Express

Legendary Financial Advisor Ric Edelman Says Dogecoin Is a ‘Scam’ That Will End ‘ Very Badly’

Amy Liu

Summary: During an interview with Yahoo Finance, legendary financial advisor Ric Edelman has revealed he believes meme-inspired cryptocurrency Dogecoin (DOGE) is a “scam” that will end “very badly,” even though he is bullish on the cryptocurrency space in general. Edelman advises investors to allocate up to 1% of their portfolios to cryptocurrencies for now. Per his ...

During an interview with Yahoo Finance, legendary financial advisor Ric Edelman has revealed he believes meme-inspired cryptocurrency Dogecoin (DOGE) is a “scam” that will end “very badly,” even though he is bullish on the cryptocurrency space in general.

Edelman advises investors to allocate up to 1% of their portfolios to cryptocurrencies for now. Per his words, in the next few years he sees cryptocurrencies as a “routine part of most people’s portfolios,” but right now they are “still very speculative.”

By Amy Liu

Last Update:

Tags: ,,
Link: Legendary Financial Advisor Ric Edelman Says Dogecoin Is a ‘Scam’ That Will End ‘ Very Badly’   [Copy]
  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 3 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 9 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 12 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 13 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 16 days ago
  • You need to login to comment.