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Crypto Signals for Altcoins – What to consider – What to choose. Infos, Reviews, Results & Discounts (Version 4.8.0- last update 02/06/19)
The Best Altcoin Crypto Signals Providers
|Best Providers||Average Accuracy|
|2. Crypto Addicts||77.18%|
|3. Fat Pig Signals||72%|
|4. Verified Crypto Traders||68.41%|
If you don’t know how to trade, but still do day trading, you will likely see yourself losing your hard-earned Bitcoins. Day trading crypto is not meant as a gamble, so you should not use it like one. In the search for guidance many new traders end up in several telegram channels – and it worsens their situation way too often. We selected a small group of providers for cryptocurrency trading signals and put them to the test – in the most unstable times! Let’s see how they did.
Table of Contents:
- What do we want to trade today?
- Crypto Signal Reviews: Hand-selected and stress-tested Groups
(ranked by long-term consistency success)
- InfoCrypto (Altcoin & Bitmex Signals/Bitcoin Analysis) – PROVIDER OF THE MONTH 2x in a row
- CryptoAddicts (Signals & Analysis/Trading Bot/AI Trading Bot/Dashboard/Airdrops/Magazine/Hedgefund)
- Fat Pigs (Altcoin Signals/Bitcoin Analysis/Portfolio Analysis
- Verified Crypto Traders (Signals + Education/Crypto Webinars/Live Trading/ICO Pool and Course Portal)
- Crypto Medics (Altcoin Signals/Bitmex Signals/Bots/Educational Live Streams/Crypto Magazine/Portfolio Analysis/Bitcoin Analysis)
- Finding the Right Signal Provider (Criteria Bot)
- Bonus: Free Channels
- Comparison Matrix
- Things to consider when using these groups
When we first published this post in Autumn ’17, cryptocurrency trading was quite a bit different. Things are moving and evolving and so are we. This post gets very much attention and is hopefully help for searching people – it shall be a guide on not to step into a shit pile, but to start out with the right cryptocurrency signals group by our side. As this post became so popular, we feel that we are responsible for monitoring all these groups to make sure the quality remains and provide value to you guys. We will add a new group from time to time, and we might remove groups for several reasons. We are constantly updating a history record at the bottom of the list. Please be assured, we take this post and our responsibility seriously and maintain it actively – we want to guide you to avoid the common pitfalls and present you only the best crypto trading signals with these providers. Please note that these offer mostly Bitcoin trading signals, so you are going to trade altcoins against Bitcoin and not USD. All listed groups are focused on Altcoin trading signals. We have often been asked about the cryptoping bot or cryptoping app for automation, though we never used their service and some of the listed channels are known for Pump and Dump – this post shall remain about the best crypto signals telegram group (s) alone. Also, we got some requests if there is any special cryptocurrency trading software one might need. You can use the charts by Tradingview (which provide live cryptocurrency signals as well, but only algorithmic ones, that lack of human eye/brain confirmation) if the charts by your exchange suck, but I don’t think you need any more than that. Also, there is some crypto-signal GitHub; we might have a look into later on. Sadly, we did not find any crypto signals app in our research, which we would vouch for. We collected here a very small hand-picked selection of the best cryptocurrency signals available – these groups are our diamonds in the rough, as a sea of low-quality providers surrounds them. Crypto Signals Telegram – a tough topic where you should remain skeptical. However, you always should do your own research. Safe trading!
What do we want to trade today?
Altcoin Signals Telegram: First off, you want to decide if this post is for you. There are different ways to trade:
a) you can purchase crypto currency coins or tokens for the long run, just buy and hold them for a broader timeframe. This is more an investment than trading. You will find crypto signal groups in this post that will offer this additional, but mostly this post is about day trading tokens/coins.
b) you can trade cryptocurrency coins or tokens for short to medium terms, which means you buy undervalued or outbreaking assets, hold them until a projected target price has been hit and sell them against Bitcoin, USD or Tether. This post is about precisely such groups, which analyze the Bitcoin and Altcoin markets and provide you with suggestions on what to buy, at a particular price, and when to sell it again. You will use exchanges like Binance, and the only way to profit is at an increased price of the purchased asset. This post covers only Binance, Kucoin, and Bittrex signals telegram channels.
c) you can use a mercantile exchange like Bitmex to day trade Bitcoin and few other altcoins. Here you can long (you anticipate an increasing price), or you can go short (you anticipate a decreasing price), which means you can trade bi-directional and profit from price movements in both directions. Additionally, you can leverage your trades up to 100x, which increases the risk significantly but also the gains can be much higher. We prepared another post about signals for Bitmex, but some providers also issue this kind of signals as an add-on.
THE CRYPTO SIGNALS REVIEWS
Our Hand-selected List Of Crypto Groups On Telegram
We did and are still doing deep research and on reliable groups and found a handful of honest crypto signal providers that know what they are doing – and these we want to present you in this post. Some of them also provide crypto trading signals for free (with an appetizer channel), but the lion’s share of signals are presented in the paid channels. As this post is only about providers that make use of a group or channel on telegram, you won’t find a review about any Android or iPhone apps. We tested a few but they all have been lousy, and the quality of the cryptocurrrency signals was pretty bad.
This post is only about cryptocurrency signals offered on Telegram. The best Discord servers for crypto signals are provided in a separate post.
Ok, let’s get this started and trade some cryptocurrencies for profit. We are members of all paid channels listed here to check the quality remains and will remove a group once they should turn bad. We check the performance of this channels monthly (Link to Performance Tracker in the head of this post) to visualize for you the historical data and consistency. Our carefully hand-selected list of crypto signal providers could make you some excellent returns if you follow the suggestions accordingly – staying with the signals of these channels we make money trading cryptocurrencies – just by set and forget.
However, as always – please do your own research. Trading altcoins is risky, as you likely trade them against Bitcoin – so if Bitcoin makes strong moves, you can trash your fundamentals and technical analysis often and you will have to sit it out – no matter if its a Bitcoin Cash or an Ethereum Classic. There are tons of crypto trading signal groups on Telegram, and we do our best work possible to present you the best of the pack. We continuously check the performances, remove providers and add new channels, so best to subscribe to our Telegram or Twitter channel to stay updated.
Please keep in mind that all the groups use their own cryptocurrency trading strategies. As the bitcoin trading hours are around the clock without limitations, you should get signals in all time zones. Some of the providers offer a cryptocurrency investment fund, but we did not check it – please be aware. Some are more focused on long-term and show you the best altcoins to invest in; others are more in for short-term alt coin trading. We mentioned it in the post. The best trading platform for cryptocurrency trading is Binance in our opinion, but Poloniex and Bittrex are also quite popular.
Some of these channels allowed us to share a few of their signal from time to time.
Be sure to get into the SmartOptions Telegram channel to get them:
+++ Crypto Provider of the Month two times in a row! Affordable Altcoin Signals with High Success rate and Constant BTC Analysis+++
(added 03/2018) ~ Trading Signals for Binance and Bittrex | Bitcoin Analysis ~
When we stumbled upon this channel, we have been pretty happy – it is a yet unknown underdog and provides a GREAT value for the subscription fee. Infocrypto is a bilingual channel (English/Portuguese) by a Brazilian trader group, and they do outstanding work. We tested them in the bear market, and they have shown a consistent performance with their signals. Furthermore. We found that the extra channel for BTC analysis had the best Bitcoin signals Telegram has to in stock right now, and we used their analysis quite a few times as Bitcoin trade alert – they are an excellent Bitcoin signal indicator and also offer free bitcoin trading signals in their public channel. The complete offer by Infocrypto reads as follows:
- Altcoin Signals (fantastic results, even in the bear market!)
