Who would actually believe celebs promoting crypto?

[emma.lee1890]

Well, crypto is still in the transforming phase and we are not yet matured that enough to have that self-sustaining financial ecosystem. This is the reason why big whales and institutional investors can easily manipulate the market even without a high amount of capital. This is the reason why influencers are getting handsome amount of commission to promote crypto-based projects. However, this situation will definitely improve over the period of time along with the improvement in the mass maturity of the users. You'd be surprised how many innocent people who worship their idols like a God will believe and hang on to their every word. Even though they are basically lying to their faces, like DJ Khalid and Mayweather, fans will/might still believe them because "they said it". Especially if you are unaware of cryptocurrency and how it really works, if you see your idol "endorse" it, chances are you will believe them.
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.

[gurunanakji777]

Yes I agree people worship their celebrities they follow them blindly as their idol but some celebs are promoting ICOs just for the sake of some money even they do not understand people trust their words they should not promote the projects until they have full trust on that project so that nobody can be fooled by following them. Actually such things harms the crypto world.

[fallenangel1789]

SEC warn people, “a celebrity endorsement does not mean that an investment is legitimate or that it is appropriate for all investors." Actually no need this warning. When you investigate celebs and projects they participated in, you see that you should stay away from such projects. Legit and promising projects do not need such advertisings. 

FLOYD MAYWEATHER Centra
PARIS HILTON Lydian token
STEVEN SEAGAL Bitcoiin
IMOGEN HEAP Mycelia
AKON   Akoin
GHOSTFACE KILLAH Cream Capital

[PRIBO247]

SEC warn people, “a celebrity endorsement does not mean that an investment is legitimate or that it is appropriate for all investors." Actually no need this warning. When you investigate celebs and projects they participated in, you see that you should stay away from such projects. Legit and promising projects do not need such advertisings. 

FLOYD MAYWEATHER Centra
PARIS HILTON Lydian token
STEVEN SEAGAL Bitcoiin
IMOGEN HEAP Mycelia
AKON   Akoin
GHOSTFACE KILLAH Cream Capital

If Steven Seagal actually endorsed Bitcoin then I must say that he has been proven right ten times over.

[Dprincebh]

Actually maybe they are paid a lot than you think to promote that offer. It just a tweet worth thousand of dollars. It's an offer they can't reject thinking nothing gonna happen

[fallenangel1789]

SEC warn people, “a celebrity endorsement does not mean that an investment is legitimate or that it is appropriate for all investors." Actually no need this warning. When you investigate celebs and projects they participated in, you see that you should stay away from such projects. Legit and promising projects do not need such advertisings. 

FLOYD MAYWEATHER Centra
PARIS HILTON Lydian token
STEVEN SEAGAL Bitcoiin
IMOGEN HEAP Mycelia
AKON   Akoin
GHOSTFACE KILLAH Cream Capital

If Steven Seagal actually endorsed Bitcoin then I must say that he has been proven right ten times over.

Not Bitcoin. It is Bitcoiin which its founder left the project.

[TERENCIO]

I still prefer crypto to be organic and less attention  from these known  celeb because sometimes they can damage the whole cryptoverse.

[luvr1000]

Many experienced investors never pay attention to stars because they understand that this is a marketing ploy, but the rest of the people who don’t understand the block chain rely on it and buy coins.

[pedangrusak]

Celebrity figures have fanatical fans who allow them to follow everything their masters say, if promotions are carried out by these celebrities, crypto will be better known and can be used by many people.

[Deallove9]

Following what some one said in crypto is a beginning of failure in crypto cause you need to have your stand and do what you believe in than expecting someone to tell you what to do , which show that you never ready for this business as you ever have to do your research and have answer to your need than depend on someone else which might lead you astray.

[laughingburger]

Well, crypto is still in the transforming phase and we are not yet matured that enough to have that self-sustaining financial ecosystem. This is the reason why big whales and institutional investors can easily manipulate the market even without a high amount of capital. This is the reason why influencers are getting handsome amount of commission to promote crypto-based projects. However, this situation will definitely improve over the period of time along with the improvement in the mass maturity of the users. You'd be surprised how many innocent people who worship their idols like a God will believe and hang on to their every word. Even though they are basically lying to their faces, like DJ Khalid and Mayweather, fans will/might still believe them because "they said it". Especially if you are unaware of cryptocurrency and how it really works, if you see your idol "endorse" it, chances are you will believe them.
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.

It is the smae thing for normal advertisement happening in the world now companies try to leverage on the celeb fame by using them for advertisement to their advantage by paying them, fans of that celeb might just get onto the boat without doing what he should which is researching he might be pure lazy or have an absolute trust in the celeb. If you want to start anything the best way iis to do your own research before you go into it to prevent yourself from taking massive damage.

[aji678]

There are all kinds of people on the planet, some adopt stuff on their own or by the recommendation of someone intelligent and who has any influence. But sadly, there are more people who would adopt something which is a trend or recommended by some celebrity. Luckily, the same people are too dumb to adopt cryptocurrencies.

[eidoscore]

i never trust some altcoi, althought the coin are endorsed by celebs with huge name, as you know many issue about celebs endorse altcoin ended with scam