Written by Turner Wrightstaff writerReviewed by Sam Bourgistaff writer

Written by Turner Wrightstaff writer

Reviewed by Sam Bourgistaff writer

Ray Dalio says to buy ‘a bit’ of Bitcoin amid potential debt crisis

Latest NewsPublishedAug 21, 2026

The hedge fund founder with an estimated net worth of $15 billion recommended that investors overweight Bitcoin and gold rather than bonds.

The founder of the Bridgewater Associates hedge fund, Ray Dalio, called on investors to put money into gold and “a bit of Bitcoin” in response to a looming debt crisis.

In a Friday LinkedIn post, Dalio stated having between 10% to 15% of one’s portfolio in gold could help reduce risk. He advocated for gold and Bitcoin (BTC) as assets to be overweight compared to debt assets like bonds, citing risks from “internal political and external geopolitical conflicts.”

“My guess, which I suppose will be a bad one, is that [a US debt crisis] will come in three years, give or take two, if the course we’re on is not changed,” stated Dalio. 

The Bridgewater Associates founder, with an estimated net worth of more than $15 billion, has previously argued that Bitcoin could not replace gold as a store of value and warned about privacy concerns and threats from quantum computing. His Friday comments echoed those from July 2025, when he stated he held some, “but not much” Bitcoin, and recommended holding up to 15% in the cryptocurrency and gold.

In 2022, months before a notable crypto market downturn, Dalio stated that holding between 1% to 2% of BTC in one’s portfolio was “reasonable.”  

Related: ‘No privacy’ CBDCs will come, warns billionaire Ray Dalio

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• Cryptocurrency Investment
• Hedge Fund
• Bitcoin Adoption
• Industry

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