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Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: Cech1337 on September 03, 2024, 07:13:20 PM

Title: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: Cech1337 on September 03, 2024, 07:13:20 PM
Hi everyone,

Lately I have witnessed many people being tricked into fake crypto signals. So, we decided to research and prepare a guide containing information regarding the accuracy of such signals and potential pitfalls to look for.

Raised wondering if anyone of you has good or bad things to share with them?

Here’s what we found: A Simple Tutorial on Crypto Signals  (https://www.coinspotlight.net/crypto-signals-accuracy-guide/) What do you think? Should be believed or it is just another undeveloped trick?
 
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: _act_ on September 03, 2024, 07:53:54 PM
People that believe in signals later regret it after losing. If you like to trade, learn how to trade. But learning how to trade also does not guarantee that you are going to make money from trading. Use the money that you can afford to lose to trade. Trading is very risky.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: Findingnemo on September 03, 2024, 08:07:32 PM
Hi everyone,

Lately I have witnessed many people being tricked into fake crypto signals.

Let me tell you the truth every crypto signal is scam scheme, cause no one is ever gonna know what's coming in the future.

We all can do our predictions based on the indicators we use with the technical analysis and you will get different results when you use different set of indicators and that's how inaccurate the analysis can be.

So don't attach yourself with analysis alone especially when someone asking money to do that.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: |MINER| on September 03, 2024, 08:16:48 PM
I never prefer anyone to invest without knowing details about trading.  Be it following a bigger trader or a bigger or better group for signals. From what I have seen in my observation till date, while trading, many big traders also face losses many times and on the other hand, many small traders do not lose due to taking technically good trades.  From this point of view, why should you follow others and lose your money?

Moreover, I can confirm that most of the groups that provide such trading signals are scammers.  Just by showing some temptation they will grab some money from you as subscription or package. So in this case my suggestion will be that first understand about trading gain good knowledge about trading then start trading depend on yourself.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: milewilda on September 04, 2024, 02:29:26 PM
When it comes to crypto signals then there are tons of  groups out there which neither free or those paid ones but actually neither of those groups wont really be having that kind of assurance
on how good their signal is. If you are someone whose really that a fan on checking out others analysis then it would be worth on checking out with those free ones rather than on paying up something on which you could actually get it for free or something that you could really be able to make on for yourself. Also making up some own analysis is something which is worth
and wont really be giving out any regrets just in case you would really be losing some trades.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: Fivestar4everMVP on September 04, 2024, 03:27:40 PM
Hi everyone,

Lately I have witnessed many people being tricked into fake crypto signals. So, we decided to research and prepare a guide containing information regarding the accuracy of such signals and potential pitfalls to look for.

Raised wondering if anyone of you has good or bad things to share with them?

The crypto market is generally unpredictable, and for this reason, I personally will not trust crypto signals from some random persons or a social group or channel, but then, I never will hurt much to have a very limited number of reputable persons whom we can follow and listen to, this reputable persons should have a very high degree of knowledge and also possess a great network of high level following in the industry, and their status makes them look like insiders.

Like I currently have a guy on X (formally known as Twitter) whom I am following, and I follow all his signals when it comes to project operating on the Ton blockchain, he seems like a Ton insider and he is hardly ever wrong with his signals or predictions, I've invested in several projects he mentioned and profited greatly.

So, when it comes to signals, we should not trust just any random person out there who comes and claim to know the market more than they know thmself, we should only trust and follow signals from who are well informed and act as insiders to some degree.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: Hatchy on September 04, 2024, 06:09:00 PM
What do you think? Should be believed or it is just another undeveloped trick?

Its better to understand what trading is. Learn how to do you can create your own trading plans for yourself. I don't think it's good to trust signals made by other people as sometimes they might be wrong. What more worse is using signals giving to you by bots. I don't trust bots for any reason. To be a good trader you have to understand the basic so that even when you are giving a signal, you would be able to check for your self if such signals are valid for your entry and avoid unnecessary losses.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: electronicash on September 04, 2024, 06:31:56 PM

signals are not accurate. the indicators in our chart may say a trend is forming and it down trend, it may happen immediately or not but it could change back again especially if you are in the 4 hour chart or daily chart.

the only trend that is stable is in the long charts like the weekly or monthly but you won;t be trading using the data from this chart as a day trader. traders can pin point where the support and resistance and what price could be the bottom but there is no accuracy.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: Faisal2202 on September 04, 2024, 09:33:48 PM
Hi everyone,

Lately I have witnessed many people being tricked into fake crypto signals. So, we decided to research and prepare a guide containing information regarding the accuracy of such signals and potential pitfalls to look for.

Raised wondering if anyone of you has good or bad things to share with them?
I like the article, it's straightforward and engaging. Is this your blog?

Checking track record is not enough I also check 10 or 20 last trades that the provider has shared to calculate the profit and loss ratio and unfortunately, whenever I follow the next signal, it turns out to be a loss one. I mean, I bought Near token at 1.176 and sold it with after some cents, not even at $2, by following some signal provider and Near hit $8 I mean, I was so frustrated but I did not give up.

I followed another signal provider and checked the record, it was good, so I planned to follow his one trade to buy C98, and it was also in loss and still in loss till now. I have been following many singal groups, but the one that was a giving good coins was wise advice, and there is this Chinese dude forget the name of his YT channel.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: joniboini on September 05, 2024, 03:37:11 PM
I skim read your article and while some points are good, I think you should explain more in your writing. For example, analysis about timing or reputable source can be explored further, especially if you can give real examples. "Signal from a reputable firm" is way too general, and while it's not wrong newbies probably can't figure out which firm are relevant here. That being said, I do believe people are better of not trusting any signals regardless of where it come from as mentioned above.

Btw, I'm not sure what's the point of the "Rich point media suggestions" part. Is it a leftover from one of your posting tool?
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: jeraldskie11 on September 05, 2024, 06:35:01 PM
There are traders who really profitable and give trading signals. But there's catch on that especially those who sell signal is that, if they can really make profit with trading then why they don't give it for free. Honestly, if we are in his situation that we discover a very high win rate strategy we will avoid social medias and keep earning money. So for me, most of those guys are not real profitable traders, they just know how to lure us to make us think that they are real. I will rather trade my own money than to rely on signals.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: Hisbullah on September 05, 2024, 07:49:30 PM
There are traders who really profitable and give trading signals. But there's catch on that especially those who sell signal is that, if they can really make profit with trading then why they don't give it for free. Honestly, if we are in his situation that we discover a very high win rate strategy we will avoid social medias and keep earning money. So for me, most of those guys are not real profitable traders, they just know how to lure us to make us think that they are real. I will rather trade my own money than to rely on signals.
Don't trust those who make money by selling trading signals, because if they are really experts, they will focus on trading themselves to make a lot of money, there is no need to attract people to buy the trading signals. They will probably stay away from social media and focus more on their lives as expert traders.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: Crypto Library on September 05, 2024, 09:37:52 PM
Hi everyone,

Lately I have witnessed many people being tricked into fake crypto signals. So, we decided to research and prepare a guide containing information regarding the accuracy of such signals and potential pitfalls to look for.

Raised wondering if anyone of you has good or bad things to share with them?

Here’s what we found: A Simple Tutorial on Crypto Signals  (https://www.coinspotlight.net/crypto-signals-accuracy-guide/) What do you think? Should be believed or it is just another undeveloped trick?

Before giving your answers let me tell you a real life experience.  When I was new to trading I used to follow a group called I Mean Telegram Group.  There were often free signals and they had a premium group where signals were also given about future trades, now the main interesting thing is that one day I took a trade based on their trading signals and later it turned out that I made a small profit on that trade.  Seeing that I thought I should take their premium package but after another day following their signals and taking trades I saw that I lost.

And besides, I saw another thing that they don't have any reliable feedback, especially the feedback that they have is centralized and then I doubted why they came to earn some money only by showoff.  An even more interesting thought is that I saw another group's signal and their group's signal the same, meaning they were copying that group's signal.  So after knowing these things if you trust the group that gives the signal then I would say it is entirely your responsibility.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: yhiaali3 on September 06, 2024, 05:25:09 AM
I think that such guidelines about signals are good, they are basically educational as they explain what signals are, what types they are, who creates them and whether they should be trusted or not, I think that this will be useful for beginners who are deceived by advertisements and fall victim to fake signals.

Personally, I have tried many signals on Telegram, whether free or paid, but the benefit was very little, so I think that it is better not to use them, especially paid ones, while free ones can be tried as long as there is no loss.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: TomPluz on September 06, 2024, 08:55:46 AM
People that believe in signals later regret it after losing. If you like to trade, learn how to trade. But learning how to trade also does not guarantee that you are going to make money from trading. Use the money that you can afford to lose to trade. Trading is very risky.

