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 search for guidance many new traders end up in several crypto signals telegram channels – and it worsens their situation way too often. We selected a small group of crypto signal providers and put them to a test – in the most unstable times! Let’s see how they did.
A Warning First: Be Careful With Shady Crypto Signals 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 more bad are pump and dump groups – some of them publically state that their are pump and dumpers, so at least you know that you are jumping into a significant risk for your capital, but others pretend to be serious groups to lure you into their scheme – of course they are the only ones that will profit at the end of the day. But how does one know a telegram crypto signals group is a scam? 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 will die short after you bought in. Bad spelling and grammar, the permanent use of rockets, moons and $ signs are additional indicators. Be careful those groups often use little pseudo-news to make you think it is legit, but they just use such small news for their pumps.
Are Free Crypto Signal Groups Any Good?
There are tons of free telegram crypto signal groups and we did our research properly: we joined dozens of them to get what is happening in this scene and – oh lord – it was not a 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 signals, or stolen crypto signals that hit you way too late and would give you a bad entry – a nightmare. Crypto signals on telegram really are wild – be careful if you blindly follow the 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.
Reliable Crypto Signal Groups On Telegram
Happily we did a deep research and have found a handful of honest crypto signal providers that actually know what they are doing – and these we want to present you in this post. All of them provide free channels (as an appetizer) and paid channels. We peeped a few days into the paid channels and noted the profits for you, so you can make a good decision based on our data. The free crypto signal channels often give only a fraction of the crypto signals of the paid crypto signal channels, also the paid ones had also sometimes very nice trades based on insider informations and the best yield in terms of profits. The free side-channels of the paid ones share their signals often, when the price already increase a bit, so you can’t take full advantage of the signal or share only a small fraction of their crypto signals. Our carefully hand-selected list could make you some nice returns, if you follow the suggestions accordingly.
How To Use Crypto Signals The Right Way:
Crypto Signals rely whether on technical analysis or on upcoming news / insider informations or the combination of both. Once enrolled in a channel you will get them in a format like this:
Often you will find short term crypto signals, 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 and long term signals are meant to hold for up to a few weeks. The numbers mean you should place a buy order at the price of 0.0035 sats or below. Once your order is activated you can use the target sell levels to take profit. Here the crypto signal author projects 4 possible sell targets. The higher the sell target, the more time it usually takes to get there. Not all crypto signals reach all targets, so if you place this order for example and use the price of 0.0055 as sell order to take profit it could take a while and for that time your capital is locked on this trade. Read here on how to put in pending buy and sell orders on Bittrex. Many traders prefer to sell off in steps and use the following methodology:
- Never go “all in”, diversify instead. If you are subscribed to all the mentioned groups in this post, you should get a plenty of crypto signals that make sense. Use 1/10 of your available funds for each trades as a defined maximum. The admin of the Crypto Elite channel, I am going to present them in the list, constantly repeated:
- Setup the buy order at the give entry price. In our example, we would place a buy order at the price of 0.0035 or below.
- Now you have to chose your route, as Bittrex allows only Take Profit or Stop Loss. Decide between setting up the sell order on the first level of 0.0039 sats or a stop loss of 5-10% below the entry price. If you feel funky you could use the second target as Take Profit target as well, knowing that this will lock our capital for a longer time, and there are chances that it won’t be reached for a longer time. There are no guarantees in Crypto – never. Always keep that in mind.
- Most traders would use the first sell target, and sell between 30 – 50% of the funds that have been used on the trade. So basically, if you get three targets, you would setup 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 crypto signals based on insider informations, here it is advised not to be too conservative, as these crypto signals can explode to unbelievable heights.
- As we can only set a take profit OR a stop loss order on Bittrex, it is a common practice to use the first sell target as take profit first, sell 30-50% of our funds on that trade and right after set a stop loss at our the entry price for the rest of our funds in that trade. From now on, we have to monitor the price of the coin and want to setup price alerts (for example with the Price Alert feature of Coinigy) and always sell a portion of the available funds on each target, that has been hit.
