JPMorgan recommends investing part of your funds in bitcoin

Strategists at JPMorgan bank believe that investors can invest up to 1% of their capital in Bitcoin (BTC). So theywill reduce the risks of losses from fluctuations in the market for traditional assets such as stocks and commodities.

Such a low share of cryptocurrency is explained by the presence of risks of periodic exacerbation of BTC volatility, according to a note prepared by strategists Amy Ho and Joyce Chang.

They recalled that this week the value of bitcoin fell by 10%, but since the beginning of 2021 it has added 60%.

The analyst review notes:

«In a multi-asset portfolio, investorscan allocate up to 1% of their funds and direct them to cryptocurrency. This will improve efficiency for overall risk-adjusted returns [in traditional markets]».

JPMorgan's note comes amidgrowing interest in Bitcoin from institutional investors. It is already known that financiers such as Paul Tudor Jones and Stan Druckenmiller have already bought BTC.

MicroStrategy and Tesla have also invested in cryptocurrency.

JPMorgan strategists admit bitcoin canused as a hedging instrument, for example, against the US dollar and the Japanese yen. It can perform a similar function in relation to securities.

Where is it more profitable to buy bitcoin? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

#	Exchange:	Website:	Rating:
1	Binance (Editor's Choice)	https://binance.com	9.7
2	Bybit	https://bybit.com	7.5
3	OKEx	https://okex.com	7.1
4	Exmo	https://exmo.me	6.9
5	Huobi	https://huobi.com	6.5

The criteria by which the rating is set in our rating of crypto-exchanges:

• Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
• Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
• Feedback and support– we analyze user reviews and the quality of technical support.
• Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
• Platform Features– availability of additional features — futures, options, staking, etc.
• final grade– the average number of points for all indicators determines the place in the ranking.

</p>

5
/
5
(
1

voice
)