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Billionaire and unsurpassed investor Ray Dalio advises everyone to put aside 2% of their funds in Bitcoin. Dalio is sure that Bitcoin is the X-factor that will keep your funds safe and sound and multiply them during terrible inflation.
In an interview with the podcast "We study billionaires," Dalio shared his thoughts about bitcoin and putting funds in BTC: "This is gold for the younger generation, which should be in the portfolio of every financially savvy self-respecting citizen."
2% of the funds from your savings, salary, or passive income should certainly be converted into Bitcoin and set aside monthly. The co-founder of the investment hedge fund Bridgewater Associates realized from his personal experience how useful and irreplaceable Bitcoin can be for the current economy.
Being a skeptic even earlier, he completely radically changed his attitude to bitcoin and began to diversify his portfolio, storing not only stocks and bonds but also Bitcoin on his account.
Billionaire Dalio is sure that Bitcoin is an asset that has a notional value, and it is also the next generation gold. In addition to Bitcoin, Dalio has a bit of Ethereum in his portfolio and advises everyone to take a closer look at the main altcoin.
Dalio also shared his opinion regarding the US government, as well as the imposition of various sanctions on Bitcoin and the application of various regulatory norms to it.
He believes that bitcoin is an asset that protects against inflation over time will work like clockwork and improve every year. Therefore, Dalio is sure that Bitcoin is the future in the global economy, and fiat is the worst investment of any investor.
Today, Bitcoin fell to $ 42,770, losing about 7% because there was a massive sale of risky assets on Wednesday due to the hawkish protocols of the Fed.
Also, the unstable situation in Kazakhstan and problems with mining are putting their sticks in the wheels. However, Dalio is sure that this will not last long, and Bitcoin, as in the good old days, will rise like a phoenix from the ashes, will fledge and begin its upward movement.
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