Reported about 1 year ago
Eddie Johnson, CEO of GrowMyBag.TV, warns investors about the dangers of celebrity-endorsed cryptocurrencies, labeling them as a 'huge red flag.' He explains how such coins often result in financial losses and introduces the concept of 'rug pulls,' where deceptive practices in the market leave buyers with significant losses. Johnson shares his insights on 'Stocks in Translation' with Yahoo Finance's Jared Blikre and Sydnee Fried, cautioning against getting involved with these celebrity-backed coins.
Source: YAHOO