Topic: What you need to know before investing in crypto - page 3. (Read 1224 times)
You read and look for information but always do your own research. Because of manipulation, pump and dump, fraud, scam, hacking and stealing, are common here, and can sometimes lead people to financial loss.
Yes ofcourse this is true that people should know everything about thte cryprocurrency before they invest in it. There re many reason behind this question first of all the cryptocurrency is the alternative to the other real currency you cannot see it meaning it has no real existance like the real moey of any country. And there are many scammers and frauds in this business that you have to be more and more careful before you invest in any of the coins.
Because once you invest your money will be on risk if the company is real and the people are good then you will get reward if not then your investment is nothing but a scam and you will be scammed
Because once you invest your money will be on risk if the company is real and the people are good then you will get reward if not then your investment is nothing but a scam and you will be scammed
Before inbesting in crypto, ofcourse you should know all the things that needs you to know. If it is good to invest and if your money will be worth it of you entrust them your money that you will invest.
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?
Ofcourse you just need to know the background of the project that you are going to invest in because it is the most important thing. You should aware how that project will run. 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?
Always staying up to date is crucial in investing in cryptocurrencies. You should consider and evaluate which crypto is the best for you!
I have seen some people sold their investment so early or hastily because their incomes are dependent on cryptocurrencies. Keep your day job despite reaching your financial goal in crypto, so you are not emotionally dependent on your crypto profits as a source of income. This way you won’t make emotional decisions about selling your crypto
risk. this understanding must already be known from the beginning. not just profit. because this is very dangerous. we can get big losses if we can not know the risk like this at the beginning
Investing on anything is risk in this world. Before investing we should know the entire details on bitcoin.Nowadays more scams are here.This is not only for bitcoin it is applicable for all business also.Knowledge is important for any kind of investment. Some people think bitcoin is a scam while the fact is trading bitcoin or cryptocurrency needs skills.It cannot be done easily and won't always gain profit. That's why they think it's a scam.I think they should need to know first what cryptocurrency is and how to invest well in 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?
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.
You should not be investing without a strategy and goals. Your strategy will include the tactics you will use to reach your goals. So prepare for a clear strategy!
Firstly , you have to know what crypto is, how it works, benefits and risks, blockchain technology used in its operation. After knowing these, you may start investing with small amount of your extra money or idle money. Later on, you can invest more if you have known more about it and have enjoyed profits. Also you have to know that crypto can be used as digital money or digital asset for investment. This business is high profit and high risk so you can anticipate your possible risk or loss that may occur.
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?
Another negative news for bitcoin from that station. I don't really believe what they are broadcasting because they are biased and most of the time they are not researching well at the topic. They simply jump to conclusions and sometimes people are making fun out of them.
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?
In my opinion, that is why we have to learn more about cryptocurrency before entering the world of cryptocurrency, because with us learning we become more understanding and able to choose which scams and which are not scams, so we will not be easily affected and can go more far in the world of cryptocurrency without fear of scams.
We really need to study about cryptocurrencies and blockchain, because there are a lot of people that are trying to scam people and giving misconceptions about cryptocurrencies and blockchain.
Besides the scams, a lot of companies have also been riding on the hype around blockchain technology and holding initial coin offerings or ICOs to fund businesses that were not practical or unsustainable. ICOs have recently become hugely popular among start-ups to raise funds online, offering self-created digital "tokens" or coins to any willing buyer.
When investing in a blockchain company, investing in an ICO, it's important to look at the white paper carefully. To evaluate exactly what this company is trying to do, what the technology they're doing is trying to achieve, and then evaluate for yourself whether or not you think this technology will really really help the business in order for us to make a good investment.
Besides the scams, a lot of companies have also been riding on the hype around blockchain technology and holding initial coin offerings or ICOs to fund businesses that were not practical or unsustainable. ICOs have recently become hugely popular among start-ups to raise funds online, offering self-created digital "tokens" or coins to any willing buyer.
When investing in a blockchain company, investing in an ICO, it's important to look at the white paper carefully. To evaluate exactly what this company is trying to do, what the technology they're doing is trying to achieve, and then evaluate for yourself whether or not you think this technology will really really help the business in order for us to make a good investment.
Before investing in crypto you need to know how crypto would help you a lot, what are the benefits that it can gives to you, understand very well, accept taking the risks so that you may not blame yourself.
If you have plan to invest in crypto you need to know first all the posibilities what will happen once you invest in crypto.You also need to know if the crypto you will invest is legit and many people used it.There's a lot of crypto spreading and some is legit and some is only a scam.You need to become intelligent in investing in crypto and you are a risk taker.
Before invest in crypto, we should understand our limitation. It is highly volatile market and we can just see 80% in value the another day. Patience is the key, and if you are invested in good projects, it will certainly reward you afterward.
Before investing in crypto you need to know first what is crypto and learned the basics of cryptocurrency, understand very well, learned also on how to avoid those scammers.
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?
I think all the affected people because of the said investment scam are actually not really aware what is bitcoin their priority is their investment become double or triple of profit they don't know what is the trend of bitcoin that's why they are the one who the victim of current investment override by bitcoin. But if they analyzed and learned more about the history of bitcoin they don't experienced being a victim of the said scam, Because is legit it depends upon the people how they handle it.
First of all, you have to know what crypto is, how it works, what blockchain technology, benefits and risks. After knowing all of these, probably you can start buying or investing using small amount of your idle money. When you have enjoyed or received profit you can invest more in cryptocurrency. You have to know and realize that investing in crypto involves high risk and high profit that must be analized and calculate accurately.
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