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Topic: If they have the ability why would they sell? (Read 602 times)

member
Activity: 412
Merit: 10
October 05, 2023, 11:53:00 AM
#94
This is actually my first time creating a topic in this section called trading on the forum, I have a question in mind and I look for trading section so as to fit my question, and here I am.

Are crypto signal groups for real? I have friends that are into this stuff and I don't feel convenient with it because

1. There is no proof of certificate that shows that the group owners are professional traders.

2. They might have other motives for creating such groups too.

Since this groups are label premium signal groups, they are requesting some form of a monthly subscription, a friend said that most of them are inexperienced traders who are pretending to be a pro traders.

Trading signals are actually not reliable according to my thoughts, as premium groups in the telegram include a lot of scammers, which take only money from the beginners and they didn't even tell them anything about the trading. Mostly, they just give signals according to the graph they had studied.
But I prefer you don't be ever involved in these things, if you are a beginner just take a step to learn trading skills and I hope from yourself you can learn a lot. And it will take time to understand the things that are really involved in trading.
hero member
Activity: 826
Merit: 583
Are crypto signal groups for real? I have friends that are into this stuff and I don't feel convenient with it because
it's real, it's true, and also they have a lot of followers on the telegram channels where they share signals.
if you are not comfortable, then just ignore them. everyone has their own way. You don't need to get too involved in problems that are not a burden to you.

1. There is no proof of certificate that shows that the group owners are professional traders.
they do not have any certificates to show their analysts are professional traders. they share testimonials from the signals they share and the percentage of success of the signals.

2. They might have other motives for creating such groups too.
they want to form a community that follows them. maybe initially it's free, but in the future, they will make a paid one. maybe also collaborate with a new project that asks you to join. but the project could end up being a scam.

hero member
Activity: 1904
Merit: 541
In my understanding, signal trading groups offer to show the capital of others who will trust them to grow it. What percentage is that? That depends on their agreement. Now, how much is the minimum required? The amount is also different and not the same.

That's why I noticed that most of them are scammers. Especially if they know that they will send money to the group you joined, that's when you can see the intention and motive. This is for people who are too lazy to trade and analyze the actual chart or graph. That's why the risk is really quite high. What if you lose, then you have no income? What about the money you traded with them? Will it be lost?
sr. member
Activity: 1484
Merit: 323

My common sense is asking me why will they create such group if they know how to be pro traders already? Like why can't they keep this to themselves and keep making their money? Why are they trying to help and getting subscribers in return? Just my own common sense like I've said. What do you have to tell me?


I have joined crypto social groups before, but the difference is that, the group that I joined doesn't require any subscriptions or what. And yes, they provide signals and analysis about trading matters.
Here is the thing, the one that I joined before is like a community of traders who wanted to help each other in trading but does not demand money in return because the sole purpose of the group is to help everyone to make better trades.

This is actually my first time to hear that there monthly subscriptions in other social groups. And as from what I am seeing here, they probably created the group for them to generate passive income aside from their trades. Or most likely they are scams and makes false signals.
So, in case you are planning to join groups in the future, make sure that they are trustworthy and reliable.
legendary
Activity: 2744
Merit: 1878
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sometimes i do think of it as well that why would you sell but i later realized that its a another way to generate income. basically there are many struggling or losing traders out there and they would like to earn like the pro which is why many people subscribe to a signal group. since people see this as a way to earn more money so they just keep opening premium group and show some flashy photos or videos or winning trades which is enough to get some people to pay for their signals.
Selling a signal is more profitable than trading directly.
Since there is no risk and only one signal is created, it can be distributed to many people.

People who don't want to learn too much about trading and don't want to bother analyzing, choose to buy a trading signal service that helps them more.
But will it really help or is it just a signal that doesn't mean anything?

Some of the free or premium signal groups that I have come across will usually provide some sort of entry and exit targets so that there will be simultaneous buying and selling action by those who subscribe.
This is an opportunity for the signal owner to buy at prices that have not been pumped and sell at prices that have not been dumped, so that the signal owner will have double the profit.

