Who would actually believe celebs promoting crypto?

[SaShiRaJaVu]

Yes you are right, there is no point buying products or following investment ideas from celebrities. But, we can't ignore the fact that, they could introduce the product to a large audience. They could grab peoples attention. In ICO's case shilling makes projects popular and eventually investors would be interested in popular projects. That is why we have seen many people following celebs and famous investors.

The celebrities advertising scam projects will make a negative effect rather than having a positive one, no matter what they advertise you must have the intelligence to understand the project and what they are trying to achieve and then make your decision rather than investing just because a celebrity said so, they will advertise anything for money.

[LUCKMCFLY]

Yes you are right, there is no point buying products or following investment ideas from celebrities. But, we can't ignore the fact that, they could introduce the product to a large audience. They could grab peoples attention. In ICO's case shilling makes projects popular and eventually investors would be interested in popular projects. That is why we have seen many people following celebs and famous investors.

The celebrities advertising scam projects will make a negative effect rather than having a positive one, no matter what they advertise you must have the intelligence to understand the project and what they are trying to achieve and then make your decision rather than investing just because a celebrity said so, they will advertise anything for money.

This is very true, because everyone talks about the advice that Mcafee can give, but recently the last one he gave has not convinced me, although it would be something very big, but I am somewhat skeptical about it. However, it is necessary to make an analogy: it has been proven throughout history that many celebrities of the Stock Market have failed completely in their predictions, as happened to Isaac Newton, could calculate the movement of bodies, but could never calculate the movements of the masses with the emotions of Supply and Demand.

[peonminer]

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.

No no no no no no no no and no. I would not listen to a celeb endorsing a coin unless it was Mr. Wonderful. Look at McAfee predicting and promoting BTC's price. He's on track to eat his own dick by 2020. https://diegorod.github.io/WillMcAfeeEatHisOwnDick/

[Gaff]

Yes you are right, there is no point buying products or following investment ideas from celebrities. But, we can't ignore the fact that, they could introduce the product to a large audience. They could grab peoples attention. In ICO's case shilling makes projects popular and eventually investors would be interested in popular projects. That is why we have seen many people following celebs and famous investors.

The celebrities advertising scam projects will make a negative effect rather than having a positive one, no matter what they advertise you must have the intelligence to understand the project and what they are trying to achieve and then make your decision rather than investing just because a celebrity said so, they will advertise anything for money.

If celebrity will going to promote crypto which possibly become a scam project, I think that doesn't bring a good reputation to crypto and also for the fame of that celebrity. Promoting crypto shouldn't be handled by prominent person or a celebrity, maybe social media and youtube could be enough. Involvement with crypto to celebs isn't appropriate, because at first it was anonymous that's why more scam project was likely to use it for cyber crimes scamming people around the world.

[BeManga]

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.

celebrity have no background in crypto and they dont earn in crypto the money they have
so for me i will never listen or invest related to them

[blockman]

celebrity have no background in crypto and they dont earn in crypto the money they have
so for me i will never listen or invest related to them

Some celebrities are aware of bitcoin and crypto but most who are paid to advertise aren't aware of it.

Don't listen to someone who isn't even know what he's tackling about. This is the best thing to do when you are in an unpredictable market, don't take each person's advice as financial advice because in this volatile market, you can only trust yourself when it comes to decision.

[iMark]

Celebrities will advertise anything. After all, they get a fee for this and, moreover, not a bad amount. So why not earn a little, and even remind yourself through advertising. After all, they get paid for advertising immediately and with money, and not tokens like bounty hunters

yeah even they may not care about the content of the ads they are promoting, the most important thing is that they get paid for it, unless celebrities become investors in their coins, and become a symbol
 for a particular project, maybe that will make the coin more trusted

[qwertyup23]

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.

Not to generalize celebrities but most of them only have the means of investing while lacking the proper understanding and fundamentals of the topic. To give you an example, Mayweather is absolutely considered one of the greatest boxers of this time but his lacking of basic investment methods hinder him from making proper decisions. In addition, they get easily attracted and captivated by ICOs while failing to do background checks or research on the company.

