These signal groups have been popular for years, and to be fair you can find some decent ones. It's very profitable for people to learn trading techniques and then leverage these to provide signals and get people to pay for membership. It's hard to consistently be successful though and a lot of them seem to lose interest/make enough money and then pack it in.
One thing infuriates me with these signal traders. If you have two coins and one makes 15% profit and the other makes 20%, this DOES NOT EQUAL 35% profit. It's awful maths, and I see it from all of them...please, take these claims with a pinch of salt. These are people who don't even understand percentages nevermind the complexities of trading.
Topic: Traders be careful - page 6. (Read 823 times)
The bull run is the most appreciated time for crypto currency investors and trader's
But i am shocked after the little bull run that pushed up bitcoin, etherum anf other token prices, people are starting to offer signal services, ttadr signals etc
Suddenly some set of people turned theirself to analyst.
i would advice you stick to your trade patterns or strategies and avoid this desperate signal peddlers.
But i am shocked after the little bull run that pushed up bitcoin, etherum anf other token prices, people are starting to offer signal services, ttadr signals etc
Suddenly some set of people turned theirself to analyst.
i would advice you stick to your trade patterns or strategies and avoid this desperate signal peddlers.
Right, you can call them cyber criminals, taking advantage of the weak again just because we are in the sort of mini bull run. Maybe we can see telegram signal groups multiplying in numbers again, similar to 2017. However, I have a strong feeling that investors are smarter now. Although there could be a lot of newbies who can still fall for this kind of trick.
NB: This is basically my thoughts this morning, perhaps you feel its a wrong motive from me?
let me know what you feel about it.
let me know what you feel about it.
Nah, it's good that you have given the community a fair warning about this. Been long in this market, and I have seen this repeatedly, criminals just around the corner waiting to pounce for their unsuspecting victims but offering trading signals. Initially they will offer it for free, then later they will suckered you to join their paid signals. And then you are caught and eventually loss money in the end.
Its not a new thing, I've seen people sending money to crypto traders and the expert trader removes his or her own percentage after a successful trade, my advice is anyone can do this themselves without looking for crypto trading experts
Quite right, it is unnecessary to trust various forecasters from the Internet or various telegram channels, because in almost all cases these forecasts turn out to be a lie, therefore you should always think with your own head and first of all listen to yourself and draw your own conclusions.
There are too many fake analysts and traders on the market. Therefore, traders must always be careful. In addition, trade advice from quality investors/analysts can be useful, but you should also always do your own research and analysts too. And trade according to your analyst results.
Trading signal providers are proven scam. There are people who have also started providing managed portfolio services where they are offering to trade on your behalf and share a percentage of profit. My discord account is full with such non sense invitations. I don't know how people realls falls for such scams and then cry for loosing money!
I believe you don't know how desperate people are when it comes to money making, many don't want to work hard but they aim to achieve big things, do you know that some rely on Charts? and some relies on Experts Prediction? because I've seen such people, they exists
Yes and most of them are those who lost money in the process. It takes time to study and become an expert trader but trial and error is a must for you to understand how to earn money by trading.
Or people should probably just use signals from traders who are consistently right. Many of those groups are not worth risking ones hard-earned money.
Signals arent always accurate and we knew that ever since. If you like to rely on someone's caliber then those guys should be efficient enough to provide a good result. I am following a trading group, they don't divulge specific answers on where to the market will dump or pump but from how I can see they do it. Clearly I followed a right group cause some hints point me on the right direction. Can't share the group its confidential.
The bull run is the most appreciated time for crypto currency investors and trader's
But i am shocked after the little bull run that pushed up bitcoin, etherum anf other token prices, people are starting to offer signal services, ttadr signals etc
Suddenly some set of people turned theirself to analyst.
i would advice you stick to your trade patterns or strategies and avoid this desperate signal peddlers.
NB: This is basically my thoughts this morning, perhaps you feel its a wrong motive from me?
let me know what you feel about it.
But i am shocked after the little bull run that pushed up bitcoin, etherum anf other token prices, people are starting to offer signal services, ttadr signals etc
Suddenly some set of people turned theirself to analyst.
i would advice you stick to your trade patterns or strategies and avoid this desperate signal peddlers.
NB: This is basically my thoughts this morning, perhaps you feel its a wrong motive from me?
let me know what you feel about it.
The market is till running sideways. In Bull run the Fiat value increases daily it does not get stuck as it is happening now. It is better to follow your own strategy rather following someone else. These self proclaimed crypto gurus were always present suddenly they have come out after being silent for 2 years now.
Avoid them to avoid loses.
I think we are already in bullish trend else BTC & ETH and other alts wouldn't have pumped, also it's always better to research on our own which gives as atleast a satisfaction even if we do mistake.
No one in this forum gives genuine predictions they are just sharing their own thoughts, for me another name of crypto is 'unpredictable'...
No one in this forum gives genuine predictions they are just sharing their own thoughts, for me another name of crypto is 'unpredictable'...
But i am shocked after the little bull run that pushed up bitcoin, etherum anf other token prices, people are starting to offer signal services, ttadr signals etc
No werent on bull run phase yet. This is simply a boost from all over investors and traders who are looking forward for a healthy market. Bull run is something very huge and lots of money will be involved due to demand of different coins and tokens.