But are there signal groups that really provide education and how to trade well and correctly? Of course, there are and it is quite rare, there are only a few of them, and even then only certain circles.
hero member
Activity: 2968
Merit: 687
This is actually my first time creating a topic in this section called trading on the forum, I have a question in mind and I look for trading section so as to fit my question, and here I am.

Are crypto signal groups for real? I have friends that are into this stuff and I don't feel convenient with it because

1. There is no proof of certificate that shows that the group owners are professional traders.

Only professional traders have those certificates you are talking about. We have real trading OGs in crypto that are good in trading and don't have any certificate, you don't need any certificate to prove how good your are in trading but your portfolio will speak for you. That's the only evidence you need to show the success journey of your trading.

Quote
2. They might have other motives for creating such groups too.

Since this groups are label premium signal groups, they are requesting some form of a monthly subscription, a friend said that most of them are inexperienced traders who are pretending to be a pro traders.

My second friend gave me a signal group and he claimed to be good, but you know, I prefer asking questions before taking any steps, there are too many scammers in and out of crypto world.

My common sense is asking me why will they create such group if they know how to be pro traders already? Like why can't they keep this to themselves and keep making their money? Why are they trying to help and getting subscribers in return? Just my own common sense like I've said. What do you have to tell me?

Let me summarize trading groups for you in short form.

If there 100 trading signals that are in existence, 99 of them are not what they say they are, they are all scammers. If you watch closely, you will found out that they only display their winning trades when in real trading, there is losses too but they don't show that to give you good impression, they know that's what you want to see and that's exactly what they are going to show you to convince to take either a professional course or join their paid group where you will not make any thing at the end. They also make the subscription to be renewable to keep making money from uninformed newbies that want to earn money from traders.
If you do really find yourself that really that joining and keeps on paying up that subscription just because you do really believe that it could really make you profitable then sooner or later which you would really be

banging up your head into the wall on the time that you would really be able to realize that it wasnt really that significant at all because those groups are really just trying out to lure those noobs to join up
without having those significant usage or results that they are promising. If we do really just make use of our common sense then it would really be just that so enough that it would tell us that there's no way that those group owners would really be that asking for some penny subs amounts if they are really that making huge money with trading. They wont really be bothering themselves on running one if they are really
that making truly some huge money but rather they would really be spoiling it on their own rather than on tending to share it up.

99.9% of them are scams and it would be just that bettter if you do find yourself that joining into those groups which are free but sharing up on that relevant information and analysis
on which you could really be apply into yours.
sr. member
Activity: 425
Merit: 252
sometimes i do think of it as well that why would you sell but i later realized that its a another way to generate income. basically there are many struggling or losing traders out there and they would like to earn like the pro which is why many people subscribe to a signal group. since people see this as a way to earn more money so they just keep opening premium group and show some flashy photos or videos or winning trades which is enough to get some people to pay for their signals.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
September 18, 2023, 12:46:56 AM
#87
Let me summarize trading groups for you in short form.

If there 100 trading signals that are in existence, 99 of them are not what they say they are, they are all scammers. If you watch closely, you will found out that they only display their winning trades when in real trading, there is losses too but they don't show that to give you good impression, they know that's what you want to see and that's exactly what they are going to show you to convince to take either a professional course or join their paid group where you will not make any thing at the end. They also make the subscription to be renewable to keep making money from uninformed newbies that want to earn money from traders.
Any trader that is behind a signal group which hides their losses is a scammer, because they know that if they showed their real performance and people saw all the instances in which they made a bad trade and they lost money then no one will be interested in hiring their services.

By hiding their results they are deceiving their clients by making them believe they are better than what their results indicate, and as such we cannot describe their behavior in any other way.
hero member
Activity: 2506
Merit: 645
Eloncoin.org - Mars, here we come!
September 17, 2023, 11:01:24 AM
#86
First of all trading groups are providing signals without asking for any fee but if they ask for some amount of money then realize that their main aim is just gathering money from others specifically from newbies.

