Do you trust celebrities endorsing cryptocurrencies?

[smhome354]

I think that celebrities endorsing a product is not really a user of that product. The same with cryptocurrency advertisement. It's possible that they have use but it isn't as loyal as what the advertising says. We should make our own study before joining any projects.

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[3kpk3]

That depends on which celebrity you are talking about. I do trust some celebrities like Ashton Kutcher etc since they have experience dealing with cryptocurrencies, but I don't trust some celebrities who don't have any cryptocurrency related experience and still act like they know what they are doing which is why I tend to do my research before trusting any particular celebrity. Don't blindly follow celebrity suggestions people.

[keanne_isaac]

I want to hear other people's opinion if you would trust celebrities endorsing cryptocurrencies.

I'm not trusting anyone specially celebrities as they are also paid to promote the coins. it is my responsibility to research for a coin I want to invest.

[jalaaal]

I want to hear other people's opinion if you would trust celebrities endorsing cryptocurrencies.

no, why should I? endorsement is just a promotion, it is given to the people who are known and really famous, to promote a certain project in exchange of payment. so why should I trust that

[Emilyearl]

Why trust when a whole bunch of them have no idea what the cryptocurrency market is all about or how volatile it really is. They're just being paid for those things you see them do. It's all marketing strategies from the projects end not necessarily because the celebrities have interest in crypto generally. I don't trust them I even try to run away from their endorsement because after the hype comes a heavy dump.

[bit..what?]

I want to hear other people's opinion if you would trust celebrities endorsing cryptocurrencies.

No! Most celebrities are certainly bought anyway, such as mcafee.
Therefore i do not listen to what they say or write about cryptocurrency.

[iconoclast]

I want to hear other people's opinion if you would trust celebrities endorsing cryptocurrencies.

Personally I would view it as a negative. If you have a serious project that deserves to be funded you will not have to rely on celebrity endorsements to raise money. When I see a project being endorsed by a celebrity I automatically think they are doing this because they can not raise funds from experienced cryptoinvestors because the project lacks substance and are instead targeting gullable followers of the celebrity.

[Bitknick]

It seems to me not worth listening to celebrities, they work for the public, but in their own interests, which do not always coincide with the interests of ordinary people!

[hashshashin]

I want to hear other people's opinion if you would trust celebrities endorsing cryptocurrencies.

In no case should you trust the celebrities who support any ICO projects, because there have been many cases that such projects turn out to be scams. So they create a buzz around the project, and after all disappear with your money.

[zamani12]

celebrities endorsing bitcoin is a great one because they have the fan base and they are like icons that people follow. obviously i trust the process as it has a positive impact on the market.

[Sarisang]

on one side this is certainly a nice marketing strategy. even boldly pay celebrities then surely the crypto has a good capital to pay more. but for analysis, I think the most important and should always be done. though impressed difficult and many do not understand but the analysis is the most capital should take precedence.

[Plecet Bank]

Of course it's good. Crypto is very open to anyone. So it's no wonder also if any celebrities interested in joining. And probably will be able to cooperate very well, it could be an ICO project promoters so maybe later.

[TGD]

I want to hear other people's opinion if you would trust celebrities endorsing cryptocurrencies.

I'm not trusting anyone specially celebrities as they are also paid to promote the coins. it is my responsibility to research for a coin I want to invest.

on this case people that are tend to follow their idolized celebrity there is some case that they may not think to research on it they just want to try cause they trust for what this celebrity talks about bitcoin even this is paid for endorsement.

[GeckoTrader]

Absolutely NO, from the word itself "celebrities" they are just paid to advertise even though they don't know anything about the product they are advertising. As long as they got paid and paid n great amount they will definitely advertise something. So my advice is that don't trust celebrities when advertising cryptocurrencies.

[eriwis]

I want to hear other people's opinion if you would trust celebrities endorsing cryptocurrencies.

It seems that the purpose of paying celebrities to say their opinions about a crypto is not for a community that is already in this field, because the community probably has more knowledge. But I think this way is very influential also for the community, because of course optimism is very necessary to be maintained in the growth of this industry.

[azzag0000]

Celebrities are paid to support and that does not reflect their personal involvement in the project. If they say things that have a good understanding then we have something to think about, But if they say things without understanding the market then it's just bullshit.

[ficihch]

Yes, I trust the celebrities will endorse the cryptocurrencies. I have even pushed how The celebrities are ready to be endorser of Cryptocurrencies. They are ready to introduce about cryptocurrencies to the world community. And I think It's a good opportunity.

[mullzerwar]

is there any celebrity endorsing the cyrptocurrency. I don't think to trust the crypto promotion by only because of the celebrities that are endorsing. I will always as usual, analyzing the ICO and considering whether is is profitable or not for investing or trading. I must make deeper analysis, not because of the celebrities endorse.

[Turkish88]

Never, celebrities earn moneys from ads.
So there is no reason to believe him

[Lerikaweb]

I want to hear other people's opinion if you would trust celebrities endorsing cryptocurrencies.

Do you invest in ICOs which are promoted by bounty hunters? Or maybe you do your own research? I'm sure that nobody risks their money because a celeb said so:)