Crypto Market Is Still In The Early Stages, Says Ric Edelman
Famed finance author Ric Edelman has said that crypto is still in the very early stages, comparing it to the internet right before the big boom. The crypto market which is a little over a decade old has grown exponentially in its short time in existence. At its highest, the market grew to $3 trillion surpassing the valuation of some of the most valuable companies in the globe. Despite this growth, the market still has a lot of growing to do and Edelman believes this is only the beginning. Comparing Crypto To The Internet It is estimated that there are 130 million users of the crypto market....
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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. “This is totally new and different and it’s the first genuinely new asset class in about 150 years,” he said, emphasizing that “It has tremendous investment opportunities.” Ric Edelman Sees Benefits of Having Bitcoin in Portfolios Ric Edelman talked about bitcoin and cryptocurrency investments in an interview with Yahoo Finance last week. He founded Edelman....
Financial adviser, Ric Edelman says his colleagues need to get rid of their bias and examine Bitcoin and crypto assets with “open eyes” and “genuine curiosity.” Ric Edelman, founder of financial advisory outfit Edelman Financial Engines, described Bitcoin (BTC) and crypto assets as a “completely new and different asset class” that has nothing in common with mainstream staples like stocks, bonds, real estate, oil, or commodities, to mention a few.Speaking to Yahoo Finance on Wednesday, the financial adviser called Bitcoin and crypto “the first genuinely new asset class in about 150 years.”....
The future’s bright for Bitcoin according to Ric Edelman, founder of financial advisory outfit Edelman Financial Engines. Bitcoin (BTC) bull and Edelman Financial Engines founder Ric Edelman has made some promising predictions about the future of the seminal cryptocurrency.In an interview on CNBC program ETF Edge on Monday, Edelman said:“We’re already at a quarter of that number with 24% of Americans owning Bitcoin. It won’t be that much of a stretch for it to get to one-third. Bitcoin is becoming more and more mainstream. People are hearing about it everywhere — it isn’t going away.”While....
Bitcoin as a protocol has been a source for many discussions throughout the years. At this time, people are starting to wonder whether the technology or politics are the biggest hurdles to overcome, and the block size debate is a clear example of how both aspects seem to collide. But the real question is whether or not Bitcoin is still in the early stages to get involved, or if the popular digital currency has matured beyond expectations. The Early Stages of Bitcoin Are Behind Us. Even though Bitcoin is only slightly over seven years old, it is all but impossible to call this concept....
American economist and former chairman of Morgan Stanley Asia, Stephen Roach said on Sunday that he believes the U.S. dollar will “crash faster and harder.” Roach said similar statements during an interview back in June, and his latest commentary stresses that people should “expect the dollar to plunge by as much as 35 percent next year.” Stephen Roach is a well known American economist as he worked as chairman of Morgan Stanley Asia and he also advised as the company’s chief economist as well. Roach currently serves as a senior fellow at Yale University and....