The power of influencials and brand ambassadors, don't fall for it.

[Z390]

Most celebrities don't even know what they are influencing, they hardly have any relationship with crypto to begin with, that's why it's wrong to just accept the calls from companies to come and do the influencer things for them.

To me, celebrities are just tools, they don't know what's going on in the back, so do not blame them, but there are some influencers that I don't like, those are the crypto influencers on YouTube, all they do or all they are doing is because of money.

They tell their viewers to buy a coin or token, indirectly, to avoid getting arrested as investment advisor, they will say it's what they are buying but its not a financial advice, it's all a trick, and after that the coin or token will start pumping, because many people are buying, then they will take profit without them knowing, the coin or token don't need to dump instantly that day, they will take the profits slowly.

Out of 100s of crypto influencers on Youtube, only 9 of them are saying the truth, and they always have less followers than many others who have thousands like Crypto Banter.

[nelson4lov]

You won't ultimately blame these influencers and celebrities, they may not know if it's a scam project they are advertising or not, with the way it would be designed and presented to them that even with research done you still might not find a fault at that moment cause these scamming project are also good as fvck in covering their track. If the government are not declaring or raise an alarm that these projects as scam projects how will it be that the influencer who's just called to do an ambassadorial advert will know.

We have had had some managers in the forum manage scam projects like casinos, exchanges which at the beginning they never showed any signs of scam. And these managers I supposed must have done their own background study before accepting to manage those kind of projects only for it to turn out to be a scam project running away with users money and even leaving the repute of such Manager at risk.

I will disagree with you on that. I've seen it happen multiple times ~ A situation where influencers are sued to court for that promotions of projects that turned out to be scams. As much we'd try to blur the picture, influencers have a responsibility to their community to  introduce them to legitimate projects. Anything other than that is an outright abuse of the power and influence given to them by their community.

If more influencers starts getting sued by their community, that nonsense will come to an end.

[Doan9269]

Everyone has their favorite person they love as a fan either through music, football, actor and actress, Mr. and Mrs., and content creators and because of the power they possess, they get endorsement deals, and partnerships to influence products to the people to make outreach to the consumers and potential customers they can influence to buy the products because of that love and likeness they have for them.

Influencers are not the bad actors, they are not the owner of what tyey are advertising just as me and you are promoting for an organization in a signature campaign which we don't know their owners in person, but because we trust them, we work for them and they pay us, same are these influencers, there's is not about verifying the nature of what they were being offered to promote, they accept any offer in other for them to earn money from it, but now to our own side, we are the ones involved in making this transactions using our money, we have to research, avoid risk and know what we are going for not to be scam irrespective of those influencing it.

Avoid being influenced to buy a coin or any project, learn to do your own research, do some background check about the project, check the aims and objective of the project, the scope of the project and what they want to do, and not some unrealistic magic just to eat investors money.

We wouldn't love to loose our money so we have to make a thorough research on anything we are investing on, in cryptocurrency, if we think we don't have to go that much in taking risk, then it's better we maintain bitcoin investment to avoid having encounter with projects that won't last.

[Odohu]

Brand ambassadors do not really need to know everything about what they advertise or use same. Companies and businesses pay them because of their audience... people that will know about the business or product through their platform.

 Lionel Messi advertising a particular drink does not mean he must be a consumer of the drink... he is just paid to tell you that such drink exists and how fine the drink is. You  are only required to check if you like and need what they advertised or not. No one will force you to buy what you don't have need of.

[Iroh]

Brand ambassadors do not really need to know everything about what they advertise or use same. Companies and businesses pay them because of their audience... people that will know about the business or product through their platform.

I think brand ambassadors should have a great deal of knowledge and understanding of what they’re trying to sell to their audience. It’s only fair that they do.
But a lot don’t seem to care about what they’re advertising as long as they’re getting paid without receiving any public backlash. As ambassadors of a brand, you should have an above average understanding of whatever product or services you’re representing.

[sokani]

You won't ultimately blame these influencers and celebrities, they may not know if it's a scam project they are advertising or not, with the way it would be designed and presented to them that even with research done you still might not find a fault at that moment cause these scamming project are also good as fvck in covering their track.

Don't be quick to let them off the hook, they are supposed to do due diligence. Some of them are just greedy and they forget that they also have a reputation to protect. Celebrities and influencers command a lot of followership and they have many persons looking up to them. Most crypto owners know this that's why they pay them to advertise their projects and whatever product they endorse or promote, some gullible people will follow them blindly. There are projects promoted by celebrities that turned out to be scams but the recent one is that of Ronaldinho, he's been accused of running a scam crypto project but he claims he was only a brand ambassador. Imagine the damage this could do to his reputation if he goes to jail.

