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Topic: The End of Crypto Signal Groups - page 2. (Read 1094 times)

legendary
Activity: 3178
Merit: 1128
February 06, 2020, 03:20:22 AM
#92
Scams in the name of trading signal are not a new things, I am coming across. It is a basic question from most of the traders/investors, if you are good in generating trading signals then why you need to sell them instead of making use of those signal for your own capital.

At the same time, I'm not seeing any end for those signal generating group because new traders will come and look for free to cheaper signals whereas new scammers will enter into this market. It is a cyclic events like new people will come into action and they will demand another person to be turning as a scam in the name of generating signals.

I mean to say if there is no one is ready to subscribe to such group then there will be no scamming people in the name of generating signals. Lazy people are looking for signals and that is the thing scammers taking advantage of.
hero member
Activity: 2968
Merit: 670
www.Crypto.Games: Multiple coins, multiple games
February 04, 2020, 03:04:46 PM
#91
I understand, the world is literally filled with people who want to make money very quickly, everybody thinks that working for 40 years for regular amount of money will not make you rich, you basically spend what you have and the very tiny amount that you can save will worth basically nothing in 20 years even with the interest rates which do not showcase the inflation all that well.

So in the end, people really do not understand where else they could make a difference unless they somehow get super rich very quickly, people just need money to get rich and live a comfortable life, that is why they believe in these signal groups, the ponzi schemes, the pyramid schemes and all other get rich quick stuff since they literally can't think of any other possibility.
legendary
Activity: 1834
Merit: 1036
February 03, 2020, 10:59:29 PM
#90
At first, I thought that I can earn money in just short period of time if I will follow the signals but I find a wise mentor who taught me to not believe to those groups because they are just scammers.
You don't need a wise mentor to figure out that this groups are just taking your money if you subscribe to those paid signal groups. They are the one who earns more money than those who subscribe to their services. Too bad noobs tend to fall prey to this kind of groups because they think its a short cut to earn money in trading.

Having proper knowledge can help us to avoid and ignore those pumps and dumps and groups.
Knowledge is not the only key to earning more money in trading, its more on timing and some luck. You need to buy or sell the right coin at the right time.
sr. member
Activity: 1036
Merit: 281
February 03, 2020, 10:42:53 PM
#89
Yes, we shouldn't rely on other signals because definitely it will hurt us a lot because previously I have followed many signals which at last didn't help me to make money, I have lost a lot of money through this group. It is really a very good way, to ban those Signal groups.


That is why we need to learn some basics lessons of trading, so we don't rely on them to trade because many of them are not giving the right signals to their members. Some paid groups that I have been watched in the past giving the same information without any difference, so I conclude that they joined in many signal groups, and they share with their private groups. They claim that the signal comes from their analyst people, so they guarantee that the signals are valid.

From that, I always warn my friends not to join the paid group signal, and it is better to analyze the market by ourselves. We can find the coin by our analysis so we can get more than 1 coin, and we can try to get a bigger profit from many coins.
If we do not learn the basics then there is possibility that we can have a misconceptions where we can believe to the crypto signal groups all over the social media platforms. At first, I thought that I can earn money in just short period of time if I will follow the signals but I find a wise mentor who taught me to not believe to those groups because they are just scammers. Having proper knowledge can help us to avoid and ignore those pumps and dumps and groups.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
February 03, 2020, 05:19:29 AM
#88
Yes, we shouldn't rely on other signals because definitely it will hurt us a lot because previously I have followed many signals which at last didn't help me to make money, I have lost a lot of money through this group. It is really a very good way, to ban those Signal groups.


That is why we need to learn some basics lessons of trading, so we don't rely on them to trade because many of them are not giving the right signals to their members. Some paid groups that I have been watched in the past giving the same information without any difference, so I conclude that they joined in many signal groups, and they share with their private groups. They claim that the signal comes from their analyst people, so they guarantee that the signals are valid.

From that, I always warn my friends not to join the paid group signal, and it is better to analyze the market by ourselves. We can find the coin by our analysis so we can get more than 1 coin, and we can try to get a bigger profit from many coins.
sr. member
Activity: 1540
Merit: 255
February 03, 2020, 03:46:24 AM
#87
Hi Everyone!

I just published an article about how it will soon be the end of crypto signal groups. Check it out and let me know what you think!

https://blog.shrimpy.io/blog/the-end-of-crypto-signal-groups

Thanks

Well, that's good if ever it is true. They are not good actually for me, sometimes they just deceived others here in the forum
to make believe to their analysis and announcement anyway. I am so happy if they get terminated in the future now in
cryptocurrency business.