- BTC analysis (strength – the analysis I read was spot on)
- VIP CHAT with members
- Personal Support and Portfolio Advice
- Mental Coach and Trading Strategies
- Many extra bots, which can be used for extra trades (like a bot that measures current volume changes on altcoin pairs and alerts you if a suspicious pattern comes up)
Signals Review: Infocrypto provides their crypto trading signals often in a technical way. You will get a screenshot of their technical analysis and find the entry points and targets within. This is also of educational value and shows they are not copying any crypto trading signals but provide precise footwork they made themselves. They often use Heiken Ashi and Ichimoku clouds as an indicator. Have an example here:
I don’t trust the current bear markets and stopped any trading activities right now, but for this test run I followed quite a few crypto trading signals and took one of them as I was very convinced with their selection. I took this MCO signal:
However, also their other crypto signals have been golden – I had not one loser on my paper trades. In a market that kills almost everyone right now, these are astonishing results. Besides the altcoin trading signals, there have been several Bitcoin and informational updates along the way. If one has been keen to do so, yeah, you could have used them as Bitmex signals. The bear market cycle had a strict hand on us, and still, they have been successful. What has been helpful in this situation, was the given technical analysis and the lessons how to stagger your entry on the buy levels.
Biggest win streak: 21 won trades in a row | Biggest losing streak: 1 lost trade in a row. (December ’18)
Support: I had a great support person in a direct line a hand and got severe and reliable answers.
Critical Notes: Nothing to criticize from my end. Frequent Bitcoin updates, lots of useful bots, and winning signals even in the worst markets. Cannot complain.
What makes this channel unique? Even in the dirtiest market action, Infocrypto delivered great successful. They are here for a long time, we never heard a single complaint about their services and their renewal rate is very high. Their analyst breathes the bitcoin charts, and can’t stop pushing analysis for it. To us, one of the most underrated channels – cheap and full of value! A true sleeper hit. Furthermore, we are beta-testing their upcoming bot, which is about to be released really soon. The great results they had even in the most bearish environment might become even better with the help of it. They are working on tons of bots right now, a few have been already released and gave already results. One example: the volume bot, which scans several exchanges and the volume behavior on trading pairs – this can give hints about upcoming price increases and provided very good results so far. Great work! InfoCrypto is a no-brainer to me – they stood the test of time and staying profitable that much in these times, speaks tons about their quality, not to mention the very precious Bitcoin updates.
#2 Crypto Addicts
+++ Binance Auto Trader for Altcoin Signals with High Success rate, a valuable Magazine and a Hedgefund+++
(added 05/2018 – updated 1/2019)
~ Telegram Auto Trader for Binance Signals | Binance & Bitmex Signals | AI Trades | Portfolio Analysis | Fund | Coin Analysis | News | Magazine ~
One of the most professional approaches we encountered so far in the world of crypto signals has been Crypto Addicts. They do an outstanding job in all fields and act like the real European company they are (Belgium – with channels in English and French). They differentiate very much from the usual crypto trading signals channels you might find, not only by the quality of their signals but also how everything is set up. Their magazine “Diamond Report” is from top notch quality and aligns with the overall professional approach by Crypto Addicts, we have the allowance to share the April issue with you, please download it here and get yourself an opinion: Diamond-Report.pdf. Pretty interesting is another offer by them: “The Fund”. You can join it as a Premium member. I like the idea, but have no numbers on the performance (additional costs apply for this hands-free trading service). The way they present the signals and guide you through the trades make me want to say that they provide cryptocurrency trading for beginners, but it is not a noobish way – it is more this very professional approach, which takes everyone on the train.
At Crypto-Addicts you can find different services such as signals & market analysis, trading bots (Binance and BitMEX), the dashboard for market monitoring, news and trading (beta), and even the opportunity to participate to Airdrops.
Recently they started offering a Telegram Auto Trader for Binance, and manual trades in the bots, that allow you to trade on your own signals. Their offer in a nutshell:
- Highly accurate altcoin signals (even with a timeframe when the signals should hit their targets)
- Optional Telegram Auto Trader to replicate the Binance Signals
- AI Auto Trader to preserve your BTC value.
- A fully featured cryptocurrencies magazine, which can compete with 21Crypto and Bitcoin Bravado
- ICO Reviews
- A Members forum to collect valuable knowledge
- Bitmex Signals (Special Plan needed, not covered in this post)
- Ongoing coin reviews
- VIP CHAT with members
- Personal Support and Portfolio Advice
- “The Fund” – A managed hedgefund for their members (additional costs apply)
- A unique target calculator
- An extra Airdrop Channel
Signals Review: The crypto trading signals we have seen in our test period have been spot on. In this time we traded 13 of their signals and 4 of them reached all targets, eight signals hit target 1 and 2, two hit target 1 and retraced after that. One signal hit stop loss. The beautiful thing is that the channel actively supports you with their signals. They tell you directly once a target has been hit and remind you to raise your stop/loss. We used the following methodology: On target 1 we took out 50% and moved the stop loss a bit above our entry. This way we left the chances for higher targets, locked in a bit of the profit and made the trade risk-free. Each of the cryptocurrency trading signals came with a calculated risk factor, which is calculated by algorithms (it is a mathematical result based on volatility, volume, market, correlation,…). If this level exceeds specific numbers, crypto trading signals won’t be shared with the community to avoid unnecessary risks. Furthermore, – and unique -, they provided an estimated timeframe when the targets should be hit. I got access to a signals tracking sheet (find the link below) and checked the crypto signal results – they are real – usually, the channels that post many trade suggestions, hover around 60-70% success rate (if they are good) – Crypto Addicts stayed significantly above, but the reason is clearly the low declared targets. Each trade came with technical analysis and/or a fundamental based reasoning. As said, depending on the markets, they don’t aim for high targets – the profits come in step by step, trade by trade and not in big chunks as you might wish – the success rate helps to accumulate more growth, even and the binance auto trader helps with that goal.
Crypto Addicts make use of an AI to source the signals. This AI gives also calculated risk level – once the overall trading environment becomes risky, we can see the AI rates the signals with a risk level of 4.3 and above. They don’t post these signals officially then but inform their community. Recently they invested into the development of an Auto Trader for Binance, which is semi-automatic and takes all the manual trade setup from you. The bot kicks in, ask you if you want to take the posted trade, you confirm on your smartphone and it is replicated. This takes much time pressure off your shoulders and is very convenient.
Example trade: And here is the result of this trade. Please note how target 1 and 2 are in the lower range, to be quickly achievable. This adds a layer of safety and makes is risk-free to wait for target three once reached, by adopting the stop/loss and taking partial profit.
The Results: As given in the review above, the success rate was excellent, and the analysts behind this project are good and worth the buck. Considering the asked price for this service, it is amazingly cheap, and it is a perfect price. The number of available crypto trading signals was high, but they set the targets very realistically. This way you can adopt a complete strategy with their service: lower targets are faster achievable, this provides the option to have your equity not locked in a trade for a too long time. By taking out 50% on target 1 (84% of all trades in April hit target 1) and increasing your stop/loss, you get a pretty safe environment to grow your capital steadily. The overall numbers for April ’18 have been like this: 83,3% hit target 1, 70,8% hit target 2 and 45,8% target 3. So if you monitor the channel or use a service like a bot by 3commas for the setup you are very good from the Risk/Reward site. Consider this: If you took 100% of the trades, you would have been able to wait on 83,3% of them risk-free for target 2. If you trade the crypto signals actively, still 71% became risk-free after hitting target two if you play the stop/loss game like taught by Crypto Addicts. We face a small chance of 16% to hit stop/loss or become a bag holder for some time (if you prefer to hold). This is a very safe option to trade and increase your equity. We can see a great opportunity to grow your equity here.
