Trading signal become a smart scam!!!

Kemarit

legendary

Activity: 3080

Merit: 1353

Quote from: cotton ball on June 06, 2018, 03:36:51 AM

Quote from: scalvo98 on June 04, 2018, 01:59:09 AM

Yes that is true, sadly there are a lot of people who are trying to buy signals packages and they end up losing a bunch of money because of that (a friend of mine got scammed like this)

our decision to follow the premium signal should understand the risk that they are not always right, but as long as I follow it, the profits generated are the majority and it's not a complicated issue, all signals can be useless when the market is downtrend, that's where we should take decisions, not all the signals that appear should be followed, we must have own logic in doing so, they are just a support tool.

Then why people are still falling for this kind of trap when we can used our own logic, make a decision and not totally rely on them? The reason? they think that they can earn a lot of money without exercising too much of their brain. LOL. I don't know but its already 2018 so I'm still quite surprise to see members still being suckered by this so called trading signals or pump-and-dump groups. They are totally scam and the promise profit will not be realized in matter of days and months.

cotton ball

sr. member

Activity: 1288

Merit: 253

Quote from: scalvo98 on June 04, 2018, 01:59:09 AM

Yes that is true, sadly there are a lot of people who are trying to buy signals packages and they end up losing a bunch of money because of that (a friend of mine got scammed like this)

our decision to follow the premium signal should understand the risk that they are not always right, but as long as I follow it, the profits generated are the majority and it's not a complicated issue, all signals can be useless when the market is downtrend, that's where we should take decisions, not all the signals that appear should be followed, we must have own logic in doing so, they are just a support tool.

kujaroth

newbie

Activity: 69

Merit: 0

I don't how trade signal works. But it seems to me that if you are trading your bitcoins or altcoins, there is no definite time frame to trade it to it maximum potential. It's just up to the trader on how will he profit into the trading.

StarofBTC

hero member

Activity: 1148

Merit: 528

Quote from: The Cryptovator on June 02, 2018, 04:12:50 PM

I don't know how many people got benifite from paid trading signal. Yes, there is best and legit trading signal. But it's very rare. Most of them are smart scammer or silent scammer. It's normal that if any one have huge paid member's on his group. He can simply give signal to buy some coin. Because they will give signal only single exchange. Once they give signal people start buy. Then automatically price will go up. Then who is give signal they sold their coin on good price. Yes that time may be some people get profit and some people can loss. Those are in loss, they think our bad luck so we loss. No it's not only loss it's one kind of scam. Signal giver show success by those are on profits. Specially on day trade happened this kind of scam.

We get scam because we are very lazy. We didn't try to research or analyse crypto market. We only depend on other.

My question is if some one know whice coin will pump then why they need get paid for signal ? Why they didn't trade huge themself? Because they are not sure. Main reones to get paid for signal is pump a coin and get profit.

My suggestion is even you pay for signal, you should research yourself too. They just make fool us.

You would need to get rid of the fake sites and scammers are those who betray and clinch all your wealth in the form of investment. Google and many other social media communicating systems have removed these scammers up to large extent but still exist in the market.

Now be aware of such places and think 10 times before making any decision as this is the place you need to have knowledge ad handle your trading and investment so that you may get benefit and profit.

DJ_Rick

member

Activity: 241

Merit: 10

There are a lot of people who really think that signals are good enough and profitable, but they are not.
You need to be serious about it, because most of them are pump and dumps.

ivrynx

full member

Activity: 518

Merit: 103

For trading signals, it is much better if you understand technical analysis than relying on others, since at the end, it will be your own risk, though trafing signals are great for notifying you what is happening with the market, you still need to understand the volatility of it, there is no way in which you could predict the.market is making a break through, the same goes with trading signals, it doesn't predict anything, it will just notify you, but it is not a guarantee that it is a good time to enter, just make.sure to only rely on yourself Nd your experiences, since it will only benefit you for a long term, which is a good thing.

Leonard2016

hero member

Activity: 1036

Merit: 520

If they were so good at trading they didn't need to create a group and asking people money to join it , I never trust any of them , no matter how good they are .

omonuyak

sr. member

Activity: 882

Merit: 269

I do advice people to trade by analyzing the market themselves and be able to to learn through experience on how to invest and buy cryptocurrencies and sell them at the right time. Signal provider make they money selling the signal to they customers and your success depends of if the market favour you.

scalvo98

member

Activity: 139

Merit: 10

Yes that is true, sadly there are a lot of people who are trying to buy signals packages and they end up losing a bunch of money because of that (a friend of mine got scammed like this)

coffigayo

member

Activity: 322

Merit: 12

Yes most of the kriptocurrancy traders understand what you mean and what you want to say. You are sure that experienced traders will not fall for this trap. You do not believe in good signals because I think that someone should do some research on their own before investing in coins. signals to their channel, claiming it will give many advantages, so group members can buy the coins, boost demand and price and they end up getting out of the trade and get the biggest profit from buying it at the lowest. Most of these trade signal channels are just groups of pumps and dumps using trade signal experts as facades.

btcdiggingmaster

hero member

Activity: 644

Merit: 500

Transact Safer / Chase Better

I do have bad opinion towards trading signals but there are very few signal provide which seems to be legit. I think their fees is very high in the market. Don't fall for all the signal provider it might help you to loose your money. So we have to be very careful with the signal providers.

abayan

sr. member

Activity: 686

Merit: 260

Quote from: The Cryptovator on June 02, 2018, 04:12:50 PM

I don't know how many people got benifite from paid trading signal. Yes, there is best and legit trading signal. But it's very rare. Most of them are smart scammer or silent scammer. It's normal that if any one have huge paid member's on his group. He can simply give signal to buy some coin. Because they will give signal only single exchange. Once they give signal people start buy. Then automatically price will go up. Then who is give signal they sold their coin on good price. Yes that time may be some people get profit and some people can loss. Those are in loss, they think our bad luck so we loss. No it's not only loss it's one kind of scam. Signal giver show success by those are on profits. Specially on day trade happened this kind of scam.

