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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

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Link: Legendary Financial Advisor Ric Edelman Says Dogecoin Is a ‘Scam’ That Will End ‘ Very Badly’   [Copy]
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