What you need to know before investing in crypto - page 11.

vhroen

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Quote from: kimjoo11 on May 31, 2018, 07:35:13 AM

A news from ABS-CBN, a Filipino Media and Entertainment Group.

MANILA - An investor who saw a 39,000-percent increase in his bitcoin investment warned on Monday that many cryptocurrency investment schemes right now are scams.

Emerson Fonseca, Philippine head of NEM Foundation, told ANC's Market Edge that since he started trading bitcoin 2 years ago, a lot of scams have cropped up because people don't understand cryptocurrencies.

What are your opinions?

Even before the cryptocurrencies have come into existence, online programs such as PTC and HYIP are scammers money-making-machines so it's not new anymore. Scammers are just everywhere. They just follow trends and cryptocurrency is hot nowadays so expect them to be in the limelight too playing their games and just waiting for someone with a little knowledge in crypto to be trapped into their baits. So, before attempting to invest in crypto you have to educate yourself first as much knowledge as you can and know how to protect yourself from scammers.

Swenna

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Quote from: Nakakapagpabagabag on June 03, 2018, 09:48:11 AM

Quote from: Jaslinbor28 on June 03, 2018, 06:18:28 AM

-snip-

First, you have to decide which of the crypto currencies you are going to invest. Then if you decided which one, its the time to know its basics, its advantages, disadvantages, its market, the process. If you know all that, you have a high chance of getting successful on the cryptos you invested in. Just be patiently wait and do hard work for you to obtain what you desired.

Actually, before investing or deciding to invest in any crytocurrency, one must first know what is cryptocurrency and blockchain technology. They must first know the basics; we must know its advantages and disadvantages before jumping on board (which is the common mistake we, Filipinos make) .We tend to just decide something especially if it is surrounded by hype or it is the trend even if we don't really know anything about it. Once we heard some sort of news that someone earns large money in crypto, they'll begin investing and whatsoever without any knowledge. That's why they often fell victims to ponzi schemes and scams.

Nakakapagpabagabag

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BITDEPOSITARY - Make ICO's , More Secure

Quote from: Jaslinbor28 on June 03, 2018, 06:18:28 AM

As there are many cryptocurrencies in the market the first thing you have to know is that in which cryptocurrency you are going to invest. You have to gather each and every information about the currency and the main this you have to notice whether people are liking it or not.

First, you have to decide which of the crypto currencies you are going to invest. Then if you decided which one, its the time to know its basics, its advantages, disadvantages, its market, the process. If you know all that, you have a high chance of getting successful on the cryptos you invested in. Just be patiently wait and do hard work for you to obtain what you desired.

sari_

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certainly a lot of gan. how can i join invest in bitcoin. how to buy and how to sell. and learn a good coin to make investment. and many more. which need to be known to everyone who wants to invest in bitcoin .

juiceannabel

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Quote from: kimjoo11 on May 31, 2018, 07:35:13 AM

A news from ABS-CBN, a Filipino Media and Entertainment Group.

MANILA - An investor who saw a 39,000-percent increase in his bitcoin investment warned on Monday that many cryptocurrency investment schemes right now are scams.

Emerson Fonseca, Philippine head of NEM Foundation, told ANC's Market Edge that since he started trading bitcoin 2 years ago, a lot of scams have cropped up because people don't understand cryptocurrencies.

What are your opinions?

Yes indeed there are many scam ICOs in cryptocurrency this year. In my opinion, you must always research what you want to invest.
i think if you do enough research and gathering knowledge about the project, i believe you will find a legit ICO.

Jaslinbor28

newbie

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As there are many cryptocurrencies in the market the first thing you have to know is that in which cryptocurrency you are going to invest. You have to gather each and every information about the currency and the main this you have to notice whether people are liking it or not.

