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Topic: Do not invest based on the "telegram community" - page 4. (Read 712 times)

full member
Activity: 1330
Merit: 147
In one side telegram or another social media which being used as a group of crypto user is really needed. They (the people on the group) can easily turn their information each other, so as through this group their understanding/knowledge against cryptocurrency will increase. Then I think, if I compare when we read an article will be hard to understood if we read it by ourselve but if we make a discussion on the group (telegram and etc) it usually will be easy to be unsderstood.

Yeah Indeed, in another side we can't disown that the scammer will be easy to join and try to scamming the poeple there. And I think it will be good the user on the group must be aware and fight against scammer. Also, they must know that the project is scam or legit and he can tell to another user to avoid it. Unless, if we come the telegram channel which was filled by scammer then I'll bet we can't avoid from their offers.
sr. member
Activity: 756
Merit: 251
Back in 2017, many ICO projects pride themselves of having one of the biggest telegram community. Some of them would market it as a proof or sign that many investors believe in their project. People who have been around all know that most members there are airdrop/bounty hunters who only joined to qualify for the reward.

I also saw one post earlier asking for telegram group members and one of the condition the buyer posted is that it "needs to look real".

Anyway, this post is just a reminder to beginners in crypto. We don't want you to fall for these tricks to lure you into investing into their projects.

Every one should be aware of this. The only potential victim to this kind of scheme are newbies. This is a good thread to remind the newbies that it does not mean that because a channel has many members, it is already legit. They need to be aware that members in telegram channels can be farmed, bought, or created for the sake of having high numbers.
member
Activity: 546
Merit: 21
Telegram is really bad for one thing, fake accounts or bots to make the group full like they are real people, this can't be used to judge a project, when i was a newbie i used to look at how many people are in a new project group but later i detect its all lies
sr. member
Activity: 1484
Merit: 253
Back in 2017, many ICO projects pride themselves of having one of the biggest telegram community. Some of them would market it as a proof or sign that many investors believe in their project. People who have been around all know that most members there are airdrop/bounty hunters who only joined to qualify for the reward.

I also saw one post earlier asking for telegram group members and one of the condition the buyer posted is that it "needs to look real".

Anyway, this post is just a reminder to beginners in crypto. We don't want you to fall for these tricks to lure you into investing into their projects.

I agree that we should not invest based only on the size of the community in the telegram group. The number of members in the telegram group does not reflect the project or investment interest. In my opinion, it's better when deciding on investments, based on liquidity and active trading in the market

As I remember when I joined bounty project some of them want us to invite those friend we have and they give us tokens and in the end of their tokens have no value at all. When the bounty runs for long period of time their projects are so mesmerising and try their best to convince and unfortunately they didn't response in telegram. Hopefully each of us must aware this kind of strategy.
member
Activity: 756
Merit: 12
Back in 2017, many ICO projects pride themselves of having one of the biggest telegram community. Some of them would market it as a proof or sign that many investors believe in their project. People who have been around all know that most members there are airdrop/bounty hunters who only joined to qualify for the reward.

I also saw one post earlier asking for telegram group members and one of the condition the buyer posted is that it "needs to look real".

Anyway, this post is just a reminder to beginners in crypto. We don't want you to fall for these tricks to lure you into investing into their projects.

I agree that we should not invest based only on the size of the community in the telegram group. The number of members in the telegram group does not reflect the project or investment interest. In my opinion, it's better when deciding on investments, based on liquidity and active trading in the market
legendary
Activity: 2646
Merit: 1815
Rollbit.com | Crypto Futures
In regards to this, there are still highly manipulative practices that occur, that's with groups in excess of 15-20k members.

Most naturally grown Telegram groups consist of 5-15k members, before a sale is finished or finalized. Anything ranging from 20-100k, that was made post-2018, is consisted of fake, accounts pulled from other groups and other highly manipulative practices. These types of crypto groups you should always avoid.

Concurrently, there are a lot of "influencer" groups consisting of a few thousand members, with a crazy amount of activity. These are also highly faked telegram groups, running bots with fake messages and or paid messages for a specific time, to make the group appear active in order to sell AMAs or other public events for crypto teams. If you're serious about crypto in any way, then you won't be in these groups listening to some guy talking about the latest coin he's shilling. It's great for quick research, but always know these guys are in it for themselves, they are ultimately looking to profit from your voice, time and activity; just like any tech company in the real world. "Data is king."


All in all, when in doubt, view groups like Binance's groups, Binance's shilled IEOs and see how many members they have. Chances are, it will denote a reasonable Telegram group community size for any given period in the broader crypto market.


