Signal groups are just created to scam a lot of gullible People but a lot of people still don't want to believe this because they see fake testimonies online. People who give out these signals might not even be experts, and they might not even take out enough time to properly analyze their trades. Some beginners are just too lazy to learn it for themselves they keep relying on these signals and this is why after trading for more than a year they have nothing positive to show for.
While this is true, there are some who already know that these signal groups are made to scam people, but they're just curious on what's inside and they want to experience to be in that group that's why they're still joining.I tried to join one back in 2018 and I paid 5$ for it. I received signals, but by the time I receive it, the coin already pumped which just shows that there are some "tiers" on it where if you paid for the maximum amount, you would receive the signal the same time they will pump the coin. Another red flag on these signal groups is that they are only giving coins that have a low trading volume so that if they need to pump it, it will only need them a few thousand dollars in order to make some profit. We know that the lower the trading volume, the easier it is to manipulate.
I just want to say that learning trading takes forever because if we want to be successful, we need to learn every single day. Being profitable for most of the traders takes years before they become one. If you have the patience, and the capital of course, you can become one of them. Let's remember that 10% of the traders are making money which for me is a huge number.
