Bitcoin, Ripple, Etherium and Altcoin Forecast from Ric Edelman!
Bitcoin, Ripple, Etherium and altcoin forecast came from American investment legend Ric Edelman. Stating that he owns Bitcoin and Etherium, Edelman pointed out that XRP is a part of the technological revolution.
Ric Edelman has been named as the country's best independent financial advisor by Barron three times. Edelman emphasized that he is an investor who believes in crypto coins. Noting that he owns Bitcoin and Etherium, Edelman underlined that XRP is a part of the technological revolution.
"It's Not Just Beanie Baby"
In his last interview, the American investment legend stated that he first started to examine cryptocurrencies as an experiment in 2014 and continued his speech as follows:
“I started trading in the bitcoin market in 2014, and it was an academic exercise. I would like to open a Coinbase account to see how this works. I want to buy a Bitcoin and see and learn. I did this for a while, and as my research continued, I had conversations with many people in the
crypto space. I started to realize that it was really there. This isn't just Beanie Baby.”
Bitcoin and Etherium Owner
Ric Edelman stated that since then he has grown his portfolio and owned Bitcoin and Etherium. In addition, the famous investor saw XRP as a cryptocurrency that could play an important role in the crypto revolution. Ric Edelman continued his words as follows:
“With my wife Jean, I increased our rate of investing in the market and expanded to Ethereum. Frankly, I'm excited about this for Bitcoin too for completely different reasons, and this is something we're not talking about "Coke and Pepsi". We are talking about two fundamentally different aspects of this technological revolution. You can extend this to Ripple. The reason many of these important coins exist is because they solve a problem faced by others. Bitcoin is not the ultimate solution. "
"Many Altcoins Are Doomed to Uncertainty"
Ric Edelman emphasized that many altcoins are doomed to uncertainty and are not planning to mine BTC due to the current confusion.
“It has a big advantage. It has 70 percent market share in a brand that none of them own. However, there is a technological reason for the existence of these other cryptocurrencies. Many of them are silly, but some of them make sense. Realizing the cumbersome element of buying cryptocurrencies, I personally chose not to engage in mining, it is very time consuming. I am very busy in my daily business with
Edelman Financial Engines. I will not go there. "