Yes, we shouldn't rely on other signals because definitely it will hurt us a lot because previously I have followed many signals which at last didn't help me to make money, I have lost a lot of money through this group. It is really a very good way, to ban those Signal groups.
full member
Activity: 1456
Merit: 148
January 31, 2020, 02:41:43 PM
#86
These signals where actually signals of pump and dump types. I was fortunate to belong to some group in discord and telegram but, they were actually given signals that were base on shitcoins all along, until I jet out of the groups. Crypto signals from these group's were wrong signals that almost landed me into big trouble with my family because, I was trading some coins for them. There is nothing like crypto signals.
hero member
Activity: 2100
Merit: 794
Top Crypto Casino
January 31, 2020, 02:29:58 PM
#85

Various platforms like eToro which allows users to trade with minimum risk or start copy trading their role model and it leads us automatic profits without actually performing any task

Note that platforms like etoro doesn't provide anything like automatic profits. If you backtest the performance of those "experts" people copy from, You'll get to know that those traders do lose trades too. If etoro platform was dishing out profits like you said, more people would be trading on their platform.

Forgot trying to use shortcuts. The best way to make profits in trading is by learning how to trade – the right way. Even though you won't get profits immediately, but you'll gain experience and  profit in the long run as you'll pick up more skills, experience and get better with time.


hero member
Activity: 2828
Merit: 611
January 31, 2020, 02:04:22 PM
#84
There is no actual future for these crypto signal groups as most of them end up just by collecting the membership fees from the users and never again show their face onto the group.

This has been the case most of times, but other groups which might give real and dedicated signals might too loose their demand in the coming times as per you mentioned onto your blog about various platforms like eToro which allows users to trade with minimum risk or start copy trading their role model and it leads us automatic profits without actually performing any trades. Even those platforms charge some percentage for allowing you to copy the trader but those charges might be affordable and beneficial in terms of long run.#
hero member
Activity: 2926
Merit: 722
CoinPoker.com
January 31, 2020, 01:34:19 PM
#83
Hi Everyone!

I just published an article about how it will soon be the end of crypto signal groups. Check it out and let me know what you think!

https://blog.shrimpy.io/blog/the-end-of-crypto-signal-groups

Thanks

Well, that's good if ever it is true. They are not good actually for me, sometimes they just deceived others here in the forum
to make believe to their analysis and announcement anyway. I am so happy if they get terminated in the future now in
cryptocurrency business.
What I experienced is that most of such signal groups might give signals when they personally have experienced a pump or dump. Even most of these groups might be manipulating the price of some small volume coins by creating false pump and than they might swing their members from their groups to place buy orders after the pump is already been performed just to create demand and buy orders for them to sell instantly.

Minor cases happen when the coins pump again giving profits but majority of times, people end up buying lower volume coins at the peak which would hardly be reached again which would indeed leave them with loss only.
This had been always the modus of these groups where they do try to lure in people for their own benefits.Its either on having that gradual increasing phase or giving out some initial small pump
to look it more legit than a manipulative one.

Ive put in into this situation where i do able to join one of these pump and dump groups but if you do have already the experience eyes then you will surely spot them out on first glimpse.
For noobs you will surely consider on putting money yet we do just accept that our first trading steps does really have that kind of greedy feeling.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
January 31, 2020, 01:23:38 PM
#82
Hi Everyone!

I just published an article about how it will soon be the end of crypto signal groups. Check it out and let me know what you think!

https://blog.shrimpy.io/blog/the-end-of-crypto-signal-groups

Thanks

Well, that's good if ever it is true. They are not good actually for me, sometimes they just deceived others here in the forum
to make believe to their analysis and announcement anyway. I am so happy if they get terminated in the future now in
cryptocurrency business.
As much as I would like for those groups to just disappear I do not think it is going to happen, whenever the next bull run happens we are going to see those groups becoming popular again, as newbies that have never invested want to take advantage of the volatility of the market but do not have an idea of how to do that and then they will decide to join those groups thinking they have found their way to the easy life only to lose all their money in a pump and dump scheme.
legendary
Activity: 2338
Merit: 1124
January 31, 2020, 12:41:52 PM
#81
Hi Everyone!

I just published an article about how it will soon be the end of crypto signal groups. Check it out and let me know what you think!

https://blog.shrimpy.io/blog/the-end-of-crypto-signal-groups

Thanks

Well, that's good if ever it is true. They are not good actually for me, sometimes they just deceived others here in the forum
to make believe to their analysis and announcement anyway. I am so happy if they get terminated in the future now in
cryptocurrency business.
What I experienced is that most of such signal groups might give signals when they personally have experienced a pump or dump. Even most of these groups might be manipulating the price of some small volume coins by creating false pump and than they might swing their members from their groups to place buy orders after the pump is already been performed just to create demand and buy orders for them to sell instantly.

Minor cases happen when the coins pump again giving profits but majority of times, people end up buying lower volume coins at the peak which would hardly be reached again which would indeed leave them with loss only.
sr. member
Activity: 685
Merit: 250
January 29, 2020, 12:14:41 PM
#80
Hi Everyone!

