Did you know over $300 billion in Bitcoin was traded globally in the last 24 hours? This shows how fast Bitcoin is growing as a digital asset. Investors are now using Modern Portfolio Theory (MPT) to manage their crypto portfolios.
Modern Portfolio Theory was created by economist Harry Markowitz in 1952. It helps pick investments to get the best returns with a bit of risk. This theory is used in traditional markets and can also work for crypto assets.
Its main idea is diversification. This means spreading investments across different types to lower risk and possibly increase returns. By using math, investors can find the best mix of risk and return for their portfolios.
Key Takeaways
- Modern Portfolio Theory (MPT) emphasizes the importance of diversification to mitigate risk in cryptocurrency investments.
- Applying MPT principles can help investors balance risk in their crypto portfolios based on individual investment goals.
- Analyzing the correlation between different cryptocurrencies and the broader market is a crucial aspect of MPT application in crypto investments.
- The Efficient Frontier, a fundamental concept in MPT, aims to identify the portfolio with the highest expected return for a given level of risk.
- Utilizing MPT can assist investors in creating optimized crypto portfolios to maximize risk-adjusted returns.
Understanding Crypto Portfolio Theory
Crypto portfolio theory is key for managing digital assets. It uses Modern Portfolio Theory (MPT) for the crypto market. It focuses on diversification and managing risk.
What is Crypto Portfolio Theory?
This theory sees the high ups and downs in crypto. It suggests mixing big-name coins, altcoins, and stablecoins in a portfolio. This mix aims to balance risk and reward, using the unique nature of digital assets.
The Role of Volatility
Volatility is a big deal in crypto. Prices can swing a lot, leading to big losses. It’s vital to manage this to build strong blockchain investment strategies and decentralized finance portfolios.
Importance of Asset Allocation
Asset allocation is key in crypto theory. Spreading investments across different sizes, places, and types of assets lowers risk. This helps protect against issues like regulatory changes and security threats in the crypto world.
| Allocation Statistic | Percentage |
|---|---|
| Investors with crypto allocations under 1% of total net worth | 63% |
| Investors with crypto allocations up to 5% of total net worth | High-net-worth |
| Investors with crypto allocations up to 30% of total net worth | High-net-worth |
| Investors with no crypto allocations | 37% |
Strategically spreading investments is vital for the best blockchain and decentralized finance portfolios.
The Basics of Modern Portfolio Theory
Modern Portfolio Theory (MPT) is a key guide for investors. It focuses on diversification, risk-return balance, and the efficient frontier. MPT uses math to find the best portfolio mix based on expected returns and risks.
Key Principles of the Theory
MPT separates risk into two types: systematic (market) and unsystematic (asset-specific). It shows that investors can lower risk without losing potential by diversifying. This means mixing high-risk, high-reward assets with stable ones for a balanced portfolio.
Risk vs. Return Trade-off
MPT points out the risk-return trade-off. Investors must decide how much risk they’re willing to take for higher returns. By showing the best risk-return mix on a graph, MPT helps investors make smart choices.
“The MPT, combined with Exchange-Traded Funds (ETFs), allows investors to build diversified portfolios with easier access to a broader range of asset classes to reduce risk.”
The image above shows the efficient frontier, a core MPT concept. It’s a curve that shows the best portfolio mixes. These are the ones with the highest returns for a certain risk level.
The Rise of Bitcoin as an Investment
In the digital finance world, Bitcoin has become a big deal. Its price went from under $1 in 2010 to over $60,000 in 2021. This caught the eye of investors worldwide.
This big jump came from more people using it, better rules, and tech improvements. These changes changed how we see and use digital money.
Historical Performance of Bitcoin
Bitcoin’s past shows it’s been very volatile but also very profitable. It made an average of 178% each year from 2010 to 2024. Since 2018, it’s made about 29.6% each year.
This growth has made Bitcoin a part of traditional investments. Many see it as a safe place for money and a way to fight inflation.
