|
March 20, 2013, 04:59:54 PM |
|
what I think is great about the bitcoin is that it has low correlation with the market. (I believe its around 0 or maybe even a bit negative) this type of commodities are rare (gold, silver) and are being looked for by the financial institutions
It is a matter of time that funds will find out the low correlation and add it to their portfolio. although for this the bitcoin needs to be a less volatile and at a later stage of life, but when this will happen the bitcoin will actually make a strong print in our economy.
in the meanwhile, adding a small amount of bitcoin to your portfolio will allow you to see better returns at lower risk
|