Ronaldinho Allegedly Tied to 2% Daily Return Crypto Scam

[Alpha Marine]

It's funny that some people underestimate the power of advertising.
I'm not an expert on how the mind or brain works but I know that if you walk into a mall to buy a product you're not very familiar with and you see different brands of those products, some of the things that will help you make a choice are
1. The products you see often: You'll most likely go for a product you've always seen being advertised on TV, billboards, or social media and the internet. You'll hardly go for a brand you've never seen before.

2. You'll go for a brand with beautiful packaging. We may not know it but we're influenced by the packaging of a product. We will most likely pick the one with more beautiful packaging.

3. You might just go ahead and pick the product you've seen your favorite celebrity using or talking about.

We will make these choices and feel we made the decision ourselves but Nah, we were influenced by something or someone.
It's the same thing with the crypto community. We'll see influencers on YouTube talking about a particular project. Saying all these good things about the project people fall for it without really knowing what the project is.

Sometimes on my Twitter timeline, I see people talking about a particular project even with a hashtag (#). I just know that the project is running a serious marketing campaign and if I'm not convinced I just ignore it.

[Kasabus]

I often see this on YouTube but I'm not interested and will just press the next video button. They can use many ways to attract more people to join them. We have to be careful and do research is the best way to avoid being scammed.

Usually, they get paid for certain projects to help spread information about the project. They have nothing to do with the new project and just accept the job offer and get paid. And we can't blame what they give their followers, especially money.

But of the many influencers, some influencers are truly honest in sharing information with their followers. Usually, such influencers have very large and loyal followers.

Good influencers these days are actually rare to find as most of them are just doing it to satisfy theirselves financially. However, there are still few who can be well trusted when it comes to the projects they will promote, but still if you jump to investing without doing your own diligence to research, then you won’t still be successful in the end. Crypto influencers are only there to do their job and even promote projects they aren’t even sure if they will be successful in the future, so investors should also do their part through researching and studying the projects before they decide to invest.

[Jon_Hodl]

The only thing worth promoting or trying to influence people to accept is Bitcoin. If someone is influencing people to buy or accept bitcoin, that is something I can get behind but if they are promoting a Bitcoin scam like BlockFi, FTX, Celsius, etc. we need to call them out as scams and be ready to direct people to the tools/services that aren't scams.

I like to keep things nice and simple.

Buy bitcoin
Self custody
Secure your seed phrase
Run your own node

If everybody does these 4 things, then it is only a matter of time before we unequivocally win and bitcoin dominates the entire world.

[sunsilk]

Well, you have spoken the truth about majority of these influencers and ambassadors. They know the name of the brand where they've made a deal but they don't know wholly what they are.

The problem on these influencers is they don't really do research before accepting a deal whether it is an x deal or a brand deal with a contract. I've seen a bunch of them that never talked any sense of what they have promoted.

What matters to them is that they've been paid and that's all enough for them.

[Davidvictorson]

What makes one a crypto influencer these days? They don’t need to have in-depth knowledge of crypto or blockchain, they can simply read an article online and rephrase it to make it look like theirs. Most crypto influencers don’t know what they are saying half of the time, they are like actors reading a well written script. Influencers are in it for the money, they are not interested in making a difference, they just want to make money from their followers. That’s why we see many influencers promote projects without doing their due diligence whether the project is genuine or not.

Sarcastically a crypto influencer is any one on the internet with more than 1k followers who talk about crypto. They just copy what is trending, put it in their own words and spur it out without doing their own research or having a solid personal opinion backed up with facts. These people are worst than those antibitcoin campaigners at least these guys are doing it for something other than money. The crypto influencers and ambassadors are doing it for the money - they promote scam projects and we know those who promoted FTX. Personally, I feel that when a promote fails and the clients are scammed, these crypto influencers and ambassadors should be arrested too because many of their followers blindly follow them.

[Out of mind]

✂️

They don't use what they advertise: A good leader must show a good example, that is what leadership entails, you lead then others follow but influencers don't buy crypto or coins they advertise on their page, the only thing they want is their money. You will be shocked that they received the influencing fees in BTC and USDT instead of the crypto they advertised, they know very well that the coin they are trying to advertise is fake and not worth it but they will sell it out to the public by the way, just to do their bad job for fans to buy what they don't use.

A good actor and one who knows how to lead is followed by everyone, and if that person advertises something, his fans are eager to use it. We know there are many influential people who use the good stuff and advertise the bad stuff, so they get huge sums of money from it.  We notice in various social media when an actor or a big influencer advertises something they never use but promote it for their fans to use. There are many actors who advertise crypto to individuals, accepting fees in Bitcoin and USDT. There are many such actors and influencers who share fake ads and sell them in the market to advertise them. And the people who see those ads buy them, and those things are always bad, never the good things they sell. And people see those ads and buy those products and get fooled, that's basically how many people advertise and sell fake stuff.

