Fidelity Report Says Portfolios Should Consider 5% Bitcoin Allocation

[StealthCoin1]

https://www.coindesk.com/fidelity-report-says-portfolios-should-consider-5-bitcoin-allocation

Fidelity Investment have like 1 or 2 trillions dollars portfolios? So 5% is like 50 or 100 billions dollars? That's a lot!

[semobo]

They just advised to for the investors to hold atleast 5% of bitcoin into their portfolios, yes if everyone hears it means the value will be increasing a lot but still 5% id too less amount for the crypto enthusiasts, I expect the value to rise upto 50% in the next 5 to 10 years.

[StealthCoin1]

Hey if 50% that could mean it's worth trillion or trillions pump into Bitcoin/crypto! I know Fidelity Investment have very large portfolios, just don't know how many trillion or trillions.

[xZork]

I can't figure out 5% exactly how much, but it sure is a lot of money.
If 5% of the Fidelity Investment portfolio was invested in bitcoin and the cryptocurrency market it would certainly change the crypto market and people would be crazier than 2017.
Perhaps we will quickly see bitcoin reach $ 20,000 or $ 50,000.

[Mighty_crypt]

This is a good advice, 5% per investor is not a bad advice and as little as it seem it's a big investment that will have big impact on bitcoin, imagine if everyone start holding their 5% worth of Bitcoin? 20,000 $ and higher is possible, I have a feeling that this is the perfect time to start considering HODL

[jossiel]

Will the investors going to listen to them?

I can't figure out 5% exactly how much, but it sure is a lot of money.
If 5% of the Fidelity Investment portfolio was invested in bitcoin and the cryptocurrency market it would certainly change the crypto market and people would be crazier than 2017.
Perhaps we will quickly see bitcoin reach $ 20,000 or $ 50,000.

It's all speculative, nobody knows the actual amount that they have. I've seen a thread that says that they've got $2.45-T in 2017 but for 2020, it's unknown.

Just get the numbers and calculate how much 5% would be.

[Sy]

https://www.coindesk.com/fidelity-report-says-portfolios-should-consider-5-bitcoin-allocation

Fidelity Investment have like 1 or 2 trillions dollars portfolios? So 5% is like 50 or 100 billions dollars? That's a lot!

Yes, it's a lot for us but, I don't think for them it will be lol. Fidelity was one of the first institutional investment firms that created a separate branch for digital assets so I think they definitely have huge investments in digital assets.

[puremage111]

They just advised to for the investors to hold atleast 5% of bitcoin into their portfolios, yes if everyone hears it means the value will be increasing a lot but still 5% id too less amount for the crypto enthusiasts, I expect the value to rise upto 50% in the next 5 to 10 years.

I agree, i think they meant all type of investor (Not include them maybe?) But yeah, Fidelity is kinda positive with Bitcoin in the long run
Furthermore, i strongly agree that we should have Bitcoin in our portfolio is because i have literally 0% bitcoin in my crypto portfolio lol
I only holds Alts When Bitcoin are moving, i gain no exposure to it :/

[Coyster]

I think you guys should revisit op's link, the headline seems to have been corrected/changed:

CORRECTION (Oct. 14, 2020, 04:25 UTC): This article originally said Fidelity recommended that portfolios consider a 5% allocation in bitcoin. The language used was a hypothetical. CoinDesk regrets the error.

This is fidelity report's actual message:

Fidelity Digital Assets said bitcoin’s market cap has plenty of room to grow in a Tuesday report on the benchmark cryptocurrency’s uncorrelated nature.

That being said, The Bitcoin network even based on it's market cap is growing, this year alone Bitcoin has been adopted by big companies such as MicroStrategy, Grayscale etc, and due to the pandemic and how institutional fiat currencies and their economy lost value leading to inflation, more people have bought Bitcoin as a hedge against this devaluation. I agree with the article that Bitcoin has room to grow, and it is doing just that, despite that the mainstream media isn't doing Btc any favors with how they link it closely with scam. Imo when btc 'rallies' above it's ath, and the economy/fiat is still struggling due to covid-19, the btc network will grow much more, even towards mass adoption.

[semobo]

I think you guys should revisit op's link, the headline seems to have been corrected/changed:

CORRECTION (Oct. 14, 2020, 04:25 UTC): This article originally said Fidelity recommended that portfolios consider a 5% allocation in bitcoin. The language used was a hypothetical. CoinDesk regrets the error.

This is fidelity report's actual message:

Fidelity Digital Assets said bitcoin’s market cap has plenty of room to grow in a Tuesday report on the benchmark cryptocurrency’s uncorrelated nature.

That being said, The Bitcoin network even based on it's market cap is growing, this year alone Bitcoin has been adopted by big companies such as MicroStrategy, Grayscale etc, and due to the pandemic and how institutional fiat currencies and their economy lost value leading to inflation, more people have bought Bitcoin as a hedge against this devaluation. I agree with the article that Bitcoin has room to grow, and it is doing just that, despite that the mainstream media isn't doing Btc any favors with how they link it closely with scam. Imo when btc 'rallies' above it's ath, and the economy/fiat is still struggling due to covid-19, the btc network will grow much more, even towards mass adoption.

