Suze Orman Recommends BTC: ‘Everybody Should Absolutely Have Exposure to Bitcoin’
Suze Orman, a well-known financial advisor, advocates for bitcoin exposure, despite contrasting views from other prominent investors like Dave Ramsey and Warren Buffett. She underscores the potential gains for those who can manage its volatility. “Everybody should absolutely have exposure to bitcoin,” she said.
Suze Orman Encourages Bitcoin Investment With Caution
Financial advisor Suze Orman has explained that she believes everyone should have exposure to bitcoin, despite the skepticism of other well-known investors. While figures like Dave Ramsey and Warren Buffett criticize the cryptocurrency, Orman highlighted its potential for those willing to handle its volatility and risk.
During her recent interview with CNBC Make It, Orman emphasized:
Everybody should absolutely have exposure to bitcoin
She believes bitcoin’s value will grow, driven by younger generations’ fascination with it, although she doesn’t see it as a currency or store of value.
Noting that millennials and Gen Z investors make up 70% of crypto ownership, she said:
This is an investment that you’re either going to lose it all, or you’re going to let it run until it’s worth $100,000 or $200,000.
However, Orman also warned of the risks and advised against investing more than 5% of one’s portfolio in bitcoin. She favors bitcoin exchange-traded funds (ETFs) over direct ownership of BTC due to security concerns. “I would never want to see an FTX happen again,” she stressed, noting that she appreciates the ease of managing an ETF alongside traditional investments like stocks and mutual funds.
