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Here are some of the public figures who have declared to invest in cryptocurrencies such as bitcoin and ethereum. Check it out

Cryptoactives, or cryptocurrencies, have been drawing more and more attention from investors – and no wonder. Whoever invested 100 reais in bitcoin in 2010, for example, when the cryptocurrency was still worth pennies, at today’s prices they may have become  millionaires. According to Bitcoin Charts, this is the case for 80,000 investors.

For those who don’t know, cryptocurrencies are virtual assets protected by cryptography and associated with blockchain technology (executed in decentralized computer networks), which makes them virtually immune to counterfeiting. However, cryptocurrencies are not securities and are subject to unique and substantial risks, including significant price volatility and lack of liquidity. The value of cryptocurrencies could decline significantly and without warning.

Because they may present advantageous returns at higher risks and price volatility, cryptocurrencies have been attracting the attention of many investors who want to diversify their portfolios; among them some public figures. Check out some of them below:

Naomi Osaka

Current US Open champion, tennis player Naomi Osaka recently revealed her new interest in cryptocurrencies. Part of that interest, according to a Bloomberg article, is due to the noise surrounding Dogecoin, a digital token that became famous for starting as a joke.

“I was actually talking to my agent about cryptocurrencies,” Naomi said in an interview. “I know that everything is getting bigger online. I remember reading about Dogecoin… something new and interesting is coming up.”

In addition to his interest in cryptoactives, the tennis superstar invests in other businesses, such as the Sweetgreen salad chain and the North Carolina Courage women’s soccer team.

Felipe Massa

Meanwhile, former Formula 1 driver Felipe Massa joined the list of regretful investors for having sold their bitcoins in the past.

In an interview with the podcast “Mesa para Quatro”, presented by actor Dan Stulbach, Massa told how he invests the money he has earned during his career as a pilot.

And despite having a conservative profile when investing, he admitted that he even bought bitcoin in the past, but with the devaluation at the time, he ended up selling the cryptocurrencies he had. 

“And I was logical, rushed, took me by surprise and decided to sell. Of what I had invested, I lost half and decided to sell”, said the former pilot.

Today, with the price of bitcoin at over $47,000, he says he’s sorry. “I shouldn’t have sold because today I would be earning a lot”, he lamented.

Ashton Kutcher

One of the first investors in innovative companies like Uber, Airbnb and Spotify, actor Ashton Kutcher earned million dollars with its venture capital fund: A-Grade Investments, which grew from $30 million to $250 million in six years according to this article.

What not everyone knows is that, eight years ago, he also believed in the potential of cryptocurrencies. In an interview with “The Late Show with Stephen Colbert” his wife, actress Mila Kunis, said that one fine day Kutcher said he wanted to explain something to him.

“Tell me if I’m crazy?” he asked. “There is one thing, it’s like mining for money. It’s called cryptocurrency. It’s called Bitcoin”.

Mila’s reaction was not very encouraging. “And I thought, ‘Well, I think this is a horrible idea,’” said the actress. Then he said, “Cool, we’re investing in this.”

Mila acknowledged that she is not always the best person to give financial advice. “He’s very smart to include me in everything and make sure I’m aware of everything that’s going on,” Kunis told Colbert. “He’s also very smart to know that sometimes you shouldn’t listen to your wife. ”

Do you want to know more about the universe of cryptocurrencies? In our app you can check a list with the main ones.

As with all your investments, you must make your own determination whether an investment is appropriate for you. Passfolio Securities, LLC does not recommend or endorse cryptocurrencies. Passfolio Securities, LLC does not provide cryptocurrency-related services. Currency and cryptocurrency exchange services are provided by Passfolio Financial LLC (“Passfolio Crypto”), a US Money Services Business registered with FinCEN.

Purchasing cryptocurrencies comes with a number of risks. Please read Passfolio Financial Cryptocurrency Risk Disclosure.