Never trust a signal online as that is not reliable.
If they know how to be profitable, they don't need to share the signal because they can easily make themselves rich in trading.
you are a newbie, I understand that, but you have to be smart and be clever enough as newbies are usually the victims of scammers in the space, not saying that signals are scams but if you easily believe in them, then most likely you'll easily believe on scams and hypes too.
Topic: Can the signals of Twitter accounts be trusted? (Read 290 times)
Hell no.
A lot of my friends tell me to buy a certain coin because it was featured on a youtube channel, a Twitter account, or Reddit.
But the fact is that most of these "signals" are to the benefit of the people who release them. Even the more accurate ones are subject to massive survivorship bias.
Many of my friends are too careless with predictive signals, in fact this is made for small pumps and after a slight increase they will sell it then the followers will be trapped and cannot sell because the price is too low, this is like manipulation that continues to be done every time. the group and I think this predictive signal doesn't need to be trusted especially with so few followers on Twitter.A lot of my friends tell me to buy a certain coin because it was featured on a youtube channel, a Twitter account, or Reddit.
But the fact is that most of these "signals" are to the benefit of the people who release them. Even the more accurate ones are subject to massive survivorship bias.
Maybe for those who follow this prediction signal, some people don't want to learn from experience, so they decide to go instant with the signal as an indicator, then this is not a good thing, in fact it will make us more fooled.
able to verify for yourself if the said analysis was right or typically just speculation without any solid basis.
Never ever deal with those low cap coins which it would really be that risky and could really be easily manipulated and you should be careful yet these information could easily
be read up on various mediums or platforms which you should really be that sensible on taking information.
Trust is something thats hard to be given.
You can follow any group or any signal group. But don't try to do trade based on their signal. Try to read their chart, Try to read carefully why is bullish/bearish at any coin. If you can find out those reply Than you can easily take a trade. What I want to say is, Before opening a trade do your own research. Personally, I have joined a lot of signal groups, Never took any trade based on their signal. I tried to read what they are posting, Without a chart, I never tried to take a trade.
I follow some good trade on Twitter, Whenever they are making a post they also add a chart for the trade. Also, there is a TP and SL. This kind of chart is good for me. Because I know where to enter a trade and when I need to cut loss.
My suggestion for OP is, Try to learn TA, Risk management, and fundamental analysis. It will help you more when you are taking a trade. Follow everyone to gain knowledge but never try to copy them blindly.
I follow some good trade on Twitter, Whenever they are making a post they also add a chart for the trade. Also, there is a TP and SL. This kind of chart is good for me. Because I know where to enter a trade and when I need to cut loss.
My suggestion for OP is, Try to learn TA, Risk management, and fundamental analysis. It will help you more when you are taking a trade. Follow everyone to gain knowledge but never try to copy them blindly.
Hell no.
A lot of my friends tell me to buy a certain coin because it was featured on a youtube channel, a Twitter account, or Reddit.
But the fact is that most of these "signals" are to the benefit of the people who release them. Even the more accurate ones are subject to massive survivorship bias.
Many of my friends are too careless with predictive signals, in fact this is made for small pumps and after a slight increase they will sell it then the followers will be trapped and cannot sell because the price is too low, this is like manipulation that continues to be done every time. the group and I think this predictive signal doesn't need to be trusted especially with so few followers on Twitter.A lot of my friends tell me to buy a certain coin because it was featured on a youtube channel, a Twitter account, or Reddit.
But the fact is that most of these "signals" are to the benefit of the people who release them. Even the more accurate ones are subject to massive survivorship bias.
Maybe for those who follow this prediction signal, some people don't want to learn from experience, so they decide to go instant with the signal as an indicator, then this is not a good thing, in fact it will make us more fooled.
This is the way of advertising faking signal groups in the forum. Either OP is the owner of this Twitter account or he is promoting that. I am really not sure how this kinda twitter signals. There are a ton of accounts providing predictions, some of them sometimes become true and most of them are false. So is that possible to identify who is providing legit signals? I don't think so.
Just I am wondering they should become a millionaire since they know what will happen. Sometimes a few billionaire signals become true somehow like Elon. They are already a billionaire and people follow them and that's the reason we experience an impact on the price.
