Agreed, these pump and dumping groups were used as a manipulative tool by the whales who always tries to make use of the market according to their needs. This is possible to certain level, and to attain the same various tactics were played, and what we experience out of the trading signals is one way. Apart from this practices like negative news circulation, hacks and some panic statements will be revealed without any perfect data.
I do not really think that those pump and dump groups are organized by the whales, because an investor that is truly a whale doesn't really need anyone to pump and to dump the market, those groups are organized by dishonest people that buy huge quantities of a coin that no one really knows and they do it in such a way to not make the price to go up while at the same time they organize their group and when they are finally ready they tell their members of the group in which coin to invest, which is by the way the same coin that they have been buying for months, so pump and dump groups are not organized by whales but by scammers. 
Topic: Risks with using trading Signals (Read 1301 times)
I have written an article comparing Signals and Trading bots: https://tradingbot.info/bot-101/trading-bots-vs-trading-signals/
Both signals and bots allow you to trade without special knowledge, but I think that bots is a more time-saving and stable option.
Both signals and bots allow you to trade without special knowledge, but I think that bots is a more time-saving and stable option.
Depending on the signal provider, some trading signals seem reliable, while most are actually not. The risk of using trading signals solely depends on the individual. I think analyzing the market yourself is the best, so, as to differentiate between good and bad signals.
I have joined some trading signals and they seems legit , and sometimes helpful , why sometimes? Because there are times that they send signals too delay , but the only risk is the delay of time you need to monitor keenly the coins for you to sell in a good timing and price.And most of them seems legit in the beginning, at least the signal providers I followed for some time. I never took any signal for granted, its important to check every information you got from any place in crypto, its full with scammers, people with wrong intentions. Sometimes good turn to be bad is what I wish to say, and that happens more often then people think it does.
In past few months I don't follow any trading signals, most of them are short time signals which are very risky, this market situation made me to have some mid term positions and even long, then to have short ones. Market is volatile, and for now there are no signs of recovery.
Depending on the signal provider, some trading signals seem reliable, while most are actually not. The risk of using trading signals solely depends on the individual. I think analyzing the market yourself is the best, so, as to differentiate between good and bad signals.
I have joined some trading signals and they seems legit , and sometimes helpful , why sometimes? Because there are times that they send signals too delay , but the only risk is the delay of time you need to monitor keenly the coins for you to sell in a good timing and price. Depending on the signal provider, some trading signals seem reliable, while most are actually not. The risk of using trading signals solely depends on the individual. I think analyzing the market yourself is the best, so, as to differentiate between good and bad signals.
Yes, it can be a sort of but we can't just rely on it. If we are aiming to succeed and become an expert trader, we have to build our own backyard, put extra effort to find strategies that we could use in our daily trade and not just keeping those signals that even it is coming from reliable source. Cause anything we do will also reflect us. Having those signals won't give us an assurance that could give us a long-term effectivity. 
Depending on the signal provider, some trading signals seem reliable, while most are actually not. The risk of using trading signals solely depends on the individual. I think analyzing the market yourself is the best, so, as to differentiate between good and bad signals when you eventually use trade signals.
I keep telling people that there is no easy money. You have to learn and the trade for yourself. Trade signals;
- Can be used to Scam you by paying for "premium signals" which are even non-existent
- Can make you lose a ton of money when you have 100% confidence in them and yet the market decided to go in the different direction
- Can be used to make you buy shitcoins and you become a shitcoin bag holder while the architects' sell orders get filled bu you.
- Can be used to make you participate in a pump and dump scheme unknowingly.
It's lazy people who don't want to learn how to trade who usually fall for trade signal scams.
Agree, I do not use any trading signals or being part of their group because I believe that not all of the signals from them are true ,sometimes it will be a bait for us to buy their order , and also they will required us to pay for premium membership fee, though we can be good enough in trading we just need to study all the things so that we can be an expert trader. - Can be used to Scam you by paying for "premium signals" which are even non-existent
- Can make you lose a ton of money when you have 100% confidence in them and yet the market decided to go in the different direction
- Can be used to make you buy shitcoins and you become a shitcoin bag holder while the architects' sell orders get filled bu you.
- Can be used to make you participate in a pump and dump scheme unknowingly.
It's lazy people who don't want to learn how to trade who usually fall for trade signal scams.
Agreed, these pump and dumping groups were used as a manipulative tool by the whales who always tries to make use of the market according to their needs. This is possible to certain level, and to attain the same various tactics were played, and what we experience out of the trading signals is one way. Apart from this practices like negative news circulation, hacks and some panic statements will be revealed without any perfect data.
Yeah actually most of the trading signals group are the pumping group because they will together doing mass buy or sell to drop the price. If the trading signals group has big and solid members i'm sure it could move the price of a coin especially coins with low volume.
