28 Oct '17, 2am

Should your portfolio include bitcoin? Yes, but just a 2% position, says analyst

Anyone looking at the astronomical rise in the price of bitcoin over recent years may be wishing they had allocated a hefty portion of their money to the red-hot digital currency, so that they could now be reaping a position worth millions . But while hindsight is 20-20, the question of whether an investor should now be including bitcoin or one of its cryptocurrency rivals into their portfolio is far less clear. While bitcoin prices BTCUSD, -0.15% have soared thus far this year—up about 500% in 2017; it recently hit a record above $6,000—it continues to be extremely volatile, and perpetually dogged by questions over whether it is in a bubble . See also: A bigger blast off? What one strategist sees taking bitcoin ‘into the stratosphere’ So with heavy uncertainty on one hand, but a stratospheric record on the other, does bitcoin belong in the average investor’s portfolio? Ac...

Full article: https://www.marketwatch.com/story/should-your-portfolio-i...

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@BTCTN

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via @Cointelegraph

via @Cointelegraph

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