Topic: Fidelity Report Says Portfolios Should Consider 5% Bitcoin Allocation - page 2. (Read 305 times)
October 14, 2020, 03:00:07 PM
With such news and developments, especially big funds and companies now investing millions in bitcoins, it seems like time is ripe for the market to go parabolic so hopefully bitcoin will be ready for its moon journey anytime soon now. I hope all market will move at a time which will be indication of maturity and more volume and liquidity in the market.
October 14, 2020, 02:57:11 PM
That's true especially if you're only holding safe assets like big companies and gold. In that case it's very smart to have kind of volatile hedge against that investment that might explode into 10x gains over the next few years.
If your whole portfolio consists of volatile all or nothing investments like startups you might not see your chance in Bitcoin. But maybe your gambling side will want to give it a go
If your whole portfolio consists of volatile all or nothing investments like startups you might not see your chance in Bitcoin. But maybe your gambling side will want to give it a go
October 14, 2020, 02:39:44 PM
They just advised to for the investors to hold atleast 5% of bitcoin into their portfolios, yes if everyone hears it means the value will be increasing a lot but still 5% id too less amount for the crypto enthusiasts, I expect the value to rise upto 50% in the next 5 to 10 years. 
well that is a very good choice and I will also think like that when I have a very large allocation of bitcoin and see the history of bitcoin price movements from the very beginning of the creation of bitcoin which only has a price of less than $50 and currently the price can reach more than $15k this means it has a lot of potential so saving it for more than 10 years is a smart choice. 
October 14, 2020, 02:29:10 PM
https://www.coindesk.com/fidelity-report-says-portfolios-should-consider-5-bitcoin-allocation
Fidelity Investment have like 1 or 2 trillions dollars portfolios? So 5% is like 50 or 100 billions dollars? That's a lot!
Fidelity Investment have like 1 or 2 trillions dollars portfolios? So 5% is like 50 or 100 billions dollars? That's a lot!
I believe 5% is a lot for a newcomer.
Simeone may start with 3%, and as bitcoin price goes up it will increase the overall bitcoin % in the portfolio.
Probably fidelity bought at lower prices and it is now 5%, but initially it could be much less like 1-2%
Anyway, I have a good % so bitcoin . Trying to increase
October 14, 2020, 02:18:06 PM
They just advised to for the investors to hold atleast 5% of bitcoin into their portfolios, yes if everyone hears it means the value will be increasing a lot but still 5% id too less amount for the crypto enthusiasts, I expect the value to rise upto 50% in the next 5 to 10 years.
i think this is a good news mate
anyway if bitcoin give a good return on their investments
its very possible if in the next couple of years they will increase the alocation on bitcoin investments not only 5%
October 14, 2020, 01:51:23 PM
I think you guys should revisit op's link, the headline seems to have been corrected/changed:
That being said, The Bitcoin network even based on it's market cap is growing, this year alone Bitcoin has been adopted by big companies such as MicroStrategy, Grayscale etc, and due to the pandemic and how institutional fiat currencies and their economy lost value leading to inflation, more people have bought Bitcoin as a hedge against this devaluation. I agree with the article that Bitcoin has room to grow, and it is doing just that, despite that the mainstream media isn't doing Btc any favors with how they link it closely with scam. Imo when btc 'rallies' above it's ath, and the economy/fiat is still struggling due to covid-19, the btc network will grow much more, even towards mass adoption.
Still they said there is potential on the crypto market so don't forget to some of your money into cryptos for their investors but the percentage is the only error I guess.As I said it has plenty of room the 5% even look so small, it will be increased when more people enters into the market. Quote
CORRECTION (Oct. 14, 2020, 04:25 UTC): This article originally said Fidelity recommended that portfolios consider a 5% allocation in bitcoin. The language used was a hypothetical. CoinDesk regrets the error.
This is fidelity report's actual message:Quote
Fidelity Digital Assets said bitcoin’s market cap has plenty of room to grow in a Tuesday report on the benchmark cryptocurrency’s uncorrelated nature.
That being said, The Bitcoin network even based on it's market cap is growing, this year alone Bitcoin has been adopted by big companies such as MicroStrategy, Grayscale etc, and due to the pandemic and how institutional fiat currencies and their economy lost value leading to inflation, more people have bought Bitcoin as a hedge against this devaluation. I agree with the article that Bitcoin has room to grow, and it is doing just that, despite that the mainstream media isn't doing Btc any favors with how they link it closely with scam. Imo when btc 'rallies' above it's ath, and the economy/fiat is still struggling due to covid-19, the btc network will grow much more, even towards mass adoption.
October 14, 2020, 02:44:06 AM
I think you guys should revisit op's link, the headline seems to have been corrected/changed:
That being said, The Bitcoin network even based on it's market cap is growing, this year alone Bitcoin has been adopted by big companies such as MicroStrategy, Grayscale etc, and due to the pandemic and how institutional fiat currencies and their economy lost value leading to inflation, more people have bought Bitcoin as a hedge against this devaluation. I agree with the article that Bitcoin has room to grow, and it is doing just that, despite that the mainstream media isn't doing Btc any favors with how they link it closely with scam. Imo when btc 'rallies' above it's ath, and the economy/fiat is still struggling due to covid-19, the btc network will grow much more, even towards mass adoption.
