Hedge fund manager Ray Dalio recommends that investors hold about 15% of their portfolio in gold or Bitcoin to balance risk and returns.
While Dalio personally prefers gold, he acknowledges Bitcoin’s appeal due to its limited supply and use as a form of money.
However, he remains cautious about Bitcoin’s technology and privacy issues, and doubts central banks will adopt it as a reserve currency. Dalio also warned about the risks of rising U.S. debt.