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28 July 2021

Financial Advisor Ric Edelman Sees 'Tremendous Investment Opportunities' in Bitcoin – News Bitcoin News

Financial Advisor Ric Edelman Sees 'Tremendous Investment Opportunities' in Bitcoin – News Bitcoin News


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Financial Advisor Ric Edelman Sees 'Tremendous Investment Opportunities' in Bitcoin – News Bitcoin News.

Financial advisor Ric Edelman, founder of Edelman Financial Engines and RIA Digital Assets Council, has recommended having bitcoin in investment portfolios despite the cryptocurrency’s volatility.

Edelman explained that “most financial professionals,” who have been in business a long time and are “very successful, very talented, and experienced,” are missing out on opportunities from the new asset class because they do not have a good understanding of cryptocurrency, like bitcoin.

Noting that he uses “bitcoin as a proxy for all digital assets,” the financial advisor emphasized, “It’s important to recognize this is a completely new and different asset class that doesn’t have anything in common with anything else we’re familiar with: stocks, bonds, real estate, oil, gold, commodities.” He further opined:.

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