Many individuals are eager to seize the opportunity and begin trading cryptocurrencies in order to make money, especially when they consider those who purchased Bitcoin before 2017. Many cryptocurrency trading tactics exist, and each trader should choose the one that is most practical for him. We will discuss these tactics – or crypto day trading signals, with you to make your decision easier.
We will discuss daily crypto signals today. The top Telegram groups for crypto signals, their benefits and drawbacks, and some recent advice are all covered in this article. Hence, don’t worry if you become confused in the wide universe of trading signals because the crew at CryptoSignalsHub will help you out!
Day trading crypto signals or daily crypto signals are predictions that indicate the price of a particular coin in the future. As in the case of common trade signals, daily crypto signals can be for long or short positions, with or without leverages. The only difference between day trading crypto signals and common signals is the period of open positions.
Example:
A day trader opens a position today at 9 am. Before opening it, he did a daily technical analysis and got the entries, targets & stop loss predictions. A day trader will close this position today in the evening, and this does not depend on the result.
The main rule of day trading signals is that all the positions that are opened today, should be closed today as well.
Frankly speaking, not many traders like the day trading strategy – many prefer swing crypto signals. The thing is that the level of stress is quite high during the day because traders try to get all the profits possible before they close the position. If you want to trade with daily quality signals and remain calm, you can find a good crypto signals app like Cornix. It automates your trades, and you can leave it active and just come back at the end of the day to close the positions.
Channel | Rate | Supported Exchanges | Prices | Cornix Bot | Last Month Results | Review link |
---|---|---|---|---|---|---|
Binance Killers
Approved
|
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0.013 BTC / 1 month 0.024 BTC / 3 month |
Yes |
387% |
|
Fed. Russian Insiders
Approved
|
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0.012 BTC / 1 month 0.022 BTC / 3 month |
Yes |
323% |
|
Crypto Inner Circle
Approved
|
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500 USDT / 6 month |
Yes |
240% |
|
Wolf of Trading
Approved
|
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N/A / 1 month N/A / 3 month N/A / 6 month |
No |
138% |
|
Wallstreet Queen Official
Approved
|
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150 USD / 1 month 300 USD / 3 month |
No |
178% |
|
Bitcoin Bullets
Approved
|
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0.0175 BTC / 1 month 0.032 BTC / 3 month |
Yes |
319% |
|
Binance Signals
Approved
|
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Free / 1 month Free / 3 month Free / 6 month Free / 12 month |
No |
290% |
|
Rocket Wallet Signals
Approved
|
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150 USD / 1 month 390 USD / 3 month 690 USD / 6 month 990 USD / 12 month |
Yes |
66% |
|
CryptoVirus
Approved
|
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50 USD / 1 month 120 USD / 3 month 230 USD / 6 month 400 USD / 12 month |
Yes |
83% |
|
Fat Pig Signals
Approved
|
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640 USD / 3 month 960 USD / 6 month 1,600 USD / 12 month |
Yes |
56% |
|
OnwardBTC
Approved
|
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69 USD / 1 month 165 USD / 3 month 496 USD / 6 month |
Yes |
65% |
|
AltSignals
Approved
|
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99 GBP / 1 month |
Yes |
70% |
Daily crypto signals can be realistic and fair or absolutely absurd, just like any other trading signals. Our team’s mission is to connect you, as prospective traders, with trustworthy crypto signal providers. Visit our website and choose the top Telegram groups for crypto signals without doing anything else.
But, to make sure you understand our strategy and the due diligence process, we are going to explain the factors we consider while checking every crypto day trading signals group.
Every person who looks for a long-term crypto signals Telegram group wants one thing – profits. That is why, first things first, we check if trade ideas bring profit. According to our experience, the 40-60% of profit per month is a great result of a legit day trading crypto Telegram group.
The reliability of the signal suppliers is also crucial. The percentage of winning signals among all of them is known as accuracy. We must be clear that no crypto trading signal service can guarantee 100% accuracy because the cryptocurrency markets are not entirely predictable. However, 50–75% accuracy is a respectable outcome.
Bitcoin signals Groups on Telegram are not a recent development. Many large con artists stole huge sums of money from rookie traders back in 2017. Because of this, one of our main objectives is to inspect everything, down to the last littlest of details. Hence, we will be able to verify that the channel did not change its identity, increase its subscriber base, or take part in any pump and dump schemes or fraudulent promotions.
