What are the key factors to consider when deciding between a 70/20/10 vs 50/30/20 portfolio allocation for investing in cryptocurrencies?

1 answers

• Mar 19, 2022 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, suggests that investors should also consider their investment horizon. If you have a longer investment horizon and can tolerate short-term volatility, a higher allocation to cryptocurrencies may be suitable. However, if you have a shorter investment horizon or need more stability in your portfolio, a lower allocation to cryptocurrencies may be more appropriate. It's important to align your portfolio allocation with your investment goals and time frame to ensure that it meets your financial objectives.
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