Few, if any, financial advisers expected to recommend bitcoin and dogecoin to clients — here’s how many now suggest buying crypto

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Despite Bitcoin, Ethereum and Dogecoin’s wild ride last month, more financial advisers than ever are recommending their clients have some crypto in their portfolios.

Despite Bitcoin BTCUSD, +1.37%, Ethereum ETHUSD, +2.37% and Dogecoin’s DOGEUSD, +9.20% wild ride last month, more financial advisers than ever are recommending their clients have some crypto in their portfolios.

“ Some 14% of financial advisers have already added cryptocurrencies to their clients’ portfolios or are recommending it to them ” Last year however none of the 242 respondents to the same survey anticipated that they’d recommend crypto to their clients in 2021, the survey — commissioned by Onramp Invest, a crypto portfolio management software company — concluded.

More than half of advisers said their clients inquired about market volatility over the past six months, whereas last year some 76% of advisers fielded questions from their clients about it over a six-month period.

 

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No there not in fact every bank I said unanimously on the Yahoo interview last week they only settle futures and do not hold crypto

Stupid. Recommending digital Monopoly money in your portfolio… SRSLY 🙄

AMCTOTHEMOON 🍿🎥🚀🌛🦍💪💎📉🔫💰🍗🔥

horrible

AKA salesmen - advisor my fucking ass

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