Not everyone is as immediately bullish as Edelman.

In a March note to clients, TIAA chief investment officer Niladri Mukherjee said, “While broadening enthusiasm around crypto adoption and the bitcoin ETFs are an encouraging sign for the industry, from an investment perspective, its value drivers will take time to develop and to be well understood by market participants.”

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Given that the industry is still “quite opaque and unregulated,” Mukherjee added that individuals should do their due diligence before investing.

But even before you do that, gut check yourself. When asked who absolutely should not invest in crypto, Edelman was quick to reply: “Those who cannot emotionally tolerate volatility. Because we know (cryptocurrencies are) highly volatile. You’re likely to sell when prices are low.”

That’s especially the case if you decide to invest directly in a given coin.

A good way to test your appetite for volatility is to consider how much you might spend on a nice meal at a favorite restaurant and invest that amount into crypto if it doesn’t strain your household budget. Then just watch to see what happens over the next several months, Ross said. “Track it, read about it, understand its ebbs and flows.”