BitGo CEO to investors: "Invest up to 3% of capital in BTC"

by in Cryptocurrency News

Mike Belshe

According to BitGo CEO Mike Belshe, each investor needs to invest up to 3% of their capital in bitcoin.

This expert expressed his position on Twitter and stressed that in addition to BTC, you could buy gold.

Belshe drew attention to the fact that the dollar's attractiveness as a reliable instrument is weakening. That is because the US Federal Reserve System turns on the printing press and floods the market with cash.

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The CEO of BitGo wrote:

Institutional investors celebrate issuing dollars and admit that devaluation makes cash unattractive.

Various experts periodically make similar statements. They predict that the rise in the price of gold and bitcoin will continue in the near term.

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In parallel, there is a correlation in the prices of these assets. This trend indicates that investors are massively switching to alternative instruments that are independent of the Fed's monetary policy.