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Author Topic: Do you trust celebrities endorsing cryptocurrencies?  (Read 1938 times)
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September 06, 2018, 05:19:51 PM
 #321

No, I don't trust celebrities endorsing Cryptocurrency although that is give good vibes for crypto but sometimes they do paid promotion and in my opinion crypto should explore by yourself and this is the market where you should not follow anyone blindly just do your own research and if you satisfy with it then do anything according to the situation.
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September 06, 2018, 05:33:40 PM
 #322

It depends on who the celebrity is in. For example if celebrities are in the movie industry, I do not believe it has much to do with ICO projects. However, if someone is well-known in health and counseling for medical projects, it is a very positive influence.

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September 06, 2018, 05:53:34 PM
 #323

Celebrities endorsing cryptocurrencies is no different than you announcing on your twitter feed about your latest find.

Celebrities may have more money than you, but it doesn't make them any less hungry for new experiences.

Also, you may notice the celebrities tend not to be A-list, or even B-list celebrities.  That's because those clowns are beholden to their masters in Hollywood, who ultimately are beholden to their masters in the banking complex.  As cryptocurrencies are a challenge to the status quo, you won't find their charges screaming about the next big thing.

And besides all that, there is no substitute for knowledge and experience.  And, when it comes to your own money, no one knows better what to do with it than you.

Most crypto veterans learned this very lesson at some point in their crypto-career; never take the opinion of someone else at face value.  You are just asking to be taken advantage of.

Following your heart, wisdom, and experience is the only way to success in the Wild, Wild West period of cryptocurrencies.

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September 06, 2018, 06:59:53 PM
 #324

The  famous people  must advertise a Shampoo, a Soap and etc..90% of them can’t understand what they are promoting, as the main goal for them is to increase the profit on their bank account, and they don’t care if someone loses his money because of the advertisement . Do not trust in famous people

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September 06, 2018, 07:04:11 PM
 #325

I cannot trust an ico because a celebrity endorse it. Celebrities don't really have good knowledge about the market or how crypto works. Some of them might even be paid to endorse the ico. If I want to invest in ICOs then I will make sure I consider all the necessary factors and not because a celebrity endorse it.
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September 06, 2018, 08:18:42 PM
 #326

I certainly do not trust all the talk of celebrities. After all, their opinion is not professional, and many of them just advertise it and get money for it.
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September 06, 2018, 08:22:51 PM
 #327

well i would say that i trust them because they will help to advertise the project in a more professional manner which will also attract the interests of investors
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September 06, 2018, 08:25:01 PM
 #328

A celebrity endorsing a project is no guarantee of its success nor does it help foster trust in the project. thats my opinion anyway, however, it does depend on the type of cryptocurrency and its uses. Ronaldo endorsing a football related cryptocurrency is likely to foster trust in the project, but him endorsing a tech project like a protocol, now that is a different thing entirely.
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September 06, 2018, 08:26:31 PM
 #329

Actually i don't trust anyone but myself in crypto currency world. Celebrities are getting paid for those endorsements , lots of them don't have a clue about the project, they just doin' their jobs and earning money. So i think you shouldn't trust them too.

 
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September 06, 2018, 08:48:13 PM
 #330

As news about the many celebrities who advertise against payment for cryptocurrency has come out, I don't invest because no famous person says.

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September 06, 2018, 08:53:25 PM
 #331

Celebrities inducing crytocurrencies is not trust but hype.
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September 06, 2018, 08:59:55 PM
 #332

Most of the time I don't want to hear what these celebrities say, because most of the time they say things that affect the whole market too much.
So that's not a good thing.

I totally agree with you, most of the times, they say negative things and that is one of the reasons why the market is going down.
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September 06, 2018, 09:09:12 PM
 #333

Celebrities endorsing cryptocurrencies is no different than you announcing on your twitter feed about your latest find.

Celebrities may have more money than you, but it doesn't make them any less hungry for new experiences.

Also, you may notice the celebrities tend not to be A-list, or even B-list celebrities.  That's because those clowns are beholden to their masters in Hollywood, who ultimately are beholden to their masters in the banking complex.  As cryptocurrencies are a challenge to the status quo, you won't find their charges screaming about the next big thing.

And besides all that, there is no substitute for knowledge and experience.  And, when it comes to your own money, no one knows better what to do with it than you.

Most crypto veterans learned this very lesson at some point in their crypto-career; never take the opinion of someone else at face value.  You are just asking to be taken advantage of.

Following your heart, wisdom, and experience is the only way to success in the Wild, Wild West period of cryptocurrencies.

"Never take the opinion of someone else at face value". Thanks for this post, most people make this mistake alot, you have to make your own research before you make a decision.
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September 06, 2018, 09:11:06 PM
 #334

Celebrities inducing crytocurrencies is not trust but hype.
Most celebrities like to hype up Bitcoin and other coins then vanish after a couple of years lol.

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September 06, 2018, 09:28:42 PM
 #335

There are some famous people who really try to predict the emergence of new good projects, but most of the celebrities just make money on advertising.


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September 06, 2018, 11:16:43 PM
 #336

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

I never believed in endorsements by celebrities, I thought they didn't really do everything they endorsed, so they only helped advertise so many people were interested and joined Crypto.
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September 06, 2018, 11:21:10 PM
 #337

We need everyone who is famous or consonant to support crypto money. However, the fame person  can damage  cryptocurrency market that is trying to use it for advertising purposes.


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September 06, 2018, 11:21:21 PM
 #338

I want to hear other people's opinion if you would trust celebrities endorsing cryptocurrencies.
We may somewhat believe on their promotions because still, popularity is power. Mayweather is one of the best example wherein he promoted a certain project and the outcome was surprising. Popularity is important for cryptos and if a celebrity would endorse a crypro, surely, it would be reflected to the popularity of that token as well as its market demand which would affevt itself for a long run.

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September 06, 2018, 11:22:35 PM
 #339

If the project they are endorsing ends up failing then it could leave a bad image to them, so I think that they are not dumb to let their reputation risk that way, so I think they, or at least their advisors, now what they are doing.
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September 06, 2018, 11:30:48 PM
 #340

There are some famous people who really try to predict the emergence of new good projects, but most of the celebrities just make money on advertising.

That's what I'm thinking also. Let's accept the fact that most of the time, they are there to get their share of money.
But, if they really have vested interest, they will go beyond advertising the platform.
You will know that because they will support the project all throughout and not only during the launch or showing up on few occasions.
It's okay for them to represent such projects but I would trust only the genuine ones.


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