Dalio comot from Bridgewater, boost Bitcoin & Gold to 15%
Billionaire investor Ray Dalio don sell all im remaining stake for inside Bridgewater Associates, wey mean say na im final exit from the hedge fund wey im found in 1975. Dis sale move like 20% of the company go Brunei sovereign wealth fund. Dalio, wey dey famous for predict di 2008 crisis, recently warn say global debt fit crash, and im talk say heavy national debts go make interest rates and currency value go down. To protect against dis risk, im increase im recommended Bitcoin allocation from 2% to 15%, and im do same increase to gold. Im see Bitcoin as "long-term option" for uncertain future, but still sabi say im like gold pass. Even though people celebrate and criticize im calls, dis move show say institutional interest in crypto assets dey grow as inflation hedge.
Bullish
Ray Dalio wahala to increase im allocation for Bitcoin and gold to 15%, plus im big exit from Bridgewater, fit make market better believe those assets. History show say when big investors endorse something, e dey cause traders to follow, weh fit make price go up small. For long term, e go make people believe say crypto and precious metals dey work well as protection against debt and inflation, weh fit keep demand steady and price fit increase. If other big institutions think of doing same thing, market stability and liquidity for Bitcoin fit improve, carry the good feeling forward.