Post
Topic
Board Altcoin Discussion
Re: Do not invest based on the "telegram community"
by
bitvalak
on 16/11/2019, 07:38:22 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.
The large number of telegram followers is sometimes a parameter for beginners to start investing in ICO projects like IEO. But in the group there is very little important chat activity, the contents are only spam chat that is off topic.
In my opinion the most reasonable is the existence of chat activities between members with the admin and founder of the telegram group, it shows that there is seriousness on the part of the project maker to develop into a bigger and faster.