In an interview with CNBC in May 2020, macro investor Paul Tudor Jones said that 1% to 2% of his assets were invested in bitcoin (BTC).
The billionaire made another appearance on CNBC this week and reiterated that the cryptocurrency acts as one of the safest instruments in the face of international tensions. Bitcoin will protect investors’ capital just like gold.
In addition to the complication of the geopolitical situation, there is another factor that pressures the global financial system. The American economy is gradually sinking into a state of crisis.
Investors should already think about changing their strategy and switch to the market of precious metals and BTC. To do this, they need to gradually withdraw from the shares of technology companies.
The freed up capital can be invested in gold and digital currency, the financier noted.
Paul Tudor Jones shares the viewpoint of the author of the popular book “Rich Dad, Poor Dad” Robert Kiyosaki, who also believes that only bitcoin and precious metals remain hedging instruments.
The same businessman insists on getting out of treasury bonds, as the US and EU economies will soon collapse.
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