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Topic: Importance of social media channels (Read 3969 times)

member
Activity: 372
Merit: 10
November 16, 2023, 02:21:54 PM
Not only Token swap, Smart contract swap or bounty update but also project partnership, news of their project developments, exchange listing, giveaway, liquidation and staking offers as well as so much things they usually share on theres social media channels. Even this year lots of news which cause the project pump or dump In upcoming days. So if you are a investor of a project, it is very important to check those social channels. That will bring many opportunities
full member
Activity: 760
Merit: 109
PredX - AI-Powered Prediction Market
October 11, 2023, 06:30:53 PM
Quote from: Psynthax
added one more really maddening things is that sometime the swap require one to pay taxes in which gonna reduce the rewards significantly sometime the taxes was about 50% which is quite ridiculous enough
i didn’t experience such fee till now that is required by team. Because of bear run is underway, i didn’t take part in any project for long. Maybe meanwhile some team members start applying this trick with bounty hunters to fall them into trouble by not giving them their reward they deserved. If so, then that will be very injustice, even asking half fee from whole asset, is so inhumane. Legit project will never do that for sake of their reputation
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
October 04, 2023, 02:52:45 AM
I mean it's a good tool but people rely too much on these social media channels only.  It's definitely useful to know what's going on day in day out but it can skew you the wrong way too.  I've had situations where I was planning on buying a coin but saw the toxic community on a particular outlet and never bought in.  Huge opportunity loss once that coin pumped.

Most likely when the manager cannot handle well their members, investors always find it as a red flag and will never make it a good reason to invest in such a project. because it should always be normal to consider we have a friendly social media manager before even starting research about the project we are about to invest in. After we have someone who can easily answer our questions, we can proceed to research the project and know the team behind it.

Yup, managers and developers needs to work alongside with their investors without proper communication the project might seems like a scam and investors will not be interested, social media channles are one of the venue where investors can reach to the developers and the team behind the project, if they can get some updates and news from the team investors will be glad to continue following and supporting the project, and possible to bring more people to invest with the project.
sr. member
Activity: 490
Merit: 294
October 02, 2023, 07:31:31 AM
Can be associated with some important social accounts. It is better to connect with all those social accounts from which important information can be known. If you are a bounty hunter and you are working on different projects then you must join Telegram group of different managers. By joining Telegram groups of different managers, you can know through that Telegram group when a project will be distributed or when you need to create an account or how to do your account KYC verification. All these groups should be joined by every member just to know. But there are some social groups in which you will never know anything good by joining them, in my opinion it is better not to join them.
hero member
Activity: 2268
Merit: 588
You own the pen
October 02, 2023, 06:40:46 AM
I mean it's a good tool but people rely too much on these social media channels only.  It's definitely useful to know what's going on day in day out but it can skew you the wrong way too.  I've had situations where I was planning on buying a coin but saw the toxic community on a particular outlet and never bought in.  Huge opportunity loss once that coin pumped.

Most likely when the manager cannot handle well their members, investors always find it as a red flag and will never make it a good reason to invest in such a project. because it should always be normal to consider we have a friendly social media manager before even starting research about the project we are about to invest in. After we have someone who can easily answer our questions, we can proceed to research the project and know the team behind it.
sr. member
Activity: 532
Merit: 251
Leading Crypto Sports Betting & Casino Platform
October 02, 2023, 06:27:00 AM
It's very important to have connection with all the possible social media accounts if you are investing in a project for getting update and announcement. However, I doubt many investors use social media. Also, all these updates are available in all the coin tracking websites. I think most people just keep tracking information from such sites.


Crypto channels for crypto information are tied to and study minute crypto marketplaces. They provide an in-depth examination of crypto trading. Both experienced traders and those just getting started in trading can benefit from the regular updates. And those who are establishing a trading community that can prosper through successful trade collaboration However, the majority of users abuse these networks to scam people and earn money. Genuine platforms are accessible to those who can put their trust in them, but it's important to be careful of fraudulent individuals who may provide misinformation or make false promises. Therefore, please avoid paying anyone to help you trade cryptocurrency and instead rely mostly on websites that offer live trading analysis.
hero member
Activity: 1232
Merit: 516
September 15, 2023, 02:19:25 PM
I mean it's a good tool but people rely too much on these social media channels only.  It's definitely useful to know what's going on day in day out but it can skew you the wrong way too.  I've had situations where I was planning on buying a coin but saw the toxic community on a particular outlet and never bought in.  Huge opportunity loss once that coin pumped.
social media channels are indispensable for crypto projects. They are essential tools for building a brand, fostering a community, and staying connected with the ever-evolving cryptocurrency ecosystem. However, it's crucial for crypto projects to approach social media with authenticity, transparency, and a commitment to providing value to their audience, rather than simply using it as a promotional platform.

