But there is something these commercials are silent about, namely the high volatility and investment risks. In the past year, dozens of people in the media industry promoted cryptocurrencies, both their own and other companies as well as their partners.

Inviting celebrities to advertise cryptocurrencies has become so popular that the Securities and Exchange Commission (SEC) has launched a fake cryptocurrency along with recommendations from famous people who supposedly invest in it. When you click the “Buy” button on the cryptocurrency website, you can notice a warning popping up:” celebrity” reviews do not guarantee that the investment will be legal or such an opportunity is accessible to all without exception.

Cryptocurrency ads are all around us: an actor Matt Damon runs Crypto.com, a soccer player Tom Brady is a representative of FTX, and a TikTok star Charlie Damelio promotes Gemini. Last May, even Kim Kardashian promoted a relatively unknown currency EthereumMax to her 276 million Instagram followers. Movie stars, professional athletes, and other celebrities are nothing but a hook for potential investors, helping to boost interest further in the little-known virtual

currency. And although financial regulators recognize this strategy as dubious, it’s noticeable, ICOs work just fine on some celebrities.

The number of influencers in the crypto industry has grown significantly more than ever before. Celebrities ranging from tech entrepreneurs and CEOs to rap artists and reality TV stars have embraced cryptocurrencies in their way: we’ve seen Snoop Dogg, Kim Kardashian, Terry Crews, Madonna, Grimes, Jay-Z, Paris Hilton, Lindsay Lohan, Mike Tyson, Sirena Williams, Lionel Messi and many other public figures who promoted crypto projects or created their own. It seems everyone can try their luck in cryptocurrencies.

Investing in cryptocurrency is beneficial for the media stars themselves and crypto-companies. A Win2Win principle applies here. The celebrity investments increase the recognition and popularity of tokens: people follow their idols, no matter what they do. This, in turn, allows investors to increase their wealth by playing on the growth of cryptocurrencies and stocks.

Some celebrities try to invest wisely, because not only their money is at stake, but also their reputation. However, celebrities often contract with startups to become their “face” or ambassador, not only an investor. Many do not see the difference between an advertisement of chips or an advertisement of a crypto exchange, a new “promising” token, or an NFT. Therefore, everyone who strives to make money on cryptocurrency needs to be cautious, choosing stable tools for earning.

To do so, firstly, you need to control your emotions and don’t let the fear of missing out influence your decisions. When choosing a stable method of earning, most experts and crypto-enthusiasts tend to buy and hold cryptocurrency, or they choose a more profitable way of earning – mining. However, cryptocurrency mining becomes profitable with vast amounts of processing power, because now the complexity is at its peak. Is there a way out? Definitely! And this is cloud mining.

Cloud mining is a type of passive mining of cryptocurrency using someone else’s equipment. The user rents a processing power for a fee in a remote data center and in return receives a part of the mined coins. The user can do this from any device and anywhere in the world. All you need is the Internet and the right contract. A real breakthrough in the cloud mining industry is an environmentally friendly way of mining cryptocurrencies: the companies use renewable energy sources, which can significantly reduce the number of harmful emissions into the atmosphere and increase the overall income of miners.

One of the market leaders is GreenHashes. The guys started mining cryptocurrency using only “green” energy: taking care of the environment, they significantly increase the loyalty of society to cryptocurrencies, attracting more and more investors to this market. This model of work allows absolutely anyone to join the mining – both beginners with relatively small capital, and professional investors. It is the best way for passive income. The user just needs to register an

account and buy one of the many mining contracts. Each contract differs in price and amount of leased capacity. Different durations allow you to remain flexible with the high volatility of cryptocurrencies.

In case of any suggestions or questions about the service, let the support team know and write to support@greenhashes.io. Usually, they respond quickly and guide the user through all necessities. Join the official GreenHashes telegram channel and subscribe to the company’s social networks, where are a lot of useful information on eco-friendly mining, to keep abreast of what is happening in the world of mining and cryptocurrencies.