Just I am wondering they should become a millionaire since they know what will happen. Sometimes a few billionaire signals become true somehow like Elon. They are already a billionaire and people follow them and that's the reason we experience an impact on the price.
They can just copy paste the other predictions spreading on internet and we should be aware on those kind of signals since in the long run for sure they will offer VIP signals then ask payment to get exclusive access to that features and that is totally bullshit since this is scam which is use for so many times. Better we do our own research since learning tradings by our own research is the most ideal thing we need to do so that we will not get scam or lose when we do trades on volatile market.
Hell no.
A lot of my friends tell me to buy a certain coin because it was featured on a youtube channel, a Twitter account, or Reddit.
But the fact is that most of these "signals" are to the benefit of the people who release them. Even the more accurate ones are subject to massive survivorship bias.
A lot of my friends tell me to buy a certain coin because it was featured on a youtube channel, a Twitter account, or Reddit.
But the fact is that most of these "signals" are to the benefit of the people who release them. Even the more accurate ones are subject to massive survivorship bias.
Following signal groups is just like marking your failure in crypto trading, E.g, many always follow MUSK tweet about any project but after a while there seems to be a massive dump. Now as a beginner and you have little knowledge about crypto and you follow such tweet what do you think will be your fate, putting resources and find out all went down to zero.
Things you must not do is;
1. Don't follow any signal group
2. famous twitter users.
3. Seeking for the best project to invest
4. How much do you invest
Note in trading or investment always use your spare cash and what you can afford to loose
Things you must not do is;
1. Don't follow any signal group
2. famous twitter users.
3. Seeking for the best project to invest
4. How much do you invest
Note in trading or investment always use your spare cash and what you can afford to loose
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?
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?
I just checked these tweets and found that there are only 15 persons following this twitter handle. Why would anyone trust on this guy and i think this is your own twitter account and you are using this as a way to promote your twitter handle.
Even if this is not yours, even then stay away from twitter / telegram signals and focus on learning.
One thing I know is that they are a few legit guys that provide genuine signals and the rest are all the same copycats, be it Twitter, telegram or Facebook....they might just be forwarding the works of a different person from a free group and charging others for it which is purely wrong! If you want to subscribe to such groups it's either the owners should give you a trail run and allow people to interact freely ,this way you can't gag people from saying wants on their mind especially in relation to the said signals!
Some of them are only good for your first few tries, and afterwards become useless since they don't really deliver much to their promise of getting that signal every time. Also, most of those 'signals' that they are sending are just them trying to stimulate the market of a certain coin, and lures you into buying such coins in order for them to take profits from you and them telling you what to do. It's just an upgraded pump and dump group that hides their schemes as 'signals' on twitter in order to gain lots of followers.
I'd use them on a free and trial basis, but only for a few times.
I'd use them on a free and trial basis, but only for a few times.
I agree on this. Most of this signal group usually early buy a token that forms a bullish pattern on chart then shill it and let other traders see the pattern so that they will FOMO buy on it. Actually this is just a TA a little bit of manipulation to see the pattern. But most of this kind of service on twitter is fake most of the times because they are shilling unusual coin that's not in the spotlight.
I'm not generalising all of them since there are some that proving quality signal because they backed it with a good TA and also they already have a established followers that usually checking there signals.
Usually old accounts with a lot of followers are always in favor of one with a few coins.
The reason why influencers are running rampant and why everyone wants to be one, lies in this. It is very easy to gain trust from people visiting the internet and social media and then use that trust to their advantage.Do you remember the twitter hack of several celebrities and the donation tweet that came from their accounts? The number of people who feel for that shows that being a kind-natured naive person is like sin today be it real or reel. Be that and you will get scammed by everyone.
If you want to trade, like others have said, learn Fundamental and Technical. Although they are only correct in max 50% cases you get a general idea of how the market works.
There is a market for such signals channels and groups. Newbies who want to make money from trading want someone to spoon-feed them with picks, just like picks for sports betting. In reality, those are manipulated pump and dump groups or bagholders who are shilling their bags. Either way it is a loss for you - you might not realize it from the position you are in, but most users here have already crossed that time and they realize how much of a scam this is.
