Did you start investing in bitcoin because of some celebrity ? - page 5.

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Quote from: kiba on July 29, 2010, 10:19:43 AM

Quote from: krishnaverma on May 10, 2024, 11:40:14 PM

I see that current youth is inspired by celebrities and influencers in big way. Did you also start investing in bitcoin because of some celebrity ? Or you know people who belong to that category ? Is it a wise decision to do so or we should do our own research for better results ?

Celebrities promote many things in exchange for money which we call influence. they create video content only to show people with no guarantee that they will engage in it. So of course it is important to do your research before investing money in anything. But I am always encouraged to invest in Bitcoin. but I don't invest in influencers when they promote them for anything else. and Bitcoin has no regulatory body so I don't think the influencers get paid to promote Bitcoin. so I will definitely invest in Bitcoin

Celebrities are supposed to promote a business or a brand in exchange for money,but it's t advisable to disregard certain preparations and awareness towards a plan or investment choice such as Bitcoin.Most of the time,these so called influencers don't even utilize and demonstrate whatever they display over the internet for us on themselves.Although,some people are likely to be influenced by all these things and it affects them intentionally in one way or the other.

Recently,most youths or this generation are obsessed and mostly inspired/influenced by celebrities and they try to replicate and copy whatever that they do,which is why celebrities are the ones used to promote a business these days.But whatever happens, it's crucial to always adopt the DYOR syndrome before you attempt anything.I would never accept an offer because my Favorite celebrity is an influencer to the business.

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Quote from: krishnaverma on May 10, 2024, 11:40:14 PM

I see that current youth is inspired by celebrities and influencers in big way. Did you also start investing in bitcoin because of some celebrity ? Or you know people who belong to that category ? Is it a wise decision to do so or we should do our own research for better results ?

Personally, I would never invest into something just because some celebrity or influencer talked about it because in the majority of cases they have no idea what they are saying and/or promoting, they just care about getting the money. Or is there anyone in here that believes that celebrities who live in a different world from the rest of us actually care about normal people? I can't even stand commercials with celebrities, why should I buy a tv or a beer or get a certain credit card just because an athlete or a singer is promoting it? Guys, think using your own brain, don't live caring about celebrities.

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Quote from: krishnaverma on May 10, 2024, 11:40:14 PM

I see that current youth is inspired by celebrities and influencers in big way. Did you also start investing in bitcoin because of some celebrity ? Or you know people who belong to that category ? Is it a wise decision to do so or we should do our own research for better results ?

I did not come into the Bitcoin space because of any celebrity or influencer. My curiosity brought me here and that the success I have had all these years is what has kept me going. Celebrities do not a sway in my decisions because most of the celebrities promote stuff that they don’t understand. They promote anything as long as they are getting paid, very few of them make research on the stuff they advertise on their platform.

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Quote from: krishnaverma on May 10, 2024, 11:40:14 PM

I see that current youth is inspired by celebrities and influencers in big way. Did you also start investing in bitcoin because of some celebrity ? Or you know people who belong to that category ? Is it a wise decision to do so or we should do our own research for better results ?

First I'm not excepting such a question.

Yes I know a lot of people are fascinated by the likes of their celebrities but does that really make any sense? Like to jump into something because someone you don't know or know as a result of constant watching in movies or music does advertise or show off his or her achievements via a thing that you don't really have good knowledge about. It's more like looking in to a river and decided to jump in then to realise that it's more deep than expected.

Although one way or the other it's good to try out things whether you know them or not but buying bitcoin or investing in bitcoin when you don't really know about it is only going to end up putting the person in a hot soup as when it's volatile nature shows up it will seem like the world is over for such person.
All I say is it's best to research and find out how things work before putting a dime into it instead of trying and then regret your actions.

