Wrong signal

[Blue_sea]

The signal doesn't always work effectively. Most of the time it is more likely to be wrong. Because the correct signal is not available. Moreover it is provided by depending on an idea or conjecture. So we should not always depend on signal.

[hair]

I don't think you have to rely on trading signals. try to analyze and understand the situation of the market before investing. knowledge and experience are indispensable

[Abubakar56]

Whenever you are trading you don't have to be looking for signal you don't have to follow groups that will ask you to pay for signal, the people predicting price are just like you why don't you seat and make research about a coin on your own and stop following what people ask you to do.

[Casual]

To trade, I think you must have good knowledge and good experience.  You need to understand which coin is in good market position at any given time.  If you wait for someone else's signal without having to invest in this coin, you could be at a loss.  And you need to have experience in trading on what kind of transaction fees is charged and whether you can make a profit by calculating all the aspects.

[gabbie2010]

Take the bull by the horn and learn trading rather than relying on signals my own assumption is that signal providers ought to have use their signal to trade themselves and earned decent profits, majority of them are out to rip newbies their hard earned money, take your time and research on trading strategies pick any one and work on it practice until you are profitting consistently before investing in a live account.

[nicecrypto]

I don't think you have to rely on trading signals. try to analyze and understand the situation of the market before investing. knowledge and experience are indispensable

Every thing you said is correct but I do also believe that the trading signal or maybe also Technical Analysis should or is part of that understanding or knowledge an investor needs to excel when investing in crypto. An investor have to be able to see some signal to understand what could possible happen next apart from once in a while NEWS put out by celebs or Developers that moves the market, the knowledge they really need is how to read the chats that gives you an insight to the possible next market move.   

[Cleanerbd]

I do not use any signal to trade.  However, if someone you know gives a signal and his signal is correct, then you can use it.  However, I would not advise everyone to follow any signal to trade.  I think it would be great if one could understand the crypto market and trade it

[Hometown]

May be you joined/following wrong fake signal group. But I am really sorry for your losses. Before investment any signal coins ,you should investigate again signals and coins . Be careful about wrong signal mate.

[Seerge]

I already lost more than 400 dollars following wrong signal. A got a signal from my the best friend but investing those signals, I already lost more than 400 dollars.

Trading signals will not always be correct so before you invest in them you should do your own research. Incidents like this should not be repeated, and make this a rewarding experience.

[Prime]

Don't trust signal 100%, it is just a prediction. Moreover, you got the signal from your friend, not from the professional signal channel. Even the signal got from the expert, can be wrong since it is a prediction only. So, it is better if you also make your own prediction and don't use all your funds to buy.

[Fivestar4everMVP]

You are lucky @poster, four hundred dollars is nothing compared to what I've lost on wrong signals, I've lost over two thousand dollars on wrong telegram signals, I stopped following telegram signals and in search of way to make my crypto work for me, I started following Twitter signals but I ended up loosing a over a thousand dollars, this is when I stopped following signals cus I think there more to it the ordinary mind can not comprehend, except you are among the team or close to the team who make the signals, one is likely to loose money believing the shit.

[H2O]

In a cryptocurrencies trading, signal is the main thing. One can't share wrong signal because most of the beginners following signal and invest according to signal. I already lost more than 1000 dollars following wrong signal.

[Rakin343]

I trade signals from time to time.  It has been seen that some wrong signals do us a lot of harm. I bought some coins on a signal that day and pumped a little in the first stage but did not pump it later.  This is why some wrong signals do us a lot of harm.  So we are all careful, even if we trade, we will trade by paying close attention to the signal.  We will not trade on the wrong signal.

[Ghozrd]

I joined some trading signals and there are even members who pay to get VIP groups.
From there I started to learn, got a lot of information, experience and always wondered to get a good investment option, from all that I experienced, I could only watch and follow all directions because I did not have a large amount of capital to trade.
But one thing I still remember is that a trader will still get a loss when they panic because they can't stand seeing the price continue to fall

[Tamsialu$$]

I think those who will trade should never invest in listening to someone else's signal. Then many people sometimes give a lot of wrong signals that can cause a lot of damage. You have to trade at your own pace and gain knowledge about cryptocurrency. Never trade nonsense when you hear someone's signal. Then you will definitely fall into huge losses.