Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: ayatoslaw on February 17, 2021, 12:53:30 AM
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Trading signals are paid or free services provided by an analyst to provide information about market conditions, open positions, stop losses and take profits. In the cryptocurrency world trading signals can be easily found via twitter as well as telegram channels.
Seeing this opportunity, many novice traders try to follow the trading signals to get instant profit. But instead of making a profit, most of them get a loss.
So I want to ask, can someone trade following trading signals? because in many cases those who follow trading signals often get losses, but also not a few who get a lot of profit from following trading signals.
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You are correct sir, i see that on this time have many telegram channel who provide free or paid crypto currency signal and also i follow that many people use their trading signal but i see that many trader earn some good profit from their Signal.
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I think signals are essential for every user to make a profit by investing in the cryptocurrency market. Many people around the world are now benefiting by investing. New cryptocurrencies are constantly being added to the list of investments. So these are important for trading. There is a pump and dump section for tokens that constantly fluctuate a lot. It is important to increase the discussion there.
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I look at the technical analysis of some coins that are published by crypto bloggers on YouTube, but I make the final analysis and buy decision on my own. Trading signals should not be thoughtlessly followed.
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One of my friends bought himself a subscription to paid signals of some successful trader he allocated $ 1,500 for these signals a month later he had $ 2,500 on his account.
One thing i can say for sure is that when the market grows, you don't need to be a cool analyst, the main thing is to be on the wave.
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A few days ago, a telegram group started trading and signaled when a coin price would rise. Seeing them, many people trade in them and then get a lot of profit. In fact, if you can trade by looking at such trading signals, then you can make a good profit by trading.
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Trading signals are indeed a polemic, namely for beginners they always think that following information from analysts will reap big profits. How funny it is when a trader enters the market only by relying on these signals, because it is better for us to learn some basic indicators first to be ready to receive these trading signals. because we need to be able to analyze different market conditions and trading volumes on different exchanges. So before going any further, some basic knowledge is required. And we need to note that some data says traders go to exchanges and buy crypto based on the trends they get in the media which are not necessarily clear on that basis.
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I think signals are essential for every user to make a profit by investing in the cryptocurrency market.
Most of the trading signals are not profitable for the followers, in most cases the followers of the trade signals will buy when the price has gone up, the reason is because an analyst has bought before publishing his analysis, and when many people follow his analysis, they will sell the coin, that's what actually happened ))
whereas Pump and Dump are only a result of increasing or decreasing market demand.
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Trading signals are not quite right for me. Moreover, trading signals are free, of course if you follow you will get a loss. Because free trading signals are only for benefit the person providing free analysis.
One example is when the person said Abbys coin will pump at 02.00am and will finish at 02.15am. Actually he had bought Abbys coin and it didn't move at all. So he gave a pump signal so that the coin he bought would move up and he would sell them.
I prefer my own analysis than the analysis of others. Because all of our own risk, not someone else.
So don't be too stupid and want to be used by other people. We have to act smart in the crypto world
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I think signals are essential for every user to make a profit by investing in the cryptocurrency market.
Most of the trading signals are not profitable for the followers, in most cases the followers of the trade signals will buy when the price has gone up, the reason is because an analyst has bought before publishing his analysis, and when many people follow his analysis, they will sell the coin, that's what actually happened ))
whereas Pump and Dump are only a result of increasing or decreasing market demand.
I totally agree with you! And there are a lot of such examples around us, we just need to notice it.
From the latter I recall the case with wallstreetbets namely with the channel in the telegram. After their signal, the price immediately fell when such advisers sold them with purchased coins.
But I think they were scammers. Many have suffered losses anyway...
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A few days ago, a telegram group started trading and signaled when a coin price would rise. Seeing them, many people trade in them and then get a lot of profit. In fact, if you can trade by looking at such trading signals, then you can make a good profit by trading.
I agree with your opinion and i believe that everybody can make good profit from their investment if they received any legit and real signal from any telegram channel or group. So need real telegram group for good earning otherwise will loss.
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We can only trade following trading signals, but it is also good if before buying coins we re-analyze the coins. I myself intend to join trading signals in the Telegram group, but paid ones or Premium signals.
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Today I bought some dia and BnB coin according a trading signals that dia makes me 30 dollars profits and BnB makes me 50 dollars profits.
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I have a bad attitude towards trading signals only because I was previously added to various Telegram channels with trading signals without my consent. Perhaps I would use free trading signals, but I would not pay for them.
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I totally agree with you! And there are a lot of such examples around us, we just need to notice it.
From the latter I recall the case with wallstreetbets namely with the channel in the telegram. After their signal, the price immediately fell when such advisers sold them with purchased coins.
But I think they were scammers. Many have suffered losses anyway...
Yes, that is the strategy the whales use, they create FOMO with trading signals, when the FOMO is very strong and many novice traders follow it, the whale will sell the coins.
But that doesn't mean they are scammers, it is a trading strategy, and it is common for traders to do, that's why novice traders are advised to trade using their own analysis, not following trading signals.
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There are lot's of people that can't trade without signal must of them always depend on signal before they can trade and the pay for it, but must of the signals are not always 100% must of them always fail. But as a trader you don't have to depend on anybody before you can trade all you need to do is look for a coin do your research about the coin it the coin is good you can buy but you are not satisfied with the coin you can move to another coin.
