Want to Diversify Your Portfolio With Bitcoin? Well, Now You Can!
Investments in Bitcoin, as an asset class, have been going downhill because of the unnatural volatility, thereby leading to a further drop in the price. In 2014, even with investments in the underlying technology soaring to all-time record levels, Bitcoin bagged the "worst performing currency of the year" with a sharp 80 percent decline in value. Bitcoin has till date, utterly failed in reversing those losses and continues to trade near $230. However, for Bitcoin enthusiasts and investors, who are looking to make an entry into the cryptocurrency at current levels, there is good news! An....
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Dalio sees gold as a hedge against inflation but also has a bit of BTC in his portfolio. Hedge fund manager Ray Dalio says he’s still bullish on Bitcoin but has a greater penchant for gold.Speaking to CNBC on August 4, the billionaire investor admitted to owning a “very small amount” of Bitcoin but said that he would choose gold if he had to make the choice between the two.“If you put a gun to my head, and you said, ‘I can only have one. I would choose gold.”But he added that he sees Bitcoin as digital gold and that i remains an important way to diversify. “There are certain assets that....
Single-family offices are investing in bitcoin as a way to diversify portfolios, according to Angelo Robles, founder and CEO of the Family Office Association, reported Russ Alan Prince, a contributor to Forbes who writes on wealth management. Single family offices are following hedge fund investors and institutional players in looking to bitcoin for asset diversification. Prince, president of R.A. Prince & Associates, is one of several wealth management experts who has noted more people are considering bitcoin as a way to diversify investment portfolios. Bitcoin’s Benefits. Bitcoin is....
By the look of things, more and more financial experts are starting to see the benefits of Bitcoin as a way to diversify their portfolio. In this day and age, investors want to be able to switch between assets quickly if the need arises, something that is not always possible through traditional financial solutions. Bitcoin offers them an option to circumvent those issues, as it operates outside of the realm of traditional finance. Compared to several years ago, Bitcoin has become more legitimate in the eyes of investors, spread betting enthusiasts and people active in the financial sector.....
The CNBC host said his Bitcoin portfolio could get "bigger and bigger and bigger." Three months after seemingly changing course on crypto, the outspoken host of CNBC’s Mad Money is claiming he made a well-timed Bitcoin investment on Friday.In an interview with TheStreet, Jim Cramer says he purchased Bitcoin (BTC) Friday morning when the price dipped under $18,000. The Mad Money host added he was treating the crypto asset as any other investment in a diverse portfolio.“I will buy — like I usually do — as something comes down," said Cramer. "I'll get bigger and bigger and bigger. I just....
Billionaire Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, has shared his investment strategy with cryptocurrency as part of his portfolio. He warned that cash is the worst investment because it is eaten away by inflation.
Ray Dalio’s Investment Advice: Cash Is Depreciating, Diversify Portfolio Well
Bridgewater Associates founder Ray Dalio shared his investment strategy last week. He currently serves as Bridgewater Associates’ chairman and co-chief investment officer. His firm’s clients include endowments,....