Crypto trading is tricky, and sometimes finding those profitable trades is challenging and time consuming. This is why crypto signals groups are so popular. And while there are various paid signals groups for crypto trading, there is one that I seem to gravitate back to again and again…
Getting Started in Crypto, or GSIC, is a group run by profitable trader Lisa Edwards. If you’re not up to speed on who Lisa Edwards is, well, she’s a well respected Elliot wave trader and crypto influencer based in Australia. She herself makes plenty of money from trading, and she often shares her insights for free on her Twitter.
Way back in the last bull run, around 2020/21, she launched GettingStartedinCrypto.com. I’ve used this service a couple of times, so lets run a review of Getting Started in Crypto paid signals.
Before we do though, lets look at a couple of fundamental questions.
What are paid crypto signals?
A paid signals service is basically where a professional trader shares their insight and gives tips for potentially profitable trades. This is often in the form of potential entry prices and a number of take profit levels (TP) and also stop loss levels.
What this does is take the strain off us casual traders, or even professional traders who want to someone elses insight on potential trades.
To put it really simply: paid signals tell you a point at which to set your bid, target prices, and stop loss levels.
You, the trader, will need to enter the trade yourself on your preferred crypto exchange. You’ll also need to set your own stop loss and take profit levels, which can be the exact levels shared on the platform, or your own (if you’re seeing something else in the analysis).
Who are paid crypto signals for?
Using paid crypto signals might take the strain out of technical analysis for most of us, but don’t assume that these are effortless ways to trade. While they do make it much easier, you still need some degree of knowledge of the market to pick the trades and to perform trades properly.
So although it might sound like paid signals are perfect for absolute beginners, which they are, they are also suited to professional traders too.
I’d suggest that the ideal target market for these types of paid signals are part time day traders or swing traders who are looking for a way to get insight without spending ages in front of Twitter or their own charts. The benefit of these types of signals is that they allow you to get an at-a-glance look at the state of the market and potential projects to look at, without looking at your crypto coins watchlist.
How do you use paid crypto signals?
As you might have gathered, the signals you get here are delivered in a fairly clear manner. In fact, GSIC paid signals are accessible via the dashboard, but you’ll also receive email bulletins every time a signal goes live on the dashboard.
This can mean you end up with shit loads of messages in your inbox about new potential trades you could take. Which is obviously exactly what you want if you’re planning on trading using these signals.
But you can also log into the dashboard and see all the open trades at a glance and decide for yourself if you want to put your own money in.
GSIC works with most of the major crypto exchanges, including Binance, Kucoin, Bitstamp and more.
Now to be clear – THIS IS NOT COPY TRADING. You DO NOT connect your account and the bids are made for you.
Paid signals require you to actually place the trade and manage the entry and exit yourself.
I still get the mailing list stuff for Getting Started in Crypto, and even though I’m not actively trading at the moment, they’re still hitting some good trades and results.
This is a sample from the June 2023 results.
Is Getting Started in Crypto Paid Crypto Signals Any Good?
I have used GSIC about three times, twice during the bull run of 2021, and once during the downturn in 2022. How did it pan out for me?
I’ll be totally clear here and say that the actual quality of the signals is very good. The entry and exit levels are clear and there is even some extra information provided about why a trade might be good.
Within the GSIC dashboard there is also a lot of resources for you to use. These include community chat, trading learning resources, a very comprehensive FAQs and some extras such as scalping signals too.
There is A LOT to get stuck into here. So if we’re talking about value then yes there is a ton of value with your subscription.
How about the actual signals though? Did I make money?
Yes, I did make money. And yes I more than made my subscription price back. In fact, considering that the subscription for the month is $69, it’s a bit of a bargain.
If you are playing with $500 or $1000 then you will very likely make back that $69 very quickly. Perhaps within 3 or 5 trades.
If you’re trading with $2000 or more then you stand a very high chance of making that subscription price back on trade number one. I did actually bank around $500 in profit while using the service the first time, but I was not doing any full time trading. In fact I underused it heavily.
So considering the fact that I was only trading once or twice a week, I was pretty happy with the returns on the GSIC paid signals.
On the last time I used it it was during a downturn (mid 2022) and to be honest everyone was getting wiped out. You can’t fight the market, and most of the trades on GSIC are long trades (there are a few short trades too).
But if the market isn’t shitting its pants, it’s absolutely worth purchasing the Getting Started in Crypto paid signals for $69 for the month.
Should YOU sub to Getting Started in Crypto paid signals?
Are you actively trading crypto but finding it hard to identify entry points or take profits/stop loss levels?
Or, are you learning trading and you need access to a community of traders who know what they’re talking about to help you learn and level up?
Or maybe you’re a full time trader who wants to free up some time to go do something else apart from staring at charts?
All of these are good reasons to subscribe to the Getting Started in Crypto paid signals.
Are you an absolute beginner to crypto trading? Or do you think that crypto is a get rich quick opportunity? Well, it might not be for you. Come back later 🙂
Prefer to get Forex paid signals? Check out our Mindful Trader review.