Crypto trading signal work or not? - page 5.

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Quote from: peterpanda on March 31, 2021, 03:20:51 PM

Quote from: nightxglow on March 31, 2021, 11:49:09 AM

Well it really depends. Some might really give you a good signal, being kind as they are. But some might not, there are always chances that they are a scam, or just trying to manipulate the members to do exactly how they wanted it to be.
I guess you need to still be cautious, like joining the group and seeing how it goes first, even if you want to try, don't immediately put a big amount, try it little by little until you're sure that they're trusted.
Anyway, it's still better if you don't really depend on that, but might use them for additional source of information or such.

Yes, we shouldn't trust signal from any personal. I saw many people take it as a business but they are not well familiar with trading. Most of the signal group are scam and we should avoid them. It is better to learn trading by market analysis.

This is true!

If those people are really making out some profits then they wouldnt really be going into the public and trying to run up with some paid signals because they can eventually
make up some money with just simply making trades on their own without wasting up their effort on trying to handle out people.Its just really no sense at all.

There are lots of groups that do pop out even free ones which theres always a tendency that its always just a simple speculation that even yourself
could do such thing.So i dont see the worth.

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Quote from: nightxglow on March 31, 2021, 11:49:09 AM

Well it really depends. Some might really give you a good signal, being kind as they are. But some might not, there are always chances that they are a scam, or just trying to manipulate the members to do exactly how they wanted it to be.
I guess you need to still be cautious, like joining the group and seeing how it goes first, even if you want to try, don't immediately put a big amount, try it little by little until you're sure that they're trusted.
Anyway, it's still better if you don't really depend on that, but might use them for additional source of information or such.

Yes, we shouldn't trust signal from any personal. I saw many people take it as a business but they are not well familiar with trading. Most of the signal group are scam and we should avoid them. It is better to learn trading by market analysis.

nightxglow

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Well it really depends. Some might really give you a good signal, being kind as they are. But some might not, there are always chances that they are a scam, or just trying to manipulate the members to do exactly how they wanted it to be.
I guess you need to still be cautious, like joining the group and seeing how it goes first, even if you want to try, don't immediately put a big amount, try it little by little until you're sure that they're trusted.
Anyway, it's still better if you don't really depend on that, but might use them for additional source of information or such.

SacriFries11

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Quote from: bandungan on March 29, 2021, 06:30:33 PM

Basically even though there is help from trading signals, it is nothing more than just a guide. To get profit, it remains on our skills, because what I know is that the current trading signal cannot help completely and only helps a little for us to be able to trade, sometimes there is still a risk of an error trading signal and we have to think about what happens in the future

Yes, I agree. We should better to check and verify the signals that we get. There are free signals that being given in community platform like discord and telegram. I think most of the time they are accurate, but still depend on the groups that we joined in. I think sometimes paid trading signals can be worth it. We can immediately check the signals or graph that they provide if they show in group, and we can learn to trade practices if we will subscribe to them. Don't forget to always apply risk management to every trade. We still need to depend on our own so that someday we can give a high probability of trade.

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Quote from: shohag999 on March 05, 2021, 08:17:10 AM

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 now one group with signals, he have a great analysis and not scam , he have a ig profile and tg channel , in tg channel delivered the signals, very nice service and do not cheap

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Quote from: shohag999 on March 05, 2021, 08:17:10 AM

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?

there are lot of crypto signal that is free in the telegram, do not put 100% trust on signals, just trust yourself in trading coin, learning more trading techniques is better than crypto signal, you create your own profit buy trusting yourself in trading. reading some crypto news also effective about upcoming legit projects.

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Quote from: bandungan on March 29, 2021, 06:30:33 PM

Basically even though there is help from trading signals, it is nothing more than just a guide. To get profit, it remains on our skills, because what I know is that the current trading signal cannot help completely and only helps a little for us to be able to trade, sometimes there is still a risk of an error trading signal and we have to think about what happens in the future

Trading signal usually isn't mere help but most of people who joins it consider it as their main information of their trading activities and their trading decision generally depends on the trading signal and that's exactly why trading signal group are usually called pump and dump group because they could manipulate their member.
Though trading signal could sometime work most of them turns to be a tool for the group owner but I do agree though people should let their trading decision based on their own analyzation.

bandungan

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Basically even though there is help from trading signals, it is nothing more than just a guide. To get profit, it remains on our skills, because what I know is that the current trading signal cannot help completely and only helps a little for us to be able to trade, sometimes there is still a risk of an error trading signal and we have to think about what happens in the future

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Quote from: pankowri on March 28, 2021, 01:31:05 PM

In cryptocurrency, there are no official signals and valid information. Because maximum time people fall into scams and face unexpected situations. So it is not fair to paid of signals. There are many free groups who give you some important suggestions that's may be work.

That's not true mate, there are good signal group out there are purely legit to their customers where they provide good trading signals consistently, signal group require mostly thorough research about how they truly are. Apparently, it'd be good to be careful with your portfolio, entering in every call will certainly drains you down someday.