Some of them are only good for your first few tries, and afterwards become useless since they don't really deliver much to their promise of getting that signal every time. Also, most of those 'signals' that they are sending are just them trying to stimulate the market of a certain coin, and lures you into buying such coins in order for them to take profits from you and them telling you what to do. It's just an upgraded pump and dump group that hides their schemes as 'signals' on twitter in order to gain lots of followers.
I'd use them on a free and trial basis, but only for a few times.
I'd use them on a free and trial basis, but only for a few times.
Nope its not working in the long run since eventhough how good they are as a trader the market still unpredictable and even those good coach who give signals cannot guarantee that you can earn also if you just get that on social media better research more since most of them are just hunting for likes and shares so that they will became popular then maybe in the long run they will ask money for someone who will subscribe their VIP signals given.
I would not trust twitter account signals, specially to an account OP has showed. This account is just nobody, he has almost no followers. The person behind it can have another account. With first account he would say buy, with second he would say sell. And in the end he will look like a person who predicted correctly.
But in general, dont rely on somebody. Make your own predictions and decisions. Think about why would someone even make such signals. What for? To share profit with others? Do you really believe that someone would really do that to a strangers?
But in general, dont rely on somebody. Make your own predictions and decisions. Think about why would someone even make such signals. What for? To share profit with others? Do you really believe that someone would really do that to a strangers?
If you are really serious about understanding crypto, I don't think signal group is what you should focus on, you should instead devote your time in understanding the space and if possible learning and practicing trading which will help you develop your own opinion and make your decisions, most signal groups are known to be fake so it will be beat you don't take them seriously.
Learning and practising trading will be the best way for people who want to make money from trading without following the signal groups.We do not have more information about who is people behind in that groups are, whether they are really pro traders who have high skills in trading or just a bunch of people who use the opportunity and get the signal from the other groups and sell it to people.
If they can analyze by themselves, they do not have to depend on that signal groups but they can use the signal for their own benefits.
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.
Because they do not receive any money from us at all and only give their own predictions.
Be extra careful. It doesn't mean that since something doesn't ask money from you, at least not yet, it is not a scam or a fraud. There are more than a handful possible scenarios. Just be reminded that these signals are carefully picked to serve whatever motive they have in mind.
For example, it could be a way to promote their premium products or membership in the future, or perhaps they will one day offer paid tutorials or fund management, or perhaps investment opportunities. Because they have already established their name and their signals to be more or less accurate, they have effectively gotten the trust of some users. These users might buy whatever they sell.
Or there is also a possibility they are only promoting certain tokens, or perhaps their ulterior motive is to gather believers so that they could begin to effectively pump and dump or influence the price of a certain token.
Again, there are so many possibilities. The general rule of safety, however, is not to trust them.
Think about it: can algorithms predict regulations and news in general? No? Exactly. Technical analysis can only work to a certain extent, but it definitely can't pinpoint high-guarantee buy/sell price points.
Precision is what we do all talk because this is something that we can really attain 100% no matter what signals we do get from other people or sources or simply with our own made analysis.Therefore, i dont really see the worth for someone to trust up others analysis and the worst there are some people who do actually buy and paying up subs just for that purpose which its really that dumb.
I cant trust any analysis out there and it is much worth if you do only follow you own but well getting some idea and dissecting it and applying it on your analysis isnt a bad idea either.
If you are really serious about understanding crypto, I don't think signal group is what you should focus on, you should instead devote your time in understanding the space and if possible learning and practicing trading which will help you develop your own opinion and make your decisions, most signal groups are known to be fake so it will be beat you don't take them seriously.
Think about it: can algorithms predict regulations and news in general? No? Exactly. Technical analysis can only work to a certain extent, but it definitely can't pinpoint high-guarantee buy/sell price points.
But have you seen this disclaimer?
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
However, the whole website looks very familiar to me. I think a similar website has been shared here before...
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...
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.
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?
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.
What do you think?
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.
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.
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
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
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.
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.
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.
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.
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.
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.
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.
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.
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.
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!
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.
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?
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.
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.
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.
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.
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.
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.
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?
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?
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