Quote from: papasmurph on June 06, 2018, 05:38:48 PM

Quote from: kimjoo11 on May 31, 2018, 12:35:13 PM

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?

It is naive for any person to think that he can invest in something and make money without having an idea what this is. This applies not only to the crypto market but to everything related to investment in the world. Huh

It takes readiness and willingness before investing in cryptocurrency. It's important to improve knowledge, study about the nature of cryptocurrency, understanding market growth or movements, the risks factors, factors affecting the price, reading the chart, roadmap, doing own research, and to continue learning and exploring new investment ideas and experimenting for best strategy that works effectively for you, like diversifying or more. It isn't always about how much money you make, it's also about how much you keep. Keeping losses to a minimum level allows your assets the potential to grow over time.