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Topic: Risks with using trading Signals - page 2. (Read 1303 times)

sr. member
Activity: 742
Merit: 397
December 07, 2019, 09:34:47 AM
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.
hero member
Activity: 1526
Merit: 501
DGbet.fun - Crypto Sportsbook
December 07, 2019, 09:31:34 AM
When we relied on signals or some groups who shares their specific analysis, you won't be able to decide for certain actions. You might fall on wrong moves which eventually unpredictable, because some certain cases will divert. Your expectations will not meet the reality of the situation, and if signals will be the reference for every matter of perspectives we won't achieve our goals.
Always do more research and study deeply how the market changes the pattern, because someday it's worth for our hardwork.
and actually, if a group of analyst giving their trading signals to their member which could possibly amount thousands it will definitely alter what they initially predicted and create some kind of artificial pump and dump because many people are buying or selling at the same time which could be taken advantage of by the anaylst that have these trading signal service. People should actually take that into consideration before even joining any these so called premium trading signals.
Well, the case you say is possible because with a signal sharing for so many people, these predictions can be reversed when people's needs change rapidly but this is very rare when everyone who has been in this market for a long time knows that the delicious food won't be shared publicly. Besides, a group of people can only earn a small portion of the huge profit from pumping and dumping plans, so signals from groups still have a lot of chances to happen but we need to know where is the right place, more precisely, it is a consideration in the decision when facing the opportunities that others provide
full member
Activity: 686
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
December 07, 2019, 07:47:05 AM
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.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
December 07, 2019, 04:50:23 AM
When we relied on signals or some groups who shares their specific analysis, you won't be able to decide for certain actions. You might fall on wrong moves which eventually unpredictable, because some certain cases will divert. Your expectations will not meet the reality of the situation, and if signals will be the reference for every matter of perspectives we won't achieve our goals.
Always do more research and study deeply how the market changes the pattern, because someday it's worth for our hardwork.
and actually, if a group of analyst giving their trading signals to their member which could possibly amount thousands it will definitely alter what they initially predicted and create some kind of artificial pump and dump because many people are buying or selling at the same time which could be taken advantage of by the anaylst that have these trading signal service. People should actually take that into consideration before even joining any these so called premium trading signals.
sr. member
Activity: 756
Merit: 252
December 06, 2019, 08:40:51 PM
In the Cryptocurrency space, nobody is out to hand you free cash for nothing, some people see free signals groups and they join without even asking themselves why it was created in the first place, for charity? I highly doubt that would be the answer if they bother to ask, people always wants to make easy money and would do almost anything to get it without thinking of the repercussions.

As for the paid signals groups, they evidently are not doing it for charity but have you stopped to ask yourself why they would be collecting that kind of small amounts from you when they have all the knowledge in the trading world? They could simply have used the funds they have to multiply their cash by buying all the best coin and making huge profits daily, without having to carry anyone along too.
When you begin to think about it it doesn't really make sense, but newbies never think about this, they are completely blinded by their greed and by their desire to make money that they do not really think through what they are doing and when you add that they do not have any knowledge about how to trade any market then scammers have a very easy time to deceive them and taking their money, it is quite sad but if you do not want to learn by reading you will have to learn by experience which is many times more painful.
Fake gurus and mentors are all over in the market, they keep giving an wrong information and ideas. Most of newbies are encourage to follow and listen to fake gurus because of their greed. The still not have enough information how the market works. But I'm sure that those people who have signal group will regret their decisions.
But even if they follow those gurus as you call them it will be very easy to disprove their status if they just compared notes, if someone asked the question of how many of those that have followed the guru for years have changed their lives thanks to him you will find out there will be no one that could give such an answer and that should be the first indication that all of what that person is saying is not true and it is only helping one person and that is himself.
sr. member
Activity: 1050
Merit: 251
December 06, 2019, 05:34:08 PM
When we relied on signals or some groups who shares their specific analysis, you won't be able to decide for certain actions. You might fall on wrong moves which eventually unpredictable, because some certain cases will divert. Your expectations will not meet the reality of the situation, and if signals will be the reference for every matter of perspectives we won't achieve our goals.
Always do more research and study deeply how the market changes the pattern, because someday it's worth for our hardwork.
hero member
Activity: 3010
Merit: 794
December 06, 2019, 04:51:10 PM
This issue has been mentioned many times and this transaction is only suitable for lazy people. They are just waiting for the opportunity to buy coins cheaply, but they don't know that behind it is a whole bunch of sharks waiting to be eaten.
This is an unreliable way to trade. It is very risky and easy to lose money.

Why do you so categorically call these people lazy. I know the number of people who have earned their money by hard work, and later they don’t want to spend time studying trading, they are ready to give part of their money to get good signals. Indeed, in this way they save their time, which they spend on making money elsewhere.There are lazy people, it is obvious that they fall into the traps of scammers most often.
But do not generalize so much, it is not ethical.

