RATE Group | Here’s the right amount of cryptocurrency to keep in a portfolio
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Here’s the right amount of cryptocurrency to keep in a portfolio

Here’s the right amount of cryptocurrency to keep in a portfolio

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If you can’t beat the crypto crowd, it might be time to join them, experts say.

Virtual currency and its underlying technology, blockchain, are here to stay – and that means both will play some role in investors’ lives.

“It’s actually very hard to decouple blockchain and bitcoin,” said Sunayna Tuteja, head of digital assets and distributed ledger technology (DLT) at TD Ameritrade.

She spoke at the TD Ameritrade LINC conference in Orlando, Florida, on Wednesday.

“On the one end, how do we commercialize the value of DLT and blockchain to bring more innovation to traditional markets?” Tuteja asked. “On the other end of the spectrum: How do you tap into this nascent asset class?”

Cryptocurrency – at least bitcoin – has staying power. “Because there’s a fixed number of bitcoin, it’s inflation-proof and it’s virtually instantaneous,” said conference speaker Ric Edelman, founder of Edelman Financial Engines.

Even investors in retirement plans are dipping…

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