[nsfntfo]

From the point of view of a wealth management practitioner, bitcoin, or rather cryptocurrency, has reached a “mania” status, similar to what was seen in The South Sea Company phenomenon in 1720. Back then, shares rose to astronomical value, speculations ran wild and huge fortunes were made. However when the bubble finally burst, stocks crashed and people all over the country suffered a catastrophic loss of money and property. The dotCom bubble suffered a similar fate in the United States in the 1990s.

All through history, the underlying theme of “How to make a lot of money quickly!” seems to surface time and again. Logic would dictate that the human race learns from past mistakes but somehow this is never the case. It is this concern that has prompted me to share my views on this “alternative investment”.
Read more at http://www.thestar.com.my/business/b...H0Dtcxv9XtT.99