Brazilian Investors' Bitcoin Advice: 3% of the Portfolio

Brazil's Largest Asset Management Company Warns Netflix Investors

Itaú Asset Management has suggested that Brazilian investors allocate 1-3% of their portfolios to Bitcoin. This recommendation comes in light of Bitcoin's low correlation with traditional assets.

The company describes this approach as a cautious strategy. It states that a small and regular exposure to Bitcoin can significantly contribute to investment portfolios as a complementary asset.

In its year-end analyst note, Itaú Asset Management warned that a disciplined and long-term investment mindset is necessary. It highlighted the risks of market timing. It emphasized that a small allocation to Bitcoin could provide an opportunity to benefit from global returns.