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Crypto is ‘like cayenne pepper’ for investors, money manager says: 'A little goes a long way' - TL;DR CNBC

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

Tickers: BTC.CM=.VIX

Keywords: business newsbitcoincboe volatility indexinvestment strategybitcoin/usd coin metricsbreaking news: investingpersonal finance

Source: https://www.cnbc.com/2024/03/27/crypto-is-like-cayenne-pepper-expert-says-a-little-goes-a-long-way.html


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