How can physical metal be used to diversify a cryptocurrency portfolio?

1 answers

• Dec 28, 2021 · 3 years ago
  At BYDFi, we believe that physical metal can be a valuable addition to a cryptocurrency portfolio. By diversifying with physical metal, investors can reduce their exposure to the volatility of the digital asset market and potentially increase the overall stability of their portfolio. Physical metal, such as gold or silver, has a long history of being a reliable store of value and can act as a hedge against inflation. However, it's important to carefully consider the costs and logistics of owning physical metal, as well as the potential impact on liquidity. As with any investment decision, it's crucial to conduct thorough research and seek professional advice before incorporating physical metal into a cryptocurrency portfolio.
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