#投资组合管理 Seeing the news about institutional accumulation this wave, I have to be honest: a 3% allocation to Bitcoin may seem moderate, but the underlying logic behind it is what truly matters.

The largest asset management firms in Brazil, Goldman Sachs, BlackRock, and other giants are recommending similar allocation strategies. They emphasize not timing the market for speculation, but " disciplined long-term investing." This statement is crucial—it indicates that institutions have shifted from a speculative mindset to rational thinking about hedging tools. I have seen too many retail investors die from FOMO emotions, while institutions are actually making money in the simplest ways.

Even more interesting is the trend of multi-chain allocations among listed companies. From Strategy holding over 6.6 million Bitcoins, to Republic Technologies increasing their Ethereum holdings, and Shuntai Holdings allocating Filecoin for mining collateral—these all point to a phenomenon: crypto assets are evolving from "gambling targets" into "necessary components of the balance sheet." But this also presents a trap—not every coin should be allocated, you must be clear about what you are holding.

My advice is straightforward: if you're still debating whether to buy now, it’s better to ask yourself three questions: first, what fraction of your total assets does this money represent; second, are you psychologically prepared for long-term holding; third, besides Bitcoin, do you truly understand the practical use cases of other tokens? The 3% ratio may seem conservative, but for those who truly want to survive long-term, it’s the most appropriate risk exposure.