Relying on Crypto Signals to trade, is it advisable?

[Agbe]

I think trading in crypto market is very risky and unpredictable. So it is important to do your own research and be careful. And relying only on trading signals can be dangerous. Trading signals can be helpful but they are not always right. Even experts can make mistakes and following signals blindly can lead to big losses.

Signals should be used as guide not guarantee. You mentioned Forex trading so getting daily trading signals can be helpful but make sure to research signal provider and understand how they work. If your friend has had success with signal provider still be cautious and do not invest more than you can afford to lose. Always be careful and informed when trading in the crypto market.

Trading signals can be helpful if you understand the market and my reason for saying this is because instead of relying on other People's signals you can just make some adjustments according to your analysis and calculations. Copying trades without understanding the market can come with a lot of losses because you have no idea about the technicalities of the market, signals are meant for you to just compare with your own trade plans. Information is important in crypto trading, giving yourself enough time to learn would make you a more profitable trader

[milewilda]

I think trading in crypto market is very risky and unpredictable. So it is important to do your own research and be careful. And relying only on trading signals can be dangerous. Trading signals can be helpful but they are not always right. Even experts can make mistakes and following signals blindly can lead to big losses.

Signals should be used as guide not guarantee. You mentioned Forex trading so getting daily trading signals can be helpful but make sure to research signal provider and understand how they work. If your friend has had success with signal provider still be cautious and do not invest more than you can afford to lose. Always be careful and informed when trading in the crypto market.

Trading signals can be helpful if you understand the market and my reason for saying this is because instead of relying on other People's signals you can just make some adjustments according to your analysis and calculations. Copying trades without understanding the market can come with a lot of losses because you have no idea about the technicalities of the market, signals are meant for you to just compare with your own trade plans. Information is important in crypto trading, giving yourself enough time to learn would make you a more profitable trader

Not all informations shared on the internet are utterly giberrish or something useless on which there would really be those informations are really that worth to look on or consider out on adding up into your own analysis too. It all matters on how well you do able to understand and able to applied it out into your own trades on which it will really be that understandable
that it will really be not giving out guarantees about profitable trades but at least you have done something well which you do apply out various analysis it neither belongs to you solely or came from other soures which it doesnt matter though as long it would be able to benefit you out.

[rizqillah]

Not all informations shared on the internet are utterly giberrish or something useless on which there would really be those informations are really that worth to look on or consider out on adding up into your own analysis too. It all matters on how well you do able to understand and able to applied it out into your own trades on which it will really be that understandable
that it will really be not giving out guarantees about profitable trades but at least you have done something well which you do apply out various analysis it neither belongs to you solely or came from other soures which it doesnt matter though as long it would be able to benefit you out.

I see that not all the information we read is true, we must find out about the truth, let alone trading signals that are shared, we must make our own analysis and try to compare it with the trading signal. And actually always believe in his own analysis. So that we can have the knowledge and experience that will later be matched in the future.

[Vx1]

We can use crypto signals in trading, but we should not use one hundred percent of the information provided. And it would be better if before we make a choice, we do our own analysis. Because I agree that not all crypto signals from a channel or group provide accurate information. Stay careful with our money, because no one will care if we lose it.

[ajiz138]

We can use crypto signals in trading, but we should not use one hundred percent of the information provided. And it would be better if before we make a choice, we do our own analysis. Because I agree that not all crypto signals from a channel or group provide accurate information. Stay careful with our money, because no one will care if we lose it.

We can use the signal as a basis for comparison or in other words we can re-analyze whether the signal we see will be in line with the analysis we do. Do not swallow any signal raw, it is not bad but it is better for us to base it on our own analysis.

Many people get caught up in following the signal too much, because there is no guarantee that the signal given is the result of analysis or they just guess it.

[Sukii]

Well in my opinion I'm totally not against you relying on Crypto signals to trade it makes things easier in some way but I won't advice you to rely solely on them it is also very good to have your own knowledge about the current market and where you think it will go
There my be some scenarios where after your analysis you arr expecting a bearish trend but the signals you got said bullish
And you are so sure that it's bearish in such scenarios I say avoid the trade
Although you may be a skilled trader but they might be some things that you may have missed that that person saw and some things that you saw and that person missed
Well I hope this helps
This is my opinion though I'm always open for correction

[satpol_PP]

You know, op, it's your choice if you want to rely on the signal that other traders will tell you. Now,  if you prefer forex trading, it's better to ask the forex traders themselves, because most communities here relay on crypto trading and not on forex trading.

