Paul Tudor Jones jumps BTC recommendation from 1% to 5% of Total Assets

in bitcoin •  4 years ago 

Bitcoin gets a boost

Paul Tudor Jones was on CNBC today talking all things finance and crypto.

He said the FED is intentionally building a bubble right now that should be popped.

Irregardless, he says you got to own more inflation hedges which means btc and gold need to owned in greater amounts:

image.png

(Source: https://twitter.com/100trillionUSD/status/1404452776948776965)

People putting 5% of the wealth into bitcoin might not sound like much but when everyone does it, it's a ton of money.

Plus on an individual basis, if bitcoin got wiped out, it's only 5% of your wealth and not going to put you on the streets.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!