Looking to Diversify Your Portfolio? Here's 1 Cryptocurrency You Should Consider.
In addition to its upside potential, Bitcoin offers a surprising amount of diversification.
Overview
A well-diversified portfolio can include more than just stocks and bonds. Thanks to the ubiquity of exchange-traded funds (ETFs), it's now remarkably easy to add just about any asset class to your portfolio mix, and that includes cryptocurrency.
When investors talk about adding cryptocurrency to their portfolio, they're really talking about adding Bitcoin (CRYPTO: BTC). That's because Bitcoin accounts for a whopping 60% of the total value of the crypto market. There are now nearly a dozen spot Bitcoin ETFs available for trading, so adding Bitcoin to a portfolio mix is usually just a click away.
Details
Most investors recognize Bitcoin for its extraordinary upside potential. After all, it has grown exponentially in price. A decade ago, a single Bitcoin cost $575. Today, that same Bitcoin is worth $64,000.
Source
Originally published at www.fool.com.