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.
But the scammers are much professional nowadays as they get a perfect blockchain system (the coin etc) but when they collect money from people they escape with the money of investors. So better is that to search about each corner of the project. Reviewing the team members is important as if they escape away then you can file a case against them. 
Topic: What you need to know before investing in crypto - page 7. (Read 1256 times)
we should be able to figure out the process of rising currencies, we should be able to sell the currency and buy goods and services, trade with other parties, and join interesting conversations in social media about the world of krypto. this is trading in the form of unrealized currency but connected to thousands of computers globally.
We need to understand first what is the purpose of it, what the benefit we can get, what is the risk investing in crypto. Well the good thing about crypto is by having decentralized system which means no authority involve and because of having high volatility its like a double edge swords the faster we generate profit the faster we lose also but if you have the guts and want to become success you take all the risk.
Learn to evaluate the purpose of the crypto before investing because it is very risky to put your investment with little knowledge about it. You have to choose the coin which has high potential for growing and popular to the users because that crypto have huge demand which can make the price to increase. 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
Before investing in bitcoin, you should know how much it is currently priced, compared to yesterday, it increases or decreases and predicts how much they are and how much the price fluctuates, and You also need a separate wallet to store them. And the most important thing is to understand all the risks that must be faced. Do not just be affected by mass hysteria, because bitcoin becomes a pretty popular investment right now. It's not just about how much you invest, but about taking the right position to buy and sell. So, an analysis in reading the market chart is a very big influence.
Crypto currency is a easy thing to understand. People just need to do research and gather knowledge before investing which will help them to do transactions in better way. People is quite new for this conception and I hope everything will go better in future.
Read forums, communicate with people, read different articles about the coin, so you will have information about it and be able to assess the prospects.
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.
It is necessary to study very carefully the currency that you are going to buy, to assess its prospects. It is best to communicate with other, more experienced investors and ask their advice, it will help you a lot.
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.
Before you invest in crypto, you need to know what crypto is, the type of crypto you want to invest, and that crypto's information. You need to know how to store and trade crypto. You have to learn about the crypto you want to invest carefully to avoid losing money because of the crypto fraud.
I thought that when investing in a [Suspicious link removed]pany, 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 you to make a good investment!
We need to understand first what is the purpose of it, what the benefit we can get, what is the risk investing in crypto. Well the good thing about crypto is by having decentralized system which means no authority involve and because of having high volatility its like a double edge swords the faster we generate profit the faster we lose also but if you have the guts and want to become success you take all the risk.
Today a lot of various practices of bitcoin investment fraud, therefore, it is important to understand how cryptocurrency works before investing any money.
Take the time to understand cryptocurrencies like Bitcoin, how it works, how to secure bitcoin, and about how Bitcoin differs from paper money. and it takes time to understand the real impact it can have if you invest in cryptocurrency.
Take the time to understand cryptocurrencies like Bitcoin, how it works, how to secure bitcoin, and about how Bitcoin differs from paper money. and it takes time to understand the real impact it can have if you invest in cryptocurrency.
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.
If you want to invest in crypto you need to understand, what is crypto. You also need to know about the market and the coins very well. Yeah, there are a lot of scams right now. Most of the people do not understand the cryptocurrency market. So you have to analyze. If you are okay with the analyze and after understanding cryptos then invest.
better before investing in crypto, the first thing is to understand first the world of crypto and take the time to learn it before investing, do not just look in terms of its advantages but must also know the risks that will be in the can if not careful in investing.
Yes, knowing everything about crypto and how to properly handle it is the pre-requisite upon entering this new digital system of monetary transaction but the most important is to have risk assessment for everything because crypto currecy as being decentralized and fueled by internet is prone for any risk.
better before investing in crypto, the first thing is to understand first the world of crypto and take the time to learn it before investing, do not just look in terms of its advantages but must also know the risks that will be in the can if not careful in investing.
you must know little bit economics then learn trading then look at the basic crypto things like transaction, wallets, exchanges etc.
Knowing some facts about Bitcoin is one of the things that needs to be done before investing in this field. Not too hard to do. Learn all about how to invest and then search for information on the Internet, then you will get a lot of references on all that. Or try to ask your friends who have joined first crypto. Surely you will get the information you want that will convince you to join the crypto.
If im going to invest in crypto i need to know if it is really secure and legal,and to know more about it so i need to research all of those things i want to know about cryptocurrency to answers my all questions about bitcoin.
If you want to invest in crypto you need to know your risk tolerance first. In crypto world, you could lose some or all of the money that you've invested so should be prepared on this risk.
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