Our Hand-selected List Of Crypto Signal Groups On Telegram
Firstly, to make it clear to everyone Cryptonizers is not just a channel we are company. It is not just 1 individual behind it, we our a team of 7 people, soon to be 9. With analysts, developers and marketers. We specially designed a paid service for people, as we observed that people are spending a lot of money for all this and not getting results. We see a lot of channels given 5000% ROI a month, think logically and then see if that is possible. One more thing we observed is that people have a problem with waiting for trades to reach target, they start getting impatient and eventually sell in loss as the signal took weeks to meet target. Solving that problem we started a service called ” Live like a day trader” this service gives signals or trades which are short term maximum time to reach target is 24 hours. We do not say we have a 100% accuracy, however says that is either lying or is a scam. We have 8-9/10 ratio of success on our trades. Which in turns gives a daily profit of 30-50% ( accumulated) ( means total profit- total loss = accumulated profit) We believe it better to scoop out small profits then running behind those 100-200% coins. That just a mere luck if people get to ride that wave and happens only once or twice. So if you are interested in day trading, getting Inside Info and mid term signals as well.
Crypto Signals: The amount of crypto signals given was not too high, which is a good thing and shows he is not randomly throwing signals around, but instead carefully selects signals with the best potential. He provides the entry points and several sell targets, which nailed it pretty nicely from what I monitored. He offers day trade signals, midterm signals and longterm signals, the style is communicated on each of the signals. From time to time he offers some insider trades. I attented one of them and it was a hot tip that gave me juicy 15% percent in a few minutes.
The Results: We followed his signals for 3 days with a starting capital of 0.2 BTC and have been able to grow it to 0.25 BTC growth rate of almost 25%. We didn’t use their given targets, as we like to play more safe and take small profits instead of taking the risk becoming a bag holder. The amount of signals was not too high, though pretty well selected and very well chosen. We have been able to take profit on all of them. Download a sample report here, which shows a massive profit of over 500% if you would have taken all trades. We liked the high level of transparency with this service. We didn’t found the signals of Cryptonizers in any other channel. They are developing them themselve.
Support: Cryptonizers splits his member groups into Alpha and Beta, both groups have an own dedicated chat room, where customers can chit chat and clarify questions if they have doubts on how to do something. The chats are active and this is a great service as newbies are guided to use the crypto signals in best practice. Very straight forward and a good helping hand. In my test phase, I observed the chat closely and the team was always there to help – and the best thing is, he gave good advice to his members, cared for their progress like a good-willed teacher. Additionally they offer a News channel that keeps you up to date with the really important crypto news.
Behaviour in critical situations: We had the luck to test this service while the news came in that the BTC Fork SX2 has been suspended – this drove the markets crazy as you know. Cryptonizers kept their cool in the chatroom and advised in which alts to invest now with the current situation. From our view very good recommendations have been made and we would have taken those, we would have made good gains again.
We specially designed a paid service for people, as we observed that people are spending a lot of money for all this and not getting results. We see a lot of channels given 5000% ROI a month, think logically and then see if that is possible. One more thing we observed is that people have a problem with waiting for trades to reach target, they start getting impatient and eventually sell in loss as the signal took weeks to meet target. Solving that problem we started a service called ” Live like a day trader” this service gives signals or trades which are short term maximum time to reach target is 24 hours. We do not say we have a 100% accuracy, however says that is either lying or is a scam. We have 8-9/10 ratio of success on our trades. Which in turns gives a daily profit of 30-50% ( accumulated) ( means total profit- total loss = accumulated profit) We believe it better to scoop out small profits then running behind those 100-200% coins. That just a mere luck if people get to ride that wave and happens only once or twice. So if you are interested in day trading, getting Inside Info and mid term signals as well.
Paid Membership: To enroll please contact @cryptonizerssuport directly on Telegram. Please consider that the available memberships are strictly capped to be able to provide the needed level of personal support.
Free Crypto Signal Channel: https://t.me/cryptonizers
Additionally we decided to make a small interview with Cryptonizers which can be found here.