Biggest win streak: 5 won trades in a row | Biggest losing streak: 3 lost trades in a row. (December ’18)
The Binance Auto Trader: Crypto Addicts are constantly evolving. They put much work into the development of an auto trader bot for Telegram, which makes the trade replication super convenient. All you need is your Binance API. There is a setup welcome pack, which will help you along their active support guys to get you started. The Bot on Telegram looks like this:
As I am currently writing a post about auto traders and am researching the tech behind, I have to say Crypto Addicts have technically the best and most advanced bot to replicate trades in your account. The setup is easy and still gives you all the freedom one needs to configure it safely and let it run profitably. The Bot itself gets very often really good updates – it is unique and not just a bought script. We tested many auto traders on the market and this one has been the best tech we’ve seen so far. Especially the trailing stop loss feature can provide you with massive gains, as you keep your position as long as the price is rising. Good job!
Results Portal: For verified live results, customers can log in to the portal and check how they did. For non-customers, there are general statistics and the results tracking of the free signals provided: https://crypto-addicts.biz/signals/index.php?t=statistics. You can find the most recent tracking sheet for their cryptocurrency signals in the fact sheet box below.
CryptoAddicts invest lots of money to improve the tech. We liked in particular how important it is to them, to stay transparent with their customers. They offer a signal tracking dashboard, where you can conveniently monitor all their trades, which targets have been hit and the outcome in general. The link can be found in the fact sheet box below.
Support: Once signed up I was contacted by one of their stuff, offering to connect with me via a call to make sure I understand everything and find all the support I need. What an excellent, engaged service – especially for new crypto traders. You have a real person at your site to understand how to use the crypto trading signals and to make the best out of your investment. The VIP chat is also constructive – I saw that each requesting member got their reply and updated for current trades or the overall market situation. There is a second VIP available in French now if you feel more comfortable in this language. The signup bot is also very unique, you can see the process here:
Critical Notes: I observed how they did when Bitcoin was in a critical area, hovering over a vital support line. The acted accordingly, informed their members and used more conservative targets. What I like to emphasize is how smart they handled their orders and adapted to these difficult markets. They set more conservative targets than the most, which works out very well for their results. This is smart trading as we like it here – smarts money adjusts to the environment and still makes profits, while many others just lose it.
However, this also comes with a downside, if Target 1 is set with a very low percentage it is, of course, more likely to be reached. On the other hand, you will have to set your stop loss to entry immediately, because if the initial stop loss kicks in you will lose your profit and some more, finishing a trade with a minus even if target 1 has been reached. This formula here is “Small Gains + Active Trading” to achieve positive results.
What makes this channel unique? CryptoAddicts provide a comprehensive package of services and deliver with a super clean and professional setup – see professionals at work! What makes them unique is how versatile they adapt to the current market situation. Looking at the targets provided for each trade, they used fix percentage numbers – hence the great success rate. They follow a different concept: Fast in – fast out, smaller gains, but with more trades. Great way to trade responsibly in heavy markets and especially comfortable with their Binance Auto Trader. Awarded with the “Provider of the month” seal twice in a row.
#3 Fat Pig Signals
+++Bear Market Resistant Binance Signals+++
~ Binance Signals| Portfolio Analysis | News ~
Fair Warning: Fat Pig Signals do not come with bells & whistles. They don’t sell you a well-decorated tiny piece of meat on a noble looking plate – here you get a juicy steak like Grandma did, though from smart guys, which know how to bring that bacon home! We tested Fat Pig Signals in the worst bear market. Bitcoin just destroyed the 4K support and the markets tanked like if they were searching for pearls on the ground of the Mariana Trench. To be honest, I am still puzzled how they do it – but in times, where you start the Binance app and see more red than on a Butcher’s table, these guys have their trades running in the few assets which show green. Fat Pig Signal slaughter their way to the bear market – and by the way, their chat alone is so funny, it is worth the membership fees. This, by the way, is great to have here – the admins spread much knowledge there and you can extract a great BitMEX trade here and there from the talk there. Another good thing for us: As they calculate their prices in ETH, the membership fees are dirt cheap right now! Here is what you get:
- Binance signals with great risk management
- News updates
- Portfolio management (mid & long-term)
- Private Facebook Group
- Friendly chat and well-versed team
- Their signals flowed like the video below
Signals Review: The signals come plain and simple here, always with the appropriate technical analysis attached. In September we saw a nice 100% trade, which could have even become a 200% trade if hold (on $XRP) – these guys catch those movers and have a great hand for the right picks. This is not a fluffed up service with tons of features. They bring what they are paid for: successful altcoin signals – and boy, they delivered even in the worst markets. These signals are priceless in the current markets and checking their long-term history, one can see that they really know what they do. Their community values their accuracy and praises them a lot in the very active chat room, where one can spot many additional setups.
Biggest win streak: 9 won trades in a row | Biggest losing streak: 2 lost trades in a row.
Well, this is going to be interesting on the chart, as this trade became a 154% trade, and that while BTC was shitting the bed. GO even didn’t stop there and went much higher in the coming days, but hey, I don’t complain about a 154% profit in the worst market conditions.
The Results: Fat Pig Signals are able to deliver results. The test month ended positively with around 110% profit – and that while Bitcoin headed sub 4k. What I liked very much that these AGP (Account Growth Potential) has been achieved with just around 14 trades, so they don’t overdo it with the trades, but instead select carefully the good ones. The stops never exceeded 10% loss, so they always kept a good Risk:Reward ratio in mind and the few losses have been ironed out nicely. One cannot count the many trade setups which have been posted in direct customer communication in their chat room, which is very active, but surely you can grab some education there in a loose and funny atmosphere (ok sometimes the jokes go a bit far, but it is a thing of taste, I guess).
Support: They are always around and they maintain quite a neat team, which is always there and willing to help. The traders are very active themselves are very active in the chat room and always around when it comes to the need for a helping hand. Customers can also request help in private messages, they are very easy and one has to ask when do they ever sleep.
Critical Notes: No big critics here. They always consider the Bitcoin movement before handing out a signal, they have proper stops with good R:R in place, they support their members very actively in their chat. I did not note a thing worth to complain about.
What makes this channel unique? The channel has a very unique flavor, which you cannot bring this down to a few words. They don’t feature much extras and gimmicks, they plain and simple offer rocking altcoin signals, no matter how bad the markets are. Notable is, for sure, the awesome community they developed in their chat rooms – this is where you get their style the best. Sometimes rough (users not admins), but always very helpful and educating. They restrict their signals to coins/tokens with decent volume, which makes it easy to get in and out and also decreases the risk of getting pumped & dumped. Good research behind the trades.