Most importantly, they are essential for brand promotion and marketing. You have an incredible idea, but if you can't reach out to its potential consumers, then your idea is worth nothing. Your consumer needs to be updated about your project's development, future plans, partnerships, and everything else that is happening. Social media provides the most convenient way for that.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
September 15, 2023, 12:04:01 PM
I mean it's a good tool but people rely too much on these social media channels only.  It's definitely useful to know what's going on day in day out but it can skew you the wrong way too.  I've had situations where I was planning on buying a coin but saw the toxic community on a particular outlet and never bought in.  Huge opportunity loss once that coin pumped.
social media channels are indispensable for crypto projects. They are essential tools for building a brand, fostering a community, and staying connected with the ever-evolving cryptocurrency ecosystem. However, it's crucial for crypto projects to approach social media with authenticity, transparency, and a commitment to providing value to their audience, rather than simply using it as a promotional platform.

The actual interaction is very crucial in terms of promoting and advertising your project as most of the time SocMed uses as venue to communcate with the team, without any updates or any response it can also use as lapses to your project, though in the other side, if the team continue to update and continue to earn traffics and visits, they can convert it to potential support and investment.
hero member
Activity: 1344
Merit: 565
Leading Crypto Sports Betting & Casino Platform
September 15, 2023, 11:01:35 AM
I mean it's a good tool but people rely too much on these social media channels only.  It's definitely useful to know what's going on day in day out but it can skew you the wrong way too.  I've had situations where I was planning on buying a coin but saw the toxic community on a particular outlet and never bought in.  Huge opportunity loss once that coin pumped.
social media channels are indispensable for crypto projects. They are essential tools for building a brand, fostering a community, and staying connected with the ever-evolving cryptocurrency ecosystem. However, it's crucial for crypto projects to approach social media with authenticity, transparency, and a commitment to providing value to their audience, rather than simply using it as a promotional platform.
Social media posts are no longer limited to pet videos and birthday greetings. Its a means for crypto initiatives to stay in touch with their group, monitor the market, and most importantly, connect with potential investors and collaborators. How about authenticity? The gold standard. Anyone can shout from the digital rooftops, but actual connections, real-time feedback loops, and honest reporting distinguish the good ones. This phrase should be adopted by many crypto projects. We should fight for actual relationships, not ads.
full member
Activity: 630
Merit: 100
cogwise.io
September 15, 2023, 08:04:59 AM
I mean it's a good tool but people rely too much on these social media channels only.  It's definitely useful to know what's going on day in day out but it can skew you the wrong way too.  I've had situations where I was planning on buying a coin but saw the toxic community on a particular outlet and never bought in.  Huge opportunity loss once that coin pumped.
social media channels are indispensable for crypto projects. They are essential tools for building a brand, fostering a community, and staying connected with the ever-evolving cryptocurrency ecosystem. However, it's crucial for crypto projects to approach social media with authenticity, transparency, and a commitment to providing value to their audience, rather than simply using it as a promotional platform.
legendary
Activity: 3780
Merit: 1418
September 14, 2023, 04:19:33 PM
I mean it's a good tool but people rely too much on these social media channels only.  It's definitely useful to know what's going on day in day out but it can skew you the wrong way too.  I've had situations where I was planning on buying a coin but saw the toxic community on a particular outlet and never bought in.  Huge opportunity loss once that coin pumped.
sr. member
Activity: 658
Merit: 270
August 30, 2023, 08:44:06 AM
Yes, Social media channels for projects are normally used for announcement concerning the progress of the project, its achievement, partnerships, upcoming developments etc. It is also used for promotional activities including giveaways, airdrops etc. It is necessary for bounty hunters and investors to utilize it well in order not to miss salient information or announcement.
What about here in the forum? A crypto project can post an introduction here and as well as provide updates. Updates can also be done on the projects very own website, and messaging groups but no doubt that social media's still has their own charm. There are lots of people who are using them and they can deliver notifications on our screen quickly.

