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Topic: Traders be careful - page 7. (Read 802 times)

legendary
Activity: 2058
Merit: 1270
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February 13, 2020, 03:47:32 AM
#5
From what I know, this signals are given both in the bull and in the bear run, the trading discussion/Economics section has lots of those information, users are sharing strategies and signals on how to trade and so on. I've once said it before that I do not suppose anyone to be an expert, if there were experts, then trading will be a doddle for everyone. They may not be scammers per se, and just sharing their experiences, but investors should'nt follow their advices blindly.
Like you have said, developing yourself, practicing your trading strategy and perfecting them is the only way to profit from the bull run.
And also buying and watching out for how long the bull run will last, that's for the hodlers, but it also risky, so you don't buy when the price is too high and then it doesn't go up from there anymore but retrogresses,(for example those who bought at 20k) then you'll have to keep on hodling.
member
Activity: 490
Merit: 19
February 13, 2020, 03:39:56 AM
#4
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.
Very correct, there is no such thing as crypto expert in this space because many who predicted in the past all failed, this means you have to rely on your own tactics to proceed and achieve your aim, there is nothing wrong in learning, mistakes will happen just learn from it and try again
legendary
Activity: 2674
Merit: 1226
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February 13, 2020, 03:25:24 AM
#3
You know the bull has truly come back when these seasonal guys start popping up again. The bull market in 2017 really tricked a lot of people into thinking they're awesome traders and we all know even the famous crypto funds all lost money in 2018. Experts or amateurs, they all did badly in the bear.

Don't buy signals! Agree!
legendary
Activity: 2380
Merit: 4265
eXch.cx - Automatic crypto Swap Exchange.
February 13, 2020, 03:34:14 AM
#3
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.
legendary
Activity: 2100
Merit: 1321
Fully Regulated Crypto Casino
February 13, 2020, 03:18:18 AM
#2
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.
member
Activity: 579
Merit: 13
Are you kind to your neighbor? Think it through
February 13, 2020, 01:02:13 AM
#1
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.
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