354
141 shares, 354 points

Renowned st and crypto expert Raoul Pal explains how Bitcoin and Ethereum (ETH) will rise against other asset classes this year.

Raoul Pal: Bitcoin and Ethereum may rise against other asset classes this year

In a new storm of tweets, former Goldman Sachs executive Raoul Pal reiterates the theory that Bitcoin is a “super big black / hole” and argues that cryptocurrency markets will continue to attract capital from all other major assets.

Comparing the performance of Bitcoin and Ethereum with all other major tradable assets since the beginning of 2021, Raoul Pal highlights a huge asymmetric advantage in favor of the two biggest cryptocurrencies by market capitalization. Even when calculating the amount of risk required to invest in crypto, Raoul Pal says that the digital asset space still overshadows everything. Raoul Pal adds the following to his comments on the subject:

Also, the volume adjustment earns crypto based on a risk-adjusted return. Like it or not, this is the top trade in the last 12 months and one of the biggest trades ever. BTC rose + 1.386% from the lowest level in March 2020. ETH, March
+ 2% from the lowest level in 2020. 985 increased.

Raoul Pal: BTC and Ethereum will continue to be superior bets throughout the year

Raoul Pal believes that Bitcoin and Ethereum will continue to be superior bets throughout the year. Raoul Pal adds the following to his comments on the subject:

My theory is that no investment will beat cryptocurrency this year and it will attract more and more capital. The point here is that it performs better than any asset class in the world. Not because I like it because it’s new and shiny, but because it makes everything else look pointless. I don’t care about growth versus value. Look, if I had the right timing, there was a 10% return. I can buy and hold bitcoins and earn 100%, and it’s almost mid-March. This is what I’m trying to hit the table with. At this stage of the crypto cycle, nothing else matters.


Like it? Share with your friends!

354
141 shares, 354 points

What's Your Reaction?

hate hate
858
hate
confused confused
368
confused
fail fail
1226
fail
fun fun
1104
fun
geeky geeky
981
geeky
love love
613
love
lol lol
736
lol
omg omg
368
omg
win win
1226
win

0 Comments

Your email address will not be published. Required fields are marked *

Choose A Format
Personality quiz
Series of questions that intends to reveal something about the personality
Trivia quiz
Series of questions with right and wrong answers that intends to check knowledge
Poll
Voting to make decisions or determine opinions
Story
Formatted Text with Embeds and Visuals
List
The Classic Internet Listicles
Countdown
The Classic Internet Countdowns
Open List
Submit your own item and vote up for the best submission
Ranked List
Upvote or downvote to decide the best list item
Meme
Upload your own images to make custom memes
Video
Youtube, Vimeo or Vine Embeds
Audio
Soundcloud or Mixcloud Embeds
Image
Photo or GIF
Gif
GIF format