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Renowned financial advisor Ric Edelman has dramatically increased his recommended crypto allocation, suggesting portfolios should now hold 10-40% in digital assets. His bullish stance reflects growing confidence in Bitcoin and blockchain technology as mainstream investments. This shift challenges traditional asset allocation strategies amid rising life expectancies.
- Edelman's crypto allocation recommendation jumps from 1% to 10-40%, calling it a 'mainstream asset'
- Longer US lifespans require higher-return investments, making traditional 60/40 portfolios obsolete
- Bitcoin shows low correlation with other assets while offering superior return potential
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