do you believe on signals? | Bitcointalksearch.org

Raflesia

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Quote from: gantez on August 08, 2021, 10:58:56 AM

Quote from: Stakefast on August 07, 2021, 08:04:41 PM

I dont. Most signal dudes get paid from shitcoins and dump on you the moment you enter.

You don't have to rely on all signals of a sure because they may disappoint. Signals can work but not for every time and everyone don't like or know how to study to use it. Some expert traders are advising not to follow all that a signal show you and to be careful. To use money that you won't regret is better as I'm reading what others say.

Obviously the signal will only use its members to do something and then it will be discarded before they announce it on their signal channel, therefore expert traders will clearly be very against this because it is more of a scam that they seem to randomly provide opportunities where to be buy a certain coin price.

So usually premium signals always have a down payment to join, I have also been offered like this before but I refused because I don't want to depend on the uncertain, if it's true that they have more ability then it will be distributed to close relatives not by making group signal and prepayment.

gantez

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Quote from: Stakefast on August 07, 2021, 08:04:41 PM

I dont. Most signal dudes get paid from shitcoins and dump on you the moment you enter.

You don't have to rely on all signals of a sure because they may disappoint. Signals can work but not for every time and everyone don't like or know how to study to use it. Some expert traders are advising not to follow all that a signal show you and to be careful. To use money that you won't regret is better as I'm reading what others say.

cabron

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If you are unsure, just don't try subscribing to those signal providers and learn how to trade yourself. Indicators your will learn will give you signals that will tell you whether to buy or not.

When I was just starting its XRP that I have been trading XRP/USDT and there are users who will PM you about when it will pump. They are the ones who previously say IT'S ALIVE in short I'm one of the victims.

Stakefast

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I dont. Most signal dudes get paid from shitcoins and dump on you the moment you enter.

The Cryptovator

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Quote from: Thanos01 on August 07, 2021, 10:35:48 AM

if you are new to the cryptocurrency field then signals can help you to gain some money and also to protect your capital if you follow the rules in every signal but never think about buying those signals because for me its not worth it , they share successful signals with their followers in the bull run which is the easy thing to do but they despair in the bearmarket so its a money stealing for me ..

Your reply is conflicting with each other. You are telling new traders could gain some money and could protect portfolio and on the other hand, you think buying signals are worst. So which signals are better? Free signal? Isn't it worst more? Paid signal groups just share a few signals in the free group and when you see that coin already pumped. Now it will consider as gambling if you buy that coin from the free signal. It would pump a little more or could dump hard. So free subscribers think their paid signals are more potential and that's how they join there. I will just encourage you to get updates from the free signals group. Don't trade based on their signals.

Thanos01

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if you are new to the cryptocurrency field then signals can help you to gain some money and also to protect your capital if you follow the rules in every signal but never think about buying those signals because for me its not worth it , they share successful signals with their followers in the bull run which is the easy thing to do but they despair in the bearmarket so its a money stealing for me ..

so if you found a good free signals channel then i advise to go for it , otherwise stay away from them man.

carlfebz2

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Quote from: bL4nkcode on August 05, 2021, 12:29:12 PM

Quote from: ultrloa on August 05, 2021, 08:54:33 AM

I agree with you we don't need to pay those signal groups since this just a waste of money, doing a research is somehow the answer towards our needs on tradings since if we just rely on those self proclaim trading coach then there's no good future for us in future in the long run.

Oh, I never thought that there are signals that needed payment, eh, for what? They obviously gain profit already because of the actions of their followers while leaving them behind after their leader reach their target price.

Usually this is via subscript or per month basis.

https://elliottwave-forecast.com/trading/best-crypto-signals/
https://medium.com/coinmonks/top-3-telegram-channels-for-crypto-traders-in-2021-8385f4411ff4
https://www.technicaltradingsignals.com/bitcoin-trading-signals
https://stormgain.com/crypto-trading/trading-signals

Groups like these do exist. Dont mind about they are making money because they arent really that real most of the time.

slaman29

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Quote from: Oilacris on August 04, 2021, 06:09:27 PM

Quote from: slaman29 on August 04, 2021, 01:18:06 AM

Normal trading with no leverage on $1000, daily 1% and compounding: almost 6000 after 3 months. $1.3 million after 1 year.