Also, it is not good that we rely on the signals of other traders to make money from trading, because we ourselves are the ones who get the profit because we have an idea or knowledge of conducting trading activity and we are confident in what we are doing in crypto trading like this. .

Well I don't think there's much difference between forex trading and crypto trading for me, they don't have much difference the only difference is crypto is more volatile than forex and you can get a faster results on crypto compared to forex.

Following a signal from someone else is not advisable sometimes it works based on their own perspective but I always recommend that you have your own analysis to make sure you are in a good position that is why you need to learn the basic thing to analyze the market without the basic you are likely betting to a position that you don't know the probability if you can win the trade or not.

All types of trading, both forex and crypto, we must have our own analysis. We can follow the signals given by others as a comparison with our analysis because we do not know the intentions and abilities of the person. Trading in crypto is more volatile than forex, so the possibility of getting profit in crypto is greater than forex.

[Vx1]

We can use crypto signals in trading, but we should not use one hundred percent of the information provided. And it would be better if before we make a choice, we do our own analysis. Because I agree that not all crypto signals from a channel or group provide accurate information. Stay careful with our money, because no one will care if we lose it.

We can use the signal as a basis for comparison or in other words we can re-analyze whether the signal we see will be in line with the analysis we do. Do not swallow any signal raw, it is not bad but it is better for us to base it on our own analysis.

Many people get caught up in following the signal too much, because there is no guarantee that the signal given is the result of analysis or they just guess it.

That's what I mean, don't rely one hundred percent on crypto signals to trade. And it would be better if we also learn to do analysis, starting from the easy ones first. We can learn it from our trading experience, or also tutorials that we can currently easily get from social media for example. What is certain is that we should not rely entirely on crypto trading signals, still do independent analysis.

[Mr. Magkaisa]

I think trading in crypto market is very risky and unpredictable. So it is important to do your own research and be careful. And relying only on trading signals can be dangerous. Trading signals can be helpful but they are not always right. Even experts can make mistakes and following signals blindly can lead to big losses.

Signals should be used as guide not guarantee. You mentioned Forex trading so getting daily trading signals can be helpful but make sure to research signal provider and understand how they work. If your friend has had success with signal provider still be cautious and do not invest more than you can afford to lose. Always be careful and informed when trading in the crypto market.

Trading signals can be helpful if you understand the market and my reason for saying this is because instead of relying on other People's signals you can just make some adjustments according to your analysis and calculations. Copying trades without understanding the market can come with a lot of losses because you have no idea about the technicalities of the market, signals are meant for you to just compare with your own trade plans. Information is important in crypto trading, giving yourself enough time to learn would make you a more profitable trader

        -      What you said is good, @Agbe, and I also agree that the wise beat the ignorant, because if our knowledge of trading is broad and deep, it is certain that in the end the trading activity we will do will be profitable, which is not that we will need to join or join trading signal groups.

Joining trading signal groups depends on whether you know or trust them, but if you just saw them or someone said something, it's a bit risky because you'll be giving money or funds to a group that you don't really know.

[Geey]

relying on crypto signals is also needed in trading, it's just that if we rely on signals alone, I think it's very lacking, my suggestion is to add more knowledge in trading by looking for information or news about crypto or the market so that we have more knowledge. the decrease or increase in the price of coins is mostly caused by bad news about crypto and a small part of it from people who control the market, therefore we need more information if necessary we must provide input to each other in trading.

[ajiz138]

We can use the signal as a basis for comparison or in other words we can re-analyze whether the signal we see will be in line with the analysis we do. Do not swallow any signal raw, it is not bad but it is better for us to base it on our own analysis.

Many people get caught up in following the signal too much, because there is no guarantee that the signal given is the result of analysis or they just guess it.

That's what I mean, don't rely one hundred percent on crypto signals to trade. And it would be better if we also learn to do analysis, starting from the easy ones first. We can learn it from our trading experience, or also tutorials that we can currently easily get from social media for example. What is certain is that we should not rely entirely on crypto trading signals, still do independent analysis.

Now it is very easy to learn independently, as long as we want, there are actually many things we can find on various platforms. However, we also have to be smart in choosing content creators, for example, if we want to learn from them.

There is no reason in this era to say that everything is very difficult, because in the digital era like now it is very easy to find the latest information as our source for learning.

