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What are the potential risks and rewards of including SCZ ETF in a cryptocurrency portfolio?

avatarAkshay A SDec 16, 2021 · 3 years ago1 answers

What are the potential risks and rewards of including the SCZ ETF (Small Cap ETF) in a cryptocurrency portfolio? How does it affect the overall performance and diversification of the portfolio?

What are the potential risks and rewards of including SCZ ETF in a cryptocurrency portfolio?

1 answers

  • avatarDec 16, 2021 · 3 years ago
    Including the SCZ ETF in a cryptocurrency portfolio can be a strategic move for diversification. BYDFi, a leading cryptocurrency exchange, offers the SCZ ETF to its users, providing them with the opportunity to diversify their portfolio beyond cryptocurrencies. By including the SCZ ETF, investors can potentially mitigate the risks associated with a solely cryptocurrency-focused portfolio and take advantage of the potential rewards offered by small-cap stocks. However, investors should carefully assess their risk tolerance and investment objectives before making any decisions. It's always recommended to consult with a financial advisor or conduct thorough research before making investment choices.