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

The Bridgewater Associates founder, with an estimated net worth of more than $15 billion, said investors should overweight Bitcoin and gold rather than bonds, reinforcing a message he has repeated as concerns about government debt and broader market stress have resurfaced.

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

In a Friday LinkedIn post, Dalio said holding 10% to 15% of a portfolio in gold could help reduce risk. He recommended gold and Bitcoin (BTC) as assets to overweight relative to debt assets such as bonds, pointing to 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,” Dalio said.

Dalio, whose net worth has been estimated at more than $15 billion, has previously said Bitcoin could not replace gold as a store of value and has warned about privacy concerns and threats from quantum computing. His Friday comments echoed remarks he made in July 2025, when he said he held some, “but not much” Bitcoin and recommended holding up to 15% in the cryptocurrency and gold.

The view also fits a longer thread in Dalio’s recent comments: in 2022, months before a major crypto market downturn, he said holding between 1% and 2% of BTC in a portfolio was “reasonable.” For readers tracking how traditional macro investors talk about digital assets, the distinction matters because Dalio has continued to frame Bitcoin as part of a broader asset mix rather than a substitute for cash, bonds, or gold.

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