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There are lot's of people that can't trade without signal must of them always depend on signal before they can trade and the pay for it, but must of the signals are not always 100% must of them always fail. But as a trader you don't have to depend on anybody before you can trade all you need to do is look for a coin do your research about the coin it the coin is good you can buy but you are not satisfied with the coin you can move to another coin.
in fact, if the signal carries very good information that the trader can really use, then undoubtedly such a transaction will bring corresponding profit. But if the trader does not have much experience to carry out technical and fundamental analysis, and therefore have Great Expectations for the signals. But a very big problem is to find a source of really effective trading signals, since they are mostly spread by scammers to manipulate the market.
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Trading by following signals is like travelling in the night with out wind screen and following another car moves. One can easily bump into an unexpected accident. The chances of failure is very high.
There is no much in trading but your time and effort with patience is required followed by Technical and fundamental analysis.
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Trading signals are paid or free services provided by an analyst to provide information about market conditions, open positions, stop losses and take profits. In the cryptocurrency world trading signals can be easily found via twitter as well as telegram channels.
Seeing this opportunity, many novice traders try to follow the trading signals to get instant profit. But instead of making a profit, most of them get a loss.
So I want to ask, can someone trade following trading signals? because in many cases those who follow trading signals often get losses, but also not a few who get a lot of profit from following trading signals.
When it comes to trading signals with open positions, stop losses and take profits; only a greedy trader would miss out and be in loss. Because a trading signal that gives you TP AND SL has protected your interest as a novice; all you need to do is follow the procedures and you are good.
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Yes you can make profit following trading signals. But only if you follow a good trader and market analyst. Good signals in pumping seasons can give you big profits.
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if i personally find it very difficult to recognize the signal or chart that i observe , only the demand for the coins is trending or not understand the amount of supply if the coins is cheap the best opportunity to buy .
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In fact, I used to trade once but lost a lot. But I can find out through a telegram which coins will be dumped and when they will pump. In fact, I have been trading since I received the signal via telegram and they have a certain limit to sell immediately as long as it increases. I’ve actually seen a lot of good quality profits out there and I’ve got fairly too.
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I believe trading signals, or telegram channels on such topics are not relevant and only a waste of your personal time, perhaps there are still people who pay for it, you can also spend time on this and deal with the cryptocurrency market yourself and trade successfully.
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In fact, those who trade are watching the telegram signals and are making a lot of profit. I learned from a single telegram today that the binance coin will increase several times. So if someone wants to trade in Binans Coins, Hello, of course, can be very profitable. I have also heard that double can come from what can be invested today. If anyone has faith then of course you can do it now.
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I agree with people who say that trading using Trading signals is very profitable, as long as the trading signals we follow are paid ones. Because the people who exist or manage these trading signals are people who are already professionals in the world of trading.
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In fact, those who trade are watching the telegram signals and are making a lot of profit. I learned from a single telegram today that the binance coin will increase several times. So if someone wants to trade in Binans Coins, Hello, of course, can be very profitable. I have also heard that double can come from what can be invested today. If anyone has faith then of course you can do it now.
There is no guarantee the trading signals you follow will be profitable forever, and the market also happens to be a bullish one, no wonder so many coins are starting to go up in price. If the market is bearish I believe the result will be different.
I agree with people who say that trading using Trading signals is very profitable, as long as the trading signals we follow are paid ones. Because the people who exist or manage these trading signals are people who are already professionals in the world of trading.
It does not guarantee paid trading signals provide consistent profit, we must know that the market moves based on global market sentiment, not based on trading signals ))
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Trading signals are paid or free services provided by an analyst to provide information about market conditions, open positions, stop losses and take profits. In the cryptocurrency world trading signals can be easily found via twitter as well as telegram channels.
Seeing this opportunity, many novice traders try to follow the trading signals to get instant profit. But instead of making a profit, most of them get a loss.
So I want to ask, can someone trade following trading signals? because in many cases those who follow trading signals often get losses, but also not a few who get a lot of profit from following trading signals.
Where there is some truth in this , I also believe if the person giving the signal is an OG cryptocurrency trader and have been on point on previous trade signal, then follow the instructions as given and I have monitored some trade signals myself to see how true they are, and some are very correct even though they are some misses.
I also think if you are trading crypto currency, you should at least do due diligence of knowing what to do instead of relying on other 100% for what to do.
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In this regard I would say that nothing should be done just relying on trading signals. Because I saw a friend of mine that he always traded on the trading signals. Suddenly one day he got a big loss that it was difficult to recover. So i think knowledge and signals both are important to trade business.
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In this regard I would say that nothing should be done just relying on trading signals. Because I saw a friend of mine that he always traded on the trading signals. Suddenly one day he got a big loss that it was difficult to recover. So i think knowledge and signals both are important to trade business.
Over reliance and dependent on trading signal can result to a massive loss if proper money management is not deployed that is trading with the amount of money you can afford to lose, telegram signal provider mostly sell those calls to make their own money, thus I will advise any trader that rely on those signals to have some little experience in trading to avoid trading blindly whenever a call is made by the providers
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i think everyone should get a free trial of any channel before joining it to try their services and their deals to see if they are really working or they are only fooling people and then i believe after the free trial everyone should be able to take their own decision wether joining them or not..
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For a good trade, all additional resources are good if the signals help you trade on cryptocurrency and you only give a plus why not.