Also, as OP said, never invest based on the groups. A lot of shills, a lot of FOMO, a lot of nonsense and a lot more shady motherfuckers; all there to solely manipulate your thoughts. Even worse are the groups who ban users for giving critical feedback (in a non-shit talk way), because it may cause other users to ask the same questions.

The weapons they have to influence new investors or new people in the crypto world are with their social media groups such as telegrams. I have seen and found many groups like that with more than 50 thousand members and there are even some double groups that are distinguished only by the numbers group1, group2, group3 etc. and all the members they have are so many that even one telegram group can no longer accept members.

Just as you mean, when we as group members join and make critical comments they will not be happy, they will immediately block us or kick us from the group before other members think critically too and comment on the same thing, this is what they avoid. Admin and bot that they have very much and are always active.

From the many experiences that I have gained, a group with many members does not guarantee the project is genuine. They just use it to do "BIG ANNOUNCEMENT", whether it's for FOMO, large-scale project promotions with lots of discounts and more. The most important thing is to continue to do research first and discuss together with members in this forum.
full member
Activity: 952
Merit: 104
For me it's okay to invest coins based in the telegram, but of course always need an own analysis before to invest use telegram as guide not depending your all decision. Be always wise for the security of our investment to avoid lot of risk and loses.
sr. member
Activity: 1204
Merit: 253
Undeads.com - P2E Runner Game
True, new investors are looking and interested in the former in their large community that the Kalo Dilogika will help the development of their project.
But the reality is they are just an airdrop or a bounty hunter to get the coins from the project for free. Therefore we can not be patting on telegram but must be of some aspect.
full member
Activity: 966
Merit: 153
Do people still do that? Invest in Bitcoin or any cryptocurrency base on what some people state in a telegram group?
I don't think anyone who have been into cryptocurrency since 2017 would do that but instead those who just started out recently.
Telegram is a great platform but 'never' you trust any community there. Especially those of the trading signals.
sr. member
Activity: 1246
Merit: 285
Do not make quantity as a reference, it can all be manipulated easily by scammers, pay attention to the many social media that provide services for making certain social media accounts with a very affordable fee.  Analyze the quality, it will be more effective and accurate.  moreover, most bounties and airdrops require participants to join the group, so the telegram group project is not purely filled with interested investors.
sr. member
Activity: 1414
Merit: 254

Many of the members of such groups have been added by someone without their will. Before giving some settings to the telegram, everyday I met several groups that I did not voluntarily participate. I would also like to help the newbies make these settings: https://medium.com/metacert/protect-yourself-from-cryptocurrency-scams-on-telegram-with-privacy-settings-64cbd2c8c7ad

Yes, I encountered that a lot. Someone adding me for no reason.
I just delete the group whenever I see one that I'm not familiar of.
I haven't change my settings as I'm too lazy. Thanks for that reminder.
It's good if you care about that and immediately go out and delete the group, but most people don't care about it, they just turn off the notification tone, or because they not active anymore in the telegram, but clearly they were put there unofficially.
hero member
Activity: 2744
Merit: 588

Many of the members of such groups have been added by someone without their will. Before giving some settings to the telegram, everyday I met several groups that I did not voluntarily participate. I would also like to help the newbies make these settings: https://medium.com/metacert/protect-yourself-from-cryptocurrency-scams-on-telegram-with-privacy-settings-64cbd2c8c7ad

Yes, I encountered that a lot. Someone adding me for no reason.
I just delete the group whenever I see one that I'm not familiar of.
I haven't change my settings as I'm too lazy. Thanks for that reminder.

But, I really don't invest based on how big the telegram community is.
We all know that some projects are getting services from third party to increase the number of their members.
You will notice that once the IEO or ICO is finished, most of them will delete the account or not active anymore.
sr. member
Activity: 1400
Merit: 283
DGbet.fun - Crypto Sportsbook
I'm not interested in telegram community for investing because one of I know are those are not real.
On why Its not real cause of this so many bots in the channel and Ill think the only active in a channel its almost 5 or 6 people.
So we need to be careful of this, don't trust of how many members they have. The focus we need is the important of project and have a future if we invest  in trusted project.
hero member
Activity: 1470
Merit: 509
In regards to this, there are still highly manipulative practices that occur, that's with groups in excess of 15-20k members.

Most naturally grown Telegram groups consist of 5-15k members, before a sale is finished or finalized. Anything ranging from 20-100k, that was made post-2018, is consisted of fake, accounts pulled from other groups and other highly manipulative practices. These types of crypto groups you should always avoid.

