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Ray Dalio: Bitcoin Has Proven Itself, Investment Portfolio Should Be Diversified

Mary Liu

Summary: During the Bitcoin conference held by the Metz Business School of Texas A&M University on Friday, Ray Dalio, the founder of Bridgewater Associates, said that Bitcoin has proven itself, it has never been hacked and saw a growing adoption.  Dalio suggests that investors should not "put all eggs into one basket", and Bitcoin can be used to ...

During the Bitcoin conference held by the Metz Business School of Texas A&M University on Friday, Ray Dalio, the founder of Bridgewater Associates, said that Bitcoin has proven itself, it has never been hacked and saw a growing adoption. 

Dalio suggests that investors should not "put all eggs into one basket", and Bitcoin can be used to diversify their portfolio. 

He also criticized government bonds and cash, added: "Why the hell are you holding that? How much cash do you have? Why the hell are you holding that?" 

By Mary Liu

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