What are your thoughts regarding trading signals? What do you guys think is the best crypto signals group on telegram?
from my experience, there is no 100% signal group that is able to provide precise and accurate information
if you don't believe it then you can follow many telegram signal groups and most of them just imitate each other
it's better to try to analyze yourself, even though it is quite difficult and requires accuracy but it will build your mental and analytical skills
The result will always pays off if you do it on your own without relying on someone who you don't know especially behind in the internet. And I agree that most of them are just a bunch of copycat signals who just wants a large group of people joining to look like legit but they aren't giving you a free profit but instead they're the ones who will take the profit.
If I were you OP I would avoid joining on those kind of group, most of them are just a bunch of scammers. Just do your own research if you want to trade and practice while you can and stop finding those kind of group they either want you to pay them before you join but won't give you a long time help to get some profit. Remember, it's always dangerous when it's free.
Nothing beats out on making your own analysis rather than on being too relying on others calls or signals and what makes it worst that there are people who do really willing to pay up just to acquire those information which they could actually make their own.ITs not bad to look at on others analysis but it isnt really worth to pay up something which you could really make your own.
Dont rely with these groups but doesnt mean that you wont be touching them.Make them as preference and snip out some idea and other aspects
which you do saw that it could be helpful towards your trades.
if they want to test how these trading signal groups are doing, they can always subscribe to free trading signal groups first and see for themselves how they are providing the supposedly advanced "tips".but it has been known here that these groups are trash and not worth to subscribe to.
some noobs are trying to join these paid signal groups for the hope that they can easily get their way to getting profits. but later on, they will realise that they will be screwed by the owners of these groups as they slowly lose their funds instead of earning profits.
it is up to them if they will resort to joining this kind of group, because in that manner, they will learn their own lessons and realise that it is better to do your own analysis rather than rely on someone else's bogus strategy