Dalio dey urge to put 15% Bitcoin & Gold as way to cover against US Debt Wahala
Bridgewater founder Ray Dalio dey warn say di US government debt don rise well well, e don reach six times di annual revenue plus $1 trillion wey dem dey pay as interest every year, and dis one fit cause gbege for market. E predict say if Fed do any more intervention or start another round of quantitative easing, e fit make bond and stock markets crash sharply. To protect from money value loss and financial wahala, Dalio suggest say make people put at least 15% of dia portfolio for gold and Bitcoin. E praise gold because e don always dey keep value steady, and e talk say Bitcoin get 21 million cap, e no get central control, plus e fit transfer across borders. E also talk about traceability of Bitcoin and some risks for protocol, and e hold small personal position with gold. Traders suppose think about dis strategy to protect themselves from rising price levels, geopolitical gbege and market shakiness. Alternative assets like gold and Bitcoin fit protect well for next financial crisis.
Bullish
Institutional backing from Ray Dalio dey boost Bitcoin credibility as hedge. E talk make investors put 15% fit make demand increase among investors wey dey look for protection from US debt wahala wey dey come. For short term, e fit increase buying pressure, and if long-term people begin use am, e fit make Bitcoin market stable. Even though e get volatility, Dalio stand go likely make people get better mind and dey buy more.