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Running Facebook crypto ads but no conversions???

TearStories

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Hello, I've been running cryptocurrency advertisements on Facebook and Instagram to promote my Telegram Signal group for the past two weeks. However, I haven't been successful in generating any conversions, unlike my competitors who are making 10-15 sales per day using the same ads. I have tried targeting various countries and selected keywords such as investment and real estate to avoid using direct cryptocurrency-related terms. Despite receiving 1100 clicks on my ads, I haven't seen any conversions, and it seems like nobody is even looking at my Telegram channel. I'm wondering if anyone might have an idea why this is happening. I am even willing to pay for valuable information that could help me. Thank you.
 

Sionerpo

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It is likely that his ads have already been optimized. Have you optimized them for the target audience?
 

WeTNT

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It is likely that his ads have already been optimized. Have you optimized them for the target audience?
Hello, I appreciate your prompt response! Indeed, they are distinct from me. Frankly, I'm not entirely certain if they are optimized as I have only recently begun learning about Facebook ads, around a month ago. However, I did choose to follow the keywords mentioned here and as for countries, I simply searched for nations with the highest interest in cryptocurrency. Would it be possible for you to provide a guide on this matter? Alternatively, do you have any suggestions on where I could find assistance from someone knowledgeable in this area?
 

Agmediho

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Hello, I appreciate your prompt response! Indeed, they are distinct from me. Frankly, I'm not entirely certain if they are optimized as I have only recently begun learning about Facebook ads, around a month ago. However, I did choose to follow the keywords mentioned here and as for countries, I simply searched for nations with the highest interest in cryptocurrency. Would it be possible for you to provide a guide on this matter? Alternatively, do you have any suggestions on where I could find assistance from someone knowledgeable in this area?
Are you familiar with the concept of Facebook Pixel? Essentially, when you run ads on Facebook, they are displayed to a random selection of people who meet your specified criteria. If your criteria are not specific enough, it may result in ads being shown to a broader audience. The Facebook Pixel tracks any successes your ads have and uses that information to improve the targeting of future ads. It's possible that your competitor is more skilled in using this feature effectively.
 

Facent

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Are you familiar with the concept of Facebook Pixel? Essentially, when you run ads on Facebook, they are displayed to a random selection of people who meet your specified criteria. If your criteria are not specific enough, it may result in ads being shown to a broader audience. The Facebook Pixel tracks any successes your ads have and uses that information to improve the targeting of future ads. It's possible that your competitor is more skilled in using this feature effectively.
Indeed, I have successfully installed Facebook Pixel on my White page. However, I would like to learn how to use it effectively in order to optimize my advertisements.
 

GlimmerDean

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For the sake of providing accurate information, after purchasing a significant number of clicks in the cryptocurrency field from Facebook, and implementing intricate mouse tracking JavaScript and in-depth analytics to monitor each visitor they directed to my website, I can confidently confirm that Facebook consistently delivers fraudulent or low-quality traffic in the crypto niche.
I was paying as much as 36 cents per click for people who landed on my static HTML landing page but exhibited no activity whatsoever, swiftly returning to the previous page within a second.
This type of traffic is completely fabricated and lacks authenticity, potentially originating from automated bots designed to hinder competition. I have observed a similar pattern with platforms like ZeroPark—predominantly bot-driven traffic.
 

Hugzho

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Thank you very much for your assistance. However, the issue I'm experiencing is that I've already installed the Pixel on my White page, but I'm still not getting any conversions. Therefore, I believe the Pixel is not the cause of the problem. I suppose I just need to experiment and explore different approaches, and hopefully, someday I'll start seeing some conversions too.
 

Pathicub

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Facebook and other social media platforms strongly disapprove of cryptocurrency advertising. The likely scenarios are as follows:

  1. You may receive some conversions from automated bot-generated traffic.
  2. You may discover that your advertising account has been suspended.
  3. You are unlikely to generate any profits from your advertising efforts.
 

Shoesen

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Facebook and other social media platforms strongly disapprove of cryptocurrency advertising. The likely scenarios are as follows:

  1. You may receive some conversions from automated bot-generated traffic.
  2. You may discover that your advertising account has been suspended.
  3. You are unlikely to generate any profits from your advertising efforts.
Why is it that I come across numerous Telegram groups that generate remarkable sales? And if I use a Cloaker, Facebook won't recognize it as a cryptocurrency advertisement, correct?
 

Bitsubio

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Why is it that I come across numerous Telegram groups that generate remarkable sales? And if I use a Cloaker, Facebook won't recognize it as a cryptocurrency advertisement, correct?
There may be a few genuine things among them, but most of the content found on Telegram is unreliable and false. I constantly receive spam invitations to join cryptocurrency groups, which is extremely unpleasant. Many people are deceitful, and their main goal is to persuade you to pay for some questionable "service." No matter what you attempt to accomplish, you're likely to experience more losses than gains. However, I must admit that I have been mistaken in the past.
 

Freshul

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There may be a few genuine things among them, but most of the content found on Telegram is unreliable and false. I constantly receive spam invitations to join cryptocurrency groups, which is extremely unpleasant. Many people are deceitful, and their main goal is to persuade you to pay for some questionable "service." No matter what you attempt to accomplish, you're likely to experience more losses than gains. However, I must admit that I have been mistaken in the past.
I agree with your statement. It is unfortunate that many groups are fraudulent schemes. However, this does not necessarily imply that Facebook ads are ineffective. My issue lies in the fact that despite running ads, I am not seeing any conversions, unlike others in the same industry who are experiencing significant sales. Consequently, I am questioning what mistakes I might be making.
 
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