Topic: Do not blindly trust telegram trading signals. - page 2. (Read 768 times)
I used to follow that, but after I suffered a decent loss, I never follow the signal, it seems promising but the result is nil, now I do more research myself, but the feeling is also sometimes often determine
Many of the telegram groups which give signals are run by the same people, I have noticed on multiple occasions of the groups giving the same signals. Many of the groups also conduct coordinated pump and dumps, and they usually send it in all the groups to gather a greater audience. Although some of the signals turn out to be correct, always do your own research before making a trade.
As a matter of fact they are just using the members to ammas money to a shitcoin but they were the first one to purchase it and awaits the growing money then sell it leaving you stuck on holding and you are clueless on what are you going to do since you purchase a shitcoin that has no chance to increase unless you introduce or manipulate it just like having your own telegram signal.Yup that is true! Dont ever trust any signal in telegram group because you give the leader of that signal to gain a huge amount of money, if you want to do trading why not learning the proper way of trading there so many tool in the internet you can use to make idea how to earn in trading.
Yes this is very true, I am one of the victims of telegram signals. I lost large amount of money, so now I am now trusting telegram, no more! I just do the analyzing myself based from tye graphs and chRts and current news. It is far more better
Many of the telegram groups which give signals are run by the same people, I have noticed on multiple occasions of the groups giving the same signals. Many of the groups also conduct coordinated pump and dumps, and they usually send it in all the groups to gather a greater audience. Although some of the signals turn out to be correct, always do your own research before making a trade.
Those people who give signals make a huge profit then if you late a minute to buy those coins you will stack to high price and you will force to sell into low price dont trust any telegram signal group must better to learn a trading strategy in your own to to avoid blaming other people.
tele all signal is wrong I do not use tele signal group 2017 i lost signal is tele group
once I feel lucky when I follow telegram trading signals, I can make a nice profit to buy a coin and hold for 3 days and then I see the price is increased 30%. but I realize that this cannot always happen because we still need to analyze by ourselves and not depends on that telegram channel. by doing analyze, we can check the signals have the potential to give a good news about the coin or not so we can decide to buy and hold and sell.
Many of the telegram groups which give signals are run by the same people, I have noticed on multiple occasions of the groups giving the same signals. Many of the groups also conduct coordinated pump and dumps, and they usually send it in all the groups to gather a greater audience. Although some of the signals turn out to be correct, always do your own research before making a trade.
Know one knows the Crypto market too professionally to be able to give consistently signals that will always come out accurately. It is a dice. Some signals make profit those who heed to it some may loss. The most important thing is to always do your own research. Let their signals point you to the coin and you make your study weather to invest or not.
Many of the telegram groups which give signals are run by the same people, I have noticed on multiple occasions of the groups giving the same signals. Many of the groups also conduct coordinated pump and dumps, and they usually send it in all the groups to gather a greater audience. Although some of the signals turn out to be correct, always do your own research before making a trade.
Signals turns out to be correct then it do only have 2 possible scenarios which those are purely manipulated or just a pure coincidence. This is why I don't really trust up these kind of signals given not only on telegram groups but even on this forum itself I cant easily entrust my money to those signals.I do have my own mind to have my own analysis. Getting up some preference isn't bad as long you do know how to deal yourself on such decision.
All those are fake ones, and we all know that. And some exchanges can easily block and close your account if they discover that you are participating into pump and dumps purposes. That is why you should try to avoid joining any of those telegram channels
Many of the telegram groups which give signals are run by the same people, I have noticed on multiple occasions of the groups giving the same signals. Many of the groups also conduct coordinated pump and dumps, and they usually send it in all the groups to gather a greater audience. Although some of the signals turn out to be correct, always do your own research before making a trade.
Indeed, it is better to avoid joining these groups or at least not take their word and their speculations seriously, because as you said theier predictions are based on nothing but mere guesses or hopes, and they say them just to influence people's decisions so it could meet thier intrest , and also they only give speculation about coins they are interested in and want to pump and dump. 
My experience in trading in Cryptocurrency should be confident in the decision taken, want it short term choice, long term, to buy or sell or stoploss.
Because when we follow the instincts of others we are difficult to develop or devote our experience to profit.
Well said, experimenting is the path for real understanding about the market as well the experience gained through this form is more valuable than the suggestions we get from the one next to us. Telegram trading signals were just predictions, when the prediction coincides with the reality it makes People believe on these trading signals. Need to know that, these coincidence will not happen every time. Because when we follow the instincts of others we are difficult to develop or devote our experience to profit.