#4 Verified Crypto Traders
+++Advanced Signal Group by Seasoned Traders offers Auto Trader & Education+++
(added 02/2018) ~ Crypto Trading Signals for Binance, Bittrex, Kucoin, Bitmex, 1Broker | Bitcoin Analysis | News | Market Overview ~
Verified Crypto Traders have been around for a long time and have many experienced traders providing Cryptocurrency Signals. They have multiple Telegram channels that offer elaborate crypto news and signals by professional traders brought to you in a professional manner by a real company. We have been following their services for almost a year and are happy we joined them – we did not waste our time here but can confirm, that you will find some real pro traders to take you by the hand. Verified Crypto Traders are providing well-thought crypto trading signals, as well as the critical news and updates. This is way more than just a simple signal group on telegram – Verified Crypto Traders is a valuable source for what’s going on in Cryptoworld, along with their bearish/bullish weather reports (example in this post) that give you an overview about what is happening and what to expect coming on this day. The accuracy of their crypto signals is astonishing. Here are some of their main features:
- Team-picked Crypto Trading Signals.
- Highly informative coin recommendations based upon and displayed as fundamental analysis, technical analysis, and market sentiment. Plus you will receive many important market and news updates for these picks.
- Short, medium, and long-term buy signals released to you hours before it is ever announced to our free channels.
- Explanatory chart calls.
- Detailed information about exciting ICOs. Including access to private sales.
- Online training and courses.
- Bitmex Signals (separate channel)
- Web portal
- Exclusive Webinars
- Auto Trader for Altcoin and Bitmex Signals that connects via API to your account and executes the trades for you
Signals Review: Even if the bears took control already, they have been able to find some of these juicy altcoin trades. The volume of altcoin signals surely decreased due to the current market sentiment, but there is still some money to be made with the right guidance, you just have to be very selective. In our trade example, we will show you such a trade, which left us with some nice profits
As I wanted to show this great example, I went back to the chart history to show off and proof this outstanding results.
And here’s the outcome – target 1 to 4 cleared in the middle of the crypto ice age:
The thing with Verified Crypto Traders is that they don’t post signals every day, as they are very selective about what they post, and very cautious giving traders the best probability of success. You will get daily updates and technical analysis on Bitcoin, ETH, and the likes, plus all critical verified news, but the cryptocurrency signals will come how they find them. They don’t stress themselves but post only the A++ ones. If you are more of a gambler with a short attention span, this might not be for you. The selection of the recommended trades is based on analytical decisions here. They trade in the markets mostly if the technical analysis aligns with strong fundamentals. They don’t have one single trading system but are a network of many traders with many styles. This diversity results in a top-notch performance. Some of their analysts have a Forex background, some trade the trends and others more the oversold prices – the approach is very diverse. VCT does not limit the cryptocurrency pairs they are analyzing and trading. If you are into reliable mid to long-term trades with real impact instead of a few satoshis profit, this is the way to go.
The Results: We followed two crypto trading signals when we tested, both of them made us nice profits within an overall messy situation. Mega profits came in. Until today we trade almost all of their signals. In regards to the background info, you will get the following info when a signal has been issued: The fundamentals, the consideration, the call logic – these steps make you learn more and more with every call if you take the time to understand what caused the call a call. Please note that this crypto signal channel is a mixture of educational content, news content and professionally analyzed signals, explained along the technical analysis behind. You won’t get dozens of crypto trading signals per day, but you will get a few outstanding ones, and an explanation of why they issue this signal. This is a channel for people who want to learn something and widen their horizon. They also offer PDFs from time to time with an even more detailed explanation of why a trade has been suggested. Also worth to mention if you want to learn to trade: Verified Crypto Traders also offers online training and courses for technical analysis, besides their signals. Their webinars teach things like support and resistance/trend line, scalping, and other basic charting knowledge as well as advanced trading methods. Even in the hardest times they provided pure quality and have consistent success for months now. They know how to play their cards well – in difficult times they provide extra opportunities like very well researched ICOs, which they organize the pooling to get you some extras from the seed sale phase, which usually only the big boys get.
Their Crypto Group evolved very much within the last year. New traders have been added, and they started with Webinars, Trading Courses and a portal that grows day by day. There is also a tracker for all their signals, so you can verify the outcome live and always stay informed – very transparent. Furthermore, it includes a complete social network for Crypto Traders.
Over the last few months, the Verified Crypto Trading guys are ramping up the signals game! The first channel we ever met that offers a live trading account for their customers! They put their own money where their mouth is and record trades of their own and share the videos, so you can learn to scale in and out. VCT took this step to provide greater transparency and to enable you to follow the moves. All other signal services/educators never would be able to provide as much and only do paper trades. They added live trading, so you can take a look over the shoulder of the traders. Also, please have a look at their sophisticated Auto Trader for Binance, Bittrex, Bitmex, and Bitfinex.
Biggest win streak: 5 won trades in a row | Biggest losing streak: 0 lost trades in a row. (December ’18)
Support: I got a direct support person, which I was able to ask everything and got good answers. They know what they are doing. They are also always around in their VIP chat to support members. As their team is pretty big, you won’t be alone if you need help. In fact, they offer now a 24/7 support team, available on the live chat on their portal as well as in their chat room.
Critical Notes: The chat room is sometimes a bit restrictive with rules, the sound sometimes a bit harsh. The bot works great and has a great tech engine, but needs to be configured properly. Pay attention to your settings, when using it.
What makes this channel unique? Verified Crypto Traders project is a very unique approach to building a complete solution for crypto investors and traders. They offer live trading (which nobody else does), webinars, great support and especially their auto trader for Binance and BitMEX makes them stand out very much. This is so much more than buy and sell instructions!
+++Power Signals, Bots, a Magazine and Tons of Extras+++
(added 04/2018) ~ Trading Signals for Binance and Bittrex | Live Stream Education | Magazine | Portfolio Analysis | Bots & Tools | Bitcoin Analysis ~
Note: This one is tough to rank as per our rating standards, as Cryptomedics focus on building a gem portfolio in bear times and do much day trades in the recent environment. So even if they select rock-solid picks, one should have in their portfolio, we cannot rank them higher right now, as their focus is a different one. You want to check out their Margin Trading Channel, though – they just became “Provider of the Month” the third time in a row.
One of our valued readers recommended us to check a channel, and we did that (real reader suggestions are always welcome) – it was CryptoMedics. For this post, we always search for the services that go the extra mile to provide something outstanding. We liked the content-rich character of the channel, so we got in contact with them and had been added to the closed beta of their premium channel, which we just had to lift into our list of the best crypto telegram groups. While being there, we established an excellent partnership and let them release some of their valuable content on SmartOptions to give you a feeling. CryptoMedics have been actively investing in the crypto markets for a long time and observed it from different perspectives. Their paid channel (which has launched the 1st of May) features quite some unique features and offers more than just crypto trading signals. The signals are mainly Binance and Bittrex trading signals. Their plan includes a telegram cryptocurrency bot (more in the future), consultations, long-term investment picks and a few more ass-kickers we are not allowed to talk about yet – but read yourself:
- Limited Altcoin Signals (Altcoin/Bitmex package + Elite Plan)
- A monthly Crypto PDF Magazine “Crypto Nurse” with much valuable content. Check an example issue here. (Premium Plan)
- VIP CHAT Support (Altcoin/Bitmex package + Elite Plan)
- Live Stream Education & Webinars on Twitch and a complete video series with great special content
- Fundamental investments & Long Term Picks (Elite members)
- Follow-The-Whales Infos & Picks (Elite Plan)
- Crypto Gem Picks ( invest early in coins with 10x potential) (Elite Plan)
- Portfolio Consultation and Optimization (Elite Plan)
- Arbitrage Bot (automation is planned) (Elite Plan)
- Information Leaks
- Technical Analysis on Demand
- Perfect Long-term Portfolio building
- More Bots coming in the future
The channel is not just boring crypto signals with entries and targets but is also filled with useful content. You get short but helpful lessons here and there and the important news.
