Trading as Group

[Michael0606 861]

Supposedly it is valid, and it is a good idea to do group trade, since we have several minds doing the analysis and different opinions to debate the price action, which I already in fact with a colleague which we are always in constant analysis  using different strategies, and we deduce where the price will go to later open a position in the market.

[Jessica Karren 1242]

Yes it exits but it's not a good way to do trading. I remember once me and my 2 other friends collectively invests some money in trading but it was not a good experience. The biggest problem we faced is that we all have different opinions and we can't agreed on one combined decision.

[Brushless4500KV 4214]

47 minutes ago, Jessica Karren said:

Yes it exits but it's not a good way to do trading. I remember once me and my 2 other friends collectively invests some money in trading but it was not a good experience. The biggest problem we faced is that we all have different opinions and we can't agreed on one combined decision.

If you and your friends had decided to invest at the end of bearish runs, there would be no argument and difference in opinions because all of you would buy a coin at bottom price and would divide your profit by three so that each investor would receive 1/3 of the total earning after selling in the next bull run. This is the easiest and the most trouble-free trading as a group. But the problem is that there is no extra benefit for group trading because everyone receives his/her profit based on the amount of his capital. If each of you trade separately, you will earn the same.

[IamLeader12 682]

Yes, there are such groups, but usually they are created by close friends, if you have friends who also trade, you can create such a group or find it yourself on forums like this and make friends with someone from it. 

[TheRaed 1247]

I have never heard of that before, but as an idea it is very wonderful and I hope in the future to work with a team so that the work becomes more fun.

[Whited35 15285]

In the crypto world, anything can happen. Well, your friends will enjoy while getting profits from a group tradings then what will be the case after getting losses while performing cryptocurrency tradings ? Crypto trading is itself the riskiest field, I do not think such group trading strategies will last for a long time. 

[Yomose 3704]

2 hours ago, Whited35 said:

In the crypto world, anything can happen. Well, your friends will enjoy while getting profits from a group tradings then what will be the case after getting losses while performing cryptocurrency tradings ? Crypto trading is itself the riskiest field, I do not think such group trading strategies will last for a long time. 

I will not also advise such idea at all. To learn together can be good but to trade together is not making any sense. Learning the trading and experience about it will make someone gain. 

[Sugibengi 390]

I think trading as a group is not profitable, because I have to share my income with other people, and I think it's too complicated and confusing too, it's better to trade as usual. Trade using your own capital independently so that you can become a professional trader.

[Ridam 7455]

You can make a group and share your prediction their and confirm your action with help of members there. But sharing loss and profit with others and even sometime you need to fall in loss because of others bad analysis so i don't recommend trading with combined capital of group members. 

But you could make a group and share and help eachother analysis.

[Whited35 15285]

19 hours ago, Yomose said:

I will not also advise such idea at all. To learn together can be good but to trade together is not making any sense. 

After getting losses, members from a trading group may start to fight with each other 😂! I think Solo trading is the best way because you are yourself responsible for gain or loss while performing cryptocurrency tradings. 

Edited August 13, 2020 by Whited35

[Yomose 3704]

On 5/8/2020 at 6:49 PM, Thekingcallme said:

Yes, trading as a group or as a team working in trading makes you achieve good profits, and the matter is easily done

I think this is not advisable at all, you can get signals from yourselves, but that aside, thinking to contribute coins to trade as a group, I think that is not a good idea at all. I will rather prefer to trade alone in order to be safe. 

[Nikel_jery 49]

Of course it is very difficult to do because each person's mind must be different, but if there is an expert who is trading and the Member believes that person, maybe it can be done.But the expert must be experienced so as not Harm to its members

[Onden 2098]

On 12/7/2019 at 11:45 PM, cryptosix said:

Does Trading as group exists or not?

Did anybody had tried with group exchange on trading? I mean we have 5 friends and want to trade our money in exchange at once. If the profit or loss can be shared equally to everyone.

Is their any third party sites or people where I can join with them and invest money.

In my opinion, this trading method is troublesome, group trading is inefficient and in my opinion it is not profitable, because the results obtained must be shared with other people. It is better to use independent trading so that the profit is also for yourself. Yes, maybe people have different opinions, it's all up to you.

[BullRunBit 2773]

On 12/7/2019 at 5:45 PM, cryptosix said:

Does Trading as group exists or not?

Did anybody had tried with group exchange on trading? I mean we have 5 friends and want to trade our money in exchange at once. If the profit or loss can be shared equally to everyone.

Is their any third party sites or people where I can join with them and invest money.

I read somewhere that there are some website where you can "follow" traders and you can see his previous trade.

I dont know which site exactly but if I find that site I will share here, or you can research by yourself.

And about first part to trade with your friends, why not maybe together you can make bigger profit.

Or together you can find more informations about some coin/token etc.

Point is why not, but of course you must to have some rules like about profit (share) etc.

[jmjams 16]

Education can be carried out often, yet carrying it out together with 5 close friends could be fantastic. When you can take action together with 5 close friends, you will have plenty of money and also investing together with money will probably be far more rewarding. Many thanks a great deal regarding revealing this kind of program with me at night.

[Mike1515 2977]

No one stops you, in fact the fact remains that this is the most promising path anyone can get so we need to follow that path but we need also to really define what is the right choice that we have been given so today , I think having your own time to understand the path in trading only becomes better when you are in a group.

[Irungu 4299]

We started a trading group with some of my friends and it was the best idea ever, because I found that there were so many mistakes that I was doing that would cost me a lot, so the most important thing today is to make sure that we are doing the right thing when decide to analyze whether technical or fundamental that is the only important thing today.

[Abdalrazig 1865]

That's a good idea, I would love to try it with the right people, I guess since we are here making 2$ per day, most of us will be lacking the trading fund, but it would nice to have a group of trader to share profits and knowledge.

[Maaz sultan 265]

I heard these types of strategy on this you may pump any low coin and sell it but i dont have any information about that there are some telegram coin pumping groups .

[Guroo0 47]

By one way or another exchanging as a gathering may be acceptable while everybody has gather his examination and found that is all your investigation you discovered are same

[Tunuu 2235]

Trading as a group i think is one of the best methods of trading because we will trade with different peoples who have different knowledge. You will support each other anytime one of group members make a trade.

[CathyJohnson42 250]

Yeah,I have been trading with a group. In this group,there are 30 members.Here,many professional trader is working. They help us when we fall in a problem.

[luxorif 96]

Trading have a ton of alternatives, however the most ideal choice to exchange bunch with your companions, and I believe it's better if its you 5. exchanging with your companion is truly fun. yet you should all center since the entirety of your cash's are every one of you utilizing. I'm doing this together with my friend, we also own a bot, and it's great to have a friendship on a partnership.

[Cryptokool 14]

On 9/23/2020 at 10:11 AM, Onden said:

In my opinion, this trading method is troublesome, group trading is inefficient and in my opinion it is not profitable, because the results obtained must be shared with other people. It is better to use independent trading so that the profit is also for yourself. Yes, maybe people have different opinions, it's all up to you.

I think there is also trouble when it comes to taxes. How do you explain to your goverment. Totally agreed on your opinion for the rest 🙂 

[BullRunBit 2773]

@cryptosix

This is website which I told you about:

https://primexbt.com/covesting

You can research and find some good trader and follow him, set with which amount you want to follow him and just 

keep track of trades. Honestly I'm not a fan to follow someone and trade like he, but this looks like little different.

P.S. I did not try, but maybe I will in future.