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Fat Pig Signals Review– A Crypto Signals Group Going Strong Since 2017 – CoinCheckup Blog


There’s multiple ways that one can approach investing in cryptocurrency. Some investors prefer a more passive approach, buying cryptocurrencies and simply holding them for long periods of time. Others want to engage in the market more actively, and grow their crypto stack through trading. The second strategy comes with a higher degree of risk, but can also be much more lucrative than passive holding.

However, trading is not easy to get into – not only do you have to understand the complexities of technical analysis, you also need to have a solid risk management and stay up-to-date with the latest developments in the cryptocurrency industry. Monitoring trades and looking for new opportunities is very time-consuming, and not everyone can afford to spend multiple hours of their day looking at price charts, let alone acquiring the knowledge necessary to trade successfully.

For those that would like to trade the cryptocurrency markets, crypto signals groups can provide a major boost to profitability. In these groups, experienced cryptocurrency traders provide trading ideas based on technical analysis, and include key price levels where traders should look to either secure their profits or sell to avoid further losses. In this article, we will be checking out Fat Pig Signals, a crypto signals group established in 2017. Fat Pig Signals offers a public Telegram group that can be accessed by anyone, as well as a  paid VIP service for traders that are after the best crypto signals. The group provides general market updates and occasionally also features analysis that is originally published in the VIP group.

What does a signal from Fat Pig Signals look like?

A signal sent through the Fat Pig Signals VIP Service contains all the information necessary for a trader to enter a position, as well as technical analysis of the chart in question that that explains the logic behind the signal.

A signal first describes the type of trade (margin scalp, spot market trade etc.) and the trading pair. It also includes the recommended entry point, stop loss levels, as well as targets. Each signal will include multiple targets, which allows traders to execute the trade according to their risk tolerance. For example, some traders might be happy to collect their profits when the first target or second target is reached, while others might want to continue holding their position in hopes of maximizing gains.

The signals also evaluated in terms of R/R (risk/return), which helps traders choose the signals they think are worth following. Signals designed for margin trading include the recommended leverage.

Fat Pig Signals publishes signals for a huge variety of different crypto assets. You can find signals for major pairs like BTC/USD or ETH/USD, DeFi tokens such as LINK, UNI, BAL, UMA, as well as low-market cap altcoins. So, it doesn’t matter if you prefer to stick with more established cryptocurrencies or if you’re also comfortable with holding the more volatile low-caps – Fat Pig Signals has you covered. The Fat Pig Signals service provides signals for pairs listed on the Binance exchange, which has one of the most extensive selections of listed cryptocurrencies in the entire industry.

Performance

Fat Pig Signals most commonly publishes signals for various cryptocurrencies that are traded against BTC. An archive of their signals can be found in this regularly updated spreadsheet, which showcases the results of over 550 signals. Unsurprisingly, the results have been strong recently as we are currently in the midst of a bull market for cryptocurrencies. However, the signals also performed very well in 2018, a year that most cryptocurrency enthusiasts remember as »crypto winter« due to the vast majority of cryptocurrencies suffering massive crashes from their all-time highs.

In addition to the results spreadsheet, you can also get some information about how their signals have performed at the Fat Pig Signals website.

As an example, here we can see how various DeFi tokens have performed after they were recommended by Fat Pig Signals. Obviously, the figures in the image represent the best possible scenario – buying at the entry point and selling at the very top. In real-life scenarios, traders will see lower gains, but it does show that the entry prices suggested by Fat Pig Signals provided very strong opportunities for making profitable trades.

Aditional features

While trading signals will definitely be the most attractive part of the Fat Pig Signals offering for most users, joining the group also comes with some additional perks. Users receive updates about the most relevant news for the cryptocurrency and blockchain industry, get access to a private Facebook group, special reports about specific opportunities in crypto (for example DeFi),

Pricing

Fat Pig Signals offers 3 different packages for its VIP service. As of the time of writing, here are the prices:

  • 3 months: 0.5 ETH (translates to 0.166 ETH per month)
  • 6 months: 0.75 ETH (translates to 0.125 ETH per month)
  • 12 months: 1.25 ETH (translates to 0.104 ETH per month)

The 12-month option is obviously the most cost-efficient, but not everyone might be willing to spend 1.25 ETH right away, so there are also shorter subscriptions with less of an upfront cost.

Traders who are undecided on whether they want to go for the paid subscription can still get some valuable information from the public Fat Pig Signals group, which is completely free of charge.

The Fat Pig Signals VIP Service has managed to attract more than 8,000 subscribers, which is an indication that many traders view the group as a reliable source of cryptocurrency trading signals. Regardless of the group’s considerable size, admins will usually respond to user questions within a 24-hour window, so any potential issues should be cleared up relatively quickly.

The bottom line

Fat Pig Signals has been going strong since 2017, and has a well-rounded offering that has something for every type of cryptocurrency trader. The signals cover all types of different cryptocurrencies, and provide all the necessary information to perform successful trades, even though it’s ultimately on the users themselves to stick to the plan. Since the public Telegram channel can be accessed for free, users can get a taste of what Fat Pig Signals is all about before deciding if they want to opt for the paid subscription service.

Of course, Fat Pig Signals isn’t for everyone – some crypto investors prefer to simply HODL, and don’t want to put their crypto holdings at risk by trading. But for those that do want to take a more active approach to their cryptocurrency investing, Fat Pig Signals is definitely a service worth considering.





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