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Topic: Crypto trading signal work or not? - page 12. (Read 2105 times)

legendary
Activity: 2310
Merit: 4085
Farewell o_e_l_e_o
March 05, 2021, 09:38:42 AM
#9
If you lucky, you will find a legit group, obviously not a financial advice but not a pump and dump group too. If you joined in a pump & dump group, you will ended up losing your money because they are trying to scam you by their pump and then after you bought the token on top, they will dump it immediately.
It can be a free or paid group but the final results depend on a person who uses given signals.

  • Not all users follow given signals. When group operator gives good signals to slowly accumulate at bottom price, for days receivers might ignore signals. They will join and FOMO when price is rising.
  • Risk management: @jackg gives a good point. You have to beware of the risk and avoid to use all or most of your capital for trading.
  • Don't trade too much with low cap altcoins. Again altcoins are risky but low cap altcoins are much more risky
  • A good group can give you 90 good signals per 100 total signals. If you are in 10 bad signals or 1 to a few with all of your capital. You are loser whilst most members of the group ends with profit

Personally, to be dependent in your thoughts and decisions, you should not join groups.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
March 05, 2021, 09:28:59 AM
#8
There are scams, and there are legitimate ones.

And with the legitimate ones— there are ones that are actually profitable to some extent, and there are others that are simply just bad(which is mostly the case).

Should you pay for them? Completely up to you, and though I'm personally not a fan of them, probably try for 1 month? If the price of 1 month membership doesn't cost that much that you don't mind wasting that 1 month payment, then go ahead and try for yourself. Just to get an idea on how a "trading signal" group (which are mostly just pump and dump groups) work.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
March 05, 2021, 09:10:59 AM
#7
I just want to join paid crypto trading group..anyone pls tell me ,this type of group doing scam or not? and does it work?
You do not have to pay crypto trading group as you can find many free crypto trading groups at the telegram.
But you do not know which groups can teach you about trading and give the coin's signal to buy or sell, and that is hard to get the right group.
I suggest you learn trading by yourself and search for many lessons from many sources, so you can trade without using their signal.
But you can use their signal to analyze and find more information about the coin movements, so you can find the time to trade and you can use it for your own benefits.
copper member
Activity: 2170
Merit: 1822
Top Crypto Casino
March 05, 2021, 08:49:35 AM
#6
There's no shortcut to success. Why waste money on paid signals, yet there's a lot of information out there on how you can also learn how to trade, carry out technical analysis and make a higher percentage of right calls in your trades?
Why depend on someone for fish every time you are hungry, yet you can also teach yourself how to fish?  Wink

Most paid signals are scam. I wouldn't even spend a cent on them. Instead, I would use the "subscription fees" as my capital to gain more experience in trade.
sr. member
Activity: 2828
Merit: 344
win lambo...
March 05, 2021, 08:39:22 AM
#5
I just want to join paid crypto trading group..anyone pls tell me ,this type of group doing scam or not? and does it work?
I would like to say is that you just be careful. I don't want to draw a conclusion that crypto trading groups are scammy or it never works. I don't have any experience with them because there are so many groups like this but as we heard most, they can't be trusted nor their trading signals is effective.

But it's up to you to try then, that gonna be a sort of experience and so it helps your awareness. But for me, I have to use my own TA, because the reality is that, no one could predict right for the future happening. All these signal are just the same if we do ourselves, it can be right or even wrong. 
sr. member
Activity: 1848
Merit: 341
Duelbits.com
March 05, 2021, 08:23:49 AM
#4
Follow their free channel and see how good their calls are (follow with 1%-5% of your portfolio). If they do well you should, only then, consider joining them (after a week or a month of following).

.

yes I agree with what you said, if you are curious, you better try it first, and it proves or even makes you lose the value of your portfolio. because as far as we can see, such groups cannot be found for free. if any, it is very difficult to filter which ones are really profitable. a group filled with great people and analysis, should have a price in every piece of information they share. so if it makes you feel confused, try to learn to read the price movements according to your needs. start learning the basics.
legendary
Activity: 2366
Merit: 1130
March 05, 2021, 07:49:59 AM
#3
If you lucky, you will find a legit group, obviously not a financial advice but not a pump and dump group too. If you joined in a pump & dump group, you will ended up losing your money because they are trying to scam you by their pump and then after you bought the token on top, they will dump it immediately.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
March 05, 2021, 07:23:25 AM
#2
Follow their free channel and see how good their calls are (follow with 1%-5% of your portfolio). If they do well you should, only then, consider joining them (after a week or a month of following).

All trading is risky and you might want to follow what they suggest to trade by looking at a chart as some get paid to advertise buying coins that have just pumped or are about to the minute the person gave the call (as in groups and whales admins compound what they have and buy the start to push the price up leaving their users - and the market - to keep the price inflated while they cash out). Which means it's a good idea to check for common scam trends in the area.

Also don't custodian your crypto to anyone and don't use a bot unless you're confident in its functions.
newbie
Activity: 1288
Merit: 0
March 05, 2021, 07:17:10 AM
#1
I just want to join paid crypto trading group..anyone pls tell me ,this type of group doing scam or not? and does it work?
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