Ray Dalio about bitcoin (on his AMA right now): "[...] it could serve as a diversifier to gold and other such storehold of wealth assets."

I think that bitcoin (and some other digital currencies) have over the last ten years established themselves as interesting gold-like asset alternatives, with similarities and differences to gold and other limited-supply, mobile (unlike real estate) storeholds of wealth. So it could serve as a diversifier to gold and other such storehold of wealth assets. The main thing is to have some of these type of assets (with limited supply, that are mobile, and that are storeholds of wealth), including stocks, in one's portfolio and to diversify among them. Not enough people do that. As far bitcoin relative to gold, I have a strong preference for holding those things which central banks are going to want to hold and exchange value in when they are trying to transact.

https://old.reddit.com/r/IAmA/comments/k9b4g8/im_ray_daliofounder_of_bridgewater_associates_we/gf3i271/

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Comments

  1. Pedro Taylor ✅24 March 2021 at 06:48

    Recording success in Bitcoin, it is not just buying and holding till when bitcoin sky-rocks, this has been longed abolished by intelligent traders ,mostly now that bitcoin bull is still controlling the market after successfully defended the $57,000 support level once again and this is likely to trigger a possible move towards $60,000 resistance area However , it's is best advice you find a working strategy by hub/daily signals that works well in other to accumulate and grow a very strong portfolio ahead. I have been trading with Mr Carlos daily signals and strategy, on his platform, and his guidance makes trading less stressful and more profit despite the recent fluctuations. I was able to easily increase my portfolio in just 3weeks of trading with his daily signals, growing my 0.9 BTC to 2.9BTC. Mr Carlos daily signals are very accurate and yields a great positive return on investment. I really enjoy trading with him and I'm still trading with him, He is available to give assistance to anyone who love crypto trading and beginners in bitcoin investment , I would suggest you contact him on WhatsApp: +1(424)285-0682 ,telegram : IEBINARYFX and through Gmail : (investandearnbinaryfx) for inquires and profitable trading platform systems. Bitcoin is taking over the world and it is the best time to invest.

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