Well, am not using any trading signals yet but I heard that there are really good on this based on the experiences of the people who are using them but still there are many risks involved with trading and much more so if we are depending on other people to decide for us what to do. Now, the best thing to do is to learn trading ourselves and come up with our own personalized strategies to be a winner in the market. Trading is not something like a child's play...there is a big learning curve here and only people who are investing the time, effort and of course money can be on the top of their game.

Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: MrSpasybo on September 06, 2024, 07:28:02 PM
Before giving your answers let me tell you a real life experience.  When I was new to trading I used to follow a group called I Mean Telegram Group.  There were often free signals and they had a premium group where signals were also given about future trades, now the main interesting thing is that one day I took a trade based on their trading signals and later it turned out that I made a small profit on that trade.  Seeing that I thought I should take their premium package but after another day following their signals and taking trades I saw that I lost.

And besides, I saw another thing that they don't have any reliable feedback, especially the feedback that they have is centralized and then I doubted why they came to earn some money only by showoff.  An even more interesting thought is that I saw another group's signal and their group's signal the same, meaning they were copying that group's signal.  So after knowing these things if you trust the group that gives the signal then I would say it is entirely your responsibility.
Well, the admins behind these signals are just ordinary people and they can make mistakes often. The purpose of the signal channel is to charge members directly or to get more referrals and passive income on CEXs. I don't think these signals are really reliable, the more important part could be the habit of setting stop-loss orders and managing capital most effectively.

I also believe that each trader should master their own trading journey instead of just waiting and blindly trusting trading signals. They need to improve their own abilities to escape market manipulation plans or avoid being deceived and becoming liquidity providers for admins who want to trap members to take profits.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: Crypto Library on September 06, 2024, 07:37:48 PM
Well, the admins behind these signals are just ordinary people and they can make mistakes often. The purpose of the signal channel is to charge members directly or to get more referrals and passive income on CEXs. I don't think these signals are really reliable, the more important part could be the habit of setting stop-loss orders and managing capital most effectively.

I also believe that each trader should master their own trading journey instead of just waiting and blindly trusting trading signals. They need to improve their own abilities to escape market manipulation plans or avoid being deceived and becoming liquidity providers for admins who want to trap members to take profits.
Yeap, lately I have seen on my social media i mean on facebook and youtube many people are promoting their telegram channel where they give free signals and make people greedy they have earned a lot of money and by following their signal other people are also owning a lot of money overnight. And I will agree with you here that you said that such publicists are doing such promotions in the media only for referrals and light nothing income.

And besides, those who only give signals and don't teach anything else about trading are frauds from before, and I will continue to think so.  And it would be best not to follow them.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: nakmantu99 on September 07, 2024, 01:44:04 AM
Well, the admins behind these signals are just ordinary people and they can make mistakes often. The purpose of the signal channel is to charge members directly or to get more referrals and passive income on CEXs. I don't think these signals are really reliable, the more important part could be the habit of setting stop-loss orders and managing capital most effectively.

I also believe that each trader should master their own trading journey instead of just waiting and blindly trusting trading signals. They need to improve their own abilities to escape market manipulation plans or avoid being deceived and becoming liquidity providers for admins who want to trap members to take profits.
Yeap, lately I have seen on my social media i mean on facebook and youtube many people are promoting their telegram channel where they give free signals and make people greedy they have earned a lot of money and by following their signal other people are also owning a lot of money overnight. And I will agree with you here that you said that such publicists are doing such promotions in the media only for referrals and light nothing income.

And besides, those who only give signals and don't teach anything else about trading are frauds from before, and I will continue to think so.  And it would be best not to follow them.
If the trading signals that people share on social media make people rich, that's a good thing because it's given for free. But I've also followed something like this but didn't get anything. So I decided to learn trading by myself without looking for a group that shares trading signals.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: Crypto Library on September 07, 2024, 01:58:32 PM
If the trading signals that people share on social media make people rich, that's a good thing because it's given for free. But I've also followed something like this but didn't get anything. So I decided to learn trading by myself without looking for a group that shares trading signals.
To me, those who provide these services seem more like bogus saints who make people blind by showing magic with their hands, especially in India where these bogus saints bring gold by turning their hands. And if things were true then there would be no more poor people in the world, there would not be so much poverty in the world.  Those who provide these signals usually try to make money by selling referrals from people and some packages.

I don't trust them now and currently I am investing as much as I can with my knowledge and experience and currently I am focusing more on long term investments as these investments require less technical analysis.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: satpol_PP on September 07, 2024, 03:18:10 PM
If the trading signals that people share on social media make people rich, that's a good thing because it's given for free. But I've also followed something like this but didn't get anything. So I decided to learn trading by myself without looking for a group that shares trading signals.
To me, those who provide these services seem more like bogus saints who make people blind by showing magic with their hands, especially in India where these bogus saints bring gold by turning their hands. And if things were true then there would be no more poor people in the world, there would not be so much poverty in the world.  Those who provide these signals usually try to make money by selling referrals from people and some packages.

I don't trust them now and currently I am investing as much as I can with my knowledge and experience and currently I am focusing more on long term investments as these investments require less technical analysis.
Don't trust those who share the signal, if they are really experts, they will not share it because they are only looking for profit from it. We should trust the knowledge and experience that we get during trading, because it is better than trusting those who are not clear.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: sonaa on September 08, 2024, 08:43:28 PM
Then we should understand what is trade.  Then you should know how to create your own trading plans.  What's worse is using the signals that bots give you.  Bots should not be trusted too soon. To be a good trader one should understand its basics.  If there should be more information about it, then we do not have to suffer any loss.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: UNIVERSE on September 08, 2024, 11:25:18 PM
You shouldn't trust the signals made by other people. They are not trustable, many of them just want to take advantage themselves. Why you don't make your own signals? I think everyone must have the ability to make a research or analysis. So, we can be independent, we don't need the help of other people's signals. If we want to be professional traders, we don't rely on the signals made by other people. It will never make us to be smart traders.

Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: Ujok on September 09, 2024, 12:22:31 AM
Don't be completely sure of the signals applied by the market, it's better for you to understand and how to trade by looking for information either from current news or from people who have more experience in this field. Don't forget to ask that person to teach you to understand signals without an application, but in my opinion, in trading, predicting the market is very difficult and if our predictions are correct it is just coincidence or luck.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: Crypto Library on September 09, 2024, 10:01:21 AM
Don't trust those who share the signal, if they are really experts, they will not share it because they are only looking for profit from it. We should trust the knowledge and experience that we get during trading, because it is better than trusting those who are not clear.
Yeap, really shouldn't trust those who only provide signal and many times ask for subscription to provide signal.
I think there are two categories of people who provide signals, one is the category of people who can't be trusted as I already mentioned, and the other category is those who provide signals and also give details about signals, and they don't just provide signals or various fundamental knowledge or  Helping people to gain knowledge about technical analysis are what I call legit traders who can be somewhat trusted.  But in the end it will be seen that one's analysis skills matter the most when it comes to trading.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: JISAN on September 09, 2024, 10:50:16 AM
Don't trust those who share the signal, if they are really experts, they will not share it because they are only looking for profit from it. We should trust the knowledge and experience that we get during trading, because it is better than trusting those who are not clear.
Yeap, really shouldn't trust those who only provide signal and many times ask for subscription to provide signal.
I think there are two categories of people who provide signals, one is the category of people who can't be trusted as I already mentioned, and the other category is those who provide signals and also give details about signals, and they don't just provide signals or various fundamental knowledge or  Helping people to gain knowledge about technical analysis are what I call legit traders who can be somewhat trusted.  But in the end it will be seen that one's analysis skills matter the most when it comes to trading.
Those who are real professional traders profit a lot from trading so they don't waste their valuable time by sharing signals with others or giving paid signals.  And those who can do some analysis and their signals do some work, then they do business by sharing services like paid signal sharing.  I don't believe them.  Because we all want to do something from which we will get the maximum benefit.  So those who share paid signals have the highest profit, they also don't know how to make good profit from trading by selling signals.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: Crypto Library on September 09, 2024, 12:23:35 PM
Those who are real professional traders profit a lot from trading so they don't waste their valuable time by sharing signals with others or giving paid signals.  And those who can do some analysis and their signals do some work, then they do business by sharing services like paid signal sharing.  I don't believe them.  Because we all want to do something from which we will get the maximum benefit.  So those who share paid signals have the highest profit, they also don't know how to make good profit from trading by selling signals.
That's true that those real professional trader will not West their time for selling their signal for a few bucks. Because the time there will invest here if the y use the time for making analysis will make them more profitable or more earning. So in that case no wise trader will don't like this the signal provider.
Moreover, I have talked about some other traders who really want to earn, besides some other people learn this trading and earn, those traders will sometimes tell their followers about how to earn the basic knowledge of trading and how to do technical analysis.  I'm talking about traders who can be trusted not only to give signals but also to teach trading.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: LUCKMCFLY on September 11, 2024, 03:03:28 AM
Moreover, I have talked about some other traders who really want to earn, besides some other people learn this trading and earn, those traders will sometimes tell their followers about how to earn the basic knowledge of trading and how to do technical analysis.  I'm talking about traders who can be trusted not only to give signals but also to teach trading.
That's very good, however this Initiative makes those who follow the signals be there, because it is a fact that everyone wants to learn, everyone wants to win but each one of us wants to learn to make money without having to follow signals that we do not see sense in, when we learn we already have another criterion, however I have seen that the majority of the signals are for very short time intervals, and that is good, but it is something that we must be clear about , for Example I have read many books on trading, but when they put me to do a very short term trading, well I don't know how to do it, because the fundamentals Change.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: rizqillah on September 11, 2024, 08:06:29 PM
Moreover, I have talked about some other traders who really want to earn, besides some other people learn this trading and earn, those traders will sometimes tell their followers about how to earn the basic knowledge of trading and how to do technical analysis.  I'm talking about traders who can be trusted not only to give signals but also to teach trading.
That's very good, however this Initiative makes those who follow the signals be there, because it is a fact that everyone wants to learn, everyone wants to win but each one of us wants to learn to make money without having to follow signals that we do not see sense in, when we learn we already have another criterion, however I have seen that the majority of the signals are for very short time intervals, and that is good, but it is something that we must be clear about , for Example I have read many books on trading, but when they put me to do a very short term trading, well I don't know how to do it, because the fundamentals Change.
Honestly I never believe in the trading signals that are shared because I believe more in my own research and analysis, because investment is related to our money, we should not trust our money to others. Because by learning by ourselves we will have experience and knowledge in trading and investment.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: legend45 on September 11, 2024, 08:59:05 PM
Moreover, I have talked about some other traders who really want to earn, besides some other people learn this trading and earn, those traders will sometimes tell their followers about how to earn the basic knowledge of trading and how to do technical analysis.  I'm talking about traders who can be trusted not only to give signals but also to teach trading.
That's very good, however this Initiative makes those who follow the signals be there, because it is a fact that everyone wants to learn, everyone wants to win but each one of us wants to learn to make money without having to follow signals that we do not see sense in, when we learn we already have another criterion, however I have seen that the majority of the signals are for very short time intervals, and that is good, but it is something that we must be clear about , for Example I have read many books on trading, but when they put me to do a very short term trading, well I don't know how to do it, because the fundamentals Change.
Honestly I never believe in the trading signals that are shared because I believe more in my own research and analysis, because investment is related to our money, we should not trust our money to others. Because by learning by ourselves we will have experience and knowledge in trading and investment.
In the past, I followed the trading signals that were shared, several times I made a profit and then I also experienced a loss, finally I decided to hold long-term with bitcoin and do scalping when the market is rising and I no longer use trading signals because by always monitoring the market we can do trading.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: SamReomo on September 11, 2024, 09:22:42 PM
Lately I have witnessed many people being tricked into fake crypto signals.
There's no such thing as crypto signals, all the people or groups that promote crypto signals are often reward for their approach.

Some of those earn profits from referral programs while others earn profits by selling advertisements of coins/tokens on their channels.

Those people who rely on crypto signals often end up losing money in crypto world and that's why I believe no one can guide such people, and all those guides might be attempts to gain attention only.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: Crypto Library on September 11, 2024, 10:22:27 PM
for Example I have read many books on trading, but when they put me to do a very short term trading, well I don't know how to do it, because the fundamentals Change.
I want to explain that there can be a mentor in trading because when you learn trading by looking at books and experience it in reality, there will be a huge difference and as a result of that difference, you need the knowledge of an experience trader. And since you don't have the experience, you have to go to someone else to get that knowledge and learn some tricks that you don't always get openly.
So if these reasons are to follow any crypto signal group or channel or influencer, then I will say there is nothing wrong with that, but if the intention is only to receive trading signals and earn huge amount of money, then I will call you stupid.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: kulkhan on September 11, 2024, 10:33:52 PM
I don't believe signal. Few months ago I joined a paid signal group. And I get signal from there to trade. That’s signal was for future trading. I paid for one month and start fisher trading following signal. But my experience was very bad. My Fast trade was loss entry. I lost near about 1100 dollar. after 2 days rest again I enter a position. But again market go my against. and I lost my fund.

So from then I don't believe signal. But I Saw some some signal being accurate. I think self analysis is best from any signal.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: vegasus on September 11, 2024, 11:57:07 PM
There have been many discussions related to crypto signal trading actually on various occasions. It's just that there are still many people who are willing to spend money to follow it. I'll tell you my experience when I first entered the VIP trading signal:

Honestly, the entry fee is quite a bit, but at that time I thought it would be worth it because it was for life. Sometimes the signal really works, but not all of them. Because I often lose because I use their trading signals. Maybe because I entered late or because I don't understand the various strategies that are implemented.

because we only get trading signals related to
margin
leverage
coin what
short or long
TP / SL

that's how it is, for those who already understand, it might work because it can be combined with their analysis. But for those who are really new and just following suit, we need to be careful because it can actually make us lose easily.

My suggestion is to learn first about various things about trading before taking a trading signal, because it won't work if we ourselves don't understand trading, analysis methods, and various other considerations.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: bayu7adi on September 12, 2024, 02:19:54 AM
What makes it strange is usually the actual coin price, different from the price specified at the time of the broadcast message.. for example, when the signal is broadcast, the price of ABC coin is $1, but when checking the market, many cases find that the price has changed by 3% to 5%... this greatly affects our profits later, and we also feel doubtful because we think the signal is still valid or is it no longer valid?

For signals that provide a time span, it may provide a slightly better picture... but for signals that only provide a message to buy at a certain price, and its selling target.. that information is really not friendly to novice investors.

There are times when we can follow what the signal provider suggests, because we may not have time to do the analysis.. but my advice is, don't be too dependent on the signal provider... because you will be manipulated if you are too dependent.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: bettercrypto on September 12, 2024, 10:58:29 AM
I have never tried to join such signal groups, though I have read about it several times in the forums. Because for me, joining that is only for those who are too lazy to do trading but want to get a profit from trading.

Especially you don't know the people who trade in a signal group, and most signal groups these days are scammers, although I don't think all signal groups are like that.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: Vx1 on September 12, 2024, 03:16:19 PM
We may trade using this method, but we should not fully trust it. And if we follow crypto signals, make sure they come from a trusted source.
But it would be better if we did our own analysis, with the capital from our trading experience we can definitely do it.
I personally do not use trading signals when trading, I trust my own analysis more.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: nakmantu99 on September 13, 2024, 01:29:48 AM
We may trade using this method, but we should not fully trust it. And if we follow crypto signals, make sure they come from a trusted source.
But it would be better if we did our own analysis, with the capital from our trading experience we can definitely do it.
I personally do not use trading signals when trading, I trust my own analysis more.
to find a reliable source is very difficult, dude. because many share trading signals only to gain profit, you are right, we should do our own analysis and learn to gain knowledge in trading. because trading requires experience. knowledge and of course strategy in deciding whether to do daily or medium term trading.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: Rubel007 on September 13, 2024, 02:38:11 AM
People who trade with signals never get anything worthwhile from the trade. What is noteworthy is that they demand money from the general public with trading signals on various platforms. By a community trades a small price up and collects profits from those traders themselves. Again, if there is no good source, then wrong information is one of the reasons for the trader's loss. So it is more necessary to reduce dependence on others and depend on yourself is better.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: philipma1957 on September 16, 2024, 04:25:57 PM
Here are a few lines from the play guys and dolls:

"I got the horse right here his name is Paul revere and here's a guy that says if the weather's clear. Can do can do."

Basically stock tippers are the same. Filled with bs.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: Asiska02 on September 16, 2024, 08:41:39 PM
People that believe in signals later regret it after losing. If you like to trade, learn how to trade. But learning how to trade also does not guarantee that you are going to make money from trading. Use the money that you can afford to lose to trade. Trading is very risky.