Factors Driving Bitcoin Prices
- Adoption rates: More people and companies using Bitcoin makes it more valuable.
- Regulatory developments: New rules can really affect Bitcoin’s price and how people feel about it.
- Macroeconomic trends: Things like the world’s economy, inflation, and money policies can also impact Bitcoin.
- Technological advancements: Better blockchain tech, security, and user experience make Bitcoin more appealing.
As Bitcoin and other digital coins get more popular, they’ll play a bigger role in investments. Those looking to improve their altcoin portfolio construction and DeFi asset allocation should keep an eye on this fast-changing field.
“Bitcoin’s correlation to inflation changes has been increasing, nearly equal to that of equities, potentially offering a hedge against inflation.”
Diversification in Crypto Investments
In the world of cryptocurrency, spreading your investments is key. It helps manage risk and can lead to better returns. Unlike traditional investments, crypto assets don’t always move together. By investing in different cryptocurrencies, you can lower your risk and boost your chances of success over time.
Why Diversify Your Portfolio?
Many investors focus too much on Bitcoin (BTC) and Ether (ETH). But the crypto market is vast, with many different types of assets. By diversifying, you can tap into various parts of the market. This can help you navigate through ups and downs and improve your investment outcomes.
Crypto vs. Traditional Assets
Crypto assets can offer benefits when mixed with traditional investments. But they also come with their own set of risks. A well-diversified crypto portfolio might include a mix of Bitcoin, Ethereum, altcoins, and stablecoins. This balance can help you manage the market’s volatility and stay in tune with industry trends.
“Diversification in cryptocurrency investments mitigates risk by spreading investments across various coins, increasing chances of long-term success.”
The crypto market is always changing, with new leaders and laggards emerging regularly. This highlights the importance of diversification. The big spreads seen in the market over time also show why spreading your investments is crucial.
Analyzing Risk in Crypto Investments
Investing in cryptocurrencies needs a deep understanding of risk management. The crypto market is different from traditional assets. It has unique volatility and patterns that require a special approach to managing risk.
When looking at crypto investments, it’s important to measure volatility and understand how different assets move together. This helps in building a strong portfolio and assessing risks.
Measuring Risk Through Beta
Beta measures how volatile an asset is compared to the market. It’s useful for cryptocurrencies to understand their risk level. But, the crypto market is highly speculative and changes fast. This means we might need to adjust how we measure risk.
Studies show that nearly 91% of Bitcoin’s risk since 2015 can’t be explained by traditional financial risk. This is much higher than the risk seen in broad-based equity indices like the S&P 500.
Assessing Market Correlations
It’s key to understand how different cryptocurrencies and traditional assets move together. This helps in diversifying and managing risk. Research shows that the top 10 cryptocurrencies have a positive correlation of 48% on average.
Bitcoin and Ethereum have a correlation of 74%. Dogecoin, however, has a low average correlation of 25%. This shows Dogecoin’s unique and speculative nature.
Cryptocurrencies also have a slightly positive relationship with gold and oil. They don’t have a strong correlation with the U.S. dollar or other major currencies. This makes them a good diversification tool in investment portfolios.
| Asset | Beta | Correlation |
|---|---|---|
| Bitcoin | 0.74 | 0.18 |
| Ethereum | N/A | 0.74 |
| Dogecoin | N/A | 0.25 |
By studying the risk and correlation in the crypto market, investors can make better decisions. This helps in optimizing the risk-return profile of their portfolios.
Asset Allocation Strategies for Crypto
Investing in the cryptocurrency market needs careful planning. You must know your risk level and goals. This helps decide the right mix of digital and traditional assets in your portfolio.
Determining Your Risk Tolerance
Your risk tolerance is key in asset allocation. Consider your investment time frame, financial status, and crypto market knowledge. Those willing to take more risk might put more in crypto. Others might choose a safer mix with less crypto.
