The founder and head of Tudor Investment Paul Tudor Jones (Paul Tudor Jones) in an interview with Bloomberg TV said that bitcoin should become part of each balanced investment portfolio. He associated this with the “debt trap” of the United States, where national debt is approaching 100% of the country’s GDP.
Jones emphasized that during its evolution, the flagship cryptocurrency ceased to be simply a speculative asset, but became an effective tool for hedging financial risks in the context of economic instability. He recommended for the protection of capital to allocate 1-2% of bitcoin assets, as well as combine cryptocurrency investments with investments in the tools of the real sector, such as gold or shares of technological companies.
“This will probably be the best investment portfolio to combat inflation,” Jones said.
Earlier, the head of Tudor Investment expressed the opinion that against the backdrop of the growth of public debt of the United States and global geopolitical risks, investments in BTC and gold can become an obligatory element of investment policy of companies.
Source: Bits
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