Not to be generalize but majority would really be considered.I cant say neither they are lazy or not yet there are really ones who do follow up trading signals but not fully but rather they do
put out also their own analysis.In short they do integrate other ideas with their own.You can classify a shady signal most likely happen on low cap coins which you know that it is prone to
manipulation but if we do talk about btc and other big alts then you can consider to look and analyze it.We are all speculators on here so its up to you to choose things which would be suitable or
would fit out for you.
sr. member
Activity: 1050
Merit: 377
December 06, 2019, 02:11:33 PM
This issue has been mentioned many times and this transaction is only suitable for lazy people. They are just waiting for the opportunity to buy coins cheaply, but they don't know that behind it is a whole bunch of sharks waiting to be eaten.
This is an unreliable way to trade. It is very risky and easy to lose money.

Why do you so categorically call these people lazy. I know the number of people who have earned their money by hard work, and later they don’t want to spend time studying trading, they are ready to give part of their money to get good signals. Indeed, in this way they save their time, which they spend on making money elsewhere.There are lazy people, it is obvious that they fall into the traps of scammers most often.
But do not generalize so much, it is not ethical.
hero member
Activity: 1190
Merit: 511
December 02, 2019, 03:12:03 AM
In the Cryptocurrency space, nobody is out to hand you free cash for nothing, some people see free signals groups and they join without even asking themselves why it was created in the first place, for charity? I highly doubt that would be the answer if they bother to ask, people always wants to make easy money and would do almost anything to get it without thinking of the repercussions.

As for the paid signals groups, they evidently are not doing it for charity but have you stopped to ask yourself why they would be collecting that kind of small amounts from you when they have all the knowledge in the trading world? They could simply have used the funds they have to multiply their cash by buying all the best coin and making huge profits daily, without having to carry anyone along too.
When you begin to think about it it doesn't really make sense, but newbies never think about this, they are completely blinded by their greed and by their desire to make money that they do not really think through what they are doing and when you add that they do not have any knowledge about how to trade any market then scammers have a very easy time to deceive them and taking their money, it is quite sad but if you do not want to learn by reading you will have to learn by experience which is many times more painful.
Fake gurus and mentors are all over in the market, they keep giving an wrong information and ideas. Most of newbies are encourage to follow and listen to fake gurus because of their greed. The still not have enough information how the market works. But I'm sure that those people who have signal group will regret their decisions.

This is their way to earn more by spreading fake signals so that people can buy while they are all selling, so don't fall into this trap, this is really something that we should avoid about or else this will make us lose our hardearned money, better to do your own research and learn trading on your own as there is no way you cannot learn it as there's a lot of tools out there available on youtue and internet.
sr. member
Activity: 952
Merit: 274
December 02, 2019, 12:55:11 AM
In the Cryptocurrency space, nobody is out to hand you free cash for nothing, some people see free signals groups and they join without even asking themselves why it was created in the first place, for charity? I highly doubt that would be the answer if they bother to ask, people always wants to make easy money and would do almost anything to get it without thinking of the repercussions.

As for the paid signals groups, they evidently are not doing it for charity but have you stopped to ask yourself why they would be collecting that kind of small amounts from you when they have all the knowledge in the trading world? They could simply have used the funds they have to multiply their cash by buying all the best coin and making huge profits daily, without having to carry anyone along too.
When you begin to think about it it doesn't really make sense, but newbies never think about this, they are completely blinded by their greed and by their desire to make money that they do not really think through what they are doing and when you add that they do not have any knowledge about how to trade any market then scammers have a very easy time to deceive them and taking their money, it is quite sad but if you do not want to learn by reading you will have to learn by experience which is many times more painful.
Fake gurus and mentors are all over in the market, they keep giving an wrong information and ideas. Most of newbies are encourage to follow and listen to fake gurus because of their greed. The still not have enough information how the market works. But I'm sure that those people who have signal group will regret their decisions.
member
Activity: 526
Merit: 10
Lifestyle & Wellness Platform
December 01, 2019, 11:49:06 PM
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.



