RATE Group | Ric Edelman: Your Portfolio Should Have 1% of BTC
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Ric Edelman: Your Portfolio Should Have 1% of BTC

Ric Edelman: Your Portfolio Should Have 1% of BTC

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It looks like bitcoin and crypto is entering mainstream territory.

Bitcoin Is Moving Up the Financial Ladder

According to a new report offered by CNBC, many financial advisors are now telling their clients that it’s important to be at least somewhat invested in bitcoin and digital currencies. While clients shouldn’t necessarily go crazy and throw all their life savings into the digital space, it’s important to have at least a little bit put to the side. They’re suggesting that customers hold a minimum of one percent in bitcoin or assorted altcoins.

Sunaya Tuteja – head of digital assets and distributed ledger technology (DLT) at TD Ameritrade – states that many clients are looking to get into the space, but don’t always know how. She admits that the space can be very complicated and that there are often a lot of unanswered questions that come with investing in crypto.

At a recent conference in Florida, she explained:

It’s actually very hard to decouple blockchain and…

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