Signals Review (please read the update on ‘critical notes’): 5-10 crypto trading signals per week don’t look much, but it is the overall package you get here. It is critical that traders usually tend to overtrade and CryptoMedics want to avoid this mistake for their users. The calls are very selected to only valuable ones with high reliability. It is the full info package for a bright and shining future when it comes to cryptocurrencies. To the 5-10 altcoin signals (which are mostly based on a mix of technical analysis and fundamentals), there are several other options: Follow-The-Whales picks features trades, that might convince whales for a particular recipe of news, and other factors, which CryptoMedics has recognized as a proven formula. Furthermore, there will be a weekly fundamental trade, with the project that provides the most robust set of fundamentals. For the long-term investors, the Crypto Gem Pick and their Newsletter Magazine full of recommendations might be of great value, and also their portfolio review service is one of a kind. We talked with one of their other beta testers, that got his portfolio analyzed, and he absolutely amazed by their work and took action immediately. OK, enough of summing up the details. Let’s see what we have been able to achieve in our test phase. Here is an example signal and its outcome:
And the result of the crypto trading signal, all targets achieved and even more:
The Results: This, of course, is just an example. There have been quite a few more crypto trading signals that worked out like this. Here are more trading results from our test phase:
*ZIL – All targets achieved – in for long-terms well
*EOS – All targets achieved and even much much more, was called to buy – 0.00072 – 0.00068, hit even 0.0023820 – this equals a *350% profit if you held it since they signaled it.
*AION – Target 2 cleared
*TRX – All targets cleared, more than 70% up since call
*IOTA- All targets achieved
*ADA – All targets achieved
*XMR – hit stop/loss
*Coin from the Crypto Gem Series (not published, as long-term): EXPLODED.
I would never be had my attention on this one. 300% would have been possible if you took profit at the spike in a news release. Great pick. The fundamental trades are also rock-solid. Their particular pick from their newsletter magazine (HKN) achieved 60% in profits. Technical analysis is not provided for all trades; this could be improved. We get a Bitcoin analysis with every impact move and boy, these are great! They have one trader who is analyzing the BTC moves alone to update you about the market situation, and he called the drop from 19,5k to the recently touched 3k area (pay attention to the long-term analysis by their trader XHB for that!)
Biggest win streak: 3 won trades in a row | Biggest losing streak: 1 lost trade in a row. (December ’18)
Support: The support is managed with an active chat channel for the Premium and Elite members. Members can request a technical analysis of coins any time and their team is amazing in delivering them along with a personal comment. This is a very high and individual level of support. They are always responsive and there to help a member out. Reliable team with technical analysis on demand feature. Another important new addition is the education section – this is not your basic TA lessons, this is helpful practical advice that will help you to learn more about trading from a new angle. Webinars, Live Sessions, and structured lessons will make a better trader out of you if you follow and practice it.
Critical Notes: Cryptomedics slowed down very much with Binance signals in the current market conditions and switched to a tandem trading mode for their Altcoin/Bitmex channel. Their Bitmex Signals are ultra successful, so they use it as a vehicle to grow your BTC stack over there, garnered with a few selected Altcoin trades here and there, which are mostly winning. If you want to signup for altcoin signals alone, I would consider a channel from the above. If you want to trade both ways (Binance and Bitmex) it is a good selection. If you want to use the bear market for building a GREAT portfolio along with their fantastic and often updated gem list, the Elite membership is for you – these guys will get you prepared with the right altcoin portfolio for the next bull run.
What makes this channel unique? Besides this great package they offer, they have one point which is very unique: their access to information, only a minority has. We can’t go deeper on this one here, but they are VERY WELL CONNECTED and can deliver news very early. One example, they posted some news about Ripple way before I was able to find it anywhere else, so one would be well-positioned to catch some great profits with the recent run-up. Another unique feature is the technical analysis on demand: you have a team of traders you can tag in their telegram channel to analyze the charts for you on an asset you define. All in all I am really happy to be member of the ELITE club as the service pack provided is impeccable: Winning Bitmex signals, a few very selected Altcoin signals, Education all around on a very high level of quality, long-term Bitcoin updates that give you an edge for your crypto investment, technical analysis on demand, Webinars, Live Trading sessions – this is a fantastic complete package. You might ask yourself, why they are listed on spot #5 then, let me explain: the rankings are based on the monthly updated performance tracker. For this post, we consider only their altcoin signals, which are yet limited currently, this fact decreases their consistency ranking, which is solely based on the short-term trades and cannot contain their long-term gem investments, hence a lower ranking results out of this.
Finding The Right Signal Provider
The selection below is top-notch, they all are excellent or outstanding in their own way and offer a good return in exchange for the taken fees. A remaining question is how to select one of these providers – how to find the crypto signal provider that matches your exact needs? We stripped out the offerings from each channel and ranked it internally. The questionnaire below might help you with your decision, as it will present you the matching channel, based on what you are searching for by answering some related questions.
Removed Providers History:
- Blackstone Signals (communication & performance issues)
- WhaleTank (performance issues)
- Yo Crypto has been moved to the Bitmex post, as time has shown the majority of his ingenious signals covered margin trades on Bitmex
- Rocket Signals (Stopped their service after bad partnership)
- Cryptoland Elite (Signal copying, Shady marketing, Member kickouts)
- Crypto Experts (Not enough quality/signals for the price)
- Ashu’s Trading Channel (Performance)
- Bitcoin Bravado (listed in Discord post)
- Cryptonizers (temporary removal as restructuring)
- Palm Beach Signals (Performance, internal team problems)
- Hawkeye Signals (Pump and Dump, turned from a great channel into scam)
Crypto Signal Groups in A Nutshell
|Feature||Crypto Addicts||Verified Crypto||InfoCrypto||Cryptomedics||Fat Pig Signals|
|Exchanges||Binance / BitMEX||Binance, Bitrex, Kucoin, BitMEX||Binance/Bitrex||All Exchanges||Binance, Bitrex|
|Signals with TA||Yes||Yes||Yes||Yes||Yes|
|Gems/Long-Term Trades||No||No||Yes||Yes||Yes, with Portfolio Analysis|
|Bitmex Signals||Yes||Yes||No, but BTC analysis can be used||Yes||Rarely|
|Chat Room||Yes (English/French)||Yes (English)||Yes (English/Portugese)||Yes (English)||Yes (English)|
|Pricing||From $75 to $112 / Month (-25% discount included)||From 0.04 to 0.1 depending on plan and timeframe (-5% discount not included)||1 Month: $99 | 3 Months: $240 | 6 Months: $450 | 1 Year: $720 (-15% discount not included )||From 0.06 to 0.54 (depending on plan and timeframe (-15% discount not included)||3 months 1ETH | 6 months 1.5ETH | 12 months 2.5 ETH (-10% discount not included)|
BONUS: FREE CRYPTO SIGNAL CHANNELS
Free crypto signals telegram: As we wrote in the starting paragraph, there are barely free crypto trading signals to be found that you should trust. However, we found a few free gems, providing great performing crypto signals and also technical analysis. In fact, you can make quite some bucks with these freebies, and we are still members of these channels, besides the listed paid ones.
