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Author Topic: Crypto Signals How Accurate Are They and Should You Trust Them?  (Read 5028 times)

Offline Publictalk792

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Re: Crypto Signals How Accurate Are They and Should You Trust Them?
« Reply #60 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.
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Re: Crypto Signals How Accurate Are They and Should You Trust Them?
« Reply #60 on: October 02, 2024, 05:48:35 PM »

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Offline satpol_PP

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Re: Crypto Signals How Accurate Are They and Should You Trust Them?
« Reply #61 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.

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Re: Crypto Signals How Accurate Are They and Should You Trust Them?
« Reply #61 on: October 04, 2024, 10:18:09 PM »

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Offline pieppiep

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Re: Crypto Signals How Accurate Are They and Should You Trust Them?
« Reply #62 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.

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Re: Crypto Signals How Accurate Are They and Should You Trust Them?
« Reply #63 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.
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Offline $crypto$

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Re: Crypto Signals How Accurate Are They and Should You Trust Them?
« Reply #64 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.

Offline LUCKMCFLY

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Re: Crypto Signals How Accurate Are They and Should You Trust Them?
« Reply #65 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.
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Re: Crypto Signals How Accurate Are They and Should You Trust Them?
« Reply #66 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.
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Re: Crypto Signals How Accurate Are They and Should You Trust Them?
« Reply #66 on: October 14, 2024, 09:12:42 PM »


Offline bayu7adi

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Re: Crypto Signals How Accurate Are They and Should You Trust Them?
« Reply #67 on: October 15, 2024, 08:36:15 AM »
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?
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,

Offline luckyledger

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Re: Crypto Signals How Accurate Are They and Should You Trust Them?
« Reply #68 on: October 15, 2024, 08:44:54 AM »
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?
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

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Re: Crypto Signals How Accurate Are They and Should You Trust Them?
« Reply #69 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. 

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Re: Crypto Signals How Accurate Are They and Should You Trust Them?
« Reply #70 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.

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Re: Crypto Signals How Accurate Are They and Should You Trust Them?
« Reply #71 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.
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Re: Crypto Signals How Accurate Are They and Should You Trust Them?
« Reply #72 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.

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Re: Crypto Signals How Accurate Are They and Should You Trust Them?
« Reply #73 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.

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Re: Crypto Signals How Accurate Are They and Should You Trust Them?
« Reply #74 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.

 

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