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 there are a lot of things you must need to know first before entering the world of cryptocurrency. If you were to invest in here, you need to know the real meaning, purpose, system, use, pros and cons, and any detail even if it is small in order for you to fully understand it so that you might have an idea on what you were suppose to do and the don'ts. It can help you to plan a good strategy in investing in cryptocurrency in result to bigger income or earnings.