Another one!
Wall Street is on fire on those reports:
Understanding Bitcoin Does bitcoin belong in asset allocation considerations?KEY TAKEAWAYS
- Among an increasing number of investors and portfolio managers, bitcoin is considered a legitimate and distinct asset class.
- Bitcoin, by design, is a finite asset, with both a unique supply and a unique demand dimension, and as its network increases, bitcoin’s value and durability could increase even faster.
- Seen as a form of “digital gold,” bitcoin may act as a stable store of value and potentially offer protection against inflation—and even hyperinflation.
- Bitcoin, however, faces risks from volatility, competitors, substitutes, regulation, and other factors; further, bitcoin may not be an appropriate or prudent diversifier for all portfolios.
- In my view, some investors may wish to consider bitcoin, alongside other alternatives, as one component of the bond side of a 60/40 stock/bond portfolio
This one sports a more traditional approach. Very interesting on a the proposition in adding Bitcoin to a financial portfolio.
That is the most common strategy between traditional wealth and asset managers. Now that everyone's talking bitcoin they are suggesting a tiny exposure to counterbalance stocks, bonds and other traditional assets. Usually they propose between 1-5% btc exposure. Which is not bad on a multi-million portfolio.