Famous financial advisor Ric Edelman: recommends that the proportion of Crypto Assets in the investment portfolio can be as high as 40%.

According to Deep Tide TechFlow news on June 30, CNBC reported that renowned financial advisor Ric Edelman recently stated in CNBC's "Crypto World" program that the allocation of Crypto Assets in a portfolio can be as high as 40%, which contrasts sharply with the 1% allocation he recommended in his 2021 book "The Truth About Crypto."

As the head of the Digital Asset Finance Professionals Committee, Edelman explained that four years ago the market was uncertain whether the government would ban Bitcoin, whether the technology would fail, or whether institutions would adopt it, and "now, all those questions have been resolved, and Crypto Assets have become mainstream assets."

Edelman stated that the price trend of Bitcoin is unrelated to traditional assets, making it a powerful portfolio diversification tool that can enhance risk-adjusted returns. He believes that the crypto assets category offers "higher return opportunities that are difficult to obtain in almost any other asset class" and stated that the market's expectation for Bitcoin to reach between $150,000 and $250,000 by the end of the year is "relatively conservative."

According to reports, Ric Edelman is one of the founders of Edelman Financial Engines, a company that manages assets exceeding $290 billion.