Investor Ray Dario has once again been declared favorably against Bitcoin (BTC). There is no longer a time when he thought that the digital currency created by Nakamoto At was simply a speculative bubble. Now Dario compares it to gold.
In a recent interview, the billionaire investment fund manager said, “If you’re completely neutral – that is, if your opinion hasn’t been formed and you want to optimize your portfolio in search of the best relationship between returns and risk, you’ll have around 15% of gold or bitcoin.”
Dario added that Personally, he “has power before Bitcoin, but depends on each one.”
Investors are based on his statement based on inflation and the resulting devaluation of Phili’s money.
« Money devaluation occurs at a moment of excessive debt and geopolitical issues. You just need to see the story: study Sterling Pond, Florin from the Netherlands, and other similar cases. As happened in the 1970s, in all these periods, we see that assets such as gold (and now Bitcoin) serve as effective diversification tools. So, if you didn’t have a defined opinion, prudence is to invert about 15% of your portfolio with that type of assets, such as coverage to others».
Ray Dario, an investor.
As reported by cryptootics a few months ago, Dario said he was away from his debt assets, while choosing hard money such as gold and Bitcoin.