“If they put a gun to my head and said:“ You have only one choice, then I would, of course, choose the yellow precious metal, ”Dalio said in an interview. In May of this year, he admitted that he became the owner of bitcoins, although up to this point for many years he remained a great skeptic about the entire crypto market.
“I own a small amount of bitcoins, I am not a big holder of this cryptocurrency,” Dalio said. “This asset should be present in the investment portfolio for its diversification. It can be viewed as digital gold. " For him, however, Bitcoin is just a small piece of a larger investment puzzle. “I see bitcoin as a diversification. By and large, I don't know if it will rise or fall. I can argue for both points of view. "
According to Dalio, it is very important to regularly review your investments and avoid acquiring more than one asset, such as Bitcoin, just because it temporarily shows good performance. “Be careful where you put your money,” he warns. "Diversify your investments around the world, not just in one country where you live."