Still they said there is potential on the crypto market so don't forget to some of your money into cryptos for their investors but the percentage is the only error I guess.As I said it has plenty of room the 5% even look so small, it will be increased when more people enters into the market.

[didzi]

They just advised to for the investors to hold atleast 5% of bitcoin into their portfolios, yes if everyone hears it means the value will be increasing a lot but still 5% id too less amount for the crypto enthusiasts, I expect the value to rise upto 50% in the next 5 to 10 years.

i think this is a good news mate
anyway if bitcoin give a good return on their investments
its very possible if in the next couple of years they will increase the alocation on bitcoin investments not only 5%

[bitmover]

https://www.coindesk.com/fidelity-report-says-portfolios-should-consider-5-bitcoin-allocation

Fidelity Investment have like 1 or 2 trillions dollars portfolios? So 5% is like 50 or 100 billions dollars? That's a lot!

I believe 5% is a lot for a newcomer.

Simeone may start with 3%, and as bitcoin price goes up it will increase the overall bitcoin % in the portfolio.


Probably fidelity bought at lower prices and it is now 5%, but initially it could be much less like 1-2%
Anyway,  I have a good % so bitcoin . Trying to increase

[gunungkembar]

They just advised to for the investors to hold atleast 5% of bitcoin into their portfolios, yes if everyone hears it means the value will be increasing a lot but still 5% id too less amount for the crypto enthusiasts, I expect the value to rise upto 50% in the next 5 to 10 years.

well that is a very good choice and I will also think like that when I have a very large allocation of bitcoin and see the history of bitcoin price movements from the very beginning of the creation of bitcoin which only has a price of less than $50 and currently the price can reach more than $15k this means it has a lot of potential so saving it for more than 10 years is a smart choice.

[pixie85]

That's true especially if you're only holding safe assets like big companies and gold. In that case it's very smart to have kind of volatile hedge against that investment that might explode into 10x gains over the next few years.

If your whole portfolio consists of volatile all or nothing investments like startups you might not see your chance in Bitcoin. But maybe your gambling side will want to give it a go

[kindbtc]

With such news and developments, especially big funds and companies now investing millions in bitcoins, it seems like time is ripe for the market to go parabolic so hopefully bitcoin will be ready for its moon journey anytime soon now. I hope all market will move at a time which will be indication of maturity and more volume and liquidity in the market.

[kingzpro]

This is easily a buy signal and it also shows the fact that every invedtment firm is now keen to adopt, invest and hold crypto, they were skeptical like 2-3 years ago but now they seem clear and that is why they are openly and publically speaking about it now.

[bttmember]

https://www.coindesk.com/fidelity-report-says-portfolios-should-consider-5-bitcoin-allocation

Fidelity Investment have like 1 or 2 trillions dollars portfolios? So 5% is like 50 or 100 billions dollars? That's a lot!

If this is there research report or analysis then it is totally fine but if they have made investment into bitcoin and now posting such things then it is nothing but shilling.
We all know how these big guys can manipulate market in their wanted direction so smaller guys need to be careful, yes market outlook is also bullish but still i think we should not follow such news.

[shinratensei_]

https://www.coindesk.com/fidelity-report-says-portfolios-should-consider-5-bitcoin-allocation

Fidelity Investment have like 1 or 2 trillions dollars portfolios? So 5% is like 50 or 100 billions dollars? That's a lot!

It looks like fidelity was also considering it caused by its own survey as so many people have invested their money into the cryptocurrency.

Is not it should be around 400 billions as the total customer's asset in that was holding by fidelity was around 8 trillion dollars?

If that will be a real thing and i can't imagine how it will give an impact on the bitcoin. That's very huge money to come in.  

[Coyster]

Still they said there is potential on the crypto market so don't forget to some of your money into cryptos for their investors but the percentage is the only error I guess.As I said it has plenty of room the 5% even look so small, it will be increased when more people enters into the market.

Of course the Bitcoin network has potential, but users should decide for themselves how many % of their funds they want to put into the BTC network, 5% may be too much for some, but for some companies that have adopted the network, it may be quite small. But mind you that the Bitcoin network is a speculative market and notwithstanding that it can be a hedge when institutional currencies plunge, users should still abide with the rule of thumb of investing what they can afford to lose

We all know how these big guys can manipulate market in their wanted direction so smaller guys need to be careful, yes market outlook is also bullish but still i think we should not follow such news.

I don't think this has anything to do with any sort of manipulation, and if users don't fall for FUD, then no matter how whales manipulate the market, it doesn't affect their asset, that being said, this year big companies are now seeing more potential in BTC, maybe it's cause of how the economy and fiat reacted badly to covid-19, it helped BTC adoption a lot to say the least.

[Iyeman]

Whatever it takes to make crypto legit in the eyes of many people and it's a good thing. Crypto has long been used as a form of investment and it's about time for people to figure this out instead of wasting time on those stocks that has the same risk as crypto but way less profit lol. Diversifying portfolio to crypto is kinda normal at this point as long as you don't put all your money in the same basket it won't go anywhere.