Quote from: RealMalatesta on January 31, 2020, 04:41:52 PM

Quote from: jcpone on January 29, 2020, 04:14:41 PM

Quote from: crabby on September 18, 2019, 12:00:26 AM

Hi Everyone!

I just published an article about how it will soon be the end of crypto signal groups. Check it out and let me know what you think!

https://blog.shrimpy.io/blog/the-end-of-crypto-signal-groups

Thanks

Well, that's good if ever it is true. They are not good actually for me, sometimes they just deceived others here in the forum
to make believe to their analysis and announcement anyway. I am so happy if they get terminated in the future now in
cryptocurrency business.

What I experienced is that most of such signal groups might give signals when they personally have experienced a pump or dump. Even most of these groups might be manipulating the price of some small volume coins by creating false pump and than they might swing their members from their groups to place buy orders after the pump is already been performed just to create demand and buy orders for them to sell instantly.

Minor cases happen when the coins pump again giving profits but majority of times, people end up buying lower volume coins at the peak which would hardly be reached again which would indeed leave them with loss only.

This had been always the modus of these groups where they do try to lure in people for their own benefits.Its either on having that gradual increasing phase or giving out some initial small pump
to look it more legit than a manipulative one.

Ive put in into this situation where i do able to join one of these pump and dump groups but if you do have already the experience eyes then you will surely spot them out on first glimpse.
For noobs you will surely consider on putting money yet we do just accept that our first trading steps does really have that kind of greedy feeling.