Ric Edelman now recommends 10-40% crypto

[Anonymous]

https://open.spotify.com/episode/2KEqvW2uTHzbN5l6v5VTF7?si=MqhL-XlrQrmHT5ZFXgsbvg&context=spotify%3Ashow%3A7sDXM8BlxsUqzL2IqmLqwE

Thoughts?

[Anonymous]

Flim-flam artist who is overinvested in crypto advises you to do so as well, so he can get out at a profit.

[Anonymous]

Anonymous wrote:Flim-flam artist who is overinvested in crypto advises you to do so as well, so he can get out at a profit.

Dump phase coming in a few months.

[Anonymous]

40% crypto? That is extremely irresponsible investment advice. I don’t think even the biggest crypto bros would recommend that as an investment strategy for a normal family.

[Anonymous]

Stand right here on this rug, just riiiiiiiggghhht here, that's it, now: no matter what, you need to hold on for dear life!

[Anonymous]

Never heard of him.

[Anonymous]

Anonymous wrote:Stand right here on this rug, just riiiiiiiggghhht here, that's it, now: no matter what, you need to hold on for dear life!

Don't worry! I am so good at pulling the rug you won't move an inch, I promise.

[Anonymous]

OP. I posted because my parents use him. He’s a long standing advisor in the DC area. I also thought this was crazy advice!

[Anonymous]

Anonymous wrote:OP. I posted because my parents use him. He’s a long standing advisor in the DC area. I also thought this was crazy advice!

If they're listening to him, get power of attorney and FAST. Not a reputable or credible guy.

[Anonymous]

Cue Ric unloading crypto in the next frame

[Anonymous]

Enough already. Being in crypto is not crazy. Not being in crypto is. Not doing your homework long ago and buying Bitcoin for $1k is crazy. Still not realizing that Bitcoin is real, is crazy.
The reason I have so much in Bitcoin/Solana is because they went up so much. Yes, lets sell the winners and go cash. The same cash they print more to service their debt.
How can DCUM crowd still be so clueless. I know bunch of educated people who are still on sidelines, but they were born with narrow mind.

[Anonymous]

Anonymous wrote:Enough already. Being in crypto is not crazy. Not being in crypto is. Not doing your homework long ago and buying Bitcoin for $1k is crazy. Still not realizing that Bitcoin is real, is crazy.
The reason I have so much in Bitcoin/Solana is because they went up so much. Yes, lets sell the winners and go cash. The same cash they print more to service their debt.
How can DCUM crowd still be so clueless. I know bunch of educated people who are still on sidelines, but they were born with narrow mind.

Ok, Ric.

[Anonymous]

Edelman has been pushing crypto for years, right after he pushed NFTs (anyone want to admit to owning those, or even remembering the prices).

[Anonymous]

The only reason to be 40% in crypto is if you believe Trump is going to devalue the US dollar and destroy the whole economy at the same time, while also defaulting in Treasuries, and then you want to cash out to a different currency.

So, maybe it's a good idea.

[Anonymous]

Scammers gonna scam