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?
Before you invest in cryptocurrency make sure that your crypto you choose was a popular like bitcoin, and keep research. It might be they victimize by a site has lack of details but their blame the cryptocurrency. actually its depend to the holder if they have enough knowledge they will not be victimized by scammers.