Until this year, the conventional wisdom was that Bitcoin (CRYPTO: BTC) should account for no more than 1% of your portfolio. Maybe as high as 3% if you are very aggressive or have a very long time to ...

The current recommended Bitcoin allocation is just 1%. The new thinking is that investors can boost that allocation to 10% or higher, based on rising life expectancies and longer investing horizons.

Billionaire Ricardo Salinas is allocating 70% of his liquid portfolio to Bitcoin, at a time when the conventional allocation is less than 2%. His stance is based on his belief that Bitcoin can hedge ...