Are Free Crypto Trading Signals Any Good?
There are tons of free telegram crypto signal groups, and we did our research properly for you: we joined dozens of them to get it figured what happens in this scene and – oh lord – it was not fun to do that. The terrible spelling (“join my free segnals grup!”), the endless cross-promotions, the nonstop vibrating cellphone (until you muted the groups) and last, not least the often random appearing crypto trading signals, or stolen signals that hit you way too late and would give you a bad entry – a nightmare. Crypto trading signals on telegram are wild – be careful if you blindly follow the crypto trading signals you find there. As painful as it was to get hammered with the cross-promotion notifications by those free crypto signal channels, as delighted we have been to find two real gems in those groups, we will share them later in this post. In general, you can say, the good things are not free – it is simply like everywhere: You get what you pay for. There are no altruistic Crypto Signal Providers. There are free channels to
a) tease you to join the paid channel, and you will get only a fraction of the crypto signals and that most often delayed or
b) are Pump and Dump channels (nowadays often cloaked as “Pump and Hold” or “Short Term Signals”) that will exploit you and make you lose your funds very fast, as they need someone to buy the shitcoins once they want to sell it on the peak. The free crypto signal channels of our listed crypto signal providers above in this post don’t work with cross promotions (if so, we removed the link to the free channel), though they give only a fraction of the signals of the paid channels. Also, the paid ones had sometimes very profitable trades based on exclusive information and the best yield on profits. The free side-channels of the paid ones share their crypto signals often, when the price already increased a bit, so you can’t take full advantage of the signal or share only a small fraction of their signals. Free altcoin trading signals are not bad per se – but some channels playing games with this kind of offers (not the mentioned ones in this post). Check out cryptotrendz signals telegram to get an impression of what I mean – before you ask: no, we don’t have a crypto trendz review available. However, as we spend quite some time also in other free channels, and created a small selection of free alt coin trading channels for you, that doesn’t plaster you with cross-promotions but give you a sneak preview of their premium channels or mostly share valuable technical analysis and general info with you. They are good and trusted by us, and you can find them in the bonus section at the end of this post.
Where to get the best free crypto signals?
Altcoin trading signals telegram: Here is a selection of the seven best free crypto signal channels we found. Free stuff, which is good is very hard to find in this field. Enjoy these guys, you can learn a lot from them, especially the technical analysts I linked are good teachers if you want to become familiar with learning to trade (first two in the list). The last free channel in the list made us some great gains recently, by the way.
Free cryptocurrency trading signals (UPDATED SEPTEMBER ’18 – GREAT NEW FINDINGS):
Things To Consider When Trading Signals
How To Use The Signals The Right Way:
The given crypto trading signals rely whether on technical analysis or on upcoming news/special information or the combination of both. Once enrolled in a channel you will get the signals in a format like this:
Let’s go through the signal above and explain, what it all means: At first, we see a small explanation of the trade and why they have chosen to take it. The majority of the trades are running against BTC if nothing else has been stated. The buy area is the price in sats where you place your buy orders. If you have 0.1 BTC to spread, you could set a buy order for 0.03 at 2350, then another one of 0.02 at 2330 all the way down to 2300. This way you are averaging your trade for the case the price drops further and gives you better entry price in the mean. You might have seen that I use odd numbers for the buy orders and you should do that as well. 2352 is more likely to fill then 2350 as most newbies will place buy orders at the bigger round numbers.
The invested amount/trade: One of the biggest newbie mistakes is it to go all in and to wish to double your account overnight. Slow & steady wins the race. So how much should you invest in each trade? We think that 5% of your total capital should be the maximum – and these 5 percent should be placed with averaging in mind. Example: You have 1 Bitcoin as equity. A cryptocurrency signal comes in with an entry spot at 0.0023475. 5% of your capital would mean to use 0.05 for this trade. But we don’t place this order with 0.05 at this price. Instead, we spread 0.01 orders every 2-3% percent in a range of 10% below the entry price. We have 0.04 sat to spread in this zone. This technique is called Dollar-Cost-Averaging. In a very volatile trading environment like with cryptocurrencies, we have to expect that the price will move below fibs/pivot/support/whatever spots. This makes it advisable to spread your buy orders all over the place. The only annoying thing is that you will likely invest less than you actually wanted, but that is OK – better safe than sorry. The telegram channels we selected here have tested, working customer support. They should help you to apply a reasonable trading strategy for your funds/equity.
The targets: Here you have to decide if you want to lock in your capital longer, for higher rewards or are you more here for faster profits. T1, T2, and T3 are the target sell levels – the higher the target, the longer it could take to reach it. We like splitting 50%/30%/20%, but it depends a bit on how high the targets are. A great way to calculate the % to be sold at the short-term targets, is the breakeven zone, so you adjust the percentage values that you reach your initial purchasing price, but still have something leftover from the purchased coin, so it becomes a risk-free trade. Simplified example to get you the basic idea: You bought 1 Bitcoin of VIBE at 3150 sats. The price jumps to 5500 sats and you sell VIBE in the worth of 1BTC to the market. You will still have VIBE in your account and are officially risk-free now. Another great technique is to sell 50% at your first target and move your stop-loss to your entry price – risk-free trade again, with profits locked in. If you want to automate the procedure of laddering in and out like described, we suggest the 3Commas Bot. Often you will find short-term targets, mid-term and long-term signals. Short-term signals are supposed to hit the targets within a few hours or the same day, mid-term take a few days to hit its targets, and long-term signals are meant to hold for up to a few weeks. Please note: We mention mostly three exchanges here. Binance, Bittrex, and Kucoin, these are the markets the providers officially committed to providing their analysis for, though you can use the signals also for example as Poloniex trading signals if they have the coin in their offering. Let’s move on to the best crypto trading signals telegram channels have to offer right now.
Valuable Altcoin Trading Tips / General Things To Know To Get Started
- Never go “all in” – diversify instead. If you subscribe to all the mentioned groups in this post, you should get plenty of signals that make sense. Use 1/10 of your available funds for each trades as a defined maximum. Never invest all your BTC in one or two coins. Diversify your balance with *1/10. Remember to set stop-loss 5% below of your entry point at those unstable days. Always set a stop-loss at entry point after the price increased. Always sell 30-50% of your investment and set a stop-loss at 5-10% below after reach first target.
- Most traders would use the first sell target and sell between 30 – 50% of the funds that have been used in the trade. So basically, if you get three targets, you would set up three sell orders. Target 1 with 30 – 50% of your trade size, target 2 with 30 – 40% and target 3 with 10 – 30%. Keep in mind, that the higher the target, the smaller the chance that it will be reached, so if you don’t like to end up with a fraction of your investment as bag holder, you should maybe prefer a conservative route. Some of the channels we present offer sometimes signals based on special information, here it is advised not to be too conservative, as these crypto signals can explode to unbelievable heights.
- Dumps are likely to happen sometimes. You trade altcoins against BTC – this is risky per se, as everything depends on how Bitcoin moves. Bitcoin rushes, altcoins dump. Bitcoin dumps, altcoins dump. This is normal – the best environment for all crypto trading signals and crypto altcoin trading, in general, is when Bitcoin moves sideways. So be prepared for the dump upfront and keep 30% of your total funds in Bitcoin to be able to buy the dip and hedge yourself out. Don’t blame the signal providers for that, Bitcoin’s next move is difficult to predict, so they can’t foresee every upcoming drop. However, they will surely help you on the way up with good recommendations on what to buy in that particular dip.
