Buy the Bitcoin Dip? Why Ric Edelman Still Thinks Portfolios Should Hold Up to 40% Crypto
Ric Edelman isn’t budging from the groundbreaking cryptocurrency investment strategies he urged six months ago, even as Bitcoin lingers far from its record-breaking heights.
The founder of the Digital Assets Council of Financial Professionals views the current environment—with Bitcoin falling back below $90,000 going into the weekend—as an opportunity to buy the asset before it inevitably regains momentum.
“Right now, the message is simple and compelling,” he recently told Decrypt. “If you liked Bitcoin at $100,000 or $125,000, you have to love it at $85,000. This is the same message that advisors give their clients anytime the stock market declines, and we have seen 20%-30% declines in the S&P 500 as well.”
He…