Now, our objective is to contrast pricing with profit for crypto day trading signals and precision. We need you to be satisfied with both the profit and the subscription price because many networks set their rates excessively high. To be exact, we can say that average market rates for monthly memberships range from 60 to 90 USD. If you wish to trade with a channel that charges more than $100 per month, make sure you carefully review everything before enrolling.
The quality and speed of the crypto day trading signals admin answer is extremely important when communicating with them. We get in touch with admins, pose questions to ensure a prompt response, and offer insightful and clear explanations.
Before subscribing, go ahead and examine the admin’s degree of communication by going over all the specifics with them. This can help you gauge his demeanor, knowledge of the crypto market, speed, etc.
When a crypto signal provider says he engages in day trading, he should open several positions throughout the trading day. Day traders hardly ever open one position every day. Hence, we determine if there are sufficient and sufficient signs to generate good earnings.
But, we don’t mean that having 10 or more Bitcoin trading signals is a good thing; the number should be appropriate. When it comes to day trading signal services, a good amount of trading signals for cryptocurrencies does not surpass 5-7 trades each day.
Leverage that increases profits is typically used by many day traders. On the other hand, they can also multiply losses from crypto day trading signals. Our objective is to evaluate a trader’s proficiency with leverage. For instance, it raises a red flag for us when we notice signal leverages of 50x or more. Although not a 100% guarantee, 95% of con artists employ high leverage to portray “huge profits” while never disclosing losses.
On Telegram, there are many crypto signals channels that advertise having crypto day trading signals that are routinely broadcast. Also, there are a ton of those on other websites. Nevertheless, if you do your homework, you’ll discover that these lengthy lists are untrue and that there aren’t many channels that provide signals that can be opened and closed in a single trading day.
The CryptoSignalsHub team has spent some time researching the majority of the top crypto signals channels available, and we are now prepared to provide our TOP 3.
One of the best and most effective producers of day trading signals is Rocket Wallet Signals. This group of seasoned traders is offering you more than just signals; they are also giving you tips and tactics that will make you a more effective trader. With almost 7k subscribers, the Rocket Wallet Signal Telegram channel is doing an excellent job at delivering high-quality content.
You can join several different helpful chats on Rocket Wallet Signals, including the one with the VIP day trading signals. At only $150 a month, you can get their signals as part of a subscription.
The best thing about working with these folks is that they have a very high accuracy rate and the support crew responds almost immediately, so you don’t have to worry about receiving a response after business hours.
Another excellent provider of crypto day trading signals is OnwardBTC Signals, which you should unquestionably check out. You can rely on them because they have about 5,000 members and their signals are incredibly precise. The crew at OnwardBTC is quite experienced, and you can see how they are developing.
Their channel’s monthly subscription fee of $69 is also pretty affordable. If you appreciate such things, the OnwardBTC Signals team is offering you profound information, so this will be a wonderful deal. In addition, you have access to the VIP chat, where you may talk to other traders and learn more about all the signals.
One of the best reputations on the market belongs to this channel. We are happy when traders select OnwardBTC since we know they will be happy and make money.
The third channel on our crypto day trading signals list is called Fat Pig Signals. When it comes to producing high-quality signals, this trading crew is excelling. Almost 8,000 people subscribe to the Fat Pig Signals Telegram channel, and they have a very high accuracy rate.
You can join the VIP chat and communicate with other traders for the minimum subscription fee of $640 for three months on this channel.
Because Fat Pig Signals has excellent tactics and highly trustworthy signals, we truly enjoy dealing with them. In addition, the cost is fairly affordable when compared to other channels available.
1. Choose a signals source with a solid track record: It is essential to look at the supplier’s trading results or success rate for previous trades. Be sure the person providing the signals is knowledgeable in stock trading and risk management.
2. Verify signal consistency: It’s crucial to determine whether the signals are dependable and constant before selecting a signal supplier. Make sure that their performance isn’t too volatile as this could result in unneeded losses.
3. Confirm that the service is reasonably priced. Day trading has a high level of risk, and having access to reliable signals can help traders make better choices. Yet, it’s crucial to confirm that the service is reasonable and fits into your spending plan.