Trading on signals or news is a real bullshit. I used to be a lazy guy who refused to learn and just wanted to make easy money or steal other people's ideas. but only after I realized I had 12 consecutive orders of continuous loss and from there I began to change my mind and study Tenhnical analysis myself. Now my profits have gotten better and I suddenly realize that people who are always following the news are like little lambs being led by signalers. it can be a big trap but the sheep would never see the trap until it caught!
hero member
Activity: 1120
Merit: 553
Filipino Translator 🇵🇭
December 01, 2019, 09:30:26 PM
We already know about trading signals but like or not some people get lucky use this method. Nothing wrong when people use this method because this is their money their account their life. For people who want to learn very detail please don't use trading signal, try demo account take risk make time to fix your mistakes and keep going. Honestly people can do any strategy they like, as long they can take the risk and keep profit everything fine.
There is no big deal (negatively) in using trading signal if you are just starting. Even though you don't know how to use it very well, it won't disrupt your strategy but it will rather help you to understand the price action in the market chart. Every traders are recommended to use it because without it; speculating the market trajectory will be difficult as before.
sr. member
Activity: 826
Merit: 252
December 01, 2019, 08:41:42 PM
We already know about trading signals but like or not some people get lucky use this method. Nothing wrong when people use this method because this is their money their account their life. For people who want to learn very detail please don't use trading signal, try demo account take risk make time to fix your mistakes and keep going. Honestly people can do any strategy they like, as long they can take the risk and keep profit everything fine.
sr. member
Activity: 756
Merit: 252
November 30, 2019, 10:40:14 PM
In the Cryptocurrency space, nobody is out to hand you free cash for nothing, some people see free signals groups and they join without even asking themselves why it was created in the first place, for charity? I highly doubt that would be the answer if they bother to ask, people always wants to make easy money and would do almost anything to get it without thinking of the repercussions.

As for the paid signals groups, they evidently are not doing it for charity but have you stopped to ask yourself why they would be collecting that kind of small amounts from you when they have all the knowledge in the trading world? They could simply have used the funds they have to multiply their cash by buying all the best coin and making huge profits daily, without having to carry anyone along too.
When you begin to think about it it doesn't really make sense, but newbies never think about this, they are completely blinded by their greed and by their desire to make money that they do not really think through what they are doing and when you add that they do not have any knowledge about how to trade any market then scammers have a very easy time to deceive them and taking their money, it is quite sad but if you do not want to learn by reading you will have to learn by experience which is many times more painful.
newbie
Activity: 38
Merit: 0
November 29, 2019, 06:54:17 AM
Taking all these risks into account, I decided to keep on using infobots only. To be honest, though this discussion looks like proof that crypto signals are pure evil, it is not actually the truth. The trick is that you shouldn’t replace knowledge with tools. For example, I am using https://t.me/CexIoInfoBot because of its feature of informing me about price changes. But I do realize that I can’t replace my knowledge on what to do with this information with any tool.
sr. member
Activity: 400
Merit: 268
November 25, 2019, 11:31:49 PM
In the Cryptocurrency space, nobody is out to hand you free cash for nothing, some people see free signals groups and they join without even asking themselves why it was created in the first place, for charity? I highly doubt that would be the answer if they bother to ask, people always wants to make easy money and would do almost anything to get it without thinking of the repercussions.

As for the paid signals groups, they evidently are not doing it for charity but have you stopped to ask yourself why they would be collecting that kind of small amounts from you when they have all the knowledge in the trading world? They could simply have used the funds they have to multiply their cash by buying all the best coin and making huge profits daily, without having to carry anyone along too.
sr. member
Activity: 756
Merit: 252
November 25, 2019, 09:06:19 PM
Hey! I think if you don't have enough time on your hands, trading signals can be extremely useful. However, it's imperative that if you do sign up for a trading signals platform that you use the right one (i.e not a scam).

And how will the person know if the signal provider is good or not? The signal provider may get it right a few times and the person may believe that the signal provider will be doing a good job. What people should do is study technical and fundamental analysis and do their own price analysis and forecasting.
It is impossible to know if the person that is giving the signals is any good and if they are smart enough they could deceive you to the point that you think they are infallible when that is not true, a very common scam is to give two sets of different predictions to different people one predicting that the price will go up and another predicting that the price will go down a minority of people will receive all the right signals and they will be convinced of their ability when it was just luck.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
November 21, 2019, 07:06:03 AM
Hey! I think if you don't have enough time on your hands, trading signals can be extremely useful. However, it's imperative that if you do sign up for a trading signals platform that you use the right one (i.e not a scam).

And how will the person know if the signal provider is good or not? The signal provider may get it right a few times and the person may believe that the signal provider will be doing a good job. What people should do is study technical and fundamental analysis and do their own price analysis and forecasting.
member
Activity: 318
Merit: 10
November 21, 2019, 05:56:36 AM
Don't fall for sites advertising how to make a fortune just by using their signals. It's much wiser to educate yourself and make your own predictions based on knowledge and experience. Would advise visiting sites as Altcoin Fantasy or Newscrypto.io. Wish successful trading day!
sr. member
Activity: 756
Merit: 252
November 20, 2019, 09:16:57 PM
Yup, I've followed some signals but now no more. it must be very careful and need further research. no need for all crypto signals to be followed. because there are some crypto signal groups that only drive FOMO. we never know since when they bought the coin and at what price they have bought. remember risk management in the world of trading.
All of us when we were starting our journey in this market have made mistakes, and one of the most common mistakes is to believe that a signals group will help you to get profits in the market, it seems so simple and so profitable to take signals from professional traders and then make money with them, but most of those groups are not really interested in helping newbies to become better traders over time, the only thing they care about is to extract every single dollar out of them.
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