Nationwide Investment Research Director Mark Hackett stated that Bitcoin and gold help diversify traditional investment portfolios. Additionally, these two assets can help hedge against dollar depreciation. Mark Hackett explained, "Investors concerned about stock valuations, fiscal debt, and interest rate pressures may benefit from gold positions, but as gold approaches historical highs, exposure to that asset should be moderate." On the other hand, Bitcoin's returns are impressive, primarily fluctuating in sync with the stock market, especially technology stocks. Mark Hackett noted, "Investors with a higher risk tolerance and a longer time horizon can benefit from exposure." (Morningstar)