5 Best Crypto Signals Groups On Telegram

5 Best Crypto Signals Groups On Telegram

I recently went on a mission to find the best crypto signals groups on telegram. An active crypto enthusiast, I wanted to see firsthand what the experience was like signing up to receive paid signals from professional traders. I was particularly curious to learn about the sign up process, the frequency with while signals were posted, and of course, whether the signals were in fact accurate and lucrative.

Crypto signals are becoming an increasingly popular subsection of the cryptocurrency trading community. I knew a little bit about the initial crypto signals group sign-up process… When I joined a signals group, I would receive signals, or trades, from a team of expert traders who research trades then tell you exactly what cryptocurrency to buy and when to sell. My goal was to effectively outsource the work of following and keeping up with trades and make substantial returns in the process. And I knew from friends that the typical sign-up process would include the following steps…

  1. Join a free crypto group on Telegram.
  2. Follow the group's free trade signals to get a sense of their style and success rate, and then, if I liked what I saw in the free group, I would…
  3. Ask the the group's support team to join the paid Telegram group.
  4. Complete sign-up process to receive paid signals; make sure trades are set to auto-follow.

I've heard for a while now about the remarkable success of crypto signals, so I was eager to get started once I knew this was something I wanted to do. However as soon as I started looking to join crypto groups on Telegram, I was overwhelmed by the shear number of options and perhaps more surprisingly, the number of the groups claiming to be the best, offer the best returns, and guarantee my success. It was clear to me that a number of these groups where not going to live up to their promises, and that needed to add a new #1 step to my sign up process:

  1. Research which groups were most trustworthy and THEN…
  2. Join a free crypto group on Telegram.
  3. Follow the group's free trade signals to get a sense of their style and success rate, and then, if I liked what I saw in the free group, I would…
  4. Ask the the group's support team to join the paid Telegram group.
  5. Complete sign-up process to receive paid signals; make sure trades are set to auto-follow.

This is one of the primary areas of focus for this article: share the results of my research with you so that you can benefit from what I discovered are the most trustworthy crypto signals groups on Telegram.

Now, because crypto signals are still a relatively new thing, you might not fully know what they are. Let’s take a quick dive into what exactly crypto signals are. For a more in depth guide on crypto signals, check out our ultimate beginner's guide to cryptocurrency signals.

What Exactly Are Crypto Signals?

At a very basic level, crypto signals are simply a set of trading instructions that tell you when to buy and sell a cryptocurrency. For example, if you are receiving bitcoin signals from a signals group on Telegram, their trade signals will tell you exactly when to buy and sell bitcoin.

I quickly learned that the best crypto signals group on Telegram will format their signals in the following way:

  • Cryptocurrency – you will be told exactly which cryptocurrency you should be buying, for example bitcoin or ethereum
  • Buy – you will be told exactly the price you should be buying
  • Sell – you will also be told when to sell/exit your position so that you can lock in some profits
  • Stop Loss – Finally, you will also be told the stop loss of the trade, so that you know when to exit the position if the trade doesn’t quite go correctly

The best crypto signals groups predominantly operate in Telegram groups with hundreds of members. When the signal provider is ready to issue a trade, they’ll send out a notification that looks like this:

Best Crypto Signals

The call in this example are for people who trade on BitMex. The call told me what cryptocurrency to buy, whether to go short or long, along with the take profit targets, stop loss target and leverage amount.

When I found a good crypto signal provider that knows what they’re doing, I was able to make an excellent return like this:

Best Crypto Signals

Of course, making returns like this is the goal. So without further ado, where is what I discovered are the best crypto signal groups on Telegram.

 

The Top 5 Crypto Signals Groups

1. MYC Signals (@MYC Signals)

MYC Signals comprises of a team of expert cryptocurrency traders with over 5+ years of experience. With more than 2000 members, MYC Signals places a large emphasis on quality, professionalism and customer service – something which no other crypto signals group do.

MYC Signals provide high-quality signals for range of cryptocurrency exchanges including: BitMex, ByBit, Deribit, Binance, Bittrex, Huobi Pro and Bitfinix. Here's how I got started with them below:

Getting started with MYC Signals:

1) Reach out to their admin via Telegram, @MYCSupportBot, as well as to join their free crypto signal group, MYC Signals. Alternatively, if you don’t have Telegram, feel free to contact them via email: [email protected] and they’ll walk you through how to get started.