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Quote from: Yaunfitda on May 11, 2024, 12:39:10 AM

No, celebrities might have influence Bitcoin to be mainstream, but I doubt that is the main reason why some of us are in this market. And if I'm not mistaken, this celebrities just went out around 2017, whereas there could be members here who have been in this community prior to that. I don't understand what you mean by better results, Bitcoin has been the prime mover of crypto and so it's the first crypto that everyone will invest and it involved itself from payment system by Satoshi to a investment, as an assets or hedge. And for those who haven't seen the roast of Tom Brady, it's even mentioned by someone.

It normal for most people to be easily influenced by their favorite celebrities so I think if one is a fan of a celebrity who's big on Cryptocurrency especially Bitcoin them they could easily be lured into the market if they financially stable to purchase it, take for example during post halving there were lots of talks about the halving from celebrities, Crypto whales and paid actors now come to think of it, don't you think those who got little knowledge of it could be easily influenced easily when they heard it from their favourite celebrities? I've come across someone who comes from a family where tattoo is not tolerated but because of his love for a certain artist he had to tattoo his skin now such person could decide to invest in Bitcoin if same celebrity preaches about it. Nevertheless I won't advise anyone to invest in Bitcoin or any other Cryptocurrency without a proper knowledge about it, cause I things go wrong those influencers won't be there to console you.

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Quote from: krishnaverma on May 10, 2024, 11:40:14 PM

Is it a wise decision to do so or we should do our own research for better results ?

Absolutely right!
Taking a decision based on your own research is a wise stance. Listen to everyone and do whatever your heart wants. That is, you can convince your heart and mind that it is beneficial for me to do it. But all these stances should be within a principled circle, because acting with trust is not wise but foolish. Educate yourself first, then get experience and then act with your own mind. according to your research take a decision. So if you have chosen the right thing, then indeed you will have profit.

Most of the people sometimes follow people i.e. they follow the research of influencers. It is true that they indicate the right time, but they can also give the wrong informstion which can cause you to lose. So it is not better that you act on your own research, which is the mentality of a wise person.

So it's meant to say that taking a decision based on your own research can lead to a better result for you.

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Quote from: acroman08 on May 11, 2024, 11:31:55 AM

Quote from: krishnaverma on May 10, 2024, 11:40:14 PM

Is it a wise decision to do so or we should do our own research for better results ?

it's always important to do your own research when you want to invest in something and even if a celebrity influenced you to invest in something that they are promoting, you still need to do your own research and understand what they are promoting. sadly a lot of people do not do this and just blindly follow what their idol says and the end result is either they lose their money because they don't know what they are doing or lose their money because it is a scam.

Research has become a necessity prior to investing. Even if most celebrities prefer to invest in that type of investment, still the risk to lose will always be there knowing all investments don’t have guarantees to end up profiting. So don’t just be a copy cat, but do your own diligence to learn. Investment will be more successful if you have the good knowledge and have good strategies to make it work, and not just like you rely on other people’s decision making, regardless if they are celebrities or not.

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Nope! I wouldnt recommend basing investment choices on celebrities. Just because someones famous doesnt automatically make them an expert on finances or Bitcoin and celebrities often get paid to promote products or services, but that doesnt mean they actually use or even understand what they are endorsing.

It is best to think critically and do your own thorough research before investing money into anything. Dont just blindly follow a celebritys endorsement or advice without looking into the pros and cons yourself first. They may have different incentives than looking out for your best financial interests.

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Quote from: krishnaverma on May 10, 2024, 11:40:14 PM

I see that current youth is inspired by celebrities and influencers in big way. Did you also start investing in bitcoin because of some celebrity ? Or you know people who belong to that category ? Is it a wise decision to do so or we should do our own research for better results ?

I think it’s high time we don’t follow celebrities and influencers blindly. Am not the type that do follow celebrities and influencers, before I will do anything, I always make sure I do my research first, because I have seen lots of influencers promoting scam projects. Most of those influencers and so called celebrities only care about themselves, they only care about what’s entering their account even if their fans are losing, they don’t even care to make research about the project they are promoting, if you can pay them well, then they will promote your project for you, they don’t care if people are losing, that’s why I don’t trust them.

