High-net-worth investors are turning increasingly bullish on Bitcoin, citing its potential as a hedge against economic instability and inflation. Charlie Garcia, a member of the R360 community of centimillionaires, compares Bitcoin to rare real estate, emphasizing its limited supply and growing global demand.

Within the R360 group, Bitcoin allocations have risen to 2.5-3% of portfolios, with some members going as high as 10%. This trend is further driven by the anticipation of a more crypto-friendly stance under the Trump administration, which could pave the way for banks to hold Bitcoin and even offer loans collateralized by it.

Garcia advises investors to prioritize self-custody or use institutional custodians for large holdings, warning against ETFs due to potential tax inefficiencies. He also highlights security risks tied to exchanges and hot wallets, urging the use of secure storage solutions for safeguarding assets. Show Less