How Much Of My Portfolio Should Be Allocated To Bitcoin?
The answer to this question varies based on different circumstances in people’s lives.When people first get into bitcoin as a savings device, or when traditional finance-type people look at it as a potential investment, they’re quickly faced with the sizing problem. What proportion of my assets should I put in this new and promising asset class?For most maxis, this question is on the ridiculous side: naturally, as much as humanly (or prudently) possible. Die-hard maxis borrow fiat to acquire more sats — the Pierre Rochard speculative attack. If you hold any other asset than BTC, you're....
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The U.K.-based investment company informed shareholders that it has allocated 2.5 percent of its portfolio ($740 million) to bitcoin. The post Ruffer Investment Co. Allocates 2.7 Percent Of Portfolio ($740 Million) To Bitcoin appeared first on Bitcoin Magazine.
The U.K.-based investment company informed shareholders that it has allocated 2.5 percent of its portfolio ($15 million) to bitcoin. The post Ruffer Investment Co. Allocates 2.5 Percent Portfolio ($15 Million) To Bitcoin appeared first on Bitcoin Magazine.
The fund is responsible for the benefits of more than 6,600 active and retired firefighters as well as surviving family members. The pension fund for firefighters in Houston has allocated part of its $4 billion portfolio towards crypto.According to an Oct. 21 Bloomberg report, the Houston Firefighters' Relief and Retirement Fund used the New York Digital Investment Group, or NYDIG, to execute the purchase of $25 million in Bitcoin (BTC) and Ether (ETH). Public records through the Texas comptroller’s office show the pension fund held more than $4.1 billion in total net assets as of June....
Ricardo Salinas Pliego is the third richest man in Mexico who has been making headlines for his stance on bitcoin. The billionaire saw Elektra, a supermarket chain, become the first to accept bitcoin payments in the future. He has also been a strong advocate for investing in the digital asset as opposed to traditional assets. This time around, the billionaire has shocked investors after revealing that he now holds the majority of his portfolio in bitcoin. 60% To Bitcoin During the Bitcoin conference that is being held in Miami, billionaire Ricardo Salinas made a shocking revelation. He....
Per a Coindesk report and a regulatory filing with the Securities and Exchange Commission (SEC), investment firm BlackRock has begun trading in Bitcoin futures. BlackRock has reportedly allocated a small part of its portfolio in BTC on the Chicago Mercantile Exchange financial derivatives platform. With $8.6 trillion in assets under management (AUM), BlackRock is one […]