Bitcoin is More Than an Asset Allocation Decision

As a Financial Advisor who uses bitcoin, the most common question I receive is “what position size do you recommend?” Considering bitcoin as a mere position in an asset allocation portfolio, while it has its place, is incomplete.

Bitcoin is Money

Critics often say bitcoin is not a good store of value because it has 70-90% drawdowns in purchasing power over short periods of time. Short term performance, however, is not a good indicator whether an asset will be a long-term store of value.