Importance of social media channels

[Fredomago]

Op is right. As an investor, i bought lots of altcoins. But due to my busy schedule, i can spend less time to maintain my portfolio. After checking those altcoins, i found some get scammed. And some change their contract address. Some project send me their new token automatically in my wallet but many of them, want us to claimed within a certain time. I miss that and lost to take those token back. Then i realise, how important it is to always keep eyes on their Social media channels specially Twitter and telegram. Otherwise it is possible to loss a huge worth capital that is invested with a altcoin

Yes, there are instances where projects got updated and need to use other chains or some create new development and new coins got introduced. You need to follow their updates as if you missed the information you'll lose your investment. And one good thing when you are following the social media, the chance that you can anticipate some good runs when good updates are provided.

You can position yourself and make some good use of those positive information. Good news most of the time also created good
market run.

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[panjay]

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.

of course, it's important as an investor itself to keep up with your own coin/tokens etc.

If the tokens/protocol etc already have a decent social media presence it's already enough for investors to keep track the information, but if the information mentioned something vital like a contract swap, the tokens/protocol etc must have an also decent window to inform about something vital.

[Firlis]

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.

This is very common with some hunters, they are very quick to join bounty but never quick to follow updates by joining all the social media of this project if necessary not to miss out, but some hunters just fail to understand this important part, is the reason why some hunters will complain about stakes long after spreadsheet was handed over to team.

[Smitty Werben Man Jensen]

Op is right. As an investor, i bought lots of altcoins. But due to my busy schedule, i can spend less time to maintain my portfolio. After checking those altcoins, i found some get scammed. And some change their contract address. Some project send me their new token automatically in my wallet but many of them, want us to claimed within a certain time. I miss that and lost to take those token back. Then i realise, how important it is to always keep eyes on their Social media channels specially Twitter and telegram. Otherwise it is possible to loss a huge worth capital that is invested with a altcoin

Yes, there are instances where projects got updated and need to use other chains or some create new development and new coins got introduced. You need to follow their updates as if you missed the information you'll lose your investment. And one good thing when you are following the social media, the chance that you can anticipate some good runs when good updates are provided.

You can position yourself and make some good use of those positive information. Good news most of the time also created good
market run.

Nowadays I think social media has become part of our lives so it's important to follow it,
there will be a lot of updated information via social media,
therefore it will be fatal if we miss the information.

[Fredomago]

Op is right. As an investor, i bought lots of altcoins. But due to my busy schedule, i can spend less time to maintain my portfolio. After checking those altcoins, i found some get scammed. And some change their contract address. Some project send me their new token automatically in my wallet but many of them, want us to claimed within a certain time. I miss that and lost to take those token back. Then i realise, how important it is to always keep eyes on their Social media channels specially Twitter and telegram. Otherwise it is possible to loss a huge worth capital that is invested with a altcoin

Yes, there are instances where projects got updated and need to use other chains or some create new development and new coins got introduced. You need to follow their updates as if you missed the information you'll lose your investment. And one good thing when you are following the social media, the chance that you can anticipate some good runs when good updates are provided.

You can position yourself and make some good use of those positive information. Good news most of the time also created good
market run.

Nowadays I think social media has become part of our lives so it's important to follow it,
there will be a lot of updated information via social media,
therefore it will be fatal if we miss the information.

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.

[Andrija Branislav]

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.

[trendcoin]

I think some projects implement these procedures just to bypass bounty participants. Yes, this idea may sound like a conspiracy theory, but if you think about the millions of tokens you burned and hundreds of bounty participants disabled after a small announcement, you can understand that this is not a simple conspiracy theory. Sorry, I have intermediate experience in this market and now I can understand who is what without even speaking.

[Desscount]

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.

[Blitzboy]

Op is right. As an investor, i bought lots of altcoins. But due to my busy schedule, i can spend less time to maintain my portfolio. After checking those altcoins, i found some get scammed. And some change their contract address. Some project send me their new token automatically in my wallet but many of them, want us to claimed within a certain time. I miss that and lost to take those token back. Then i realise, how important it is to always keep eyes on their Social media channels specially Twitter and telegram. Otherwise it is possible to loss a huge worth capital that is invested with a altcoin

Yes, there are instances where projects got updated and need to use other chains or some create new development and new coins got introduced. You need to follow their updates as if you missed the information you'll lose your investment. And one good thing when you are following the social media, the chance that you can anticipate some good runs when good updates are provided.

You can position yourself and make some good use of those positive information. Good news most of the time also created good
market run.

Every bit of data now has the potential to flip the script on your investment, much like a piece of a jigsaw puzzle. When it comes to the importance of social media in this lightning-fast competition, I couldn't agree more. In the ever-changing world of cryptography, staying abreast of developments can be crucial. It's Darwinism with cryptographic twists: evolve or die

We must not lose sight of the fact that the cryptocurrency market is quite volatile. Even if the news is good today, the market could drop tomorrow. There is no foolproof method or pattern that can ensure achievement. Isn't that the beauty of it all though? The unpredictability, the unknown, the ever-changing nature of things? This is the thrill of Bitcoin

[Fredomago]

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.

[sulendra12]

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.

[Justin999]

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.

[VFalcon]

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

[Hildentine]

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..

[bitcoinmoney2021]

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.

[|MINER|]

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.

[Tipstar]

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.

[add1ct3dd]

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.

[wheelz1200]

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.

[aseprebel]

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.