Topic: The power of influencials and brand ambassadors, don't fall for it. - page 2. (Read 383 times)

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.

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.

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.


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.

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.

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.

That's true, most of the influencers only look at the amount of money they are being paid and never go out and search for what the product actually is and how it's going to help their followers who follow them for some reliable information, if we are actually talking about Crypto in this topic. Most of the influencers still shill one project and get paid $30-$50k per tweet and then they never look back into that project ever. That's the life of every single influencer in this community.

To be honest I trust none but myself. There are many who would promise offer a lot. They will do that they will do those. But I am someone who believes in action not words. They may be powerful, they may be brand ambassadors but that doesn't make them all trusty.

Let me give you an example. There was this new company and this famous cricketer from my country (I won't go to specific). He was paid to be an ambassador. To promote, to advertise for the new company.  Later they scammed the people and the people blamed the influencer/ambassador. Of course you wouldn't know, it was all fake before they actually scam you. So he had nothing to do to it.

So before I go into something. I always do my own research. Of course I listen what they say what they offer what they promise. But until I am sure confident enough I don't make any move.  

If you are referring to altcoins (and I assume that this is the case), is there any project that makes sense and that in some way brings some positive change? All I see are false promises, with the difference that they try again and again to pack it in the most luxurious and shiny packaging in order to sell their project as well as possible.

What I want to say is that the people you are talking about have their price and will promote anything if they are paid well, but that speaks volumes about them and how much they care about all those who will lose their money because of them.

Be smart, buy what they don't advertise, and we all know what that is, right?

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.

Influencers are risking their reputation if they promote a high risk project, there was been a case an influencer promoting a ponzi scheme project and then he going to jail. But if they were promote a project that looks legit, even though the project will bankrupt or scam in the end, they're free because they have no intention to promote a scam project. Pretty much like few projects in this forum.

Have you ever thought that most influencers are scammers? I have long studied their work and the methods they use to influence their fans. They never deepen their knowledge of something that has been conveyed to the public, every information they disseminate to the public is based on a script they wrote from a Google search.
Influencers only think about personal gain without caring about the fate of their fans. Strangely, there are still people who believe what influencers say. Influencers are like ferrets in sheep's clothing, they will do anything to gain personal gain.

Satoshi Nakamoto is/was not an influencer, Satoshi created Bitcoin but never advertised or promoted it the way influencers do for shitcoins. Satoshi even went ahead to say:

Influencers basically want to make money, and they'll do that even if it means promoting projects that are either a scam or one they don't have adequate knowledge about. Influencers should also do their own research about a project before promoting it, they owe that to their followers/fans, jumping on any project without doing any due diligence and only because of money is a bad thing to do.

Most academic influencers specialize in a specific field, and therefore it is easy to find someone with superficial knowledge in this field. Here we are talking about a professor or a person with good scientific knowledge, let alone an influencer because he is rich, or a brilliant dancer, or makes funny videos, or cooks. The way we deal with celebrities. Although they know a lot that is wrong, they are human and it is rare for humans to have detailed knowledge in many areas. The first step is to choose well who to take advice from, do in-depth research, and then decide what your decision will be, whether this decision is to buy, sell, invest, or even waste your own time.

Well thats the definition of influencers anyway except that it has increase with additional description"to influence with degree of compensation accordingly" yes thats how influencers work, but I can still see some who picked moral than to earn or accept few dozen worth tokens for their reputations.

If they post reviews of a certain coin that has no part or meaning and have no use stay away, because at the end of their videos they will post referral's, their only purpose is to have more followers for their personal gain, and have reward on the projects other than that they don't care, follow those who have post early about bitcoin and give suggestions, this people don't care if you follow them, or only few views they just love sharing information's, not those fake influencer's .

The only influencer I have is Satoshi Nakamoto, all the others who called themselves authority are just whales who just want to make a profit from dumping their bags on you, It is okay to look up to them but when it comes to deciding what is best to your portfolio it should be your own decision.

One of the things you should learn is how to look and what to look at on a project, Whales are manipulators they use shill marketing to promote the coins they are managing and holding, so better learn a lot when you want to have a good portfolio.

Influencers are mostly just people who are running after money with no understanding of what the hell it is they are supposed to influence you to get.

That's what it all boils down to. Whether it comes from legit sources or from scammers, most of them don't care.


I like to imagine that most people have a moral compass and will turn down something unethical, which is mostly true. FTX had me asking some serious questions of our gullibility, though.

That's only partly true. Unexpected rugpulls/bankruptcies(e.g. BlockFi) aren't the problem — it's mostly the fact that most influencers hop from shilling one project to another in short timespans just to make money off token pump and dumps. It's just them squeezing as much money as they can from their audiences; literally the shittiest way of making money as an influencer.

What the OP said is very true. Because what are called influencers or advertisers in the cryptocurrency sector, they only encourage the interest of fans or everyone to be able to enter and buy into the crypto projects they advertise.

So for that reason, we as investors or cryptocurrency users, have to be smarter in filtering out things that smell like advertising from these influencers. Such as carrying out independent analysis first before trusting or buying crypto advertised by influencers. Because it seems like people who experience losses due to the cryptocurrencies advertised by these influencers, it's because they didn't do an analysis of the crypto first. In essence, they only believe in one thing, namely that even a big star (influencer) bought the cryptocurrency. That's why people like that become victims. Because they only look at popularity and don't do independent analysis.

But even so, not all influencers have bad results regarding the crypto assets they advertise to many people. Because when I saw an argument on a site, it was written there that many influencers actually invest in cryptocurrencies.

Source: https://www.ajmarketing.io/post/17-best-crypto-influencers-to-follow

I don't know whether this data is true or false, but it seems to me. Ordinary people like us are also interested in the potential of cryptocurrencies. So an influencer won't be much different. Moreover, influencers have a lot of money that can be used as capital. So most likely, influencers also don't want to miss out on wasting the potential of cryptocurrency.

And my conclusion, in order to avoid cryptocurrency scams that might be spread by influencers. Fill our minds with adequate knowledge about crypto. Because if that's the case, we can differentiate and most likely know whether the cryptocurrency advertised by the influencer has potential or not.

They can either understand deeply about it or don't understand about it but their decisions are collaborating with those projects to advertise them to their followers and their communities. It is important that what you decide to do at the end, not what are in middle before you make your decisions to do or not to do.

Again, it depends. They can use it or not use it. But I am sure if they use it, it mostly comes from free products from those projects and they only experience with free products and receive sponsored money to review those products. Therefore their opinion, reviews can not be trusted.

But you are responsible for your capital and don't blame your irresponsibility on influencers.

Even if they care about their mistakes, at the end when you already lost your capital, any excuse does not make sense. Influencers will not be able to compensate your loss.