Hello guys,
I am a bit new to crypto currency in the trading word, i wanted to see if anyone had a trading call inner circle that is legit ? I know there is a few out there but not sure who to trust.
Much appreciation in advance !
I know that it is attractive to think that you can earn money on the markets by just receiving signals and avoid doing the hard work of learning by yourself but things do not work like that, if you use a little bit of logic you will see that unless you are friends with a successful trader then most likely you are not going to have any chance of finding someone that will do that for you as knowing when and what to trade is information that is too valuable to give away for free.
these pumpndump groups are like cancer in crypto community! you know why? because they are taking advantage of these unsuspecting users that will follow their signals. thats right! the owners are the only ones making profit out of this.
i tried joining pnd groups before just to see how they are strategising their announcement to their followers. and came to learn that they will give you the signal a bit late so what will happen is - you are buying the peak (which more then likely are the owners' sell order) and now the price starts to go down and you are in a situation where you are confused - whether to sell off or hodl. this is the reason why some followers ended up hodling worthless coins.
so to the OP, be wise! better do your own trading and not join these crap pnd groups.
The worst part is that some pumps get so big that despite the owners of the pump and dump group selling their coins the price keeps going up and this gives the impression to some people that do not understand how this works that this is a legitimate way to trade as many people still got profits out of this and that they only need to be fast enough, when the truth is that even the organizers of the pump and ump were surprised by turn of events but this plays to their advantage as the ones that earned money from them will vouch for them and will join them the next time they do this guaranteeing another round of profits for them in the future.