Unlike investing a few hundred dollars or a few thousand dollars, asset management funds need to handle trillions of dollars so they cannot ignore market risks.
They are in a better position and also in a far worse one!
First advantage is that they don't play with their money, the fund is getting a loss the CEO is getting a bonus for not going bankrupt. Also, they have the potential of moving the market in their favor, when the average Joe buys $100 worth of stock he doesn't do a thing to the market, a fund taking over 5% in a company and the price skyrockets from day one!
But they have a disadvantages also, they are forced at one point to venture into risky business, because they need to make extra % on top of the average move to actually make people keep their money in their assets (not talking about ETF, here) so at one point they will speard a ton of money in business that have only "potential", for example Faraday.
How much % of your total assets are in the crypto market? How much of it is in BTC?
This will have a ton of biased answers because of random demographics.
North Americans have 401k, Europe has private pension contributions so since a large chunk of investment already flows into this directly from your wage the numbers will look biased in most cases toward non-crypto.
That being said I in my case is well under 25%, real estate will take the major part here not because I invest but because of inheritance and skyrocketing prices around with over 100% in the last decade, then a very tiny part of just 5% in stock market.
And since others mentioned, no, gold is no! Simply can't invest or hold that thing, I only have the rings as any kind of jewelery.