Crypto Signals How Accurate Are They and Should You Trust Them?

[Crypto Library]

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.

[kulkhan]

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.

[vegasus]

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.

[bayu7adi]

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.

[bettercrypto]

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.

[Vx1]

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.

[nakmantu99]

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.

[Rubel007]

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.

[philipma1957]

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.

[Asiska02]

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.

[LUCKMCFLY]

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.

[Agbe]

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 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

[$crypto$]

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.

[LUCKMCFLY]

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.

[Crypto Library]

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