We get scam because we are very lazy. We didn't try to research or analyse crypto market. We only depend on other.

My question is if some one know whice coin will pump then why they need get paid for signal ? Why they didn't trade huge themself? Because they are not sure. Main reones to get paid for signal is pump a coin and get profit.

My suggestion is even you pay for signal, you should research yourself too. They just make fool us.

Why joining in that kind of signals, the reason is they gave a coin from itself and you wait for it to pump and its your choice to make a research and when you will sell in your position. I have found this signals not actually a scam, it is more on strategy so that when they got many followers to that coin the coin will suddenly go up and the new traders is more probably to crash because of lack of knowledge.

shesheboy

full member

Activity: 714

Merit: 114

Quote from: Casabrandy on June 03, 2018, 05:56:49 PM

Quote from: Docbee on June 03, 2018, 04:51:32 PM

I don't trust those trading signals of a things i have once fell into the trap and learnt from it it is cheap manipulation for crypto baby who knows nothing about crypto.

We should not only rely on trading signals alone, there are times that its not appropriate to use that we need to take considerations more of what is happening in news same with the status of the market.

why not? believe it or not those trading signals or other crypto related signals are still verry useful because they can provide us an appropriate signals whenever or wherever they see a news or a sudden price change from the market of crypto. these signals are built only for one purpose and that is to help our fellow crypto enthusiast to make their lives more easy .

Yet we should also be aware that there are also scams , mostly you can get scam in the form a paid subscription . That is why much better if you can avoid these kind of signals that offers premium or paid subscription because they can be oftenly prone to scams

entrepmind23

sr. member

Activity: 644

Merit: 261

Quote from: meusyou on June 03, 2018, 05:47:30 PM

Most of my profitable trade are as a result of my own diligent research and since then I have vowed to always review project on my own taking some important information into consideration. This has helped me to reduce loss on trade greatly.

Good for you because you do your own analysis but unfortunately, there are many people who thought that crypto is a get rich quick scheme that's why they participate in those groups that give signals and even pay to get them but eventually getting rekt because they just depend on the admin of the group. There may have been some groups that are the exception to this but most of them just take advantage of their members or subscribers to get profit. I have seen some though that show a chart and suggest a buy or sell level but why pay for it when you can see a bunch of it in twitter posting their TAs.

Quote from: kickdapa on June 03, 2018, 06:39:32 PM

Don't go for the trading signal. Those all are a scam, and they make people fool. I have experienced it. When I was starting a trade, I was looking for signals, because I knew trade signals are beneficial. Then I joined in two telegram group. That signal was for cryptopia and binance. I was just shocked how they took profits from the people like us. After that, I never followed trade signals. So, I would suggest you, try to learn yourself, read senior traders post from here or anywhere. But don't go for the message. Good Luck.

I admit that I was one who joined the signals group before and even paid for it but I learned my lesson because instead of gaining, I am losing always late to buy the coin resulted to being dumped so I just do my own charting now and analyze coins that has potential. The one who are following those signals will only learn their lesson when they lose and experience it themselves.

kickdapa

full member

Activity: 627

Merit: 103

Don't go for the trading signal. Those all are a scam, and they make people fool. I have experienced it. When I was starting a trade, I was looking for signals, because I knew trade signals are beneficial. Then I joined in two telegram group. That signal was for cryptopia and binance. I was just shocked how they took profits from the people like us. After that, I never followed trade signals. So, I would suggest you, try to learn yourself, read senior traders post from here or anywhere. But don't go for the message. Good Luck.

Casabrandy

hero member

Activity: 837

Merit: 500

Quote from: Docbee on June 03, 2018, 04:51:32 PM

I don't trust those trading signals of a things i have once fell into the trap and learnt from it it is cheap manipulation for crypto baby who knows nothing about crypto.

We should not only rely on trading signals alone, there are times that its not appropriate to use that we need to take considerations more of what is happening in news same with the status of the market.

meusyou

jr. member

Activity: 108

Merit: 1

Most of my profitable trade are as a result of my own diligent research and since then I have vowed to always review project on my own taking some important information into consideration. This has helped me to reduce loss on trade greatly.

GalaxyWorld

member

Activity: 406

Merit: 10

The Exchange for EOS Community

Quote from: odb1 on June 03, 2018, 02:17:05 PM

Yes this is so true that the trading signals become scam and there are a lot of peoples doing this. They charge some fee for giving signals and they give us fake signals, some are provoke us to be a part of a pump group in alt coins and we missed all signals and losses our money as well. my personal experience is very bad in pump group and signals as well.

Almost all signaling groups are a way to entice new investors to buy so news people will put up selling coins that they have bought for a long time. This is the way many news groups nowadays, if you join and invest in newsgroups, you are becoming prey to them.

Docbee

full member

Activity: 822

Merit: 100

I don't trust those trading signals of a things i have once fell into the trap and learnt from it it is cheap manipulation for crypto baby who knows nothing about crypto.

kojoannan

member

Activity: 294

Merit: 10

www.daxico.com

Why do people pay people to give a trading signal which is not sure to happen but just a forecast. Trading signals can't make you rich,if it can, the owners wouldn't sell it. The only holy grail is your own analysis backed by a research on the coins you wish to trade.

Topic: Trading signal become a smart scam!!! (Read 305 times)