Paul Tudor Jones said bitcoin is a great way to protect his wealth over the long run and is part of his portfolio just like gold. "I like bitcoin as a portfolio diversifier. Over time it's a great diversifier," he said. "For me, it's just a way of kind of foundationally looking at how do I protect my wealth," he added.
Investing at least 5% of your assets in #Bitcoin is recommended by Paul Tudor Jones, and institutions and talking heads are already going absolutely bananas... Do you have any thoughts on where this will lead to Bitcoin?
Is it moon time?So an American philanthropist,hedge fund manager and founder of Tudor investment Paul Jones is the only influential person that can skyrocket the btc prices alone? Who said you this is possible? He has just said that he is holding only 5% of his portfolio with bitcoins investment for long term returns just like other investors.His networth is around $5 billion and he can't solely have affect on the prices.Say Mark Cuban is also one of the shark in this market but has he managed to move the market.Even if Paul invest all his net worth into Bitcoin it will move the market a little not to the moon.So don't have any such hope.They just want profits and remember he is the most conservative trader out there who fears losing money and btc is volatile flowing in opposite direction.