Best-Selling Author Ric Edelman Drastically Changes Crypto Investment Strategy – Here’s His New Stance: Report
The influential financial advisor who wrote the 2021 book “The Truth about Crypto” is reportedly increasing his recommended investment allocation for crypto.
CNBC reports that Ric Edelman, who previously said that allocating as much as 1% to crypto was reasonable, is now saying that financial advisors should recommend allocating between 10% and 40% to digital assets.
Says Edelman in an interview with CNBC’s Crypto World,
“Today I am saying 40%, that’s astonishing. No one has ever said such a thing.”
The founder of the Digital Assets Council of Financial Professionals is now more bullish on crypto assets amid the massive changes in the industry.
According to Edelman, Bitcoin and the broader crypto space faced numerous…
