Post
Topic
Board Altcoin Discussion
Re: Do not invest based on the "telegram community"
by
NathanJB
on 16/11/2019, 02:14:31 UTC
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.