The Street: Should You Add Bitcoin to Your Investment Portfolio? Experts Disagree

Read the full article by Annie Palmer here The Street

In this article Jack Tatar, a member of the 3iQ the Independent Advisory Committee, is quoted “I really believe that financial advisers should not be afraid of bitcoin being put into a portfolio,” said Jack Tatar, a cryptocurrency advisor, author and angel investor. “I think the approach that people should take is that if you become educated about it and understand the risks, then I would say get into it.”

“Tatar added that he believes between 5% and 10% of a portfolio should be allocated to alternative assets.”

“The fact that [bitcoin is] going on the futures exchange, this will now allow people to really take a look at how bitcoin performs,” Tatar said. “Ultimately it will strengthen the case for bitcoin as a new asset class. This is going to show people how robust and how sturdy this asset class is.”

The article also states that “Bitcoin can be used as a diversification tool, but the risks shouldn’t go unnoticed” and “Bitcoin is best treated as an alternative asset class, similar to real estate, private equity, derivatives or gold”

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Share This Story!

Subscribe to the North iQ Weekly Newsletter and What Happened in Bitcoin & Ether? reports and stay updated on 3iQ’s news, announcements and developments in 2022.

Subscribe to the Monthly Fund Updates for all of 3iQ’s fund performance profiles.

Subscribe to Research papers and Blogs for recaps and insights on digital asset industry developments, and bitcoin & ether performance analysis.

Fred Pye

Frederick T. Pye

CHAIRMAN, CHIEF EXECUTIVE OFFICER & DIRECTOR

Frederick T. Pye is the Chairman, Chief Executive Officer and Director of 3iQ Corp. He is also the Chairman and Director of 3iQ Digital Holdings Inc. Mr. Pye is recognized for creating and promoting creative and unique investment products for the investment industry.

Mr. Pye has managed private client portfolios with Landry Investment Management and various other investment dealers. Prior to this Mr. Pye was Founder, President & Chief Executive Officer of Argentum Management and Research Corporation, a company dedicated to managing and distributing quantitative investment portfolios including the first long-short mutual fund in Canada.

He was also Senior Vice-President and National Sales Manager of Fidelity Investments Canada and an integral part of the team that saw assets rise from $80 million to over $7.5 billion in assets under management during his tenure. He also held various positions with Guardian Trust Company, which listed the first Gold, Silver and Platinum Certificates on the Montreal Exchange.

Mr. Pye obtained a Masters in Business Administration from Concordia University.