Trading is very risky but it’s better for you to learn yourself and apply that knowledge which you’ve learnt and fail than depending on someone to send you some signals to follow. It is very painful when you pay for something and you don’t get the results. Losing money to trades that you’ve placed yourself is more tolerable than the ones lost to signals. It should just be like you said, if you love to trade, then you should also learn to trade. Trading is risky and only the best and resilience traders make it out.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: LUCKMCFLY on September 16, 2024, 11:19:22 PM

Honestly I never believe in the trading signals that are shared because I believe more in my own research and analysis, because investment is related to our money, we should not trust our money to others. Because by learning by ourselves we will have experience and knowledge in trading and investment.

I think the same, in fact currently I am learning many fundamentals for short-term trading, that is, futures, and also in binary options trading, and I see that there are many things, especially the patterns are repeated a lot and there is enough in that type of trading I see that it is possible to win like that, as I am a trader who does it for the medium or long term, there are things that have hit me or have been difficult for me because they go against what is fulfilled in long time frames, but I consider that one must trust in theory so that it can be applied to reality, at least in a time frame of 1 minute.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: Agbe on September 18, 2024, 07:56:33 PM
Hi everyone,

Lately I have witnessed many people being tricked into fake crypto signals. So, we decided to research and prepare a guide containing information regarding the accuracy of such signals and potential pitfalls to look for.

Raised wondering if anyone of you has good or bad things to share with them?

Here’s what we found: A Simple Tutorial on Crypto Signals  (https://www.coinspotlight.net/crypto-signals-accuracy-guide/) What do you think? Should be believed or it is just another undeveloped trick?

Personally I don't trust crypto signals, I wouldn't call myself an expert trader but from experience so far I don't advise anyone to subscribe to any channel to get crypto signals especially as a newbie, it would do you more good to learn how to place your trades by yourself. Start by getting acquainted with the terms and the market, then after learning the basics then you can find a good mentor to guide you for sometime. It's important to get all this done before diving into the market, even if you decide to use crypto signals have a good understanding of what it is all about first so you don't get lost
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: $crypto$ on September 19, 2024, 03:47:47 PM

Honestly I never believe in the trading signals that are shared because I believe more in my own research and analysis, because investment is related to our money, we should not trust our money to others. Because by learning by ourselves we will have experience and knowledge in trading and investment.

I think the same, in fact currently I am learning many fundamentals for short-term trading, that is, futures, and also in binary options trading, and I see that there are many things, especially the patterns are repeated a lot and there is enough in that type of trading I see that it is possible to win like that, as I am a trader who does it for the medium or long term, there are things that have hit me or have been difficult for me because they go against what is fulfilled in long time frames, but I consider that one must trust in theory so that it can be applied to reality, at least in a time frame of 1 minute.
Believing in our own potential will be much better than having to rely on others. When we experience a loss on our own analysis, we will definitely find out what mistakes were made that made us lose, it will be a very valuable experience for us.

While when we only follow others, we may not know what the mistake is, besides we get a loss we also will not get the lessons or experiences that we should get.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: LUCKMCFLY on September 20, 2024, 05:27:51 PM

I want to explain that there can be a mentor in trading because when you learn trading by looking at books and experience it in reality, there will be a huge difference and as a result of that difference, you need the knowledge of an experience trader. And since you don't have the experience, you have to go to someone else to get that knowledge and learn some tricks that you don't always get openly.
So if these reasons are to follow any crypto signal group or channel or influencer, then I will say there is nothing wrong with that, but if the intention is only to receive trading signals and earn huge amount of money, then I will call you stupid.

That's right, following the signals is not something that can be good, but if the signals come with classes, at least saying how they did to get to those signals with all their balm, that's something else, on the web there are many who do it, in fact I have looked for many and some have their academies, where basically what they teach is technical analysis, but a technical analysis that I have seen that does not consider the volume, and that makes me doubt, as much as it is very pattern-based, the analysis always has to consider the volume.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: Crypto Library on September 20, 2024, 06:59:38 PM
That's right, following the signals is not something that can be good, but if the signals come with classes, at least saying how they did to get to those signals with all their balm, that's something else, on the web there are many who do it, in fact I have looked for many and some have their academies, where basically what they teach is technical analysis, but a technical analysis that I have seen that does not consider the volume, and that makes me doubt, as much as it is very pattern-based, the analysis always has to consider the volume.
Why people will not follow them? To say that each of us is greedy inside small or big and when we see various humorous advertisements on social media of those trading signal providers then a large number of us fall into that trap.
And the rest of us who can control our greed are the ones who live properly. It is not good to be blindly dependent on anything, there are many traders who provide genuine trading signals, I mean even if they provide genuine signals, their signals may still be wrong and lead to losses. So the importance of learning yourself and then trading is immense
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: LogitechMouse on September 20, 2024, 09:56:25 PM
People that believe in signals later regret it after losing. If you like to trade, learn how to trade. But learning how to trade also does not guarantee that you are going to make money from trading. Use the money that you can afford to lose to trade. Trading is very risky.
This is also the reason why I tried to learn trading in the past. Unfortunately, trading really isn't for me hence, I lost 3x. :D

Back when I was a newbie, I also tried to join to these signals on Telegram, and yes they're giving signals, but they're giving it to us after the coin has been pumped already. They want us to further pump the token for them to maximize the profit. They want us to get FOMOed for their sake. After I saw that it will not work on me, I left the group and tried to learn it myself. In general, I'm not saying that these crypto signals are fake, but most of them are either not reliable at all, or they're just milking you, attracting you, but in the end, you will not get the profits that you want.

Like what you said, it would be better to just learn trading by yourself. Learn through your experience and from there, make some adjustments with your strategies. It's hard to learn trading and you need a lot of capital, but it's worth especially if you're making money already. :)
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: satpol_PP on September 20, 2024, 10:43:24 PM
People that believe in signals later regret it after losing. If you like to trade, learn how to trade. But learning how to trade also does not guarantee that you are going to make money from trading. Use the money that you can afford to lose to trade. Trading is very risky.
This is also the reason why I tried to learn trading in the past. Unfortunately, trading really isn't for me hence, I lost 3x. :D

Back when I was a newbie, I also tried to join to these signals on Telegram, and yes they're giving signals, but they're giving it to us after the coin has been pumped already. They want us to further pump the token for them to maximize the profit. They want us to get FOMOed for their sake. After I saw that it will not work on me, I left the group and tried to learn it myself. In general, I'm not saying that these crypto signals are fake, but most of them are either not reliable at all, or they're just milking you, attracting you, but in the end, you will not get the profits that you want.

Like what you said, it would be better to just learn trading by yourself. Learn through your experience and from there, make some adjustments with your strategies. It's hard to learn trading and you need a lot of capital, but it's worth especially if you're making money already. :)
I also have the same experience as you in the past, following signals in the group but not accurate because of FOMO and the token position has been pumped and when we enter it turns out to make us trapped in a high price. This is very disappointing. I believe more in my own research results, do analysis and make predictions and decide on the plan that I will follow.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: Rruchi man on September 20, 2024, 11:06:08 PM
Raised wondering if anyone of you has good or bad things to share with them?
Signal groups, either crypto or forex, cannot be accurate always and for the long term and should not be depended on. Try to learn to be an independent trader that can see opportunities in the market; that is when you will enjoy trading and have more assurance that it is what you will be doing for a while. The people who have these signal groups are more interested in the fees that people in the group pay monthly as subscription fees.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: BitMaxz on September 20, 2024, 11:06:25 PM
This is also the reason why I tried to learn trading in the past. Unfortunately, trading really isn't for me hence, I lost 3x. :D

Back when I was a newbie, I also tried to join to these signals on Telegram, and yes they're giving signals, but they're giving it to us after the coin has been pumped already. They want us to further pump the token for them to maximize the profit. They want us to get FOMOed for their sake. After I saw that it will not work on me, I left the group and tried to learn it myself. In general, I'm not saying that these crypto signals are fake, but most of them are either not reliable at all, or they're just milking you, attracting you, but in the end, you will not get the profits that you want.

Like what you said, it would be better to just learn trading by yourself. Learn through your experience and from there, make some adjustments with your strategies. It's hard to learn trading and you need a lot of capital, but it's worth especially if you're making money already. :)
I have some apps that give signals I attempted to follow one of their signals, it is effective if you have a stop-loss and are not greedy but the majority of the signals generated by the app are less successful than those that can be obtained by applying technical analysis, and the majority of the signals encourage you to hold onto your position even when the profit is negative.

And honestly, we are giving them idea where our position is. As a retail trader, you should be aware of traders or companies that engage in stop-loss/position hunting. If you reveal your stop-loss or position to them, you should expect someone to take you down by manipulating the market, which will cause temporary volatility. If you do not have management risk, you will be liquidated.

