How Accurate is Fat Pig Signals With DeFi Tokens – An Overview

The ICO craze of 2017/18, the rise of smart contracts in 2018, the growing influence of stablecoins in 2019 — Fat Pig Signals stood steady through all of these milestone events in the then barely a decade-long history of the crypto space.

By then, it had also successfully navigated the crypto winter with a much more convincing track record compared to many fellow Telegram trading signal groups. 

So, when the massive DeFi wave hit the crypto shores in the latter half of 2020, it wasn’t really a big surprise to see the group tapping in on the opportunity to make hefty gains.

As you can see in the image above, those numbers do look enticing if you’re on the hunt for a Telegram group offering quality signals for DeFi tokens.

But before we delve any further into the accuracy of Fat Pig Signals with DeFi tokens, let’s first go for a basic overview of the group and the team behind it.

(Just in case you are new to crypto trading and could use some more reading about crypto signals, here’s our detailed guide to everything you need to know about crypto signals groups on Telegram.)

Fat Pig Signals: An Overview

Fat Pig officially launched its crypto trading signal group on Telegram in 2018. As you can imagine, it was not the best time to start a new venture of its kind. After all, the 2017 bull market was almost over and the infamous crypto winter that would later linger on for nearly two years was just on the horizon.

This is probably where Fat Pig started making a mark for itself as the group’s signals continued performing well, raking in sizable profits. 

Fat Pig Signals is led by a group of experienced traders with a proven track record to show for. And yes, that last bit is important given that it has become a norm for pretty much all Telegram trading signal groups to claim that they have the best analysts and traders in the world among them.

With Fat Pig, you get a firsthand account of the quality of the signals and the team behind them. You can find a detailed log of their performance since August 2018 here. 

Fat Pig offers a free-for-all Telegram group and a VIP group for paying users.

The free group is useful if you want to get an idea of what the VIP group has to offer, as well as the overall quality of the signals. However, for your daily dose of DeFi signals, the VIP group is the way to go.

Fat Pig Signals: Services on Offer

• Binance signals with risk management.
• Bybit and Bitmex signals for margin trading.
• Frequent news and market updates.
• Periodic opportunity analysis and special reports.
• Private Facebook group that adds to your social trading experience.
• Portfolio management for your mid and long-term goals.

Now that you have a better understanding of the group, let’s veer towards the central theme of this review — Fat Pig DeFi signals (and how effective they are).

Fat Pig’s DeFi Signals

DeFi Will Continue to Grow in 2021

2021 may have tured out to be the year of non-fungible tokens (NFTs), but the DeFi uptrend is showing no signs yet of an imminent slowdown.

As you can see, the total value locked (TVL) in DeFi continues to be on the rise even today.

For perspective, the TVL at the end of 2018 stood at roughly $300 million and by 2019 end, it grew 266% to move past $800 million. Fast forward a year to the end of 2020, and it recorded a staggering growth to hit $15 billion.

And now, four months into 2021, and the TVL is fast approaching $50 billion already.

But even if we buy into the skepticism surrounding the significance of TVL, the DeFi uptrend would still have enough juice left to rally on.

For example,

• There are already murmurs about financial institutions planning to introduce DeFi to a consumer audience.
• If decentralized exchanges (DEXs) and automated money makers (AMMs) continue to grow at the current pace, which they very may well, that will add significantly to the DeFi’s overall growth in 2021.
• Odds are reasonably high that by the end of 2021, the net amount being borrowed on DeFi platforms could go up by up to a factor of 10.

Note that we’re barely scratching the surface as far as DeFi’s potential in 2021 goes. The broader point is that traders and investors continue to flock towards the popular DeFi tokens even today, which is where the opportunity for Fat Pig Signals lies.

How Good are Fat Pig’s DeFi Signals?

Fat Pig Signals claims to have an Average Coin Market Return (ACMR) of more than 743%. That’s nearly 7.5x of your original investment capital. This is much higher than most of its competitors have achieved so far. And just in case you decide to stick to their top-5 GEM picks, the returns will be even more enticing.

To add more to that, Fat Pig Signals do not confine itself to any particular ecosystem. From ETH to Binance Smart Chain – it covers tokens from every ecosystem so long as they show potential.

Another factor adding charm to Fat Pig Signals is that it tries to keep all signals, including the DeFi signals, easily accessible to even newbies.

Even the technical analyses that build the core of their DeFi signals are easy to grasp, provided you have a basic understanding of the market.

Apart from quality trading signals for your favorite DeFi tokens, the access to practically endless educational content and DeFi-focused special reports is another huge perk.

Final Thoughts

The only bone of contention you could have with Fat Pig Signals is the relatively high subscription fee. There are three membership plans to choose from, including:

As you can see, the price is clearly on the higher side. For serious traders, however, especially those looking to make the most out of the ongoing DeFi uptrend, Fat Pig Signals is definitely an option worth mulling over.

The post How Accurate is Fat Pig Signals With DeFi Tokens – An Overview appeared first on BeInCrypto.

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