From 1% to 40%: Portfolio Shift Could Send Bitcoin to $500K!

Top financial advisor Ric Edelman explains why Bitcoin is no longer a speculative asset, but a core part of a modern investment portfolio. In this conversation, he breaks down the shift from a 1% to a 40% crypto allocation, the growing role of institutional investors, and why not owning Bitcoin today might be the real risk. He also addresses common concerns — from volatility to pump-and-dump fears — and outlines how just a 1% global allocation could drive Bitcoin to $500,000. 0:00 Intro 1:00 Why did you switch from recommending a 1% crypto allocation to as much as 40%? 5:00 Which cryptocurrencies are part of your investment strategy? 6:38 Who are your clients, and how is their attitude towards crypto changed in the last five years? 8:48 Why do you consider owning crypto today to be less speculative than not owning it? 11:30 How does Bitcoin reach $500K? 15:26 Why is the notion that Bitcoin is too expensive right now a misconception? 17:45 What if Bitcoin turns out to be a colossal pump-and-dump scheme? 21:20 Outro Follow COINTELEGRAPH: Website: https://cointelegraph.com/ Telegram: https://t.me/cointelegraph Facebook: https://www.facebook.com/cointelegraph Twitter: https://twitter.com/cointelegraph Mobile app: https://linktr.ee/cointelegraph_mobile Cointelegraph covers everything Bitcoin, bringing you the latest news, prices, breakthroughs, and analysis, with emphasis on expert opinion and commentary from the digital currency community.