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Topic: Do you trust celebrities endorsing cryptocurrencies? - page 29. (Read 21838 times)

sr. member
Activity: 841
Merit: 251
Maybe yes, using a known celebrity is a good advertisement and can create a hype for the community. Well if a project use celebrity it seems a good project, capability to funds their activities to introduce the project. One thing more, the team is transparent, celebrity must see the team for sure so risk to invest
newbie
Activity: 51
Merit: 0
Of course I do trust them, they can influence people they are known and certainly won't be part of any scam. Why? Consider that the ICO or any coin endorsed has to pay their price and why would such a fake ICO enter into such agreement? Certainly these celebritites would pull a lot of investors because of their influence.
sr. member
Activity: 1330
Merit: 326
Most of the time I don't want to hear what these celebrities say, because most of the time they say things that affect the whole market too much.
So that's not a good thing.

Correct. And not all celebrities are trusted. They are just used by cryptocurrencies to increase the popularity of their coin. Thus also increased their value. But usually, their endorsements are full of scripted lines and didn't really understand cryptocurrency.
jr. member
Activity: 93
Merit: 1
ALLUXE.io - Decentralized Luxury Platform
I want to hear other people's opinion if you would trust celebrities endorsing cryptocurrencies.

Are you kidding me? Those people, especially celebrities are just there because they are being paid. It doesn't mean that underlying project of the cryptocurrency will definitely be successful. It just means that they have money to burn.
jr. member
Activity: 138
Merit: 1
I think most people understand that celebrities endorse projects because they were paid to do so (there may be a few exceptions that are guinely interested).
Unless they're somehow involved in the tech world, I don't think anyone takes them seriously.
Bitcoin Cash is a catchy tune by Lil Windex, but I don't think many people are looking at it like legit investment advice
jr. member
Activity: 199
Merit: 1
it depends what crypto endorses if the crypto looks interesting and has good future prospects, maybe I will trust it, but difficult to determine whether the new crypto has a good prospect or not
member
Activity: 392
Merit: 12
The Fourth Generation of Blockchain in DeFi
I want to hear other people's opinion if you would trust celebrities endorsing cryptocurrencies.

Do you invest in ICOs which are promoted by bounty hunters? Or maybe you do your own research? I'm sure that nobody risks their money because a celeb said so:)
full member
Activity: 714
Merit: 104
Never, celebrities earn moneys from ads.
So there is no reason to believe him
sr. member
Activity: 574
Merit: 250
is there any celebrity endorsing the cyrptocurrency. I don't think to trust the crypto promotion by only because of the celebrities that are endorsing. I will always as usual, analyzing the ICO and considering whether is is profitable or not for investing or trading. I must make deeper analysis, not because of the celebrities endorse.
newbie
Activity: 63
Merit: 0
Yes, I trust the celebrities will endorse the cryptocurrencies. I have even pushed how The celebrities are ready to be endorser of Cryptocurrencies. They are ready to introduce about cryptocurrencies to the world community. And I think It's a good opportunity.
jr. member
Activity: 238
Merit: 1
Celebrities are paid to support and that does not reflect their personal involvement in the project. If they say things that have a good understanding then we have something to think about, But if they say things without understanding the market then it's just bullshit.
newbie
Activity: 182
Merit: 0
I want to hear other people's opinion if you would trust celebrities endorsing cryptocurrencies.

It seems that the purpose of paying celebrities to say their opinions about a crypto is not for a community that is already in this field, because the community probably has more knowledge. But I think this way is very influential also for the community, because of course optimism is very necessary to be maintained in the growth of this industry.
jr. member
Activity: 196
Merit: 3
Absolutely NO, from the word itself "celebrities" they are just paid to advertise even though they don't know anything about the product they are advertising. As long as they got paid and paid n great amount they will definitely advertise something. So my advice is that don't trust celebrities when advertising cryptocurrencies.
TGD
hero member
Activity: 1288
Merit: 620
Wen Rolex?
I want to hear other people's opinion if you would trust celebrities endorsing cryptocurrencies.
I'm not trusting anyone specially celebrities as they are also paid to promote the coins. it is my responsibility to research for a coin I want to invest.
on this case people that are tend to follow their idolized celebrity there is some case that they may not think to research on it they just want to try cause they trust for what this celebrity talks about bitcoin even this is paid for endorsement.
member
Activity: 588
Merit: 10
Of course it's good. Crypto is very open to anyone. So it's no wonder also if any celebrities interested in joining. And probably will be able to cooperate very well, it could be an ICO project promoters so maybe later.
sr. member
Activity: 784
Merit: 250
on one side this is certainly a nice marketing strategy. even boldly pay celebrities then surely the crypto has a good capital to pay more. but for analysis, I think the most important and should always be done. though impressed difficult and many do not understand but the analysis is the most capital should take precedence.
newbie
Activity: 44
Merit: 0
celebrities endorsing bitcoin is a great one because they have the fan base and they are like icons that people follow. obviously i trust the process as it has a positive impact on the market.
sr. member
Activity: 728
Merit: 250
Look ARROUND!
I want to hear other people's opinion if you would trust celebrities endorsing cryptocurrencies.
In no case should you trust the celebrities who support any ICO projects, because there have been many cases that such projects turn out to be scams. So they create a buzz around the project, and after all disappear with your money.
jr. member
Activity: 406
Merit: 1
It seems to me not worth listening to celebrities, they work for the public, but in their own interests, which do not always coincide with the interests of ordinary people!
full member
Activity: 770
Merit: 102
Matrix Built On An Ethereum Smart Contract
I want to hear other people's opinion if you would trust celebrities endorsing cryptocurrencies.
Personally I would view it as a negative. If you have a serious project that deserves to be funded you will not have to rely on celebrity endorsements to raise money. When I see a project being endorsed by a celebrity I automatically think they are doing this because they can not raise funds from experienced cryptoinvestors because the project lacks substance and are instead targeting gullable followers of the celebrity.
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