Thursday, May 19 2022

Real Vision CEO and macro guru Raoul Pal reveals his strategy for investing in cryptocurrency amid bearish sentiment in the markets.

Pal tells his 828,300 Twitter followers that he hasn’t made any profit by selling any of his crypto assets and is instead increasing his holdings.

The macro guru has also said he has set up a crypto investment fund known as Exponential Age Asset Management which will take a long-term view.

“People have asked me if I have taken a profit and the answer is no.

I keep increasing my bet when I have the money. I switched to digital assets and also set up a full-length crypto fund of hedge funds to stay in the business for years.

The CEO of True Vision said that in the event of a significant appreciation of its crypto assets, it could take profits in order to meet personal expenses. If the opposite were to happen, Pal says he wouldn’t sell.

“I will be allocating this fund for my base position as the space becomes more complex and difficult.

But that will take some expense out of the life of the table in a really big move higher (I have a big house extension to pay for!)

my mate too said that he is not in debt and that all his money is in cryptocurrency. He depends on a separate income to meet daily expenses.

“All my money is in digital assets. Everything except paying the bills. I also have no debts and I have income, so I can afford the fluctuations in profit and loss without worry.

Choose your own trip. Take the risk that you can afford to gamble for the long haul and don’t try to get rich quick.

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Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high risk investments in Bitcoin, cryptocurrency, or digital assets. Please note that your transfers and transactions are at your own risk and that any loss you may incur is your responsibility. The Daily Hodl does not recommend buying or selling cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in Affiliate Marketing.

Featured Image: Shutterstock / Tithi Luadthong / Natalia Siiatovskaia


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