Key Points
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According to Charles Schwab, even a tiny 1% allocation to crypto can dramatically impact overall portfolio performance.
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Cryptocurrencies such as Bitcoin have the potential to lose 50% or more of their value within a very short period of time.
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While there is no “correct” crypto allocation, most interested investors should target a range between 1% and 5%.
When it comes to investing in crypto, most investors focus on a single factor: future return. They want to know how high a crypto can go, and how soon. They might be willing to invest in highly speculative cryptocurrencies, as long as they have the potential to skyrocket in value.
But as Charles Schwab(NYSE: SCHW) — which offers crypto investing to clients and is getting ready to…