So you shouldn't follow signals if you don't want to be one of those who are trapped by these signals, medium or big trading groups/companies always looking for ways to take down retail traders. They are the ones that I think created those signals.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: taufik123 on September 21, 2024, 07:18:25 AM
Raised wondering if anyone of you has good or bad things to share with them?
Signal groups, either crypto or forex, cannot be accurate always and for the long term and should not be depended on. Try to learn to be an independent trader that can see opportunities in the market; that is when you will enjoy trading and have more assurance that it is what you will be doing for a while. The people who have these signal groups are more interested in the fees that people in the group pay monthly as subscription fees.
Such signal groups are only a trap, to trick those who are beginners and buying and selling has been arranged because they are the group manager has bought early to make a profit when some signals are issued.

It used to be a lot of practice of group pump and dump and it is completely banned now, but it still exists because beginners are more interested in signals without any analysis.

Subscription fees are the main income of the group owner, not from trading profits.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: NicNacCoin on September 21, 2024, 08:14:52 AM
Hi everyone,

Lately I have witnessed many people being tricked into fake crypto signals. So, we decided to research and prepare a guide containing information regarding the accuracy of such signals and potential pitfalls to look for.

Raised wondering if anyone of you has good or bad things to share with them?

Here’s what we found: A Simple Tutorial on Crypto Signals  (https://www.coinspotlight.net/crypto-signals-accuracy-guide/) What do you think? Should be believed or it is just another undeveloped trick?
I never trust signals or predictions on cryptocurrency trading platforms. There have been many scam groups where people are fooled by doing some wrong research to cheat and brainwash people. It is always best to do your own research on the trading platform before trading. Where you will be asked to join a group that offers trading signals, they will ask you for money to allow you to be in the group. As a result, you will trust them and give them money, later it will be seen that if you trade with their signal, you will lose in that trading. Maybe two signals will work for you but you will lose the rest of the signals. So it is always better to use your own signals on the trading platform.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: LUCKMCFLY on September 23, 2024, 10:09:39 PM
Believing in our own potential will be much better than having to rely on others. When we experience a loss on our own analysis, we will definitely find out what mistakes were made that made us lose, it will be a very valuable experience for us.

While when we only follow others, we may not know what the mistake is, besides we get a loss we also will not get the lessons or experiences that we should get.

In this case I have applied a lot of what Livermore says in his books, which is to look at the market, analyze it and draw conclusions about what to do, but to do that without looking at the news or anything, only with our own analysis and then after we have what to do, then we can see other analyses and the news, everything that can affect, but already taking into consideration other things, such as previous information, that can influence even our own analysis , our own Judgment, and that is not the idea, because it does affect a lot.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: Captain Corporate on September 23, 2024, 10:40:39 PM
People yearn to be fooled and there are way too many people who just want to be told that there is something that can make them rich because they realize that its not that easy to get rich in any normal way so they are dealing with coping about what the yare seeing right now. I know that working for a salary isn't a way to get richer but at the same time its not going to be signals that will make them richer neither, we should be considering this as something that will not be all that easy just because someone tells you its easy way of making money, its not. This is why we should be considering how terrible it will be for a long time.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: enoch_from_off on September 24, 2024, 11:09:18 AM
Raised wondering if anyone of you has good or bad things to share with them?
Signal groups, either crypto or forex, cannot be accurate always and for the long term and should not be depended on. Try to learn to be an independent trader that can see opportunities in the market; that is when you will enjoy trading and have more assurance that it is what you will be doing for a while. The people who have these signal groups are more interested in the fees that people in the group pay monthly as subscription fees.
Such signal groups are only a trap, to trick those who are beginners and buying and selling has been arranged because they are the group manager has bought early to make a profit when some signals are issued.

It used to be a lot of practice of group pump and dump and it is completely banned now, but it still exists because beginners are more interested in signals without any analysis.

Subscription fees are the main income of the group owner, not from trading profits.

I completely agree.
It's a Ponzi scheme of sorts, because if a person trades well, why would he sell his signals in the first place?
It's tempting to try them out though for newbies especially due to the promise of success and profit.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: $crypto$ on September 25, 2024, 02:59:23 PM
Believing in our own potential will be much better than having to rely on others. When we experience a loss on our own analysis, we will definitely find out what mistakes were made that made us lose, it will be a very valuable experience for us.

While when we only follow others, we may not know what the mistake is, besides we get a loss we also will not get the lessons or experiences that we should get.

In this case I have applied a lot of what Livermore says in his books, which is to look at the market, analyze it and draw conclusions about what to do, but to do that without looking at the news or anything, only with our own analysis and then after we have what to do, then we can see other analyses and the news, everything that can affect, but already taking into consideration other things, such as previous information, that can influence even our own analysis , our own Judgment, and that is not the idea, because it does affect a lot.
Well, in this case, we must do technical and fundamental analysis, as we know that we cannot miss a single thing when analyzing, whether it is from within the market itself or from news that will greatly affect price movements.

Fluctuating price movements are what make us unable to be sure in which direction the price will move, because even when we have analyzed it very well, sometimes there are unexpected movements.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: LUCKMCFLY on September 26, 2024, 06:59:24 PM
Why people will not follow them? To say that each of us is greedy inside small or big and when we see various humorous advertisements on social media of those trading signal providers then a large number of us fall into that trap.
And the rest of us who can control our greed are the ones who live properly. It is not good to be blindly dependent on anything, there are many traders who provide genuine trading signals, I mean even if they provide genuine signals, their signals may still be wrong and lead to losses. So the importance of learning yourself and then trading is immense

Yes, it is a fact that things are like that, we ourselves must learn to discover how to do trading so as not to be with the signals without knowing anything, the signals do not make sense if we do not know how they originate or what their procedure is to follow them, I personally think that when things are about money you have to know how to do things, because when it is governed by an option in particular like the signals it is like crossing a street blindfolded, and that is not the idea, I will always be very faithful to the fact that you must learn and not follow signals.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: satpol_PP on September 26, 2024, 11:08:14 PM
Why people will not follow them? To say that each of us is greedy inside small or big and when we see various humorous advertisements on social media of those trading signal providers then a large number of us fall into that trap.
And the rest of us who can control our greed are the ones who live properly. It is not good to be blindly dependent on anything, there are many traders who provide genuine trading signals, I mean even if they provide genuine signals, their signals may still be wrong and lead to losses. So the importance of learning yourself and then trading is immense

Yes, it is a fact that things are like that, we ourselves must learn to discover how to do trading so as not to be with the signals without knowing anything, the signals do not make sense if we do not know how they originate or what their procedure is to follow them, I personally think that when things are about money you have to know how to do things, because when it is governed by an option in particular like the signals it is like crossing a street blindfolded, and that is not the idea, I will always be very faithful to the fact that you must learn and not follow signals.
Learning from the trading signals that are shared is also good, but we must understand how to analyze the signals and where they can make trading signals. You are right, trading is a matter of money we must be careful with it, because if we are careless we will suffer losses. We must have our own analysis in trading and also learn from the trading signals given by others.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: Sukii on September 28, 2024, 11:37:21 AM
Well in my opinion the crypto market is very large and it comprises of different traders some with more experience than the other but even at that no one can ever be 100 percent correct some of the signals a person gives to you may be correct sometimes and sometimes it may not be
All I can say is if you are to rely on a signals make sure it's from someone you trust very well
And also have it in mind that sometimes he's signals will not be correct not because he's not a good trader but because the crypto market can be so unpredictable sometimes

That aside I would personally advise you to learn how to depend more on yourself and on crypto signals
There's no greater confirmation than the one that comes from you
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: LUCKMCFLY on October 01, 2024, 08:47:36 PM
Fluctuating price movements are what make us unable to be sure in which direction the price will move, because even when we have analyzed it very well, sometimes there are unexpected movements.

You are absolutely right, however when I have done very short term trading, I am talking about 1 minute, there are fundamentals that do work, normally I have noticed that patterns are repeated, routines tend to occur, of course it is not completely 100% reliable, but I think there is a lot to trust in order to have an analysis, the less temporality the more unstable it is to do an analysis, but it helps a lot if you want to have results, that is why sometimes in the long term , or even medium term , it turns out to be very good to do the analysis for a person focused on investment , it has a lot to do with the type of trader you want to be.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: $crypto$ on October 02, 2024, 04:31:30 PM
Fluctuating price movements are what make us unable to be sure in which direction the price will move, because even when we have analyzed it very well, sometimes there are unexpected movements.