Signal? You mean a group where people given certain clue or hint to buy or sell? That's not actually new and even for altcoins there are lots of groups like these. Anyway your advice is good but you cant force other to rely on charts and normal basis due to lack of knowledge.
Or people should probably just use signals from traders who are consistently right. Many of those groups are not worth risking ones hard-earned money. They could even be buying up coins that don't deserve investments and dumping on their customers.
I guess it's better to just use free sites like TradeView.
Oh crap here they go again.
Well, thanks to the high price of bitcoin.
I bet they will take it even for just .001 BTC of payment.
Yes, they are seeing a big wave which will come and they are hoarding more even with how much evil way it could get.
Telegram mostly. This happens a lot there.
Well, thanks to the high price of bitcoin.
I bet they will take it even for just .001 BTC of payment.
Yes, they are seeing a big wave which will come and they are hoarding more even with how much evil way it could get.
Telegram mostly. This happens a lot there.
I suggest that they should study how to trade and don't rely on those so called TA.
Everyone could predict the price but not everyone have the skill to know how to read the chart.
Those so called TA's are just following the trend they see a big dump they would tell some random price at the bottom and when the market moves up they would just random guess a number that would looks close but also realistic to reach because of the hype.
Everyone could predict the price but not everyone have the skill to know how to read the chart.
Those so called TA's are just following the trend they see a big dump they would tell some random price at the bottom and when the market moves up they would just random guess a number that would looks close but also realistic to reach because of the hype.
This people who offers signal was never lost in the market, they remain here because the market despite at bear are still volatile, so they'll make money with the call. However, in bull market, people are more interested to invest and for me, signals are not important anymore as in bull market we will likely make money in short trade due to the fact that price can be easily predicted.
I think that before say "NO" to trading signals, you need to analyze the statistics and experience of those traders who offer it. I am working with several people and trade with their signals. there are definitely people in this market who give very high-quality signals, but you have to pay a lot of money to receive these signals
Now there is a stir in the cryptocurrency market, everyone is trying to sell their coins and make good profits. I believe that analysts make the forecast very in the right direction and their strategies at the moment are very doubtful. Since everyone can be mistaken and you need to catch shasn in this market to sell your coins.
But i am shocked after the little bull run that pushed up bitcoin, etherum anf other token prices, people are starting to offer signal services, ttadr signals etc
No werent on bull run phase yet. This is simply a boost from all over investors and traders who are looking forward for a healthy market. Bull run is something very huge and lots of money will be involved due to demand of different coins and tokens.
Signal? You mean a group where people given certain clue or hint to buy or sell? That's not actually new and even for altcoins there are lots of groups like these. Anyway your advice is good but you cant force other to rely on charts and normal basis due to lack of knowledge.
You haven't seen anything yet, we aren't even in bull market phase yet, just wait when the bull begin properly and you'll see all sort of scams popping up every minute. Those claiming to be investment platforms and trading professionals, etc. The issue isn't about this shady activities popping up but are the Investors and enthusiast getting informed so they don't fall victim of this scammers.
About the self declared analyst, avoiding them is quite achievable, you just have to understand nobody actually understand the market, all they do is predict or speculation on the outcome either from informations available to everyone or from previous experience. What they do isn't that special and most times they do it for their selfish interest.
Like you have said, developing yourself, practicing your trading strategy and perfecting them is the only way to profit from the bull run. Relying on this so called specialist is just foolishness as all they do is leverage on the number of followers they have to pump and dump coins.
About the self declared analyst, avoiding them is quite achievable, you just have to understand nobody actually understand the market, all they do is predict or speculation on the outcome either from informations available to everyone or from previous experience. What they do isn't that special and most times they do it for their selfish interest.
Like you have said, developing yourself, practicing your trading strategy and perfecting them is the only way to profit from the bull run. Relying on this so called specialist is just foolishness as all they do is leverage on the number of followers they have to pump and dump coins.
I agree on everything else but i think we most definitely are in the beginning of the long bull market, in fact i would be very surprised if this wasn't it. People aren't just believing it yet. When they do it's usually scammertime once again. And this time scammers will come probably even more prepared.
And people will believe crappy "influencers" once again, because in bull market it's so easy making money, people will believe that they are actually good traders, and pumps will be more effective and dumps will be devastating.
There are many fake analyst/traders on every single social media like Facebook and twitter, I am not surprised that they kept growing in number because people do patronize them, sending money to traders online to trade for them, people are so unpredictable
I see so many crypto signal offers on their trade appearing on the telegram channel again actively and they say the analysis will be 80% accurate but actually I am not so sure what is offered, I will focus more on what I have in that trade I have find your own ways to trade safely that is better and more profitable.
for me buying a trading signal is useless.
for me buying a trading signal is useless.
Everyone can have their own analyses and prediction to price of the tokens and coins but market always decide whether the price could hit its target. Support and resistance are always there to rely on. Why do you think TA is a great reference? Cause its work in times we are clueless on what to do either we need to sell and buy.
If youre not a trader then dont mind those babbling cause holders tend to just stay put and look for a higher value where they can sell and monetize profits of their asset.
If youre not a trader then dont mind those babbling cause holders tend to just stay put and look for a higher value where they can sell and monetize profits of their asset.
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