Brazil's largest private asset management company recommends that investors allocate 1% to 3% of their portfolios to Bitcoin.

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According to Foresight News , Itáu Asset Management, Brazil's largest private asset management company, recommended in its year-end report that investors allocate 1% to 3% of their portfolios to Bitcoin. Renato Eid, Head of Beta Strategy and Responsible Investment at Itáu Asset Management, stated that using cryptocurrencies as a supplementary asset can help absorb the impact of currency devaluation and global volatility.

Renato Eid also stated that investing in cryptocurrencies requires moderation and discipline: set a target (e.g., 1% to 3% of your total portfolio), maintain a long-term perspective, and resist the temptation to react to short-term noise.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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