Crypto is ‘like cayenne pepper’ for investors, money manager says: 'A little goes a long way'
Publishing timestamp: 2024-03-27 16:26:43
Summary
Allocating 2% to 3% of a portfolio to cryptocurrency like bitcoin is considered sufficient due to its high volatility. Investors should consider their risk tolerance and capacity before investing in crypto. Dollar-cost averaging and periodic rebalancing are recommended strategies for investing in crypto.
Sentiment: NEUTRAL
Keywords: business news, bitcoin, cboe volatility index, investment strategy, bitcoin/usd coin metrics, breaking news: investing, personal finance,