 Some trading groups are also worthy not all of these have empty talks and if you are joining the groups which don't get money in return from you then there is no risk for you so if you get some worthy information from it then utilize it otherwise leave it because your money will be save.
hero member
Activity: 980
Merit: 559
September 17, 2023, 06:19:08 AM
#85
This is actually my first time creating a topic in this section called trading on the forum, I have a question in mind and I look for trading section so as to fit my question, and here I am.

Are crypto signal groups for real? I have friends that are into this stuff and I don't feel convenient with it because

1. There is no proof of certificate that shows that the group owners are professional traders.

Only professional traders have those certificates you are talking about. We have real trading OGs in crypto that are good in trading and don't have any certificate, you don't need any certificate to prove how good your are in trading but your portfolio will speak for you. That's the only evidence you need to show the success journey of your trading.

Quote
2. They might have other motives for creating such groups too.

Since this groups are label premium signal groups, they are requesting some form of a monthly subscription, a friend said that most of them are inexperienced traders who are pretending to be a pro traders.

My second friend gave me a signal group and he claimed to be good, but you know, I prefer asking questions before taking any steps, there are too many scammers in and out of crypto world.

My common sense is asking me why will they create such group if they know how to be pro traders already? Like why can't they keep this to themselves and keep making their money? Why are they trying to help and getting subscribers in return? Just my own common sense like I've said. What do you have to tell me?

Let me summarize trading groups for you in short form.

If there 100 trading signals that are in existence, 99 of them are not what they say they are, they are all scammers. If you watch closely, you will found out that they only display their winning trades when in real trading, there is losses too but they don't show that to give you good impression, they know that's what you want to see and that's exactly what they are going to show you to convince to take either a professional course or join their paid group where you will not make any thing at the end. They also make the subscription to be renewable to keep making money from uninformed newbies that want to earn money from traders.
legendary
Activity: 3318
Merit: 1185
Playbet.io - Crypto Casino and Sportsbook
September 17, 2023, 05:20:23 AM
#84
It's really hard to tell nowadays if the group is actually legit or not since they are a group of people working together just to scam poor and innocent people. There's actually group pages that are worth joining where they post any news, updates and trends about crypto including trading.

If the groups are for information sharing only, I don't see any reason why it'll be wrong to join the group as you can use them to stay up to date with what's going on in the market but when they start sharing signals then that's when you have to leave because many signal groups owners aren't professional traders and they're anonymous. When any individual is skills to know how to trade very well, they will not want to expose that but stay hidden and make money in silence.

Those loud traders on the internet exposing their accounts and bragging about how accurate their trade are are doing that to gain followers so they can become cryptocurency influencers to make money from shilling shit coins to their followers and get rich while doing so.
Yes, there’s no wrong if they only aim to educate the people about trading signals but once these signal group owners provide trading signals and ask for subscription fee, that’s the time that we should start doubting. Obviously, it’s not to help us gain profits but for them to take advantage over our funds. If we are still beginners in the trading industry, most likely we easily fall on this kind of trap especially that most beginners nowadays are trading for instant money.
hero member
Activity: 980
Merit: 947
September 17, 2023, 04:32:54 AM
#83

My common sense is asking me why will they create such group if they know how to be pro traders already? Like why can't they keep this to themselves and keep making their money? Why are they trying to help and getting subscribers in return? Just my own common sense like I've said. What do you have to tell me?
Such groups can be created for various reasons, both to make money from advertising, when this group becomes large enough for this, and for possible manipulation of some kind of token. There are many reasons, but you must understand that the one who creates this group primarily wants to benefit for himself, and the last thing he thinks about is his subscribers. If you like such groups, you can use them for yourself, as a test of your own actions in trading, but I don’t know if this makes sense, try to learn from your mistakes and not repeat others.
hero member
Activity: 616
Merit: 749
September 17, 2023, 04:30:21 AM
#82
It's really hard to tell nowadays if the group is actually legit or not since they are a group of people working together just to scam poor and innocent people. There's actually group pages that are worth joining where they post any news, updates and trends about crypto including trading.

