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Topic: Do you trust celebrities endorsing cryptocurrencies? (Read 21796 times)

jr. member
Activity: 707
Merit: 1
I don't support such. They are only there to hype and collect their own pay. The worst is that, the project they may endorse might be a project with no use case. A good project with good use case hardly needs such.
hero member
Activity: 2772
Merit: 524
Leading Crypto Sports Betting & Casino Platform
Nope, they are just wanted to sell their names to us, the cryptocurrency traders to buy the coin which ever be endorsed by the celebrities.
I agree, you do not need to be conducted on advertising because in most cases the project is a Scam , and famous people do not need to be responsible for this project
After they have promoted the platform and getting paid and then they have no responsibility with it, They just need to get the money from their advertisement.
But SEC was giving prohibition for that.
sr. member
Activity: 1792
Merit: 264
I want to hear other people's opinion if you would trust celebrities endorsing cryptocurrencies.
Celebrity is promoting some projects in crypto because they got paid so I think even we not trust or trust them it's not affect to them because they just promoting it. Celebrities are busy to their work so I think promoting like in crypto is just work for them with salary.
Totally agree. Most of them really dont know what is crypto and they just interested with salary not the project that way as investor dont trust promotor before you do analysis by yourself. The project utility more important than anything.
fully I do not really believe if there are celebrities who support cryptocurrency just to boost its popularity, because celebrities are paid only to support and not an active user involved. it all depends on the project being developed and the main role that is very important is only a project that is able to invite many investors to influence market price movements
jr. member
Activity: 168
Merit: 1
“Justice as a Service Infrastructure”
I don't trust any celebrity promoting cryptocurrency. In my opinion, you can only trust the project team, which includes people with experience in the field of blockchain. And famous people only gain our trust for advertising money, while they have nothing to do with the project.
full member
Activity: 526
Merit: 100
markaccy.io
It's an old post but it's still being bombed by non-creative users.
I don't see artists now, maybe they are deterred from being involved with crypto.
full member
Activity: 571
Merit: 100
I don't trust celebrities who talk about cryptocurrencies because in most cases they say anything for money. It is better to analyze what is happening.
jr. member
Activity: 319
Merit: 2
A nexgen decentralized ride hailing
I don't think you should trust any, only those ones who knows about crypto can be slightly trusted and most time some of them are use as a means for increasing their sales during the ico or if they own the project, at least they can be complain to. Not the others celebrities it might feel strange to people if he or she knows about crypto.
member
Activity: 749
Merit: 13
I want to hear other people's opinion if you would trust celebrities endorsing cryptocurrencies.
Celebrity is promoting some projects in crypto because they got paid so I think even we not trust or trust them it's not affect to them because they just promoting it. Celebrities are busy to their work so I think promoting like in crypto is just work for them with salary.
Totally agree. Most of them really dont know what is crypto and they just interested with salary not the project that way as investor dont trust promotor before you do analysis by yourself. The project utility more important than anything.
full member
Activity: 672
Merit: 140
Of course no!
I already once trusted Floyd Mayweather and Dj Khaled with Centra.. Biggest scam I ever was involved in.
Won´t forget it  Embarrassed
member
Activity: 749
Merit: 13
it's just an advertisement of course celebrities don't know anything about crypto. I ever once following ICO with celebrity as their promotor but the result is the same. When a project is not interesting and it would certainly be difficult to attract investors even though they use celebrity to promote. But will little effect if the promote is an influential person in crypto and never or almost rarely blows negative news. His good name will be at stake if the project that he promoted failed. So we must exclude this case and focus more analysis of the project itself. And make other factors as supporting your analysis.
member
Activity: 805
Merit: 26
Nope! Because like bounty hunters, they are paid promoters also. They just popular people and some of their fans may attract to their sayings. However, as an investor, I could not give my 100% trust to them because I depends upon the project than endorsement. I view the backbone of the project than to look their advertisement. Therefore, celebrities endorsing crypto may help it to become popular but I never believe with it.
jr. member
Activity: 229
Merit: 1
🔰FERRUM NETWORK🔰
I want to hear other people's opinion if you would trust celebrities endorsing cryptocurrencies.
Celebrity is promoting some projects in crypto because they got paid so I think even we not trust or trust them it's not affect to them because they just promoting it. Celebrities are busy to their work so I think promoting like in crypto is just work for them with salary.
jr. member
Activity: 308
Merit: 1
Nope, they are just wanted to sell their names to us, the cryptocurrency traders to buy the coin which ever be endorsed by the celebrities.
I agree, you do not need to be conducted on advertising because in most cases the project is a Scam , and famous people do not need to be responsible for this project
sr. member
Activity: 552
Merit: 250
I don't  believe and trust on them because they only want to expose and to be popular so that is why endorsing cryptocurrency but if businessman endorsing cryptocurrency with prof like mcafee yes i believe  on him but celebrity i doubt that they are also using what their endorsing.
full member
Activity: 644
Merit: 107
That is a marketing strategy. because the celebrities is someone who in the public eye has more value in terms of impressions. so it is expected that when people see the celebrities, it will be embedded in their minds something that is promoted. I will consider the project. because usually if the project can pay for the celebrities, then the team behind the project is not arbitrary
sr. member
Activity: 1890
Merit: 252
The OGz Club
honestly I think that like the ads on TV, can you really believe that celebrities also use the products they promote? even I'm sure that they don't really know about crypto and the project
but that's just my opinion because not all celebrities are only concerned with money and don't care about what they promote
full member
Activity: 1750
Merit: 118
For money, you can buy any celebrity to advertise your project. Therefore, no need to pay attention to this.

We should pay attention to this matter because this is a serious issue  .  this is about the reputation of cryptos  . if we see a celebrity that is endorsing a crypto , we should believe them  because what we is real  .

The word endorse means They are only promoting it and they dont say that they invest directly on it . that was still a good move,  so chill guys .
jr. member
Activity: 213
Merit: 1
The simple truth is that many of them are just shilling, that is to say, they do it all for some form of reward which is not often disclosed. I'm not by any chance implying that no celebrity can be trusted. I do trust some though, as they might just see the potential in a project just like any of us and seek to bring it to public attention. If I was launching a project, I'll personally like a celebrity to endorse it because that alone has to potential to pull in more investors than you could fathom.
jr. member
Activity: 168
Merit: 1
I want to hear other people's opinion if you would trust celebrities endorsing cryptocurrencies.
I have seen many celebrities advertise their projects as well as just advertised, I think strongly do not need to trust, but it is worth to see the project can it will be well kept on the market
member
Activity: 336
Merit: 10
Proof-of-Stake Blockchain Network
Famous people are removed in any advertising, if they are paid a lot of money. For money, you can buy any celebrity to advertise your project. Therefore, no need to pay attention to this.
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