Some advice for those who want to join paid groups.
Recently, I've also joined some paid groups, usually run by someone who has achieved pretty good results through certain meme coins, contracts, or new listings, and then they show off their results (everyone shows off when they make money; who would post when they lose?).
This can create an illusion for outsiders that this person is really impressive, with a very high win rate, and that if they follow them, they can also make money like them.
Then these people who show off their results will find that quite a few people are looking for them, so they can start building paid groups.
Next is the key point:
1. You need to carefully consider your financial situation. Typically, the average price for a paid group is around 100 U/month, so I estimate it to be 1000 U a year. You need to think about how much your principal can support.
For example: if your entry capital is 1000 U, and you spend 100 U to join the group, you have 900 U left. You need to obtain a code that can yield over 10% profit to recover the group fee.
This is an ideal situation. The person starting the group won't say how strong they are; even Buffett doesn't have a 100% win rate, let alone someone who is not very wealthy themselves charging for a group.
So even if luck is on your side and the calls made are correct, would you dare to go all in with your 900 U on their call?
This does not consider that the calls they make can also be losing ones.
Those with really impressive win rates can easily go to exchanges and work as traders, earning even more commissions.
2. After joining the group, you will find, damn it, why do I lose money just by buying as soon as I join the group.
This is what I mentioned earlier; people only show off their profitable trades, who would post their losses?
Once you join the group, you'll realize that there are quite a few losing calls as well. Slowly, your capital gets consumed and worn down. Even if you come across profitable trades, your chips and confidence will drop, resulting in lower profits. You might end up not making back the group fee and even losing money after a month.
Of course, these are just some suggestions I have for everyone. The biggest key is the ratio of your principal in the circle to the group fee; you need to have enough capital to casually earn back the group fee. Don't think about using a small knife to cut down a big tree.
Remember one thing: even if the person running a paid group is very impressive, their win rate will not be 100%. This should be taken into consideration. Many groups look glamorous before you enter, but after joining, you find that the codes they provide can be found on Twitter with a little time. As for those leading coins and meme coins, they are even more uncertain. You have to invest real money, and a loss is a loss.
If I were to start a group, I wouldn't charge; if I make money, my group members can just give me a red envelope.
2. After joining the group, you will find, damn it, why do I lose money just by buying as soon as I join the group? This is what I mentioned earlier; people only show off their profitable trades, who would post their losses? Once you join the group, you'll realize that there are quite a few losing calls as well. Slowly, your capital gets consumed and worn down. Even if you come across profitable trades, your chips and confidence will drop, resulting in lower profits. You might end up not making back the group fee and even losing money after a month.
Of course, these are just some suggestions I have for everyone. The biggest key is the ratio of your principal in the circle to the group fee; you need to have enough capital to casually earn back the group fee. Don't think about using a small knife to cut down a big tree.
Remember one thing: even if the person running a paid group is very impressive, their win rate will not be 100%. This should be taken into consideration. Many groups look glamorous before you enter, but after joining, you find that the codes they provide can be found on Twitter with a little time. As for those leading coins and meme coins, they are even more uncertain. You have to invest real money, and a loss is a loss. If I were to start a group, I wouldn't charge; if I make money, my group members can just give me a red envelope.
