Why Telegram Channels Are Best for Crypto Trading Signals

Written by Maxwell Moeller - Reviewed by Coin Review Team

Published: Jul 17, 2018 | Last Updated: Mar 7, 2019

Here is why Crypto Trading Signals are flourishing and Telegram channels are the ultimate.

2024-10-14T15:16:23+00:00

Late last year, Bitcoin blew up in the public eye. This caused the price to rise significantly before crashing hard soon afterward. Since then, cryptocurrencies and blockchain technology have gathered significant interest from both the public and computer enthusiasts.

Due to its privacy features, a sort of gathering hub was founded in the form of Telegram channels. By joining the different cryptocurrency focused groups, users can learn information on all aspects of the industry. Plus, Telegram offered all of its features for free.

Because of its open approach to the industry, publishers, decentralized startups, and exchanges have made Telegram their home. In their respective channels, users can ask questions regarding the project or merely discuss the cryptocurrency industry. Some of these groups have grown to nearly 40,000 users.

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However, there are even more specific channels that share cryptocurrency trading signals and other signs of growth. Here, you can speculate market changes or be a part of one yourself.

You see, in the cryptocurrency world there is something called the “pump-and-dump.” Pump-and-dumps involve a group of investors all buying at the same time before selling at a high point for maximum profit. The entire process is premeditated, and the price of a token changes drastically for a period.

From the outside, it may look like the coin is on the rise. However, this is why it’s important to wait for a price to stabilize before investing. If the situation seems too good to be true, it’s probably due to a pump-and-dump group.

To join these specific Telegram channels, users may pay the group up to $5,000 to subscribe. This may seem like a lot, but the potential to triple or even quadruple an investment is convincing for many.

To find out insider news, before-the-public, I advise you to bookmark www.blockchainwhispers.com

Why Crypto Traders Prefer Telegram Over Other Channels

Regardless of what you’re looking for, there is a Telegram channel for all different types of trading signals. But the question remains: why Telegram? For starters, the platform offers secret chats, no ads, and security options unmatched by any other chat application. Here is a detailed breakdown on why Telegram is the preferred option for crypto traders:

Security

By utilizing cryptography, Telegram offers layers of privacy that no simple hacker can break into. Unlike WhatsApp, Snapchat, and other messaging services, Telegram focuses on security. The application features secret chats with end-to-end encryption and self-destructing messages. Secret conversations are stored on each device instead of the platform’s cloud.

In fact, the team is so confident in their technology that they once offered $200,000 to any users that can break in^[1]. It’s impossible to be an unbreakable platform, but compared to other messaging software, Telegram is undoubtedly the safest.

Ad-Free

Facebook Messenger and Snapchat have ads all over their platforms. It’s hard to use the apps for only a few minutes without ad interruption. Telegram is a non-profit organization and will never use ads for funding. The founders have stated they would rather ask for donations ^[2] instead of ads if they ever run out of money.

Telegram isn’t out to market your information or anything like that. Instead, it exists as a space to communicate freely. The application asks for very little info in the first place, further cementing this ideal.

Good Intentions

As mentioned, Telegram is a not-for-profit organization. The project is funded by the founders of the most extensive social network in Russia: VK. “Telegram is not intended to bring revenue, it will never sell ads or accept outside investment. It also cannot be sold” is stated on the companies FAQ. The founders started Telegram to prevent Russia’s government from looking in.

The code is open-source as well, so anybody can look into Telegram and look for anything fishy. Also, if the platform significantly scales with more users, it will shift to in-app purchases or donations.

Because of the way it stores data, Telegram cannot offer the NSA any information it may ask for. This isn’t the team simply hiding it away – the code specifically prevents access to your data. Telegram isn’t breaking any laws by doing so, accessing info just isn’t in the app design.

Fast and Reliable

Not only the most secure messaging app, but Telegram is also the fastest out of them all. By building on top of their MTProtol protocol^[3], Telegram approaches messaging in a way other messaging apps do not. Users receive notifications instantly, and the app never slows down or crashes on a mobile device. In the world of trading cryptocurrencies, a few seconds could be the difference between profit and a massive loss.

