Who would actually believe celebs promoting crypto?

[hen cet]

the truth is there are so many celebs who have invested in crypto, while some are not shy about saying it most prefer to keep it a low profile. But then being a celeb doesnt mean you shut your eyes to opportunity. most of these celebs are smart and enlightend and definitely want to invest in opportunities

Celebrity is a group of people who earn big money, so they invest money everywhere, including cryptocurrency investment.
There are celebrities who openly acknowledge crypto investments, but some are silent. That is a choice in investment.

[jonas5222000]

Actually our champ which is manny pacquiao has token which celebrities can use it to promote their products to sell easily in market,so theres no things that can block to promote crypto.

[VeeraS]

DJ Khaled and Mayweather had an issue about shilling an ICO. And other celebrities hyping or promoting scam coins. Who would actually rely on their words? If you're listening to celebs then you are not ready for this type of market at all.

rarely are artists who have an interest in blockchain or crypto technology as investment, trade or virtual currency types. so I'm not sure, because in most cases, celebs are only paid to promote to attract a lot of interest from new investors

[wxa7115]

A lot of people will do. Interesting fact is, everybody knows that Celebs will prompt even shit if they get good money, but the majority of people will believe that those are true as a Celebe is telling that.

We have a celebrity culture in many countries, just take notice of the amount of time that things like sports and celebrities take in a regular news paper or in the TV news and you will see that they occupy anything between 30% to 60% of the time and as you know there are websites, magazines and TV shows completely dedicated to that so I agree that many people will fall for it because they do not know any better.

I am sorry for those people because they are going to be scammed of their money but even if that is the case you should not let yourself make the same mistake and if you see a friend or family member about to do something like that prevent them and explain to them why it is a bad idea.

[llyfee4u]

I for one certainly would not.  Far as i'm concerned, celebrities seldom promote anything they strongly believe in, either because its not worth their time, fear of being criticized or not wanting to be affiliated with it.   In most cases, they promote only things that they get paid to promote.  IMO, its the one thing that crypto doesn't need.   

[Godric-Gryffindor]

If a crypto startup project hires an actor or famous celebrity, expect that their product is nothing more than a money raising scheme. If hype would have been the most important for an ico they can easily get it in this industry, but the real fight can be found after ico and while they are developing the product and establishing real market use.

[amonymous]

Actually it will be everyone,if he gets the feeling of success.for that good knowledge about cryptocurrency market.because now there is no good profit from 70% ICO Coin in Invest.in fact now the crypto market is very low.So you can promote however, it is measured by the measurement.

[jabrix]

Yes that is true , I believe there are actually many celebrities that are promoting crypto currency, even if they are not been payed to promote crypyocurrency , but the celebrity themselves are joining the cryptocurrency activities, also for there interest in acquiring bitcoin and other altcoin , just like also naking investments.

It's no secret that many celebrities have crypto, and promote crypto among themselves. Certainly not a strange thing, because celebrities have a lot of money.
Why don't they promote openly? Of course they don't want to, because open promotions in the media have to be paid. So they invest in silence, and make cryptocurrency in their wealth portfolio.

[ntsdm1]

DJ Khaled and Mayweather had an issue about shilling an ICO. And other celebrities hyping or promoting scam coins. Who would actually rely on their words? If you're listening to celebs then you are not ready for this type of market at all.

Many celebrities have no idea what they're advertising.It's all about fees.Due to the very bad fees at ICO, this method will attract a lot of investors.I think that this is currently the best marketing ploy.Any blogger will not be able to attract such a scale of people as any celebrity can easily.

[ASHLIUSZ]

It is our responsibility to research about the project and make the investment. Celebs indirectly have crypto portfolios, and for money they'll do anything. Even they promote scam projects, but they won't invest on those projects. To be on the safer side it is our money and we need to take responsibility than going on someone else words.

[Sadlife]

If they're promoting scam projects then that wouldn't be much of a promoting rather than its making the reputation of crypto look bad on institutional investors and average citizens. A good way of promoting is sharing knowledge and awareness of crypto currencies and how to use it and once they known they wouldn't dare to convert their money to fiat ever again.

[Question123]

It's your choice if you are going to believe to the celebrity to that advertising cryptocurrency or promoting it. I think it's not a bad Idea to promote cryptocurrency with the help of celebrities because of that we can get a lot of investor that can help to increase the market again from the dumping value happen last year 2018. It's time to have a lot of advertisement and promoters like the celebrities.

[LogitechMouse]

Well, I'm not surprised that celebrities will endorsed crypto since they are being paid when they endorsed one and who doesn't want money right . Even though they promote a coin, we need to do some in deep research before we throw our money or else we will be scammed by this stupid scammers.

[gabmen]

Well, I'm not surprised that celebrities will endorsed crypto since they are being paid when they endorsed one and who doesn't want money right . Even though they promote a coin, we need to do some in deep research before we throw our money or else we will be scammed by this stupid scammers.

Celebrities promote all sorts of products but i doubt it'll be the same with crypto. Imagine a celebrity promoting a share of a new business in the stockmarket. I don't think they'll have a major effect in that.

[rdbase]

Maybe not trust in one celeberity when they decide to promote cryptocurrency but an entire organization instead.
Just as the soccer team who endorses their own alt coin.
The club is a professional soccer team in a league located in the united kingdom.
This is a better example in who you should trust in the cryptocurrency space.

[imstillthebest]

What you see is what you get , so yes i believe it .  celebs are promoting crypto because they are being paid to do that . the advertiser pays the network or the media to advertise his cryptos because he wants it to become more popular in public  .

the network or the media will also hire a celebrity and they will pay it to do the advertising job  . there is nothing illegal about that  . infact this was actually a good idea .  kudos to them  .

[yrrehc16]

There is no suprise now as the impact is getting bigger and larger.
If you will just see the GCOX, you will see more celebrity having their own token!
MANNY PACMAN PACQUIAO is one of them and as i remember MANNY did promote it on one of his fight!

[sunsilk]

It is our responsibility to research about the project and make the investment.

A very wise investor wouldn't buy the promotion of the celebrities. It may sound good and promising because they are promoting it but we are all aware that these celebs were paid just to shill and promote those tokens.

Celebs indirectly have crypto portfolios, and for money they'll do anything. Even they promote scam projects, but they won't invest on those projects. To be on the safer side it is our money and we need to take responsibility than going on someone else words.

They might even don't know what they are promoting. As long as they'll sign the contract from the advertiser and give the script, they are good to know. In the crypto world, everyone should be vigilant and don't be too gullible with your idols.

[TheCoinGrabber]

Celebrities are the last people I'd listen to when it comes to finance. You can't even trust them with product endorsements - they'd endorse anything even if they are not using it as long as they get paid. Likely what also happens with ICOs for alts.

[Huntler1993]

I think this might be a new strategy most people are adapting to since they've realized most of these celebrities do have a lot of followers, it is easily possible to influence them through that means. Although it might be true its about time we stand by our own choices and stop getting influenced easily by these people. Most of these celebs have little knowledge about the crypto world.