08 Aug New Yale Study: Every Portfolio Should Include 6% Bitcoin (At Least)
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A new research paper published by an Economics Professor at Yale University recommends a portfolio with at least 6% in Bitcoin.
Adding Bitcoin to Your Investment Portfolio
According to Professor Aleh Tsyvinski, Bitcoin should be an imperative part of your portfolio, regardless of whether you are enthusiastic about the cryptocurrency or not.
For an optimal construction of one’s portfolio, the economist holds that Bitcoin should account for at least 6 percent of it. Those who are less enthusiastic about the world’s most popular cryptocurrency should hold 4 percent of it.
In any case, though, regardless of your position on the matter, Bitcoin should comprise a minimum of 1 percent of your portfolio just for diversification purposes.
The study seems to fall in line with the observations of another scholar – Professor Dragan Boscovic from the Arizona State University. Speaking on the matter of cryptocurrencies, he noted:
Institutional investors are recognizing this new asset as a…
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