To ensure the best service, Telegram rents servers all over the world, including spaces in San Francisco and Singapore. User satisfaction is a high priority for the team here. In fact, the application took off when WhatsApp was down for only four hours ^[4]. Nearly 5 million users signed up in that short period, and it has only grown since.

Open API

Like most well-meaning projects, Telegram features an open API. As a result, there are all sorts of third-party clients and add-ons for both desktop and mobile users.

There are clients for Mac, Windows, and Linux users. Android and iOS users have native clients, and there are even web browser add-ons. The Xbox One also has a client, which is unheard of for most messaging apps including the gaming-focused Discord.

A Strong Backing and Experience

As mentioned, Telegram was founded by two brothers who also created the social network VK. With that experience, they’ve learned a ton about how to provide a quality service and keep the community happy.

The brothers have established distance from the Russian government, alongside the ability to permanently delete accounts and information. Teams at Telegram are designed around providing a user-first experience, and that knowledge comes from managing VK.

Best Telegram Channels of 2018

Of all the different trading signal Telegram channels out there, you’re bound to find a ton of spam ones. So, we’ve done the work for you and found some of the best you can join.

Blockchain Whispers

As of this writing, Blockchain Whispers has over 90,000 members. It’s a free, super popular trading signal group with over 90% prediction accuracy. In the volatile world of cryptocurrencies, that’s unheard of.

To find out insider news, before-the-public, I advise you to bookmark www.blockchainwhispers.com

When the altcoin world was at a loss earlier this year, Blockchain Whispers predicted the only profitable coin, ARN. On a day when nearly every investor was losing money, this group predicted a bullish coin.

The leader of this group explains the fundamentals of cryptocurrency trading as well. His educational material consists of shorter videos teaching users how to analyze and predict signals. Any cryptocurrency trader looking to make it would gain a lot from joining Blockchain Whispers.

You can join the group here

Verified Crypto News

Verified Crypto News offers in-depth looks into news and signals. It’s run by a group of professional traders with years of experience in financial fields.

The goal with this group isn’t for quantity, but for infrequent, quality investments with high returns. Like Blockchain Whispers, Verified Crypto News offers up all sorts of analysis and education on investment strategies. This group provides access to private token sales, and short, medium, or long-term signals.

The traders have a pretty good ratio when it comes to successful predictions. However, it’s important to note that this channel is incredibly selective when making signal posts. You’ll still get daily news and analysis, but those looking for super quick returns may want to find other channels on Telegram.

You can join the group here^[5]

CryptoMedics

CryptoMedics is a content-heavy channel full of long-term investors and cryptocurrency enthusiasts.

Depending on your membership tier, you’ll receive 5-10 Altcoin signals every week. CryptoMedics offers a monthly cryptocurrency magazine, VIP discussion, popular whale picks, portfolio optimization, and more.

5-10 signals don’t seem like a whole lot, but CryptoMedics does what they can to prevent overspending. Their selections are very specific, and they won’t post one without fully believing in the success of a project. That’s not to mention the weekly newsletters chock full of information for both short and long-term investors.

You can join the group here ^[6]

Final Words

Cryptocurrency investments are scary. Digital assets are volatile, and there are tons of them looking to scam users out of their hard-earned funds. If you want to see success, you’ll need to sift through a variety of bad projects to find the best.

Joining up with different Telegram channels is essential because they’ll do the work for you. With the channels mentioned above, you’ll not only receive legitimate trading signals, but the education to spot them yourself. Do yourself a favor and look into each of these Telegram channels. They are each filled with smart crypto investors looking to help out their fellow traders.

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References

[1] www.telegram.org/crypto_contest
[2] www.twitter.com/telegram/status/437914376725471232
[3] www.core.telegram.org/mtproto
[4] https://qz.com/1266469/whatsapp-co-founder-jan-koum-resigns-from-facebook-after-clashes-over-user-encryption-and-user-data/
[5] www.t.me/VerifiedCryptoNews
[6] t.me/cryptomedics

Disclaimer

The writer’s views are expressed as a personal opinion and are for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.