Suggested Asset Allocations
There’s no single right way to allocate crypto assets. Yet, here are some guidelines:
- Conservative Approach: 5% to 10% in cryptocurrencies, with most in stocks and bonds.
- Balanced Approach: 10% to 15% in cryptocurrencies, with the rest in traditional assets.
- Aggressive Approach: 20% or more in cryptocurrencies, with the rest in traditional assets and other investments.
Consider a mix of big cryptocurrencies like Bitcoin and Ethereum. Also, include smaller altcoins to improve digital asset allocation and token portfolio optimization.
| Asset Class | Conservative | Balanced | Aggressive |
|---|---|---|---|
| Cryptocurrencies | 5-10% | 10-15% | 20%+ |
| Stocks | 60% | 50% | 40% |
| Bonds | 35% | 35% | 30% |
Asset allocation isn’t a one-time thing. It’s important to check and adjust your portfolio often. This keeps it in line with your goals and risk level as the market changes.
“Diversification is the only free lunch in finance.” – Harry Markowitz, Nobel Laureate in Economics
The Role of Stablecoins in a Crypto Portfolio
The crypto market is always changing. Stablecoins have become key for a balanced crypto portfolio. They keep their value stable, adding stability and liquidity to DeFi.
Benefits of Including Stablecoins
Stablecoins act like cash in the crypto world. They let investors quickly switch between assets without using real money. This is helpful when the market is shaky, as stablecoins can protect against price swings.
They also help people use DeFi, letting them earn interest and borrow money.
Stablecoin Examples and Use Cases
Top stablecoins include Tether (USDT), USD Coin (USDC), and Dai. They’re used for trading, lending, and borrowing. Stablecoins are also popular in DeFi, used in DEXes and lending platforms.
| Stablecoin | Market Cap (Q1 2022) | Percentage of Total Stablecoin Market |
|---|---|---|
| Tether (USDT) | $82.5 billion | 65% |
| USD Coin (USDC) | $49.1 billion | 22% |
| Binance USD (BUSD) | $17.5 billion | 8% |
Adding stablecoins to a portfolio can lower risk. It helps during market drops and opens up DeFi opportunities.
Implementing Dollar-Cost Averaging
In the world of cryptocurrency, dollar-cost averaging (DCA) is a key strategy. It involves investing a set amount of money at regular times, no matter the price. This method helps manage risks and avoid big losses by investing at the wrong times.
What is Dollar-Cost Averaging?
DCA means investing a fixed amount of money at set times, like weekly or monthly. It aims to balance market highs and lows, leading to a lower average cost over time. By investing the same amount, you buy more when prices are low and less when they’re high, averaging out your cost.
Benefits of this Investment Strategy
- Emotional discipline: DCA helps avoid the urge to time the market, which can lead to bad decisions.
- Potentially lower average cost: Regular investments can take advantage of market lows, buying more units at a lower cost.
- Reduced impact of short-term volatility: DCA lessens the effects of quick price changes, focusing on long-term growth.
In the cryptocurrency market, known for its volatility, DCA is a smart strategy. It helps build a diverse portfolio over time. By sticking to a disciplined, long-term plan, investors can handle the crypto risk management challenges.
“Dollar-cost averaging is considered the ‘gentlest introduction to investing’ by Clinton Mbah, Co-founder of Accrue, a wealth-management technology company.”
DCA might not bring huge profits like some strategies, but it’s safer. It lowers the risks of market timing and emotional decisions. Always do your research, understand the market, and match your strategy with your financial goals.
The Impact of Market Sentiment on Crypto Prices
The cryptocurrency market is very sensitive to what investors think. Good news, new tech, and more people using it can make prices go up. But, bad news or security issues can make prices drop fast. It’s key for investors to watch market sentiment to make smart choices and predict big price changes in their cryptocurrency diversification plans.