Quote
CORRECTION (Oct. 14, 2020, 04:25 UTC): This article originally said Fidelity recommended that portfolios consider a 5% allocation in bitcoin. The language used was a hypothetical. CoinDesk regrets the error.
This is fidelity report's actual message:Quote
Fidelity Digital Assets said bitcoin’s market cap has plenty of room to grow in a Tuesday report on the benchmark cryptocurrency’s uncorrelated nature.
That being said, The Bitcoin network even based on it's market cap is growing, this year alone Bitcoin has been adopted by big companies such as MicroStrategy, Grayscale etc, and due to the pandemic and how institutional fiat currencies and their economy lost value leading to inflation, more people have bought Bitcoin as a hedge against this devaluation. I agree with the article that Bitcoin has room to grow, and it is doing just that, despite that the mainstream media isn't doing Btc any favors with how they link it closely with scam. Imo when btc 'rallies' above it's ath, and the economy/fiat is still struggling due to covid-19, the btc network will grow much more, even towards mass adoption.
October 14, 2020, 02:43:52 AM
They just advised to for the investors to hold atleast 5% of bitcoin into their portfolios, yes if everyone hears it means the value will be increasing a lot but still 5% id too less amount for the crypto enthusiasts, I expect the value to rise upto 50% in the next 5 to 10 years.
I agree, i think they meant all type of investor (Not include them maybe?) But yeah, Fidelity is kinda positive with Bitcoin in the long run
Furthermore, i strongly agree that we should have Bitcoin in our portfolio is because i have literally 0% bitcoin in my crypto portfolio lol
I only holds Alts
When Bitcoin are moving, i gain no exposure to it :/ 
October 14, 2020, 02:32:35 AM
https://www.coindesk.com/fidelity-report-says-portfolios-should-consider-5-bitcoin-allocation
Fidelity Investment have like 1 or 2 trillions dollars portfolios? So 5% is like 50 or 100 billions dollars? That's a lot!
Fidelity Investment have like 1 or 2 trillions dollars portfolios? So 5% is like 50 or 100 billions dollars? That's a lot!
Yes, it's a lot for us but, I don't think for them it will be lol. Fidelity was one of the first institutional investment firms that created a separate branch for digital assets so I think they definitely have huge investments in digital assets.
October 14, 2020, 02:08:38 AM
Will the investors going to listen to them?
Just get the numbers and calculate how much 5% would be.
I can't figure out 5% exactly how much, but it sure is a lot of money.
If 5% of the Fidelity Investment portfolio was invested in bitcoin and the cryptocurrency market it would certainly change the crypto market and people would be crazier than 2017.
Perhaps we will quickly see bitcoin reach $ 20,000 or $ 50,000.
It's all speculative, nobody knows the actual amount that they have. I've seen a thread that says that they've got $2.45-T in 2017 but for 2020, it's unknown.If 5% of the Fidelity Investment portfolio was invested in bitcoin and the cryptocurrency market it would certainly change the crypto market and people would be crazier than 2017.
Perhaps we will quickly see bitcoin reach $ 20,000 or $ 50,000.
Just get the numbers and calculate how much 5% would be.
October 14, 2020, 01:46:14 AM
This is a good advice, 5% per investor is not a bad advice and as little as it seem it's a big investment that will have big impact on bitcoin, imagine if everyone start holding their 5% worth of Bitcoin? 20,000 $ and higher is possible, I have a feeling that this is the perfect time to start considering HODL
October 14, 2020, 01:21:33 AM
I can't figure out 5% exactly how much, but it sure is a lot of money.
If 5% of the Fidelity Investment portfolio was invested in bitcoin and the cryptocurrency market it would certainly change the crypto market and people would be crazier than 2017.
Perhaps we will quickly see bitcoin reach $ 20,000 or $ 50,000.
If 5% of the Fidelity Investment portfolio was invested in bitcoin and the cryptocurrency market it would certainly change the crypto market and people would be crazier than 2017.
Perhaps we will quickly see bitcoin reach $ 20,000 or $ 50,000.
October 14, 2020, 12:30:42 AM
Hey if 50% that could mean it's worth trillion or trillions pump into Bitcoin/crypto! I know Fidelity Investment have very large portfolios, just don't know how many trillion or trillions.
October 14, 2020, 12:24:05 AM
They just advised to for the investors to hold atleast 5% of bitcoin into their portfolios, yes if everyone hears it means the value will be increasing a lot but still 5% id too less amount for the crypto enthusiasts, I expect the value to rise upto 50% in the next 5 to 10 years.
October 14, 2020, 12:18:33 AM
https://www.coindesk.com/fidelity-report-says-portfolios-should-consider-5-bitcoin-allocation
Fidelity Investment have like 1 or 2 trillions dollars portfolios? So 5% is like 50 or 100 billions dollars? That's a lot!
Fidelity Investment have like 1 or 2 trillions dollars portfolios? So 5% is like 50 or 100 billions dollars? That's a lot!
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