Bitcoin Becomes a Standard Portfolio Allocation
The CEO of Calamos Investments has weighed in on Bitcoin's growing adoption, stating that most portfolios are now allocating to it. Moomoo believes that having a certain allocation to Bitcoin is becoming standard practice.
'It's not about whether you're in Bitcoin,' Moomoo emphasized. 'It's how much are you allocated?'
Moomoo also noted that investing in Bitcoin should be viewed as a long-term hold rather than something to constantly monitor. 'Don't watch it every day,' they cautioned.