How Market Sentiment Affects Value
Many studies show how big of a role market sentiment plays in crypto asset valuation. For instance, a study of over 500,000 tweets about Bitcoin found a clear link between sentiment and price. When people feel positive, prices go up, and when they feel negative, prices drop.
The crypto market has seen a lot of ups and downs. Bitcoin’s price went from $996.34 to almost $13,500 in 2017. It then fell to around $3,200 in 2018 before going back up to over $12,600 in 2019. This shows how important it is to keep an eye on market sentiment to guess and react to big price changes.
Tools for Analyzing Sentiment
Investors have many tools to check on cryptocurrency market sentiment. These include:
- Social media analytics: Looking at what people say on Twitter, Reddit, and forums can give clues about what investors are thinking.
- Trading volume indicators: Watching how much is being traded and the flow of orders can show when sentiment is changing and predict price moves.
- Fear and greed indices: Special indexes, like the Bitcoin Fear and Greed Index, combine different factors to show how the market is feeling in real-time.
By using these tools and keeping up with market sentiment, investors can make better choices. They might even find chances to make money in the crypto market.
| Sentiment Impact | Percentage Change in Bitcoin Price |
|---|---|
| Positive Sentiment | +7.5% |
| Negative Sentiment | -6.1% |
The table shows how big of a role market sentiment plays in Bitcoin prices. It highlights the need to watch and analyze sentiment for good crypto diversification strategies.
“Sentiment is a key driver of cryptocurrency prices, and understanding and monitoring it can give investors a significant advantage in this highly volatile market.”
Monitoring and Rebalancing Your Portfolio
Keeping an eye on your crypto portfolio and rebalancing it is key. Rebalancing means adjusting how much of each asset you own to keep your risk level right. You might sell some assets that have grown too much and buy others that haven’t done as well. How often you rebalance depends on your goals and how often you want to check your portfolio.
When to Rebalance
It’s a good idea to rebalance your portfolio at least once a year. This helps keep your risk level where you want it. Rebalancing can make your strategy better, especially when markets are up and down a lot. How often you rebalance depends on your age, how much risk you’re okay with, and how much it costs to trade.
Tools for Portfolio Management
Tools like CoinTracker, Delta, or more advanced platforms can help manage your crypto portfolio. They let you track and analyze your digital asset allocation and token portfolio optimization. This makes rebalancing easier and more effective.
“Rebalancing helps ensure that a portfolio adheres to the intended investment strategy and risk profile.”
Rebalancing has its benefits, like reducing risk and adding diversity. But, it also has downsides like uncertainty about asset performance and costs. It’s about finding the right balance for your investment goals.
By keeping an eye on your portfolio and rebalancing regularly, you can manage your risk and stay on track with your investment goals. This is especially important in the unpredictable crypto market.
Utilizing Technology in Crypto Investments
Blockchain and DeFi strategies are getting more complex. This means we need better tech tools. From tracking portfolios to using algorithms, new tech is changing how we invest in crypto.
Apps and Platforms for Crypto Tracking
There are many apps and platforms for tracking crypto. Platforms like CoinGecko, CoinMarketCap, and Blockfolio help keep you updated. They let you track your investments and make smart choices based on data.
Utilizing Algorithms in Portfolio Management
DeFi has brought new ways to make money with crypto. Advanced investors use algorithms to make their investments automatic. This helps them predict and manage risks better.
| Feature | Benefit |
|---|---|
| Real-time portfolio tracking | Enables investors to monitor their crypto holdings and make informed decisions |
| Price alerts and performance analytics | Helps investors stay updated on market trends and identify opportunities |
| Algorithmic trading strategies | Automates investment decisions based on predefined criteria, potentially improving risk-adjusted returns |
| Machine learning for predictive analysis | Enhances risk assessment and portfolio optimization in the volatile crypto market |
Using the latest tech, investors can better handle blockchain investment strategies and DeFi asset allocation. This helps them manage their crypto portfolios well and reduce risks in a fast-changing market.
