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?
In entering in any investment or money related such as crypto you should be familiar on it to avoid such scam. Look for some information such as the best strategy in investing, what is the best coin to buy, and please keep in mind the in investing there has a 50/50 chance that you will get your investment with interest so risky.