If they have the ability why would they sell? - page 2.

Viscore

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Live with peace and enjoy life!

Quote from: puloweh555 on September 13, 2023, 12:24:56 PM

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.

Kasabus

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Activity: 2814

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Probably they aren’t getting profits from it in the first place that’s why they decide to bargain it and here come these innocent people trying to take advantage and end up losing their funds in the end. The higher the chances people resort into trading signals to use as their own, the bigger they acquire losses from trading. Except for professional and profitable trading signals providers as they can be reliable, but most of them who sell their trading signals, their actually not worth the penny. Everything that is too good to be true is actually a fake one and will only ruin your finances in the end wishing you didn’t bite the offer in the first place.

goaldigger

sr. member

Activity: 2422

Merit: 357

Quote from: alistera on September 14, 2023, 03:35:33 PM

Monthly subscriptions don’t work, I use a system which is one time on an instance or the source code, which I have, it creates signals but I can adjust the coins it tracks for highest profits, like XTZ last month but Doge a few months ago.

This is also why signal trading is not ok, better to be more careful if you are going to follow this kind of signal.
Traders don’t need to have a certificate though because anyone can be a trader. Creating a signal group will always have a reason and most of it is to scam their believers, so if they are claiming to be 100% safe with a minimal fee, better to run away because its a potential scam and you’ll gain nothing from them.

alistera

newbie

Activity: 4

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Monthly subscriptions don’t work, I use a system which is one time on an instance or the source code, which I have, it creates signals but I can adjust the coins it tracks for highest profits, like XTZ last month but Doge a few months ago.

ajiz138

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Quote from: Z390 on September 11, 2023, 07:22:00 AM

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

There are no certificates for traders who are called professionals, usually they often post on social media about the benefits of trading but other people always think they believe it, but I'm not sure.

Quote from: Z390 on September 11, 2023, 07:22:00 AM

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

Yep, of course there is another motive, namely getting money from members who join by subscribing every month to the signal group that was created, maybe when they have become professional traders but they just want to use their skills to deceive others.

Quote from: Z390 on September 11, 2023, 07:22:00 AM

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?

It makes sense because a professional trader will not continue to make a full profit, there will definitely be losses and mistakes in analyzing it, my guess is that those who make this kind of thing are to get additional income from what they make.

Unbunplease

legendary

Activity: 1806

Merit: 1161

Quote from: AicecreaME on September 14, 2023, 10:41:04 AM

I'd rather trust advices from a group of trading experts rather than relying on free signals.

Being a parasite to have those free signals will never bear anything in the long run, compare to advices which you can use on developing your skills in trading, because it will guide you and answers everything that you wanted to know. I also knew a group in Facebook which they guide newbies and they help each other but not giving any signals, instead they are just giving their opinion on a certain chart for example, etc.

In fact, trading experts - if they really know how to make money - won't give good advice for free. And if they give you advice for money, that money may be the only thing those "experts" get. So rely on yourself and your intuition, not on other people's opinions.

tjtonmoy

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Quote from: Z390 on September 11, 2023, 07:22:00 AM

~snip

I think you have been in this forum for a long time and you have done your research. If so, then you already know from many topics created in this trading section about signals, trading groups, bots, AI bla bla bla. Anyway, if you haven't done that yet, then I will suggest you do that first. I will never suggest anyone join any trading signal group and do trading given by their signals. Doesn't matter if they provide legit signals or not. You will become dependent on them. And when they will vanish and you will be left with nothing, how will you trade? All you did was follow their command like a mindless fool. Now you need to trade but you have no idea how to do it.

All I am saying is, that learning it and doing it on your own will always be the best course of action. Whether is it a short-term goal or a long-term goal. The thing you learn by yourself will stay with you till the end. You won't have to depend on others to achieve your goals. Focus on the future rather then prioritizing your present small goals.

AicecreaME

sr. member

Activity: 2436

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I'd rather trust advices from a group of trading experts rather than relying on free signals.

