Post
Topic
Board Altcoin Discussion
Re: Fidelity Report Says Portfolios Should Consider 5% Bitcoin Allocation
by
louisBSAS
on 15/10/2020, 22:37:39 UTC
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!

What matters here is not the amount for which Fidelity bought bitcoins. The very fact that such a large fund started investing in the cryptocurrency market is very important here. I am sure that gradually the rest of the funds will go to invest in cryptocurrencies and, more and more, for large sums.