What you need to know before investing in crypto

[Holapola]

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.

[teklang01]

There are greedy and bad people out there riding the popularity of bitcoin and used it to scam people for their benefits. That is a very sad thing to hear, but how can we stop them? With regards to any investment, specially to bitcoin, before investing, one should equipped themselves with enough knowledge about cryptocurrency to avoid getting scam. You should research more and read more and be very careful.

[BlackPanda]

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?

which we need to know of course very much, simply we must be able to understand how the condition of crypto world that exist today. Understand how it works. If it fits with the basic we have then we will have the ability to continue it. Investing in the world of crypto does have quite a risk, so we must have the readiness to make the results satisfactory as well.

[naigelbit]

I think before investing in crypto you have a full research of what you will entering to invest. And first of all know what are they goal of them project. Investing in crypto is too risky so my opinion is to be aware.

[Noctis Connor]

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?

Don't just base on the news just base on your own research and own experience because news is just an instrument to spread a fudd about the bitcoin is so that many new in the crypto would easily sell their coin in a lower price and many people would buy it and benefit before the year end.

[jeluhtajem]

Some frauds that occur in the world of crypto make a lot of people become alert, even canceled his intention to invest. To find a good crypto and not a possible scam you have to look up all the information as much as you can about the crypto.

[kabelpeggek]

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.

[renggileh]

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.

[cech makey1]

I think if you want to invest in crypto or what in the world you're investing you should learn how to it and read it carefully. knowledge is the power of success.

[malbterxic]

In principle, this person is absolutely right, the fact is that with the growth of popularity, not only traders and investors earn their currency, but scammers aspire to snatch their piece of pie, in order not to fall into their trap, you only need one thing - not investing in something or anything you do not know!!
90% of crypto investors invest their money on recommendations from different channels and at the same time think that they manage their money themselves)).

[Cheerfulmule]

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, i totally agree with that. A lot of people who entered the crypto industry didnt even understand a bit about Bitcoin, they only cares about the profit. Greediness is what bad people take advantage of. This is why people should understand and think about what they're getting into before they invest their money.

[Zeque02]

Learn the basics of cryptocurrency first. Like what is crypto? what type of crypto would you invest? There is so much crypto in the world. And there are also many of them are scam. So now we have to know the basic and what type of crypto will be invested so that we do not lose money

Definitely right, knowing the basic of crypto currency is very important in order to know the exact way on how to deal with it. There are ways on how to do the process,  it is important to know its background and how it will be use because investing is risky.

[Yukyzu]

fraud will always exist in any business that involves money and profit. Scam offers very high profits with a fast time because the popularity of bitcoin is very high many people who do not understand and new in the business bitcoin become victims of fraud. preferably, for beginners to analyze information about the projects offered in order to avoid fraud.

[nikay12]

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?

Ofcourse before you invest and entrust your money with the ICO, you should make sure that they are really trustworthy and ofcourse you should already know the background of that ICO that you are going to invest.

[Fesatmas]

Possibility and popularity are the most important thing for me when I want to invest in crypto. However crypto is the most risky place of investment but when choosing a good crypto will be very profitable.

[imopogicute]

yes I have someone with a scam in phillippines. they do not return money and they consider people when investing in bitcoins it will return to them more.
but they do not know the bitcoin is a long-term investment that you wait for it to increase the amount before you pay.
so it is important for Filipinos who have proven in bitcoin to get wet before they get out of money

[arifin eky]

the most basic is to learn prices and articles about the world of cryptocurency, and most importantly how to find the price down if you want to buy, and put up a high price if it will sell.

[Fujiati]

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, before investing investors should be careful in choosing ICO projects, besides investors should read all the rules and information about ICO projects so investors will know that the project is not a scam.

in my opinion, for campaign managers to be cautious in accepting ICO projects, if there is a scam ICO project then campaign managers also get punishment as exposed to red trust or their account is blocked.
I suggest penalties for campaign managers so they do not accept scam projects and investors can be safe in investing.

[soul08]

Of course, many of the current ICO projects are scams.
This requires people to judge themselves or collect some information.
If you are a newcomer to a cryptocurrency, it is not advisable to go to ICO. Instead, try to buy some existing coins to try.

[Redenom]

you need to make sure you know the difference between airdrop and ICO, when you have to invest your money from the begging  or get something initially for free and see how it works