Ray Dalio Increases Bitcoin Allocation Amid Economic Uncertainty and Potential Downturn
Main Idea
Ray Dalio increases his recommended allocation for Bitcoin and gold to 15% amid economic uncertainty, while also completing his exit from Bridgewater and warning of potential economic turmoil.
Key Points
1. Ray Dalio has raised his recommended allocation for Bitcoin and gold to 15%, up from his previous 2%, citing economic instability.
2. Dalio warns of an 'economic heart attack' due to excessive debt and fiscal deficits in the US economy.
3. Dalio's exit from Bridgewater marks the end of his 50-year leadership era, with new investors like Brunei's sovereign wealth fund acquiring a near 20% stake.
4. Dalio's economic predictions have been mixed, with accurate forecasts like the 2008 financial crisis but also incorrect ones like the 1982 global depression prediction.
5. Dalio recommends Bitcoin and gold as hedges against potential currency devaluation and market stress.
Description
Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! Ray Dalio has
Latest News
- Trump Orders Nuclear Submarines Near Russia Following Medvedev’s Provocative Remarks2025-08-02 01:50:11
- Binance’s New Holding Interest Feature May Influence BNB Deposits and Market Liquidity2025-08-02 01:49:41
- Bitcoin Season May Persist as Altcoin Season Index Holds at 37, Suggesting Market Caution2025-08-02 01:38:30
- COINBASE: We will suspend trading for Function X (FX) because the underlying smart contract for the asset supported on Coinbase remains paused by the2025-08-02 01:36:47
- Ripple’s Recent 100 Million XRP Escrow Highlights Potential Supply Management and Market Stability Efforts2025-08-02 01:25:31