Klippsten cautions against crypto schemes linked to celebrities

Cory Klippsten, a recognized figure in the cryptocurrency world, has cautioned investors about potential 'pump-and-dump' schemes associated with high-profile celebrities.
In his recent tweet, Klippsten suggested that instead of getting swayed by such high-publicity tactics, investors should focus on the long-term value of holding Bitcoin. He implied that sensationalist influences on the market can lead to fleeting gains but ultimately endanger sustained investment strategies. According to Klippsten, 'just buy and hold Bitcoin and ignore Portnoy / Kanye pump-and-dump scams' is the prudent approach in navigating the unpredictable tides of cryptocurrency investments.
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In the previous news, Cory Klippsten discussed the marketing strategies used by Javier Milei for his cryptocurrency venture, which was initially presented as a fundraising tool for tech startups in Argentina, raising questions about the authenticity of his claims. Read more about Javier Milei's marketing strategies.