Why do you hold a portion of your portfolio in gold instead of Bitcoin?
Replied byRay Dalio
Founder at Bridgewater Associates
Niche: Finance
Revenue: Not Publicly Disclosed/month
Location: Westport, Connecticut, United States
Started: 1975
I allocate about one percent to Bitcoin but prefer gold, which represents five to fifteen percent of my portfolio. Gold is the second largest reserve currency and carries no third-party liability. Governments can easily ban or tax Bitcoin if it threatens their control.
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