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Quote from: DarkDays on March 28, 2021, 04:08:15 PM

Quote from: South Park on March 24, 2021, 09:04:16 PM

Quote from: AicecreaME on March 20, 2021, 03:54:35 AM

It depends on the Trader you're going to follow. I think the only thing you need to do is to risk your money on that Trader, I mean the fee, risk it. Of course before you subscribe to their service, observe first if they trade successfully most of the time, and if it is positive then go for it. But signals are gonna be wasted if you don't know how to read the Technical Analysis they are going to drop in their channel, so yes, it is important to learn the basic first.

This is not going to work because most of those traders that give signals keep most of it to their paid clients, which makes sense, why are you going to give all of this information for free when you want to get paid for it? However I have always thought this is bad idea, even if you were to find a good trader that actually shared his insights about the market, what are you going to do once that trader stops doing that? You are just as lost as you were at the beginning so it is just better to learn how to trade by yourself than to rely on someone else.

There are some groups which share the news for gaining popularity, though often by the time this info is released to the group the main ones have already made a move so you could just be buying it too late and get rekt.

It is all in the circle of trading, I do think though that trade signal can be good only if you can act within the next few seconds otherwise it will be too late. So, yh, they can be useful but I wouldn't trust them 100% and at all times. Timing is extremely important.

Well when your time window to act is only a few seconds then you should know there is something wrong with that, the timing is simply too narrow for a regular person to be able to do something about it with that information, it is better to develop your own system and to develop one that at least can give you a window of a few minutes otherwise it is going to be almost impossible for your average newbie trader to make profits when they have to take such a split second decisions.

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Quote from: South Park on March 24, 2021, 09:04:16 PM

Quote from: AicecreaME on March 20, 2021, 03:54:35 AM

It depends on the Trader you're going to follow. I think the only thing you need to do is to risk your money on that Trader, I mean the fee, risk it. Of course before you subscribe to their service, observe first if they trade successfully most of the time, and if it is positive then go for it. But signals are gonna be wasted if you don't know how to read the Technical Analysis they are going to drop in their channel, so yes, it is important to learn the basic first.

This is not going to work because most of those traders that give signals keep most of it to their paid clients, which makes sense, why are you going to give all of this information for free when you want to get paid for it? However I have always thought this is bad idea, even if you were to find a good trader that actually shared his insights about the market, what are you going to do once that trader stops doing that? You are just as lost as you were at the beginning so it is just better to learn how to trade by yourself than to rely on someone else.

There are some groups which share the news for gaining popularity, though often by the time this info is released to the group the main ones have already made a move so you could just be buying it too late and get rekt.

It is all in the circle of trading, I do think though that trade signal can be good only if you can act within the next few seconds otherwise it will be too late. So, yh, they can be useful but I wouldn't trust them 100% and at all times. Timing is extremely important.

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In cryptocurrency, there are no official signals and valid information. Because maximum time people fall into scams and face unexpected situations. So it is not fair to paid of signals. There are many free groups who give you some important suggestions that's may be work.

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Quote from: shohag999 on March 05, 2021, 08:17:10 AM

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?

Well, I think it is not a bad option if you join a paid crypto trading group especially if you don't have enough knowledge of trading. However, just like the others, we were all doing the same thing making a TA and such. It's not that they are above us and completely getting 100% accuracy upon their trades, they are also been making a mistake and guess it wrong because the entire market is unpredictable after all. You can subscribe to them but you gotta check first if their signals are really that effective. My recommendation is that, since we are all been doing the same thing making a TA out of an unpredictable market why not learn it for yourself so you don't need to spend that money to subscribe rather add it up on your capital and trade it, that's sound better.

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Quote from: Viscore on March 28, 2021, 10:38:19 AM

Quote from: XZERO1 on March 27, 2021, 06:06:15 AM

Quote from: shohag999 on March 05, 2021, 08:17:10 AM

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?

Signal group, as in signal for when the pump happens?, if it's just that then the answer is no, they do not work, mostly because bots will be buying the mentioned coin/token way faster than you and you will probably end up buying the top most of the time and there's actually more chance of losing money.

But if you're thinking about one of the TA guys that just send buy signals on good trading set ups then that's another story and the best would be to follow some of their free calls and see how they do and whether it's worth it, the good thing about following these signals is that you learn some Technical analysis along the way too and you're not just following signals blindly.

If we are going to rely on them, we are just simply ruining our future then. Not to say that it is 100% of these trading signal never works but it gonna be very closed to that. If we have an idea about crypto trading, will never know why it never works and that because we know that the market is not predictable. Because if these trading signal really works and those people who send it to their members, I'm not sure if they were going to share it but to use it with their own. But it won't and that they wanted to make others suffer losses just like them.