Concurrently, there are a lot of "influencer" groups consisting of a few thousand members, with a crazy amount of activity. These are also highly faked telegram groups, running bots with fake messages and or paid messages for a specific time, to make the group appear active in order to sell AMAs or other public events for crypto teams. If you're serious about crypto in any way, then you won't be in these groups listening to some guy talking about the latest coin he's shilling. It's great for quick research, but always know these guys are in it for themselves, they are ultimately looking to profit from your voice, time and activity; just like any tech company in the real world. "Data is king."


All in all, when in doubt, view groups like Binance's groups, Binance's shilled IEOs and see how many members they have. Chances are, it will denote a reasonable Telegram group community size for any given period in the broader crypto market.


Also, as OP said, never invest based on the groups. A lot of shills, a lot of FOMO, a lot of nonsense and a lot more shady motherfuckers; all there to solely manipulate your thoughts. Even worse are the groups who ban users for giving critical feedback (in a non-shit talk way), because it may cause other users to ask the same questions.
Many of the members of such groups have been added by someone without their will. Before giving some settings to the telegram, everyday I met several groups that I did not voluntarily participate. I would also like to help the newbies make these settings: https://medium.com/metacert/protect-yourself-from-cryptocurrency-scams-on-telegram-with-privacy-settings-64cbd2c8c7ad
sr. member
Activity: 1442
Merit: 265
You are right, also apart from bounty/airdrop hunters in the telegram groups there have been thousands of fake and bot accounts that teams can use to show big numbers in their telegram channel just to show the big community and onterest in their project which is all fake because there are hardly any real supporters or investors in their channel.
hero member
Activity: 1666
Merit: 753
It would be an absolutely terrible idea for anyone.

Telegram communities are full of shills, first of all. Not only that, the admin has power to delete all messages that are contrary to the agenda that they are pushing themselves, which leaves room for tons of abuse.

A community should just be a forum for discussion, it should not be the judging or decisive factor in looking at a altcoin project or ICO.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
Obviously those are scam projects. They make people join those groups and then collect different information from them. They kick people from the groups who realize their plan or say something against them. Once they have gained enough peoples trust, they looks for investors (thoses they managed to fool) within that community and then runs away abandoning the community.
Again, they build those "telegram community" quite easily either through paying people to join the group or by adding bot. They fake the size of the community so that naive people thinks that the community is quite active. That is why it is always better to analyze any project before investing.
sr. member
Activity: 1568
Merit: 321
★777Coin.com★ Fun BTC Casino!
Back in 2017, many ICO projects pride themselves of having one of the biggest telegram community. Some of them would market it as a proof or sign that many investors believe in their project. People who have been around all know that most members there are airdrop/bounty hunters who only joined to qualify for the reward.

I also saw one post earlier asking for telegram group members and one of the condition the buyer posted is that it "needs to look real".

Anyway, this post is just a reminder to beginners in crypto. We don't want you to fall for these tricks to lure you into investing into their projects.


Is there anyone who actually makes purchases accordingly?
I don't think so. So you can have a 100K Telegram channel for just a few hundred dollars. Thousands of boats flock to your channel in a few days. You can tell some of them everything you want.

At least I don't believe those who follow this forum will do something like this.
sr. member
Activity: 793
Merit: 250
You can buy telegram members or you can get them even for free when you run a bounty campaign. So the number of telegram members has absolutely no role at all. Care more about the facts like: already working product or big experienced team.
copper member
Activity: 420
Merit: 26
Back in 2017, many ICO projects pride themselves of having one of the biggest telegram community. Some of them would market it as a proof or sign that many investors believe in their project. People who have been around all know that most members there are airdrop/bounty hunters who only joined to qualify for the reward.

I also saw one post earlier asking for telegram group members and one of the condition the buyer posted is that it "needs to look real".

Anyway, this post is just a reminder to beginners in crypto. We don't want you to fall for these tricks to lure you into investing into their projects.
This was the trend in 2017, i remember Bitcoin White (BTW) Now BitWhite was among the first Cryptocurrency Project to break the 100K Mark in telegram group member, making telegram itself to improve on their platform. It was so nice that they (BTW) have to create other telegram communities as an extension of the main group. But it is what it is as this doesn't guarantee the success of any project. The community is probably filled up with much BOTs, Airdroppers and Bounty Hunters who are in for their reward for carrying out some task. Another then was Rebellious (REBL), but i doubt if these project still exist till date as the developers might have probably abandon the project and run another.

The Crypto space have really seen a lot of Good side and Bad Side as well and telegram member doesn't in any way ensure the success of any project out there. Let keep watching this out and hope the best will come some day. 
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