How Much Should You Actually Invest In Bitcoin?
Are you looking forward to invest and trade in Bitcoin? Well, there is no dearth of Bitcoin exchanges today where you can trade the coin. You also have scores of great Bitcoin trading apps like Bitcoin Profit that promise 99.4% accuracy. But, a great trading experience starts with a smart investment portfolio. So, every beginner BTC investor has this one common question in mind- “how much do we actually need to invest in Bitcoin?”. Well, technically, you should only invest a certain amount that you can afford to lose. But, then, that’s not a very specific answer.
New investors need to know how much percentage of their capital they should invest in Bitcoin in their initial period. The post below offers a brief on what the crypto market experts have to say about it.
The former senior executive of Facebook is also one of the most renowned venture capitalists and crypto experts. He has stressed time and time again that everybody must allot minimum 1 percent of investment fund into BTC. According to him, since BTC isn’t co-related with conventional asset classes, it might act as a good “hedge” against autocratic regimes as well as corrosive banking infrastructure.
The erstwhile partner at the esteemed Goldman Sachs, Novogratz is a revered Bitcoin bull. He too echoes Palihapitiya’s notion about the necessity to invest in Bitcoin today. In one of his latest interviews, he emphasized that it’s “essential” for all investors to allot minimum 1-2 percent of investment portfolio into Bitcoin and other cryptocurrencies.
One of the most celebrated advocates of Bitcoin, Lee has all the great words to say about the coin. He had recently claimed that Bitcoin might surpass its ATH in 2017 the coming year. He has also noted that a 2% investment is a must in Bitcoin and it will reward you with up to 8% returns.