rows · 70% of Safetrading providers have BTC signals telegram channels and regularly post signals on buying and selling BTC. 30% of traders gave preference to margin trading, where almost 70% of . rows · When choosing between crypto calls Telegram groups, one should pay attention to the . May 25, · Types Of Crypto Trade Signals CoinSignals is another Telegram crypto signal service that I have enjoyed using. They provide majorly three types of signals such as BTC based pairs, .
Btc trading signals telegram5 Best Bitcoin Signals Groups On Telegram - Mycryptopedia
It is easy to get tricked by fake and misleading signals groups on Telegram and Slack. But having used some of the genuine Bitcoin and crypto signals group in , I now feel I should share.
Yeah, I am focusing on Telegram because Telegram is the most popular among cryptocurrency users as well as crypto signal providers. Pro Crypto Signals [Recommended]. Pro Crypto Signals is my first pick as I have been using it for some time, and I am impressed so far with whatever they have offered. Any serious trader would want to have short term, midterm, and long term signals. If I may speak in more specific terms, Pro Signals is also an ace in providing Binance, Bittrex, and Poloniex signals.
These three are the most used cryptocurrency exchanges in the world, so this should be a part of any decent crypto signals provider. Lastly, yes, they do have Altcoin and Bitcoin signals at regular intervals to keep you informed about the most relevant cryptocurrency movements. Trading based on curated and well-analyzed TA strategies wins you more often than not.
But yet a lot many crypto traders spread themselves thin by trading on multiple exchanges all at the same time. This can be a massive headache, and the few bucks a trader is trying to save in lure of arbitrage opportunity at other exchanges can cost you a winning trade.
Binance, Bittrex, and Poloniex. Pro Crypto Signals is pretty consistent and believes in giving multiple signals for different types of traders who join their service. The consistency in their free signals itself is a testimony to their dedication and proof of the number of signals they would be giving to their paying customers!!
Crypto trading bots are quickly becoming the new norm of the crypto trading industry. This norm is quickly being followed in paid crypto signals groups too, and Pro Signals service is a pioneer in providing such auto trading in crypto signals space. Anyone would like to join only because they hope to multiply their holdings with decent amounts of profits to justify their subscription enrolment.
Pro Signals takes care of it and provides you with monthly signals reports about each signal made by them. They also track the profit percentage for the signals they provide and using this generic report; you can quickly review your portfolio performance.
You can ask questions and get satisfactory answers here that to 24 x 7, which is a plus point in the cryptosphere because it works round the clock. So why would you want to miss any decent crypto trades which can multiple your crypto holdings? Pro Crypto Signals is a legitimate service serving the crypto users since early with an excellent record of winning history.
CoinSignals is another Telegram crypto signal service that I have enjoyed using. Also, they only believe in technical analysis of charts and mainly provide short term and midterm quality signals by professional traders. Supported number of exchanges is another factor to look in when you choose your signals provider because many providers spread themselves too thin by trading on multiple exchanges. Trading on many exchanges is one of the worse strategies, especially when you are availing for cryptocurrency trading signal groups.
Coin Signals, just like any other signals group, employs the strategy of luring new and interested hobby traders to sign-up for their service. Their free signals crypto is nothing like any other crypto signals Telegram provider and is so far the best free crypto signals to look into. But this is mainly restricted to Bitcoin signals, so if you upgrade to their paid subscriptions, you can get instant access to other altcoin signals too.
If I talk about CoinSignals, they are experts in providing AI-based crypto trading bot, which will make your life a lot easier, and you will not be required to glue to your system to trade. You can easily configure your API keys and use its advance bots to trade on its supported exchanges directly from the Telegram app. Are wondering how? Later on this!! A monthly review of all the signals made by the service helps you to do your analysis effectively.
Universal Crypto Signals is one of the most popular crypto signals service which started in January They are best known for their consistency, signal accuracy, accurate analysis and risk management. Signals also come with both manual and automated trading plans and also dedicated Trollbox for discussing trade ideas. Yo Crypto is another well-respected signal provider in the space.
Yo Crypto is one of the more solid groups that are often consistently producing a return for their members. Making them a solid pick for members looking to generate more returns on their funds. Noticeably, there is less technical analysis that is provided by Yo Crypto, so keep that in mind.
These guys were one of the first on the scene, and have been providing solid returns for their members since day one. WhaleTank concentrate heavily on utilizing technical analysis to identify trade opportunities for their members.
Another important point to remember is that Bitcoin signals providers will often trade Bitcoin using leverage. This is because leverage trading allows you to make significantly more money than regular spot trading. Usually, when you buy bitcoins, you will likely use the funds in your account to do so. However, with leverage trading, you can use your account balance plus borrowed funds to purchase bitcoins.
This has the advantage of allowing you to increase your trading position in trades that you enter, and also means that you could potentially amplify the amount of profits that you could make in a trade.
Leverage trading is becoming an increasingly attractive way to trade bitcoin over regular spot trading due to the significantly higher potential gains that can be captured. Margin is also an important concept that needs to be understood alongside leverage trading. Margin is simply the amount of capital that needs to be in your trading account to cover any possible losses.
It is by initially having sufficient margin in your account that you are then able to leverage trade. This is referred to as the liquidation price. Another important concept to understand that is related to leverage trading and margin is the concept of cross margin and isolated margin.
As we mentioned before, margin is the initial capital required to cover any potential losses and avoid liquidation. However, there are two different ways that potential losses could be covered.
With cross margin, the full amount of funds in your account is used to avoid liquidation. This means that effectively your entire account balance will be used as collateral for any leveraged trade that you make.
With isolated margin, only the initial margin in your trading account that you set will be used to cover any losses and avoid liquidation. In other words, the full amount of funds in your account is not used for any leveraged trade that is made. Another important factor to remember when following bitcoin signals and trading with leverage is that you are able to take both long and short positions.
Usually regular spot trading would only allow you to take long positions. This is extremely restrictive for the average trader, as bitcoin moves both up and down, not just upwards. By being able to only take long positions, the trading opportunities available to a trader is reduced significantly. An example of taking a long position aka going long is simply buying an asset e.
The difference between the buy and sell price is the profit or rate of return that you have made. Conversely, an example of taking a short position aka going short is borrowing an asset e.
If the price of the asset were to then decline, the asset is repurchased at a lower cost and is then returned to the lender. Increasingly, traders are turning to exchanges that allow leverage trading, as they will often allow traders to enter into both long and short positions.
Now, there are quite a few exchanges out there, but by far the most popular exchanges that allow leveraged trades are: Binance Futures and BitMEX. This platform allows users to enter into leveraged long and short positions. Getting started on Binance Futures will first require you to have a regular Binance account. Alternatively, you can also register on Binance by clicking here and following the steps below:.
Take a look at the image below to help. Now that your account is open, you have to fund it before you can start following bitcoin signals or trading on the Binance Futures platform.