Post
Topic
Board Trading Discussion
Re: The End of Crypto Signal Groups
by
LeGaulois
on 19/09/2019, 15:59:30 UTC
I found out that in a telegram, many crypto signal groups available but we don't know which groups could give the right signal.

The reality is that these "many" groups aren't that many at all, but just the same entities cycling through groups because their signals could be profitable one day, and completely unprofitable the other day. People leave the unprofitable groups to go with the profitable ones, but they are operated by the same people, so they aren't losing out at all.

I'm not really against signal groups because they aren't doing anything shady as long as they don't promise you guaranteed profits. It's up to the people themselves to make the decision to actually pay for their services or not. I just wish people made a rational decision based on the little understanding that they have of this market, and not just blindly hand them over money in the hope that it yields a monetary gain.

2 years back I introduced Bitcoin to a ~50 years old lady and also sold her some bitcoins to start with (4 digit numbers). In the earlier days, she was truly using bitcoin as a payment mean...
.. Until she discovers those shit groups on Telegram and despite I warned her she continued.

Guess the next: with the time, she lost almost everything by buying some random shitcoins, pumped by stupid channels on TL and dumped the next day