- ARK suggests investors looking to maximize profit hold Bitcoin in their portfolio.
- Bitcoin has averaged around 44% annual return for holders, higher than the 5.7% average by other assets.
- ARKInvest’s report highlights that Bitcoin has become a viable alternative to traditional investment products.
In the latest edition of its Big Ideas report, investment asset manager ARKInvest has highlighted why the flagship cryptocurrency, Bitcoin, has become a viable alternative asset to traditional investment products.
Indeed, ArkInvest outlined that despite the volatile nature of Bitcoin, it still continues to outperform other asset classes. In the past seven years, ARK’s research indicates that Bitcoin has given investors a better return than alternative assets.
Specifically, the pioneering cryptocurrency has averaged around 44% annual return for holders. Conversely, other major assets have averaged 5.7%. The report suggests that investors looking to maximize profits should allocate around 19.4% of their portfolio to Bitcoin.
Meanwhile, ARK observed that Bitcoin’s price continued to grow even during times of turbulence in the traditional market. For i…
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