Bitcoin finally reached $100,000 and investors holding the cryptocurrency in their portfolios have a few moves they'll need to make before they celebrate. The flagship crypto crossed the $100,000 threshold for the first time late Wednesday, a fresh milestone in its 2024 hot streak. Portfolio enhancing properties Individual investors don't have to go whole hog into bitcoin for it to make a difference in their portfolio's performance. "The risk and return profile is improved if an investor makes even a tiny allocation to bitcoin," she said. Indeed, while bitcoin investors may cheer their gains, they must consider how they might feel if this concentrated position took a sharp decline.

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Persons: Bitcoin, bitcoin, Tyrone Ross, WisdomTree, Sharpe, Dovile Silenskyte, Douglas Boneparth, Boneparth, –, Ross, —, Michelle Fox Organizations: Turnqey Labs, CNBC's, Fidelity Locations: bitcoin, New York City