Yes, the Novogratz family office already has 10 percent of their net worth in ETH and BTC. He is treating it similar to gold as a must have for 10% of their portfolio. So he is rebalancing regularly to keep it at 10%. When ETH ran to $300 he sold to rebalance back down to 10% and likewise when it went back down he bought back in to rebalance at 10%. Very smart move so far.
You are viewing a single comment's thread from: