Known for her appearance on Love Island Australia, Vanessa Sierra recently revealed that she’d been into cryptocurrency for a while – and advised fans to stay away from vague advice from crypto influencers.
Be Wary Of Celebrity Bitcoin Influencers
Vanessa advised those who were new to the crypto space to stick to the major cryptocurrencies in order to not fall into one of the many traps associated with the crypto space, such as ignoring the market cap.
In a story video posted to her Instagram, Vanessa advised fans to stay wary of internet personalities telling fans to buy a tokens.
“I’m sorry but I’m disgusted in the lack of morality and really want to warn people about investing in crypto when influencers are clearly being paid to promote it. If someone is genuinely educated about cryptos, they would post and talk a lot more in detail about blockchain rather than posting a “tip” with absolutely zero background Information. I post because I’ve been into crypto since I was 12 years old and do hours of reading a day. And I still don’t consider myself that knowledgeable.”
Social Media Influencer Vanessa Sierra
Indeed, 2020 and 2021 has seen a fresh influx of crypto investors – some of which have been baited into decisions by the cohort of clickbait Youtubers with dramatic thumbnails advising fans to buy tokens. We even saw some Youtubers show proof that they have been paid to promote coins.
As always, conduct your own research before deciding whether to invest in cryptocurrencies – do not blindly follow the advice from your favourite social influencers.
Join in the conversation on this article’s Twitter thread.
Disclaimer:
The content and views expressed in the articles are those of the original authors own and are not necessarily the views of Crypto News. We do actively check all our content for accuracy to help protect our readers. This article content and links to external third-parties is included for information and entertainment purposes. It is not financial advice. Please do your own research before participating.
Credit: Source link
