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 my opinion, that is why we have to learn more about cryptocurrency before entering the world of cryptocurrency, because with us learning we become more understanding and able to choose which scams and which are not scams, so we will not be easily affected and can go more far in the world of cryptocurrency without fear of scams.