ForFlies VIP review
Introduction to ForFlies
ForFlies is a cryptocurrency signal provider that offers valuable insights and information from the world of blockchain. At the helm is Sami Loyal, a well-known figure in the online space, with a significant following across various social media platforms, including Instagram, YouTube, and Telegram. With a substantial audience gathered around them, FORFLIES aims to provide reliable signals to its users. In this article, we'll take a closer look at the service and explore whether or not you can trust their offerings.
ForFlies' website
The ForFlies provider has an official website, and we’ll begin our review there. As shown in the image below, the provider offers four types of services: a free market overview, paid signals, and two additional training options. Further down, the provider highlights its training academy, stating that it comprises a team of experts dedicated to providing essential knowledge for beginners.
This brings us to Sami Loyal, the face behind the provider. He mentions his purchase of a supercar and claims to have created numerous training courses, a Telegram channel, and a YouTube channel. However, he does not clarify whether he has achieved profitability as a trader in the cryptocurrency markets, especially considering that he is only 18 years old.
Below, you can see the benefits of becoming a VIP customer. While no prices are listed, the provider indicates that the pricing for services will be provided upon request, and payments can be made in Bitcoin.
In the academy, the provider teaches essential trading concepts, including technical and fundamental analysis, as well as trader psychology. Interestingly, the provider charges $2,680 USD, payable only in Bitcoin. This is quite a substantial amount. The choice of Bitcoin for payment may be strategic; once the funds are transferred, chargebacks are not possible, unlike traditional bank transactions.
This approach aligns with the provider's disclaimer, which states: “The content posted in this channel is strictly for entertainment purposes only. I will NOT be held liable for any of your personal trading or investing decisions or any losses that you may incur if you decide to trade or invest in the market.”
ForFlies' Social Media
With an impressive 138,000 followers on Instagram, the ForFlies provider has a significant online presence. However, despite this substantial following, the engagement rate appears to be relatively low, standing at around 4%. On average, this translates to approximately 5,000 likes per post, indicating that there may be opportunities to improve audience interaction and engagement.
https://www.instagram.com/samiloyal_/
The provider, Sami Loyal, shares his chart analysis and insights through TradingView profile, where he has maintained the profile since 2017. However, it's worth noting that his profile does not include any specific forecasts or predictions.
https://www.tradingview.com/u/CryptoMafiaVIP/
On YouTube, Sami Loyal has built a significant following, with over 136,000 subscribers to his channel. His videos typically garner around 500 likes and several thousand views each, indicating a moderate level of engagement. The content on his channel primarily focuses on cryptocurrency market analysis and tutorials, offering insights and knowledge to his audience.
https://www.youtube.com/user/Entrt4inment
On platform X, he has a sizable following with 28,000 subscribers. His content is diverse, covering a range of topics including cryptocurrencies, politics, and charts. Notably, he has been active on this platform since 2013, showcasing his dedication and longevity in sharing his thoughts and insights with his audience.
Telegram
The public Telegram channel does not offer specific trading signals; instead, it provides a general analysis of the cryptocurrency market, accompanied by charts and commentary from the provider. Sami Loyal offers a comprehensive analysis of the key assets that are currently relevant in the market. Additionally, you can stay updated with the latest news and developments.
Analyzing the growth graph of Telegram subscribers reveals a declining trend over the past year, with a drop from 21,000 to the current count of 19,000 subscribers. Despite this decline in numbers, the engagement level remains relatively high at over 16%, which is a strong performance compared to many other crypto signal providers. This suggests that while the subscriber base is shrinking, the remaining audience is actively engaged with the content provided.
Here’s a fun fact about this provider: His channel was created in 2017 under the name 'Crypto Mafia GOLD.' Recently, it has been rebranded to 'ForFlies GOLD.
ForFlies' Signals
The provider does not offer specific signals with concrete figures for entering and exiting trades. Instead, we find general analyses and technical commentary provided by the ForFlies. While the chart displays key levels and overall market direction, these can serve as indicators of market sentiment. You can also use this information to compare it with your own analyses and enhance your predictive skills.
Feedbacks
On its website, the provider shares testimonials from customers that appear to endorse its services. However, it is important to approach these testimonials with caution, as they can be easily manipulated or selectively chosen, a practice often referred to as "cherry picking." Similar types of testimonials can also be found on platforms like Telegram.
Furthermore, the provider quickly disclaims responsibility by stating that these reviews are used solely as examples. This disclaimer suggests that the testimonials may not accurately reflect the experiences of all customers and raises concerns about their authenticity. As such, potential clients should be wary of relying solely on these testimonials when evaluating the provider's credibility and effectiveness.
There are reviews of FORFLIES available on the popular platform Trustpilot, where the average rating stands at 4.2. A total of 48 people have submitted reviews, and whether this sample size is considered sufficient is open to your interpretation. Of the reviews, 65% rated the service a 5, while 27% gave it the lowest score.
https://www.trustpilot.com/review/forfliescrypto.com
Many users left positive feedback, with numerous comments praising FORFLIES for its effective training courses. Reviewers noted that the training materials were instrumental in helping students improve their skills in technical analysis.
However, further down the page, we also encounter negative reviews. One client, in 2021, claimed that searching for "Forflies Lies" online reveals supposed evidence of fraud linked to this provider. This customer wrote a detailed blog post outlining their experience of losing money and even created a video on YouTube to share their story.
Conclusion
ForFlies provider seems to be more focused on educating people than on delivering profitable signals. It's telling that subscribers have been declining for a year, which clearly indicates waning interest. A video review from one of his clients is somewhat compelling. Another red flag is the requirement for payment exclusively in bitcoins, which suggests the provider is trying to avoid transparency. And let’s be honest—those supercars at just 18 years old don’t exactly inspire confidence. There’s no evidence anywhere that the provider is actually a profitable trader, nor is there any track record to back it up.
