Ray Dalio on Bitcoin: "This Is Wildly Out Of Proportion"

Ray Dalio on Bitcoin: "This Is Wildly Out Of Proportion"

On April 12, 2023, the Youtube channel of Only The SAVVY released a new content that caught our attention, this article will be able to give a spotlight on it and why not make you discover this video.

As some time ago, many of you had visited one of our articles about one of the last videos of the channel Only The SAVVY, we are doing it again today because we know how much it makes you happy. That's why we decided to make an article about it, because we are sure that you will like this new video.

The Youtube channel Only The SAVVY has published today a new video called Ray Dalio on Bitcoin: "This Is Wildly Out Of Proportion". You want to discover this video and watch it in streaming, you are lucky we put it aside for you!

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For your information, you can find below the description of the video Ray Dalio on Bitcoin: "This Is Wildly Out Of Proportion" published by the Youtube channel Only The SAVVY:

Bitcoin hit $30,000 for the first time since June of 2022 and is stealing all the headlines, as it's up 80% year-to-date. For reference, the NASDAQ 100 is up 20%, which is considered a strong showing but quite a far cry from Bitcoin. Nonetheless, Billionaire Legendary Investor Ray Dalio is changing his tune on Bitcoin. In 2017, Dalio denounced Bitcoin, calling it a ‘bubble’. In 2021, Dalio changed his tune when he told CNBC that he owned some bitcoin and said it’s “almost a younger generation’s alternative to gold,” which “has merit as a small portion” of a diversified portfolio. Now Dalio is back expressing his concerns for Bitcoin. In a 1-hour interview with Julia La Roche, Dalio covered a wide range of topics, mainly his concern about the state of the global economy and how history is repeating itself. One of the topics Dalio covered was Bitcoin. Dalio now believes the flagship cryptocurrency gets way too much attention in proportion to its size, stating that it's just a quarter of the size of Microsoft, which is just one stock of many.
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► To watch the full interview:
https://www.youtube.com/watch?v=szlCPKFKzWc

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