“The efficient frontier represents a set of optimal portfolios that provide the highest expected return for a given level of risk.”
Future Trends in Crypto Portfolio Management
The crypto market is always changing, and so is the way we manage our portfolios. New technologies like artificial intelligence and machine learning are becoming more common. These tools help predict market trends, making it easier for investors to make smart choices.
Decentralized finance (DeFi) is also growing fast. It offers new ways to invest, like decentralized lending pools and staking. As DeFi gets better, investors will need to explore these options to diversify and grow their portfolios.
Emerging Technologies and Their Impact
Blockchain interoperability is another big trend. It makes it easier to move assets between different blockchains. This means investors can spread their money across more places, making their portfolios more diverse and potentially more profitable.
Predictions for the Crypto Market
Experts think more big companies will start using cryptocurrencies. This could happen because of new crypto ETFs and more people seeing digital assets as real investments. How governments decide to regulate these assets will also affect the market.
FAQ
What is Crypto Portfolio Theory?
Why is volatility crucial in crypto portfolio risk assessment?
How does asset allocation work in crypto portfolios?
What are the key principles of Modern Portfolio Theory?
How has Bitcoin emerged as a significant investment asset?
FAQ
What is Crypto Portfolio Theory?
Crypto Portfolio Theory is based on Modern Portfolio Theory but for digital assets. It looks at how cryptocurrencies are different, like their high ups and downs. It’s all about spreading out investments to balance risk and reward.
Why is volatility crucial in crypto portfolio risk assessment?
Volatility is key when checking risks in crypto. It’s about mixing high-risk, high-reward assets with stable ones. This mix helps get the best returns while managing risks.
How does asset allocation work in crypto portfolios?
Asset allocation in crypto depends on how much risk you’re okay with and your goals. It can range from very safe to quite bold. A mix of well-known cryptos like Bitcoin and Ethereum, and some newer ones, is common.
What are the key principles of Modern Portfolio Theory?
Modern Portfolio Theory is all about spreading out investments and balancing risks and rewards. It uses math to find the best mix of assets. It also separates risks into two types: market risk and specific asset risk.
How has Bitcoin emerged as a significant investment asset?
Bitcoin’s price has skyrocketed from under
FAQ
What is Crypto Portfolio Theory?
Crypto Portfolio Theory is based on Modern Portfolio Theory but for digital assets. It looks at how cryptocurrencies are different, like their high ups and downs. It’s all about spreading out investments to balance risk and reward.
Why is volatility crucial in crypto portfolio risk assessment?
Volatility is key when checking risks in crypto. It’s about mixing high-risk, high-reward assets with stable ones. This mix helps get the best returns while managing risks.
How does asset allocation work in crypto portfolios?
Asset allocation in crypto depends on how much risk you’re okay with and your goals. It can range from very safe to quite bold. A mix of well-known cryptos like Bitcoin and Ethereum, and some newer ones, is common.
What are the key principles of Modern Portfolio Theory?
Modern Portfolio Theory is all about spreading out investments and balancing risks and rewards. It uses math to find the best mix of assets. It also separates risks into two types: market risk and specific asset risk.
How has Bitcoin emerged as a significant investment asset?
Bitcoin’s price has skyrocketed from under $1 in 2010 to over $60,000 in 2021. Its price is influenced by how widely it’s used, laws, big economic trends, and tech improvements. Despite its ups and downs, Bitcoin is seen as a potential safe haven and a hedge against inflation.
Why is diversification important in crypto investments?
Diversifying in crypto means spreading out investments across different digital assets and maybe traditional ones too. This reduces the risk tied to one crypto. Since cryptos often don’t move together, diversifying can help your portfolio.
How can risk be analyzed in crypto investments?
Analyzing risk in crypto involves looking at volatility, how different cryptos move together, and potential losses. Beta measures how volatile an asset is compared to the market. But, because crypto is still new, we might need to adjust how we measure risk. Knowing how different cryptos and traditional assets move together is key for building a good portfolio.
