In the last decade, the first and largest crypto asset, Bitcoin (BTC) was considered the best asset for investment by the crypto news outlet. In addition, according to the Chief Executive Officer of Morgan Creek Capital, Mark Yusho, every successful investment portfolio should contain at least 1 percent of Bitcoin. These comments were made by Yusho in an interview on the Keiser Report with Max Keiser which was released on January 30, 2020.
Max Keiser also drew attention to the fact that the portfolios that did have a significant amount of Bitcoin performed 30 percent better than the ones that did not during the last 5 years. A large number of successful investors began using Bitcoin in the past 6 years after noticing the volatile nature of the digital currency and understanding how they could take advantage of the wide range of price shifts. As a result, a diversified portfolio containing Bitcoin provides advantages that portfolios with only traditional assets do not.
The highly volatile nature of Bitcoin is often thought to be an irrational risk for investors and that is one of the main reasons why many traditional investors have been so hesitant throughout the years to enter the ecosystem of digital assets. At the same time, volatility is what allows Bitcoin to be such a profitable investment and generate such great profit. Diversified portfolios also give the investor the least amount of risks compared to those that have only one type of asset. By applying traditional principles of diversification to the crypto market, investors achieve great results. In the future, it would be very profitable for investors to take advantage of assets such as Bitcoin that offer high returns and decrease risk by also investing in traditional assets.
The performance of Bitcoin has been dramatically improving as the next halving approaches. In order to find out information & details about BTC and its price, take a look at Bitcoin Price updates as well as Bitcoin (BTC) Price Predictions to stay up to date with the potential price and crypto market movements.