If the groups are for information sharing only, I don't see any reason why it'll be wrong to join the group as you can use them to stay up to date with what's going on in the market but when they start sharing signals then that's when you have to leave because many signal groups owners aren't professional traders and they're anonymous. When any individual is skills to know how to trade very well, they will not want to expose that but stay hidden and make money in silence.

Those loud traders on the internet exposing their accounts and bragging about how accurate their trade are are doing that to gain followers so they can become cryptocurency influencers to make money from shilling shit coins to their followers and get rich while doing so.
sr. member
Activity: 336
Merit: 292
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September 17, 2023, 02:58:41 AM
#81

That's the common things, this world is full of scammers. To me most of these groups seem to be primarily scammers but it can be different in some cases who provide signals as well as some technical knowledge. I always avoid relying on others for trading, because I have faced losses many times in my life.
But there may be some dedicated persons who give free signals to increase their exposure and maybe help people, I have seen some groups through which it is possible to earn profit. But remember one thing but there is no guarantee that there will always be profit in trading.
Trading has both loss and profit. One trader will lose, and another trader will gain. But some groups can be followed which give some idea about the signals as well as technical and fundamental knowledge. Moreover, I don't think it is wise to avoid any group that guarantees to bring you profit just by giving signals.

Of course the world is full of scammers, but the more premium signal groups that provide people with signals for trading, the less likely they are to be scammed.Such groups give you signals but their signals have a very low profit margin.They have 70% to 80%  signal accuracy.Some people even earn great profits from their signals but trading on their signals requires a large amount of money.


Some people also give free signal for first demonstration, and give an impression of how good my signal accuracy is, then after some time the same people create premium group and ask people for monthly money. Of course, there are both gains and losses in trading. You can make good profit and you can also make loss. A trading signal group can be followed but in my opinion one should try to learn on their own rather than relying on others. It is better to gain knowledge and experience on one's own rather than paying others. , because if others can learn and tell you, why can't you try and learn.
hero member
Activity: 1036
Merit: 933
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September 17, 2023, 12:40:23 AM
#80
My common sense is asking me why will they create such group if they know how to be pro traders already? Like why can't they keep this to themselves and keep making their money? Why are they trying to help and getting subscribers in return? Just my own common sense like I've said. What do you have to tell me?
That's the common things, this world is full of scammers. To me most of these groups seem to be primarily scammers but it can be different in some cases who provide signals as well as some technical knowledge. I always avoid relying on others for trading, because I have faced losses many times in my life.
But there may be some dedicated persons who give free signals to increase their exposure and maybe help people, I have seen some groups through which it is possible to earn profit. But remember one thing but there is no guarantee that there will always be profit in trading.
Trading has both loss and profit. One trader will lose, and another trader will gain. But some groups can be followed which give some idea about the signals as well as technical and fundamental knowledge. Moreover, I don't think it is wise to avoid any group that guarantees to bring you profit just by giving signals.
sr. member
Activity: 840
Merit: 377
September 16, 2023, 11:52:24 PM
#79
~Snip

Are crypto signal groups for real? I have friends that are into this stuff and I don't feel convenient with it because

1. There is no proof of certificate that shows that the group owners are professional traders.
It is true, if you look at the certification, the traders who are under the auspices of this crypto signal platform do not have a truly clear certification regarding their professionalism in trading crypto. However, what I know is that most likely the traders under the crypto signal platform are indeed professionals in the field of crypto trading. Because even though I have never used a crypto signal platform at all, what I have heard from several of my acquaintances in the crypto world who like to use crypto signal platforms, is that the signals given by traders on the platform are often correct. So keeping this in mind, I can't say that all crypto signal platforms are scams or lies. Although it does not rule out the possibility that there are crypto signal platforms that were created to deceive. But in reality it seems like this crypto signal platform can also be trusted.

