cnbc bitcoin portfolio

As stocks find a bit of relief after the market's worst day of the year, investors may be looking for new bets in a market with growing uncertainty.Looking to international markets and finding refuge in bitcoin are two suggestions strategists are making.Investments outside the U.S.appear attractive to Mark Tepper, president of Strategic Wealth Partners."It's pretty obvious that political risk is shifting toward the U.S.," Tepper said Wednesday on CNBC's "Trading Nation.""Global growth is so much stronger than U.S.growth, and if you look at the S&P 500, globally oriented companies — which are those companies getting at least 50 percent of their revenues from overseas — are completely crushing the domestically oriented companies this earnings season."Most investors are still overweight U.S.stocks, Tepper said, as U.S.markets have outperformed international markets for years.But he sees a reversal afoot, which gives him confidence in investing abroad even as U.S.firms' first-quarter earnings have been strong.

Furthermore, geopolitical risk appears to be fading on the back of French and South Korean election outcomes that were seen as positive for the markets.Indeed, a popular exchange-traded fund that tracks large- and mid-cap equities in developed markets outside the U.S.and Canada, the iShares MSCI EAFE ETF, has advanced 13 percent so far this year.The S&P 500 fund has advanced a bit less than 6 percent in the same time.Notably, the MSCI Asia Pacific index has gained 20 percent year to date; Taiwan's benchmark index has gained 22 percent, and European markets have broadly outperformed the S&P 500.Emerging markets, too, are rallying this year.One ETF that tracks emerging markets, the EEM, is up 15 percent year to date.However, the fund fell nearly 2 percent in Thursday trading as Brazilian equities tumbled on the back of emerging political concerns in the country.In a different kind of hedge, Boris Schlossberg of BK Asset Management suggests turning to digital currency bitcoin.Bitcoin is the "new gold," he said, and appears to be a good hedge going forward.

Schlossberg draws parallels between the volatile digital currency and the precious metal widely considered a safe haven.
litecoin cpu mining worth itEven after bitcoin's 92 percent rally so far this year, "it's holding at very steady highs right now, and typically when you have a big move — whether it be any kind of instrument — generally you're going to have some continuation," he said Wednesday in an interview on CNBC's "Trading Nation."
trade litecoin for cash"It's clearly signaling more demand.
bitcoin miner ghSo I like that as a hedge play going forward," Schlossberg added.
mt4 for bitcoinBitcoin, prone to frequent fickle swings in value given its unregulated nature, has soared to all-time highs this year as the currency has become more widely accepted as a form of payment.
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Still, the Securities and Exchange Commission earlier this year rejected a proposed bitcoin exchange-traded fund.
ethereum set coinbaseStocks were trading modestly higher on Thursday after the year's biggest sell-off on Wednesday.
bitcoin qt fasterLast week, CNBC reported that investors should be looking into two assets to avoid US economic uncertainty and financial instability: overseas equities and digital gold Bitcoin.
ethereum based startupsAt CNBC’s Trading Nation, Boris Schlossberg of BK Asset Management emphasized the importance of maintaining Bitcoin in a portfolio as a mandatory asset to hedge against an inevitable global economic struggle.
virus in bitcoin blockchainHe stated: “Even after bitcoin's 92 percent rally so far this year, it's holding at very steady highs right now, and typically when you have a big move — whether it be any kind of instrument — generally you're going to have some continuation.

It's clearly signaling more demand.So I like that as a hedge play going forward.” Troubled world Fiat money, stocks, bonds and other types of conventional assets, currencies and stores of value are heavily affected by the global economy and market performance.For instance, the emergence of impeachment talks led by the Democratic Party against current US President Donald Trump almost immediately led to a 700-point decline in major US stock markets, as Cointelegraph previously explained.On May 18, Cointelegraph revealed that Bitcoin price surged past $1,820 amidst the economic uncertainty of the US caused by troubles surrounding the Trump administration.On a 24-hour basis, Bitcoin price demonstrated an increase of seven percent.At the time, Evercore ISI Executive Dennis DeBusschere explained that investors were fearing of economic turmoil due to political uncertainty.Although foreign equities could be viable assets to hedge against economic instability, its low liquidity and poor transportability make them impractical.

In the contrary, Bitcoin, which demonstrates a substantially higher level of liquidity and transportability, can be traded at ease amid economic instability.DeBusschere attributed the rising demand toward foreign equities and Bitcoin to political uncertainty, stating: “What has been setting in over the course of the day is that political uncertainty is something that’s likely going to be with us for a significant amount of time.We may be looking at a higher volatility backdrop with a trending lower market for the next couple of months.” Lack of overseas regulation on Bitcoin However, despite raising an important discussion point in regard to the rising adoption of Bitcoin as a safe haven asset, CNBC placed an emphasis on the rejection of the Winklevoss twins’ Bitcoin ETF COIN earlier this year, even though the market has completely recovered from the SEC’s decision after the realization that Bitcoin investors do not require another layer of regulatory intermediary to facilitate the trading of Bitcoin.