You are absolutely right, however when I have done very short term trading, I am talking about 1 minute, there are fundamentals that do work, normally I have noticed that patterns are repeated, routines tend to occur, of course it is not completely 100% reliable, but I think there is a lot to trust in order to have an analysis, the less temporality the more unstable it is to do an analysis, but it helps a lot if you want to have results, that is why sometimes in the long term , or even medium term , it turns out to be very good to do the analysis for a person focused on investment , it has a lot to do with the type of trader you want to be.
Actually, every time frame that we use will definitely create a pattern that shows or becomes a signal that we can enter at certain patterns, but of course it is not easy because we still have to look at other indicators and also the existing fundamentals.

The difficult thing is determining where our point will enter, because it could be a movement that is not the same as our analysis. Once again, the market can change so quickly.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: Publictalk792 on October 02, 2024, 05:48:35 PM
This is also the reason why I tried to learn trading in the past. Unfortunately, trading really isn't for me hence, I lost 3x. :D

Back when I was a newbie, I also tried to join to these signals on Telegram, and yes they're giving signals, but they're giving it to us after the coin has been pumped already. They want us to further pump the token for them to maximize the profit. They want us to get FOMOed for their sake. After I saw that it will not work on me, I left the group and tried to learn it myself. In general, I'm not saying that these crypto signals are fake, but most of them are either not reliable at all, or they're just milking you, attracting you, but in the end, you will not get the profits that you want.

Like what you said, it would be better to just learn trading by yourself. Learn through your experience and from there, make some adjustments with your strategies. It's hard to learn trading and you need a lot of capital, but it's worth especially if you're making money already. :)
I understand what happened to you with trading and crypto signals. Many Telegram groups give fake signals to make money for themselves not for you. You made good choice leaving them and learning trading on your own. Most crypto signals are not trustworthy or just want your money. To succeed in trading you need to learn yourself gain experience and be patient. It is also important to adjust your strategies.
You are right. Learning trading independently is best. Relying on suspicious signals can lead to losses like your three losses.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: satpol_PP on October 04, 2024, 10:18:09 PM
This is also the reason why I tried to learn trading in the past. Unfortunately, trading really isn't for me hence, I lost 3x. :D

Back when I was a newbie, I also tried to join to these signals on Telegram, and yes they're giving signals, but they're giving it to us after the coin has been pumped already. They want us to further pump the token for them to maximize the profit. They want us to get FOMOed for their sake. After I saw that it will not work on me, I left the group and tried to learn it myself. In general, I'm not saying that these crypto signals are fake, but most of them are either not reliable at all, or they're just milking you, attracting you, but in the end, you will not get the profits that you want.

Like what you said, it would be better to just learn trading by yourself. Learn through your experience and from there, make some adjustments with your strategies. It's hard to learn trading and you need a lot of capital, but it's worth especially if you're making money already. :)
I understand what happened to you with trading and crypto signals. Many Telegram groups give fake signals to make money for themselves not for you. You made good choice leaving them and learning trading on your own. Most crypto signals are not trustworthy or just want your money. To succeed in trading you need to learn yourself gain experience and be patient. It is also important to adjust your strategies.
You are right. Learning trading independently is best. Relying on suspicious signals can lead to losses like your three losses.
I agree with both of you because we should have our own analysis and not believe in trading signals shared in groups. If we do our own research and make our own analysis and predictions, we can gain experience and train our skills in making analysis. This is a good thing for a trader to do.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: pieppiep on October 05, 2024, 08:27:49 PM
This is also the reason why I tried to learn trading in the past. Unfortunately, trading really isn't for me hence, I lost 3x. :D

Back when I was a newbie, I also tried to join to these signals on Telegram, and yes they're giving signals, but they're giving it to us after the coin has been pumped already. They want us to further pump the token for them to maximize the profit. They want us to get FOMOed for their sake. After I saw that it will not work on me, I left the group and tried to learn it myself. In general, I'm not saying that these crypto signals are fake, but most of them are either not reliable at all, or they're just milking you, attracting you, but in the end, you will not get the profits that you want.

Like what you said, it would be better to just learn trading by yourself. Learn through your experience and from there, make some adjustments with your strategies. It's hard to learn trading and you need a lot of capital, but it's worth especially if you're making money already. :)
I understand what happened to you with trading and crypto signals. Many Telegram groups give fake signals to make money for themselves not for you. You made good choice leaving them and learning trading on your own. Most crypto signals are not trustworthy or just want your money. To succeed in trading you need to learn yourself gain experience and be patient. It is also important to adjust your strategies.
You are right. Learning trading independently is best. Relying on suspicious signals can lead to losses like your three losses.
I agree with both of you because we should have our own analysis and not believe in trading signals shared in groups. If we do our own research and make our own analysis and predictions, we can gain experience and train our skills in making analysis. This is a good thing for a trader to do.
Indeed, every time a trader carry out the analysis he or she not only gets better understanding of the market but also develops a better capacity to trade confidently from the understanding he or she has gained. This process assists the development of skills for risk assessments, pattern recognition and market responses. In that way, the trader becomes better equipped for the variety of conditions possible out in the market and at the same time, builds up the foundation of being an independent trader with knowledge not given by the institute.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: LUCKMCFLY on October 08, 2024, 03:46:48 PM
Actually, every time frame that we use will definitely create a pattern that shows or becomes a signal that we can enter at certain patterns, but of course it is not easy because we still have to look at other indicators and also the existing fundamentals.
It is very true, with each passing period the foundation changes, but as the analysis is done you can see that the foundation becomes more precise, perhaps because it gives more time to react to any movement, at least I like it better that way, only it takes a long time for the movement to materialize. Of course, if the market goes against you, you can get out and it is easier, but in trading, which is very short term, sometimes there is no time and sometimes the operation is lost, sometimes losses in that type of trading are very normal.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: $crypto$ on October 09, 2024, 02:51:51 PM
Actually, every time frame that we use will definitely create a pattern that shows or becomes a signal that we can enter at certain patterns, but of course it is not easy because we still have to look at other indicators and also the existing fundamentals.
It is very true, with each passing period the foundation changes, but as the analysis is done you can see that the foundation becomes more precise, perhaps because it gives more time to react to any movement, at least I like it better that way, only it takes a long time for the movement to materialize. Of course, if the market goes against you, you can get out and it is easier, but in trading, which is very short term, sometimes there is no time and sometimes the operation is lost, sometimes losses in that type of trading are very normal.
Yes, it is normal when in trading we will find losses and profits, therefore from the beginning we must be prepared for losses when trading. Everyone must be ready for profit, but not everyone is ready for losses.

Now this is something that beginners must prepare for, because usually they will always see the profits only, they forget and don't even care about the risks they will face.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: LUCKMCFLY on October 14, 2024, 08:44:55 PM

Now this is something that beginners must prepare for, because usually they will always see the profits only, they forget and don't even care about the risks they will face.

Well all I can say with my current experience is the following : "insist" not give up , if by chance you burn an account, do not give up, always be learning, if you can lose then you simply have to keep trying, so the technical fundamentals, everything that is said and learned we sometimes apply it wrong , only experience is what Allows us to do things well and learn , but we as human beings sometimes give up on nothin g, so these types of things are what will give us the strength for things and more so in trading, that is what until now seems valuable to me to share.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: JISAN on October 14, 2024, 09:12:42 PM
Actually, every time frame that we use will definitely create a pattern that shows or becomes a signal that we can enter at certain patterns, but of course it is not easy because we still have to look at other indicators and also the existing fundamentals.
It is very true, with each passing period the foundation changes, but as the analysis is done you can see that the foundation becomes more precise, perhaps because it gives more time to react to any movement, at least I like it better that way, only it takes a long time for the movement to materialize. Of course, if the market goes against you, you can get out and it is easier, but in trading, which is very short term, sometimes there is no time and sometimes the operation is lost, sometimes losses in that type of trading are very normal.
Yes, it is normal when in trading we will find losses and profits, therefore from the beginning we must be prepared for losses when trading. Everyone must be ready for profit, but not everyone is ready for losses.

