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Celebrity Crypto Advice Has Been DISASTROUS For Investors

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Anyone who listened to Matt Damon's advice pushing cryptocurrency has lost a lot of money. Adrienne Lawrence and Cenk Uygur discuss on The Young Turks. Watch TYT LIVE on weekdays 6-8 pm ET. http://youtube.com/theyoungturks/live

Read more HERE: https://theintercept.com/2022/10/26/matt-damon-crypto-commercial/

"One year ago, on October 28, 2021, the company Crypto.com premiered an ad starring Matt Damon. After it appeared during NFL games, it drew a great deal of attention for Damon’s suggestion that only cowards would fail to buy cryptocurrency — but if you jumped in with both feet, you would be demonstrating courage comparable to that of astronauts. Crypto.com, based in Singapore, is a platform that mainly allows users to trade in cryptocurrencies.

On that day, bitcoin, the most famous cryptocurrency, was trading at $60,608 apiece. As of the moment this was published, 1 bitcoin costs $20,717.

That means that if you were encouraged by Damon to buy $1,000 worth of bitcoin last October 28, it would now be worth $342."

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221027__TA05_Bad_Advice_From_Celebs
Category
Europe
Tags
221027__TA05_Bad_Advice_From_Celebs, News, Politics
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