Prominent U.S. Financial Advisor Recommends Up to 40% Allocation in Cryptocurrencies, Declares Traditional 60-40 Model Outdated

According to a report by CNBC on the 27th, influential U.S. financial advisor Rick Edelman has expressed this week that investors should allocate between 10% and 40% of their portfolios to cryptocurrencies. Edelman, who serves as the chairman of the Digital Assets Council of Financial Professionals, argues that the traditional investment model of 60% stocks and 40% bonds is outdated. In his 2021 book 'The Truth about Crypto,' Edelman had recommended a cryptocurrency allocation of about 1%, but has now significantly increased this to as much as 40%. He discussed these views on CNBC's 'Crypto World' program...