Bitcoin Warning from Fidelity: Everyone Should Have It!

Matt Horne, head of digital asset strategies at Fidelity, which has $11.5 trillion in assets under management, said everyone should have at least some Bitcoin investment.

Matt Horne on CNBC on June 4 covered Bitcoin. Emphasizing that every investor should buy Bitcoin, even a small amount, the experienced name also reminded that cryptocurrencies should be understood before making this investment:

So you need to understand why you might want to have this, understand the potential of this technology, and then position yourself accordingly.

Bitcoin won't sink you, but it can save you

The strategist continued in his statement, saying that a small allocation, usually between 1-5%, would not cause a large loss and would not destroy their portfolio, even if Bitcoin fell to zero.

In contrast, he noted that Bitcoin can provide significant protection against inflation and create serious opportunities, at least in the long term.

Fidelity, which offers the Spot Bitcoin ETF, was among the companies that managed to collect the largest investment in this field.

According to CoinGecko data, Bitcoin, which has increased by 3% in the last 24 hours, is traded at $ 70,800 at the time of writing.