Many people were not aware of cryptocurrency when it was in the initial stages. The big Boom of crypto happened in 2020, and from then, its popularity has been escalating restlessly. Now the value of one Bitcoin is nearly $50,000. People are getting attracted to the value of these currencies more and more.
This Boom obviously increased the number of crypto enthusiasts on the planet. The number of investors has already crossed millions and will keep growing. Celebrities are also no exception to this. Too many celebrities are publicly investing and endorsing the crypto.
How do people earn by Bitcoin?
People earn from Bitcoin by two methods. One is mining, and the other is trading it.
The process of mining bitcoin involves solving different puzzles. Then you have to help to verify the transactions. The reward for solving the puzzle is Bitcoin.
These mined Bitcoins are traded using trading sites. The trading sites help to make the maximum profit by providing you with the necessary information. It’s a matter of time when you are going to buy and sell because the value of Bitcoin changes very fast. If you want to start trading cryptocurrency, visit the site http://yuanpay-group-app.com/
Ten successful Celebrity Cryptocurrency Investors
1. Elon Musk
Cryptocurrencies are highly promoted by the Tesla CEO, who is hyperactive in the crypto universe. Elon extensively talked about it in his podcasts and brought the new generation a wave of the crypto craze. His word was converted into action when Tesla started invariably investing in Bitcoin. It has made the biggest investment in history in Bitcoin, which is worth $1.5 billion. The company then harboured a gain of $3200 per bitcoin and made a total profit of $128 million.
Elon musk has become so influential that his act of adding #bitcoin to his Twitter account skyrocketed the BTC’s price by 25%.
Sir Robert Bryson Hall, alias logic, is a 30-year-old American rapper. The latest celebrity in the crypto world bought bitcoin worth $6 million in 2020. Logic saw a better future for cryptocurrencies and was very sure about the growth of Bitcoin. His investment turned fruitful when Bitcoin surged 124.3%.
He has already made profits, probably in billions, from his investment. According to calculations, his Bitcoin trade would be now worth $10.4 million, which means that he got nearly 75% return on his initial investment.
3. Snoop Dogg
Snoop Dogg, an American rapper, is also an enthusiastic Businessman. The rapper has actively invested in crypto along with his other investments very early, probably from 2013. He has publicly endorsed Bitcoin and believes that it is here to stay. He has also shown interest to invest in dogecoin. The celebrity has started his own NFTs- Non Fungible Tokens. They were sold for a price of $33,500 at a time.
He is one of the personalities who started early and got more benefits. Dogg is now so influential in the world of cryptocurrency that his tweets result in shooting the price up.
4. Jack Dorsey
Twitter CEO Jack Dorsey is also an internet money supporter. He described Bitcoin as “the next world currency”. Jack Dorsey invested $50 million in Bitcoin and is continuously investing thousands of dollars every week. He also stated that Bitcoin would be a big part of the future of his companies.
5. Paris Hilton
Great-granddaughter of Conrad Hilton, Paris Hilton is an American Businesswoman, media personality and a model. She has shown an extraordinary interest in crypto, especially in the NFTs. Paris stated that she even dreams about the NFTs. She invested both in Bitcoin and ether in 2016 when the BTC’s value was below $1000. Her NFTs sell for more than $1.11 million today. The latest series is expected to hit $1.5 million.
6. Mike Tyson
Mike Tyson, the former heavyweight boxing champion, had joined the community of crypto investors. He launched his first Bitcoin branded ATM in 2015. In 2016 he launched a wallet application with Bitcoin direct. Although he has been actively into the crypto world, he doesn’t consider himself an expert.
7. Curtis Jackson
Popularly known as 50 cent, Curtis Jackson is another rapper of American origin active in internet money investment. He got success in a very different way from other investors. In 2014 he sold his album “Animal Ambition” for bitcoin when it was not a trend. The action got a profit of 700 Bitcoin, which is worth more than 7 billion today. He earned millions of dollars from this.
8. Lionel Messi
The PSG fan tokens are the new income model of famous sportsman Lionel Messi. Fan tokens are a type of cryptocurrency. These can also be traded on an exchange. This has proved to be beneficial as The market value of PSG fan tokens soared over 130% just in 5 days.
9. Ashton Kutcher
Ashton Kutcher is a well known Hollywood actor. He is a supporter of Blockchain technology. In 2013 Ashton Kutcher stated that Bitcoins are becoming more pertinent with time. He has been investing in crypto for more than eight years and has found significant profit. He donated $4 million in cryptocurrency to charity as well.
10. Marc Cuban
Only a few celebrities rank high in crypto investment, and Marc Cuban is one of them. The billionaire from America thinks that the cryptocurrency has reached its best phase yet. He estimates that the number of crypto holders will double in the future. He has his own cryptocurrency portfolio, including all types of crypto coins, and 60% of it is in Bitcoin. He also owns $494 dogecoin and $130 in Bitcoin.
The capitalist mindset of humans has evolved and invented many ways of capitalization. Man always gets attracted to money and profit, and crypto enthusiasm is the most relevant example today. Capitalization became easy with crypto, and it reached the common person through these celebrity crypto enthusiasts. The future will include more celebrities in the list for coming years, which will happen for sure!