Bostoncoin update Sept-Oct 2021 What is risk and how do we manage it? The fine-print on financial documents says “all investment involves risk”, but what exactly does that mean? Is it just the risk that your investment may go down? Are there different types of risk, and which ones do I need to know? One of my favourite analogies for risk is a question, posed by a fund manager at a financial planning conference. He asked, “Two skydivers jump out of a plane. Person A is wearing
Cryptocurrency: all you need is… dog? The Beatles sang “All you need is LOVE”. Guns & Roses said “You just need a little patience”. For those who have maintained their love of crypto, and all it stands for (libertarianism, peaceful anarchy, anonymity, cyberpunk, freedom), you may now receive your just rewards. For those who have practised patience with their crypto portfolio, you also have received your reward.
Springtime We are officially through the winter season of crypto
Another blast from the past – A Different Perspective Look back one year: on July 17 2017 — the total crypto market cap was US$67,836,500. One bitcoin was worth around US$2,500. Then this year: on 17 July 2018 — the total crypto marketcap was US$270,380,000. One bitcoin was worth around US$9,000. This is big: in *both* market capitalisation and in BTC price, that is over 300% growth in a year. There are not too many company stocks which have done this at all, ever. If you wer