Thats if you do able to sustain that 1% but considering that you are putting your capital on crypto coin and not on usdt or fiat then expect that profit of yours would be mainly affected.

It do really simple as it sounds but maintaining those numbers alone isnt something that you could just simply do.Sustain is the primary concern when you do deal into this market
If you could able to do that then consider that you are doing good but if not then you should try to make adjustments until you do able to reach that goal.
Signals are free but you could actually make your own and its totally dumb if you do pay something for that.

That's my whole point though. Anyone who says they can sell you a signal guaranteed to make 1% a day (and as I said they say this to make them appear a whole lot more "real" than others who claim 5% profits), is lying.

Paying for signals is dumb. Acting on signals alone is even dumber:)

bL4nkcode

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Quote from: ultrloa on August 05, 2021, 08:54:33 AM

I agree with you we don't need to pay those signal groups since this just a waste of money, doing a research is somehow the answer towards our needs on tradings since if we just rely on those self proclaim trading coach then there's no good future for us in future in the long run.

Oh, I never thought that there are signals that needed payment, eh, for what? They obviously gain profit already because of the actions of their followers while leaving them behind after their leader reach their target price.

ultrloa

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Quote from: Oilacris on August 04, 2021, 06:09:27 PM

Quote from: slaman29 on August 04, 2021, 01:18:06 AM

Normal trading with no leverage on $1000, daily 1% and compounding: almost 6000 after 3 months. $1.3 million after 1 year.

Thats if you do able to sustain that 1% but considering that you are putting your capital on crypto coin and not on usdt or fiat then expect that profit of yours would be mainly affected.

It do really simple as it sounds but maintaining those numbers alone isnt something that you could just simply do.Sustain is the primary concern when you do deal into this market
If you could able to do that then consider that you are doing good but if not then you should try to make adjustments until you do able to reach that goal.
Signals are free but you could actually make your own and its totally dumb if you do pay something for that.

They always think about passive but in reality its hard to achieve the said target since first we need to consider the volatility and second there's no always win on trade. That's why we need to consider the huge risk for doing trades.

I agree with you we don't need to pay those signal groups since this just a waste of money, doing a research is somehow the answer towards our needs on tradings since if we just rely on those self proclaim trading coach then there's no good future for us in future in the long run.

Oilacris

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Quote from: slaman29 on August 04, 2021, 01:18:06 AM

Normal trading with no leverage on $1000, daily 1% and compounding: almost 6000 after 3 months. $1.3 million after 1 year.

Thats if you do able to sustain that 1% but considering that you are putting your capital on crypto coin and not on usdt or fiat then expect that profit of yours would be mainly affected.

It do really simple as it sounds but maintaining those numbers alone isnt something that you could just simply do.Sustain is the primary concern when you do deal into this market
If you could able to do that then consider that you are doing good but if not then you should try to make adjustments until you do able to reach that goal.
Signals are free but you could actually make your own and its totally dumb if you do pay something for that.

michellee

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I do not believe 100% in signal trading because if I got a signal from somewhere, I would analyze more to find out if that signal really works or happen in the next hours or days later. Usually, I will search why the price will go down based on that signal and there will be more information to show what is happening to that coin/token and vice versa. So you should do the same thing if you got the signal trading because there is no guarantee that the signal can give you a chance to make a profit or getting the best time to buy the coin.

slaman29

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Quote from: shield132 on August 03, 2021, 04:48:33 PM

Okay, I'll just give you one example:
1. Normal trading - Invested money - $1000, daily 10% rate (full reinvestment) - In 60 days, you get $300 000.
2. Futures trading - Invested money - $1000, daily 10% (3x leverage = 30%, full reinvestment) - In 60 days, you get 6.8 Million USD.

And, days don't have to be in a row

So, when you always hear nice words, use the daily compound interest calculator to see the real world!

I guess people actually either don't have the brains to do simple math or don't have the common sense to see through thick illogic.

Even let's not use daily 10%, which very few "smart" signal groups will tell. The trick these days is to show people what looks realistic, like 2% daily profit (which in our minds seems wow okay, he isn't claiming 10%, just tiny 2% which is so realistic).

Normal trading with no leverage on $1000, daily 1% and compounding: almost 6000 after 3 months. $1.3 million after 1 year.

Mkmanik

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signal group means pump and dump group. I have joined a lot of groups. but all of them are free to use, I mean not yet joined any paid signal group. Personally, I believe those group owners most of the time tried to dump their own holding coin.