[GiftedMAN]

Brand ambassadors do not really need to know everything about what they advertise or use same. Companies and businesses pay them because of their audience... people that will know about the business or product through their platform.

No I disagree with you, I think any one who's been contacted to promote a particular product or become an ambassador to any brand ought to make out time to know the product he or she is trying to use his or her influence to promote before signing the deal with the company l, you don't go about running an advertisement for a brand you have not tried simply because you are a celebrity knowing that a lot of your fans may be scammed their bodies destroyed because they thought being a super star running the ad for the company you are also making use of the product or brand as the case may be. I think it is necessary for all the stars, celebrities to do a review of the products they tend to advertise before doing so.

Recently in my country Nigeria a man made a review of a particular skin care products which has been destroying so many peoples body according to him but the CEO of the company denied and even threaten to sue him to court but funny enough when the guy shared the video of some of her product it was discovered that the  product that some brand influencers has been promoting has no (NAFDAC) National Agency for Food & Drug Administration & Control registration.

[Wakate]

Well, you have spoken the truth about majority of these influencers and ambassadors. They know the name of the brand where they've made a deal but they don't know wholly what they are.

The problem on these influencers is they don't really do research before accepting a deal whether it is an x deal or a brand deal with a contract. I've seen a bunch of them that never talked any sense of what they have promoted.

What matters to them is that they've been paid and that's all enough for them.

What many influencers care about is to make endorsement deals and make money for themselves. Some do not care about the reputation of the product they are influencing and they keep making people to buy the product even when other make continuous complain about it. Whether a music artiste or any kind of influencers, these people are only after what they will again especially for the crypto influencers that keep making innocent investors to invest in bad or scam projects because they are been offered huge amount of money for promotion.

[Marykeller]

The influencers you hear of, people are into it because of the monetary aspect of it. If the monetary aspect of being an influencer is removed today, you will discover that there won't be anyone calling themselves or doing the work of an influencer again. The work of being an influencer will exist no more in people's minds.

What I am trying to say is that influencers are only after the money, they don't care about what will be of what they are promoting to their subscribers or followers. Once the offer of the product or project is enticing to them, you see them sugarcoating the project the next day.  

In the next week or months, you will find them promoting the same product but a different brand, forgetting the ones they talked about before. If anything like a scam comes out of it, you get them denying their involvement in it in the first place

This is why I don't go by what influencers talk about since they only care about the money given to them and not your safety or notices of the dangers ahead to avoid

[cafter]

Fans really like their favorite celebrities because of the characters they pretend to be in movies. when these celebrities tell people to use a product, their devoted fans often give it a try and develop trust for that brand.

We can't really know what someone is like because we don't know them personally. I don't trust celebrities who advertise things because I know they are paid to do it. Instead, I rely on my own research.

Some celebrities promote gambling websites because they make a lot of money from it. But it's important to know that once someone starts gambling, it can be really tough to stop. People can lose all their savings, have problems with their family, and even become very sad, stressed, depressed.

[Finestream]

Why you still intend to fall and believe these crypto influencers and brand ambassadors when you can actually influence yourself through consistent research and studies in the crypto forum and market. That way, at least you know that you are gaining legit and reliable information out from your own diligence to learn ultimately. Believing on them instantly is never a smart choice without doing your own part through research and through your own experience in the market.

[Sandra_hakeem]

It's only a fool that thinks brand ambassadors aren't paid specially to run 'em ads - given that whatever they're advertising would be made to to its fullest for the ads to motivate the audience... E.g, I've been seeing multiple ads on the gram about some local/exotic games like ; ayo, poker, crash ect... These celebrities would be playing with specialized app on their screens - now that creates a false impression in the minds of the audience. Sometimes, I go as far as checking out Thier reviews and, the outcome is usually terrible... Don't try this shit!

Sandra 🧑‍🦰

[Ndabagi01]

When it comes to making financial investments with your own money, believing or following the advice or instructions of an influencer should be the worst thing or mistake you can make. Many people have perished as a result of mindlessly following the counsel of internet elites. We all know they've been paid for it; who doesn't do or say what they're instructed when they've already been paid? None, I believe.

I don't always blame them for doing so, but if we were in their shoes, we might have done the same. Money's power is uncontrollable these days, as the world evolves. When something appears to be a fraud or is already displaying red flags, I believe it is their responsibility not to promote such a project. Because they risk losing their devoted supporters and having a bad name attached to their names, damaging their reputations for a shitload of money.

[hatshepsut93]

I doubt that people who are already interested in crypto can be influenced by celebrities, it only works on people who don't have any crypto and know nothing about it. However, crypto enthusiasts can be influenced by so called crypto experts - those who have made their name in crypto by starting a company, launching a project or even just talking about crypto a lot. This is as dangerous as getting influenced by a clueless celeb, because the experts can too promote a scam if they are paid well enough. Or they can promote a shitcoin that will collapse because its a shitcoin.