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Topic: Who would actually believe celebs promoting crypto? - page 6. (Read 24521 times)

sr. member
Activity: 1162
Merit: 251
Most investors will choose ICO projects that are promoted by celebrities, When celebrity celebrities will attract the attention of many investors and rely on their popularity may be insurance for the development of the project.
It doesn’t make sense to me since I only invest based on their project and not just on the promotion. Having celebrity with your marketing team doesn’t give any assurance that the project is good. Investors always depend on the project and if you don’t then you are joining the hype of that coin. 
Must be read for a lot of people, that actually celeb is really influence project to be hype. But at the end it is all about that developer itself. Don't ever join project before analyze and make any research about the project yet.
I think when a celebrity be hire by project to promote their products, of course the project has a big promotion fund, we know how much celebrity costs to do promotion? it can be a good and potential project? but you're right, at least we have to do research first, don't be too easy to believe
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
DJ Khaled and Mayweather had an issue about shilling an ICO. And other celebrities hyping or promoting scam coins. Who would actually rely on their words? If you're listening to celebs then you are not ready for this type of market at all.

Maybe we cannot believe for those celebs who were promoting crypto but they have their own fans who will listen whatever says, and if many of them join in the ICO, then we cannot stop them. I am sure that the project will make sure their ambassador can works best to their project and they will prepare everything so the celebs can promote in the social media or the television. But the risk is if the project fails to reach the goals, the big name of the celebs will also get a bad reputation among the other celebs.
I think celebs should do due diligence before promoting some Crypto projects especially if the project looks suspicious but I think it is hard to decide if they are offering a huge amount of cash and pretends to be legitimate by all means. I think what happened to DJ Khaled and Mayweather will be an eye-opener to those celebrities that are offered to promote an ICO or a project related to Crypto Currencies.

I don't think that every celeb that getting involved in the crypto projects will have much knowledge about the project or the crypto because their job only promotes the project and telling to the public why they have to invest in that project. I think the other celebs will learn from what happened to DJ Khaled and Mayweather.
member
Activity: 406
Merit: 10
DJ Khaled and Mayweather had an issue about shilling an ICO. And other celebrities hyping or promoting scam coins. Who would actually rely on their words? If you're listening to celebs then you are not ready for this type of market at all.

Only stupid and fool person will believe to these celebrities shilling and promoting and hyping a certain ICO that were being so rampant nowadays, crypto people should learn from this that celebrities doesnt have any knowledge or idea about the ICO that they are advertising, celebrities get paid doing that, thats what they want, payments and will do anything for us to believe them and their ICO.
jr. member
Activity: 406
Merit: 2
celebrities are influential figures, and many products use their services for promotion, if bitcoin uses their services for advertising or ICO, it's not wrong, although I'm not sure it will have a positive impact, and if there are celebrities who join bitcoin as investors for example, I believe that, however, bitcoin is very popular and an investment that is quite in accordance with their lifestyle and certainly flexible for every circle.
member
Activity: 406
Merit: 10
You are right, of course you should not blindly trust celebrities and any "experts" who promote any project or ISO, as it can be elementary advertising. The most important thing is to be able to think, study information, analyze it and understand whether you need this project and whether it is worth investing in it.
sr. member
Activity: 687
Merit: 301
Their fan base has a whole bunch of people who have just heard of cryptocurrency, but obviously they do know what it is. When a celebrity starts shilling, of course those who have heard of crypto will start pouring their money in. It's the same when a celebrity shills a new pair of shoes or lipstick, people want to own the same shit as their favorite celeb. They are sheep...
member
Activity: 322
Merit: 10
Of course you should not rely only on the opinion of celebrities, especially in the matter of any cryptocurrency projects. But they allow cryptocurrency and bitcoin to gain more popularity. The more celebrities talk about it, the better.
legendary
Activity: 2618
Merit: 1181
Most investors will choose ICO projects that are promoted by celebrities, When celebrity celebrities will attract the attention of many investors and rely on their popularity may be insurance for the development of the project.
It doesn’t make sense to me since I only invest based on their project and not just on the promotion. Having celebrity with your marketing team doesn’t give any assurance that the project is good. Investors always depend on the project and if you don’t then you are joining the hype of that coin. 
Must be read for a lot of people, that actually celeb is really influence project to be hype. But at the end it is all about that developer itself. Don't ever join project before analyze and make any research about the project yet.
full member
Activity: 742
Merit: 144
Most investors will choose ICO projects that are promoted by celebrities, When celebrity celebrities will attract the attention of many investors and rely on their popularity may be insurance for the development of the project.
It doesn’t make sense to me since I only invest based on their project and not just on the promotion. Having celebrity with your marketing team doesn’t give any assurance that the project is good. Investors always depend on the project and if you don’t then you are joining the hype of that coin. 
copper member
Activity: 299
Merit: 1
I saw Eminem promoting cryptocurrency in one of his song I think that was last year if am not mistaken, it's true cryptocurrency is heading north
full member
Activity: 1218
Merit: 105
DJ Khaled and Mayweather had an issue about shilling an ICO. And other celebrities hyping or promoting scam coins. Who would actually rely on their words? If you're listening to celebs then you are not ready for this type of market at all.

