(Part 3) Implementing Bitcoin into the Permanent Portfolio [hy6Yau0AC8N]
( To see part 4: )
( To see the update about Gold and why I raise my exposure in my Variable Portfolio: )
Strong counterarguments against implementing bitcoin into the permanent portfolio for 20%
1. Priority of PP is safety. 5% bitcoin is sufficient to achieve safety. Symmetry is of less importance than safety.
2. Market cap of other assets is much bigger than bitcoin. Bitcoin should first prove that it is important via market cap, before it can get an important allocation in the PP. #inj crypto #bitcoin mine