What you need to know before investing in crypto

[denny27]

For me., knowing in advance the conditions of crypto acceptance where we live, knowing whether it has been crowded a lot of people or not and whether it is trustworthy or not.
In addition., of course we must be ready at risk before into steps and have a more widespread insight related to crypto, well it seems that now more and more people are more focused and no wonder if many are talking about crypto news.

[AliMan]

yes i think it's a scam on ico project. i often read it about ico projects that scam many people who are fooled by the ico project. preferably before you decide to invest first understand about the project understand how to roodmap, about team, whitpaper and others

Investing in crypto is a good idea but first you must ready yourself to the challenge that is waiting. Life is not that just easy when you're here so expect trouble to come. Be strong and learn to trust the process in bitcoin. Information are all over the internet to know the system but personal strength is one thing to know because that's important.

[PINAGPALA]

If you want to invest in crypto or what in the world youre investing you should learn how to it and read it carefully. knowledge is the key of the crypto

[Jaslinbor28]

As there are many cryptocurrencies in the market the first thing you have to know is that in which cryptocurrency you are going to invest. You have to gather each and every information about the currency and the main this you have to notice whether people are liking it or not.

[juiceannabel]

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 indeed there are many scam ICOs in cryptocurrency this year. In my opinion, you must always research what you want to invest.
i think if you do enough research and gathering knowledge about the project, i believe you will find a legit ICO.

[sari_]

certainly a lot of gan. how can i join invest in bitcoin. how to buy and how to sell. and learn a good coin to make investment. and many more. which need to be known to everyone who wants to invest in bitcoin .

[Nakakapagpabagabag]

As there are many cryptocurrencies in the market the first thing you have to know is that in which cryptocurrency you are going to invest. You have to gather each and every information about the currency and the main this you have to notice whether people are liking it or not.

First, you have to decide which of the crypto currencies you are going to invest. Then if you decided which one, its the time to know its basics, its advantages, disadvantages, its market, the process. If you know all that, you have a high chance of getting successful on the cryptos you invested in. Just be patiently wait and do hard work for you to obtain what you desired.

[Swenna]

-snip-

First, you have to decide which of the crypto currencies you are going to invest. Then if you decided which one, its the time to know its basics, its advantages, disadvantages, its market, the process. If you know all that, you have a high chance of getting successful on the cryptos you invested in. Just be patiently wait and do hard work for you to obtain what you desired.

Actually, before investing or deciding to invest in any crytocurrency, one must first know what is cryptocurrency and blockchain technology. They must first know the basics; we must know its advantages and disadvantages  before jumping on board (which is the common mistake we, Filipinos make) .We tend to just decide something especially if it is surrounded by hype or it is the trend even if we don't really know anything about it. Once we heard some sort of news that someone earns large money in crypto, they'll begin investing and whatsoever without any knowledge. That's why they often fell victims to ponzi schemes and scams.

[vhroen]

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?

Even before the cryptocurrencies have come into existence, online programs such as PTC and HYIP are scammers money-making-machines so it's not new anymore. Scammers are just everywhere. They just follow trends and cryptocurrency is hot nowadays so expect them to be in the limelight too playing their games and just waiting for someone with a little knowledge in crypto to be trapped into their baits. So, before attempting to invest in crypto you have to educate yourself first as much knowledge as you can and know how to protect yourself from scammers.

[Wahyu aep]

If you want to invest in a crypto you need to know, what is crypto and what type of crypto you will invest. There is so much crypto in the world and there are digital currencies legit and scam. If you choose now what crypto you will invest, make sure that it is legitimate and many people know about it. So if you have any questions about your crypto, be able to ask someone who knows about it. For the future, do not just look at the benefits offered but how we respond to what will happen

[TN0904950]

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.

I think There is so much crypto in the world and there are digital currencies legit and scam.
If you choose now what crypto you are going to invest, make sure that it is legitimate and many people know about it. So if you have questions about your crypto, you can ask someone who knows about it. Therefore you will be updated what happens to your crypto.
If you want to invest in a crypto you need to know, what is crypto and what type of crypto you will invest.

[jeromix]

Yes exactly people do not really understand cryptocurrency or the decentralized way of doing transactions with cryptocurrency. Cryptocurrency is almost to absolute decentralization that as we all know the possible effect of absolute decentralized and that is the power of controlling everything for those who lead that crypto like implementing high transaction fee. Aside from that since the government or the centralized establishment like banks had no control over with cryptocurrency then the latter could had difficulties on someone that might take advantage on others like scamming other individual on crypto. And scammers is so rampant in cryptocurrency.

[PsylockReborn]

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?

As what I've learned only those who have less knowledge about crypto and those people who wants to get rich real quick are the ones being victimized by these scam schemes. There's no such thing as easy money without any risks. If you want to join in a ponzy and HYIP then the risk is very high. If its too good to be true then you should be having second thoughts about investing your money in it.

[LKingLion]

Reading the whitepapaer and the visible team and not invisible team in order to update the ICO if it is scam or not. There should have some some idea about the project. Maybe we should be more careful in joining the ICO so that we will not be scammed.

[Bowly88]

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.

Thats it! that is how crypto currency work. if you don't understand what really cryptocurrencies are i suggest that you should read some articles or just in this forum to have a knowledge on what cryptos is. especially the bitcoin and about the investment thing. but for me, investing in bitcoin is never a loss.

[nano77]

I think before deciding to invest in crypto then the thing we should know is we must know the risk of investment in crypto and how to overcome it, we must know when the right time to buy and sell so will get profit

[Yadstiker]

Its because mostly when we say crypto there are lots of risks involve. I agree with what he was saying that most people are not really well educated about what crypto is, and mostly some of them that are innocent were victimized by those frauds, it is because they also believe easily on easy money which is quiet impossible to think with.

[DavitRoi]

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

[wormgummy019]

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?

People are scammed because they don't have enough knowledge about investing. Before we invest money we must first know some knowledge about investing and we need to know how secured our money is when we invest. We need to know the safest way to invest money and we must know how our money works so that we are not able to scam.

[BTCWise]

Well you need to understand that anything can happen in this space. Markets can crumble in a matter of minutes but they can also skyrocket in a matter of minutes. You need to ask yourself how comfortable you are in any of these two scenarios. I always find it amusing when people panic sell even when they know its not in their best interest. Always remain level headed in this space because it can cost you a tonne of money. Hope my comment helped! Please give me some + merit if you found my comment useful