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RE: Why Pension Funds Should Invest In Bitcoin
People in the financial sector actually advising investment in cryptocurrency? There's something new...
Did they really say the optimal allocation was 1.3%?? That seems a bit low if they actually think it's a good investment, especially considering recent gains. I'd think they would shoot for 5-10% if they want to actually get rewarded for the risk.
I think it is low @jakeybrown but it is better for them to be prudent. The financial planners do not need to be telling people to go all in with their investment portfolios...especially since most people cannot handle the volatility that comes with cryptocurrencies. Up 30%, down 40%, up 35%...etc..
That's true, that friend I was talking about in one of your earlier posts said he had a client with about 5% in crypto, I just feel like 1% is nothing for most average income people