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Quote from: krishnaverma on May 10, 2024, 11:40:14 PM

I see that current youth is inspired by celebrities and influencers in big way. Did you also start investing in bitcoin because of some celebrity ? Or you know people who belong to that category ? Is it a wise decision to do so or we should do our own research for better results ?

I discovered this some time ago that it seems I'm the only one who isn't moved by what celebrities do. I don't even idolize any celebrity. Apart from the footballers I don't even know that names of many celebrities. I wouldn't be surprised if I walk pass many popular musicians in my country. I was in the airport one day and was actually beside one celebrity, I didn't know until some other group of people walked in and started hailing the celebrity. I smiled and told the celebrity that I didn't actually know him and he was a bit surprised.

I have read where some said they started gambling because their favourite celebrity does;
Some pattern their lifestyle, from clothing to the rest to that of their favourite celebrity;
I wouldn't be surprised if some people started investing in BTC because if their favourite celebrity. But it won't easily happen unless it is a Ponzi scheme or a shitcoin which the owners hired a celebrity to promote.

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Quote from: krishnaverma on May 10, 2024, 11:40:14 PM

I see that current youth is inspired by celebrities and influencers in big way. Did you also start investing in bitcoin because of some celebrity ? Or you know people who belong to that category ? Is it a wise decision to do so or we should do our own research for better results ?

I do not invest because of the influence or encouragement of others - this is purely based on my own will and self-awareness. Investing is a plan I've had since I was a teenager - but I'm sorry to say that at that time I didn't have any income.

Once I had an income - I started planning investments, of course not directly in bitcoin. My first investment was gold and several others which I thought were profitable until I got to know bitcoin. I know there is no story that needs to be told to other people - everyone has a different story about how they got to know Bitcoin and invest in it.

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Quote from: krishnaverma on May 10, 2024, 11:40:14 PM

I see that current youth is inspired by celebrities and influencers in big way. Did you also start investing in bitcoin because of some celebrity ? Or you know people who belong to that category ? Is it a wise decision to do so or we should do our own research for better results ?

I didn't know about famous people at the stage when I first learned about bitcoin, mainly through some colleagues who worked together in the field of information technology. And through the process of many different challenges it built my belief that bitcoin is bitcoin and it's great.

I know about some influencers in recent years to attract new people and prey on people's greed, but basically it is also a way for people to learn about bitcoin goes through challenging processes so that they also realize bitcoin is great.

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No I was already in Bitcoin before those celebrity or famous personalities started promoting crypto currencies, that is why I don't trust them when they promote new coins.
I know they are just being used for publicity, and most of them don't really understand or know about crypto they just got paid for promoting it.
I also feel like those celebrity just got into crypto because of the hype or big news, I don't really think that they would even acknowledge crypto or Bitcoin even if it was introduced to them in it's early stages or years.

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Quote from: krishnaverma on May 10, 2024, 11:40:14 PM

I see that current youth is inspired by celebrities and influencers in big way.

Yep, mate, that's the fact that celebrities make a lot of sense to the youth these days. Because youth thinks that these celebrations are successful people, maybe we can get some profit by following them, although celebrations make money by using these people, that is, they rob these people by showing their name. No matter how much money a person has, he is greedy to earn more. And these celebrations are also included in the same category.

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Did you also start investing in bitcoin because of some celebrity ?

Nope!
I have never invested in Bitcoin by being inspired by this big name shit. I have invested in Bitcion based on my own research. I have also said above that these celebrations lure people on social media to make you a part of their trap so that they can bring buying volume in the buying market or on the contrary, they take Bitcoin from people by creating panic. That is, they abuse these people on the sell or draw and fill their wallets by taking advantage of the opportunity or in other words they want to bring dip for more buying.

