Ric Edelman, founder of Edelman Financial Engines, which has $ 230 billion in assets under its management, said it has invested in Bitcoin and Ethereum, and described XRP as a cryptocurrency that could play an important role in the cryptocurrency revolution.
Ric Edelman, who has been voted the country’s top independent financial adviser three times by Barron’s, the leading US financial broadcaster, said he believes and invests in cryptocurrencies.
Edelman, founder of Edelman Financial Engines, which has $ 230 billion in assets under its management, said in an interview with Real Vision that he first confiscated cryptocurrencies in 2014.
Edelman noted that he has since grown his portfolio and has also invested in Ethereum. Successful investor described XRP as a cryptocurrency that could play an important role in the cryptocurrency revolution:
“My wife Jean and I have increased our position and invested in Ethereum as well. Obviously, I’m as excited about Ethereum as I am about Bitcoin for completely different reasons. I’m not talking about something like Coke and Pepsi here, but two fundamentally different aspects of this technological revolution. We can spread it to ripple. The reason many of these important monies exist is because they solve a problem that others face. Bitcoin is not the ultimate solution.”Ric Edelman
Edelman pointed out that many altcoins are doomed to obscurity at the end of his remarks. “There are technological reasons for the existence of other coins. Many of them are absurd, but some of them make sense.” said. As for mining, he stressed that he personally chose not to do mining, mining takes a lot of time.
Edelman said in an interview in November 2018 that while the price of Bitcoin is trading at $ 4 thousand, now may be the best time for those who have not yet invested in Bitcoin to come in and said, “people were very excited when they bought Bitcoin at $ 19,000 last year. The same people don’t want to buy bitcoin for $ 4,000.” he spoke in shape.