Being a parasite to have those free signals will never bear anything in the long run, compare to advices which you can use on developing your skills in trading, because it will guide you and answers everything that you wanted to know. I also knew a group in Facebook which they guide newbies and they help each other but not giving any signals, instead they are just giving their opinion on a certain chart for example, etc.

tbct_mt2

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Activity: 2366

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Quote from: tvplus006 on September 14, 2023, 09:27:53 AM

There are too few real successful traders who regularly trade with profit.

They are professional traders and trading is their job. They only trade if they see good chance to have profit and see very slim risk if they open a position. They are experienced enough to ignore trading if they see risk is big.

Quote

In contrast, the owners of signal groups have a constant income, which does not depend on the state of the cryptocurrency market. In such groups, everything depends on how skillfully he will justify his unsuccessful deals so that the number of subscribers does not decrease.

Owners of group signals know newbies want to get rich quick with small capital. They give signals of their pumps and dumps that come from money of their group members.

They are skillful with their mouths and key boards for typing to deliver very convincing messages to signal receivers. It is roght that they get constant income from group membership fee and profit from their signal games.

Plaguedeath

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Activity: 854

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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.

Lorence.xD

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Leading Crypto Sports Betting & Casino Platform

Quote from: justdimin on September 14, 2023, 08:22:53 AM

Quote from: rat03gopoh on September 12, 2023, 05:19:57 AM

Quote from: Z390 on September 11, 2023, 07:22:00 AM

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

Usually signal owners post each of their entries in groups and people can conclude how often they close positions with profit results.
But yeah, no one can confirm whether the screenshots shared are belong to the owner or whether they're just forwarded from another signal group. Sensibly, professional traders wouldn't take money from noob traders that way.

This is the problem, you do not know if it's legit or not and why would you want to join something you are not sure if it's legit or not. I would say away from something like that because it makes no sense at all, it really doesn't make sense on the long run.

I think it should be important to realize that we are going to end up with a result that would be a bit harsher and you should be able to make it work eventually. I know that it is not that easy and it doesn't make sense at the moment to just trade based on signals of someone else, so it's much better to find your own signals and you can do that by studying indicators, when indicators hit certain levels you have your own signal and you can buy or sell accordingly.

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.

It's really part of your progress, to learn on your own via experiences cause in the end of the day, you, yourself is the only person you could rely on in making risky decisions because it's your money at stake not anyone's. From your experience you could take it as a lesson to build up your skills and decision making.

tvplus006

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To the Moon

Quote from: Z390 on September 11, 2023, 07:22:00 AM

...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? ...

There are too few real successful traders who regularly trade with profit. In contrast, the owners of signal groups have a constant income, which does not depend on the state of the cryptocurrency market. In such groups, everything depends on how skillfully he will justify his unsuccessful deals so that the number of subscribers does not decrease.

Mr. Magkaisa

sr. member

Activity: 938

Merit: 303

Quote from: Litzki1990 on September 12, 2023, 12:15:49 PM

We have a purpose for trading, hopefully everyone has the same purpose. Everyone wants to make money by trading.
An investor has a lot of money and tries to make more money by trading, so is he doing something wrong? I mean, no matter how much money a trader has, if the market goes up after trading and he feels he has made enough profit, he should now sell his investment, then I don't see anything wrong.
People who have specific targets fixed do not wait for a long time only they wait until their targets are met. If an investor invests in a coin with a long-term plan, he will have another plan in addition to the long-term plan, how much money he will get from this investment in this long-term. If he gets money as expected before time, then why he will leave his money unnecessarily. So I think it is a good decision to sell your investment at the right time.

- Yes, that's right, all traders have only one goal, and that is to make a profit. Today, we do not have the same understanding and approach to conducting trading activity. We each have our own prediction and our own method of how to make money in trading.