If I were to base my decision on someone, I would rather listen to an financial/trading expert who has a background on investing compared to celebrities who know little to nothing about investment.

Celebrities will advertise anything. After all, they get a fee for this and, moreover, not a bad amount. So why not earn a little, and even remind yourself through advertising. After all, they get paid for advertising immediately and with money, and not tokens like bounty hunters

That is their job in the first place since they target the audience with little understanding of investment. Unfortunately, that is the sad state of some advertisements. Lack of authority in promoting something that does not coincide with their profession line or background.

[steveabrahams]

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.

Tbh it's a good way to promote the ICO, i'm sure many people will look what is that and even invest on that ICO only because of that celebs promoting that. In my opinion it's still same, you must be careful and don't invest your money blindly on ICO even promoted by celebs.

[BlackPanda]

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.

Basically they all get paid when doing promotions. That is a natural thing because usually they will not be too familiar with the procedures they are promoting, they are only brand ambassadors and when the project fails then we cannot blame them. The result is that the one who will continue to be responsible is the development team of the project.

[PlusOne88]

I wouldn't be relying on any celebrities pushing ICOs no matter how good it is. Still I would rely on my basic understanding about the project. We know celebrities work because they are paid or may be used to promote the project without consent. Many of these scam ICOs could penetrate using the same idea effectively towards the market. See websites you will see some faces of celebrities endorsing a product which I think was edited to look as if they pose for the product. Relying too much could only lead to nothing but trouble, not unless if it is confirmed authentic which could serve us a basis for thinking that the project's management is really doing their best to promote their product. Yet always stay with your logical reasoning for you not to be caught in the net by any scammers.

[Danica22]

Money is the reason why they accept to promote altcoins. They have a little bit knowledge about what is cryptocurrency is but I don't think if they are really interested in it. They are using Celebrity for hype, like Stox did.

[Canoppo99]

A western rapper also include bitcoin in their song lyric, but don't negative thinking about that. Atleast word abput cryptocurrency is spread among society. Honestly, I am sure that bitcoin is one of good invention that can make the world economy to be better so any news about bitcoin at the end will only result to grow bitcoin adoption.

[bitfocus]

oh! a lot of people will do as celebs are kinds demi-god to them, but no sane people will trush such stunt, because we know that celebs will do anything for good money

[Ruffian1314]

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.

I agree to this. Many people are not very knowledgeable in crypto so if they saw their idols doing it then they are easily attracted to do it too even though they don't have enough details and information in a certain project.

[darkphoenix2610]

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.

Well agree but some of the people are believing in their idol even it was scam they will take a risk without knowing what is the platform all about they are just hyping so that they can get their commission on promoting their project, they just want the money and they don't care about the people who believes on them, they must have enough knowledge on crypto so that they can avoid being scam.

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.

I agree to this. Many people are not very knowledgeable in crypto so if they saw their idols doing it then they are easily attracted to do it too even though they don't have enough details and information in a certain project.

I'm agree on this statement they are just like crazy to believe on their idol, they didn't know about the truth on what the project all about, they didn't make research to have a knowledge or background on what is crypto all about.

[goaldigger]

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.

I would actually believe if the one who promoting ICOs or alts are Mark Zuckerburg, Bill gates, Ellon Musk and other celebrities who has a great knowledge on technology and really understands the concept of bitcoin and its market. Other celebrities or artist are just like promoting a beauty product which they never use, because thats what they are doing.

[rodel caling]

Yes I believe the power of popuplar of the celebrity their can help to encourage people invest their promoting project without doubt. But supposedly because of the trust people they invest without learning and study special people brand in the crypto understanding.

[kingpin4321]

For a long time products and services has employed celebrities to promote there brand and this strategy has been paying off.
 Cryptocurrency being promoted by the right celebrity with the right idea can improve the popularity of cryptocurrency

[AniviaBtc]

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.

Cryptocurrency is becoming more popular all over the world, that is why even celebrities start to have an interest to invest their money in crypto and they are starting to promote and advertise it for more people will be interested to invest.