Recently the bashing of Cryptocurrency has become some kind of national sport among the “financial writing gurus”. Now they found another scare tactic to mislead people into steering clear of any Cryptocurrency related subjects.

“Cryptocurrencies aren’t covered by the money protection of the banks”.  Of course they aren’t covered,  because: 1) it is not something the bank offers to its customers and 2) it isn’t controlled by the banks or government. It isn’t a fund where you just dump your cash into and let it rise steadily. Cryptocurrencies have to be viewed as risky stock options. There is a potential to make huge amounts of money in a short period of time. If you want some certainty,  you should invest in shares like those of Scharmbeck or other sites.  Read more...