What you need to know before investing in crypto - page 13.

rodel caling

full member

Activity: 952

Merit: 104

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?

From the start we should know need to understand well the importance of crypto currency investing and how to avoid from the people making bad activity specially the scammer's need to investigate the reputation of project and the team member, because investing in crypto are very risky but huge profits they can earn if people knows the important of new currency.

Ruffian1314

copper member

Activity: 322

Merit: 0

Theres a lot of thing you need to know about cryptocurrency world like how is it works and what are the advantages and disadvantages of it. Basic information is very important here because if you don't have any knowledge about it then simply don't invest because you are just wasting your money for nothing.

acord00

jr. member

Activity: 225

Merit: 1

Before investing, someone should understand the crypto currency market in depth. We should have been monitoring the market for a considerable period of time so that we know its movements and beliefs. We should not only monitor one market. We can understand many markets and compare them. After that, if we do not know something in crypto currency then immediately we must seek answers from the news or ask the senior. Besides that, we should also learn to make investment strategy and calculate risk management from our investment. The key remains patient and do not be rash in making decisions.

nightxglow

sr. member

Activity: 700

Merit: 251

What kind of scams did he face? Well many people who don't understand about bitcoin, and have wrong perception about it, think bitcoin is a scam when everything doesn't happen according to their wish.
They though that investing in cryptocurrency will surely make them autorich, which is absolutely not true.
When they get loss, or they bought wrong coins, they think bitcoin is scams and others. While the fact is trading bitcoin or cryptocurrency needs skill, it can't be done easily and won't always gain profit. That's why they think it's a scam. So foolish. I think they need to know first what cryptocurrency is, how to invest well in crypto, and about the profits and loss so they won't think they get scammed.

dimiinx

full member

Activity: 355

Merit: 102

Quote from: elncrow on June 02, 2018, 04:10:57 AM

Yes there are so many scams right now in the crypto industry. I think before investing in bitcoin, one must learn the basic of btc, its blockchain process properly.

that's the risks that arise in investing bitcoin. if we are not careful and alert then others will easily cheat and steal your bitcoin. choose a bitcoin wallet that you trust and secure so you do not worry about theft and loss of bitcoin.

jasydoggye

newbie

Activity: 294

Merit: 0

If you want to invest on crypto market firstly you have to choose a coin which is better for you. Then you can check previous transactions price of this coin. Find out what types of investor are connect with this coin. I think you must need to know these things for investment in this market.

Ram krish

newbie

Activity: 86

Merit: 0

Investing on anything is risk in this world. Before investin one should know the entrire details of bitcoin. Merits , demerits. Becacuse nowadays more scams are there. This is not only for bitcoin, it is applicable for all business also.knowledge is important for any kind of investment. Then only we can get a good ptofit.

jamesbtcearn

newbie

Activity: 308

Merit: 0

Knowledge is the best thing to achieve something based on this if you wants to invest money in crypto market then you should know the proper terms and conditions before doing any business so you can learn from and forum or websites based on this you also learn from YouTube so before invest you must know the key points of market.

elncrow

newbie

Activity: 266

Merit: 0

Yes there are so many scams right now in the crypto industry. I think before investing in bitcoin, one must learn the basic of btc, its blockchain process properly.

royalparade01

newbie

Activity: 112

Merit: 0

Quote from: Jody.Drummer on May 31, 2018, 10:11:59 AM

before going any further it must understand what is crypto tujaun and the reason is also how big its role in handling the investment hence need to anticipate that how safe if we do investment dibitcoin because so many mode of blind and wrong fraud then there must be deep understanding. before doing that and when we already understand it should do for the future, do not just look at the benefits offered but how we respond to what will happen

Before investing in cryptocurrency we should learn and more research about what we invest. Familiarize the market of what should we do and how to protect it. Learned about what we applying a campaign and when is the right time to trade it.

ellabanana

member

Activity: 266

Merit: 11

The most important thing you need second to money to invest is your knowledge. Even how much money you have, if you don't know anything about crypto, you'll end up saying that it is just a scam when in fact, it is not. Be wise before you do anything. Crypto is good as long as you know what you are doing.

Umar001

member

Activity: 308

Merit: 14

Before you invest in bitcoin, their some basic technique you need to know, you need to learn how the programming work, you to know block chain, and economic aspect of it, know how to analysis your risk, I, e know when to invest, when not to invest, above all carry out enough research before invest in bitcoin.

bjmpoker001

member

Activity: 406

Merit: 10

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?

Investing in bitcoin and crypto is risky indeed. Always do your research and own diligence before you invest on it.
although i feel sorry for the investors who got scammed by others, but i never stop to put my money in crypto because crypto is a
promising technology for me.

ansdb

newbie

Activity: 80

Merit: 0

investing in crypto need to have knowledge in programming mathematiques algorithme economiques blockchain .. etc as much you have more knowledge as much you have more opprtunity and capacity to invest and earn more than you lose, that's my point of view

dimastegar

sr. member

Activity: 798

Merit: 251

Small Trader

What I need from the beginning to invest in Crypto is mental. Because I know a lot of risk scam and also the risk of price reduction, then we must buthkan then it is Mental.
Selamin mental, Fundamental also very needed in investing.

daicavung

member

Activity: 280

Merit: 10

The Protocol for the Audience Economy

Quote from: Samj16 on June 01, 2018, 12:18:00 PM

Before you join in any cyprto make sure that you make your own research and study about it. You need to have knowledge on what you're going in to. Beware of scammers,make sure thatbthe ico yplou're joining is legit . Prepare youave a lot of patience on waiting and holding your token.

The first thing is to know the price fluctuation of the coin, not emotional investment. The risk is high and you risk losing everything if you make a mistake. Be careful not to see the bull market, but sometimes you will die standing for your wrong decisions.

Taronet-division

newbie

Activity: 154

Merit: 0

read before spending money, see background is also a reliable source. Do not believe it, if you want to buy so promising you will be rich and successful with ease. Schemes and phishing can be resolved

Blessed J

newbie

Activity: 178

Merit: 0

First and foremost you should understand that crypto is not here to make you rich in one day and that you should be very patient when things are not going on well. Most people hear of crypto and come to invest with the aim of getting rich immediately but when there is a little dip in the market, they sell at cheaper prices. These are some of the reasons why people run at a loss in cryto.

ogini

member

Activity: 406

Merit: 10

You need to know that the market is a volatile market,it can drop in price at any given time and also raise at any given time too,you also need to know your private key is a precious gold to you and it worth protecting it

roomboy85

newbie

Activity: 151

Merit: 0

Before you invest into something, make sure you have all the idea on what you are going to invest in. Never invest in something you don't know. Invest first in knowledge. So first thing is, know more about Bitcoin and blockchain technology.

Topic: What you need to know before investing in crypto - page 13. (Read 1267 times)