Fidelity Report Says Portfolios Should Consider 5% Bitcoin Allocation - CoinDesk
www.coindesk.com 2020-10-13 20:26
Reading time: ~1 m
Fidelity Digital Assets recommended in a Tuesday report that investors “consider” diversifying 5% of their portfolios into bitcoin.
- A disciplined 5% would position investors to capitalize on bitcoin's potential growth while protecting against losses, the cryptocurrency unit of the mutual fund giant wrote in its latest report on bitcoin's investment thesis.
- "In a world where benchmark interest rates globally are near, at, or below zero, the opportunity cost of not allocating to bitcoin is higher," the report said.