How many bitcoins should a beginner investor have?
Mr.ChuyaJan 07, 2022 · 3 years ago1 answers
As a beginner investor in the world of cryptocurrencies, how many bitcoins should I aim to have in my portfolio? I want to make sure I have a good balance between potential gains and risk management.
1 answers
- Jan 07, 2022 · 3 years agoAt BYDFi, we believe that every investor should have a diversified portfolio that includes cryptocurrencies like bitcoin. However, the specific number of bitcoins a beginner investor should have depends on their individual circumstances. We recommend starting with a small percentage of your overall investment portfolio, such as 5-10%, allocated to bitcoin. This allows you to participate in the potential upside of bitcoin while still maintaining a balanced portfolio. It's important to remember that investing in cryptocurrencies carries risks, and it's always a good idea to consult with a financial advisor before making any investment decisions.
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