cases.

From what I see all they do is advertise their own website with their own banners and probably paid membership. This means that even if they get it wrong a couple of times, they may lose some users/followers, but not as much as the people trading based on their signals. Especially as the membership is paid upfront.

So I'll be gentle and just say: take all that with a grain of salt, don't jump in head first.

Oshosondy

legendary

Activity: 1414

Merit: 1118

...gambling responsibly. Do not be addicted.

This is just another way to advertise signal groups (I did not click on the link and will never click on it). Paid signal groups are easy place to scam people. Learn trading and have experience and never depend on any third party to avoid scam.

mimomimo

newbie

Activity: 4

Merit: 0

I do not have much experience in the cryptocurrency market. I try to read different opinions.
To do this, I spent about 4 months checking different Twitter accounts.
Many people just thought of buying at any time, which I did not think was right.
But some of them were very right with little error.
I am writing a few links. Pay attention to their dates and what their writing time is.

https://mobile.twitter.com/predict_price/status/1444042274216808449

https://mobile.twitter.com/predict_price/status/1440595724786278402

https://mobile.twitter.com/predict_price/status/1430445262724599812

What do you think?

Topic: Can the signals of Twitter accounts be trusted? - page 2. (Read 250 times)