[dekafee79]

We can use the signal as a basis for comparison or in other words we can re-analyze whether the signal we see will be in line with the analysis we do. Do not swallow any signal raw, it is not bad but it is better for us to base it on our own analysis.

Many people get caught up in following the signal too much, because there is no guarantee that the signal given is the result of analysis or they just guess it.

That's what I mean, don't rely one hundred percent on crypto signals to trade. And it would be better if we also learn to do analysis, starting from the easy ones first. We can learn it from our trading experience, or also tutorials that we can currently easily get from social media for example. What is certain is that we should not rely entirely on crypto trading signals, still do independent analysis.

Now it is very easy to learn independently, as long as we want, there are actually many things we can find on various platforms. However, we also have to be smart in choosing content creators, for example, if we want to learn from them.

There is no reason in this era to say that everything is very difficult, because in the digital era like now it is very easy to find the latest information as our source for learning.

agreed independent learning is currently very easy we can watch youtube or search for other guide information. We can learn and start practicing with it. I agree with what you said because I also did that, at the beginning I learned about crypto without a mentor and was only active in the forum reading every member's comments and getting knowledge there.

[pieppiep]

We can use the signal as a basis for comparison or in other words we can re-analyze whether the signal we see will be in line with the analysis we do. Do not swallow any signal raw, it is not bad but it is better for us to base it on our own analysis.

Many people get caught up in following the signal too much, because there is no guarantee that the signal given is the result of analysis or they just guess it.

That's what I mean, don't rely one hundred percent on crypto signals to trade. And it would be better if we also learn to do analysis, starting from the easy ones first. We can learn it from our trading experience, or also tutorials that we can currently easily get from social media for example. What is certain is that we should not rely entirely on crypto trading signals, still do independent analysis.

Now it is very easy to learn independently, as long as we want, there are actually many things we can find on various platforms. However, we also have to be smart in choosing content creators, for example, if we want to learn from them.

There is no reason in this era to say that everything is very difficult, because in the digital era like now it is very easy to find the latest information as our source for learning.

agreed independent learning is currently very easy we can watch youtube or search for other guide information. We can learn and start practicing with it. I agree with what you said because I also did that, at the beginning I learned about crypto without a mentor and was only active in the forum reading every member's comments and getting knowledge there.

Well, owing to the above aspects of technology, it has become easier for many people to learn on their own. From video tutorials, articles or random discussions we can gain knowledge at our own time and own understanding. This is a great chance for everybody who wants to understand the topic of crypto and especially airdrop, without preconditions and without having to listen to one’s mentors or attend special courses. That is because with the huge number of guides, which are available for free, we can immediately put our knowledge into practice.

Also by going through comments or even debating on forums we could learn quite a lot from other people’s experience, and sometimes even come across new techniques that could be used in achieving our goals that we wouldn’t necessarily be able to come up with on our own. It is nice to still find forums like this were people can share their experience and learn more about it further. In the end it does take commitment and a desire to keep on learning to because the outcome is, I have realised, in proportion to the efforts we put in.

[ajiz138]

Now it is very easy to learn independently, as long as we want, there are actually many things we can find on various platforms. However, we also have to be smart in choosing content creators, for example, if we want to learn from them.

There is no reason in this era to say that everything is very difficult, because in the digital era like now it is very easy to find the latest information as our source for learning.

agreed independent learning is currently very easy we can watch youtube or search for other guide information. We can learn and start practicing with it. I agree with what you said because I also did that, at the beginning I learned about crypto without a mentor and was only active in the forum reading every member's comments and getting knowledge there.

It will be easier if we are active in a forum like this, because we can ask more things and there will be those who answer them even from different perspectives and delivery methods.

Many beginners can finally understand a lot through a forum like this, especially since this forum is open. Even without asking, we can learn a lot, as long as we are willing to dive into the forum, because there are so many discussions that are actually repetitive, it's just that it drowns out because of new discussions.

[legend45]

It will be easier if we are active in a forum like this, because we can ask more things and there will be those who answer them even from different perspectives and delivery methods.

Many beginners can finally understand a lot through a forum like this, especially since this forum is open. Even without asking, we can learn a lot, as long as we are willing to dive into the forum, because there are so many discussions that are actually repetitive, it's just that it drowns out because of new discussions.

I learned more about crypto on the forum because the discussion is more complete and detailed, your suggestion is good if newbies are confused, it is better to ask on the forum because senior members will help to provide answers.