What you need to know before investing in crypto - page 9.

avary18

newbie

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Quote from: charlemagne_15 on June 04, 2018, 08:21:40 AM

Quote from: kimjoo11 on May 31, 2018, 08:35:13 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 decided to invest your money in crypto of course first, you need to know the real definition of crypto, what are the use of it, or any details that have a crypto. Also, you must know the different types of it so that you will know what is true and scam. In addition, join any group that talks about it so you will be updated and have someone you can talk to.

In addition to that you must analyze the coin and do some research,their developer,the team behind it,white paper and try to figure coin if it is in the list in reputable exchanges.

charlemagne_15

member

Activity: 357

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Quote from: kimjoo11 on May 31, 2018, 08:35:13 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 decided to invest your money in crypto of course first, you need to know the real definition of crypto, what are the use of it, or any details that have a crypto. Also, you must know the different types of it so that you will know what is true and scam. In addition, join any group that talks about it so you will be updated and have someone you can talk to.

Jenits

full member

Activity: 392

Merit: 101

I think you need first a knowledge in crypto study on how it works research the project before investing you need also choose a good ICO before entering the wolrd of crypto

samcun

jr. member

Activity: 266

Merit: 1

What do you need to know before investing in crypto?
you need to know before investing in crypto one of them is:
1. Choose the right time to invest.
2. researched and analyzed what coin is appropriate to invest for a long period of time.
3. see and also must be keen to see the opportunities that exist.
4. the advantages and disadvantages of the coin.
so my explanation of the need to invest in the eyes of the crypto currency.

andrino

newbie

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Better to be careful than not because once the money lost it will be lost forever it will not return forever. It was a good warn to have some idea about what everyone wants to enter like crypto. Better to have some advices from others than nothing.

wireless1889

member

Activity: 210

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Quote from: kimjoo11 on May 31, 2018, 08:35:13 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?

Well if you choose the right one to invest in you'll not be scammed. When investing into bitcoin there's always that idea that it is risky and you might lose profit at some point but worry not, because bitcoin is risky only with its volatility nothing more and nothing less. But this is what makes it a good investment because you will get higher rates at some point.

lienfaye

hero member

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There is no easy money in crypto just like what other people think it is if you invest, the problem nowadays many people were easily convinced they can earn bucks in an investment without enough knowledge and dont even check the background of those people who promised they can earn huge in span of few months.

Better to conduct a research (and dont believe in hearsay) on how to earn in crypto and make sure you're aware of the risk involved thus you wont be surprise if ever your strategy to earn failed.

MudahDanHemat

newbie

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If the investment in ICO then need to be analyzed in advance the legitimate ICO or ICO scam. If investing in existing crypto coins on the market, first know the advantages and disadvantages of the coin and tailored to your needs.

bart_to_bart

newbie

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To begin with, it is necessary to understand whether a project needs a society, in which its competitive advantage over the others. The second important thing is the team. If the team is strong, then not even the right project, can grow to the top 50

Mpamaegbu

legendary

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Merit: 1225

Once a man, twice a child!

I don't understand a heck what your post is about, especially the part below:

Quote from: kimjoo11 on May 31, 2018, 08:35:13 AM

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.

Why would the investor be scared because he got an overwhelming profit on his investment? Do you have an idea of what Facebook rages in daily as profit?

Anyway, in regards to the question you raised in the title: What you need to know before investing in crypto. I should think that would be that anyone investing in crypto MUST have that mindset that crypto is a RISKY business to indulge. Simply put.

CuteBaby123

jr. member

Activity: 196

Merit: 3

Quote from: kimjoo11 on May 31, 2018, 08:35:13 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?

That is true. If you do not know what you are investing, you will probably end up losing. Every investment has risks. Especially in cryptocurrency which is very volatile, if you do not choose the right crypto to invest in, you will lose your money. So before you invest have some background check on that crypto.

doraegun

jr. member

Activity: 251

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Quote from: kimjoo11 on May 31, 2018, 08:35:13 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?

PRICE of bitcoin before December 2017 is really Brilliant price that's many company making their own business override to Bitcoin then they will convince many people investor to invest their business in exchange of double or triple their money after several months, of course many investor have decide to give a volume of money for investment but after DECEMBER 2017 price of bitcoin is falling down until it will going to the lower level of price until now. of course no profit generated from it and the said company did not apologized and suddenly it will disappear because of that circumstances. that is the story of some people apprehended by authorities because they defrauding of so many investor. BUT BITCOIN is not SCAM I admit that.

starmahafuza

newbie

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before investing on cryto the most important thing is to check the cryto and what problem it can solve.You can also refer to their roadmap and white paper which will give you many information.

reality18

member

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Earn more with Earn Network

Quote from: kimjoo11 on May 31, 2018, 08:35:13 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?

Due to how lucrative crypto can be, a lot of scammers use that avenue to fraud people especially the ones who do not fully understand cryptocurrencies. Most of the scam projects or ICOs are easily detected if only you take your time to assess and analyze the project or ICO. Before you make up your mind to invest, check study the project, its developers, its social media, website and whitepaper for consistency in information they provide.

Peetxvg1

newbie

Activity: 17

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Invest to old cryptocurrencies like NEO, ETC, LTC and so on.. and you cant lost money or be scammed by scam. Easy.

Quote from: ?? on ??

Most people today are looking for an easy and quick investment without checking the source first. If we want to invest in the world of crypto, then we need to understand the types of crypto, and make sure before we invest, that it really is not a scam.

thanhtuan1413000

newbie

Activity: 98

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Quote from: kimjoo11 on May 31, 2018, 08:35:13 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?

On this earth, what has not been discovered is still true and vice versa discovered then will say it is false, not transparent

Christine Viveiross

newbie

Activity: 36

Merit: 0

When people talk about wanting to get into cryptocurrency but feeling like they’re, “too late”. Bitcoin does this thing call “correcting” every few months where it tends to drop in price drastically to prepare for the next leg up - buy in during any of these dips and you’ll be fine if you prepared.

Carney Nicholass

newbie

Activity: 14

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Cryptocurrency is a high risk/high reward investment. You have to be prepared to accept the risk.So don’t go all in on an investment. After a long time you are informed you can make your decision more wisely.

Norwood Daniell

newbie

Activity: 18

Merit: 0

I have been here for long time so I find that there are a lot of people that were trying to scam people and giving misconceptions about cryptocurrencies and blockchain, so you should look for more information in detail about a certain cryptocurrency.

Finestream

hero member

Activity: 3052

Merit: 606

Quote from: Findingnemo on June 03, 2018, 12:10:59 PM

Quote from: DavitRoi on June 03, 2018, 11:36:11 AM

Before invest in crypto you should know first what is crypto ..and you have to know how you invest in it.

The only thing is you need to do is patience . If you have that you will be ableist to earn good profits otherwise you will not make a good profit in crypto currencies.

Right.With patience and hardwork,you will be able to widen your knowledge on cryptocurrency and blockchain technology through further studies and observations.It will really help you to avoid scams and even big losses if you deeply understand all about cryptocurrency.And having the fact that bitcoin is a very risky investment,then you should be cautious at all times.

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