Japanese pension fund plans allocating 1% into crypto

[TinkerWatson]

The Japanese government is becoming crazy, which is a good start

[LGD2Business]

I also think it makes a lot of sense for Japanese to invest in Bitcoin, but if they're going to buy other coins as well, they need to be very careful. Things might not go the way they want. I don't think there are many reliable altcoins on the market. Even the so-called best altcoins are forgotten 5 years later. Most of them just fade away. And the prices of the ones that survive are stuck at rock bottom. Investing in altcoins would be very risky for them, even if it's just 1% of their portfolio. Instead I think they'd be better off allocating their entire crypto investment to Bitcoin. I don't want to hear that the Japanese went bankrupt because of Ethereum.

[uchegod-21]

It is a good thing that institutions and governments are beginning to consider crypto in their pension plans. But even at that, I am still concerned about how they will achieve success with this without the pension fund losing its value during the period the money will be held in crypto. Pension funds are supposed to preserve their value over a long period of time. That is why they must not get carried away by the hype altcoins get and make the mistake of investing in them.

I believe in doing things right. If they are not going to concentrate only on Bitcoin, then we shouldn't get excited just yet because the news might later change to something we may all not like. I just hope they do their research well and do the right thing.