In a conversation at the Exchange conference in Las Vegas, which has collected about 2,000 investment advisers and asset managers, said Dominic Rizzo, Global Technology portfolio to R. Rowe Price – the company that handles over $ 1 trillion in assets – it is possible to have a good time to have exposure to Bitcoin.

He compared the price of Bitcoin with a product and how investors should think about investing in it. “Bitcoin himself has acted very close to his average costs for me. So if you think about it as a traditional item, it is actually historically a really good time to have exposure to it when it is close to its cost for me,” he said.

In traditional commodity investment, when the cost of mining or extracting an item is close to the spot price, it often signalizes that the price of the goods may have found the floor or have a limited disadvantage. This is something that contrarial investors look for when investing in raw materials as the bearish mood could be priced in when such an event takes place. Rizzo seems to be referring to such a dynamic game for Bitcoin too, comparing raw material cycles with Bitcoin Price.

According to Macromicro Blog, the current average price of mining is Bitcoin around $ 84,770, while the spot price is hovering near $ 87,000.

How to play blockchain and ai revolution

Rizzo also said he sees blockchain and digital payments as an integral part of fintech and artificial intelligence (AI).

“The world becomes more global, we move from cash to digital payments … So I think digital payments are really on the Nexus to move money cheaply and take a software-driven approach to areas that have historically not been software-driven,” according to Rizzo.

He said that part of this movement is Blockchain, which he believes that any investor should have some exposure to, whether it is to keep shares of companies like Coinbase (Coin) or Robinhood (Hood) or those from Crypto Miners who benefit from the development of AI.