Are fake AI crypto trading signal groups a scam?
Could you please elaborate on whether fake AI crypto trading signal groups are indeed a scam? I've been hearing about these groups promising huge profits through their sophisticated algorithms, but I'm skeptical about their authenticity. Are these groups genuinely utilizing artificial intelligence to predict market movements, or is it just a ploy to lure unsuspecting investors? How can one distinguish between legitimate AI-based trading signals and fraudulent ones? Are there any tell-tale signs that indicate a group is not trustworthy? Furthermore, what are the potential risks involved in relying on such groups for trading advice? Thank you for your insights.