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Altcoin Discussion
Re: Fidelity Report Says Portfolios Should Consider 5% Bitcoin Allocation
by
StealthCoin1
on
15/10/2020, 13:31:05 UTC
Quote from: shinratensei_ on October 14, 2020, 10:42:08 PM
Quote from: StealthCoin1 on October 14, 2020, 04:18:33 AM
https://www.coindesk.com/fidelity-report-says-portfolios-should-consider-5-bitcoin-allocation
Fidelity Investment have like 1 or 2 trillions dollars portfolios? So 5% is like 50 or 100 billions dollars? That's a lot!
It looks like fidelity was also considering it caused by its own survey as so many people have invested their money into the cryptocurrency.
Is not it should be around 400 billions as the total customer's asset in that was holding by fidelity was around 8 trillion dollars?
If that will be a real thing and i can't imagine how it will give an impact on the bitcoin. That's very huge money to come in.
Like I said I don't know how many trillions Fidelity have, if you said around 8 trillion dollars now that's HUGE!