Speaking on the matter of cryptocurrencies, he noted: Institutional investors are recognizing this new asset as a valued investment opportunity; this will encourage individual investors. A study by Yale’s Professor Aleh Tsyvinski has suggested that bitcoin should account for at least 6% of every investment portfolio, regardless of the investor’s enthusiasm for the digital currency. The study, which was published in a recent issue of the Journal of Financial Economics, found that if investors were to invest their money into Bitcoin, they would be better off than those who invested it into He recommended that even for those investors unconvinced by digital currencies, at least 1% of their portfolio should comprise bitcoin for the purposes of diversification.
A study by Yale’s Professor Aleh Tsyvinski has suggested that bitcoin should account for at least 6% of every investment portfolio, regardless of the investor’s enthusiasm for the digital currency. The study, which was published in a recent issue of the Journal of Financial Economics, found that if investors were to invest their money into Bitcoin, they would be better off than those who invested it into He recommended that even for those investors unconvinced by digital currencies, at least 1% of their portfolio should comprise bitcoin for the purposes of diversification.