I have good knowledge with crypto future
I get signals from groups on telegram
But i got idea to make profit daily
I choose some coins potential raise and open long positions on them and hold
For day until i get profit.. Is this good idea or let me know if there better idea
I don't think this is effective when you are fully relying on someone's signal. What if they don't provide any more or they will start becoming unprofitable?
I highly suggest you also learn even if you are relying on them, just learn because you will adapt it, and will be helpful in your trading.
True, not all signals are meant to give profit, not all analysis will guarantee you a profit, and it is wrong to only rely on others signals without knowing why they came up with that analysis or pattern. The thing is, yes, you could earn in trading using day trade, but of course, don't expect that you will earn always because there is no 100% in trading. If you are really good at trading and have a lot of experience, you could make a profit daily, but based on your experience, you are only relying on the group signals. What if what they gave you is meant to lose you a lot of money? Will you blame them? I do not discriminate against your group and their signals; it is just that you should not be too reliant on their signals alone; you should know how to come up with an analysis by yourself.