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Topic: I'm wondering who trades with paid signals? (Read 916 times)

full member
Activity: 783
Merit: 100
there are lots of people of course using paid signals, but maybe with a different technique. it seems for them to mention their paid signal will be difficult, we can only get stories from their experience not paid signal technique. that is certain they are using and some are not using
full member
Activity: 826
Merit: 100
I tried crypto chipher for some time and i can tell it works but you need to have a lot of money to have good profit. Signal work and are based on trading analysis.
Why we need lots of capital to trade along with their signal? I am seeing 2 possibilities for your statement:
1. Either they may give short term signals so we need to have more number of positions to gain significantly.
2. Or, they provide signals for multiple assets at a time hence we need big capital to open positions in more number of assets. This way, some signal will work for profits and rest will lead to losses. But, overall profits will be possible as they cover more assets.

An efficient signal provider must support even small capital based trader as well. But, I am also seeing some premium signal providers are sitting limit for capital to avail their services. But, I will not justify their rule.
I agree, signal owners should also pay attention to small investors, which they also have to set up retails in order to have a solid community. sometimes if we think of small capital with a large amount in the end it also becomes big capital too. however, sometimes small investors are more sensitive and impatient to build strong foundations
hero member
Activity: 2562
Merit: 586
I tried crypto chipher for some time and i can tell it works but you need to have a lot of money to have good profit. Signal work and are based on trading analysis.
Why we need lots of capital to trade along with their signal? I am seeing 2 possibilities for your statement:
1. Either they may give short term signals so we need to have more number of positions to gain significantly.
2. Or, they provide signals for multiple assets at a time hence we need big capital to open positions in more number of assets. This way, some signal will work for profits and rest will lead to losses. But, overall profits will be possible as they cover more assets.

An efficient signal provider must support even small capital based trader as well. But, I am also seeing some premium signal providers are sitting limit for capital to avail their services. But, I will not justify their rule.
full member
Activity: 1204
Merit: 162
Well most of this paid signal groups are pretty exclusive that I don't think it will be pretty easy to find a legitimate one because most people who advertise this service are either ineffective or a scammer.

A "real" traders, professional or not, and some analysts are too busy handling their respective portfolios. They have no such time for organizing these signal groups or whatever so there's no such thing as that.

If you see some groups aggressively getting some members to purchase their so-called "premium signals", then give it a red-flagged.
I tried crypto chipher for some time and i can tell it works but you need to have a lot of money to have good profit. Signal work and are based on trading analysis.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
Well most of this paid signal groups are pretty exclusive that I don't think it will be pretty easy to find a legitimate one because most people who advertise this service are either ineffective or a scammer.

A "real" traders, professional or not, and some analysts are too busy handling their respective portfolios. They have no such time for organizing these signal groups or whatever so there's no such thing as that.

If you see some groups aggressively getting some members to purchase their so-called "premium signals", then give it a red-flagged.
sr. member
Activity: 2030
Merit: 323
most of this paid signal groups are pretty exclusive that I don't think it will be pretty easy to find a legitimate one because most people who advertise this service are either ineffective or a scammer.
You mean it will be hard to find legitimate signal providers? I am also thinking so.
Because group of whales are easily making good profits out of some signal but individuals are not able to.
It means we need to pay very high fees so that we can get such type of signal otherwise we will be getting ineffective signals which may be working some day and may not some other day.
member
Activity: 1120
Merit: 68
there are lot of paid signals in trading, there are trading whales and group that is capable of hyping a specific token or coin. if you paid into them they will surely give you some signal info on what to buy and profitable. trading experts and whales are capable of doing dump or pumping a coin,
Well most of this paid signal groups are pretty exclusive that I don't think it will be pretty easy to find a legitimate one because most people who advertise this service are either ineffective or a scammer.
hero member
Activity: 1498
Merit: 802
Leading Crypto Sports Betting & Casino Platform
Is it worth it we pay to follow the signal? I think for now it is better to do the analysis yourself. if you don't understand, you can take paid learning. this is much better with the same pay we can get knowledge. if only follow the signal, of course we only depend on the signal without being able to do an independent analysis. this is certainly detrimental even though we can get a profit
member
Activity: 432
Merit: 10
Bitfresh - iGaming with 90s UI
there are lot of paid signals in trading, there are trading whales and group that is capable of hyping a specific token or coin. if you paid into them they will surely give you some signal info on what to buy and profitable. trading experts and whales are capable of doing dump or pumping a coin,
sr. member
Activity: 686
Merit: 252
www.cd3d.app
Buying signal must be a lazy way to trade. Moreover that will not sustain for long time as you are depending on someone else who may not maintain their accuracy all the times which again definitely risk your hard earned capital one day or other.
Then definitely buying signal must be the way to trade for lazy traders. I'm sure there are many such kind of traders are existing even in this crypto space because they want to do something active rather than focusing on easy way of making profits. Or else, there are greedy people who wants to maximize out of their capital so they are trying in trading rather than going for long-term holding with bitcoins. This kind of people are definite candidate for buying signals.

Moreover. This is not for lazy traders, but rather for those who do not know how to trade at all. After all, a lazy trader will quickly be able to distinguish truth from lies and understand whether signals work or not and what needs to be done in order for them to work. \
Therefore, most often, such paid groups are designed for those who do not understand trading at all.
Can still be considered on that lazy part because those who dont have knowledge or just simply doesnt make any single step for them to learn up things would probably be ending up with
this kind of option on where they do just simply follow on whats the most convenient way or method for them to take without breaking a sweat and this one is the most common
option or path to take where they do rely with signals or following up someone when it comes to tips and copy trades which i dont see for it to be worth for longer runs.
Nothing beats out on learning up trading with your own hardwork without relying others information.

If you want to make money trading in the long term, yes. If you want to find an easy and convenient way to make money trading without your own efforts, then before you find it, you will lose a lot of money, if you find it at all. People go for it because they cannot cope with the inertia of the brain, they do not assume what they can do if they put in a sufficient amount of effort. People are not ready to pay with efforts for the result, she wants to get the result here and now.
sr. member
Activity: 2660
Merit: 339
if you go through this community you can see, how many people are sharing about their bitter experience with paid and free signals. I mean even with free signals, you cannot make big profits in long run so from that you need to understand yourself how free signals will be working.
Honestly not all the people are aware how to make use of this community effectively; most people are simply coming in and then writing something but never finding opportunity learn from others' experiences. If we are listening to others then probably we could prevent lots of problems these days in crypto trading environment.

In my experience also, both paid and free signals were not efficient. Moreover I'm not finding any big differences on both of them but both led me to lose my capital.
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
Most of the free signal groups are fake, they are pump and dump groups giving out free signals to build confidence at first. I was a victim of two free signals group last year losing about $400 buying shitcoins.
Oh sorry for your losses. I do see this like risking your hard earned capital with free signals must be a very big mistake; no trader should not go for. Because if you go through this community you can see, how many people are sharing about their bitter experience with paid and free signals. I mean even with free signals, you cannot make big profits in long run so from that you need to understand yourself how free signals will be working.

I had rather need to learn all alone and not utilize paid signs.
You can easily achieve that because learning these days is very simple, big thanks to YouTube videos and lots of other trading related services.
hero member
Activity: 1484
Merit: 928
I don't really believe in paid signals I believe lot's of groups you are paying to join must of them are scam groups, I believe as a trader you should learn how to make your research yourself and stop paying people for signal because must of them fail and they don't really care because there fund is not there. The people giving signals in group are just the way you are and some don't even really know much about cryptocurrency they are just after the money they will collect from you so from my suggestion you don't have to ask anybody before you can buy a coin even if you are getting signal make sure you do research first before buying a coin.
hero member
Activity: 1316
Merit: 502
Good afternoon to all traders. I have 6 years of experience as a trader, and here I have a question for everyone