What is the role of stablecoins in a crypto portfolio?
Stablecoins add stability and liquidity to crypto portfolios. They act like cash in the crypto world, making it easy to move money around without using real money. They help reduce overall volatility, act as a safety net during downturns, and make it easier to use DeFi.
How can dollar-cost averaging be implemented in crypto investments?
Dollar-cost averaging means investing a fixed amount regularly, no matter the price. In crypto, this helps smooth out the effects of price swings. It helps manage emotions, can lower the average cost of coins over time, and reduces the impact of short-term price changes.
How does market sentiment affect crypto prices?
Market sentiment greatly influences crypto prices. Good news, tech advancements, and more people using it can push prices up. But, bad news, security issues, or regulatory changes can drop prices fast. Tools like social media, trading volume, and fear and greed indices help track sentiment. This can help investors make better choices and predict big price changes.
When and how should a crypto portfolio be rebalanced?
Keeping an eye on your crypto portfolio and rebalancing regularly is key. Rebalancing means adjusting how much of each asset you hold to match your risk level and goals. This might mean selling some assets that have gone up a lot and buying ones that have gone down. How often to rebalance depends on your strategy, but it’s usually done when allocations get too far off.
How can technology be utilized in crypto portfolio management?
Technology is essential for managing crypto investments. Apps and platforms offer real-time tracking, price alerts, and analytics. Advanced investors might use algorithms to automate trades. DeFi platforms offer new ways to earn and provide liquidity, which can be part of your strategy.
What are the future trends in crypto portfolio management?
The future of managing crypto portfolios will be shaped by new tech and market changes. We’ll see more use of AI for better risk analysis and predictions. DeFi will grow, offering new investment chances. Crypto ETFs might become more common. And, laws will play a big role in shaping the crypto world.
in 2010 to over ,000 in 2021. Its price is influenced by how widely it’s used, laws, big economic trends, and tech improvements. Despite its ups and downs, Bitcoin is seen as a potential safe haven and a hedge against inflation.
Why is diversification important in crypto investments?
Diversifying in crypto means spreading out investments across different digital assets and maybe traditional ones too. This reduces the risk tied to one crypto. Since cryptos often don’t move together, diversifying can help your portfolio.
How can risk be analyzed in crypto investments?
Analyzing risk in crypto involves looking at volatility, how different cryptos move together, and potential losses. Beta measures how volatile an asset is compared to the market. But, because crypto is still new, we might need to adjust how we measure risk. Knowing how different cryptos and traditional assets move together is key for building a good portfolio.
What is the role of stablecoins in a crypto portfolio?
Stablecoins add stability and liquidity to crypto portfolios. They act like cash in the crypto world, making it easy to move money around without using real money. They help reduce overall volatility, act as a safety net during downturns, and make it easier to use DeFi.
How can dollar-cost averaging be implemented in crypto investments?
Dollar-cost averaging means investing a fixed amount regularly, no matter the price. In crypto, this helps smooth out the effects of price swings. It helps manage emotions, can lower the average cost of coins over time, and reduces the impact of short-term price changes.
How does market sentiment affect crypto prices?
Market sentiment greatly influences crypto prices. Good news, tech advancements, and more people using it can push prices up. But, bad news, security issues, or regulatory changes can drop prices fast. Tools like social media, trading volume, and fear and greed indices help track sentiment. This can help investors make better choices and predict big price changes.
When and how should a crypto portfolio be rebalanced?
Keeping an eye on your crypto portfolio and rebalancing regularly is key. Rebalancing means adjusting how much of each asset you hold to match your risk level and goals. This might mean selling some assets that have gone up a lot and buying ones that have gone down. How often to rebalance depends on your strategy, but it’s usually done when allocations get too far off.
How can technology be utilized in crypto portfolio management?