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Quote from: krishnaverma on May 10, 2024, 11:40:14 PM

I see that current youth is inspired by celebrities and influencers in big way. Did you also start investing in bitcoin because of some celebrity ? Or you know people who belong to that category ? Is it a wise decision to do so or we should do our own research for better results ?

Luckily not. If I invest in Bitcoin because of my acquaintance and he is not a celebrity. ha ha
No matter where we get information or know about Bitcoin, as long as we are able to optimize it and not just follow along, then it will have a good impact. Remember, after we are introduced, the best thing is to learn about it, don't just be tempted and attracted by the success of the person who introduced it to us, especially celebrities or influencers. Sometimes, they don't match what is being shared. But at least once we understand more about what's next, then we will be able to understand and choose information that is true, trusted, and also something we can follow. but we can't immediately believe everything, but there must be checks and cross-checks and DYOR, that's for sure. And make sure we are ready for the various risks when entering into Bitcoin investment.

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Quote from: krishnaverma on May 10, 2024, 11:40:14 PM

I see that current youth is inspired by celebrities and influencers in big way. Did you also start investing in bitcoin because of some celebrity ? Or you know people who belong to that category ? Is it a wise decision to do so or we should do our own research for better results ?

Make your choice and decision moreover you’re the one controlling your money and making financial decision. I dislike influencers and advert not just crypto related advert but, mostly every advert create by an influencer just to promote a website etc. most celebrities live a fake life so you don’t know if they’re genuinely involve in any coin being promoted on their page, Ronaldo for example and a lot of celebrities end up promoting an unknown website etc. Bitcoin is good and trusted but, still doesn’t show any interest if you invest just because your favorite celebrity invest too. I got my bitcoin investment advice from a friend not a celebrity, at that point I still had to make research about bitcoin investment, learn more about bitcoin and still in the process.

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Quote from: krishnaverma on May 10, 2024, 11:40:14 PM

I see that current youth is inspired by celebrities and influencers in big way. Did you also start investing in bitcoin because of some celebrity ? Or you know people who belong to that category ? Is it a wise decision to do so or we should do our own research for better results ?

It is true that nowadays youngsters are inspired by celebrities and try to emulate them. But I don't have much of a social media following so I don't feel the need to follow a celebrity in bitcoin investing. I got a lot of investment related information from this forum so I didn't have to follow anyone else. But I've seen some celebrities who have tried to create hype with different meme currencies, it might still be going on. If you follow someone else's advice when it comes to investing in Bitcoin or any other coin,at some point you won't even know how much money you need to invest. when I invest I am priority my own research all time.

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Back in 2014 when I got interested in bitcoin Satoshi and other bitcoin brains were that celebrities. I remember being impressed by people who really understood bitcoin like Andreas Antonopoulos, so in a way I did buy because of celebrities, but bitcoin celebrities Cheesy

There were no real celebrities advertising bitcoin, or at least I don't remember any. When you heard someone talking about it it usually was a guy responsible for the server room in your office building, or the guy who came to troubleshoot your Internet connection.

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Quote from: krishnaverma on May 10, 2024, 11:40:14 PM

Did you also start investing in bitcoin because of some celebrity ?

We are not all investors, some of us see bitcoin as a way to make money online, and for me it has been that way since 2014. I like more the vision of getting bitcoins online and making them real money, that's how it works to me, buying coins with real money has been never an option. But it's just my point of view, for sure a lot of users have bought bitcoin in the past and made an awesome profit just by holding their coins.

And i haven't seen a lot of celebrities promoting bitcoin at all.

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No I am not influenced by any celebrity or famous person but I do know some people who also know about bitcoin but I do not know if they are influenced or not. I know about bitcoin from my brother-in-law and at first I don't know what it is but I think to myself that maybe I should try it to learn it and understand about bitcoin, blockchain and how it works. Years have passed and I learned many things about bitcoin and also this forum which helps me a lot (information and such).

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