When it comes to promotional activities and giveaways, I think the forum can win this time. There are campaign managers here to ensure that participants are not abusing the program. Even though we are up to date, sometimes success aren't still guaranteed. This is the only sad part here.
sr. member
Activity: 1932
Merit: 300
Vave.com - Crypto Casino
August 26, 2023, 10:04:27 AM
It's seems many still don't know the importance of social media channels and telegram groups of the coins and tokens they own or promotes

Some hunters and investors lose vital informations like

1. Token swap
2. Smart contract swap
3. Bounty KYC
4. Bounty payout time and date

Many investors and bounty hunters makes this mistakes over and over and later they blame the project team. Just imagine the damages these can create.

Social media are a good things to get to know and keep update about the coins you hold. And popularity of social media also brings in new users and potential investors. Twitter provides instant information direct from the team to the users while telegram is more of community to community interaction. The third best and the one most projects leaves is reddit where users and teams interact based on the topics. Discord is also good but it's more like a combination of Twitter and telegram rather than reddit.
sr. member
Activity: 1274
Merit: 457
August 25, 2023, 02:03:31 PM
Yes, Social media channels for projects are normally used for announcement concerning the progress of the project, its achievement, partnerships, upcoming developments etc. It is also used for promotional activities including giveaways, airdrops etc. It is necessary for bounty hunters and investors to utilize it well in order not to miss salient information or announcement.
I would Like to agreeing with you in this point. When we make an investment on any kind of source I think then we have to be aware of the updates of those projects and monitor them regularly. And an easy way to do this is by using social media. And in this place big projects invest money to promote their social media heavy. Finally, I will also say that those who are investors, bounty hunters, should follow their original social media first.
jr. member
Activity: 97
Merit: 1
Goldeth.io
August 24, 2023, 12:40:16 PM
Yes, Social media channels for projects are normally used for announcement concerning the progress of the project, its achievement, partnerships, upcoming developments etc. It is also used for promotional activities including giveaways, airdrops etc. It is necessary for bounty hunters and investors to utilize it well in order not to miss salient information or announcement.
jr. member
Activity: 286
Merit: 1
August 18, 2023, 01:56:14 PM
I think social media links are very important because if you invest in project so you need information about project listing etc there presale there distribution of token etc etc .
So you need there social media channel group to contact there team so you easily know what is there next step in future..
newbie
Activity: 164
Merit: 0
August 18, 2023, 01:23:02 PM
Actually yes, here I found out about TFS on social media when there was hype, the guy there explained everything in detail and I was able to make good money, so it's a pretty useful aspect of social media
member
Activity: 377
Merit: 13
#SWGT PRE-SALE IS LIVE
August 05, 2023, 12:50:01 PM
After buying altcoins, it must need to be maintained and thats why social media is import. Even selling altcoins or investment more with same altcoins also depends on Social media news of those channels. Social media dead means coin is dead, if they hypocrisy about their promise on telegram or Twitter, that means time to sell that coins. Besides swap, contract change and so many issue will be solved if we up to date with token's social media channels.
hero member
Activity: 2912
Merit: 526
Reward: 10M Shen (Approx. 5000 BNB) Bounty
July 06, 2023, 04:23:34 PM
Many investors and bounty hunters makes this mistakes over and over and later they blame the project team. Just imagine the damages these can create.
It was true before, but sorry to say some of the bounty hunters actually damage the projects they are promoting instead of supporting them. Even though all of those aforementioned points already in pinned messages on telegram, but those bounty hunters don't bother to actually read it and even then they manage to spam their bounty issues to the project's channel instead of the bounty group one.

That's why most of the newer projects suddenly stopped the bounty because they are not satisfied with what they got especially from those bounty hunters. It could also damage the investors because of how unprofessional they are.
Most of the newer projects already published all the necessary information for the investors and other watchers so they know what they are dealing with, the problem is more about the users and their reading interests.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
July 05, 2023, 04:42:32 PM
You need to take time to update yourself, especially when you are into this business, following those social media outlets that will connect you with the team and how the development is ongoing. Make sure you have your way even in a small time frame as long as you know and have that access to understand what are the possibilities of your hold assets are.


That's right, further information regarding changes or notifications is needed especially when we enter and invest in a project that is still new. Yes. There may be additional useful features launched by the platform we invest in. which you definitely have to monitor and don't miss the news updates.
Currently, social media is like a part of life because a lot of information is entered or updated through it,
so it's really important to follow social media because that's where I think the information will be updated faster,
Missing information will make us confused.

Indeed, if you missed important information, you might missed the updates, it's better to keep yourself in watch to whatever updates the project or the team will provide, most of the time they are very much active providing the details using their social media channels, and also, if you wanted to learn more about the project you can use their social media channels to communicate with them.
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