Now this is something that beginners must prepare for, because usually they will always see the profits only, they forget and don't even care about the risks they will face.
New traders take free and paid trading signals from various places to protect their losses, but nowadays trading signals are the most risky.  Because now a lot of scams are being done by promoting trading through social media.  Those who promote them are claiming themselves and promising potential signals.  But basically their purpose is to make users account from their affiliate link because in that case the information bonus will be added to the affiliate account as much as the users lose. Due to which now it is most foolish to follow paid signals or free signals. Always self-analysis and trading is the best plan. Because it will increase your experience due to which even if you lose some at the beginning of trading, you can make good profit later on.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: bayu7adi on October 15, 2024, 08:36:15 AM
Here’s what we found: A Simple Tutorial on Crypto Signals  (https://www.coinspotlight.net/crypto-signals-accuracy-guide/) What do you think? Should be believed or it is just another undeveloped trick?
point number three, very true... timing is everything and until now it still applies if you are still following crypto signals... sometimes late decisions will result in losses in trading, especially futures trading... it is more sensitive

it is highly recommended to always consider crypto signals with our thinking analysis,
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: luckyledger on October 15, 2024, 08:44:54 AM
Here’s what we found: A Simple Tutorial on Crypto Signals  (https://www.coinspotlight.net/crypto-signals-accuracy-guide/) What do you think? Should be believed or it is just another undeveloped trick?
point number three, very true... timing is everything and until now it still applies if you are still following crypto signals... sometimes late decisions will result in losses in trading, especially futures trading... it is more sensitive

it is highly recommended to always consider crypto signals with our thinking analysis,

Yeah, sometimes timings can bring you profit so much so that even analysis wouldn't help you if you didn't enter your position properly (in time, that is).
I do hope that everybody would be sure that they have their slippage high or to trade on the reputable exchanges so that the delay wouldn't be that bad ;D
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: Bobcrypto on October 15, 2024, 10:29:07 AM
Generally speaking, crypto signals are great tool for a good trading experience, however crypto signals, analysis, predictions, forecast does not always come with 100% accuracy, there are certain times the signal providers get it wrong.
Obviously speaking, we all know that the crypto market is difficult to predict, forecast or even get an accurate analysis over times. To get the trust of any crypto signals, you are required to have more than a basic level experience and should not be a newbie.
In a nutshell, I think that crypto signals can be trusted but with an added trading experiences, at least, above a basic level trading knowledge. 
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: luckyledger on October 15, 2024, 11:44:58 AM
Generally speaking, crypto signals are great tool for a good trading experience, however crypto signals, analysis, predictions, forecast does not always come with 100% accuracy, there are certain times the signal providers get it wrong.
Obviously speaking, we all know that the crypto market is difficult to predict, forecast or even get an accurate analysis over times. To get the trust of any crypto signals, you are required to have more than a basic level experience and should not be a newbie.
In a nutshell, I think that crypto signals can be trusted but with an added trading experiences, at least, above a basic level trading knowledge.

I agree. It's wise to acknowledge them if they come from credible sources, however, your decisions should be made from your own knowledge and experience, not from someone saying to you that X would work whereas Y wouldn't.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: MRY on October 16, 2024, 07:22:46 AM
Generally speaking, crypto signals are great tool for a good trading experience, however crypto signals, analysis, predictions, forecast does not always come with 100% accuracy, there are certain times the signal providers get it wrong.
Obviously speaking, we all know that the crypto market is difficult to predict, forecast or even get an accurate analysis over times. To get the trust of any crypto signals, you are required to have more than a basic level experience and should not be a newbie.
In a nutshell, I think that crypto signals can be trusted but with an added trading experiences, at least, above a basic level trading knowledge.
For this reason, the crypto signals help by providing a framework for trading, though they do not dictate the specific outcomes since the operation of the cryptocurrency market is Rather fluid. Hence it is unadvisable to rely on signals without grasping several characteristics of the market. A trader should use signals as one of the tools for the strategy of a particular trade but process his/her information to avoid being nearly forced into making the trade.

Inclinations past the rudimentary level are deemed indispensable when using crypto signals. An appreciation of them will assist you in recognising trends, evaluating a market situation and in knowing when to respond to a signal or otherwise. For the newbie traders it would be wiser to enhance own’s elementary knowledge about signals based on technical/instrumental and fundamental analyses. By having prior experience handling them, you will be in a better position to sift out the authentic signals as well as fine tune you trading plan given the current ever changing market environment.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: Ujok on October 16, 2024, 07:57:14 AM
In my opinion, crypto signals are not necessarily accurate, it's just that you can take a little trust in the signal, but you have to be sure of your own analysis by looking for information or news about the coins you are going to invest in. Sometimes the signals we follow are not always accurate and even far from getting profit and it is better for the signal to be additional information to strengthen our analysis.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: enoch_from_off on October 16, 2024, 08:05:25 AM
In my opinion, crypto signals are not necessarily accurate, it's just that you can take a little trust in the signal, but you have to be sure of your own analysis by looking for information or news about the coins you are going to invest in. Sometimes the signals we follow are not always accurate and even far from getting profit and it is better for the signal to be additional information to strengthen our analysis.

Yeah, I support you there.
You need to do the analysis yourself first and foremost and take signals only as tips, not as a guideline on how to enter the position.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: $crypto$ on October 17, 2024, 05:56:44 AM
Yes, it is normal when in trading we will find losses and profits, therefore from the beginning we must be prepared for losses when trading. Everyone must be ready for profit, but not everyone is ready for losses.

Now this is something that beginners must prepare for, because usually they will always see the profits only, they forget and don't even care about the risks they will face.
New traders take free and paid trading signals from various places to protect their losses, but nowadays trading signals are the most risky.  Because now a lot of scams are being done by promoting trading through social media.  Those who promote them are claiming themselves and promising potential signals.  But basically their purpose is to make users account from their affiliate link because in that case the information bonus will be added to the affiliate account as much as the users lose. Due to which now it is most foolish to follow paid signals or free signals. Always self-analysis and trading is the best plan. Because it will increase your experience due to which even if you lose some at the beginning of trading, you can make good profit later on.
I will not say they are stupid when following a signal, whether it is free or paid, but I will say they are not wise in making decisions. Because no one guarantees profit with the signal used.

There are many signals circulating now, maybe even more than I think. I even think there will be many people out there who dare to give signals just because they have made a profit and have not been in this space for long.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: Hisbullah on October 24, 2024, 02:54:24 PM
Yes, it is normal when in trading we will find losses and profits, therefore from the beginning we must be prepared for losses when trading. Everyone must be ready for profit, but not everyone is ready for losses.

Now this is something that beginners must prepare for, because usually they will always see the profits only, they forget and don't even care about the risks they will face.
New traders take free and paid trading signals from various places to protect their losses, but nowadays trading signals are the most risky.  Because now a lot of scams are being done by promoting trading through social media.  Those who promote them are claiming themselves and promising potential signals.  But basically their purpose is to make users account from their affiliate link because in that case the information bonus will be added to the affiliate account as much as the users lose. Due to which now it is most foolish to follow paid signals or free signals. Always self-analysis and trading is the best plan. Because it will increase your experience due to which even if you lose some at the beginning of trading, you can make good profit later on.
I will not say they are stupid when following a signal, whether it is free or paid, but I will say they are not wise in making decisions. Because no one guarantees profit with the signal used.

There are many signals circulating now, maybe even more than I think. I even think there will be many people out there who dare to give signals just because they have made a profit and have not been in this space for long.
I don't know if there are many trading signals circulating, because I haven't been active in signal groups for a long time and I believe more in my own analysis and strategies.
I never believe in their signals, maybe for more than 5 years I haven't followed groups like that at all because in my past experience I experienced many losses when following groups like that.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: $crypto$ on October 25, 2024, 05:26:59 PM
I will not say they are stupid when following a signal, whether it is free or paid, but I will say they are not wise in making decisions. Because no one guarantees profit with the signal used.

There are many signals circulating now, maybe even more than I think. I even think there will be many people out there who dare to give signals just because they have made a profit and have not been in this space for long.
I don't know if there are many trading signals circulating, because I haven't been active in signal groups for a long time and I believe more in my own analysis and strategies.
I never believe in their signals, maybe for more than 5 years I haven't followed groups like that at all because in my past experience I experienced many losses when following groups like that.
This could probably be included in the category of testimonials from signal users, and this could also be a lesson for others to reconsider their decisions after hearing from other people's experiences.

I know that because I am active on social media and there are so many people offering it. That's what makes me conclude that there are indeed many of them. And they must also see an opportunity because in reality there are still many people who are interested in signals like this.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: nakmantu99 on October 26, 2024, 04:53:56 PM

This could probably be included in the category of testimonials from signal users, and this could also be a lesson for others to reconsider their decisions after hearing from other people's experiences.

I know that because I am active on social media and there are so many people offering it. That's what makes me conclude that there are indeed many of them. And they must also see an opportunity because in reality there are still many people who are interested in signals like this.
I am not a typical trader who likes to follow other people's signals, because I do my own analysis and research. Having my own strategy that is different from others and always practicing and correcting mistakes in order to get more profit than loss.
I see many groups that share signals, but I am not interested in following them.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: rizqillah on October 26, 2024, 05:18:14 PM

This could probably be included in the category of testimonials from signal users, and this could also be a lesson for others to reconsider their decisions after hearing from other people's experiences.

