Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Blackrock's study recommends a 85% BTC allocation in a portfolio...
many WOers are at least 85% in. Imagine John Doe followed... (if global investors allocated only 1% in Bitcoin, we would cross 1m easily)
https://bitcoinist.com/blackrock-study-optimal-bitcoin-allocation/
many WOers are at least 85% in. Imagine John Doe followed... (if global investors allocated only 1% in Bitcoin, we would cross 1m easily)
https://bitcoinist.com/blackrock-study-optimal-bitcoin-allocation/
Yep and the older guys I know all have 2-5% BTC. But they have BTC.
The question is how much will they shift. To go up to 10%-15% is likely all they will do. They will not go to 85-15 as blackrock asks them to as they do not need to.
So they have a ton of wealth with not much need to shift to btc. But they are shifting a bit.
Should be fun to see this unfold.
Their 5% could easily become 30-33%% with bitcoin going up 10X and 10% would become about 50%.