According to Mars Finance, Ric Edelman, chairman of the Digital Assets Council of Financial Advisors, suggested in an interview with CNBC that 10% to 40% of investment funds should be allocated to Crypto Assets, whereas four years ago his recommendation was 1%. Ric Edelman stated that four years ago he did not know whether the U.S. government would ban Bitcoin, whether the technology would become obsolete, or whether consumers and institutions would accept and adopt Bitcoin. However, now all these questions have been resolved; the price of Bitcoin does not move in sync with the prices of stocks, bonds, gold, oil, or commodities, and the return opportunities offered by the Crypto Assets category are higher than almost any other asset class. (CNBC)
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Chairman of the U.S. Digital Asset Financial Advisors Council: The proportion of the crypto portfolio can increase to 10-40%.
According to Mars Finance, Ric Edelman, chairman of the Digital Assets Council of Financial Advisors, suggested in an interview with CNBC that 10% to 40% of investment funds should be allocated to Crypto Assets, whereas four years ago his recommendation was 1%. Ric Edelman stated that four years ago he did not know whether the U.S. government would ban Bitcoin, whether the technology would become obsolete, or whether consumers and institutions would accept and adopt Bitcoin. However, now all these questions have been resolved; the price of Bitcoin does not move in sync with the prices of stocks, bonds, gold, oil, or commodities, and the return opportunities offered by the Crypto Assets category are higher than almost any other asset class. (CNBC)