Crypto signals groups on Telegram

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Crypto signals groups on Telegram

Why are those groups so infamous? What’s wrong with them? I find it pretty great when for free i get a notification when it may be a great time to buy or sell, for example price breaks out of a channel, so i do my analysis to confirm and i might open a trade. What’s exactly wrong with that?

Luwis K Answered question January 6, 2025
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Typically they’re not “signals” they’re random people telling you to buy low caps they already own. it can still workout but the incentives are to help themselves, last guy gets to hold the bag.

Luwis K Answered question January 6, 2025
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Really easy to get trapped on trades with groups like that, crypto is not like forex. Be careful or you could become someone’s exit liquidity

Isuru MS Answered question January 6, 2025
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