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Ric Edelman Urges Investors to Hold 10-40% Bitcoin

Original: Ric Edelman Urges 10-40% Bitcoin Allocation, Sees $500K Price by 2030

Financial planner Ric Edelman has recommended allocating 10-40% of a portfolio to Bitcoin, predicting the cryptocurrency could reach $500,000 by 2030. The call marks a notably aggressive stance from a mainstream advisory figure, and is drawing attention among investors and crypto commentators debating how large a Bitcoin position is prudent for ordinary portfolios.

Why now: A prominent mainstream financial adviser endorsing a large Bitcoin allocation is a striking shift likely to influence investor debate.

Ric EdelmanBitcoin

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