If you’re looking for a way to make a few extra bucks in the crypto markets, Telegram crypto signals are the way to go. Signal providers can help you trade cryptocurrency more successfully and can even provide information about upcoming ICOs before they hit exchanges!
In this post we’ll talk about what cryptocurrencies are, how Telegram crypto signals work, and some of the best providers on Telegram today. You will be surprised about all the things that you can do with some of the best Telegram crypto signals providers in the market.
What is Telegram?
Let’s start with the basics: what is Telegram? Telegram is a secure messaging platform that was developed by the Russian entrepreneur, Pavel Durov. It has since become one of the fastest growing messaging platforms in the world, with over 200 million users.
Telegram started out as a tool to help activists and journalists communicate securely in countries with oppressive regimes. It became popular because of its high level of security, and quickly became a tool for those who wanted to participate in ICOs and crypto trading.
Telegram crypto signals are actually the fastest way to get up-to-the-minute news on crypto markets. These signals come in the form of Telegram groups , which are public channels that allow people to share buy/sell orders, technical analysis thoughts, as well as general commentary and news.
Nowadays, Telegram is used by cryptocurrency trading signals groups to share some of the most accurate signals to trade virtual currencies. Users can trade using these signals or just get the latest analyses about the market in order to improve their trading skills.
What are Cryptocurrency Trading Signals?
Cryptocurrency traders who want to make a living out of these assets have no choice but to trade them. And in order to do so, they will need some form of an edge — be it from an expert, professional trader or utilizing a cryptocurrency trading signal service.
A cryptocurrency trading signal service is simply someone who sends out trade recommendations or alerts. It could be an expert in trading cryptocurrencies or a group of individuals who share their knowledge with others.
Each crypto trading signal service provider will have a different theory and method of producing trading signals. Two of the most common methods are technical analysis and fundamental analysis. The idea is to find a particular trend (to determine where to invest) or a particular pattern in cryptocurrency prices that could be profitable if we trade based on those trends or patterns.
A cryptocurrency trading signal service may recommend a particular cryptocurrency to trade, the amount to invest in it or the time to buy it. Although this could be useful for beginners and investors who are new to the world of cryptocurrencies, most traders already know what they are looking for. You will have to find out on your own anyway. That’s why a cryptocurrency trading signal service will also provide you with one or more signals a day.
Telegram Crypto Signals Explained
Crypto trading signals on Telegram are quick updates about the market (pairs like BTC/ETH), which are sent via a message service like Telegram. They’re useful because they give you a look at what the market looks like that day, and help you decide if your setup is correct.
This is a great way to learn the basics of trading Cryptocurrency, and maybe someday you might use these signals to make some profit in Cryptocurrency trading. It all comes down to risk management!
Crypto Trading Signals are also very popular as a way to attract followers on social media platforms like Twitter and Facebook. Cryptocurrency trading signals are usually free, but you need to have a strategy in mind beforehand. It’s recommended that you have at least a basic understanding of the market and that you understand technical analysis to be able to make use of these signals.
Top 3 Telegram Channels
These are the top 3 Telegram channels that share cryptocurrency trading signals to investors from all over the world. It would depend on your needs and trading experience to decide which of these crypto trading signals groups you follow to trade signals.
AltSignals
AltSignals is by far the best cryptocurrency trading signals group in the market. It was launched in 2017 and the team of trading experts behind it is sharing some of the best trading signals for crypto and forex traders.
This trading signals group has already more than 50,000 members and it became one of the largest communities in the market following signals every day. Moreover, they have sent close to 4k signals for several yars now.
Rather than just sharing trading signals with investors, AltSignals is also providing technical and fundamental analysis. That means that investors learn how to trade virtual currencies rather than simply placing trades according to the signals shared.
Users can also trade on some of the largest cryptocurrency exchanges. Some of these exchanges include Binance and Bitmex.
Furthermore, AltSignals is also offering a unique indicator that can be integrated with TradingView. The AltAlgo indicator offers some of the best signals directly to traders that use TradingView on a daily basis.
Signals Blue
Signals Blue is nother popular and recognized cryptocurrency trading signals group. They share trading signals based on knowledge and experience. This trading signals group has a team of specialists and professionals from different countries that share the best information about the market.
The team is offering crypto trading signals with a wide range of payment options. The goal is to offer clients the possibility to learn how to trade in the market and make a profit with the signals they receive.
Thanks to Telegram, Signals Blue shares some of the most advanced trading solutions to investors that want to get information about the virtual currency market. In this way, they do not need to trade alone but they receive valuable information to improve their strategies.
Crypto Classics
Finally, Crypto Classics offers some of the most accurate trading signals in the market. They have been working since 2015. This cryptocurrency trading signals group shares crypto signals to VIP members that will be able to have access to 2 Telegram channels to trade virtual currencies.
Moreover, they will be always sharing with investors educational materials and technical analysis in order for traders to understand how the market could behave and why it is very important to get accurate information.
They have also integrated their signals with Cornix, one of the most popular trading bots in the market. In this way, users can automatically follow trading signals using this bot. Furthermore, with the 24/7 support team, users will be able to get all the information they need on how to set trades up and how to manage a portfolio.
Signals shared by Crypto Classics will include information about the exchange that users should use, the trade type (if this is a long or a short position), the entry price and the percentage of funds that you should use. Finally, the targets at which users can close their position.
