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Bridgewater's Ray Dalio: Advises Investors to Allocate 15% of Assets to Bitcoin or Gold
Summary: According to CoinDesk, Ray Dalio, founder of Bridgewater Associates, recently urged investors to allocate 15% of their investment portfolios to Bitcoin or gold, citing the increasing US debt burden and risks of long-term currency devaluation. Dalio stated on the 'Master Investor' podcast that approximately 15% of funds should be allocated to gold or Bitcoin if ...
According to CoinDesk, Ray Dalio, founder of Bridgewater Associates, recently urged investors to allocate 15% of their investment portfolios to Bitcoin or gold, citing the increasing US debt burden and risks of long-term currency devaluation. Dalio stated on the 'Master Investor' podcast that approximately 15% of funds should be allocated to gold or Bitcoin if one wishes to optimize the risk-return ratio of their portfolio. This marks a significant change from his previous recommendation of only 1-2% Bitcoin allocation in 2022, reflecting his growing concerns about the so-called debt doomsday cycle. He noted that the US is expected to add $12 trillion in new national debt issuance in the coming year to address the current $36.7 trillion national debt.
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Link: Bridgewater's Ray Dalio: Advises Investors to Allocate 15% of Assets to Bitcoin or Gold [Copy]
