Quote from: SquallLeonhart on July 15, 2021, 08:42:45 PM

Quote from: Maslate on July 15, 2021, 12:07:35 PM

some people just joined the signal groups because they think that this is the answer to their call to make rich. But unfortunately, they don't notice that these people are milking them from their hard work money. Because the reality is that these signal groups have to do nothing with us, they make their own analysis which we can make it as well.
But I could say that trading is like gambling and the result it is either we gain profit or just lose.

That is the problem in crypto, there are thousands upon thousands of people in the crypto world that end up with making decisions based on what other people say, and that is why we are so easily manipulated. I mean think about it, crypto is not something that is individually done, there are twitter influencers, there are news from nations like china banning miners, there are rich people like Elon Musk there are so many things, on top of that people believe that there is this "secret" way to make money in crypto and some people sell that information, and they get scammed.

This is why I believe we will never see a valid individualism in crypto, people just like to move based on what others say so that if they end up winning money it will them who got it right to follow that person, and if they get it wrong then the other person is at fault, that is how they react.

I think that the signals will be at their peak if BTC is in a bullish trend, otherwise I think it is more difficult, because the way I see it, those who most look for signals are people who do not want to make a lot of effort analyzing the market but betting directly to the signals.