The Dark Side Of Crypto Trading Signals: 90% Are Fake

CANVA

Take Control of Your Trades

With the growing of #Cryptocurrency there are other frauds that are witnessed. You have seen in different social media websites about the people who give signals for trading. I does not mean that all of them are fraud but I must say that around 90% of them are just here for the sake of their profits. They dont care you and me rather they are concerned about earning themselves.

Whether it is #binance, Whether it is #Hive, #Whatsapp #Youtube #Facebook #Twitter or any other social media platform they have one aim and that is to earn from you. They will have two benefits by making group that announces Crypto trading signals. One benefits that they will earn from your fees that you give and the other that give signal.

When they give signal I and you start buying blindly because they group consists of more people, therefore the price will go up for just seconds and in this time they sell what they have bought. When it comes to you to sell the price goes down back leading you with loss.

This is the trick they play with us. They give you signal but is only profitable for themselves. They have also a group of ten to twenty people who are their persons. They also get benefit of this trade because they know about the signal in advance and confirm their position before we buy. Also after the trade because all of us are in loss this group of twenty people start giving fake positive review that I have booked X.Y.Z percentage profit.

This is somehow not in benefit of us except few of us which we luckily book profit. Therefore, avoid these signals and groups rather try to learn yourselves.

Don't rely on anyone regarding crypto trading because they are not permanent to give you signals. If you will learn yourselves you will surely make your career and will start earning without looking help from others. These signals are just brought to fool us and take our money.

Let suppose any group which is loyal and give true signal then still dont rely on them. They are here for few months or years after that they might stop giving signal then what will you do after that. So, its better to learn trading tips, chart analysis and get enough information about trading to make your trades. These are the main points which I thought is must to share with you guys.

THANK YOU!

Posted Using LeoFinance Alpha