Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
Celebrity Crypto Advice Has Been DISASTROUS For Investors
Posted
October 31, 2022
Views
68,132
Likes
3,142
Comments
1,220
Engagement
6.40%
October 31, 2022
68,132
3,142
1,220
6.40%
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11:14Now PlayingAnyone 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 68 pm ET.
Read more HERE
"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
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