It is quite normal to have friends who trade and lose money based on the recommendations in Telegram groups or channels because usually the main purpose of these groups and channels is to defraud unconscious investors. I would like to explain how the system works in some channels or groups by giving a brief example of an event I have witnessed before;

First of all, a cryptocurrency with a very low transaction volume is detected by group or channel admins. Admins then cause the price to move upwards with purchases of just a few hundred dollars making it appear as if the cryptocurrency is gaining value. In the next stage, the name of this cryptocurrency is shared with the members of the paid group and as these people purchase it the price increases further. In this way, admins make a profit with the current position. In the last stage, the name of this cryptocurrency is shared with the members of the free group and when these people purchase it the price reaches its peak. In this way, while the admins maximize the profit margin, the members of the paid group earn profits by buying and selling the specified cryptocurrency but the members in the free group are defrauded because they buy from the peak and the transaction volume of the cryptocurrency is almost zero in normal conditions.

In summary, almost 99.5% of the time, such groups or channels generally defraud people who just want to benefit from it for free. For this reason, I definitely don't belong to such channels or groups and when I see any signals like this I don't take them seriously.