I think that's risky because what if someone can just fool you and promise you that their signals are the best among the rest? You will only lose money on subscriptions and then lose another for choosing a wrong coin to trade or when you follow their fake signals. They are the ones who will earn this way.
Many fake signals are scattered and only target those who have no more knowledge about trading, then take advantage of them to follow the signal and get a lot of profit. It is very risky, but the scammers who do this will only smile when the rabbit falls into the trap. This is why it's important to have some knowledge first so that we can avoid these scammers and then we can be fully independent when it comes to trading. If we get lucky, we may earn following other legit signals and professional traders but there are times that we feel something is lacking with us. That is because we can't stand on our own.
Legitimate signals also do not provide a guarantee of profit. It still requires basic knowledge of how to trade properly and correctly. Not only reading the numbers but also analyzing whether the signal is good or not. Some professionals who provide signals, not only provide a buy and sell number, but they also include their technical analysis charts so that they also know what the scenario will be. Believe that they are trading signals not to make someone rich, but to make money yourself. At the same time, the authors of the signals in most cases do not trade themselves, but simply make an analysis based on the available information. I have little faith in the effectiveness of signals.
Signal makers also trade, but they trade by utilizing people who believe in the signals they create. Buy a list of coins to signal, then give the signal to beginners and they will start executing it.
The newbie's buy order will become the signal maker's sell order.
