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Amitabh Bachchan invested $250,000 in Bitcoin in 2015.

Cameron and Tyler Winklevoss became the first Bitcoin billionaires by simply investing in Bitcoin when its price was $120.

Paris Hilton auctioned a digital painting of her cat, Munchkin, for 40 ETH.

..and more celebrity stories 👇

How Much Bitcoin Do Celebrities Own? - WazirX Blog Cryptocurrencies and their popularity have grown fairly well over the past few years. With celebrities investing and promoting cryptocurrencies like Bitcoin on various social media platforms, showing their support is...

Account Security: Protect yourselves against investment schemes

The Blockchain technology provides endless possibilities for innovations and solutions to revolutionize our way of living. Like most tools, there are people who make good use of it and those who abuse it. To safeguard yourself from falling victim into investment scams, below list some red flags you can watch out for.
General tips to avoid investment schemes :
• Claims to give quick, consistent and high returns. Any investment that guarantees a high return on investment as much as 15-30% per year or 1.25 -2.5% monthly is doubtfully legitimate.
• The majority of your returns come from inviting other people. The more people you invite, the higher your returns. But do not confuse this with the Affiliate or Referral programs provided by some exchanges.
• No or minimal transparency regarding the business model or the investment strategy.
• Information on the investment is not easily accessible i.e. you need to register to find out.
• It is not clear who founds the business.
• If the investment involves coins, and that their coins are not listed on Coinmarketcap
Their websites are listed on scam list.

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Bitcoin price quadruples amid pandemic year. Check how the cryptocurrency fared in 2020 2021 could well be another roller-coaster year like 2017 when the coin saw a similar rally when its value surged sharply, only to crash the next year.

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