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Author Topic: What you need to know before investing in crypto  (Read 1202 times)
PG13
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June 04, 2018, 01:39:57 PM
 #161

Because of the popularity of the bitcoin that can gain more profits by investing, many people are using bitcoin to scam other people and those people that has zero knowledge in cryptocurrency are the common victims. They are blind with the term can be double their money in just 1 month so they invest without doing a research about the scheme and late to notice that it's a scammed. Yeah, we should not in hurry to invest in cryptocurrency without the idea or knowledge on what is this all about. Invest only to those legit exchanges if you are ready to put your hard earn money into crypto as this is a risky investment.

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June 04, 2018, 01:52:22 PM
 #162

Before we make an investment, we should first learn what investment is, this is something that is most important before making an investment because in investing we need a wider knowledge so that later we do not suffer a big loss

sicnarfwb
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June 04, 2018, 02:10:03 PM
 #163

As a businessman with specified level of skill in financial matter before i invest in bitcoin i already understand the kind of investment that im goin to in. Im investing for the purpose of generating cash flow to gain profit and so far im aware of many fraud in cryptocurrency. Information and understanding in cryptocurrency is highly needed to avoid any conflict in investing and trading because this is the easy way to transact and gain profit in the world market in cryptocurrency.
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June 04, 2018, 02:44:00 PM
 #164

Before investing in cryptocurrencies, always study about cryptocurrency, its background and history, its benefits and its effect in the society to avoid scams. After understanding the cryptos, choose the better cryptocurrency then start investing.
MUSFIKAR
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June 04, 2018, 02:56:07 PM
 #165

Before you go into the world of criptocurrancy then you have to understand tujaun and the reason is also how big its role in handling the investment hence it must be anticipated that how safe if we make an investment in Bitcoin because so many fraud and blind fraud mode there. should be in your understanding. You can, ask someone you know who has invested in Bitcoin. Do not invest with large sums of money. invest a small amount. your number is ready to lose if you have been cheated.
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June 04, 2018, 03:05:18 PM
 #166

if someone wants to invest in Bitcoin, he needs to take time and study first. everyone should understand all the advantages and disadvantages of investing in the crypto world. if you can, ask someone you know who already invested in Bitcoin. do not invest with a huge amount of money. invest a small amount. an amount that you are ready to lose in case that you have been scammed.
Investing in bitcoin you need first to study about how to invest, how to get more profit and how to faces all risk and challenges. You need lot of knowledge before you start to invest in bitcoin. Investing in bitcoin is not easy it's so hard cause you faced lot's of risk and challenges if you have lack of knowledge it may cause your money lose. Start in small amounts in investing and study how it works in the market if gain or not, and don't be shy to ask your friends who already invested in bitcoin.
 
Daniel91
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June 04, 2018, 03:08:38 PM
 #167

Any investment is risk.
There is no such thing as ''safe investment''.
Price in the market depends on supply and demand and we can't predict short or long term trends.
So, never invest money you can't afford to loose, please.
It's golden rule fr any investment.


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dvmd
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June 04, 2018, 03:09:32 PM
 #168

I think now there are so many scams right in the crypto so before investing in bitcoin, You must learn the basic of btc, its blockchain process properly. Good luck
dedens212
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June 04, 2018, 03:11:10 PM
 #169

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.
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June 04, 2018, 03:21:35 PM
 #170

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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June 04, 2018, 03:21:50 PM
 #171

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.
PAKYU
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June 04, 2018, 03:23:30 PM
 #172

you must know little bit economics then learn trading then look at the basic crypto things like transaction, wallets, exchanges etc.
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June 04, 2018, 03:33:27 PM
 #173

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.
Elai101
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June 04, 2018, 03:38:17 PM
 #174

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.
AlexAce420
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June 04, 2018, 04:48:41 PM
 #175

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.
van jones2594
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June 04, 2018, 04:53:32 PM
 #176

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.
LETme
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June 04, 2018, 04:55:23 PM
 #177

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.
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June 04, 2018, 06:00:14 PM
 #178

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!
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June 04, 2018, 06:13:16 PM
 #179

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.

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June 04, 2018, 06:13:23 PM
 #180

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 really want to invest in crypto you must have background about it so that you can avoid losing money. On the other hand, just collect more information about that crypto before you invest. Lastly, just be patient if you want to invest in crypto because being patient will help you to have huge income.
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