Topic: If they have the ability why would they sell? - page 5. (Read 576 times)

Because most of them can't actually trade lmao. And even if they end up making bad trades, who cares as they make money off the subscription of people anyway.

And when talking about pump and dumping, yea — they'll just buy certain low-cap tokens and tell their "subscribers" to buy. Then they dump the coins because the coins rose in price due to their subscribers buying.

These are some common questions, that come to mind when one is forced or get to know about Premium/VIP Signal groups. Where they could earn a hell lot of money but first we have to buy their subscription. I also used to be as skeptical as you are now on this issue. And I always tried to remain vigilant to all types of scams too because if what your second friend is saying is true then yeah we can call it a scam.

The point is, what I did? When I had these types of queries in mind? I simply ask one of my friends to share the signals with me that they are getting from those VIP groups. But I do not follow those signals instead just observe them and try to make a winning ratio. As I do not have access to their background history, so I used this method to analyze their experience.

Another way is to avoid all those traders who are at a lower level because those who are not so public and have a lesser approach do not buy their signals because you don't even know them. For example, I used to follow P4Provider and WaqarZaka on FB and YT. Because they are public entities and at least I can take some action against them if they try to scam us. So, never fall for new guys who are there to scam us only.

And you asked why did they do that. Because they want to make extra bucks too. Let's say you are doing all the analysis and 70 to 90% sure about your analysis and predicted the market and then what? You will take entry and make some profit and all of that analysis will go to waste. So you decided to share that analysis with others but in exchange for money. Isn't that a good idea? I would do the same. And there is a plus point which is we as signal providers ask others to sign an agreement saying, the losses and the profits are not on us instead you are following it on your own will. That's enough to save yourself from any cases.

Instead of relying on random crypto signal groups, they may be a group of scammers or fools looking for a quick profit, why don't you and your friends organize a paid event here where you and your friends look for people who are good at analysis and ask them to join the group in exchange for a monthly return, or create a topic here that is open to everyone .you will guarantee that you will not be scamed and you will determine if the person is an expert from his previous posts.
It is true that this service may cost you some money, but it is better than random crypto signal groups on Telegram, although I see that all of these groups are closer to scam than reality.

The simple reason would be money but there are a few stragglers out there that does it to create a sense of community in the crypto space. Regarding the money, it's common sense already that if you can make people pay you money because they believe in what you do and that you have the ability to do so, why not make an extra buck out of it and not to mention that if you ever fail in your signal which is likely to happen especially for these so-called "pro traders", they still be able to make money out of the pockets of their subscribers.

that's their goal, to get money from people who believe and follow the signals they use. no one knows how professional they are. but what can prove it is your friends who have joined paid groups like that.
Even those who initially provided signals for free eventually after enough members joined, would think about doing business to earn more money.

the motive for everything is just a business to make money in a popular community. It's like, if the market is currently busy with health medicines, they will sell medicines to make a profit. and pretend to be a doctor or pharmacist.

I don’t believe in trading signals, so I will tell you there are no real trading signals. I have seen different trading signal groups, and I noticed that all are fake, so I already concluded that there is nothing like real trading signal groups, all of them are just after money which they will be making. That’s why, as a trader, it’s just better to learn how to trade and not depend on any trading signals because most of them are just fake.

Most of the signal providers are just doing that because of their selfish interests. The motive behind creating such groups is just for them to make money. They will create a group, and ask people to pay before they can be added, if you don’t pay, you won’t be added to the group. After you have been added, most of them end up providing wrong signals, and there is nothing that can be done about it because you already paid for the group, and they have nothing to lose, People that followed the trade are the ones that will lose. You will be losing the money you used in following the trade, and you will be losing the money paid for the group.

If they don’t pretend to be professional traders, then nobody will subscribe to the group. All signal groups will pretend to be professional traders to get people’s attention. If you join, you will discover that they know nothing about trading, but they will have collected their money by then, and you won’t be able to get a refund.

Most of the signal groups are always wasting their time marketing those groups so that people will pay and join. As a professional trader, they won’t even have time to waste forcing people to join their group, but most of those groups are always looking for ways to force people to join, which is already a red flag.

Maybe they think that first they learn to use money until they can become professional traders so when they create a free group and offer paid groups, they say that there is no free lunch.
So it's only natural that they create paid groups as long as they really teach knowledge and knowledge about trading properly and correctly so that their members can become professional traders.

But unfortunately, only a few of them are truly professional traders because I have a friend who can trade but he claims he can't trade.
And strangely, every time my friends and I gather to discuss market movements, he is always the one who provides an explanation of all the possibilities that could happen in the market.
So in my opinion, a professional trader is not someone who wants more money by opening a paid private group because he knows that teaching someone is not easy and it takes a long time until he really understands what he is being taught.

Getting member joining fee is not their main target if they are scammers. They want to earn more from pump and dump games. Group members can get profit or become victims if they are too late with signal receiving by difference in time zone or whatever reasons. If they join pump and dump games too later, they certainly get big loss.

Trading is risky and they know it but they also know more than newbies know. Pump and dump games are very attractive with newbies who don't have knowledge about trading but have greediness. They chase profit with their empty brains so such groups are their favorite places to join. Group owners only give some polishing successful trades to attract those newbies.

They spread signals so they buy first before releasing those signals. Therefore they take very slim risk while have big chance to earn big profit with their games.

I know that the most expensive advertising is in groups for traders. In addition to expensive advertising, the channel author earns money through affiliate programs, when registering through referral links. They also sell various training programs: trading courses, paid webinars and coaching, and book sales. Additionally, there may be wild consultations.
Group members will always have the opportunity to spend their money.

Why are there traders who create trading signal groups and slowly sell signals to their members or charge fees for those who want to join their premium group? because as a trader he knows that it is easier to make money by selling his signals than using signals that are sold for his own trading, because there are still many traders who don't realize this, what they do is the same as bloggers who sell ebooks on how to make money from blogs.
I have joined both free and paid ones, the results are not much different and it could be said that it is stupid to continue to be in this group because the channel owner can make thousands of dollars from fees while members still have to struggle to make a profit, many signals of which don't work well.

They are real because they actually release signals for their group members. Good or bad signals, it is another matter.

If you don't have proof to know they are professional traders and get rich by trading, don't join their signal groups and don't use your money to trade with their signals.

I also have to warn you that even they are professional traders, succeed or fail at the end depends on you. They can give you good signals but you are disciplined enough, patient enough to complete a trade with profit, it's a different thing and surely mainly depends on you.

If they are bad traders, they create such groups to make pump and dump games. Victims are you and other members.

From which platform does the group belong, because scammers are everywhere, let say, if it a Telegram channel, in telegram there many scammers that claim to be good in treader, but still there are channel that are legit and reliable. Why don't you learn about trading, and stop looking for signal. People that are involved in trading for so long are the people that you should learn from, not that they are perfect but due to the experience they had.

One person can not earn everything well trading alone, sharing the signal also help the coin to get value,

If the trader lose, will the signal provider return the money the trader paid? No

Can you know if they are experienced trader? No. You can see a trader that is winning, but suddenly losing and later the net profit is negative.

Learn how to trade yourself and use little amount of money to trade, the amount of money that you can afford to lose. Signal groups only care about their own pockets.

Because they want to make money and the money can not be from trading because they do not know how they can make the profit 

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.

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?