RE: "Every portfolio should have a 4% allocation to Bitcoin (at least)"

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"Every portfolio should have a 4% allocation to Bitcoin (at least)"

in bitcoin •  6 years ago 

Pretty much the same case here. Currently, cryptocurrencies are the only type of investments I'm involved in. I agree, traditional stocks involve too much bureaucracy, and generally need to act through some broker, who may probably not be working in my best interests.

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Not investing in stocks (though usually done through a fund as opposed to stock picking) has been a huge mistake by people for the last 100 years. That may change going forward, but they still make a lot of sense in retirement portfolios.