Do not invest based on the "telegram community"

[Bonenx14]

~snip

man telegram is garbage, i been telling people that forever, it wasent made for thousands of people to have proper discourse
tho i see they remade their UI to look like discords, that helps a bit sort out the spammy mess
who thought putting 30,000+ people of all languages in a single channel was a good idea?   what a joke.   Place is a scammers paradise
Proper projects make threads here, plain and simple. HERE is where people can OPENLY discuss projects without being censored/blocked (like telegram channels)

Good point. Assuming all the 30K members were legit and really interested in the project, it's hard to maintain a good discussion among members there. It's like combining all topics in one board from off-topic, technical, investment-related, and others. That's really messy  

This is also why some projects who wants a real discussion have migrated to discord and slack. Although there is still censorship, the topics can be discussed in a more orderly manner.  

I agree on the part that many members make irregular discussions. coupled with the telegram community which many users sometimes think of a good project, even though it cannot be determined from that alone

[Beparanf]

I agree on the part that many members make irregular discussions. coupled with the telegram community which many users sometimes think of a good project, even though it cannot be determined from that alone

I suggest if really finds that telegram community helpful and sees it beneficial, since some might be community used in bounty as ambassador or paid community to post links of projects, after reading a certain token. Research it properly since the community is not responsible in what ever decisions you'll be doing. Research and make a list of should point out before investing.

[masterrex]

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.

Yeah that's right i saw it, way back 2017, when most of the ICO's are successfully raising funds out of thin air, and they are often use its Telegram groups to boost that they have thousands of community members and investors as well, during that time many new investors that was looking for some opportunity to invest in the ICO's and because of the ICO hype was spreading like a wildfire many people was join without noticing the risk. But that was before in the 2017, but today i don't think people just easily fall that cheap trap most of them are already learn the mistake of past.

[Ferris419]

Lots of things have been changed because of the long run of bear market. Once we really care about a large active telegram community, but now the active telegram group is another tool of scamming people. Because now you can buy active members who will chat regularly between themselves like the ICA group! Whatever happen, those bot guys keep praising about the project! Lol! Therefore once we cared about the Icobench rating which is another scam tool now. So, to make a profit from the new projects is very hard nowadays. You have to be pro if you want to earn ROI from your investment!

[Hippocrypto]

I agree on the part that many members make irregular discussions. coupled with the telegram community which many users sometimes think of a good project, even though it cannot be determined from that alone

I suggest if really finds that telegram community helpful and sees it beneficial, since some might be community used in bounty as ambassador or paid community to post links of projects, after reading a certain token. Research it properly since the community is not responsible in what ever decisions you'll be doing. Research and make a list of should point out before investing.

In general, we must think many times before deciding to deal with any investments. Telegram sometimes helpful in gathering updates from a desired project on a certain community, but not a helpful source of trusted information due to scammers.
In confirmation to a legit community, the manager should be held liable for the serious discussions and nobody should interfer other than the admins.

[ashmodeus]

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.

of course , that fucking real, dont believe to project wich have high numbers of telegram members.
basicaly bounty hunters around 100-3k , and 3k its totally huge .
so what the left of members ? of course they are a dummy robot.
i even got a private message from spam account about service to increase the telegram members,
the price is depend about how much u want to increase the members, from 20 usd up to 500.
any service is can be worth of money on crypto world btw 

[goaldigger]

Telegram members are bought/sold by the big groups and I don't think expert investors will care about the opinion of random people from the online groups. Telegram is a good choice for following the news, updates from the various projects but I doubt it is ok to take seriously the crowd count for making an investment choice. AFAIK, the projects hire the best telegram group managers for managing their daily social activities.

Telegram is a way to communicate to investors, bounty hunters and the followers but not one should use telegram as their basis for investment. Expert investors knows that trusting someone is too risky, and telegram is full of scammers. Maybe if KYC implemented on Telegram, the volume of scammer will be lessen then you can now consider to ask people about your investment but still you have the job to study the project.

[jazmuzika217]

Thank you for a very good reminder. But you are right. We don't have to invest over a short conversation. Make sure that you study first and have some research and most important thing that you will check the page or site of project not only in telegram but in the forum. We need to be knowledgable before you invest.

[Zeke_23]

Telegram members are bought/sold by the big groups and I don't think expert investors will care about the opinion of random people from the online groups. Telegram is a good choice for following the news, updates from the various projects but I doubt it is ok to take seriously the crowd count for making an investment choice. AFAIK, the projects hire the best telegram group managers for managing their daily social activities.

Telegram is a way to communicate to investors, bounty hunters and the followers but not one should use telegram as their basis for investment. Expert investors knows that trusting someone is too risky, and telegram is full of scammers. Maybe if KYC implemented on Telegram, the volume of scammer will be lessen then you can now consider to ask people about your investment but still you have the job to study the project.

Of course, no one is using telegram that way. It is not actually a good basis for investment, Telegram group is just a source of information or updates of a certain project. Every decision should be done by the investor itself and not because of the information he gets in a group, investment should be done with more research.

[Dellosoft]

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.

Most of those very large groups have bot members, very true sir. I was astonished to see an advert by someone saying he adds fake members at the rate of 1000 members for 5$. This means one can easily add 10k members with just 50$. Some bounties even have telegram activity, aside from the bot chats you mentioned here. Investors who get carried away by "large community" will always fall prey when they see these large telegram groups.

[coin-investor]

^ I agree that there's a lot of manipulation going on.

I've also noticed the fake activities on different channels. You can easily notice because most of them do not even have a username and that they usually talk to each other at a certain time. Some hired marketers also call this as "growth hacks". From what I have observed, telegram community with legit members ranges from a few hundreds to 5K with active members around 10 to 100. Even that 5K includes bots and spammers.

Check the services section and you will see there are a lot of services, that offer telegram promotion, and instant members of telegram channel, telegram is very popular among Crypto projects, and it's become a big target of scammers, and those who offer dubious services, that is why I seldom post on channels that I joined because of the projects I've invested and supported, and I always report those channels that added me without my consent.

[bitzizzix]

In my opinion, Telegram is a place to study, share knowledge and experience about cryptocurrency and blockchain technology or other, and I haven't found a telegram community that advises or deals with investment.
but it all depends on the Telegram community where you are, if there is incitement or about investment advice that you think is unconvincing and you suspect why you are not leaving.
and the good or bad of your own Telegram community evaluating it and having the intelligence to think is very important when you are on any social media.

[Obito]

Not just on the telegram as well as on twitter, facebook, reddit and anywhere else on social media sites. It is one of their styles to attract many investors to invest in their project due to their many likes and huge numbers of telegram members.

But we can't say that many members of the telegram are scams right away but it's just a reminder that we are not just based on the number of people who believe in their project, Let's base on our knowledge on help our self to figure out what ICO actually have a real purpose and real intensions.

Looks are really deceiving. They are all using their tools they can use to attract potential investors. They are hyping up the group which is the telegram that at first stare you will be thinking that "this might be the best and worth investing for" dropping money right away without an appropriate investigations around the project itself. Because they got impressed with it first.

[deodivine1]

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.

In 2017 I remember some projects which used the large telegram group thing to create hype and easily hit hard cap for their ICO.  Nowadays crypto investors are wiser, we all know telegram groups can be increased by paid means to add fake members. Are there people who still invest merely because of large telegram group presently? I doubt.

[uray]

This is also why some projects who wants a real discussion have migrated to discord and slack. Although there is still censorship, the topics can be discussed in a more orderly manner.  

Do you think that moving the project discussion to a different platform will sort the issue, i have not seen many projects that are successful and that means not raising money but coming up with the proposed project and delivering the final product and many projects i invested in the past have shut down because of financial crisis even though they raised a lot of money and i am not even sure what they did with the money they raised so i do not trust any projects.
@OP you cannot invest in anything that has huge followers because you can purchase anything now a days even members in any social media.

[shoreno]

Telegram is only a messaging app/platform and it's not a community because I think a real community means just like a forum . Telegram groups and channels are not also to be easily trust because most of them are only compose of bots . They need to buy telegram bots just to make their group or channel become lively just to attract more potential investors    . Investors should only based on the quality of the project if what its objectives

[kaneki007]

I don't see the number of members in the project group telegram as a reference if the project is good, because many telegram members now join because of airdrop or bounty and can even buy bot members so that the number is increasing
So it is very important to do research first before investing in crypto

[sazonk]

That's right your statement, because in this telegram there are too many projects exposed through telegram tricks and most are telegraphed for bounty hunters, airdrop. Or there are indeed some ICOs that require verification of participation via telegram. But my opinion, when it comes to ICO, is really not reconciled to ICOs that were built by telegram. Because in the telegram too much manipulation and fraud.

[adjed]

From experience I have noticed that most of the successful projects don't even have a bubbling group so when I see a project that still wants to hold it's sales and there is so much buzz in the group, I automatically assume that it's not natural, there are services which offers these services to project owners, some would add members, some would help to chat and keep the group active and such, all in a bid to sucker investors into parting with their funds.

[ragavancoin]

If you have good telegram community it will be an excellent community to invest. But there is also a scam telegram community in it so the one who is interested to invest based on telegram community should be very careful about it.

So please check before you take up any such project.