A crypto-signals is a set of guidelines or instructions sent by a provider to help traders decide the crypto to buy or sell, the recommended prices, and stop-loss targets. Crypto-signals are ideas to help traders maximize their profit when trading crypto. A crypto signal will basically include the following information:

  • crypto to buy, e.g., Bitcoin, Ripple, Ethereum, and others;
  • entry price;
  • sell targets;
  • stop loss.
Providers can develop methods to help you receive crypto signals. Most providers send crypto-signals to their users via Telegram for convenience. However, you’ll need to check chats regularly to ensure you get all the signals and minimize the risk while trading. Other providers also send signals via platforms like Discord. So, users who prefer to avoid using social media channels can also find more reliable ways to get crypto-signals.
Crypto-signals can be worth it. Everything depends on how accurate the signals are and how much you invest compared to the profit you stand to make. There’s also a chance they might be wrong, so be careful when choosing a crypto-signals Telegram group. P.S. We’ll help you with this 🙂
Crypto pump signals are messages sent to entice users to buy a certain crypto asset to profit from the price manipulation resulting from the sudden demand increase. The pump and dump channels claim users can then sell the amassed coins at a higher price to make a profit following the demand increase and price inflation.
Binance, Kraken, and Coinbase rank as the best crypto trading platforms across the globe, although there are a number of other reliable crypto exchanges out there. However, crypto investors should consider the security of a platform before signing up. It’s also crucial to check the available coins and trading volumes, as low-volume markets will hurt your sales.
Leverage is using borrowed crypto assets to trade. It amplifies your selling or buying power to allow you to trade more capital than what’s available in your wallet. Depending on your crypto exchange, investors can borrow up to a hundred times what’s available in their account balance. Leverage is available in different forms, including futures contracts, leveraged tokens, and margin trading.
You can find free and paid crypto channels on Telegram and other social media channels. However, check whether the crypto-signals are based on professional analytics, including fundamental or technical analyses, market condition indicators, and news. Start with a free or the most affordable package to ascertain their usability and benefit.
Using crypto-signals is for investors (better call them traders) looking for an active approach to beat the market and make profitable moves. However, crypto investors looking for a more relaxed passive trading approach would be better considering not trading cryptocurrencies but investing sums in them in long term.
You’ll get correct and incorrect signals even when you choose a reliable crypto signal platform. But to avoid being scammed, choose crypto signal platforms that provide technical analysis to help the users understand how they predict future price movements. Also, pay attention to their history, prices (very high or very low is always suspicious) and to the way they provide information regarding trades.
Day trading refers to buying and selling crypto and financial assets within seconds, minutes, or a day to profit from rapid price fluctuations. The activity employs a wide range of strategies and techniques to capitalize on perceived market inefficiencies. It’s not investing in the traditional sense as the trader exploits the inevitable price movements occurring across a trading session.
Swing trading refers to a speculative trading strategy where investors acquire and hold crypto assets expecting to profit from price moves during one or two weeks. Swing traders must leverage technical analysis to know the buy and sell points. However, the fundamental analysis is not as much important here as, for example, in day trading.
The best crypto-signals for day trading are based on fundamental and technical analysis, not just mere estimates. As such, the success rate is important when choosing a crypto signals platform for day trading. Fortunately, all reliable crypto signal platforms display their success rate, and you can read user reviews to verify their authenticity. Day traders also need to consider the frequency of the crypto signals offered. Few signals mean that traders won’t be alerted of enough market opportunities. On the other hand, too many signals might mean the provider is reckless. You’ll also want to pay attention to the trading strategies that a signal provider supports.
As a new trader using crypto-signals, you should limit your trading leverage to 10:1 or maintain it at 1:1 to stay safe. Trading with a high leverage ratio is a common mistake that most new crypto traders make and can lead to financial problems. That’s why crypto trading experts recommend a lower leverage ratio until you’re more experienced with crypto-signals.
There are many crypto-signals Telegram channels on the market that give good crypto trading signals. When choosing the one with the best crypto-signals, pay attention to their free channel, history of the channel (if they changed name or logo and why), reputation, etc.
You can find hundreds of crypto trading signals on the internet, with many providing messages via Telegram or Discord. Try to look for a crypto signals channel that uses a bot like Cornix to send signals – this feature is going to be very helpful during your trading.