Earlier, I came across an interesting article that covered the problems associated with signal groups in the Crypto space. This article goes into incredible details on the dangers associated with signal groups.
However, given the popularity of these groups and how sought after they are, I decided to take a look around and see whether there are any signal groups worth joining.
When conducting my search, I decided upon a number of factors to take into account when searching for a meaningful signals group. While most groups thrive upon making a few calls public—the accurate ones—most calls remain within the private group. It’s impossible to know whether a group’s calls are primarily successful or not.
Thus, I went after a group that offered free access; this way, only if users were highly satisfied, they’d join the premium service. Moreover, I checked whether the group had sufficient usage and established presence in order to test the longevity of the group’s calls.
I Found a Tool
Interestingly, in my search for a signals group that was worthwhile, I instead found a tool which has signals as a part of the suite of resources.
Whaletank is a tool for acquiring coin news, ICO news and reviews, portfolio viewers, and a number of other services. The service also includes signals, which are available for free in this channel, which has over 15,000 members. To assess the legitimacy of this high following, I checked the activity of the service’s community chat, and it has a considerable amount of insights from traders on a daily basis.
News Tools
Whaletank isn’t like a signals group since it’s a toolset. It comes with an impressive dashboard to easily manage and view a portfolio and then acquire news about the coins in the portfolio.
The quantity and frequency of news fed into the dashboard on a daily basis is incredible. The system is almost like a Bloomberg Terminal, but for Crypto. All the news needed to make important decision on a portfolio are actively aggregated into the dashboard.
Moreover, the dashboard actively offers reviews and insight into non-portfolio coins to offer important insights into on-going hodl decisions. Many of these reviews are actually available to free accounts! Though, a few are available to only paid users but any coin can be discussed, in great detail, in the service’s community chat.
Project reviews and coin insights aside, the dashboard also offers a daily dose of important cryptocurrency news—and it’s accessible by free accounts.
Signals
One of the most desirable services on Whaletank are the signals.
The signals have an immense following in the free Telegram channel and free group chat. The signals are noticeably given at a conservative rate. Instead of shooting a rapid pace of calls each day, the signals come at a steady but slow pace and are usually delivered with tight stop losses. Most of the signals are delivered in the premium channel.
Most days, there are a couple of signals and these come with an extensive reasoning which is then discussed within the community chat. The calls try to set a good premium on the upside compared to the down-side drawn from the stop-loss.
Verdict
Whaletank is a good tool as it offers a unique set of services. News is the key driving factor behind most coin movements and acquiring the important news can be tough. So, the Whaletank dashboard pulls all the important portfolio and potential hodl coins news in one place. This is accompanied with a daily dose of updates on industry movers.
The news, review, and coin updates are accompanied with a convenient portfolio builder. To top it off, the tool comes with a large signals group that can be accessed for free. During the time that I’ve watched the group, the calls have been relatively accurate. Though, the profit margins are kept tight as the signals push for locking gains.
If a user likes the free group, he/she can upgrade to the premium version for more signals, delivered with greater detail.
Connect with me:
Crypto News Blockstack ICO Best IEO List Algorand ICO Elrond ICO Elrond Network ICO Zeux ICO Blockchain Lawyers Akropolis IEO How to Store ERC-20 Tokens Comparing Best Hardware Wallets
Hatu my man. Long time no see. 😂
I just upped my SP by a thousand more so expect to get downvoted for just a bit more then the usual.
Welcome to #newsteem. May your stay be a short one.
Posted using Partiko Android
Haha, good to see you again too. :)
Downvoted for disagreement with rewards.
second that
me too
There's nothing wrong with your writing, but this kind of thing is no Old STEEM. It's just not going to work anymore unless you want to lose $$$.
Join the new STEEM, and quit using BOTS.
bid bot abuse, @steemflagrewards.
Steem Flag Rewards mention comment has been approved for SFR Token Issuance!
Tokens will be transferrred when the flagged content reaches payout.
Thank you for reporting this abuse, @slobberchops.
You bought votes to increase the rewards of your post above the value of its content.
This post was submitted via our Discord Community channel. Check us out on the following link!