2) I decided to join both of their premium channels: MYC BitMex Signals VIP and MYC Binance Futures Signals VIP. And I chose to pay for me membership via Bitcoin, but they'll accept any cryptocurrency of your choice or credit card over at their payments page.

3) Once I was all signed up and a “premium member”, the MYC customer service team reached out to me to make sure that I was all set and ready to receive their signals. I was pretty pleased with this kind of support during my onboarding process. I didn't have to take advantage of their support beyond the initial sign up, but it was reassuring for me to know that they tout 24/7 customer service so regardless of my time zone I know I’d get a prompt response.

2. Crypto Trades Today (@CTT)

CTT (Crypto Trades Today) is a solid group that provides crypto signals for those who trade on BitMex and Binance. 

CTT just launched in 2022, and although fairly new, they are already making huge waves and chatter across the crypto signals space. I was a bit skeptical of this group initially because they were so new, but decided to give them a try in the spirit if research… and I could not have been more glad that I did!

The reason was simple: they provided me with some of the best returns I saw and their subscription plans (starting at just $80 per month) are among the most affordable I saw across all the competition.

Their free public channel is very beginner-friendly, providing fresh crypto news, as well as education (crypto terms) and inspiration (quotes).  I also loved their technical analysis for its balance and neutrality, always taking into consideration different possibilities and discussing the scenarios that can unfold from each one.

3. Verified Crypto Traders

Based in Netherlands, Verified Crypto Traders is a remote team spread across many countries, including the: Netherlands, Belgium, Portugal, the UK, and the USA. The best part of getting signals from different countries is that I got 24/7 consulting service and answers to my queries. The company provides in-depth answers, plus the admins of the channel are organized and punctual.

Besides its official website, the team supports a set of Verified Crypto Traders Telegram channels: Verified Crypto News, Verified Crypto Traders, Verified Crypto Result, Verified Crypto Traders Chat, and Automatic Trading Bot. The latter is the main feature of the channel. The bot can buy and sell coins at the best price without interaction with users.

4. 4C Trading

On June 15, 2019, two experienced crypto signals provider, Crypto Addicts and CryptoMedics, merged and gave birth to 4C Trading. Since the channel is still quite new and the results were varied, I am still curious to see if 4C Trading’s crypto signals become the safest and accurate on the market.

4C Trading consists of 15 experienced specialists, each of whom is an expert in a particular field including marketing, sales, finances, IT, development, administration, trading and analysis, and many more. 

The entry-level pack of the channel is designed to give access to traders via chat and live stream while covering market updates as well as trading education. Members of the Trade Room can purchase add-ons like The Signal Add-On, The Investor Add-On, The Smart Add-On, and The Full Pack: Get It All. I haven't tried any of these additional packages yet, so I can't speak to their value, but overall 4C is a solid option and is worth following.

5. WhaleTank

WhaleTank is a team of 12 European and Israeli based traders who strive to profit their clients through safe trading in volatile crypto markets. Their recommendations have long term coin security and they are also able to teach users how to benefit from market fluctuations in the short run. 

When I signed up for WhaleTank’s subscription service, I was granted access to crypto signals and a variety of closed groups where I could talk to other traders and discuss the latest crypto news. I also get access to many other services as a paid member. WhaleTank brings an extensive five year of experience in Forex trading and has been in the crypto market for more than a year. These were nice perks, but because my primary goal was making solid returns, I was less interested in things like the chat feature.

How the best crypto signals groups on telegram trade

So there you have it — after researching and signing up for tons of crypto groups on Telegram, that's my ranking of the the 5 best crypto signals groups on telegram.

Before ending this review, however, I wanted to share a few more lessons I learned as I reviewed the best crypto signals groups, namely, how the best crypto groups tend to trade and make the best returns. Keep reading to learn more about how the best crypto signals providers on telegram have become so profitable.

Leverage Trading

The best crypto signals groups will also often trade with leverage, so it’s important to understand what this is. Crypto signals groups will use leverage trading because it allows you to make a lot more money than you would be able to with regular spot trading, where it is not possible to trade with leverage. For those that do not fully understand what leverage trading is, let’s dive a little deeper.

