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Early Bitcoin Investor Has Some Advice On How Much Money to Hold in Bitcoin
- Union Square’s Fred Wilson recommends exercising caution
- Allocations range from 10 percent to nothing for risk averse
Why Investors Are Piling Into Bitcoin
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As bitcoin approaches yet another record, Union Square Ventures LLC’s Fred Wilson says investors should be careful how much of their portfolios are allocated to digital currencies.
Wilson, who first invested in the sector in 2013, wants to set the record straight on exactly what percentage of someone’s investments should be tied to things like bitcoin.