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?
I also see the many scam ICO projects at the moment. I am always cautious in investing because I do not want to be harmed. before investing I always see people who invest in ICO projects, besides I also see the purpose of the project is made and I also always see the white paper that I will make a guide because there is a lot of information about the ICO project in the white paper.