That's why there are two types of traders: short-term traders and long-term traders. In this market situation, it is better and more prudent not to sell at this time because we can still be considered bearish. That means this is not the right time to sell if we are long-term holders.

justdimin

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www.Crypto.Games: Multiple coins, multiple games

Quote from: rat03gopoh on September 12, 2023, 05:19:57 AM

Quote from: Z390 on September 11, 2023, 07:22:00 AM

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

Usually signal owners post each of their entries in groups and people can conclude how often they close positions with profit results.
But yeah, no one can confirm whether the screenshots shared are belong to the owner or whether they're just forwarded from another signal group. Sensibly, professional traders wouldn't take money from noob traders that way.

This is the problem, you do not know if it's legit or not and why would you want to join something you are not sure if it's legit or not. I would say away from something like that because it makes no sense at all, it really doesn't make sense on the long run.

I think it should be important to realize that we are going to end up with a result that would be a bit harsher and you should be able to make it work eventually. I know that it is not that easy and it doesn't make sense at the moment to just trade based on signals of someone else, so it's much better to find your own signals and you can do that by studying indicators, when indicators hit certain levels you have your own signal and you can buy or sell accordingly.

Fivestar4everMVP

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Leading Crypto Sports Betting & Casino Platform

Quote from: Z390 on September 11, 2023, 07:22:00 AM

.

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?

You sure have a valid thought and point here, I personally have never been a fan of using or depending on some signal group for my trading activities, simply because of the already known fact that majority of such groups are being managed by scammers who are after nothing else but my money .

And I think that in as much as this space or saturated with scammers, I won't particular conclude that every trading signals group out there are owned by scammers, no, I personally believe that there are still a very few legit once that are owned and managed by highly professional traders who are just offering the subscription stuff as a means of creating multiple streams of income for themselves, but then, I will also mention that the scam groups have overshadowed the legit ones, it's pretty hard to differentiate the wolf from the sheep in this subject matter, so the best way to be save out here is not just stay away from every trading signals group.

MFahad

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Eloncoin.org - Mars, here we come!

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.

Finestream

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Some prefer to sell their trading signals probably because they aren’t sure too if it will be working in the long run. So instead of using it on their own and may lose their funds, at least through selling they will gain fixed profits that they might not gained if they personally use their own trading signals. However, some trading signals may actually work but if you trade and keep using other trader’s trading signals, you won’t be able to grow as a successful trader and might only be profitable at first but eventually lose all your money if you pursue trading without knowing how to make and analyze your own trades.

Questat

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These people have no other intention but to fool and deceive people by pretending that they are right and that their signal is working effectively. After giving free signals, they'll then ask for money in exchange for these unreliable signals.
Yes, if we are going to analyze it carefully, how they could say they are right knowing that the market is unpredictable? Because if we are really on our mind, we can think that is not true but all of those signals are just their personal market assumption and predictions. No way to trust them, they are useless indeed.

Johnyz

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Quote from: Vaculin on September 13, 2023, 04:37:42 PM

It’s clear that these people are just trying to steal our funds and pretending to be pro traders is just their excuse to lure people to subscribe on them and get their funds. This is literally a form of scam, and if you easily fall on their trap, you’ll be one of their victims who only trade and use their trading signals and get nothing in return.

In reality, they are not making profits from their own trading signals, but only to those people who have mistakenly trust them and pay them unknowingly.

Though they are doing this on a good rate at first but eventually, once they get your trust you can start expecting that those signal group will slowly fade away.
Paying them is like a waste of money and if you follow their suggestions, then that could be a total loss for you. Instead of paying those signal group why not use that funds to learn trading on your own? I mean its better to invest on yourself than to trust anyone especially if this is all about your money, you should be the one to have control over it.

Vaculin

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Winding down.

It’s clear that these people are just trying to steal our funds and pretending to be pro traders is just their excuse to lure people to subscribe on them and get their funds. This is literally a form of scam, and if you easily fall on their trap, you’ll be one of their victims who only trade and use their trading signals and get nothing in return.

In reality, they are not making profits from their own trading signals, but only to those people who have mistakenly trust them and pay them unknowingly.

Topic: If they have the ability why would they sell? - page 2. (Read 576 times)