~Snip
My common sense is asking me why will they create such group if they know how to be pro traders already? Like why can't they keep this to themselves and keep making their money? Why are they trying to help and getting subscribers in return? Just my own common sense like I've said. What do you have to tell me?
In my personal opinion, crypto signals are definitely a business and there may be an intention to utilize the knowledge they have to benefit many people. Because for example like this, many millionaires or trillionaires hold seminars related to their success in managing business. And to attend the seminar there is a fee per person. So if you refer to OP's opinion, why do billionaires or trillionaires want to share their knowledge with many people? and why doesn't the trillionaire use his knowledge and experience for himself, that would be better and less troublesome. So in essence, the crypto signal platform also creates a business, in the field of services related to crypto trading, and in return charges a registration fee to its consumers.

And it is very likely that the profits that can be achieved by this crypto signal platform are quite large. In addition, traders who fall under a crypto signal platform, apart from providing signals to their customers, will also most likely carry out their private trades. So the trader has income from his personal trading and also provides signals to his customers.
hero member
Activity: 2940
Merit: 715
September 15, 2023, 03:51:26 PM
#78
I don't see them being profitable when they decide to sell it to other people. The only way they'll be in profits is when people decide to subscribe in them and follow their trading signals. While they can be making money out from us, we are also losing and wasting our money on the other part as these trading signals may not be totally reliable and may not be working in the long run. This is the reason why it's better to analyze the market on your own and crate your own trading signals that will definitely work on you as a trader.
jr. member
Activity: 1890
Merit: 3
September 15, 2023, 03:04:38 PM
#77
Have been a victim of premium groups multiple times, spent a lot, and actually never made anything from them. Most of those group owners are not professionals themselves they only claim to be, their main source of income is from the subscriptions people are paying them. Everyone should be careful to avoid being a victim of such scam.
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
September 15, 2023, 02:54:59 PM
#76
I often get invitations to Telegaram groups, in the end the admin offers a premium signal group but I'm not interested. Because in my opinion, if they can predict signals correctly, why are they still looking for profits through members? This is what makes me uninterested, as if there is something they want to do with the aim of getting rid of us. So, if you are invited to join a singles group, it's best not to. Doing your own research and trading independently is much more satisfying.

But what makes me wonder is how come this signal group has so many members and there are testimonials from its members who say it is one hundred percent safe and proven. I wonder if there is a conspiracy with the perpetrators?
Most likely, they are paid testimonies just to promote their trading signals. Or worst is that these trading signals providers are the ones who are also leaving positive reviews on their own group. So if you don’t make a deep research, you will not know that these are all lies and anyone who fall on their strategy will certainly regret in the end.
Thats why in depth research is really that relevant or significant because we do know that creating false or fake feedbacks is really just easy as 1..2..3 knowing creating accounts is really easy as pie.
Therefore, chances those feedbacks are really just that on the same owner which we should really be needing to look upon or we should really be that careful or else we would really be easily be victimized if we arent really that vigilant or really that observant. Always be having that realistic approach on things which its true that if they are really that making money then they wont really be bothering themselves on creating a group
for some extra income which could only get some peanuts.

This is why it would be always that recommended on making your own trading analysis and steps on which you would really be learning at the same time rather than on following someone
on every trades that you do make. Nothing beats out on the learning that you could get came from your own experience and dealing with this market.
hero member
Activity: 2324
Merit: 562
DGbet.fun - Crypto Sportsbook
September 15, 2023, 02:49:06 PM
#75
Because they're a salesman, sales make profit by selling a product, signal group is the product.

If they're not selling any course and give it for free, they might earn money through their referral link or asking their member to use their exchange.

If they're not selling any course, give it for free, not share any referral link or asking to use a specific exchange, they're earn money through Youtube ads or people who're donating in their live stream.

The signal is not the required in the trading,the signal itself the product some people target the fresh traders.All the freshers will come across the signal pump and signals dm from some representative.If you learn trading using your own knowledge,why should you need to hire or pay for the signals.Just spend some time to learn the trading,even it take one month.It will be your time invested on the way of good profit in the future.I had come across many people who had earned huge money after they learned from their own knowledge and the experience.
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