4. Verify their dependability: Before subscribing to a crypto day trading signals channel, confirm their dependability by reading evaluations from other traders or consumer comments. While making a decision, rely on reliable sources to ensure that your money is in good hands.
5. Examine the signals: Before making a choice, be sure to check the extensive assessments that the majority of signal providers present for each transaction. If you opt to use the signal provider’s services, this will give you an estimate of the success rate you might anticipate.
6. Keep an eye on performance: Even after joining a signals channel, it’s crucial to keep an eye on how well their trades are doing so that you may make wise judgments and maximize your profits. This will enable you to decide whether the signal service is cost-effective or not.
7. Adapt and adjust: Keep in mind that no trading method is foolproof, therefore it’s critical to modify your approach in light of the signs given. By learning from your prior trading failures and experiences, will assist you in becoming a better trader.
You can choose a signal source that is suitable for your day trading requirements by using the advice in this article. Before joining any signals channel, be sure to conduct enough research; this will help you increase profits and reduce losses.
You can check the signals posted by their team of knowledgeable analysts once you join the Telegram group. The entry and exit points for a certain cryptocurrency are included in each signal, along with other information like the suggested stop loss, take profit goals, and any extra risk management techniques.
Take the time to examine the signals and determine whether they suit with your trading techniques since it’s vital to remember that crypto trading signals are only as good as the analyst who released them.
You should open a position on the relevant cryptocurrency exchange with a buy or sell order once you have determined which signals to use. You might need to manually enter the order’s data or you might be able to link it directly to the signal, depending on your broker and the type of signal.
Once you’ve opened a position, monitor it carefully to make sure the market is moving in your favor. If it occurs, close the position when you reach your stop loss or target price. Close out your position to reduce your losses if the market moves against you.
You can obtain an edge in the markets and advance your trading by subscribing to crypto signals on Telegram. But, it’s crucial to keep in mind that while investing in the crypto markets, gains are never guaranteed and losses are possible. As a result, always conduct your own research and never take on more financial risk than you can bear to lose. You can start day trading crypto signals on Telegram with confidence by adhering to these easy rules.
Sadly, there are some dishonest day trading signal suppliers out there. Before committing to any provider’s services, it is crucial to conduct thorough research. You ought to seek out a service provider with a proven track record of delivering reliable, successful signals. Read reviews of the service provider and look for any complaints as well. You should also look for a company that offers straightforward pricing and thoroughly describes its services. Finally, before signing up for their services, make sure you understand everything and ask any questions you may have. Avoid doing business with a company if they refuse to respond to your inquiries or provide detailed information about its offerings.
You may lessen your risk of falling for a scam by taking the time to do your homework and pick a reputable provider of signals.
It’s crucial to keep in mind that trading signals are not an exact science, and no supplier can promise success. Technical indicators and other techniques that are dependent on market conditions are frequently used to provide indications. As a result, it’s crucial to keep in mind that signals—even those from trustworthy sources—might occasionally convey inaccurate information. Doing your own study and analysis before making any trading decisions is always recommended.
In general, it’s critical to be aware that there are day trading signal suppliers out there who are operating illegally. Yet you can guard against falling for their tricks by being careful and completing your homework.
Of course, when the strategy is used in a clever and proper way, the number of pros will always be higher than the number of cons. Here, we will describe the characteristics of the best crypto signals Telegram group:
The number of pros does not end here – if you choose the best crypto trading signals group, you will get much more benefits like free education packages, free chat, etc.etc.
Even the best crypto trading strategy has its cons, and this can not be avoided even if you choose the best paid crypto signals. Here are the most popular cons you may meet while trading with daily crypto signals:
As you remember, here we described an ideal situation of working with a legit crypto signals provider. If you, by accident, subscribe to a scam crypto group, you may see more cons.
Free signals are a great way to earn some money and check the crypto trading signal service for free. Paid day trading channels also post free crypto signals – at least those that are legit and fair. There is no completely free crypto signals service out there, but you can always stick with free signals and don’t buy a subscription to get VIP crypto trading signals.
You may ask:
“Are free crypto trading signals work enough to earn a lot of money?”
No. A free crypto signal is a great help to check the service to buy the subscription later, but it will not bring you good money.
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