Bitcoin Surges, Investors Caution
This is a news story, published by CNBC, that relates primarily to Bitcoin news.
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Bitcoin pricesCNBC
•Bitcoin soared in 2024. How much — if any — should you own?
87% Informative
Bitcoin was the top-performing asset class in 2024 , rising about 125% .
By comparison, the S&P 500 grew 23% .
Experts say investors should only own a small share of crypto due to its volatility.
Some think crypto doesn't have a place in investment portfolios.
Investors generally hold about 5% of their classic 80/20 or 60/40 portfolio in crypto.
Morningstar suggests holding cryptocurrency for at least 10 years .
Investors who want to buy into crypto should consider using a dollar-cost-averaging strategy, expert says.
"It's not for everyone and it will remain volatile," Boneparth says.
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