What you need to know before investing in crypto - page 5.

Bitcoinislifer09

full member

Activity: 257

Merit: 101

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?

In entering in any investment or money related such as crypto you should be familiar on it to avoid such scam. Look for some information such as the best strategy in investing, what is the best coin to buy, and please keep in mind the in investing there has a 50/50 chance that you will get your investment with interest so risky.

coinnumber

jr. member

Activity: 504

Merit: 5

There are so many cryptocurrencies in the world and they are of two types legit and scam digital currency. So it's important you know what crypto is before you can invest, the crypto world grow alone with technology so it's a thing you keep learning everyday. Know that the community is for high risk takers and don't invest what you can't afford to lose always do research very well before you start investing on any project.

Early valora

brand new

Activity: 0

Merit: 0

To begin with, it is important to understand whether a project needs a society, where its competitive advantage over others. The second important thing is the team. If the team is strong, then not even the right project, it can grow to the top 50, and always prioritize reading before making the campaign.

Lalafell

sr. member

Activity: 812

Merit: 250

Quote from: LigwagGanern on May 31, 2018, 09:21:07 AM

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?

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.

If you want to invest in bitcoin or in any cryptocurrency the first thing that you need to do is to have information of knowledge about it so that you can't lose your capital or money. In addition to that, I agree there are many cryptocurrency and some are legit or scam so that you must become wisely before you invest and you must invest in trusted digital currency.

vanjava

copper member

Activity: 370

Merit: 1

We must learn about how to invest right so as not to choose a project that is running or a scam project. Investing in crypto must meet the requirements stated on the project in accordance with the applicable provisions. See the ICO rating to make sure it looks good project.

SmileyLadd

newbie

Activity: 26

Merit: 0

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?

Before investing such huge money, take a brief research about scams or scams that happened recently before investing huge money.

Gimblaz

newbie

Activity: 115

Merit: 0

Search the internet what bitcoin and crypto learn about it all because crypto jas a very high risk of learning to seniors before you really invest your money lost or not your money depends on your analysis

chel0

newbie

Activity: 196

Merit: 0

Learn the basics is the first thing to do before entering to something you hardly know. Cryptocurrency for instance like bitcoin, if it is the first time you hear this,try to read more articles about it or you may ask somebody who knows it, how it works and how to earn or invest in it.Same thing with other altcoins, to distinguish whether the coin is good for investment or not, try to look over what are the ICO projects,will it be for good or not at all.

Redenom

newbie

Activity: 42

Merit: 0

you need to make sure you know the difference between airdrop and ICO, when you have to invest your money from the begging or get something initially for free and see how it works

soul08

newbie

Activity: 2

Merit: 0

Of course, many of the current ICO projects are scams.
This requires people to judge themselves or collect some information.
If you are a newcomer to a cryptocurrency, it is not advisable to go to ICO. Instead, try to buy some existing coins to try.

Fujiati

full member

Activity: 664

Merit: 112

Ethernity CLOUD

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, before investing investors should be careful in choosing ICO projects, besides investors should read all the rules and information about ICO projects so investors will know that the project is not a scam.

in my opinion, for campaign managers to be cautious in accepting ICO projects, if there is a scam ICO project then campaign managers also get punishment as exposed to red trust or their account is blocked.
I suggest penalties for campaign managers so they do not accept scam projects and investors can be safe in investing.

arifin eky

newbie

Activity: 100

Merit: 0

the most basic is to learn prices and articles about the world of cryptocurency, and most importantly how to find the price down if you want to buy, and put up a high price if it will sell.

imopogicute

jr. member

Activity: 182

Merit: 1

yes I have someone with a scam in phillippines. they do not return money and they consider people when investing in bitcoins it will return to them more.
but they do not know the bitcoin is a long-term investment that you wait for it to increase the amount before you pay.
so it is important for Filipinos who have proven in bitcoin to get wet before they get out of money

Fesatmas

sr. member

Activity: 2268

Merit: 275

Possibility and popularity are the most important thing for me when I want to invest in crypto. However crypto is the most risky place of investment but when choosing a good crypto will be very profitable.

nikay12

member

Activity: 230

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?

Ofcourse before you invest and entrust your money with the ICO, you should make sure that they are really trustworthy and ofcourse you should already know the background of that ICO that you are going to invest.

Yukyzu

full member

Activity: 241

Merit: 100

fraud will always exist in any business that involves money and profit. Scam offers very high profits with a fast time because the popularity of bitcoin is very high many people who do not understand and new in the business bitcoin become victims of fraud. preferably, for beginners to analyze information about the projects offered in order to avoid fraud.

Zeque02

member

Activity: 490

Merit: 10

Platform for Cross Chain Fundraising

Quote from: thya1 on June 04, 2018, 09:24:00 PM

Learn the basics of cryptocurrency first. Like what is crypto? what type of crypto would you invest? There is so much crypto in the world. And there are also many of them are scam. So now we have to know the basic and what type of crypto will be invested so that we do not lose money

Definitely right, knowing the basic of crypto currency is very important in order to know the exact way on how to deal with it. There are ways on how to do the process, it is important to know its background and how it will be use because investing is risky.

Cheerfulmule

jr. member

Activity: 113

Merit: 1

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, i totally agree with that. A lot of people who entered the crypto industry didnt even understand a bit about Bitcoin, they only cares about the profit. Greediness is what bad people take advantage of. This is why people should understand and think about what they're getting into before they invest their money.

malbterxic

member

Activity: 224

Merit: 10

In principle, this person is absolutely right, the fact is that with the growth of popularity, not only traders and investors earn their currency, but scammers aspire to snatch their piece of pie, in order not to fall into their trap, you only need one thing - not investing in something or anything you do not know!!
90% of crypto investors invest their money on recommendations from different channels and at the same time think that they manage their money themselves)).

cech makey1

newbie

Activity: 110

Merit: 0

I think if you want to invest in crypto or what in the world you're investing you should learn how to it and read it carefully. knowledge is the power of success.

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