Dalio bases the incorporation of Gold Bitcoin based on the devaluation of Fíat money.
Personally, Dalio prefers gold before Bitcoin.
Investor Ray Dalio, once again, was pronounced again favorably over Bitcoin (BTC). Gone were the days when he considered that the digital currency created by Satoshi Nakamoto was simply a speculative bubble. Now, Dalio, compares it to gold.
In a recent interview, the billionaire investment fund manager assured: “If you were completely neutral – that is, if you did not have an opinion formed and would like to optimize your portfolio looking for the best relationship between return and risk – then you would have about 15% of your money in gold or bitcoin.”
Dalio added that Personally he prefers “with force before Bitcoin, but that depends on each one.”
The investor Fundema His statement based on inflation and consequent devaluation of Fíat money:
«The devaluation of money occurs in moments of excess debt and geopolitical problems. You just have to look at the story: study sterling pound, Dutch florins, and other similar cases. You will see that in all these periods – as also happened in the 1970s -, assets such as gold (and now also Bitcoin) function as an effective diversification tool. Therefore, if you did not have a defined opinion, the prudent would be to have approximately 15% of the portfolio inverted in that type of assets, such as coverage against others ».
Ray Dalio, investor.
Months ago, as reported by cryptootics, Dalio had said that he was moving away from debt assets and, on the other hand, was opting for hard money such as Gold and Bitcoin.