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How does buying telegram members affect the credibility of a crypto project?

avatarChan Chan RaNov 27, 2021 · 3 years ago3 answers

What impact does purchasing telegram members have on the reputation and trustworthiness of a cryptocurrency project? Does it enhance or diminish the project's credibility?

How does buying telegram members affect the credibility of a crypto project?

3 answers

  • avatarNov 27, 2021 · 3 years ago
    Buying telegram members can have both positive and negative effects on the credibility of a crypto project. On one hand, a large number of members can create an illusion of popularity and trustworthiness, attracting more genuine users to join. This can help the project gain attention and potentially increase its credibility. On the other hand, if the purchased members are not genuine and engaged, it can be easily detected by the community. This can lead to a loss of trust and damage the project's reputation. Therefore, it is crucial for crypto projects to focus on organic growth and building a genuine community rather than relying on purchased members.
  • avatarNov 27, 2021 · 3 years ago
    When a crypto project buys telegram members, it may initially seem like a quick way to boost credibility. However, this approach can backfire. The crypto community is known for being highly skeptical and vigilant. If they suspect that a project has artificially inflated its member count, it can raise doubts about the project's legitimacy. This can result in negative publicity and a loss of trust from potential investors and users. In the long run, it is better for a crypto project to focus on building a genuine community through organic means, such as providing valuable content and engaging with users.
  • avatarNov 27, 2021 · 3 years ago
    At BYDFi, we believe that buying telegram members is not a sustainable strategy for building credibility in the crypto industry. While it may provide a temporary boost in numbers, it does not guarantee genuine engagement or trust from the community. We advocate for organic growth and community building through transparent communication, valuable content, and active participation. Building a strong and credible community takes time and effort, but it is essential for the long-term success of a crypto project.