Bitcoin Should Be 5% of Your Investment Portfolio

Bitcoin should = 5% of your portfolio according to Fidelity. Myself, I shall echo the rule that one should invest as much as they can safely afford into Bitcoin

https://decrypt.co/44880/bitcoin-should-be-5-percent-your-investment-portfolio-fidelity

Bitcoin has behaved unlike any other investment asset available in the market over the past five years, acting on average almost entirely independently, according to financial services giant Fidelity.

Fidelity Digital Assets, the cryptocurrency-focused arm of Fidelity, said today in a report that Bitcoin has almost no relationship to returns produced by other asset classes, including gold and US stocks.

What’s more, its report, part two of the firm’s Bitcoin Investment Thesis, suggests investors keep 5% of their holdings in Bitcoin as exposure to alternative investments. It’s another sign that institutions are warming up to digital gold and are taking note of its ability to provide uncorrelated returns in spite of external conditions.

 

Expert Asked on October 13, 2020 in Bitcoin.
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