Risk: Moderate

Starting a Telegram channel for monetization can be risky for beginners, especially if they can't afford to lose money. There is a potential to lose both time and energy trying to grow the channel and attract subscribers. Beginners might spend money on promotional activities, content creation, or other resources without seeing immediate returns. Some startup costs like advertising or hiring content creators may not pay off if the channel doesn't gain traction quickly. Online discussions often mention the challenge of building a subscriber base and generating revenue from a Telegram channel. I'd rate the risk a 3 out of 5 because there is a moderate risk of experiencing losses in terms of money, time, and energy, particularly if the channel fails to attract a substantial audience.