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General: Crypto Pump and Dump Groups
Telegram is well-known for its intriguing relationship with cryptocurrencies, hosting channels for pump-and-dump schemes, legitimate trading signals, news, and debate groups. These channels contain a mix of useful and valuable information, as well as useless information and unethical practises.
In this article, we will look at Telegram as a platform and why it has grown so popular among Bitcoin users. In addition, we will investigate the current popular channels to determine their worth.
In response to government interference with their social media site VK, Russian brothers Nikolai and Pavel Durov launched Telegram in 2013. The origin story is fascinating, with the founders constantly shifting jurisdiction in order to avoid further government intervention. The platform now has over 500 million monthly active users and is based in Dubai.
Telegram has become a hub for the cryptocurrency community in recent years due to its emphasis on data privacy and personal sovereignty. The founder’s dedication to Telegram’s dependability is admirable, with a core value of not treating its users as a product. However, because Telegram is free, it begs the question of how it makes money.
Telegram CEO Pavel Durov announced that the platform would implement commercialization in 2021 to pay for infrastructure and developer wages. He talked about increasing operational cash flow by introducing new business services and premium packages. Regardless, everything that was previously free will remain free in perpetuity. Cryptocurrency enthusiasts value Telegram’s centralization while remaining pure and honourable, rather than being motivated by corporate interests.
Different Types of Crypto Channels on Telegram
There are three types of cryptocurrency Telegram groups: news and discussion groups, trading signals groups, and pump and dump groups. Each of these groups has its own set of characteristics, which range from positive and informative to negative and deceptive.
Pump and Dump groups
It is feasible to make quick money with cryptocurrencies by joining a reputable pump and dump club. We can recommend the most trustworthy crypto pump and dump groups on Telegram by following the links provided above. However, be wary of frauds and proceed with caution if you join a group that is not featured in this page. We recommend that you join the top-rated crypto pump and dump group, which you can find here.
Crypto Pump & Dump ChannelsTrading Signals Groups
While the administrators of trading signals groups may have vested interests in pushing specific cryptocurrencies, the groups at the very least provide an open forum for discussion. Personally, I am wary of paying for trading advise since somebody with truly important insider information would not rent it out for a tiny monthly price.
I approach daily trading signals with scepticism, but I find the debates they spark to be informative about the bitcoin market. Reading other people’s comments and viewpoints can provide significant insights into how they think. The new Nancy Pelosi Trading Signals channel has piqued my interest, and I’m excited to see what insights it will provide. It might even turn out to be profitable.
Crypto News and Discussion Channels
The cryptocurrency world is awash in information and news, and there are numerous Telegram channels dedicated to disseminating this information.
Crypto News is one such outlet, with well-written articles and interviews with industry heavyweights like Michael Saylor. This information is mostly derived from the CryptoCrunch app, another trustworthy cryptocurrency news aggregator. The channel has approximately 65,000 followers and provides unique content, such as a fascinating Cardano article that cannot be found elsewhere. Overall, Crypto News is a channel worth checking out on a regular basis.
Coingape is another notable channel that gives breaking news and analysis of both new and established bitcoin projects on cryptocurrency exchanges. Their Telegram channel has approximately 23,000 followers and provides non-mainstream content like as updates on the ongoing XRP/SEC court battle, the 51% assault on BitcoinSV, and SEC Chairman Gensler’s opinion on key cryptocurrencies. It is a wonderful source for daily macro stories.
With 440,000 followers, Bitcoin Industry’s channel provides a wide range of material, including intelligent crypto articles and interviews with notable personalities such as Vitalik Buterin. The channel’s technical analysis and trading advise, on the other hand, should be taken with a grain of salt, as free advice is frequently worth precisely what it costs. The channel also includes lowbrow and unpleasant debates about Lamborghinis and the moon.
Overall, it is critical to perform your own research and identify reliable sources of information within the bitcoin ecosystem. Check out this Telegram group for the best crypto news.
Crypto Trading Signal Channels
With a few exceptions, the crypto trading signals channels are largely pump-and-dump schemes. Because many of them openly flaunt their fraudulent character, it’s generally easy to recognise them based on their descriptions. Trusting your money to these anonymous channels is a bad idea.
Kryptonians, on the other hand, is a trustworthy channel that provides currency recommendations based on news reporting and technical analysis. Many of the suggested cryptocurrencies are in my portfolio, and their research provides useful information. Despite some dubious technical studies with colourful charts, it is nevertheless worth considering.
There are hundreds of channels dedicated to technical analysis if you’re interested. AlphaTradeZone is an example of a lesser-known channel that appears to perform extensive investigation. They have a about 50% success record, and their recent move to abandon ChainLink (LINK) resulted in a 30% rise. They were also correct in their evaluations of AVAX and BakerySwap (CAKE).
Finally, MYC Signals is a well-known signal source with over 30,000 members in its Telegram channel, which is mostly focused on BTCDerivatives. By clicking on the link provided, you can join their group.
Crypto Pump & Dump Channels
The channel name “Crypto Binance Trading / Signals and Pumps” may be misleading to new Telegram users because it implies an affiliation with Binance. However, I find the link to this channel uncomfortable and will not share it with you. The channel is well-known for pump-and-dump tactics, which are banned for stocks in the United States. In the 1990s, The Wolf of Wall Street paid a hefty price for revitalising this method with penny stocks. Although the US Commodity Futures Trading Commission (CFTC) does not consider bitcoin transactions to be illegal enough to warrant prosecution, this practise is predatory and reflects poorly on the bitcoin movement as a whole. Despite having over three million subscribers, many people are against this kind of behaviour.
Conclusion
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