I just follow if there is any good chart setup. I like to take ideas but never tried to copy their signal. There is no accurate signal, most of the signals failed to hit TP. So instead of joining those groups, it would be nice if you tried to develop your skill for trading.

Dont waste your money on paid group signals. Try to understand the basics of candlestick patterns, Technical analysis, risk management, etc. You will get a ton of free videos on youtube about this. just spend some time developing your skill.

shield132

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Quote from: magneto on July 26, 2021, 07:29:11 PM

Absolutely do not trust signals.

Think about it this way: if the signals were actually legitimate, then why wouldn't the people running the signal service just use it themselves?

It makes absolutely no sense for them to sell it as it would diminish their own profitability, and make the opportunity disappear.

The only logical explanation is that they are making money off YOU. This goes with any telegram pump & dump group as well.

There is one good website that lets you to calculate the daily compound interest, here is the link: https://www.thecalculatorsite.com/finance/calculators/daily-compound-interest.php

So, just insert the amount of money that you have right now and also the percentage of % that you think you'll achieve by following the trading signals and then choose the numbers of days with 100% daily reinvestment rate. Also, if you trade in futures market, then consider that you can also use the leverage.

Okay, I'll just give you one example:
1. Normal trading - Invested money - $1000, daily 10% rate (full reinvestment) - In 60 days, you get $300 000.
2. Futures trading - Invested money - $1000, daily 10% (3x leverage = 30%, full reinvestment) - In 60 days, you get 6.8 Million USD.

And, days don't have to be in a row

So, when you always hear nice words, use the daily compound interest calculator to see the real world!

darklus123

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The pumping and dumping signals is one good way to manipulate market specially when you are talking about sh*tcoins. sh*tcoins can really be a good business.

developer creates a sh*tcoin and advertise it to pump the price. Some risks buying it hoping it is a good one but in the middle of the pump suddenly price will collapsed until it is no longer worth it.

Raflesia

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Quote from: Woodie on July 31, 2021, 12:38:37 PM

I do believe in signals, we do have genuine and scam groups.. and the problem is we have to many of them around and the bad part is some of these groups use other groups signals to deceive unsuspecting clients how good they are and in the end lure them to invest.

Unfortunately we all know how this ends, the people winning in all this are the owners of the group and not the trader who usually falls into their scheme.

Then how to distinguish the original signal group? do you think it's true there is a valid signal? i don't even think so so i just know that signal groups can take advantage of one side of their news and analysis to trick other members so what i know is all of that is risky on trades that signals issue to buy what it suggests, it won't be good.

That's how the group owner will know in advance which one to buy near the opportunity while for his members to buy after the opportunity occurs, maybe that's their trick on trading signals.

Strongkored

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This is my though about trading signal
1. There is no accurate signal
2. Traders must still understand when to enter or exit the market
3. Sometimes the costs incurred (if you follow the paid signal) are greater than the profits obtained
4. Most of the trading signals are pump and dump groups and they have already purchased the coin to be pumped and the chosen coin is the low cap, and some also coins that are announced will be delisted from the exchange.
So I'm not believe on signals, because this can also make us lazy to learn about the market

sheenshane

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Quote from: Anonylz on July 31, 2021, 04:04:08 PM

What signals! If they were good enough many traders would be using them alot by now, before many people thought they c make huge profit by using such signals but to trade, this is no longer the case as people are more aware and wise enough, majority I see on Telegram are most likely scam because they can invade your pm with useless signal ads looking for prey, better to learn TA on your own.

In trading, there's prey and predator/whales, and in every session, you either belong to these groups. Whales are very aggressive in making money and if whales have a trading signal group, they will surely be the first who will make money even though other's will not. So if you will join a signal group, it is a little risky to rely upon that tools.

However, you can try to join if you want for the references, but don't be ever follow them which makes you confused. But beware of scammers, they are too always pretending good traders that didn't even know about the market situation.

Anonylz

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What signals! If they were good enough many traders would be using them alot by now, before many people thought they c make huge profit by using such signals but to trade, this is no longer the case as people are more aware and wise enough, majority I see on Telegram are most likely scam because they can invade your pm with useless signal ads looking for prey, better to learn TA on your own.

Topic: do you believe on signals? (Read 412 times)