Topic: What you need to know before investing in crypto - page 16. (Read 1267 times)
if someone wants to invest in Bitcoin, he needs to take time and study first. everyone should understand all the advantages and disadvantages of investing in the crypto world. if you can, ask someone you know who already invested in Bitcoin. do not invest with a huge amount of money. invest a small amount. an amount that you are ready to lose in case that you have been scammed.
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?
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?
Well it's definitely true. It's not really new information either. While it really depends on how you define 'scam' exactly, there have been countless altcoin related scamming going on for at least 5 years now. It's just now that it's exploded with this whole 'ICO' thing. But before that there have been all kinds of shady characters creating, pumping, and dumping altcoins. This forum has all that history written down and stored for the ages too. It's been a constant thing in this community.
you must nedd to know about the market and the coins very well.
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 
Indeed, most people do not understand the cryptocurrency market.
Most ICO projects seem to be more of a scam, so I don't recommend any ICO.
Most ICO projects seem to be more of a scam, so I don't recommend any ICO.
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.
i agree with this many people only thinking that they can earn on bitcoin not even understand is bitcoin thats why many scammer taking advanstage on people that dont understand at all on crypto.
Learn the basics of cryptocurrency.They are many cryptocurrency first try to know which are all good cryptos.They are many scams so analyse the cryptocurrency is legit or not then analyse the rates of cryptocurrency for few days before investing.If you are okay with the analyse and after understanding cryptos then invest.
That's actually true seeing that the recent busts related to crypto investments are bosses of the NewG scams and other similar ponzi schemes. The people who fell victim in these scams are the ones who were lazy enough to blindly trust large sums of money on other people without doing background checks and checking sources. Most people nowadays are looking for quick and easy money, which, at most times lead them towards something that will take their money away instead of profiting. With the cryptomarket gaining a lot of attention due to the gains it offers, many scammers use the term in order to lure people who look for the same opportunity but don't know how to start. If only people would take time to read before spending money on such, I don't think there would be people who'd fall for such tricks.
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?
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?
If you want to invest in crypto you need to know, what is crypto and what type of crypto will you invest. There is so many crypto in the world and there is legit and scam digital currency. If you choose now what crypto you will invest, be sure that it is legit and many people know about that. So that if you have a question about your crypto, you can ask someone who know about that. Therefore you will be updated what happen to your crypto.
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?
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?
Jump to: