Quote from: SicariusREAL on Today at 08:11:31 PM

So I have been bitcoin mining a little before the boom (December 11th) and have made quite a bit.

After the fall recently, the amount I had saved went down a bit of course. Now I'm seeing the FCA (financial conduct authority) based in the UK says to prepare to lose all our money. Is this even reliable at all? I mean, I've never heard of them until recently and now it's all over the news.

Is this just another anti-bitcoin company like the motley fool?

1) We are not doomed
2) I dont think you need to trouble yourself over what was said about the Financial Conduct Authority.
3) The organization are doing the job in terms of giving people financial advise.
4) What you read about the organisation (FCA) is false and this is what they said "The FCA is aware that some firms are offering investments in cryptoassets, or lending or investments linked to cryptoassets, that promise high returns. Investing in cryptoassets, or investments and lending linked to them, generally involves taking very high risks with investors’ money. If consumers invest in these types of product, they should be prepared to lose all their money.

As with all high-risk, speculative investments, consumers should make sure they understand what they’re investing in, the risks associated with investing, and any regulatory protections that apply."