But Do You Really Need Bitcoin in Your Portfolio?
We might very well be sitting here in 2050 with Bitcoin (CRYPTO: BTC) as the world's predominant currency, all the naysayers having been silenced decades earlier. But we don't hear enough about the other future for Bitcoin, which involves a dark, cold, never-ending crypto winter.
Bitcoin's potential has been well documented. But do you really need it in your portfolio? Here, we'll go over some of the considerations you might ponder before adding it to your list of investments.
The delicate issue for some (and perhaps rightly so) is Bitcoin being deemed an investment. It doesn't have many of the hallmarks you look for in an investment: It reflects no underlying business, pays no dividend, and doesn't have much in the way of fundamental value.
Source Fool.com