Technology is essential for managing crypto investments. Apps and platforms offer real-time tracking, price alerts, and analytics. Advanced investors might use algorithms to automate trades. DeFi platforms offer new ways to earn and provide liquidity, which can be part of your strategy.
What are the future trends in crypto portfolio management?
The future of managing crypto portfolios will be shaped by new tech and market changes. We’ll see more use of AI for better risk analysis and predictions. DeFi will grow, offering new investment chances. Crypto ETFs might become more common. And, laws will play a big role in shaping the crypto world.
Why is diversification important in crypto investments?
How can risk be analyzed in crypto investments?
What is the role of stablecoins in a crypto portfolio?
How can dollar-cost averaging be implemented in crypto investments?
How does market sentiment affect crypto prices?
When and how should a crypto portfolio be rebalanced?
How can technology be utilized in crypto portfolio management?
What are the future trends in crypto portfolio management?
Source Links
- https://medium.com/thecapital/modern-portfolio-theory-in-crypto-balancing-risk-and-reward-77b2ed7667c3
- https://medium.com/coinmonks/modern-portfolio-theory-for-crypto-a84d721414ec
- https://www.longangle.com/blog/ideal-crypto-portfolio-allocation-strategy
- https://corporatefinanceinstitute.com/resources/cryptocurrency/cryptocurrency-portfolio-allocation/
- https://coinsniper.net/blog/modern-portfolio-theory
- https://www.investopedia.com/terms/m/modernportfoliotheory.asp
- https://cryptobriefing.com/modern-portfolio-theory-and-the-efficient-crypto-portfolio/
- https://www.investopedia.com/terms/c/cryptocurrency.asp
- https://www.ssga.com/us/en/individual/insights/the-future-of-crypto-why-smart-investors-are-backing-the-ecosystem
- https://www.fidelity.com/learning-center/trading-investing/bitcoin-investment-considerations
- https://digitalsurge.com.au/education/crypto-portfolio-diversification-with-examples/
- https://www.gemini.com/cryptopedia/portfolio-diversification-cryptocurrency
- https://www.globalxetfs.com/the-benefits-of-diversification-in-crypto/
- https://www.twosigma.com/articles/risk-analysis-of-crypto-assets/
- https://www.mdpi.com/2227-9091/12/4/68
- https://www.bitstamp.net/learn/crypto-101/cryptocurrency-portfolio-management/
- https://assets.bbhub.io/professional/sites/27/Bloomberg-Cmty-Crypto-Allocation-Whitepaper-July2024.pdf
- https://jfin-swufe.springeropen.com/articles/10.1186/s40854-022-00343-8
- https://www.ecb.europa.eu/press/financial-stability-publications/macroprudential-bulletin/html/ecb.mpbu202207_2~836f682ed7.en.html
- https://www.investopedia.com/terms/d/dollarcostaveraging.asp
- https://www.coindesk.com/layer2/2022/10/24/dollar-cost-averaging-dca-explained/
- https://medium.com/@breachclub/can-dollar-cost-averaging-really-make-crypto-investments-easier-b7e55dd1f92
- https://sites.duke.edu/djepapers/files/2018/06/brianperrycarrera-dje.pdf
- https://link.springer.com/article/10.1007/s11156-022-01086-4
- https://jfin-swufe.springeropen.com/articles/10.1186/s40854-024-00639-x
- https://www.investopedia.com/investing/rebalance-your-portfolio-stay-on-track/
- https://www.unblinked.com/post/how-to-rebalance-a-crypto-portfolio-step-by-step-to-success
- https://www.kubera.com/blog/active-portfolio-rebalancing-pros-cons
- https://www.linkedin.com/pulse/efficient-frontier-optimal-crypto-portfolio-using-modern-moriceau
- https://sciendo.com/pdf/10.2478/ceej-2020-0004
- https://kriptomat.io/news-trends/manage-your-crypto-portfolio-like-a-pro/
- https://www.patrickcanion.com/cryptocurrency-investment-portfolio/