Yassi Pressman, the latest crypto influencer, transformed $300 in Ethereum into $2,300
Yassi Pressman has taken on a new role as the face of a fresh campaign by the leading crypto platform in the Philippines. As the latest brand ambassador for Coins.ph, Pressman stands out among the few celebrities openly endorsing cryptocurrency. In a press release by Coins.ph on Monday, August 5, Pressman expressed her belief in the potential of cryptocurrency to enhance financial accessibility and create wealth-building opportunities.
Pressman’s venture into the world of crypto began in the late 2010s with an investment in Ethereum, bypassing the more mainstream Bitcoin, which she found too risky during the unregulated period. Initially investing $300 in Ethereum, Pressman has seen substantial growth, with her investment now valued at $2,300. Reflecting on her journey, she noted the significant increase in value over the years, showcasing a remarkable growth rate that surpasses traditional investment options like government securities or corporate bonds.
Before her association with Coins.ph, Pressman was already engaged in the Axie Infinity realm, particularly during the game’s peak popularity in the Philippines. In October 2021, she launched her own initiative, the “Axie Pressman Elite Academy,” aimed at training individuals and generating income through the game’s crypto features, especially targeting those affected by the pandemic-induced job losses, such as jeepney and tricycle drivers.
While cryptocurrencies like Bitcoin, Ethereum, and Axie’s Smooth Love Potion offer lucrative returns, it is crucial to exercise caution due to the market’s volatility. Coins.ph emphasizes the importance of conducting thorough research before investing in crypto assets, highlighting the potential risks involved. The platform’s country manager, Jen Bilango, stresses the significance of investing only what one can afford to lose and utilizing regulated platforms for transactions to mitigate potential risks.
Despite the advancements in regulatory measures by entities like the Bangko Sentral ng Pilipinas (BSP) to enhance the safety of crypto transactions, the industry still faces challenges from malicious actors and fraudulent schemes. Recent incidents involving deepfake videos of prominent figures promoting questionable crypto projects underscore the need for vigilance and adherence to regulated practices within the crypto space.
In conclusion, while the crypto landscape offers promising opportunities for financial growth, individuals must exercise diligence and caution to navigate the market securely. By staying informed, conducting thorough research, and transacting through regulated channels, investors can safeguard themselves against potential scams and fraudulent activities in the crypto sphere.
