Mike Novogratz has 50% of net worth in crypto, advocates up to 5% for investors

From cointelegraph.com

Galaxy Digital founder and CEO Mike Novogratz is encouraging investors to devote a larger percentage of their portfolios to crypto. In an interview with CNN’s Julia Chatterley today, Novogratz said he had “changed his tune” on previous advice that investors should allocate roughly 1% of their net worth to Bitcoin (BTC) and other cryptocurrencies. The CEO has said as recently as November that people should invest up to 3% into BTC and HODL for five years. “I think a new investor could put 5% into Bitcoin,” said Novogratz. “Bitcoin’s not going back to zero [...] It could certainly trade back to $14,000 ... (full story)