Agreed, these pump and dumping groups were used as a manipulative tool by the whales who always tries to make use of the market according to their needs. This is possible to certain level, and to attain the same various tactics were played, and what we experience out of the trading signals is one way. Apart from this practices like negative news circulation, hacks and some panic statements will be revealed without any perfect data.
We already discuss this and I believe most of us agree to leave trading signal. Trader must use their own skill to built the best performance face market in every condition. Learn and practice is not easy but use signal will make you bankrupt.
we dont need to totally abandoned the signals instead we will use them as basis of our research,let us not forget that some of them has potential so with their signal and our knowledge combined?there is a chance of profiting right?We already discuss this and I believe most of us agree to leave trading signal. Trader must use their own skill to built the best performance face market in every condition. Learn and practice is not easy but use signal will make you bankrupt.
we dont need to totally abandoned the signals instead we will use them as basis of our research,let us not forget that some of them has potential so with their signal and our knowledge combined?there is a chance of profiting right?
Trading is much more than just signals. It’s a life.
This is a theard for discussion about the risks involved in using trading signals that have become common in cryptocurrency trading. I would have posted this in Trading forum, but it’s more important that newbies see this. Knowing that after a few unsuccessful investments in cryptocurrencies, using trading signals seems to be the only ‘certain option to profit in the crypto world’. But this comes with huge risk. Risks that these ‘trading professionals’ won’t tell you about.
- Take responsibility by making decisions yourself.
- Learn Risk Management Skills.
- Understand the process of cryptocurrency trading.
- Build your Trading Career.
Trading is more than just a signal, it’s a career. So you have to build it.
This is a theard for discussion about the risks involved in using trading signals that have become common in cryptocurrency trading. I would have posted this in Trading forum, but it’s more important that newbies see this. Knowing that after a few unsuccessful investments in cryptocurrencies, using trading signals seems to be the only ‘certain option to profit in the crypto world’. But this comes with huge risk. Risks that these ‘trading professionals’ won’t tell you about.
- Take responsibility by making decisions yourself.
- Learn Risk Management Skills.
- Understand the process of cryptocurrency trading.
- Build your Trading Career.
Trading is more than just a signal, it’s a career. So you have to build it.
I really enjoyed this last sentence. It is for lazy people to learn and analyze techniques. Many people appear in this market just to hear the signals of professional traders but they do not have any knowledge of trading. This is really a very wrong thinking of freeloaders and lazy people. Hopefully after this article many people will wake up and spend more time getting serious with this work. Trading is really an interesting job if we learn more about it.
that do mentioned out recreation or advises.You are right where majority find things on their own rather than listening on whats being said
by others. It isnt bad though but hearing out useful words from other people is more worth than trying hard for yourself even if you are already losing too much.
Trading is much more than just signals. It’s a life.
This is a theard for discussion about the risks involved in using trading signals that have become common in cryptocurrency trading. I would have posted this in Trading forum, but it’s more important that newbies see this. Knowing that after a few unsuccessful investments in cryptocurrencies, using trading signals seems to be the only ‘certain option to profit in the crypto world’. But this comes with huge risk. Risks that these ‘trading professionals’ won’t tell you about.
- Take responsibility by making decisions yourself.
- Learn Risk Management Skills.
- Understand the process of cryptocurrency trading.
- Build your Trading Career.
Trading is more than just a signal, it’s a career. So you have to build it.
This is a theard for discussion about the risks involved in using trading signals that have become common in cryptocurrency trading. I would have posted this in Trading forum, but it’s more important that newbies see this. Knowing that after a few unsuccessful investments in cryptocurrencies, using trading signals seems to be the only ‘certain option to profit in the crypto world’. But this comes with huge risk. Risks that these ‘trading professionals’ won’t tell you about.
- Take responsibility by making decisions yourself.
- Learn Risk Management Skills.
- Understand the process of cryptocurrency trading.
- Build your Trading Career.
Trading is more than just a signal, it’s a career. So you have to build it.
I really enjoyed this last sentence. It is for lazy people to learn and analyze techniques. Many people appear in this market just to hear the signals of professional traders but they do not have any knowledge of trading. This is really a very wrong thinking of freeloaders and lazy people. Hopefully after this article many people will wake up and spend more time getting serious with this work. Trading is really an interesting job if we learn more about it.
We already discuss this and I believe most of us agree to leave trading signal. Trader must use their own skill to built the best performance face market in every condition. Learn and practice is not easy but use signal will make you bankrupt.
