2024-5-2 21:15 |
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A well-structured crypto portfolio allocation depends on an individual’s risk tolerance, investment goals, and market outlook. While there’s no “perfect” formula due to the volatile nature of cryptocurrencies, a diversified approach can help manage risk.
Investors diversifying their portfolio is an essential tactic that can shield them from big losses in the cryptocurrency space, due to so much volatility involved. Cryptocurrencies can be risky investments due to their unpredictable volatility and quick price changes.
This figure is expected to further balloon to 73% by the end of 2022, according to research from Accenture.
The study also concluded that temporary crypto market decline and volatility are not enough to diminish the importance of cryptocurrencies in investment portfolios.
New research by the world’s top crypto exchange, Binance, indicates that portfolios that include Bitcoin exhibited overall better risk-return profiles than traditional multi-asset class portfolios.
Bitcoin educator and entrepreneur, Jimmy Song, has posted on the benefits (or lack thereof) of a diverse cryptocurrency portfolio. He suggests a fresh argument as to why adding altcoins to a portfolio with Bitcoin makes little sense.