“Signals” Groups On Telegram

I have noticed that there are a number of “Trading Signals” groups on Telegram, run by different people.

The idea is usually that you sign-up with a trading platform of their choosing which pays them a small commission each time you make a trade.

Then they send the group several trades per day, which everybody follows, and members benefit from the insight/strategy of the group leader.

Typically they announce many wins each day and show stories of members who have made money.

I would have written them off as a bit scammy, mainly because they select platforms which seem a bit dodgey, or have poor ratings on review sites. But some of them are led by quite respectable people in the crypto world.

One is lead by a pretty well-known crypto YouTuber and her brother.

Does anybody know about these groups or have any insight, please?

I won’t lie, I am tempted by one or two of them 🫣