- We mention if the provider’s signal works for leveraged trading on Bitmex. However, please keep in mind that cryptocurrencies are very volatile and there are risks involved in trading this way. Keep in mind that this is not Forex trading and due to the volatility, one should be careful with margin and leverage. Please ask yourself if this kind of trading is suitable for your trading account.
- Stop-loss or no stop-loss? This HODL question is highly discussed between cryptocurrency traders and is not easy to answer. Several factors have to be considered. Let us think about this for a bit: Generally, the gains you can make with crypto trading are pretty high – and that without using any margin or leverage as crypto itself volatile enough. This leads to the chance to trade without any stop-loss and protect your overall equity in the long run. Worst case scenario: Every signal you trade hits stop-loss – this decreases your equity slowly trade by trade and removes the chance to recover from the particular trades. Using a stop-loss implies one of the few opportunities to burn an account in crypto. On the other hand, this locks your capital – if you take some losses with stop-loss, you might recover from these with a few other trade signals. In a nutshell, I’d recommend adapting to the overall environment. First, I would not use more than 5% of my equity per trade. This will make you feel easier if the price dips. If you have to trade in bear markets, I would trade this 5 % only on coins that have strong fundamentals in the pipeline, check the socials, check the roadmap (also other facts for that coin can matter, check our coindata.io review on these factors). If I see they have stuff upcoming, I decide to trade the signal without stop-loss, as there are chances to recover due to the news that coin/token will bring up soon. However, I then get out of the trade once we hit break-even and don’t risk holding it for more returns. In bull markets, it is different: If everything keeps going up and I am on one of the few coins that suffer, I use a stop-loss, as it makes no sense to keep my capital locked in there, as most of the opportunities go up. You see, you have to be like water, as Bruce Lee said – don’t be a stick, but see what is happening around you and adapt your trading strategy with it.
- How to use Cryptoping as an add-on with the signals? The cryptoping tech backend is pretty nice and -as an add-on- not bad. Its signals are nothing where I would throw money blindly on it, but if you can effort to load up a cryptoping coin, you can use it for confluence reasons and get a double confirmation. The cryptoping telegram bot is precisely that: a bot you can connect to your account after the first cryptoping login. This service monitors the crypto markets and notifies you when an asset gets an unusual amount of market action – so basically, nice add-on, though it needs human confirmation. You can check out the crypto ping telegram bot with a free trial, though you want to use it with caution.
- Should I learn trading myself? Learning to trade can be a long and painful way. From exponential moving average (EMA) or Moving Average to relative strength index (RSI) up to trading based on a neural network – it is a rabbit hole which leaves you lost if you pick some info here and some info there. If you want to achieve this goal and become a trader yourself, we would suggest going with one of the Signal Providers that provide a decent education pack within their service offering. Not all info on the web is correct, nor structured in a helpful way, which is why we suggest to get yourself a mentor from one of these providers.
- Can I just go for automated trading solutions? It depends. Of course, we all would love to earn money hands-free with automated trading. Today’s possibilities of machine learning algorithms should enable us to automate crypto trading, right? While we believe that this data can be helpful, we would not rely on it – we cannot trust our funds to a fully automated bot. In our opinion it is just a tool, that can do great work – along with a pair of human eyeballs in front of the computer to confirm the validity of the signal. Don’t let the wish for overnight riches make you enabling a bot buying and selling crypto currencies without your confirmation.
Crypto Experts Round Table:
Important Industry Figures Share Their View on crypto telegram channels
Yes, we are biased – with the channels above we had and still have good success with our trading. As you might know – we think emotions, subjective views and trading don’t go very well together, so we invited experts from the crypto industry to let us know their general view on crypto telegram channels and how to estimate the given signals. We invited the big names to drop us a line on this important topic and here they are! Enjoy the unbiased opinions by Crystal Stranger (Peacounts), Eric Kovalak (Vellum Capital), Maksym Nedobor (Hacken.io), Vikram Ramakrishnan (Quantlayer), Vyom Mahadevia (Cindicator), and Henry Stanley (ICOAxiom). Enjoy!
Crystal Stranger’s tip on how to estimate trading recommendations: ”
I always try to look for numerous signals before moving into a cryptocurrency position. Cryptocurrencies, in general, have less fundamental drivers than technical signals when compared with stock investing.
The most successful investors I know switched over from Forex trading, as the fundamental drivers are pretty similar in being more economic and cultural. I like to see economic reasons for a move to buy in, for example, numerous publications releasing positive news stories about crypto on the same day.
Also, holidays in big crypto-purchasing regions such as China or Japan can influence the market, and it is important to look out for patterns based on these certain times of the year.
Right now the market is low, so many buyers are still on the sidelines. Timing the bottom is a loser’s game. When moving positions into the market, it is better to cost average your purchases in. Pick a day and time each week that the market normally takes a little dip and set a buy order for that time. This way you average out your cost of entry over several weeks to get a better overall price for placing your position.”
Eric Kovalak’s tip on how to estimate trading recommendations:
Price based trade signals are parametric – their indication is generally a static calculation from historical data. The signal may or may not be calibrated correctly, and the historical data may or may not have any value to tomorrow’s prices. A technical trader must have an opinion about the accuracy of their tool and the value of the data. Sometimes a signal tool will be too fast in a market and other times too slow. This is a good problem to be solved by a human mind which can easily infer fast conclusions from visual data (looking at charts). Estimating the value of market data can be more difficult. Many times people go deep into market microstructure in an attempt to find additional data points, but data often times records a unique situation in history. Data problems may be best solved with a large data set and data mining tools which can more quickly find patterns and factors in history. Then the trader only has to determine if history is likely to act in a similar way in the future. Generally, the best way to solve both of these problems is to gain robustness though simplicity. I’ve found large funds to use the 200 day SMA as a trade filter, rather than draw lines all over a chart so it ends up looking like a galactic battle plan.
Maksym Nedobor’s tip on how to estimate trading recommendations: I rarely use crypto signals on Telegram; however, I have 3 main rules to which I try to stick to when trading with their help:
- A signal must be technically compliant: if there is no analytics explaining why it’s high time to buy, I would never resort to.
- The signal should not be in a form of “BUY NOW” but it necessary has to determine support level and growth target.
- Quality and trustworthy signals aren’t free. In fact, I believe that only 1% of such Telegram channels is trustworthy. BUT! This 1 % is usually marketing or promoting one. On the other hand, paid signals is also an ambiguous point. The thing is that when you can trade and analyze the market, you don’t need to pay money for signals and pieces of advice.
Vikram Ramakrishnan’s tip on how to estimate trading recommendations: We monitor sources like what coin teams’ admins are saying in their chat rooms, github commits which are examples of what code has recently been incorporated into a coin’s codebase, press releases that coin teams are putting out, and a whole bunch of other sources.
There are a lot of signals which can affect a coin’s price movement. For example, we captured the latest admin chatter on VEN when they were talking about airdrops. VEN moved +40% after the admin team explained when they were going to be doing the airdrop.
Another example was SUMO, when its Github repository got pulled from Github due to DMCA violations. SUMO sold off 60% because people were worried about the reliability of the team.