I know that because I am active on social media and there are so many people offering it. That's what makes me conclude that there are indeed many of them. And they must also see an opportunity because in reality there are still many people who are interested in signals like this.
I am not a typical trader who likes to follow other people's signals, because I do my own analysis and research. Having my own strategy that is different from others and always practicing and correcting mistakes in order to get more profit than loss.
I see many groups that share signals, but I am not interested in following them.
At the beginning of my trading learning I followed other people's signals, but I started to learn to do my own analysis and develop strategies by practicing. Finally I started trading by relying on my own analysis not from other people's signals. And I got profit from my own efforts. because not all signals shared are accurate.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: LUCKMCFLY on October 26, 2024, 06:33:20 PM
At the beginning of my trading learning I followed other people's signals, but I started to learn to do my own analysis and develop strategies by practicing. Finally I started trading by relying on my own analysis not from other people's signals. And I got profit from my own efforts. because not all signals shared are accurate.

That's very good, I'm currently trading forex ,  but it's very similar to trading futures in btc, but I want to learn how to do it very well, there are many fundamentals, but the trick to this is that to do a 1 minute operation I have to do an analysis that has taken me around 20 to 30 minutes, sometimes it's worth it, when I get desperate I lose, but I have learned from this that you have to consider many things in this type of trading, the signals and being in the free signals groups were what made me learn how and why they got there, trying to scrutinize something like that is what I have learned more, but I do not make the signals that are there, I only study the way how you can get there.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: $crypto$ on October 27, 2024, 01:24:59 PM

This could probably be included in the category of testimonials from signal users, and this could also be a lesson for others to reconsider their decisions after hearing from other people's experiences.

I know that because I am active on social media and there are so many people offering it. That's what makes me conclude that there are indeed many of them. And they must also see an opportunity because in reality there are still many people who are interested in signals like this.
I am not a typical trader who likes to follow other people's signals, because I do my own analysis and research. Having my own strategy that is different from others and always practicing and correcting mistakes in order to get more profit than loss.
I see many groups that share signals, but I am not interested in following them.
It should be like that, we must have our own strategy to trade without relying on others. In learning, we can learn from others, then we develop it into our own strategy.

Don't depend on others, because when we do that, we will never be independent in trading. The trading we do should be more flexible in terms of time, by relying on others, we have to follow their trading time.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: albon on October 27, 2024, 06:45:16 PM
There are some trading signal scammers who charge fees from trading traders and then disappear. If adventurous they offer free signals and they sometimes mix good and bad trading signals as bait to access premium signal services. Some may only be interested in making affiliate commissions so this type of scam is becoming more and more common. I think you need to understand and know everything about investing or trading as you want to experience crypto. But in some cases there are many people signals are affected by the right line, so follow those professional traders whose signals are more accurate.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: dave_strider on October 27, 2024, 07:19:53 PM
There are some trading signal scammers who charge fees from trading traders and then disappear. If adventurous they offer free signals and they sometimes mix good and bad trading signals as bait to access premium signal services. Some may only be interested in making affiliate commissions so this type of scam is becoming more and more common. I think you need to understand and know everything about investing or trading as you want to experience crypto. But in some cases there are many people signals are affected by the right line, so follow those professional traders whose signals are more accurate.

Usually, that's the case - if these signals are working, why would you sell them in the first place?  ;D
They just do the backup for their positions, and that probably wouldn't work out. And some people are putting too much trust into such groups..
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: Axcel777 on October 29, 2024, 01:28:46 AM
There are some trading signal scammers who charge fees from trading traders and then disappear. If adventurous they offer free signals and they sometimes mix good and bad trading signals as bait to access premium signal services. Some may only be interested in making affiliate commissions so this type of scam is becoming more and more common. I think you need to understand and know everything about investing or trading as you want to experience crypto. But in some cases there are many people signals are affected by the right line, so follow those professional traders whose signals are more accurate.
In any case, real and fake trades are generated in the market, and one has to be careful about scammers who use trading signals as bait to attract people into paying for fees or commissions only to deliver nothing to the users of the information. Some of them provide us with free signals as a trick to bring our attention to paid services despite the fact that the signals provided by such sites are not always accurate. We should make ourselves understand the well aspect of trading so that we do not fall prey of fake signals that may just be looking forward to profiting from one side. Admiral same day live trade records of professional traders can guide or even assist us in making our better trading decisions.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: LUCKMCFLY on October 30, 2024, 01:03:11 AM
Usually, that's the case - if these signals are working, why would you sell them in the first place?  ;D
They just do the backup for their positions, and that probably wouldn't work out. And some people are putting too much trust into such groups..

I sometimes start to think that a person who sells their signals does so because it is their business and they probably don't use them for themselves A person who sells signals should be to help and not look for money. To look for money they only need to operate, and to give signals the most logical thing is to give them for free. It doesn't make sense for them to charge If they charge it's because the person doesn't trust what they do. If that's the case, then for me it's fraud Of course it's not always the case, but that's my logic For me, business models with signals represent that.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: satpol_PP on November 02, 2024, 04:51:21 AM
Usually, that's the case - if these signals are working, why would you sell them in the first place?  ;D
They just do the backup for their positions, and that probably wouldn't work out. And some people are putting too much trust into such groups..

I sometimes start to think that a person who sells their signals does so because it is their business and they probably don't use them for themselves A person who sells signals should be to help and not look for money. To look for money they only need to operate, and to give signals the most logical thing is to give them for free. It doesn't make sense for them to charge If they charge it's because the person doesn't trust what they do. If that's the case, then for me it's fraud Of course it's not always the case, but that's my logic For me, business models with signals represent that.
We often see VIP groups that share signals with payments from their members, actually in my opinion it is illogical because if they are indeed experts in trading they will focus more on trading and looking for profits there rather than looking for income by charging fees from their members. that's in my opinion and there is no guarantee that the signals they share are always correct.
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: bitterguy28 on November 02, 2024, 05:00:38 AM
We often see VIP groups that share signals with payments from their members, actually in my opinion it is illogical because if they are indeed experts in trading they will focus more on trading and looking for profits there rather than looking for income by charging fees from their members. that's in my opinion and there is no guarantee that the signals they share are always correct.
well in my opinion there is nothing wrong in trying to find another source of income people would want to make a profit one way or another some are genuinely interested in teaching people while also making profit but some are genuinely going to scam you so it really just depend on you on how you want to approach vip groups like this do you want to join them or can you just teach yourself?
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: Blaze on November 05, 2024, 04:34:05 PM
Usually, that's the case - if these signals are working, why would you sell them in the first place?  ;D
They just do the backup for their positions, and that probably wouldn't work out. And some people are putting too much trust into such groups..

I sometimes start to think that a person who sells their signals does so because it is their business and they probably don't use them for themselves A person who sells signals should be to help and not look for money. To look for money they only need to operate, and to give signals the most logical thing is to give them for free. It doesn't make sense for them to charge If they charge it's because the person doesn't trust what they do. If that's the case, then for me it's fraud Of course it's not always the case, but that's my logic For me, business models with signals represent that.
We often see VIP groups that share signals with payments from their members, actually in my opinion it is illogical because if they are indeed experts in trading they will focus more on trading and looking for profits there rather than looking for income by charging fees from their members. that's in my opinion and there is no guarantee that the signals they share are always correct.
We can surely wish that each stage of the trade is based on experience and analysis and not some signals that come from third parties who may not be accurate. Such an approach to signals makes them costly, and while that is not a big issue in trading, where you must learn how to make decisions yourself, it becomes a problem.

If someone really knows everything relating to trading then they will likely generate more profit from personally generated analysis reports than from signal subscription.

Do you have never wondered that the owner of the VIP signal has already bought this signal for some cheap price after that making an announcement to the followers and after some time the owner of this group will resell it for some profit. Have you ever had such a thought in your mind?
Title: Re: Crypto Signals How Accurate Are They and Should You Trust Them?
Post by: LUCKMCFLY on November 05, 2024, 08:17:06 PM
We often see VIP groups that share signals with payments from their members, actually in my opinion it is illogical because if they are indeed experts in trading they will focus more on trading and looking for profits there rather than looking for income by charging fees from their members. that's in my opinion and there is no guarantee that the signals they share are always correct.

Well personally I am a person who at one point paid for a subscription because my curiosity was so great that I decided to spend it, I found a platform where they sent signals and it was supposedly 80% effective, but the trick was that if you took the signal and if you didn't win the first time, you would do 2 martingales, and if you didn't win then you would move on to another, but in martingales you spend a lot of money even if it's little, so sometimes the signals were effective, but when I was with the martingales the balance was not the same, sometimes it remained in negative balance and since I started with little money, because he said that with only 10usd one started and it was enough, but in reality no, it was never enough, I did not like the experience.