BlackRock: Bitcoin is still a great helper for portfolio diversification! 🚀

Recently, Bitcoin and stocks have risen together, causing many people to wonder: Can Bitcoin still be a tool for portfolio diversification? BlackRock gives a resounding answer! According to CNBC, BlackRock believes that despite Bitcoin’s recent rally alongside stocks, it will still serve as a good portfolio diversification tool.

So why does BlackRock see it this way? First, Bitcoin's price is more volatile, which means investors can earn higher returns in the short term. Additionally, Bitcoin has low correlation with other assets, which helps diversify a portfolio’s risk. Especially in the current situation of high global economic uncertainty, Bitcoin can be used as a hedging tool to help investors avoid some risks.

Of course, investing in Bitcoin is not without risks. Bitcoin prices are highly volatile, which means investors may sustain larger losses in the short term. Therefore, when investing in Bitcoin, investors need to fully understand its risks and do a good job in risk management.

Overall, while Bitcoin has risen alongside stocks recently, this does not affect its value as a portfolio diversification tool. Investors can appropriately allocate Bitcoin according to their risk tolerance to diversify their investment portfolio.

So, what do you think of Bitcoin as a portfolio diversification tool? Welcome to share your views in the comment area, and let’s discuss the investment value of Bitcoin together!