Vyom Mahadevia’s view on tip on how to estimate trading recommendations:
There are two main types of crypto signal out there:
1) Signals based on technical analysis
2) Signals based on detailed fundamental research
1) Signals based on technical analysis:
– Short-term signals. Most of the paid signal channels give short-term signals without any explanation, and I tend to ignore them. An example of such a signal would be something like this:
[2018-03-24 05:38:08 UTC] >#ZIL (BINANCE)>BUY- 590>SELL- 680-750-795-840-880-940
I tend to completely ignore this type of signal as there is no basis or explanation for it. These types of signal might work in
a bull market where everything is pumping, but it is very unlikely to work out in a bear market like the one we are experiencing right now.
– Medium-term signals: These types of signal are usually accompanied by a chart with some form of TA on it. To my knowledge none of the signal channels do long-term forecasts: it’s either really short term or it’s a short/medium-term forecast. In this type of scenario where the signal is complemented by their analysis then I would recommend traders first conduct their own analysis. Once you have done your own TA with whatever method you use, you can then check to see if the direction of the signal is in line with your analysis. If it is then that would increase your confidence in the trade and then if the risk/reward ratio is good enough you could take the trade. The reason I say check the direction and the targets from the signal is because the analysis itself could be based on a completely different method of TA so you don’t have to focus on that. You should stick with the technical analysis method that you are comfortable with.
2) Signals based on detailed fundamental research This is something that is more useful if the signal provider conducts legitimate research on a particular coin. There are so many coins out there and there are new ones that are coming out all the time so if you get detailed research reports on a particular coin then it saves you the trouble of having to spend hours researching it. This type of research is usually also supported by price forecasts. What I would do with this type of signal would first be to go through the report that they have published on a particular coin and see if it is worth looking into a bit more. If I find the coin interesting enough for a long-term investment then I would look into it further and conduct my own research but it does help to weed out coins that aren’t worth spending too much time on.
Henry Stanley’s tip on how to estimate trading recommendations:
There is no signal that will 100% accurate, you will have to do your own research, you’re not able to just make the trade and forget about it. It has to be closely monitored. As for if the signal is good to enter, the only thing you can do is review past performance of the signal provider, see if it makes sense, see how accurate they were previously, maybe view other signals from traders, see if they have the same viewpoint, over time as you get better trading crypto you will get a better feel for trade signal. It is something that is learned with experience. An additional tip, risk only the amount of money you can afford to lose and watch the trade closely if it does not work out as expected then close out the trade and limit your loses.
A Warning: Be Careful With Shady Signal Groups
Unreliable, shady persons push random crypto signals and promote the ones that ended in profit in endless circles of self-adulation – even if the overall performance sucks. Even worse are Pump and Dump groups – some of them state that they are PnD, so at least you know that you are jumping into a significant risk for your capital. Others pretend to be serious altcoin telegram groups to lure you into their scheme – of course, they are the only ones that will profit at the end of the day. However, how does one know a telegram crypto signals group is a scam when joining it? Check out the trades they suggest, if they recommend some shitcoin and you open it on Bittrex and see already a large green candle, it is usually already pumped and is likely to die right after you bought some of it. Bad spelling and grammar, the permanent use of rockets, moons and $ signs are added indicators. Be careful those groups often use little pseudo-news to make you think it is legit.
Paid Crypto Signals Leakage Groups
You might come across some advertisements for groups which steal other groups crypto signals and offer them summarized for a low price in their channel, or even worse re-sell it in a signals channel as their work. Of course, this will give them – and you as a buyer – bad mojo over time, but there is more why you should not fall for this scam. If you think about giving those scammers your money to support their content-theft scheme, you should think about the following:
- You will get the crypto signals with a delay, and timing can be crucial. They have to copy and paste it. They have to be around in time, as they never know when the next signal is going to be posted. So it can take hours until you get the signals, probably too late.
- You miss out many extras, like personal support. What if a trade didn’t work out well? The providers in this post can show you ways out of the trade with techniques like hedging. You are entirely on your own if you use a leaker channel.
- Crypto transactions are not reversible. One can offer all signals from all big groups in one place for 0.1 eth – sounds like a perfect offer right? However, why should they give you anything? The “seller” is an anonymous nobody who can just set a low price to convince you and exit – Crypto transactions are not reversible, you risk your capital with such purchases. The providers we list here, are the ones with a reputation, they have to lose something. Crypto signals leaker channels not – they move on and open the next one.
This post contains only crypto trading providers that operate on a chat platform called Telegram. This paragraph shall clear things up, for those that are new to the concept of the app and want to know how to join signal telegram channels. The cloud-based messenger app enables you to create an account with a sim-enabled smartphone and lets you chat with your contacts (similar to Whatsapp). Your account is tied to your phone number, so you cannot open more and more accounts randomly. While the chat protocol offers “secret chats” with end-to-end encryption, the usual chat runs unencrypted, cloud-based on servers across the world. Besides the chat feature (which you can also use for contacts, not in the contact list of your smartphone and e.g., find in a chat room), you can create telegram channels, which feed you with pieces of information like used for the signal telegram channels in this post. If you want to join, you enter with a custom telegram channel link; the channel owner will provide you once you signed up. If the channel owner posts something you get a notification (in our case for a signal) – these notifications are gladly highly customizable. Paid telegram groups will let you pay the fee first and then send you a link to join which expires. Alternatively, the channel owner might add you directly to the group if your security settings allow it. The channel search enables you to find old posts if you want to check the outcome. Many providers offer telegram group chats for the sake of transparency and to build a community around their channel. Most have free telegram groups and channels available, as well as hidden groups for their Premium or VIP members, which you cannot access directly. Also here you get a group invite link after you signed up, which we encourage to do – often you can gather valuable contacts or find additional information, as well as direct support. While Discord in comparison attracts many scammy projects, Telegram is much better in this manner. Telegram is available for iOs, Android, as Windows/Mac app and accessible per web platform.
Final Words For Your Crypto Trading Journey
We hope you enjoy this small selection and found a good cryptocurrency telegram group for your needs. There are hundreds of thousands of channels out there, which makes it hard to find the right crypto trading telegram group for you. While many of them are a scam, we can vouch for these here. From our in-depth research, this has been the most promising and if you follow the crypto signals, don’t overreact if the price sometimes dips and hold until targets are reached, you will have excellent chances to make a decent profit with these signal providers. Always remember: If BTC runs or drops, no signal provider can help as this affects mostly all the altcoins. There is just one way out – HODL and AVERAGING until bullish and adapt your stop-loss strategy as I described above. That being said, keep in mind that everyone can have great stats for given signals if we are in an alt season. The specific thing to determine if a group issues good altcoin signals or not is if they hit bottom once Bitcoin makes big moves. Only this situation shows in the long run if a provider is a good one to go with. In some cases, it is better to hold back with signals and observe. Please note that we continually update this post with providers. We remove and we add providers per their performance and behavior to their customers. Our goal is to show off the best groups for crypto signals and especially altcoin signals and make them accessible for you, though the provider market is very dynamic – if we see the performance of crypto trading signals dropping, we might remove groups anytime.
When nu post?
- Learn which Crypto Signals Provider really perform
- Get unbiased well-researched & merciless coin reviews
- Grab trading education, our market updates and cryptocurrency news!
When nu post?
- Learn which Crypto Signals Provider really perform
- Get unbiased well-researched & merciless coin reviews
- Grab trading education, our market updates and cryptocurrency news!
When nu post?
- Learn which Crypto Signals Provider really perform
- Get unbiased well-researched & merciless coin reviews
- Grab trading education, our market updates and cryptocurrency news!