Maybe we cannot believe for those celebs who were promoting crypto but they have their own fans who will listen whatever says, and if many of them join in the ICO, then we cannot stop them. I am sure that the project will make sure their ambassador can works best to their project and they will prepare everything so the celebs can promote in the social media or the television. But the risk is if the project fails to reach the goals, the big name of the celebs will also get a bad reputation among the other celebs.
I think celebs should do due diligence before promoting some Crypto projects especially if the project looks suspicious but I think it is hard to decide if they are offering a huge amount of cash and pretends to be legitimate by all means. I think what happened to DJ Khaled and Mayweather will be an eye-opener to those celebrities that are offered to promote an ICO or a project related to Crypto Currencies.
jr. member
Activity: 331
Merit: 3
I don't think it is necessary listening to people whom you have better idea of crypto than them, irrespective of who they are. 
copper member
Activity: 658
Merit: 402
DJ Khaled and Mayweather had an issue about shilling an ICO. And other celebrities hyping or promoting scam coins. Who would actually rely on their words? If you're listening to celebs then you are not ready for this type of market at all.
If you’re really a fan of some artist, then you would believe mostly everything they say. Well in fact, not all celebrities actually use all of the products they advertise. Not all artists who promote crypto can guarantee us that they really know how it works. Mostly, they just use them as a marketing strategy and it’s up to you if you are smart enough to believe them or not. 
full member
Activity: 650
Merit: 100
Financial aid for users: https://bit.ly/2SMY8gi
DJ Khaled and Mayweather had an issue about shilling an ICO. And other celebrities hyping or promoting scam coins. Who would actually rely on their words? If you're listening to celebs then you are not ready for this type of market at all.
Better to do some research in investing in an ICO.Though its never that easy in choosing legit ICOs because there are lots of scam ICOs nowadays that actually looks legit.We should not easily believe on those celebrities promoting on some ICOs lets all believe on our instincts and knowledge on the world of cryptos.
member
Activity: 572
Merit: 10
You're right. We should listen only to those people who understand cryptocurrency and blockchain technology. And celebrities will talk anything if they get paid. Some people tend to believe them because they're public figures, but they're just like us. But on the other hand, it is a great way to promote your project and raise funds for ICO. The main thing that it all did with good intentions.
full member
Activity: 1190
Merit: 212
★Bitvest.io★ Play Plinko or Invest!
when world celebrities began promoting cryptocurrency and began to get endorsed by cryptocurrency to make themselves an advertising place or as a marketing strategy from cryptocurrency, those who would believe were their fans.
hero member
Activity: 3052
Merit: 685
DJ Khaled and Mayweather had an issue about shilling an ICO. And other celebrities hyping or promoting scam coins. Who would actually rely on their words? If you're listening to celebs then you are not ready for this type of market at all.
These two are just good in hyping the market, but they have the influence so there are still people who will invest when seeing it's promoted by celebrity.
Now that the SEC fined them, the people now are more aware about this things so they will be more careful in investing next time.
I believe these 2 makes bigger money less the fines they have to pay.
sr. member
Activity: 686
Merit: 264
"STAY IN THE DARK"
Understand everyone's intention is to make money so don't trust anyone's word blindly which is not going to make much benefits for you.I really never heard any celebs of recognized level is going to promote the crypto currencies so just ignore if there are some shilling make your own portfolio and be your own celebrity by using the tool crypto currencies.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
these aren't exactly celebrities. or at least you can all them lowest tier celebs Cheesy
and what they are doing is in fact shilling, since like anybody else in the world they also want to make profit and like any other newbies they also can fall for the s cams of altcoins and ICOs. so when they are already caught up in the web of deceit set by the ICOs, they want to get out of it by pulling others in that trap.
this has also been happening for a long time too. the market always corrects itself in about a year or two when it gets rid of all these shitcoins and these "promoters" together as they get dumped to zero.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Most investors will choose ICO projects that are promoted by celebrities, When celebrity celebrities will attract the attention of many investors and rely on their popularity may be insurance for the development of the project.

I think the teams of the ICO projects know that the celebrities will have a power to gain more follower and with using celebrity to promote the project, at least it could help the project to be known in public. The dev and the teams can expect to reach their goals especially if they are serious with the projects, so the investors will know that they have a good project. It depends on how much budget that the ICO project has because they need to negotiate with the celebrity manager to make a deal.
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