Hi All,
I am a long-time advocate of cryptocurrency (mined my first bitcoins back in 2010!) but I have only ever worked/developed websites for customers for crypto and never traded. so I am a complete beginner when it comes to trading for profit but I would love to try my hand at it.
So recently (about a month) a friend introduced me to telegram Crypto Trade Signal Groups and said a few made him a ton of money (although I have never seen that proof). So I sign up for the VIP package of these signal groups. sets me back about $100 altogether and then I subscribe to the suggested Cornix bot which automatically trades on the signals these channels send. This was quite promising for me and I felt quite excited. Now a month has gone by... my portfolio has had a 2% increase and I'm now being asked to re-subscribe to Cornix and the signal groups.
So my question is really, Are they ever actually worth it? has anyone ever made much profit from these "premium" signals other than the people that run them? or could it be how I have the Cornix bot set up?
I have followed some guides but I wonder whether I should try and commit the time to learn to trade manually without the use of Bots? It's just a nice idea to have passive income while I am at work and asleep.
Appreciate any response and always happy to receive any educational material you think would be useful for me.
edit: money <> crypto
Well, as you obviously have learnt through your subscription to that premium signal group, I'm sure you now know that it's not worth it.
I believe that people who look for trading signals are only looking for a way to make quick money since they don't want to go through the rigors of having to learn how to trade.
The best way to actually get the most of trading is to learn how to trade by yourself. If not, you'd only be spending money on subscribing to signals only to get little returns at the end of the day.