Edited By
Anita Kumar
A new Telegram bot is dividing opinions among crypto enthusiasts. Developed to buy contracts as soon as they are posted by popular channels, the tool raises eyebrows about its reliability and the potential financial dangers it poses to users.
The bot offers a straightforward mechanism: users follow a trusted Telegram channel with thousands of followers. Each time a contract is posted, the bot automatically executes a purchase, setting both take profit and stop-loss parameters. Developers are currently running a closed beta, inviting users to send direct messages for access and waiving any fees to get started.
While some people see this tool as a potential game-changer for trading, many in forums are cautious. There are significant concerns regarding the use of an unknown bot. One commenter warned, "Understand the risk youโre taking on by using an unknown bot. If itโs malicious, youโre getting wiped 10/10."
Notably, the creator reassured potential users about their intentions: "I know I will make much more money by building a working product and charging for a legitimate fee rather than scamming a few."
Conversely, skepticism remains rampant. The moderator of the forum issued an announcement urging potential users to exercise caution with new tech tools.
Risk of Unknown Bots: Safety concerns dominate discussions as users worry about security and reliability.
Development Incentives: The creator claims they aim to build trust by funding new wallets for beta testers, stating: "I will fund it with 1 SOL for you to test."
Community Trust Issues: Many expressed doubts about the bot's transparency and voiced their reluctance to jump on board immediately.
"Curiously, the thought of trusting a bot for financial transactions hasn't sat well with lots of folks."
โ "Potential for improved trading experience!"
โ "No way Iโd use it without real proof."
โณ "Iโm interested but held back until I hear more feedback."
๐จ Community warns of potential risks.
๐ Users intrigued by automated features, but many remain skeptical.
๐ฌ "Once you create a new wallet, Iโll fund it with 1 SOL," claims the developer.
In a world where automation meets investment, the conversation continues. Will the allure of instant trading win over wary people, or will caution prevail?