BostonCoin Feb-March 2018: diversity is key
The Inaugural Boston Trading Co newsletter has been compiled today.
Below you will see updates on bitcoin, general updates on other crypto markets, updates on the broader stock market, and of course, very specific updates on the safest, cutest and happiest coin in the crypto market 😃🐶
Why is the Boston the happiest coin? For one, he’s secure. It’s difficult to be happy when you’re insecure 😉
The vast majority of cryptos have no security and no asset backing. We do have backing and we’re happy about that.
Additionally, our Boston boy is diverse. Whilst holders (HODL’ers) of Bitcoin saw their $25 000 ‘super’ coin turn into an $8 000 ‘crap’ coin within a few weeks, our diversified portfolio weathered the storm considerably better... some would say we did “remarkably well”.
If our Boston boy needed another reason to be happy, it could be that he’s a well-travelled lad as well. The Boston coin now has new friends in Australia 🇦🇺, USA 🇺🇸, Hong Kong 🇭🇰 and Bali, Indonesia 🇮🇩
In amongst the pretty coloured charts, names of coins and the rows and rows of numbers, you will see tomorrow, you will also see the Boston NAV (Net Asset Value) and the Boston Coin Retail Price (BOS)
To calculate what your Boston coin is worth, multiply the number of Boston coins you have by the BOS retail price.
Do the math, realise you may be marginally down for the month, say a silent thankyou that you weren’t holding only bitcoin for a 60% drop and then brag to your friends about how great your portfolio is, using the hashtag #BostonCoin
We still have a boatload of merchandise as prizes for referring new investors, including mugs, bags, watches and shirts.
There’s also still time for bonus bounty of 5% more coins for investors until midnight April 8th
You can share the official posts from FB group, Twitter or telegram (all links at www.BostonTrading.co), add your friends or tell them to join us
See you soon 🙏
PS (Happy to answer any questions once you’ve read the reports. Feel free to share Facebook posts, twitter or telegram posts to spread the word and share the Boston love with your friends
PPS It’s easy to spread the word without sharing the official email. Share our official Facebook, Twitter or Telegram posts, or make up your own. The best shares win great Boston gear ❤️🐶 💰
Boston Trading Co. Monthly Update: February-March 2018
Crypto Market Update:
If something as young as eight years old can have a tradition, then this is it: Bitcoin dips before Christmas, and takes until Easter to climb back. Bitcoin (BTC) reached record highs in 2017, coaxing other coins along with it, before diving rapidly this month. What's with that?
Rocketing up from sub-$1000 in January 2017, the first cryptocurrency hit highs of $25 000 towards the end of 2017, causing it to appear in mainstream TV, press & social media.
All of a sudden, it seemed that "everyone" was a "Bitcoin expert" and everyone had an opinion. At least four Multi-Level Marketing companies launched bitcoin investment packages, and crypto was the topic of conversation at many parties.
But then the market crashed, as it does every year since it began, taking many other coins (and many "experts" down with it). Interesting to note that at least two of the crypto MLM companies were given “cease and desist” orders from USA and Canada. Things got very exciting, and then just as quickly, they became very quiet...
The history & the histrionics:
In 2009, bitcoin was practically worthless, traded as a curio by a handful of cryptography fans. An anonymous user called "SmokeTooMuch" tried to sell 10 000 BTC for $50 in March 2010; nobody bought.
A few months later, in May 2010, Laszlo Hanyecz traded 10 000 BTC for two pizzas, the first BTC transaction to buy goods in the "real world".
By July 2010, BTC price had increased from less than $0.01 to $0.08; still small denominations, but a 900% gain for early investors (and a great tip for the pizza man!)
Over the next six months, BTC rose from 8 cents to hit parity at US$1, a milestone for the new currency to be taken seriously.