SFR Discord
well this will be an interesting one to watch to see if this is true at all - so far I don't think the downvotes that have come in are even close to making up the > 25% increase in rewards this post is getting under the new curve compared to the old curve.
Many have jumped on the flag bandwagon, we can only be try to clean this place up. It can't be any worse than before.
definitely not disagreeing with that - I just fail to see the logic in the change in reward curve which seems to me to work exactly counter to benefits from flagging. Posts that get large bid bot votes are getting 25%+ more reward under the new curve... so flags have to remove that extra 25%+ to even get back to the beginning point of the old curve.
It shouldn't be as high as 25%. The 2e12 curve is quite gentle compared to other curves such as N^2. I think it will be less than 10%.
Posted using Partiko Android
I was just basing that on this chart published on @steemitblog, and looking at the chart again you are right that it will be less than 25% but still seems to be quite a bit more than 10%. Tough to read for exact numbers but a post with $80+ pending payout is like what, over 400 steem at current prices... so basically as high as the red line shows on the far right of the chart, which seems to be over 20%?
I cant say I'm a fan of the new curve, the 45/45 + 10 + down-vote pool might have been better. It's alienating a lot of smaller accounts.
yes I totally agree. One interesting thing is that even a post with 100 steem payout under the new curve (currently less than $20 payout) is getting something like 15%(ish) more compared to the old curve... and that post is not going to show up on trending to get flag blasted. If the net effect of these changes is fewer shite bid bot posts on top of trending, but more reward for bid bot posts on aggregate and even more incentive to use bid bots as an author to boost your post up far enough on the curve to gain more reward... is it a win?
This article helps a lot!
I got a lot of information in this article! Thanks for sharing!
Great read and great information. Thanks for an interesting well written article
I have no idea what signal groups are not what the Bloomberg Terminal is. I wonder if this tool can be used on a mobile too.
Posted using Partiko Android
Bloomberg Terminal is a SaaS that helps with news/trading in traditional financial markets. No such thing exists in Crypto, but I think Whaletank is the closest thing we get.
Okay thank you for explaing. It is the second time I hear about Whaletank.
Sorry for the late reply. Comments are not shown to me since HF21 💕
Thanks for sharing!
Reblogged for reference!
Things are progressing so fast! I could hardly catch up with all new things!
True!
This space develops at an incredible pace.
Thanks ever so much for your kind reply. I am always amazed by your ability to understand all the intricacies and technicality of these blockchain stuff!!
Cheers.
Well from your tone of writing its what trying! Let's go ahead and try taking a review!
Posted using Partiko Android
Nice!
You should definitely make a review based on your experience.
Thanks for the info @hatu would definitely give it a try .just a bit curious can we fine tune the dashboard for any crypto ?
Posted using Partiko Android
Yep!
Glad to hear that and about the new tool, I must say and thanks for sharing it with us
Hope you like it. :)
good to know about this thanks for sharing have to look into this
Awesome!
Thank you for sharing this. I appreciate that this is free 😊
Posted using Partiko iOS
Yep, it's rare to find good tools that offer free features.
Stop using bid bots, you can be better than that.
Now let's see how it works - thanks
Welcome!
Welcome to #NewSteem and we support #ShutTheBotsDown as a good content creator you don't need to pay to win.
Congratulations @hatu!
You raised your level and are now a Dolphin!
Vote for @Steemitboard as a witness to get one more award and increased upvotes!
How is it you have 257 upvotes in 9 minutes, but not a single reply? Not even a thanks?
People want to get a piece of that curation pie so they vote blindly.
What's more amazing is they all changed their autovoters to get in under 5mins...looks awfully like fake accounts or account farms to me
Posted using Partiko Android
People would set curation trails on people who are known bid botters so they could get in on the curation, was just a compounding I hope this HF will see reduced. Some are farm accounts, others are set and forgets
257 #oldsteem thinkers
... because he bought the votes LOL
Your level lowered and you are now a Minnow!
Vote for @Steemitboard as a witness to get one more award and increased upvotes!
I see many things in this new face from steemit.
Thank you for the information.
I flagged for grammar, petty good though @hatu, getting better. I found one little flaw:
a meaningful signals group
should be:(I believe):
a meaningful signal group
Since you began by stating they were signal groups?????
Interesting info nevertheless!