Getting signals from telegram groups have proven to be a bad idea as most of them do pump and dump unless the group is a paid reputable group. Another disadvantage is that, people tend to depends on these people and however, they do not try to learn how to carry out their own trades as well
My experience in trading in Cryptocurrency should be confident in the decision taken, want it short term choice, long term, to buy or sell or stoploss.
Because when we follow the instincts of others we are difficult to develop or devote our experience to profit.
Because when we follow the instincts of others we are difficult to develop or devote our experience to profit.
Totally agreed with you. There are several reasons:
- Newbies who do not know how to trade/analyze the market. They just follow these tele groups without doubt.
- Signals on tele groups is not reliable. They are just bought before releasing the signals, then you get fomo -> they sell on your buy orders
The best solution is you have to study by yourself, trade and hold by yourself!
- Newbies who do not know how to trade/analyze the market. They just follow these tele groups without doubt.
- Signals on tele groups is not reliable. They are just bought before releasing the signals, then you get fomo -> they sell on your buy orders
The best solution is you have to study by yourself, trade and hold by yourself!
These Telegram signals pretty much remind me of the old Popular Yahoo discussion for stocks or the Stocktwits which shows Twitter stock signals.
Basically you got the blind leading the blind.
People basically paper or demo trade and post their trades live on Yahoo discussion or their Twitter. If they have a good month or good quarter, which is fairly easy during a bull market they will get many followers.
Then they decide to make their signals private and charge like $100/month for their signals.
So they continue to paper trade while the follows are risking real money... their source of income is the monthly $100 fee.
Eventually there will be a bad month or two, and people will quick and go broke while the signal provider made thousands with no risk pretty much.
It looks like things doesn't change, people doesn't change. Basically you got the blind leading the blind.
People basically paper or demo trade and post their trades live on Yahoo discussion or their Twitter. If they have a good month or good quarter, which is fairly easy during a bull market they will get many followers.
Then they decide to make their signals private and charge like $100/month for their signals.
So they continue to paper trade while the follows are risking real money... their source of income is the monthly $100 fee.
Eventually there will be a bad month or two, and people will quick and go broke while the signal provider made thousands with no risk pretty much.
I think even in 100 years when people will trade with some actives people will do the same. The game is the game. All this "paper trade" is nothing. You can check yourself only when you're in the game, when you're risky your money. Only when you're lost your money you'll know that all things is serious and that would be a first step to education.
These telegram signals is a scam, easiest way to lose money. Be afraid of Yobit and other scam exchanges. You won't win there.
Do not trust the signals to learn to trade. for themselves they will only take advantage of you and It's just a new way to use you or earn money from you, It's like a pyramid scheme that has been upgraded, the last one to invest is the loser while the beginning is the winner
Many of the telegram groups which give signals are run by the same people, I have noticed on multiple occasions of the groups giving the same signals. Many of the groups also conduct coordinated pump and dumps, and they usually send it in all the groups to gather a greater audience. Although some of the signals turn out to be correct, always do your own research before making a trade.
Yes, I have the same idea with you. telegram trading signals will always never be accurate. Because if the market is too predictable, people will become rich and no one is poor! That is a paradox. So I thought it was a trap, and later it would make some people lose all because of over-confidence in the system.
actually, I don't trust telegram trading signals but some of that trading signals can give a good signal and I think not all telegram trading signals is bad. it depends on how we can get the signals and as long as it proves to give a good signal, we can use them or our research before we decide to buy the coins so we can make a good profit. maybe their signals can be useful for us so we can make a good decision to buy.
Trading signals is a big mistake, those people giving that signals are the user will take more profit. Why? Before giving signals they will buy a lot of those coins below the price of their signals. After those blind people do buy at that price making it pump above 5% gain and whose user get the profit? The people behind that signals who bought at the lowest price
Many of the telegram groups which give signals are run by the same people, I have noticed on multiple occasions of the groups giving the same signals. Many of the groups also conduct coordinated pump and dumps, and they usually send it in all the groups to gather a greater audience. Although some of the signals turn out to be correct, always do your own research before making a trade.
As a matter of fact they are just using the members to ammas money to a shitcoin but they were the first one to purchase it and awaits the growing money then sell it leaving you stuck on holding and you are clueless on what are you going to do since you purchase a shitcoin that has no chance to increase unless you introduce or manipulate it just like having your own telegram signal.Yup that is true! Dont ever trust any signal in telegram group because you give the leader of that signal to gain a huge amount of money, if you want to do trading why not learning the proper way of trading there so many tool in the internet you can use to make idea how to earn in trading.
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