It is not always that way. Trading based on a signal will not make you bankrupt most of the time because there are still signal groups online that are giving good trading signals. It is still better to rely on yourself rather than to others because when you master the way of trading then you can easily surpass the potential gains that the signals offer.OP is probably discussing both paid and free trading signals and the risk that comes along with it. I gave up on joining trading signals especially the ones found in Telegram channels since they will offer you "free" signals on their channel yet at the same time they will offer you a "paid" or "premium" version of their system both of which are not worth your time. Most trading signals I see would just put a entry and target price and they don't really give you the analysis for the said trading signal which makes it more suspicious on why they come out with this coin and how they come up with this price. As a precautionary measure I'll just observe the price of their trading signal and only two things happen it didn't move or it will fall down which is really a bad sign for such service roaming around the industry.
We already discuss this and I believe most of us agree to leave trading signal. Trader must use their own skill to built the best performance face market in every condition. Learn and practice is not easy but use signal will make you bankrupt.
we dont need to totally abandoned the signals instead we will use them as basis of our research,let us not forget that some of them has potential so with their signal and our knowledge combined?there is a chance of profiting right?I don't support group signal but i think what we need is a genuine connection which will provide real information about the whales movement instead of joining a trading signals group which literally make people bankrupt.
Trading is much more than just signals. It’s a life.
This is a theard for discussion about the risks involved in using trading signals that have become common in cryptocurrency trading. I would have posted this in Trading forum, but it’s more important that newbies see this. Knowing that after a few unsuccessful investments in cryptocurrencies, using trading signals seems to be the only ‘certain option to profit in the crypto world’. But this comes with huge risk. Risks that these ‘trading professionals’ won’t tell you about.
- Take responsibility by making decisions yourself.
- Learn Risk Management Skills.
- Understand the process of cryptocurrency trading.
- Build your Trading Career.
Trading is more than just a signal, it’s a career. So you have to build it.
This is a theard for discussion about the risks involved in using trading signals that have become common in cryptocurrency trading. I would have posted this in Trading forum, but it’s more important that newbies see this. Knowing that after a few unsuccessful investments in cryptocurrencies, using trading signals seems to be the only ‘certain option to profit in the crypto world’. But this comes with huge risk. Risks that these ‘trading professionals’ won’t tell you about.
- Take responsibility by making decisions yourself.
- Learn Risk Management Skills.
- Understand the process of cryptocurrency trading.
- Build your Trading Career.
Trading is more than just a signal, it’s a career. So you have to build it.
I really enjoyed this last sentence. It is for lazy people to learn and analyze techniques. Many people appear in this market just to hear the signals of professional traders but they do not have any knowledge of trading. This is really a very wrong thinking of freeloaders and lazy people. Hopefully after this article many people will wake up and spend more time getting serious with this work. Trading is really an interesting job if we learn more about it.
I keep telling people that there is no easy money. You have to learn and the trade for yourself. Trade signals;
- Can be used to Scam you by paying for "premium signals" which are even non-existent
- Can make you lose a ton of money when you have 100% confidence in them and yet the market decided to go in the different direction
- Can be used to make you buy shitcoins and you become a shitcoin bag holder while the architects' sell orders get filled bu you.
- Can be used to make you participate in a pump and dump scheme unknowingly.
It's lazy people who don't want to learn how to trade who usually fall for trade signal scams.
This is not only about laziness if it was then I can assure you that those people will have not enough motivation to try to trade the markets, this is about a very dangerous combination which is laziness and greediness, the traders that prefer to use signals coming from other people to trade the markets not only are lazy they are greedy, they want to obtain all the benefits of trading without having to work for it and we know that stories like that never end well for those that are involved. - Can be used to Scam you by paying for "premium signals" which are even non-existent
- Can make you lose a ton of money when you have 100% confidence in them and yet the market decided to go in the different direction
- Can be used to make you buy shitcoins and you become a shitcoin bag holder while the architects' sell orders get filled bu you.
- Can be used to make you participate in a pump and dump scheme unknowingly.
It's lazy people who don't want to learn how to trade who usually fall for trade signal scams.
We already discuss this and I believe most of us agree to leave trading signal. Trader must use their own skill to built the best performance face market in every condition. Learn and practice is not easy but use signal will make you bankrupt.
we dont need to totally abandoned the signals instead we will use them as basis of our research,let us not forget that some of them has potential so with their signal and our knowledge combined?there is a chance of profiting right?
We already discuss this and I believe most of us agree to leave trading signal. Trader must use their own skill to built the best performance face market in every condition. Learn and practice is not easy but use signal will make you bankrupt.
we dont need to totally abandoned the signals instead we will use them as basis of our research,let us not forget that some of them has potential so with their signal and our knowledge combined?there is a chance of profiting right?
We already discuss this and I believe most of us agree to leave trading signal. Trader must use their own skill to built the best performance face market in every condition. Learn and practice is not easy but use signal will make you bankrupt.
we dont need to totally abandoned the signals instead we will use them as basis of our research,let us not forget that some of them has potential so with their signal and our knowledge combined?there is a chance of profiting right?Jump to: