November 23, 2024
Raoul Pal: “Why I’m Loading Up MASSIVELY On These Cryptocurrencies In June”
 #Finance

Raoul Pal: “Why I’m Loading Up MASSIVELY On These Cryptocurrencies In June” #Finance


well I think it goes to New alltime highs wow okay that’s big yeah it’s a big move that’s what I think happen that’s what I think is up for grabs here you know I’ve been following this chart for a long time it has been you know we now come into the season where

this tends to outperform uh it’s usually when the ism is picking up the altcoin season starts the Liquidity season starts the ban banana zone is tends to be the period when eth out performs so we’re in that zone it really picks up next year but start this year if you go

back to 2020 eth started basing and then started outperforming from about the summer onwards and really started picking up towards the end of 2020 and then by 2021 it was it went eastic you know it went into full banana Zone I think we’ll see something similar Raul pal the founder and chief

executive officer of real vision and Global macro investor has given his updated price predictions for Bitcoin salana and ethereum which he describes as a proven battl tested protocol call pal forecasts that Bitcoin is primed for a 2 or 3x move from its previous all-time high of $69,000 his

predictions for salana are much less conservative he predicts that the native token of the salana blockchain platform which uses a proof of stake mechanism to provide smart contract functionality could climb by as much as 47x from the last Cycle’s lows to reach a staggering $750 to $1,000 per

coin he’s just as bullish on ethereum which he predicts dicks will easily hit and quickly surpass new all-time highs before the bull market ends in 2025 while pal acknowledges the need for caution when making predictions especially given the level of uncertainties with the economy and

unstable macro conditions he believes these predictions are reasonably grounded his confidence in the stability of the Cryptocurrency market is bolstered by his observations of past bull

href="https://cashnews.co/markets" style="font-weight: bold; color: #1a73e8; text-decoration: none;">Markets Pal’s thesis for a strong Crypto bull market Market also rests on his

expectations for quantitative easing measures or more cowbell as he fondly refers to it according to Pal the 2008 Global financial crisis and the subsequent moves made by central banks to save the global economy from complete ruin made it a certainty that they will always have to come to the Rescue

by printing more money this he explains is why QE is now a periodic exercise carried out by all of the world’s major C Banks and it will go on for as long as the traditional Financial system continues to exist with infinite cowbell and all the hype around the spot Bitcoin and ethereum

href="https://cashnews.co/etfs" style="font-weight: bold; color: #1a73e8; text-decoration: none;">ETFs pal is certain that the next 12 to 18 months will be very favorable for the entire none;">Cryptocurrency industry the former Goldman Sachs executive discusses his Outlook and price predictions for salana and ethereum in a recent interview with Crypt banter as we bring you clips from the discussion please take a little time to like this CashNews.co subscribe to the the channel

and turn on post notifications for more CashNews.cos like this also ensure you drop your comments and observations in the comment section below everything you do helps with the YouTube algorithm and immensely contributes to the Channel’s growth thanks and enjoy the CashNews.co I think

there’s a bit of chop still so but then I think later in the year the soul eth chart breaks higher um and I think it goes significantly higher again so I do think soul will you know double or triple the performance that eth does and that’s driven by the usage and then fire dancer well

last time around eth was all about nfts I don’t care usage is usage early stage uses what these mean coins are is an early stage testing ground the nfts were last time for a technology stress testing it and figuring out what is the true product Market fit my guess is what we do here is

starting the social token thing that I’ve talked about for some time now will we get there this time around no like nfts last time around we didn’t fully get there so but what we’re seeing is the start of something which is community tokens and the ways of participating in

cultural communities and benefiting if you help the community itself so I think it’s a very big thing that’s happening like the first round of nfts 99.9% of it will go to zero but you you can have some fun doing it in the meantime so I certainly don’t judge it and people are very

aware of the risk that they’re taking in it and I think it’s what it’s just showing if we step back it’s just showing that salana can handle these kind of transactions at the right cost at the right speed and it also shows that culture can be tokenized in a way that works

for the internet culture it’s all part of culture right high value things end up being nfts it just works better for that but also nfts will end up being for tickets and all sorts of other things this is just the start of the technology memes is a different thing it’s fun fungible

versus non-fungible there’s different use cases in the end but culture always starts the movement Right started nfts it started mean coins it’s all the same cultural movement my guess is 90% of the people who are in mcoins now were in nfts last time around don’t forget you could

do nfts on salana for virtually nothing so don’t confuse this with an end of nfts somebody’s going to come up with another use of having a a nonf fungible token whether it’s a specific artwork or something that is culturally relevant that works in the same way as a mcoin and you

can buy them for nothing so that it’s not gone it’s just the market only has a certain amount of attention Okay do you do you own any m coins well yeah my two biggest bets equally weighted are whiff and bonk and I’ve been in those for a while now uh and I I still have some Doge

because I still think elon’s going to do something with Doge over time do I have any other I don’t have any others that’s it and all I do is also I just look at every chart relative to another so I look at you know Bonk versus other memes or with versus other memes the Bonk with

chart which I can’t figure out the direction which is why in both of those um I don’t do the super early stuff I don’t have time I don’t have time to go into pump. took pumped up fun and figure out what’s going to move since the

style="font-weight: bold; color: #1a73e8; text-decoration: none;">Cryptocurrency bull market went into full swing real Vision CEO Raul pal has had a simple message for investors don’t ruin this though he uses more colorful language Pal’s message about leverage and fomo has been as

clear as day doing either of these things to make greater Returns on your tokens will cost you a great deal if and when you make the wrong moves while pal recognizes the advantage of using leverage to make more gains he cautions that the bold; color: #1a73e8; text-decoration: none;">Cryptocurrency market is too volatile to make such moves especially for beginners still acclimating to the whole setup Pal’s main advice is to focus on top text-decoration: none;">Crypto Assets like Bitcoin ethereum and salana allocating a significant percentage of your Portfolio to them and a smaller percentage to the wild world of memecoins and nfts in the same vein he stresses that memecoins are a part of the

Crypto culture as battl tested coins like Doge and Sheba Inu have proven repeatedly let’s get back to the CashNews.co everybody knows what this is about this is pure speculation on is

this cultural meme going to gain relevancy or not does me as Caitlyn Jenner have relevancy that can persist or not that’s the game that’s why the Bowden and the TR and all of this stuff right it’s can mean be persistent so I don’t have a problem with it as long as everybody

knows that this is a game of betting on raindrops going down Windows and we are humans we all bet on it and some of these memes are persistent centuries and others persist for an afternoon and as long as everybody has a smile on his face that you’ve got on your face now when you’re

laughing at the Ridiculousness of this space and realize that all we’re doing is speculating that all we’re doing is going to Vegas but with slightly better odds than the lottery ticket Americans spend $110 billion do on lottery tickets every year well that they have better odds in the

mean coin casino so I also think it’s very early stage proof of concept testing of what will develop out of this find a famous meme let’s say the girl looking back at the burning house yes that actually got tokenized as an nft but let’s assume that you can participate in the

success of that Meme that you’ve found like spotting a band where you go to a pub and this band’s amazing and then they end up becoming Coldplay right it’s that same feeling of being discovering something that nobody else discovered and it becoming a big thing this way you get to

F financially participate why you don’t when you discover the new ban so is this the next big meme or not it’s a game that everybody can play if this thing becomes too big and this thing is actually based by nothing but the feeling of memes are we not creating another Luna situation yes

and no yes like the nft situation is as I keep saying 99% of these will fall 99% everybody knows this they’ll still get caught off sides and they’ll still be pissed off and they’ll still be blaming whoever told them on the Internet the last person to buy that Meme after it went

down and it still be a shitfest and it’ll be the same old stuff again but there is value in this stuff still there is value because do has proven it and Shea’s proven it and these things the two or three will persist and that Meme will create further value um so we don’t what is

going to create value I assume that all of it going to go to zero but it won’t it certainly won’t I just don’t know what those what those are going to be but I don’t see that as a Luna moment it’s just part of what is

style="font-weight: bold; color: #1a73e8; text-decoration: none;">Crypto Crypto you know the market goes down 90% gu every four years next ETF Soul ETF which ETF launches next if the space

stays true to its form it should be Doge over the past year real Vision CEO and co-founder Raul pal has had another important pie piece of advice for investors how to get ahead of what he calls the fourth Industrial Revolution or the exponential age pal said he realized the importance of the new

age when he noticed a few things first central banks are printing more money than we ever thought possible The Reckless money printing from the Federal Reserve and its counterparts has inflated asset prices into what seems like a bubble however none of these Technologies are actually in a bubble it

just seems so because the dollar has significantly lost value Pal’s conclusion from all this observation is that the price Valuations of technologies will continue to grow exponentially over the next few years in fact the former Goldman Sachs executive believes we have only 6

years left to make all we can from the Crypto Market before everything blows up and the world becomes unrecognizable please share your thoughts comments and observations on the CashNews.co in

the comment section below also ensure you give this CashNews.co a thumbs up subscribe to the channel and turn on the notifications Bell for more CashNews.cos like this thanks for watching

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