Yep, even if you follow one of those guys that are pretty good at TA, there are many times that their call and buy signal for a trade does not work out as intended and you should wait for a while to get any profit, and in some cases even that coin/token starts dumping, well, because market is unpredictable and you can only improve your accuracy up to 70-80% and that means you still will be wrong 20-30%.

The good thing about this is when you're paying for some TA guy giving you signals, it usually comes with some TA education as well which could make it worth it, specially if you have been following their signals for a while and they have at least 70% accuracy.

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Quote from: XZERO1 on March 27, 2021, 06:06:15 AM

Quote from: shohag999 on March 05, 2021, 08:17:10 AM

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?

Signal group, as in signal for when the pump happens?, if it's just that then the answer is no, they do not work, mostly because bots will be buying the mentioned coin/token way faster than you and you will probably end up buying the top most of the time and there's actually more chance of losing money.

But if you're thinking about one of the TA guys that just send buy signals on good trading set ups then that's another story and the best would be to follow some of their free calls and see how they do and whether it's worth it, the good thing about following these signals is that you learn some Technical analysis along the way too and you're not just following signals blindly.

If we are going to rely on them, we are just simply ruining our future then. Not to say that it is 100% of these trading signal never works but it gonna be very closed to that. If we have an idea about crypto trading, will never know why it never works and that because we know that the market is not predictable. Because if these trading signal really works and those people who send it to their members, I'm not sure if they were going to share it but to use it with their own. But it won't and that they wanted to make others suffer losses just like them.

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Quote from: XZERO1 on March 27, 2021, 06:06:15 AM

Quote from: shohag999 on March 05, 2021, 08:17:10 AM

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?

Signal group, as in signal for when the pump happens?, if it's just that then the answer is no, they do not work, mostly because bots will be buying the mentioned coin/token way faster than you and you will probably end up buying the top most of the time and there's actually more chance of losing money.

But if you're thinking about one of the TA guys that just send buy signals on good trading set ups then that's another story and the best would be to follow some of their free calls and see how they do and whether it's worth it, the good thing about following these signals is that you learn some Technical analysis along the way too and you're not just following signals blindly.

There was this telegram pump and dump group back in the day, they picked some low volume coin on poloniex if I am not wrong (this is a veeeery old story when poloniex was number one after cryptsy was recently hacked) and that meant that people actually ended up using a system on that telegram group where depending on the result of a blockchain hash at each day on the certain hour, there would be a coin picked. So, if it was 0 it was x coin and if it was 1 it was y coin and that type of thing.

This way nobody knew how it would be done and nobody would be able to buy beforehand and nobody made a bigger profit than others by cheating the system. Of course it wasn't as simple as that and eventually people started to build bots to acknowledge and trade accordingly, which is why many people started to lose money and system started not work so they disbanned it as a whole.

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Quote from: cute nmp on March 27, 2021, 05:45:50 PM

Crytocurrency signals work but not all the time.I will advised you to backtest the signals on your demo account to see if it works or not before using it on your real account.You can also use the signals along with your knowledge of price actions or indicators to be a safe side.

Yeah, why not try to know if they can be trusted or their signal will help but we don't need to hook them up just for an easy escape in case we have to do it. This gonna be a sort of experience and probably we can learn something from them. But we still have been cautious by then, we know the scamming events are rampant, and most it happens that they are asking money for returns. If that will going to happen, you better not continue your plan about joining them, they might just milking you without the assurance of getting returns of your money. It definitely a big loss on your side.

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Quote from: cute nmp on March 27, 2021, 05:45:50 PM

Crytocurrency signals work but not all the time.I will advised you to backtest the signals on your demo account to see if it works or not before using it on your real account.You can also use the signals along with your knowledge of price actions or indicators to be a safe side.

Backtesting is something is recommendable anytime you do see some analysis floats online which you do seem that it is worth to try or be adding up into your own made analysis.

Demo's isnt something that i much off preferred because it is totally different when you are already on the live market using live money or fund.So better to test out with small

amounts and when you do get the tempo or method then thats the time on changing things up when it comes to intensity and everything will be depending on you.

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Crytocurrency signals work but not all the time.I will advised you to backtest the signals on your demo account to see if it works or not before using it on your real account.You can also use the signals along with your knowledge of price actions or indicators to be a safe side.

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Quote from: Om.monata on March 25, 2021, 10:37:20 AM

crypto trading signals in my opinion help but only 40% of the overall profit earner.

No, not really that they help even with that percentage. Most of them won't give that profit as they only give you altcoins that you don't know and you just let them do their own analysis.

Quote from: Om.monata on March 25, 2021, 10:37:20 AM

because actually the natural technique in us is still the main thing. we can still get big profits even without crypto trading signals, and we rely on our natural abilities. So even though it helps, it doesn't help in a big way

That's right. Not only about natural ability but you really have to study on your own and gain a lot of lesson throughout your trading experience.

Topic: Crypto trading signal work or not? - page 5. (Read 2091 times)