Early Bitcoin investor has some advice on how much money to hold in Bitcoin

By Julie Verhage - October 16, 2017 (www.bloomberg.com)

• Union Square’s Fred Wilson recommends exercising caution

• Allocations range from 10 percent to nothing for risk averse

As Bitcoin approaches yet another record, Union Square Ventures LLC’s Fred Wilson says investors should be careful how much of their portfolios are allocated to digital currencies.