I just published an article about how it will soon be the end of crypto signal groups. Check it out and let me know what you think!

https://blog.shrimpy.io/blog/the-end-of-crypto-signal-groups

Thanks

Well, that's good if ever it is true. They are not good actually for me, sometimes they just deceived others here in the forum
to make believe to their analysis and announcement anyway. I am so happy if they get terminated in the future now in
cryptocurrency business.
sr. member
Activity: 926
Merit: 256
January 29, 2020, 09:17:49 AM
#79

 I mean it was already a short period of time because people were trying to do anything they possibly can during those times in order to make a quick buck, in around 2017 and early 2018 it was very popular to do either signal trading or anything else but to try and make a profit on crypto was a famous thing all around the world. Nowadays the market has been calm for years and never made that kind of money, so people are looking at smarter things and one of the first things to go was obviously signal groups that never really worked anyway so people moved on easily and moved into something that would make sense to them.
in that year there were quite a lot of signal groups, but in that year the trend was also being good so people who opened the signal group would have no trouble doing graph analysis. but for now they are also having trouble doing technical analysis so most of the signal groups have disappeared because the people doing the analysis must have had difficulty.
hero member
Activity: 1974
Merit: 575
January 29, 2020, 08:44:41 AM
#78

 I mean it was already a short period of time because people were trying to do anything they possibly can during those times in order to make a quick buck, in around 2017 and early 2018 it was very popular to do either signal trading or anything else but to try and make a profit on crypto was a famous thing all around the world. Nowadays the market has been calm for years and never made that kind of money, so people are looking at smarter things and one of the first things to go was obviously signal groups that never really worked anyway so people moved on easily and moved into something that would make sense to them.
member
Activity: 243
Merit: 10
January 29, 2020, 08:21:56 AM
#77
I also think the same thing related to this, now people already understand trading by following crypto signal groups will only result
suffered losses. So from that now many crypto signal groups are inactive, especially signal groups contained in telegrams. Because
it is more effective if trading by doing analysis and research that we do ourselves, the results that will be obtained are usually not
will disappoint. So until now if there are still people who trade by following the crypto signal groups you should stop, if your capital
don't want to disappear.

I really do hope that they will be terminated as soon as possible to prevent screwing more newbies. It is really saddening that these groups don't care about the lives that they are being ruined. All they care is their money that they will get from deceiving those naive traders. And for those potential users of these signal groups, you should think not only twice in following their advice because most of them are trap. Better follow your instincts instead.
I think right from the start becoming an investor, we should have been aware of the risk of believing in signal groups, there is no free gift from others, all need money to exchange, free and openly can only redeem a loss, a few lessons are needed for new investors to wake up. If you request to close signal groups, preferably free signal groups and too much publicity, for private signal groups, the service is still relatively considered but even when there are signals, we still need to apply instinct into trading to make things safer
sr. member
Activity: 924
Merit: 275
January 28, 2020, 08:47:23 PM
#76
Traders are becoming more smarter than before, they now aware that scams and dumps groups are scams and should be ignore. It is funny because most of the pump dump groups says that they have accurate prediction because they have power to manipulate the price, why they still inviting people if they skills to do it. They are just stealing other peoples money and they just giving information that is not useful. I do not encounter anymore any kind of group because I'm sure that the traders who are believing to this kind of shit are becoming lessen.
legendary
Activity: 2436
Merit: 1853
Leading Crypto Sports Betting & Casino Platform
January 28, 2020, 08:34:11 PM
#75
~snip~

Great article,my personal opinion about signal groups is that they tend to have more errors than successes, the reason is simple, if the market is simply analyzed at a technical level, the probability of failure is high, if the groups had a focus on the analysis so much fundamental as a technician, it would go in another direction, which would be more interesting and even more likely to succeed.
legendary
Activity: 3094
Merit: 1127
January 28, 2020, 07:50:23 PM
#74
Hi Everyone!

I just published an article about how it will soon be the end of crypto signal groups. Check it out and let me know what you think!

https://blog.shrimpy.io/blog/the-end-of-crypto-signal-groups

Thanks

Are these groups were still helpful for the newbies and traders???
I don't think so because since I have noticed none of the people get benefited with the the signals most probably like luck factor there is speculation was reached the right place. Nothing else they have done for their group members.
Its never been helpful and majority of them are just frauds which are just tending to scam out noobs out there.
If we do think sensibly where these groups or individuals are earning that much then they wont bother themselves on
offering groups which they do give out their own trading signals for some pennies yet they can generate it on their own
rather than hassling theirselves on sharing for small money.They are completely trash imho but surprisingly there were still people who do patronize
these BS.
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
January 28, 2020, 07:14:44 PM
#73
I also think the same thing related to this, now people already understand trading by following crypto signal groups will only result
suffered losses. So from that now many crypto signal groups are inactive, especially signal groups contained in telegrams. Because
it is more effective if trading by doing analysis and research that we do ourselves, the results that will be obtained are usually not
will disappoint. So until now if there are still people who trade by following the crypto signal groups you should stop, if your capital
don't want to disappear.

I really do hope that they will be terminated as soon as possible to prevent screwing more newbies. It is really saddening that these groups don't care about the lives that they are being ruined. All they care is their money that they will get from deceiving those naive traders. And for those potential users of these signal groups, you should think not only twice in following their advice because most of them are trap. Better follow your instincts instead.
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