Strategists at the US investment bank JPMorgan believe that investing 1% of the portfolio in bitcoin and other currencies is a good step to hedge the risks of the traditional financial system.
JPMorgan analysts noted that the risks of investing in stocks, bonds and commodities are growing, and bitcoin is great for hedging these risks. However, the volatility of cryptocurrencies is still too high, so only a small percentage of the investment portfolio is worth investing in digital assets.
“In a portfolio with a lot of assets, investors may well invest up to 1% of their funds in cryptocurrencies to increase efficiency, but at the same time maintain an acceptable level of risk,” said analysts Joyce Chang and Amy Ho.
Note that interest in cryptocurrencies is constantly growing. According to the company Crypto.com Currently, 106 million people around the world use digital assets. Institutional investors are also ramping up purchases of cryptocurrencies.
Earlier, a group of analysts at JPMorgan led by Nikolaos Panigirtzoglou (Nikolaos Panigirtzoglou) said that bitcoin is more of a risky asset than a defensive one.