PINAGPALA

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If you want to invest in crypto or what in the world youre investing you should learn how to it and read it carefully. knowledge is the key of the crypto

AliMan

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Vave.com - Crypto Casino

Quote from: Nonie on June 03, 2018, 04:18:12 AM

yes i think it's a scam on ico project. i often read it about ico projects that scam many people who are fooled by the ico project. preferably before you decide to invest first understand about the project understand how to roodmap, about team, whitpaper and others

Investing in crypto is a good idea but first you must ready yourself to the challenge that is waiting. Life is not that just easy when you're here so expect trouble to come. Be strong and learn to trust the process in bitcoin. Information are all over the internet to know the system but personal strength is one thing to know because that's important.

denny27

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★Bitvest.io★ Play Plinko or Invest!

For me., knowing in advance the conditions of crypto acceptance where we live, knowing whether it has been crowded a lot of people or not and whether it is trustworthy or not.
In addition., of course we must be ready at risk before into steps and have a more widespread insight related to crypto, well it seems that now more and more people are more focused and no wonder if many are talking about crypto news.

Ahimoth

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Quote from: Nonie on June 03, 2018, 04:18:12 AM

yes i think it's a scam on ico project. i often read it about ico projects that scam many people who are fooled by the ico project. preferably before you decide to invest first understand about the project understand how to roodmap, about team, whitpaper and others

There's a lot of information that you need to know before getting involve in crypto. Just remember that money matters in thisthe system and not just that also your time and effort. Make sure that it is safe to avoid inconvenience. One thing personal to know is that patient is needed in here so. expect to wait to earn.

Emanammy

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I think everyone need to know about all the crypto currencies and about to know about their advantages and disadvantages before investing in crypto.They should have an idea about bitcoin.

Nonie

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yes i think it's a scam on ico project. i often read it about ico projects that scam many people who are fooled by the ico project. preferably before you decide to invest first understand about the project understand how to roodmap, about team, whitpaper and others

nikay12

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Before investing in crypto be ready for yourself on whatever undertakings that you will encountered, know the details of the project you will be investing so that your money will be safe.

Wulanayu

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I think you should learn the basics of cryptocurrency and blockchain it is your first step to understand cryptocurrency if you already understand it I think it is easy to get to know the others in the digital world.
Yes of course I think it is a sure thing to happen, this is the effect of bitcoin that has a very high price and very popular auto many of the parties who see the opportunity to get the results in any way including the scam schemes about bitcoin.
so if we are going to invest in bitcoin now it needs a very high level of accuracy so we are not exposed to the trick of the fraudsters.

Elexsis

member

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A lot of scams right now especially they are using social media in order to earn money by other people`s investment, you should probably know what you are going to participate or you want to join. Make sure the site is secured but even though it is secured already it does not mean that the site is legit already check first the background and try to review all the important details before investing so that the money you invested wont go to waste.

Jundel2018

newbie

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Quote from: rjsmith on June 03, 2018, 03:36:24 AM

I think you must need study,basis and knowledge about to know before investing in crypto.because nowadays most of crypto are a scam. if you dont know about crypto all of your hard work might be gone to nothing.

In my own opinion you should research a lot of things before considering in investing to cryptos. The kind of crypto your going to invest its advantage and disadvantage of investing to bitcoin be wise enough to know whats the legit and the scam investment. If you dont know anything about crypto then all your investment and the time that you give into it will be nothing.

supergorg27

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Understand the basics of cryptocurrency before investing, learned how it works, know the details of the project you want to invest, always take the risk so that you will not blame yourself at the end.

rjsmith

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I think you must need study,basis and knowledge about to know before investing in crypto.because nowadays most of crypto are a scam. if you dont know about crypto all of your hard work might be gone to nothing.

bitcoinjasensatom

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Quote from: Dodongbtc111 on June 03, 2018, 03:20:15 AM

In my own understanding, the thing that you need to know in crypto is about how it works and its price trend. In this you could easily gain from ups and down of prices.

There are a lot of things you know before investing in a crypto. You need to know what kind crypto your going to invest first after if you know the kind of crypto then learn its pros and cons. Also learn how it works from trading to its price. You should be knowledgeable enough before investing to cryptos so that you wont lose any of your investment instead gain more from it.

Dodongbtc111

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In my own understanding, the thing that you need to know in crypto is about how it works and its price trend. In this you could easily gain from ups and down of prices.

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