South African Asset Manager Cautions Against Heavy Bitcoin Exposure

TLDR Sygnia Ltd. advises clients to limit Bitcoin investments to 5% of discretionary assets. Bitcoin’s recent surge of 82% is overshadowed by its high volatility. Sygnia intervenes when clients attempt to fully invest in Bitcoin. The company sees Bitcoin as a long-term investment but stresses diversification. Sygnia plans to introduce more crypto ETFs once regulatory [...]

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