Now, it’s likely that when you first bought your first cryptocurrency, you did it with a regular spot trading account. So, you likely used your own funds to buy your first crypto. However, buying with leverage allows you to use your owns funds on your account balance plus borrowed funds to purchase crypto. Because you can use borrowed funds to purchase the cryptocurrency, you will actually be able to buy more crypto.

From a trading perspective this is great, because if you can buy more cryptocurrency, you can generate a higher return because you are holding more crypto, so your profits are amplified. Some of the best crypto signals groups in the space and traders in general, are increasing the use of leverage due to the higher gains that can be captured with the use of leverage.

Another related concept to leverage that you need to understand is margin. At a basic level, margin is just the amount of funds that needs to be in your trading account to cover any potential losses that you might make. In order to first trade with leverage, you will need to have sufficient margin that will serve as collateral for that leverage trade.

For example, if Alice wished to buy $10,000 worth of bitcoin, but she could only afford to have $1,000 in her trading account, the amount of margin (that $1,000) would still actually be able to support and make it possible for her to ‘borrow’ that extra $9,000 to do some leverage trading. The $1,000 in her account would serve as sufficient collateral for her to hit that $10,000 mark.

For example, if we assume that the price of bitcoin hits $11,000, and Alice had bought 1 bitcoin at $10,000, this would be a return of 10%, not too bad. But, if Alice had bought with leverage, let’s say using a leverage ratio of 1:10, a price movement from $10,000 to $11,000 would yield a much greater percentage return of 1,000%.

Despite the enormous gains that could be made with leverage trading, it’s important to understand that it can also be risky. Trades can go wrong, and in Alice’s case, if the price of bitcoin fell to $9,000, Alice would have lost her entire $1,000 margin. This is known as being liquidated, and the price at which leveraged trades get liquidated will differ depending on the exchange. So, it’s important to be familiar with the concept of liquidation before placing any leveraged trades.

The best crypto signals groups on Telegram use leveraged trading in a smart way that bring greater returns to their members.

Cross and Isolated margin

Now that you understand what leverage and margin are, it’s time to introduce you to the concept of cross and isolated margin. As we have already mentioned, margin is simply the initial amount of money that needs to be held in your trading account to cover any possible losses that you might incur. But, these losses can be covered in different ways, and we will talk about 2 of those ways: cross margin and isolated margin.

Cross margin allows you to effectively use your entire account balance as collateral for leveraged trades. Whereas with isolated margin, it’s just the initial margin in your trading account that you use that will be used to cover any losses. In other words, isolated margin means that the full amount of funds in your account is not used for any leveraged trades that you make.

Going Long & Short

One of the key advantages of using leverage trading is that you will be able to go both long and short on any trades that you decide to enter. Regular spot trading would not allow you to take short positions, which is very limiting for a trader as you can only make money when the market moves upwards. This is not ideal, as the market obviously moves both up and down. Being able to trade both sides is preferable as there are more trading opportunities to take advantage of.

The best crypto signals group on Telegram will definitely be able to make money if bitcoin goes up or down. However, you can find some crypto signals groups that only take long trades or short trades.

Going long on a trade is very straightforward. It simply involves buying an asset low and then selling it for a higher price than which you bought it for. The difference between your buy and sell price is the profit that you will make.

Going short on a position is a little bit more different to going long. Going short involves borrowing an asset, for example bitcoin, from a willing lender that is then immediately sold at market price. If the price of the asset where to fall, then the asset is repurchased at a lower cost than which you sold it for, and the asset is returned to the lender. The difference between the price you sold for and then repurchased the asset is the profit that you will make on the short trade.

We are definitely seeing an uptick in the amount of traders that are turning to leverage trading, due to the opportunity to generate higher returns when compared to regular spot trading.

Conclusion

There are a wide variety of crypto signal groups to choose from, and I have introduced you to some of the best crypto signals groups that are currently out there.

The advantages of leverage trading are definitely obvious, and as a result it is becoming increasingly used among traders. This, combined with a reliable crypto signals group, can result in you being able to generate very consistent and reliable returns.

One last word of advise is that while I was researching, receiving signals, and reviewing groups, I came across a ton of groups that were clearly scams. Please, do yourself a favor and make sure to do your own research before joining a group. Happy trading!