The elite channel of Cryptoland combines many different sources of informations, it is like a hub and we can vouch for the claim, that this channel combines great info from many different sources. It is is well worth the money they ask for.
Why join us? You have 9 good reasons:
1) 24/7 Personal Support.
2) Daily 5 Trading Signals at least (we provide Quality rather than Quantity).
3) Coin recommendations based on both technical analysis and fundamental analysis.
4) Short, medium and long term buy signals hours before it is announced in our main channel.
5) EXCLUSIVE: 1800$ worth info from PAID groups (Cliff High’s Web Bot Predictions, Bitcoin Seoul, Dollar Vigilante, Mclero, Suppoman, Premium Channels…).
6) Info about ICOs.
7) Free learning material about Graphs and Charts. We will teach you how to analyze charts to know (optimal entry point) to maximize profit.
8) Portfolio advice.
9) Lifetime access.
Crypto Signals: Cryptoland Elite offers a bunch of signals, they are very active. If you want to follow them all you need to be quick and have patience. Most of the signals are midterm, and we had it often, that the price went down a good chunk of sats after the entry. Though, holding brave, will reward you well in this case. Often the targets have been met 1-2 days later but with a beautiful range. Cryptoland offers short term, mid term, long term and insider trades. We had no chance to check their technical analysis training, portfolio advice – so we can’t report back on this points. It is important to know that Cryptoland Elite acts as a hub of many signal sources, so the business model is a bit different.
The Results: We followed the signals for three days and had a great success with them. We have to admit that we traded the last set of 8 signals on the day the fork has been cancelled, so the results have been extraordinary and might be more much better than usual as we met most often all three of four targets. We spreaded 0.2 BTC over the trades and got a return of 0.31 BTC which equals a growth rate of almost 75%, which could be even more, as we set more conservative targets than recommended.
Support: I got a direct support person, which I was able to ask everything and got satisfying answers.
Behaviour in critical situations: We had the luck to test this service while the news came in that the BTC Fork SX2 has been suspended – this drove the markets crazy as you know. In this special situation Cryptoland kept its cool and handselected 8 coins to invest to profit the most from the situation with an appropriate stop loss suggestion. They have been right in all 8 cases, and if we would have taken them all, we would be far above 100% profit.
Paid Membership: To enroll please contact @TCCINFO directly on Telegram
Free Crypto Signal Channel: https://t.me/cryptolandtrade
Additionally we decided to make a small interview with Cryptoland which can be found here.
Bitcoin Bravado are great, very hard working, reliable traders that offer a monthly report, featuring cute selections of 5 altcoins to invest in. They are not too much into day trading, so don’t expect hourly *plings* on their telegram channel – these are long term crypto signals. Instead they will send the enrolled members a monthly report with a very deep level research of good coins to invest and hold for long term profits. Their telegram channel offers all the important news, their interpretation and from time to time some signals. We just have one report and the trades are running, looking nicely. We will update you with a more in-depth article about Bitcoin Bravado soon. For now, we conclude that there is a great team behind Bitcoin Bravado, that will give you an extensive example with every report on how to do your research right and how to interpret the news that are influencing the markets to move.
Hawkeye Bittrex Signals
The Hakweye Bittrex Signals channel is a cult – over 10k members and a very well-versed trader behind the signals make this completely free channel a huge success. Profund technical analysis, constant updates about the market situation and what matters the most to us: He is very resonsible and reliable and actually cares about his members. A great guide, that will add up greatly to increase your wallet worth. There is no paid crypto signals channel that he offers, so it might be an altruistic trader, that is really out there to help the traders make money. Great guy!
Free Crypto Signal Channel: https://t.me/he_signals
Additionally we decided to make a small interview with Hawkeye Bittrex Signals which can be found here.
We hope you enjoy this small selection of great Crypto Signals sources, as much as there are hundreds of thousands scammy channels outthere, we can vouch for these four. From our deep research, this have been the most promising and if you follow the signals, don’t overreact if the price dips sometimes and just hold until targets are reached, you will have very good chances to make a decent profit with these signal providers.