Are there people here who want to join a team of traders and receive tone signals?
I quit of following paid signals at 2018. I am involved with Cryptocurrency trading from 2017 and still I am a trader though I don't have big budget. From the very beginning of my journey, I did follow a paid group and joined with them to make me gainer from trading. Unfortunately, I can't make profit by following it and my funds were getting lost for wrong signals. And after realizing it, I quit to follow those signals and till now I don't believe any paid signals are working though there are many good people who shares the actual value. But it is hard for me to believe again.
The mistake of sheep is to always accompany wolves, groups of paid signals frequently create a brand image with a relatively high statistical probability of return when they enter this market, they create curiosity and they define the good direction in the market and when we go with them, they start to swallow our money. Sometimes they are just people who steal copyright from other groups to create reputation, trust should be given to the right people, not the people that make us their tools
sr. member
Activity: 897
Merit: 284
they seem to be accurate because we are in bullish market but in fact its not I remember at bearish market in 2018 all of the signal group are closing their account and run away with customer money   Cheesy
Most of the free signal groups are fake, they are pump and dump groups giving out free signals to build confidence at first. I was a victim of two free signals group last year losing about $400 buying shitcoins.
full member
Activity: 121
Merit: 100
they seem to be accurate because we are in bullish market but in fact its not I remember at bearish market in 2018 all of the signal group are closing their account and run away with customer money   Cheesy
copper member
Activity: 700
Merit: 120
Gamdom
Good afternoon to all traders. I have 6 years of experience as a trader, and here I have a question for everyone

Are there people here who want to join a team of traders and receive tone signals?
I quit of following paid signals at 2018. I am involved with Cryptocurrency trading from 2017 and still I am a trader though I don't have big budget. From the very beginning of my journey, I did follow a paid group and joined with them to make me gainer from trading. Unfortunately, I can't make profit by following it and my funds were getting lost for wrong signals. And after realizing it, I quit to follow those signals and till now I don't believe any paid signals are working though there are many good people who shares the actual value. But it is hard for me to believe again.
full member
Activity: 651
Merit: 101
$CYBERCASH METAVERSE
Good afternoon to all traders. I have 6 years of experience as a trader, and here I have a question for everyone

Are there people here who want to join a team of traders and receive tone signals?
many people here probably use paid signals in trading. but believe me paid trading signals are only suitable as a companion to our trading. because the main thing is our ability skills.
but I appreciate it for anyone if you want a variety of paid trading signals it will like to add experience
hero member
Activity: 2968
Merit: 687
I traded in the past based on some black box system which offered a variety of signals. You had to buy monthly subscriptions for the program to get the licence. In the end I made some profit but the more I used it, the less comfortable I became with receiving trading signals without knowing how they are generated.
I could not get your point; why you started feeling uncomfortable when you were making profits with that signal provider? If I were you then I might have continued to make good money to multiply my capital. Probably you might have dealt with some exchanges where operator based signals are being provided before every dump and dump process. Some people do not prefer that kind of money because they do feel that it is like money from naive traders by trapping them through bumping and dumping.
I doubt that there would be some people who do really think up this way because majority will really be doing it no matter what and this is a market where neither those

buyers and sellers could really clash out and trying to make out money and its not a right  time to be mindful or having some conscience thinking off into those other traders in the market
that had lost their money.

You are right that I would be cherishing out on making use of it when I do make out profits with it and just jump out if you do see something wrong around.
hero member
Activity: 2688
Merit: 588
I traded in the past based on some black box system which offered a variety of signals. You had to buy monthly subscriptions for the program to get the licence. In the end I made some profit but the more I used it, the less comfortable I became with receiving trading signals without knowing how they are generated.
I could not get your point; why you started feeling uncomfortable when you were making profits with that signal provider? If I were you then I might have continued to make good money to multiply my capital. Probably you might have dealt with some exchanges where operator based signals are being provided before every dump and dump process. Some people do not prefer that kind of money because they do feel that it is like money from naive traders by trapping them through bumping and dumping.
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