📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
CIO of Bitwise: Don't add Bitcoin individually, restructure the entire portfolio
Matt Hougan, Chief Investment Officer of Bitwise, urges traditional investors to change their approach when incorporating Bitcoin into their portfolios — instead of adding it individually, they should consider it within the overall "risk budget" of the portfolio.
Although Bitcoin is notorious for being 3–4 times more volatile than the S&P 500, Hougan said shrewd allocation can increase returns with minimal risk. For example, if you allocate 5% to BTC (giảm stocks to 57% and bonds to 38%) from 2017 to 2024, the total return increases from 107% to 207%, while the standard deviation only inches slightly from 11.3% to 12.5%.
Hougan also came up with a more optimal strategy: increase the proportion of bonds and choose short-term T-bills to offset risks from BTC. With a portfolio structure of 40% stocks, 50% bonds, and 10% Bitcoin, historical data shows even higher returns and lower risks.
He concluded: "When adding Bitcoin to your portfolio, don't add it in isolation. Think in terms of the overall risk picture. The results may surprise you."