{"id":78052,"date":"2023-04-29T10:19:07","date_gmt":"2023-04-29T07:19:07","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=78052"},"modified":"2025-09-11T02:42:55","modified_gmt":"2025-09-10T23:42:55","slug":"ray-dalio-bitcoin-holders-should-be-prepared-for-an-80-drop","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/ray-dalio-bitcoin-holders-should-be-prepared-for-an-80-drop\/","title":{"rendered":"Ray Dalio: Bitcoin holders should be prepared for an 80% drop"},"content":{"rendered":"

The investor and billionaire Ray Dalio told Chris Williamson in a podcast<\/a> that he owns Bitcoin, but prefers gold.<\/p>\n

\n

\u201cI don’t understand why people are leaning more towards Bitcoin than gold. On an international level, gold is the third-largest reserve asset for central banks. First the dollars, then the euros, gold and the Japanese yen,\u201d he said.<\/p>\n<\/blockquote>\n

In Dalio’s view, the precious metal is \u201ctimeless and universal.\u201d Meanwhile, Bitcoin demands close attention from investors because of its volatility, he added.<\/p>\n

\n

\u201cYou must be prepared for its significant drop of around 80%,\u201d the investor warned.<\/p>\n<\/blockquote>\n

Earlier, Dalio doubted<\/a> Bitcoin’s ability to replace fiat currencies. In May 2022, the billionaire said that the first cryptocurrency is a good hedge against inflation, but not a full-fledged alternative to gold<\/a>.<\/p>\n

In April 2023, the author of the bestseller ‘Rich Dad, Poor Dad’ and entrepreneur Robert Kiyosaki predicted Bitcoin would rise to $100,000<\/a>.<\/p>\n

According to Galaxy Digital CEO Mike Novogratz, the price of the first cryptocurrency would reach the $40,000 level<\/a>, when the U.S. Federal Reserve begins cutting the key rate<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The investor and billionaire Ray Dalio told Chris Williamson in a podcast that he owns Bitcoin, but prefers gold.<\/p>\n","protected":false},"author":1,"featured_media":78053,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1138,1732],"class_list":["post-78052","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-opinions","tag-ray-dalio"],"aioseo_notices":[],"amp_enabled":true,"views":"15","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/78052","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=78052"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/78052\/revisions"}],"predecessor-version":[{"id":78054,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/78052\/revisions\/78054"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/78053"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=78052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=78052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=78052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}